hacking

Will the Tesco Bank attack dent trust in startup banks?

In 1997, UK retail giant Tesco launched a bank. “Our vision is to be the bank for people who shop at Tesco,” stated Benny Higgins, the bank’s CEO.

While Tesco Bank’s two-decades long history means it’s an elder compared to upstarts like Monzo, which led a record-breaking £1m crowdfunding campaign earlier this year, Tesco Bank has only offered current accounts since 2014, putting it in the growing category of upstarts targeting high street banks.

Dealing with a Twitter hack: Lessons from @BurgerKing

https://assets.econsultancy.com/images/resized/0002/9233/bk_1-blog-third.pngFast food giant Burger King experienced a social media meltdown earlier this week, as the brand’s Twitter feed was hacked, its profile picture and name changed to that of industry rival McDonalds, and a series of unusual tweets were fired out to the brand’s followers. 

Things first went amiss around noon EST, and followers were treated to over an hour of links to YouTube videos, pictures of dirty kitchens, tweets about percolate and a few reminders that comms managers can’t afford to take public holidays off…

Yahoo faces major security breach: reports

It’s no surprise that companies on the consumer internet are collecting a lot of information about their users — with and without the permission of those users. And that means there are plenty of databases that make an attractive target for hackers.

Unfortunately for users, many of those databases aren’t secured properly, and as we’ve seen time and time again, best practices for how certain pieces of information, such as passwords, are stored go unfollowed.

Security a ‘major concern’ for ASOS as hackers target the site every hour

ASOS is targeted by hackers every hour, which poses a “very real threat” to the site’s security, the company’s security officer Michelle Tolbay said yesterday.

Although the probes are generally quite unsophisticated, Tolbay says this is still a “major concern” for the clothing e-tailer.

Speaking at a NetBenefit event on compliance with the Payment Card Industry code, she said that more serious attacks are made once a week on average by hackers trying to steal credit card information.