The decline in TalkTalk's profits is undoubtedly due to the aftereffects of a cyberattack in which the names, phone numbers, and email addresses of a reported 157,000 customers were lost. In addition, during the same incident 21,000 bank account numbers were accessed.
Data breaches in the worlds of banking, credit and finance have nearly double between 2014 and 2015 according to the Identity Theft Resource Centre's 2015 Breach List report. Despite being unsure of how long it would take, IT pros in financial services are very confident in their ability to detect a breach.
A data file of 10GB holding sensitive financial data compromised from an InvestBank in the United Arab Emirates (UAE) has been leaked online. The file contains information on tens of thousands of customers from a bank based in Sharjah.
Fast Five
Selected by the SC Media Editorial team every Tuesday.
Sign up now for the top five issues cybersecurity pros need to know this week.