The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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The growing threat hackers pose to businesses has led Tesco to conduct a cyberattack stress test for the first time, which found that a breach could cost it up to £2.4 billion in fines.
Under a risk analysis detailed in its latest annual report, Tesco modelled various scenarios for a cyberattack where customer data was compromised.
Britain’s biggest supermarket holds a wealth of customer data due to its 20 million Clubcard members. This means that it has to comply with the GDPR penalty framework under which firms can be fined for serious data breaches.
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Under the worst-case scenario outlined by Tesco, it could be fined a maximum of 4 per cent of group revenue. That is equivalent to £2.4 billion.
https://abcnews.go.com/Business/wall-street-eyes-cybersecurity-goldman-sachs-announcing-125/story?id=84091514
Growing concerns over cybersecurity vulnerabilities in the United States are prompting record investments from firms to protect critical industries. FBI Director Christopher Wray said last month that intelligence officials were "concerned" about the possibility of Russian cyberattacks against critical U.S. infrastructure in the wake of Russia's war with Ukraine. Goldman Sachs billed its $125 million investment as part of a new strategic venture with Fortress Information Security, a company responsible for securing 40% of the U.S. power grid, as well as assets in critical manufacturing and the nation's defense industries.
Power cuts at an east London hospital led to routine appointments being cancelled and visitors being asked to leave.
The Royal London Hospital in Whitechapel began experiencing "intermittent power outages" from about 12:30 BST on Saturday.
Back-up plans allowed patient care to continue throughout the day, but routine appointments were cancelled, a hospital spokesperson said.
Power was fully restored by 20:30.
The hospital has reopened to visitors after engineers resolved remaining issues, a hospital spokesperson added.
Breakthrough is in bed with Bill Gates. could be good news for Cyba
Breakthrough Energy
@Breakthrough
Our outdated and fragmented electric grid is stalling the transition to a net-zero economy. We need to upgrade our transmission capacity to make sure communities across America have access to affordable, clean electricity.
https://fb.watch/cqqWsdenB5/ watch till the end
https://www.world-nuclear-news.org/Articles/Project-Pele-mobile-microreactor-to-go-ahead
https://science.howstuffworks.com/environmental/energy/virtual-power-plants.htm
tbh i had been thinking the same. somehow the consort party owns more than 50% of this as they have acted in consort throughout lol
this is main market. does the 30% rule apply to main market?
With reference to the TR1 announced on the 04/04 Steve Bassi has a holding it seems of more than 30%, does this not mean if im not mistaken there is a mandatory bid situation? How come nobody is talking about this?
https://www.nytimes.com/2022/04/07/us/puerto-rico-power-outage.html
Canada's electronic espionage agency is getting a huge chunk of change — nearly a billion dollars over the next few years — to confront the growing threat of cyber attacks by private actors and foreign states.
The federal budget, tabled Thursday in the House of Commons, promises to give the Communications Security Establishment $875.2 million over five years, starting in the 2022/2023 fiscal year, and then $238.2 million annually "to address the rapidly evolving cyber threat landscape."
"As Canadians grow more dependent on digital systems, the potential consequences of cyber incidents continue to increase, and Canada needs to be ready," says the budget document.
The budget includes money to enhance the agency's abilities to launch cyber operations to prevent and defend against cyber attacks — $263.9 million over five years starting in 2022-23, and then $96.5 million annually thereafter.
https://www.cbc.ca/news/politics/budget-cyber-funding-1.6411613
Chinese hackers reportedly target India's power grid
India’s power sector has been targeted by hackers in a long-term operation thought to have been carried out by a state-sponsored Chinese group, a U.S.-based private cybersecurity company detailed in a new report. India's power sector has been targeted by hackers in a long-term operation thought to have been carried out by a state-sponsored Chinese group, a U.S.-based private cybersecurity company detailed in a new report
osirium has 4 bagged from the 5 placing now