UK: DATA BREACH REPORTS IN FINANCE AND INSURANCE SECTORS UP 74% IN 2 YEARS, LEGAL UP 112% BUT STILL HUMAN ERROR THE GREATER PROBLEM

The International Chamber of Commerce on 14th September reported that data breaches in the finance, insurance and credit sectors reported to the UK Information Commissioner’s Office (ICO) increased by 74% in the past 2 years.  Reports in the legal sector rose 112%.  However, analysis reveals that risks posed by human error were greater compared the threat posed by cyber attacks.

https://icc-ccs.org/index.php/1250-data-breach-reports-in-finance-and-insurance-sectors-up-74-in-two-years

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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