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FT: The EU is looking to toughen scrutiny of potential security risks with Chinese technology companies in the wake of growing concerns about cyber theft and cyber espionage allegedly linked to Beijing. Brussels wants to step up efforts to map Chinese electronic infrastructure in the bloc, after pressure from Washington and growing unease in capitals from Berlin to Tokyo.
Irish Independent: A law firm transferred €97,000 to cyber criminals after its email system was hacked. The fraud occurred after an email sent by a solicitor to the firm's bookkeeper, containing instructions for the making of a payment, was intercepted and bank account details were changed. Details of the attack...
Tech Crunch: The Israeli cybersecurity industry has long been recognized as a hotbed for innovative solutions, and 2018 to be yet another strong year. Early stage companies raised more money than ever before to tackle emerging security threats like protecting the proliferating number of internet-connected devices and enabling blockchain technologies to thrive in more secure environments.
The Irish Times: The Central Bank plans to pile pressure on financial institutions to get to grips with mounting cybersecurity, Brexit and other risks related to their outsourcing arrangements, as it found in a survey that many boards have little understanding how others manage these crucial functions.
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