MI5 describes astonishing level of cyber attacks

By | June 26, 2012

Source: Help Net Security

In this article “MI5 has admitted that it is working to counter astonishing levels of cyber-attacks on UK industry. Head of MI5, Jonathan Evans, commented that vulnerabilities on the internet are currently being ‘exploited aggressively not just by criminals but also states’.

He also revealed MI5 is investigating instances of cyber attacks in more than a dozen companies and that one major London business has suffered £800 million in losses following an attack – something that terrorists could exploit in the near future.

This comes hot on the heels of a report from Cambridge University that claimed that cyber crime is currently costing Britain £11 billion.”

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