Category Archives: Cyber Security

Lloyd’s CEO: Cyber attacks cost companies $400 billion every year

"Last year, the insurance industry took in $2.5 billion in premiums on policies to protect companies from losses resulting from hacks.

Lloyd’s, the British insurance company, is known for specializing in obscure risks. When civilians finally push off into space, they will likely be insured, along with the aircraft they travel in, by Lloyd’s. But one initially...
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Graduation Pictures Spring 2015

  • Campus 01
  • Campus 02
  • Campus 03
  • Campus Library
  • Gorgasali University Tbilisi
  • Graduation Student 01
  • Graduation Student 03
  • IT-Classroom
  • Seminar 04
  • UNIES Restaurant

ABS London

Congratulations to those graduating in 2015!

Our warmest congratulations to all the students graduating in 2015. The ceremony was held at our partner university, University Institute for International and European Studies,  Tbilisi Teaching University Gorgasali.

Good luck with your future careers from the team at Apsley Business School, London.

MRI scans show brains “switch off” after numerous security warnings

[mp_row] [mp_span col="12"] Arstechnica is carrying an interesting article about how habituation leads to attention drops when processing security warnings (for example SSL warnings). It is an important reminder of the fact that users need to have regular security awareness training to help them understand warnings and what to do about them and that IT teams...
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BMW fixes security flaw that should not have been there

The BBC reports that BMW have fixed a flaw with their ConnectedDrive software found in approximately 2.2 million cars. The software was transmitting data unencrypted over cellular networks and not performing any verification checks on the servers it was communicating with leading to the possibility of unauthorised persons accessing and controlling certain car functions. As...
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Facebook gets knocked down, and is up again

How fast can your company recover from an Information Security breach?

Nowadays, it is clear that information security breaches are happening everywhere.
The importance of swift response and a clear policy for Information Security, prevention and responses was made clear again in the early hours of this morning. People were in uproar on social media.Screenshot_2015-01-27-11-32-11

Facebook, Tinder, Instagram all went down for about 40 minutes, with millions of people's personal information potentially being compromised, as well as inconveniencing Facebook's huge online footprint. A full summary of what happened can be found on the Verge's website

An online hactivist group, called The Lizard Squad hinted at claiming responsibility. The Lizard Squad also claimed responsibility for the Christmas hack of Sony Playstations, causing misery to millions of young consumers who were hoping to enjoy their brand new presents. Lizard Squad also claimed responsibility for hacking Malaysia Airline's website this week, and Tweeted support for IS.lizard sqd

Facebook later made a public statement that they had not been hacked by The Lizard Squad.

However you view the situation, it is incredible that an organisation with the scale and scope of Facebook was able to resume normal service after only 40 minutes. A spokesperson stated "We moved quickly to fix the problem, and services are back to 100% for everyone."

Would your company be able to get your online presence up again so swiftly? Would your company be able to analyse the situation, quantify the risk, and move forward so calmly?

If not, perhaps you would be interested in looking at our accredited postgraduate qualifications in Information Security.

liz sqd malysian airlines playstation-network-hacked-message facebook graphic

Disclaimer: All images are copyright of the original publication and Apsley Business School holds no responsibility for any claims nor information held on external sites.

Photo credits, BBC, The Verge.