HLB Cyber News Insights November 2024

Cyber Updates Ireland

In This Issue:

1. HLB Cybersecurity Report highlights concerns

A new report from HLB Ireland shows that 86% of businesses are now more worried about cyber threats than ever before. Concerns are rising as ransomware attacks, phishing scams, and other cyber risks continue to grow in frequency and sophistication. Despite these dangers, many businesses still lack adequate defences, leaving them vulnerable. The report stresses the need for companies to strengthen their cybersecurity measures and build resilience against future attacks.

Read more here: HLB Ireland Cybersecurity Report

 

2. New Cybersecurity Laws Could Reveal Hidden Risks

Ireland is introducing new laws under the EU’s NIS2 Directive, designed to tighten cybersecurity rules and make businesses more accountable. The regulations will require organisations in key industries like healthcare, finance, and tech to report breaches more transparently. Experts predict this could double the number of reported breaches, uncovering vulnerabilities many companies may not have known about. While the directive aims to strengthen overall security, some businesses may struggle to meet the new requirements without expert support.

Read the full story here: Irish Times Article on NIS2 Directive

 

3. SETU Waterford Hit by Cyber Attack

South East Technological University (SETU) in Waterford recently suffered a serious cyber attack, forcing the cancellation of classes. While investigations are ongoing, this incident highlights how academic institutions are becoming prime targets for hackers due to the large volumes of sensitive data they hold. This is a wake-up call for all organisations to step up their cybersecurity defences and protect against increasingly sophisticated threats.

Read more on RTE: SETU Waterford Cyberattack Coverage

 

4. Election Day Cyber Attacks: A Warning for Ireland

In the United States, a series of DDoS attacks targeted political and election-related websites on Election Day. While these attacks were mitigated, they serve as a reminder of the growing threat of cyber incidents worldwide.

Learn more here: Cloudflare Blog

Interested in how HLB can fortify your business against cyber threats? Explore our Cyber Security Solutions on our website.