SUMMARY:
The stress test is designed to see how the City and Wall Street interact in an emergency caused by hackers, or a major problem with IT systems. According to the Government's cyber security body, CERT-UK, an exact scenario for the exercise is yet to be determined.
FACTS:
- TalkTalk fell victim to a "significant and sustained" attack which saw about 1.2 million customer email addresses, names and phone numbers accessed
- Along with about 21,000 unique bank account numbers and sort codes.
- Meanwhile, over in the States, a massive data breach exposed the sensitive personal data of 15 million T-Mobile US customers.
OPINION:
Guardian and Observer publisher reduces losses as digital revenues rise
SUMMARY:
The publisher of the Guardian and the Observer has reported a small reduction in losses for the financial year ending 29 March to £19.1m. A 20% increase in digital revenues at Guardian News & Media from £68.3m to £82.1m drove revenues up 3% to £214.6m, helping bring losses before interest, deprecation and amortisation down from £19.4m in the previous year.
FACTS:
- Investments at group level meant operating losses across GNM parent Guardian Media Group increased from £40.6m to £45.3m
- Those were, however, offset by an increase in profits from its 33.1% stake in publishing company Top Right Group from £16.8m to £22m.
OPINION:
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