Confidence in financial services could be undermined
The Financial Services Authority has issued a warning to Island businesses, following figures last week suggesting 'cyber attacks' are on the rise.
A guidance document claims tech-based crime is becoming ever more prevalent, sophisticated and costly - and that successful attacks can 'undermine confidence in the Island's financial services sector as a whole'.
The report outlines the various types of cyber attack that are used to target companies: from data theft and 'phishing' scams to advanced malicious software and hacking.
It also contains examples of real-life attacks that have cost local companies millions of pounds in recent years.
Among the top tips issued are having an effective cyber attack contingency and recovery policy; backing up valuable data; keeping anti-virus software up-to-date; and conducting regular security tests.
There's also a word of advice that employees, contractors and service providers can be a 'significant source of cyber incidents' - so keeping a close watch is essential.
Skills Strategy hopes to tackle 'significant' skills shortage
Loganair to remove Saturday service to Birmingham
Trial for Douglas man who denies keying car
Southern Pool board welcomes assurances over site's future
Looneys of Ramsey to close
Future of Belfast flights 'precarious' due to low passenger numbers
