A number of financial institutions all over the world have taken steps to strengthen their own security systems after infrastructure following the global cyber-attack which affected a number of organizations worldwide.
Thousands of institutions around the world were subject to a series of "WannaCry" ransom attacks over the weekend (starting Friday, May 12), causing data to be encrypted with a claim for payment. The virus was a malicious program that affects smartphones and computers, encrypts and locks their data so that it cannot be accessed until payment is made.
In order to help tackle the serious threats posed to network security, ETSI, officially recognized by the European Union as a European Standards Organization, will stage a comprehensive week-long event devoted to this increasingly crucial subject.
Dutch politicians are set to enter discussions in relation to a new bill which would enable police to have greater power in their attempts to crackdown on Cybercrime in the country. Senators will meet later this week to discuss plans to implement the proposed bill named 'Computer Crime III' into its legislation as a new law.
A recent survey conducted on the topic of 'smart cities' in the UK - has unearthed some surprising results. Over 67% of those surveyed felt that the implementation of 'smart cities' was a bad use of public finances - and also expressed concerns over the privacy implications of 'smart cities'.
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