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Are Strikes Bad for the UK Economy? Go Figure

Comment on this story Comment Feb. 1 is shaping up to be the worst single day for the rolling strikes that began in June and have become a regular feature of this British winter. With teachers, civil servants and train staff set to protest at the same time, the action ought to …

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Royal Mail outage: CEO confirms cyberattack

“We’ve confirmed that we’ve had a cyberattack,” Thompson told lawmakers in a hearing with the Business, Energy and Industrial Strategy (BEIS) committee on Tuesday. Royal Mail has seen no evidence of a data breach so far, but has notified the UK Information Commissioner’s Office (ICO), which oversees data privacy. The …

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Paypal suffers major data breach

Nearly 35,000 Paypal users are being contacted after the company suffered a major data breach. Unlike the recent high-profile ransomware attacks on organizations like The Guardian newspaper and the UK’s Royal Mail, the Paypal attack was significantly more mechanistic in nature. It appears to have been an automated attack, with …

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