#nationalcybersecuritymonth | Why Cyber risk is the number one business risk in 2020

#nationalcybersecuritymonth | Why Cyber risk is the number one business risk in 2020

In January the Information Commissioner’s Office (ICO) fined DSG Retail Limited (DSG) £500,000 after a ‘point of sale’ computer system was compromised as a result of a cyber-attack, affecting at least 14 million people.


An ICO investigation found that an attacker installed malware on 5,390 tills at DSG’s Currys PC World and Dixons Travel stores between July 2017 and April 2018, collecting personal data during the nine-month period before the attack was detected.


The company’s failure to secure the system allowed unauthorised access to 5.6 million payment card details used in transactions and the personal information of approximately 14 million people, including full names, postcodes, email addresses and failed credit checks from internal servers.


Because the data breach occurred before the General Data Protection Regulation (GDPR) came into effect, DSG were found to have breached the earlier Data Protection Act 1998.


The ICO cited poor security arrangements and a failure to take adequate steps to protect personal data. This included vulnerabilities such as inadequate software patching, absence of a local firewall, and lack of network segregation and routine security testing.


The ICO said that the contraventions in this case were so serious that they imposed the maximum penalty under the previous law, but the fine would inevitably have been much higher under the GDPR.


The ICO considered that the personal data involved would significantly affect individuals’ privacy, leaving affected customers vulnerable to financial theft and identity fraud. The ICO received 158 complaints between June 2018 and November 2018 from DSG’s customers. As of March 2019, the company reported that nearly 3,300 customers had contacted them directly in relation to this data breach.


The ICO stressed that while cyber-attacks are becoming more frequent, organisations still have responsibilities under the law to take serious security steps to protect syst ..

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