Week Ending: December 7th - A Roundup in I.T. & Tech News

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The first weekly roundup for the festive month of December explores stories on a largescale data breach, why winter is phishing season and how consumers may say no to businesses that fail to keep their data safe.

100 million Quora passwords stolen

It’s estimated that around 100 million passwords of Quora users have been stolen after a malicious third party gained unauthorised access to the website this week.

Quora is a popular knowledge sharing platform which has amassed a huge amount of users - worrying when it was announced that names, email addresses and encrypted passwords may have been compromised.

The company has urged users to change their passwords as it believes direct messages sent between users may have been affected.

Quora chief executive, Adam D’Angelo said commented: "We are in the process of notifying users whose data has been compromised."

Winter is phishing season

Businesses and individuals should be more on their guard through the months of October, November and December a new report has revealed.

As these months see fraud incidents increase by more than 50 percent when compared to a yearly average. The report gives the advice of training employees – explaining that this is the best defence for businesses when it comes to tackling winter cybercriminals.

David Warburton, Senior EMEA Threat Research Evangelist, F5 Networks explained: “It is prime season for individuals giving up credentials or inadvertently installing malware. Businesses are wrapping up end-of-year activities, key staff are on vacation, and record numbers of online holiday shoppers are searching for the best deals, looking for last-minute credit or feeling generous when charities come calling.”

UK consumers will walk away from companies that fail to keep their data safe

A research report has found this week that seven out of 10 UK consumers would walk away from a company should they suffer a breach which jeopardises their personal data.

A survey, which asked 10,500 consumers for their comment, found that it was retailers that were most at risk globally. 62% of respondents were willing to stop dealing with them after a data breach. This was then followed by banks (59%) and social media sites (58%).

Is this just talk or are consumers around the world becoming more savvy and more unforgiving with their data? Read more on this via Computer Weekly.

Those were some of this week’s top stories but if you want more content, follow us across our four social media channels.