TalkTalk: The twists and turns of the cyber crisis continue

iStock_000006935624_LargeThe story of the TalkTalk cyber crisis and the company’s response continues to unfold as we saw inevitable outrage over the week-end with stories galore of customers with “potentially hacked bank accounts” raising a whole new raft of rumours, heating the debate and breeding more noise about what might have happened and just how great the impacts may be.

The story was moved by the CEO (quite cleverly) to the broader focus of “cyber risk is a wider problem the UK needs to face up to and address” with calls for more Government support to tackle cyber crime.  A fair appeal and one raised by me in my earlier blog – regulation and control or assurance in this domain is very much required –  even though challenging to apply in a reasonable manner. Continue reading