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Isle of Man Takes Initiatives Towards IoT Security

Shifting from tax haven to bitcoin trading hub, the blockchain might push the Isle toward IoT innovation as the island launches a pilot project with startup Credits. UK-based blockchain startup Credits and the government of the Isle of Man are launching an IoT security trial across the island, the two announced Monday, and it could […]

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Isle of Man launches IT campus to share tech skills

The Isle of Man is also home to a fast-growing blockchain cluster, as well as almost 200 e-businesses. It has now opened an IT and Education Campus to teach tech skills to the island’s adults with technology skills. The joint campus has been developed by the University College Isle of Man and the International Centre for […]

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‘State-Sponsored’ Hackers Compromise Irish Power Grid

The cyber security of the Irish electricity transmission system operator EirGrid was targeted by “state sponsored” hackers leaving its network exposed to a “devious attack”, according to Independent.ie. The report, issued Monday in Ireland, says that the telecommunications company Vodafone discovered last month that hackers had compromised its systems two months ago. The attackers then installed […]

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Guernsey: IBM and Northern Trust Pioneer Use Of Blockchain For Private Equity

IBM and financial services firm Northern Trust have launched the “first commercial deployment” of blockchain for the private equity market. Northern Trust and IBM built a security-rich blockchain, or distributed ledger solution, based on the Hyperledger Fabric. It is available for use for managing the administration of a private equity fund managed by Unigestion, a […]

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UK Companie Could Face Heavy Fines Over Cyber Security Failures

Organisations and companies in the UK could face fines of up to 17 million pounds, which could also be seen as 4% of their Global turnover, if they purposefully ignore to take the necessary measures that are required to enhance cyber security, leaving the country services such as transport health and electricity at risk. These […]

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