Essentially, a denial of service attack occurs when a website is intentionally bombarded with users and as a result crumbles under the weight of internet traffic.
A hack attack is an attempt to get inside the security barrier or firewall of a website to either bring down the site or obtain sensitive information such as personal banking details.
At the weekend two Welsh were arrested and released on bail for an alleged £3m credit card fraud following and investigation by the FBI.
Now the DTI intends to get tough with projects such as the Management of Information programme, which will allow IT and communications companies form partnerships with academics with the aim of developing systems to control fraud and improve security and privacy.
Small business and e-commerce minister Patricia Hewitt said: ‘We have recently seen to devastating effect how hackers can penetrate and disrupt service offered on the internet. These projects will help combat these internet criminals.’
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union