Crypto fraud surges after Donald Trump’s re-election Crypto Crypto platforms have been warned the industry is at a “critical juncture” after a Sumsub report showed a spike in fraud cases. The verification platform’s State of the Crypto Industry 2025 said fraud cases were up 48 per cent, with document forgery making up 31 per cent of detected cases in the last year. Following [...]
Public sector pay gap threatens UK cyber resilience Tech The UK’s national security is at risk due to a growing pay gap between public and private sector cyber roles, making it harder for the government to attract and retain top talent. A recent study by Naoris Protocol found that salaries for key cyber security positions in the private sector can be nearly double those [...]
Darktrace in first acquisition since takeover as cloud security threats rise Tech Darktrace has announced its first acquisition since its recent takeover by Thoma Bravo in October, as it focuses on bolstering cloud security amid rising threats to cloud based operations. The acquisition of the UK-based cyber provider Cado security comes as businesses are increasingly shifting operations to cloud-based systems, creating an urgent need for advanced cloud [...]
Government-backed cyber security has a long way to go, warns Arctic Wolf November 1, 2024 The boss of Arctic Wolf, one of the world’s biggest cybersecurity companies, has warned that governments need to invest in cybersecurity. Nick Schneider spoke to CityAM ahead of the Labour government’s first Budget earlier this week. Acknowledging the rise in demand for the sector, he argued: “Whilst it is encouraging that most governing bodies are [...]
Ten London train stations hit by ‘Islamophobic’ cyber attack on Network Rail September 26, 2024 Nineteen stations across the UK have been affected by the cyber attack on Network Rail, with only London St Pancras not impacted.
Veterinary group CVS gears up for Australia expansion July 25, 2024 Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in strategy to focus on growth in Australia. Like-for-like sales only increased by 2.9 per cent year on year at the London-listed company, after a rise [...]
A ‘blue screen of death loop’: How a Crowdstrike update crashed Microsoft systems around the world July 19, 2024 Crowdstrike's flagship product, reported to be the cause of the tech crash today, acts like an antivirus, using artificial intelligence and machine learning to detect and prevent threats.
Former cyber security boss ‘believes a Russian group’ is behind the NHS ‘major IT incident’ June 5, 2024 Asked on BBC Radio 4’s Today programme if it is known who attacked Synnovis, Ciaran Martin said: “Yes. We believe it is a Russian group of cyber criminals who call themselves Qilin.