Retailers back on alert after new wave of cyber attacks Retail When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
British cybersecurity firm plots £11m Aim float as London IPOs stir Tech British cyber security firm Chaleit Holdings is set to float on London’s junior market next month, becoming the second company to unveil plans for a City listing on Wednesday as signs of life emerge from the capital’s battered IPO market. The Cambridge-based business expects to begin trading on Aim on 7 October with a market [...]
Why the Revolut impersonation hack should be a wake-up call for the city Opinion The fact that a company as established as Revolut fell victim to such an attack underlines the threats facing financial services firms, says Graeme Stewart Who am I really talking too? That’s the uncomfortable question that is on everyone’s lips following reports that Revolut has been hit with a $3m ransom demand after a sophisticated impersonation scam. Indeed, the [...]
UK’s AI watchdog flags new OpenAI and Anthropic cyber alarms August 5, 2026 Britain’s AI safety watchdog was forced to declare a security incident after frontier AI models, including Anthropic’s Mythos, went rogue during a routine test, autonomously spinning up fake identities in a bid to hack real-world software developers. The AI Safety Institute (AISI) revealed on Tuesday that during a cybersecurity evaluation in late, AI models unexpectedly [...]
Professional services firms the ‘flavour of the month’ for cyberattacks June 19, 2026 Professional services firms, particularly law firms, are the “current flavour of the month” for cyberattacks, driven by the valuable client information the sector guards. Speaking to City AM, Holly Waszak, head of cyber claims advocacy at Marsh, said: “We’re seeing insurers come to us with law firms on their books, and they are trying to [...]
How seriously should we take Anthropic founder’s ‘civilisational threat’ essay? January 29, 2026 “Humanity is about to be handed almost unimaginable power, and it’s deeply unclear whether we can handle it” – that’s the warning from one of the most powerful men in artificial intelligence – so, is he right? If you don’t have plans for the weekend you could do worse than to sit down and read [...]
Tech hiring set to spike despite dire UK job market December 22, 2025 The UK labour market may be flashing warning signs, but demand for IT and tech professionals seems to be moving in the opposite direction. Over half of British businesses plan to expand their permanent IT and tech teams in the first half of next year, according to new research from recruitment firm Robert Half, a [...]
UK cyber attacks will inevitably increase, HP boss warns November 24, 2025 It is inevitable that the number of cyber attacks faced by UK companies will increase in the coming years, the Northern European boss of technology giant HP has warned. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, Neil Sawyer added that businesses should “stay ahead of the game” in order to help [...]
How the Square Mile is taking the fight to the fraudsters November 19, 2025 Fraud has towered over our economy for too long and has reached the highest levels since first measured in the crime survey for England and Wales. This deceitful crime now represents 44 per cent of all offences or 4.1 million incidents, with more than £1 billion lost to fraud last year alone. Behind those numbers [...]
Cyber roles demand soars as UK firms scramble to plug skills gap November 13, 2025 Demand for cybersecurity training across UK businesses has surged following a wave of cyberattacks on major firms and public bodies, as employers scramble to strengthen defences ahead of new government rules. The rise in attacks, including one that crippled Jaguar Land Rover’s operations earlier this year, has coincided with a sharp rise in firms seeking [...]