Google, OpenAI and Anthropic back £100m UK AI biosecurity lab Tech Google Deepmind, OpenAI and Anthropic are backing a new £100m British AI biosecurity laboratory as the government unveils more than £600m in funding to tackle emerging technological threats. The lab will use AI to detect and monitor biological threats, bringing together some of the world’s largest AI developers as ministers seek to strengthen Britain’s defences. [...]
Healey vows AI will not ‘leave workers behind’ in £600m Budget package Tech John Healey has vowed not to let AI “leave workers behind” as he unveiled more than £600m in investment ahead of next week’s Budget, amid mounting concerns over AI-driven job losses. The Treasury will commit £10m a year to studying the impact of AI on employment, alongside hundreds of millions of pounds for cyber security, [...]
PHP cyber threat rocks internet as government and companies scramble to fend off attacks Tech A cyber threat identified by tech researchers has left government bodies and multinationals as large as Amazon scrambling to build defences and stop hundreds of hacking attacks. The UK government announced that dozens of services had gone offline as a precautionary measure to fend off cyber threats exposed by vulnerabilities in programming languages. The Office [...]
US cybersecurity startup bets $200m on London expansion October 20, 2026 A US cybersecurity startup valued at $3.5bn is opening a new London hub as part of a $200m expansion across Europe, the Middle East and Africa, creating 200 jobs as demand for cyber defences surges. Chainguard, backed by investors including Sequoia Capital, Lightspeed and General Catalyst, will establish its regional headquarters in Clerkenwell as it [...]
AI firms taking ‘catastrophically high’ risks, ex-OpenAI researcher warns MPs October 13, 2026 The world’s biggest AI companies are taking “catastrophically high” risks in their race to develop superintelligent systems, a former OpenAI researcher has warned MPs, as Parliament examines whether tech giants can be trusted to regulate themselves. Daniel Kokotajlo, who quit the ChatGPT maker over safety concerns, told the Business, Innovation, Science and Trade (BIST) Committee [...]
Asos hackers claim responsibility for Air France-KLM data breach October 12, 2026 The group behind the hack of fast-fashion retailer Asos have claimed responsibility for a data breach of airline group Air France-KLM, City AM can reveal. The individuals who claimed responsibility for the Asos data breach, who call themselves Xuanye Group, last week circulated data which they claimed was obtained from the airline group. Air France-KLM [...]
AI minister warns of ‘inevitable’ cyber attack on UK as he tells labs to ‘be honest’ October 12, 2026 Britain cannot rely on tech giants to police their own AI systems, the government has warned, as ministers prepare new measures to protect businesses and national security from increasingly powerful artificial intelligence. AI minister Kanishka Narayan warned that a major AI-powered cyber incident hitting the UK is “inevitable” as he called for a national effort [...]
How to prevent the next Asos? Give businesses cybersecurity tax relief October 9, 2026 With Asos just the latest to be the victim of a cyber hack, it's time for the UK to start incentivising businesses to up their security.
Goldman-linked EY breach highlights new era of undetectable data theft October 7, 2026 Sensitive corporate data can be stolen through everyday workplace software without setting off traditional cyber defences, Darktrace has warned, after a breach at the Big Four giant exposed information linked to Goldman Sachs and Man Group. Nathaniel Jones, senior vice president of global threat intelligence at Darktrace, told City AM attackers were increasingly able to [...]
Beazley expands cyber cover for AI malfunctions and regulatory risks September 24, 2026 FTSE 100 insurance giant Beazley has launched a new cyber line for businesses that insures against unintentional regulatory non-compliance and financial and reputational losses as a result of AI system malfunctions. Speaking to City AM, the speciality insurer’s head of cyber risks, Alessandro Lezzi, said the move comes as the firm sees “AI changing the threat [...]