‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Government must improve its cybersecurity, warns UK watchdog January 29, 2025 The government must fix its significant deficiencies as the cyber threat landscape outpaces its current defensive strategies, UK watchdog has warned. According to Wednesday’s report by the National Audit Office (NAO), the UK has a huge shortage of skilled cyber security professionals within its government departments. Gareth Davies, head of NAO, said: “The risk of [...]
Smiths Group: Shares fall as engineering giant hit by cyber attack January 28, 2025 Global engineering firm Smiths Group has reported a cyber security incident involving unauthorised access to its systems. Upon detecting the breach, the firm promptly isolated the affected systems and activated its business continuity plans to mitigate disruptions. The company, known for its baggage screening equipment and explosive detectors, is collaborating with cyber-security experts to restore [...]
‘Consent or pay’ cookie models allowed across UK websites January 23, 2025 The use of “consent or pay” cookie models is now acceptable for UK websites, as long as data protection laws are met, says information watchdog. The Information Commissioner’s Office (ICO) has announced that the UK’s top 1,000 websites will be brought into compliance over cookie policies. Under this, it has produced guidance on using ‘consent [...]
Financial sector splashes out for cyber resilience January 16, 2025 Costs to UK businesses and employees rise as the financial sector prepares for the launch of the Digital Operations Resilience Act (DORA), which comes into effect on Friday. The regulation was designed to increase the financial system’s resilience to cyber threats by introducing requirements for ICT risk management, operational testing and contingency planning. Nearly half [...]
Cyber incidents are the Achilles heel for major UK CEOs, report finds October 1, 2024 Most UK CEOs experienced some sort of crisis that has hindered businesses, as cyber security incidents and social issues are becoming a headache
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.
NCC upgrades forecasts as cyber business grows September 12, 2024 British tech firm NCC said it will report a better than expected quarterly trading performance after a strong performance from its core cybersecurity business. In the four months ending 30 September, NCC forecast overall revenue to be around £100m with adjusted operating profit of about £3.5m, compared to £1m and an adjusted operating loss in [...]
London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’ July 17, 2024 CultureAI's latest capital injection follows seed rounds of $4m (£3.1m) in 2021 and $5m (£3.8m) in 2023.
Ticketmaster cyber attack confirmed by parent company June 1, 2024 The ShinyHunters hacking group is reportedly demanding around £400,000 in a ransom payment to prevent the data being sold.
Insurer Howden launches cyber platform to tackle coverage gaps in SME market May 21, 2024 Howden has revealed it has launched a cyber insurance platform for SME as majority of this sector lacks this type of coverage