Iranian hackers behind UK energy plant attack Energy An attack on an energy facility which was shut down for four days last month was carried out by hackers linked to the Iranian regime. The cyberattack, which is believed to be the first time Iranian-affiliated hackers have successfully infiltrated a UK energy facility, shutting it down. A government spokesperson for the Department for Energy [...]
Champions Cup rugby team hacked in ransom attack with player data at risk Sport Business Champions Cup rugby club Stade Francais has said it is the victim of a cyber attack, with reports stating players’ identity documents are being held to ransom. Cybercriminals have reportedly threatened to release documents relating to players, having already unveiled a number of identifiable documents belonging to 18 players. “Immediate containment, investigation and recovery measures [...]
UK government probes OpenAI breach after ‘unprecedented’ hack Tech The UK government is probing the first known case of an artificial intelligence model breaking out of a controlled test by itself and hacking another company’s systems. Officials at the government-backed AI Security Institute (AISI) are investigating the security breach at OpenAI and whether similar incidents could occur at other top developers, a spokesperson told [...]
London-listed healthcare services firm hit by cyberattack July 20, 2026 Shares in Craneware tumbled in early trading on Monday as the healthcare services firm revealed it had been hit by a cyberattack. The AIM-listed business said the incident involved “unauthorised access to a subset of its data environment”. Early investigations suggest “a significant volume of file names were viewed and exfiltrated”. Employee data as well [...]
M&S chief’s pay slashed by £3m after cyberattack turmoil June 1, 2026 The boss of Marks & Spencer has seen his pay slashed by more than 40 per cent after a crippling cyberattack forced the supermarket to scrap its bonus policy across the business. Stuart Machin received £3.97m in the 12 months to April, according to the company’s annual report, down sharply from the £7m he was [...]
Bank of England’s Breeden: Digital gilt will bring down borrowing costs May 20, 2026 The Bank of England’s plans to help launch a digital gilt will make Britain’s sovereign debt more appealing to a wider pool of investors and help bring down government borrowing costs, its deputy governor has said. Speaking to City AM at the City Week conference, Sarah Breeden hailed the central bank’s efforts to help the [...]
Cyberattacks hit UK businesses with £3.7bn in legal costs last year May 18, 2026 Large UK businesses were forced to fork out £3.7bn to defend legal action brought by shareholders last year over cyberattacks, according to new research from insurance giant Gallagher and the Centre for Economics and Business Research (CEBR). Cyberattacks cost firms with over 250 employees an estimated £11.7bn in total, with litigation being the second largest [...]
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 [...]
Labour tightens cyber rules after JLR and M&S breaches November 12, 2025 The government has introduced its long-awaited cyber security and resilience bill to parliament, promising to toughen the UK’s defences against the growing wave of cyberattacks on businesses and public services. Ministers say the new legislation represents a ‘step change’ in national security, with the aim of protecting vital services such as energy, water and healthcare [...]
British businesses lead the world in risk management October 28, 2025 UK businesses lead global peers in risk oversight, with nearly eight in ten British businesses reporting that boards are directly involved, a figure significantly higher than global peers. According to Aon’s new ‘global risk management survey’, senior leadership in the UK is taking on greater responsibility for the risks their businesses face, as three-quarters of [...]