Cyber hackers know the weakest spot to target: unhappy employees Opinion Loyalty has become the frontline of cyber defence. A disaffected employee is more dangerous than the most sophisticated malware.
Jaguar Land Rover to bailout suppliers after state ‘rescue’ stalls Business Jaguar Land Rover is finalising a deal to lend its suppliers millions of pounds as the tax-payer backed rescue of the carmaker hit a wall. Bosses are putting the final touches to a sweeping lifeline that would see up to £500m be injected into its supply chain, which is at a standstill. The privately funded [...]
Government guarantees Jaguar Land Rover £1.5bn loan Business The UK government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as cyber-attacks continue to halt production. Business Secretary, Peter Kyle said the loan, from a commercial bank, would project jobs across the UK, in particular in the West Midlands and Merseyside. The manufacturer has [...]
Fraud is the UK’s biggest economic threat July 7, 2025 Of all the economic threats we must confront, none is so widespread as fraud, which is why the City of London is taking action.
NCC Group pivots on cyber security amid rising demand June 19, 2025 FTSE 250 tech firm NCC Group said it was changing the strategic direction of its cyber security division after revenue took a hit in the first half of the financial year. NCC’s revenue from cyber security tumbled nearly eight per cent to £123.5m for the first half of the year, down from £133.9m for the [...]
UK unveils cyber security war chest after M&S and Co-op attacks June 18, 2025 The UK government has launched a £16m war chest with the aim to accelerate growth in the country’s cyber security industry in the wake of high-profile attacks against the likes of M&S, the Co-op and Harrods in recent months. Unveiling the funding, the Department of Science, Innovation and Technology (DSIT) said the cyber growth action [...]
Bank of England loses hundreds of laptops amid rising cyber threats June 13, 2025 The Bank of England has come under fire after losing hundreds of tech devices worth nearly £300,000. Figures seen by City AM reveal the Bank of England lost or had stolen over 300 laptops, tablets and phones between May 2022 and March 2025. Patrick Sullivan, chief executive of think tank Parliament Street, said: “The Bank [...]
Mastercard: Fraud attempts jump as retailers feel cyber attack sting June 3, 2025 The head of artificial intelligence at Mastercard said the payment giant had seen a surge in fraud attempts, which follows a string of cyber attacks on major retailers. Greg Ulrich, chief data and AI officer at Mastercard, told City AM the payments network is “attacked perpetually” by fraudsters. The payments network recorded a 40 per [...]
A third of UK fintechs put customers data at risk of cyber attack May 29, 2025 UK fintechs are putting thousands of customers in jeopardy by leaving themselves vulnerable to a cyber attack, shocking new research reveals. Nearly 800 firms’ digital presence was analysed by the ethical hacking platform Ethiack as it scrutinised their cybersecurity. Four in ten fintechs were found to be giving hackers a “powerful headstart” by revealing software [...]
M&S: FTSE 100 shares rise after major cyber attack update May 13, 2025 Marks and Spencer’s (M&S) share price has risen as investors breathed a sigh of relief that hackers haven’t accessed ring-fenced bank details, although the cyber attack remains ongoing. The FTSE 100 retail giant told markets this morning that some customer data was stolen during the attack, but that the data does not include useable payment [...]