‘Act now’: AI models capable of attacks on governments months away, Five Eyes warn Tech Powerful AI models capable of devastating cyber attacks on both governments and businesses are just months away, intelligence agencies for the coveted Five Eyes has warned in a rare joint statement. The cyber security agencies from Australia, the US, UK, New Zealand and Canada, urged leaders to “act now” in a rare public intervention after [...]
Iran and Russia to target Fifa World Cup, threat experts say Sport Business Russia and Iran rogue actors will target the Fifa World Cup as part of an ongoing anti-US position, according to global threat intelligence experts. This year’s World Cup – taking place across the United States, Canada and Mexico – is likely to be subject to a number of acts of cyber terrorism, while the use [...]
Cyberattacks hit UK businesses with £3.7bn in legal costs last year Business 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 [...]
Fifa World Cup under major threat of cyber terrorism May 18, 2026 The 2026 Fifa World Cup could be the victim of the largest volume of cyber terrorism and hacktivism events in sporting history. The sheer scale of next month’s tournament – which is being hosted across Canada, the United States and Mexico – could play into the hands of rogue states and groups looking to cause [...]
Financial scams soar as crooks snatch phones and manipulate vulnerable victims April 15, 2026 UK banks saw a staggering rise in financial scams last year, as growing public awareness was offset by criminals pivoting towards victim manipulation to get their hands on sensitive information. Banks reported a 62 per cent rise in social engineering scams, in which attackers manipulate victims into authorising payments themselves, as they turned away from [...]
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 hackers know the weakest spot to target: unhappy employees October 8, 2025 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 October 5, 2025 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 September 28, 2025 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.