Why the Winter Olympics is an opportunity for cybercriminals February 1, 2022 Only domestic spectators will be able to attend the Winter Olympics when it begins this week, meaning there is likely to be significant global interest in the streamed productions – and therefore opportunity for cybercriminals. These cybercriminals look to take advantage by harvesting credentials from illegitimate websites, attempting to compromise devices via email campaigns, or [...]
UK is losing fight against fraud as anti-corruption watchdogs are “under-resourced” January 24, 2022 An anti-corruption think-tank has warned the UK is losing the fight against financial crime, as a lack of funding has left the country’s law enforcement agencies “over-stretched” and “under-resourced.” In a report, the think-tank called on the government to reinvest money recuperated from criminals into the government agencies fighting corruption and financial crime, as it [...]
Cyberattacks on the rise as skills shortage sees law firms made easy target January 20, 2022 Law firms, accountants, and consultancies are becoming an easy target for cyberattacks, as they lack the IT skills to protect themselves. Almost two-thirds (65 per cent) of IT experts working in professional services companies said they believe their firms are facing a shortage of cybersecurity skills, according to a report from cybersecurity company Keeper. In [...]
UK loses £2.5bn in fraud and cyber-crime cases during 2021 January 20, 2022 UK residents and businesses have seen financial losses of £2.5bn from fraud and cyber-crime over the course of the past year, a new study reveals.
New laws proposed to strengthen UK’s fight against cyber crime January 19, 2022 New laws are needed to drive up security standards in outsourced IT services used by almost all UK businesses, the government has said this afternoon.
Cybersecurity firm Pentera raises £110m as it gears up for US float January 11, 2022 Israeli cybersecurity firm Pentera has raised $150m (£110m) in its latest funding round, taking the company's value to $1bn (£736m), as it eyes up flotation.
Permira takes Mimecast private in £4.4bn all-cash deal December 7, 2021 Shares in Mimecast jumped more than 6 per cent in pre-market trading on the news that the British cybersecurity firm is being targeted by private equity firm Permira in a take-private deal valued at $5.8bn (£4.4bn). In the latest deal in what has been a very busy year for private equity interest in the tech [...]
Darktrace begins a share buyback of up to 4m shares in quest to boost shareholder value December 6, 2021 Former tech darling Darktrace announced this morning that it will commence a share buyback programme of up to four million of its ordinary shares to be completed on or before 31 December 2022.
Cyber law protecting personal tech from hackers introduced to parliament November 24, 2021 The Department of Digital, Culture, Media & Sport (DCMS) introduced a new cyber law to protect people’s personal tech from hackers to parliament today.
Darktrace says its ‘uniquely positioned’ to lead the way in cyber tech despite ongoing controversy November 24, 2021 Darktrace, tech cyber security darling, announced at its Annual General Meeting this morning that the company was "uniquely positioned to lead new phase in cyber security".