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cybercrime

  • These tech companies have breached the most data rules this year

    December 3, 2023

    Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.

  • Five online scams to watch out for ahead of Cyber Monday

    November 25, 2023

    City A.M spoke to Oz Alashe MBE, cybersecurity expert and CEO of CybSafe, who gave his top tips on how to stay safe from online scams.

  • Will the Economic Crime Act tackle the UK’s £350bn fraud issue?

    October 26, 2023

    The government's legislation designed to tackle economic crime received royal assent today after months of back and forth between the House of Commons and the House of Lords.

  • Rishi Sunak: UK shouldn’t ‘rush to regulate’ AI despite dossier of dangers

    October 26, 2023

    Rishi Sunak has said the UK “shouldn’t be in a rush to regulate” the development of artificial intelligence (AI) despite a dossier of potential dangers laid out by the government. The Prime Minister made a speech on the risks and rewards of the new technology at the Royal Society this morning ahead of the UK’s [...]

  • No10: We can’t rule out AI posing ‘existential threat’ to humanity

    October 25, 2023

    No10 says it is unable to rule out artificial intelligence (AI) posing an “existential threat” to humanity.

  • Brits lose ‘staggering’ £580m to fraud in six months as banks urge Big Tech to do more

    October 25, 2023

    After Fraudsters took £580m from Britons in 2023, the banking trade association UK Finance called the issue a "national security threat".

  • Lloyd’s of London warns major cyber attack on payments could cost world $3.5 trillion

    October 18, 2023

    A major cyber attack on a financial services payments system could cost trillions, Lloyd's has found, as demand for cyber insurance booms.

  • Cyber attack hits electronics firm Volex

    October 9, 2023

    A cyber attack has hit electronic manufacturer Volex, opening the door to unauthorised access to some of its IT systems.

  • Top cyber firm opens headquarters in City to ‘safeguard’ digital UK

    October 3, 2023

    Global cybersecurity company Palo Alto Networks has unveiled its new headquarters at the centre of London’s financial district. The American firm is opening a new office in 22 Bishopsgate, the City’s second highest building after the Shard, to create nearly 500 new jobs and “safeguard the UK’s digital future”. The rapid widespread adoption of new [...]

  • Darktrace lowers earnings forecast as sales commission changes

    September 6, 2023

    "The macro-economic backdrop has been a headwind for many businesses over the past year, and we have not been immune from its impact," said chief executive Poppy Gustafsson.

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