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.
Fraud ‘increasing national security threat’ thanks to AI, Lord Mayor warns September 5, 2023 Fraud is increasingly a threat to “national security” as advances in artificial intelligence serve to boost the chances of scammers, the Lord Mayor has warned. Nicholas Lyons, Lord mayor of the City of London, told the International Symposium on Economic Crime in Cambridge that addressing economic crime “must be seen as a foundation for a [...]