Smiths Group: Shares fall as engineering giant hit by cyber attack Tech Global engineering firm Smiths Group has reported a cyber security incident involving unauthorised access to its systems. Upon detecting the breach, the firm promptly isolated the affected systems and activated its business continuity plans to mitigate disruptions. The company, known for its baggage screening equipment and explosive detectors, is collaborating with cyber-security experts to restore [...]
Financial sector splashes out for cyber resilience Tech Costs to UK businesses and employees rise as the financial sector prepares for the launch of the Digital Operations Resilience Act (DORA), which comes into effect on Friday. The regulation was designed to increase the financial system’s resilience to cyber threats by introducing requirements for ICT risk management, operational testing and contingency planning. Nearly half [...]