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409 Search results for cyber incidents

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  • ‘Extremely dangerous’: AI warfare much bigger threat than LLM model advances, experts warn

    AI

    The growing use of AI in warfare poses a much bigger threat to the future of the UK than the latest advances in frontier AI models, experts have told City AM. Nicholas Fairfax and Max Rangeley, co-editors of The Artificial Intelligence Revolution, said the ability of small actors to use AI to develop immensely powerful [...]

    Swarm of AI-powered drones flying over a city skyline, symbolizing modern warfare and autonomous technology.
  • UK government probes OpenAI breach after ‘unprecedented’ hack

    Tech

    The UK government is probing the first known case of an artificial intelligence model breaking out of a controlled test by itself and hacking another company’s systems. Officials at the government-backed AI Security Institute (AISI) are investigating the security breach at OpenAI and whether similar incidents could occur at other top developers, a spokesperson told [...]

    Sam Altman discussing OpenAIs ChatGPT advancements at a press conference, emphasizing AI innovation and future developments
  • London-listed healthcare services firm hit by cyberattack

    Markets

    Shares in Craneware tumbled in early trading on Monday as the healthcare services firm revealed it had been hit by a cyberattack. The AIM-listed business said the incident involved “unauthorised access to a subset of its data environment”. Early investigations suggest “a significant volume of file names were viewed and exfiltrated”. Employee data as well [...]

    Assura has been the subject of a ferocious bidding war for nearly six months
  • M&S chair: Tax and employment costs holding back Britain

    July 7, 2026

    Rising taxes and employment costs are holding businesses back from investing in Britain and helping it “prosper,” an M&S boss has said.  Archie Norman, chairman of the retail giant and former chief executive of Asda, told shareholders on Tuesday that these “big regulatory headwinds” are “not making it easier to invest and prosper in Britain”. [...]

  • M&S to face shareholder grilling over cyber attack recovery

    July 6, 2026

    Marks and Spencer is set to take a grilling from shareholders over whether it has made a meaningful recovery from the cyber attack which wiped out nearly a third of its profit. The FTSE 100 retailer will face investors at its annual general meeting on Tuesday, where it will expect to be quizzed on whether [...]

  • Professional services firms the ‘flavour of the month’ for cyberattacks

    June 19, 2026

    Professional services firms, particularly law firms, are the “current flavour of the month” for cyberattacks, driven by the valuable client information the sector guards. Speaking to City AM, Holly Waszak, head of cyber claims advocacy at Marsh, said: “We’re seeing insurers come to us with law firms on their books, and they are trying to [...]

  • Gambit Cyber Launches Vizier AI – An Autonomous Security Intelligence Workspace for Continuous Exposure Management

    June 3, 2026

    Next-Generation Agentic Security Workflow Automation Platform Transforms How Security Teams Detect, Respond, and Manage Cyber Risk at Scale

  • The Debate: Should CEOs be held personally accountable for cyberattacks?

    June 3, 2026

    Is bad management to blame for cyberattacks? And even if not, should bosses be held accountable? We hear the case for both sides.

  • M&S chief’s pay slashed by £3m after cyberattack turmoil

    June 1, 2026

    The boss of Marks & Spencer has seen his pay slashed by more than 40 per cent after a crippling cyberattack forced the supermarket to scrap its bonus policy across the business. Stuart Machin received £3.97m in the 12 months to April, according to the company’s annual report, down sharply from the £7m he was [...]

  • ‘We cannot regulate cyber threats away,’ top lawyer warns

    May 21, 2026

    British businesses are facing a growing compliance burden as governments race to respond to rising threats and the rapid spread of AI, but regulation alone may not solve the problem. “We cannot regulate cyber threats away”, partner and head of data and cyber at international law firm RPC Cavan Fabris told City AM. “There’s a [...]

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