AI risks creating a cyber crunch for the UK’s national infrastructure May 14, 2025 The UK’s cyber watchdog has warned that artificial intelligence (AI) could significantly increase the country’s exposure to cyber attacks, especially those across its critical infrastructure, unless urgent steps are taken. In a recent report, the National Cyber Security Centre (NCSC) argued that AI is already transforming the threat landscape, and that by 2027, it could [...]
Bytes Technology warns on increased cyber risk as profit jumps May 13, 2025 Bytes Technology has warned of the increased risk of cyber threats as the Leatherhead-based business reported a jump in profit. The software supplier has upped the risk level of potential cyber threats to “increase” on its list of emerging risks, adding that it made the move “because of evolving and elevated global risk to IT [...]
M&S admits hackers stole personal customer data in cyber attack May 13, 2025 M&S has told customers that some of their personal data was stolen during the serious cyber attack the company has been battling for three weeks. The retail giant said that the data does not include useable payment or card details, nor does it include account passwords. It said there is no need for customers to [...]
M&S, Co-op and Harrods attacks drive demand for cyber insurance May 12, 2025 Experts say recent cyber attacks on retail giants M&S, Co-op, and Harrods will prompt insurers to ask more questions about the security controls retailers have in place
M&S will ‘need to go on a charm offensive’ to win customers back May 8, 2025 Analysts have warned that Marks and Spencer (M&S) faces an uphill battle to win back customers when it has dealt with its ongoing cyber attack. The high street darling told markets it had suffered a “cyber incident” at the end of April. Around £1bn has been wiped off its market value since 1 April, and [...]
Why M&S, Harrods and the Co-op were hit by cyber attacks May 8, 2025 Cyber security experts have warned that retail’s lack of investment in IT protection, as well as the amount of consumer data it has access to, has put a bullseye on the sector. The warnings follow a trio of serious attacks at major UK households names – Harrods, Marks and Spencer (M&S) and the Co-op. “Retailers [...]
Mark Kleinman: This is not just any retail cyber attack… May 8, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column This is not just any retail cyber attack… It’s hardly an exclusive club these days: a big listed company is the victim of a major cyber attack, compromising its systems and ability to continue serving customers. [...]
M&S, Harrods and Co-op attacks expose UK’s growing cybersecurity risks May 7, 2025 A recent spate of cyber attacks on UK retail giants, including M&S, Harrods and Co-op, have exposed growing concerns over cybersecurity readiness at British businesses. According to Cisco’s latest Index, released Wednesday, only four per cent of UK firms are fully prepared to defend against today’s complex cyber threats. The report found, too, that 83 per cent [...]
The Debate: Does the UK need tougher cybersecurity laws? May 7, 2025 In the wake of a wave of major cyber attacks, is it time for the UK to get tougher on cybersecurity? We get two experts to hash it out.
Next set to reveal profit increases amidst tariff uncertainty May 3, 2025 Next is expected to post rising profits next week despite a string of costs increases hitting retailers and broader concerns about UK consumer confidence. The retail giant will reveal its first quarter results on May 8, hot on the heels of profits of more than £1bn last year. Next, which has more than 450 stores [...]