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  • Teenager arrested after major TfL cyberattack

    September 12, 2024

    The NCA said a 17-year-old has been detained on suspicion of breaching the Computer Misuse Act in relation to the September attack.

  • Transport for London: Bank account details may have been stolen in cyberattack

    September 12, 2024

    TfL said personal data, including names, home addresses and possibly bank details were stolen as part of a major cyber attack earlier in September.

  • UK government says data centres are now Critical National Infrastructure

    September 12, 2024

    The UK government has officially designated data centres as Critical National Infrastructure (CNI), as it looks to further boost investment in the UK’s critical hubs of digital information. With this new status, data centres will receive extra government support to protect crucial data, including NHS records, financial information, and personal smartphone data against major incidents [...]

  • Venture capital trust season kicks off as Mobeus launches £90m share offer

    September 2, 2024

    The start of VCT season has arrived with a bang, as Gresham House-run Mobeus has launched £90m in share offers for two of its venture capital trusts. The two VCTs have total net assets of £343m and a combined portfolio of about 50 companies, ranging from early-stage companies with almost no revenue to later-stage, profitable [...]

  • Losses from in-store retail fraud rise 2,000 per cent in 2024

    August 5, 2024

    Reports of in-store retail fraud rose by 545 per cent in the first six months of 2024 compared to 2023, while losses rose an estimated 2,000 per cent, according to new data. Figures from the NFIB Fraud and Cyber Crime Dashboard showed that in-store losses widened from £258,000 in 2023 to £5.4m in 2024. The [...]

  • Veterinary group CVS gears up for Australia expansion

    July 25, 2024

    Veterinary group CVS announced 10 per cent revenue growth but weaker sales amid soft demand and the effect of a cyber security attack, while it separately announced a shift in strategy to focus on growth in Australia. Like-for-like sales only increased by 2.9 per cent year on year at the London-listed company, after a rise [...]

  • More flight cancellations and delays expected in wake of global IT outage

    July 20, 2024

    A flawed update rolled out by cybersecurity firm CrowdStrike knocked many offline around the world on Friday, causing flight and train cancellations and crippling some healthcare systems.

  • A ‘blue screen of death loop’: How a Crowdstrike update crashed Microsoft systems around the world

    July 19, 2024

    Crowdstrike's flagship product, reported to be the cause of the tech crash today, acts like an antivirus, using artificial intelligence and machine learning to detect and prevent threats.

  • Paris 2024: France, elections, Olympics and a hostile mood

    July 18, 2024

    When the International Olympic Committee awarded the 2024 Summer Olympic Games to Paris in 2017 there was a huge sense of anticipation and pride across France. Fast forward to today and the mood appears to be very different.  In the lead up to major sporting events there is always a degree of trepidation around operational [...]

  • HS2 investigating possible misconduct tied to ‘serious’ data breach

    July 18, 2024

    HS2 has launched a formal investigation into allegations of gross misconduct tied to a "serious" data breach earlier in the year, City A.M. understands.

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