Royal Mail’s export service hit with major cyber incident and is experiencing ‘severe disruption’ January 11, 2023 Royal Mail is experiencing “severe service disruption” to its international export services following a cyber incident, the company has announced. A statement said it was temporarily unable to despatch export items including letters and parcels to overseas destinations. Royal Mail said: “We have asked customers temporarily to stop submitting any export items into the network while we work hard [...]
As we modernise education, we can’t allow hackers to target our kids’ future January 11, 2023 Schools operate in a world where parents don't sign physical sick letters or have mailed report cards, but if this digital system is held to ransom, students' grades and even university entry could be at risk, writes Rosie Beacon.
As cyber risk intensifies, insurers must offer a better market to companies in need of protection December 26, 2022 From rising inflation to Russia’s invasion of Ukraine, this year has yet again demonstrated the domino effect that occurs following a crisis, and the impact this has on businesses. There are many lessons to be learned as we move into the new year. If we take the war in Ukraine, the geopolitical crisis triggered sanctions [...]
Why banks must get better at managing the risky business of cloud computing December 13, 2022 Cloud computing represents the future of financial sector IT. Its services helped many organisations through the pandemic, supporting mass working and empowering them to reach locked-down customers digitally. But migrating data and systems to third-party datacentres also increases risk, as the Bank of England noted last year. The challenge for IT bosses in the sector [...]
As cyber-threats mount, the race is on to define and protect the corporate attack surface December 13, 2022 Cybersecurity has historically been a difficult sell to the board. Banking leaders, like their counterparts across other sectors, tended to regard IT security as the domain of the techies—something adjacent to rather than at the core of their business. But things have changed considerably since the start of the pandemic. Today the challenge is not [...]
Govt strengthens cybersecurity laws for public services November 30, 2022 The government said it will strengthen its cybersecurity laws to better protect essential services like water, energy and transport, from online attacks. In response to a public consultation earlier this year, the government has confirmed the Network and Information Systems (NIS) Regulations will be strengthened to protect essential and digital services against increasingly sophisticated and frequent cyber attacks both now [...]
WH Smith swings back to profit as retailer eyes global expansion November 10, 2022 WH Smith is back in the black after footfall to airports and railway stations returned this year, following the opening up of society post-Covid. The high street staple posted group profit before tax of £63m for the year to the end of August, compared to a loss of £116m it booked the year previously. WH [...]
Ince settles former executives’ claims with £15,000 payouts each September 28, 2022 Ince has paid two of its former executives £15,000 each to settle a series of cases arising from the listed law firm’s decision to remove them from their posts. The maritime specialist law firm, which is listed on London’s AIM, said it has paid former chief executive Adrian Biles, and former finance chief, John Biles [...]
UK’s financial sector faces new wave of brute force DDoS attacks September 14, 2022 The UK’s financial sector is experiencing a wave of brute force Distributed Denial of Service (DDoS) attacks, new data obtained through a freedom of information request shows. Hackers are increasingly using brute force tactics to launch cyberattacks against the UK’s financial sector, as they pivot away from using phishing and malware scams, the Financial Conduct [...]
WH Smith high street sales lower than pre-Covid levels after Funky Pigeon hack September 7, 2022 WH Smith has said its high street arm has been impacted by a cyber security issue with its greetings cards business, denting sales. The stationery seller said its high street business was performing in line with expectations. Sales stood at 80 per cent of 2019 revenue for the 26 weeks to 27 August 2022, following [...]