£1.9bn price tag makes JLR Britain’s most expensive cyber attack October 22, 2025 The cyber attack on Jaguar Land Rover (JLR) has been estimated to cost the UK around £1.9bn, in what experts are calling the most economically damaging hack in British history. Research from the Cyber Monitoring Centre (CMC), a non-profit group that tracks major cyber incidents, found that around 5,000 organisations across the country were affected [...]
Salesforce: Trust is ‘critical’ when it comes to AI October 16, 2025 Trust has become key when it comes to businesses using AI. As Salesforce’s Brent Hayward, head of competitive intelligence, told City AM: “I don’t think there’s any more valuable thing. If you’re in the business of working with other businesses or customers, then trust… It is the foundational level”. Hawyard insisted that this trust ‘layer’ [...]
Surge in cyber attacks expected to generate windfall for consultants October 13, 2025 The recent surge in cyber attacks targeting major businesses and government entities is expected to drive an increase in spending on cybersecurity services from consulting firms. Cyber attacks have dominated the headlines this year, with recent incidents, such as the attacks on the Co-op and Jaguar Land Rover, resulting in substantial financial hits for the businesses. The [...]
Natwest hires top tech talent amid UK innovation push October 9, 2025 NatWest had doubled down on its support for the UK’s high-growth and innovation economy with two senior strategic hires in its newly formed venture banking team. Greg Brown has joined as head of venture capital coverage, and Kim Martin has stepped in as head of venture and growth finance, reflecting the bank’s renewed push to [...]
Jaguar Land Rover production to restart October 7, 2025 Manufacturing at Jaguar Land Rover will partially restart as soon as Wednesday, the firm has said, a month and a half after a crippling cyberattack forced the UK’s largest carmaker to halt its production line. In a statement released on Tuesday, the Tata Motors-owned car brand confirmed that a phased restart at two of its [...]
EY: UK financial sector prioritises tech-savvy hires in AI era October 6, 2025 Over half of all of new non-executive directors appointed to British financial services companies over the past year have brought tech expertise, new research from big four accountancy giant EY has found. The figure, 52 per cent, shows a 16 per cent rise from the previous year, as AI continues to shift boardroom dynamics. While [...]
Renault warns UK customers after cyberattack exposes data October 3, 2025 Renault and its sister brand Dacia have warned UK customers to be vigilant after hackers stole personal information in a cyber attack on one of the carmaker’s third-party data providers. The French-owned group confirmed that details including names, addresses, dates of birth, gender, phone numbers, vehicle identification numbers and vehicle registration details may have been [...]
Asahi cyberattack halts domestic operations amid ongoing investigation September 30, 2025 Japan’s largest brewer, Asahi Group Holdings, remains unable to resume production at its domestic factories following a cyberattack on Monday, with the firm unable to provide a timeline for when normal operations might resume. “Asahi Group Holdings is currently experiencing a system failure caused by a cyberattack, affecting operations in Japan,” it said in a [...]
Pandora: UK profit slumps as sales slip after record high September 30, 2025 Profit at the UK arm of luxury jewellery brand Pandora has fallen significantly as its sales slipped back from a record high. The London-headquartered division has posted a pre-tax profit of £14.9m for 2024, new accounts filed with Companies House show. The latest total comes after Pandora achieved a pre-tax profit of £61.1m in 2023. [...]
Harrods’ customer details stolen in IT breach September 27, 2025 Harrods has warned some customers that their personal data may have been taken in an IT systems breach. The luxury Knightsbridge department store said information, such as names and contact details, of its e-commerce customers was taken after one of its third-party provider systems was compromised. In a statement, Harrods said: “We have been notified [...]