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cyber security

  • NCC Group pivots on cyber security amid rising demand

    Tech

    FTSE 250 tech firm NCC Group said it was changing the strategic direction of its cyber security division after revenue took a hit in the first half of the financial year. NCC’s revenue from cyber security tumbled nearly eight per cent to £123.5m for the first half of the year, down from £133.9m for the [...]

  • UK unveils cyber security war chest after M&S and Co-op attacks

    Tech

    The UK government has launched a £16m war chest with the aim to accelerate growth in the country’s cyber security industry in the wake of high-profile attacks against the likes of M&S, the Co-op and Harrods in recent months. Unveiling the funding, the Department of Science, Innovation and Technology (DSIT) said the cyber growth action [...]

  • Bank of England loses hundreds of laptops amid rising cyber threats

    Economics

    The Bank of England has come under fire after losing hundreds of tech devices worth nearly £300,000. Figures seen by City AM reveal the Bank of England lost or had stolen over 300 laptops, tablets and phones between May 2022 and March 2025. Patrick Sullivan, chief executive of think tank Parliament Street, said: “The Bank [...]

  • Mastercard: Fraud attempts jump as retailers feel cyber attack sting

    June 3, 2025

    The head of artificial intelligence at Mastercard said the payment giant had seen a surge in fraud attempts, which follows a string of cyber attacks on major retailers.  Greg Ulrich, chief data and AI officer at Mastercard, told City AM the payments network is “attacked perpetually” by fraudsters. The payments network recorded a 40 per [...]

  • Cyber attacks: What do hackers do with your data?

    May 30, 2025

    A wave of cyber attacks across the UK has left hundreds of thousands of Brits’ personal information vulnerable to online criminals. M&S admitted that hackers stole personal data – but not payments information or passwords – in a cyber attack at the end of April, while recent breaches at the NHS and Legal Aid resulted [...]

  • A third of UK fintechs put customers data at risk of cyber attack

    May 29, 2025

    UK fintechs are putting thousands of customers in jeopardy by leaving themselves vulnerable to a cyber attack, shocking new research reveals. Nearly 800 firms’ digital presence was analysed by the ethical hacking platform Ethiack as it scrutinised their cybersecurity.  Four in ten fintechs were found to be giving hackers a “powerful headstart” by revealing software [...]

  • NHS patient data at risk in major cyber attack

    May 28, 2025

    A newly uncovered cyber attack has exposed sensitive information at two major NHS trusts, raising fears that patient records could be at risk. Experts have warned that the hack, linked to a vulnerability in widely used mobile management software, marks a growing threat to critical UK infrastructure. University College London hospitals, NHS Foundation Trust, and [...]

  • Adidas hit in yet another UK retail data breach

    May 27, 2025

    Adidas has confirmed a cyber attack that exposed the personal data of customers who contacted its help desk, adding the German sportswear giant to a growing list of major retailers hit by recent cybersecurity incidents. The breach, disclosed on 23rd May, involved unauthorised access to a third party customer service provider, through which attackers were [...]

  • Fintech hiring to boom after cyber attack carnage

    May 27, 2025

    UK fintech is set for another shot of momentum after a series of cyber attacks on top retailers exposed a need for greater security expansion.  Hiring in the industry is projected to increase 32 per cent in 2025 as risk and compliance becomes crucial amid surges in financial crime.  Marks and Spencer suffered a near-£700m [...]

  • Are cyber attacks about to become the norm for British retailers?

    May 20, 2025

    In the last month, cyber attacks have gone from a destructive but uncommon issue to the top of most Brit’s news feeds.  Marks and Spencer’s, Co-op, Harrods – plus the international Dior and Coinbase – have all been the target of attacks in the last months, with more unsuccessful or smaller attacks likely to have [...]

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