Minister: Cyber brings ‘risks we can’t ignore’ with UK firms still vulnerable March 20, 2024 Three quarters of medium and large sized businesses were hit by a cyber attack in the past year, according to new government figures.
National security is an ‘arms race’ says boss of chip designer Arm April 24, 2024 The chief architect at Arm said although national infrastructure is improving, there is a "tremendous amount" that needs to be done.
Ion Markets cyber attack disrupts derivatives trading February 1, 2023 Financial data group Ion Markets suffered a cyber attack yesterday, according to reports, which caused disruption to derivatives trading. The attack was “contained to a specific environment” and “all the affected servers are disconnected” Ion Markets said, according to a Financial Times report. City A.M. has approached Ion Markets for a comment. A statement made [...]
Capita shares crater 22 per cent as outsourcing giant swings to £107m loss March 6, 2024 Capita's share price closed 22 per cent lower on Wednesday after the outsourcing giant reported a huge loss and announced that it would be ramping up its cost-cutting programme.
Estee Lauder hit by cyberattack affecting some business operations July 19, 2023 Cosmetics maker Estee Lauder said a hacker had obtained some data from its systems, with the cyber incident causing, and expected to further cause, disruption to parts of the company’s business operations. The MAC Cosmetics owner was working to restore the affected systems and had implemented measures to secure its operations, including taking down some [...]
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 [...]
Capita warns of £20m hit from cyber attack May 10, 2023 A cyber attack against outsourcing firm Capita which saw personal information leaked onto the dark web is likely to cost £15-20m to resolve, the firm revealed this morning.
UK’s legal sector needs to improve its cybersecurity, say experts May 18, 2024 One in ten data breaches over 2023 were in the UK legal sector as law firms are attractive targets for cybercriminals, experts say the sector needs better cybersecurity
Go-Ahead hit by cyber security incident but says rail services ‘operating normally’ September 6, 2022 Go-Ahead has been hit by a cyber security incident after unauthorised activity was detected on its network yesterday, the bus operator revealed. The public transport operator stated there was “no impact on UK or international rail services which are operating normally.” Go-Ahead said it “immediately engaged external forensic specialists” after the hack was discovered and [...]
Capita picks Amazon exec to lead outsourcing giant July 31, 2023 London-listed outsourcing firm Capita is undergoing a change of leadership as CEO Jon Lewis steps down, passing the baton to Adolfo Hernandez. After over five years at the helm, Lewis is retiring as chief executive and board director, leaving the company in the hands of Hernandez, a seasoned tech expert with 30 years of experience, [...]