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cybercrime

  • Sharp rise in cyber attacks at UK law firms as hackers eye sensitive data

    February 21, 2024

    The number of reported cyber attacks on UK law firms has increased 36 per cent over the past year. According to data by speciality reinsurance group Chaucer, there were 166 reported cyber breaches in 2021/22, this number jumped to 226 for 2022/23 (as of 30 September). Chaucer says that the large number of attacks against [...]

  • Take down of Lockbit won’t stop the hackers, warn security experts

    February 21, 2024

    Cybersecurity experts have warned that hackers could swiftly bounce back from a UK-led operation to take down ransomware group Lockbit.

  • Dead Man’s Fingers maker cuts over 500 jobs and enters the red after cyber attack hits sales

    February 16, 2024

    The maker of Crabbie's Ginger Beer and Dead Man's Fingers spiced rum shed more than 500 jobs and entered the red after its sales were hit by a cyber attack, it has been revealed.

  • Expect M&A uptick in cybersecurity market, says Arctic Wolf boss

    January 18, 2024

    The boss of one of the world's biggest cybersecurity companies has said he expects a surge in M&A activity in the sector in 2024.

  • Cyber attacks top risks for UK firms in 2024 but spectre of natural disasters looms large

    January 16, 2024

    The Allianz Risk Barometer has ranked cyber incidents as the biggest risk for businesses, both globally and in the UK, by companies of all sizes and over a range of sectors.

  • Sellafield cyber attacks ‘no surprise’, union warns secretary of state

    December 19, 2023

    The UK nuclear industry is awaiting plans to build further infrastructure to compliment plants such as Hinkley Point C (pictured).

  • These tech companies have breached the most data rules this year

    December 3, 2023

    Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.

  • Five online scams to watch out for ahead of Cyber Monday

    November 25, 2023

    City A.M spoke to Oz Alashe MBE, cybersecurity expert and CEO of CybSafe, who gave his top tips on how to stay safe from online scams.

  • Will the Economic Crime Act tackle the UK’s £350bn fraud issue?

    October 26, 2023

    The government's legislation designed to tackle economic crime received royal assent today after months of back and forth between the House of Commons and the House of Lords.

  • Rishi Sunak: UK shouldn’t ‘rush to regulate’ AI despite dossier of dangers

    October 26, 2023

    Rishi Sunak has said the UK “shouldn’t be in a rush to regulate” the development of artificial intelligence (AI) despite a dossier of potential dangers laid out by the government. The Prime Minister made a speech on the risks and rewards of the new technology at the Royal Society this morning ahead of the UK’s [...]

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