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cityam. com > ms-to-face-shareholder-grilling-over-cyber-attack-recovery

M&S to face shareholder grilling over cyber attack recovery

2+ hour, 28+ min ago  (716+ words) Marks and Spencer is set to take a grilling from shareholders over whether it has made a meaningful recovery from the cyber attack which wiped out nearly a third of its profit. The FTSE 100 retailer will face investors at its…...

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cityam. com > professional-services-firms-the-flavour-of-the-month-for-cyberattacks

Professional services firms the 'flavour of the month' for cyberattacks

2+ week, 3+ day ago  (423+ words) Professional services firms, particularly law firms, are the "current flavour of the month" for cyberattacks, driven by the valuable client information the sector guards. Speaking to City AM, Holly Waszak, head of cyber claims advocacy at Marsh, said: "We're seeing…...

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cityam. com > safe-version-of-anthropics-mythos-model-hits-market

'Safe' version of Anthropic's Mythos model hits market

3+ week, 5+ day ago  (123+ words) Anthropic officially released Claude Fable 5 on Wednesday, allowing the public to access the core architecture of its notorious "Mythos" model for the first time " a technology previously deemed to dangerous for distribution. Fable 5 is being rolled out via Anthropic"s…...

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cityam. com > the-debate-should-ceos-be-held-personally-accountable-for-cyberattacks

The Debate: Should CEOs be held personally accountable for cyberattacks?

1+ mon, 3+ day ago  (392+ words) Deputy Comment and Features Editor Is bad management to blame for cyberattacks? And even if not, should bosses be held accountable? We hear the case for both sides in this week's Debate CEOs should absolutely be held accountable for a…...

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cityam. com > visa-data-leak-piles-pressure-on-britains-digital-id-push

Visa data leak piles pressure on Britain's digital ID push

1+ mon, 1+ week ago  (532+ words) The leak of more than 100, 000 passport scans and biometric selfies linked to a third-party visa website has renewed concerns over the security risks surrounding Britain's growing shift towards digital ID systems. A site operating under the name UK Visa Portal…...

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cityam. com > we-cannot-regulate-cyber-threats-away-top-lawyer-warns

'We cannot regulate cyber threats away,' top lawyer warns

1+ mon, 2+ week ago  (652+ words) British businesses are facing a growing compliance burden as governments race to respond to rising threats and the rapid spread of AI, but regulation alone may not solve the problem. "We cannot regulate cyber threats away, partner and head of…...

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cityam. com > cyberattacks-hit-uk-businesses-with-3-7bn-in-legal-costs-last-year

Cyberattacks hit UK businesses with "3. 7bn in legal costs last year

1+ mon, 2+ week ago  (379+ words) Large UK businesses were forced to fork out "3. 7bn to defend legal action brought by shareholders last year over cyberattacks, according to new research from insurance giant Gallagher and the Centre for Economics and Business Research (CEBR)." Cyberattacks cost firms with…...

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cityam. com > andrew-bailey-steers-push-for-anthropic-to-meet-global-watchdog-over-mythos

Andrew Bailey steers push for Anthropic to meet global watchdog

1+ mon, 2+ week ago  (315+ words) The global financial watchdog is set to discuss the capabilities of the Mythos tool with Anthropic following a push from Bank of England governor Andrew Bailey. The Financial Stability Board, which brings together finance bigwigs from across the G20 nations, will…...

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cityam. com > why-identity-security-is-now-a-board-level-imperative

Why identity security is now a board-level imperative

1+ mon, 3+ week ago  (609+ words) Can your board answer with confidence what your AI agents can actually access right now? Many can't. That's become a competitive liability, not just a compliance risk. During my time in boardrooms and speaking with customers across the city, I've…...

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cityam. com > ai-in-banks-its-all-marketing-and-fomo

AI in banks? It's all marketing and FOMO

1+ mon, 3+ week ago  (823+ words) As banks are rush to beef up their AI capacity Samuel Norman recounts the sentiment shared across the industry at a conference in Copenhagen last week. Like all sectors, banks are chasing the promises of AI. The industry is shrugging…...

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