News
In conversation with: Nat West Payit's James Hodgson
6+ day, 8+ hour ago (912+ words) Fintech is often held up as the gold standard of a UK tech success story. One that took a sector that the country was already a global leader in, finance, and spawned an enormously valuable sister sector that has gone…...
Cyber attacks cost UK businesses "3. 7bn in litigation in 2025
1+ week, 7+ hour ago (355+ words) Shareholder litigation accounted for "3. 7bn of the "11. 7bn total cost of cyber attacks to large UK businesses in 2025, according to new research from global insurance brokerage Gallagher and the Centre for Economics and Business Research (CEBR)." The numbers are modelled on a…...
AI sovereignty will fail without secure infrastructure
1+ week, 4+ day ago (160+ words) UKTN The UK finds itself at a crucial juncture regarding artificial intelligence. With AI now integrated across a wide range of sectors, the debate has shifted to how it can be implemented in a manner that maintains security and supports…...
UK government to strengthen cyber defences against AI-enabled threats
1+ week, 6+ day ago (241+ words) Businesses across the UK are being urged to strengthen their cyber defences as the government takes action to protect the economy and essential services from fast-evolving cyber threats." The pledge sets out three concrete actions organisations can take to improve…...
City of London calls for tech-led fraud fight
2+ week, 3+ day ago (235+ words) The City of London Corporation is calling on tech firms to build stronger digital verification services as fraud continues to wreak havoc on the financial sector. The organisation has launched a digital verification initiative that through it has urged the…...
Red Hat targets quantum readiness and AI automation with new update
2+ week, 4+ day ago (194+ words) Open source solutions provider Red Hat is set to launch Red Hat Enterprise Linux 10. 2 and 9. 8 to address modern security threats, speed AI innovation and minimise operational drift. Red Hat Enterprise Linux 10. 2 and 9. 8 provide an operating system (OS) platform that unifies…...
UK faces "perfect storm" for cybersecurity, says cyber chief
1+ mon, 3+ day ago (264+ words) The UK is facing a "perfect storm" for cybersecurity against the backdrop of a new technological revolution, the head of the UK"s cyber agency is set to say at the CYBERUK conference in Glasgow today. Dr Richard Horne, the…...
Cloudflare outage: Tougher scrutiny called for amid latest disruption
5+ mon, 2+ week ago (282+ words) Much of the internet was rendered inaccessible on Friday morning following a disruption connected with US giant Cloudflare, prompting calls for tougher scrutiny. The outage is the latest in an ongoing trend that has become a tiresome and persistent feature…...
Government must enforce social media fraud standards, says TPA
1+ mon, 3+ week ago (276+ words) The government must act now to enforce anti-fraud standards on social media platforms, according to a trade body representing the payments sector. The Payments Association (TPA) has for some time now be calling for the burden for both tackling fraud…...
HSBC launches "5bn AI and productivity initiative to support business growth
2+ mon, 1+ week ago (386+ words) HSBC UK has launched a "5bn AI and productivity financing initiative to help UK businesses invest in essential, future-ready capabilities. UK mid-sized companies could generate an additional "105bn in revenue by 2030 if current AI adoption trends continue, according to new research carried…...