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Cyber risk
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ASIC takes Fortnum Private Wealth to court over alleged cybersecurity failures
Regulator sends signal of intent with allegation that cybersecurity policies, frameworks, systems and controls were inadequate.
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New measures to ban UK institutions from paying ransom to hackers
The measures are intended to protect public services.
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FCA work in review: June 5-11, 2025
Our at-a-glance guide to a busy week of FCA activity.
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S-Bank Plc to pay over €7m for omissions in operational risk management
Some of S-Bank’s customers experienced financial losses after criminals exploited the malfunction.
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UK retailers face steeper cyber insurance cover after recent attacks
The UK high street retailer has now admitted that some customer data was stolen as a result of recent cyber attacks.
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NCSC assesses impact of AI on cyber threat to UK until 2027
Emergence of AI means malicious actors can identify and exploits vulnerabilities a lot faster, experts have warned UK organizations.
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Future threats from post-quantum hacking prompt new security measures
The security agency has proposed a three-phase migration timeline to prepare for future threats.
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Stockholm FinTech Week 2025: Using AI and innovation to combat a fast-changing threat landscape
Beju Shah, head of Nordics at the BIS, gave a keynote speech.