NCC upgrades forecasts as cyber business grows Tech British tech firm NCC said it will report a better than expected quarterly trading performance after a strong performance from its core cybersecurity business. In the four months ending 30 September, NCC forecast overall revenue to be around £100m with adjusted operating profit of about £3.5m, compared to £1m and an adjusted operating loss in [...]
Crowdstrike shares slide despite beating expectations amid IT outage fallout Tech Shares in cybersecurity firm Crowdstrike tumbled over seven per cent in after-hours trading, even as the scandal-stricken company posted better than expected second-quarter earnings for its financial year 2025. The Nasdaq-listed company, still reeling from last month’s global IT outage, posted total revenue of $963.9m (£729m), a 32 per cent increase from $731.6m (£553.3m) in [...]
Global tech outage: First real test for cyber insurance market INSURANCE The world suffered from a technical crash on Friday which left airlines grounded and affected business, but who will cough up for the interruption?
London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’ July 17, 2024 CultureAI's latest capital injection follows seed rounds of $4m (£3.1m) in 2021 and $5m (£3.8m) in 2023.
AI deepfake scams hit FTSE 100 bosses July 10, 2024 Back in May, the chief executive of WPP revealed he was targeted by a deepfake scam which involved his voice being cloned on a company Microsoft Teams call.
Cyber attack on London hospitals must be a wake-up call for our politicians June 14, 2024 The NHS cyber attacks show exactly why digital security is critically important, yet our politicians don't seem to care, writes Edward Lewis
Microsoft: weak cyber defences set to hit economic growth June 5, 2024 Microsoft and many others have said that organisations need to "fight fire with fire" and use AI to bolster their defences.
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
London-listed veterinary services firm CVS hit by cyber attack. Here’s everything we know so far April 8, 2024 It said after realising it was under attack CVS "took immediate steps to isolate the issue and, to prevent wider unauthorised access", taking its IT systems offline.
Darktrace reports jump in revenue and notes growing cyber threats from AI March 7, 2024 For the six months to the end of December, the company recorded revenue of $330.3m (£259m) and a gross profit margin of 89.3 per cent.