Last year saw a large increase in the number of financial product promotions the Financial Conduct Authority (FCA) forced finance firms to remove or amend. A total of 8,582 promotions were pulled or changed after the FCA contacted firms promoting them, which was 14 times more than the previous year. The UK finance regulator […]

Amazon Web Services (AWS) has moved to assure the market that its new customer pipeline remains “healthy and robust” after its parent company reported another downbeat set of financial results. Amazon.com reported a quarterly revenue of $149.2bn for the three months to 31 December 2022, which constitutes a year-on-year (YoY) rise of 12%, and […]

Cybersecurity professionals work around the clock to prevent security incidents that would undermine the confidentiality, integrity and availability of their organization’s information assets. The stark reality, however, is that these events are inevitable — security incidents will occur, regardless of safeguards put in place. A strong incident response plan — guidance that dictates what to […]

The LockBit ransomware cartel has confirmed it is behind the cyber attack on financial software supplier Ion Group, which has caused chaos in the City of London and left multiple clients, including the likes of ABN Amro and Intesa Sanpaolo, locked out of critical applications. In a note posted to LockBit’s dark web leak […]

The UK’s Financial Conduct Authority (FCA) forced the amendment or removal of 8,582 potentially misleading or outright fraudulent financial promotions during 2022, over 14 times more than the 573 interventions it made in 2021, as its use of digital tools and focus on social media influencers. The FCA said it had made “significant improvements” […]

How are those New Year’s resolutions working out for you? With 2023 now well underway, many of your best intentions for the year may have already been adjusted, deferred or abandoned entirely. You’re only human, after all. It’s often the same with employee cyber security training. At many organisations, staff are required to complete […]

The European Parliament has voted to adopt an amended version of a proposed platform worker directive, making it easier for gig workers across Europe to clarify their employment status and understand how they are being algorithmically managed. Proposed by the European Commission (EC) in February 2022, the directive means millions of people working for […]

What training do we need to provide to cyber security professionals to keep them ahead of the bad guys? And how do we retain talented security professionals in such a competitive recruitment market? These two important questions may seem different, but they are intrinsically linked. Both are connected to the statement we always hear […]

A campaign of cyber attacks targeting medical research bodies and energy firms has been pinned on the infamous North Korean advanced persistent threat (APT) group known as Lazarus – the group behind the 2017 WannaCry incident – after an operational security error by gang members exposed its activity. Researchers at Finland’s WithSecure picked up […]

A ransomware attack on trading software supplier Ion Group – potentially the work of the infamous LockBit cartel – has caused chaos for City of London traders, leaving them unable to perform key duties. Ion is a critical component of the UK’s financial system, with its software playing a vital role in the trading […]