Royal Mail has supposedly rebuffed an $80m (£66m) ransom demand from the LockBit ransomware gang, saying “under no circumstances” would it pay “the absurd amount of money” demanded. This is according to what appear to be chat logs leaked by LockBit, published on 14 February, that detail weeks of in-depth negotiations between LockBit and […]
The UK fintech sector saw a steep drop in investment last year, but was still a top-three global destination for capital. Investment in UK fintech from private equity and venture capitalist firms fell 56% in 2022, compared with the previous year, reaching $17.4bn compared with $39bn the previous year, according to KPMG. In its […]
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The veteran Qbot or Qakbot banking trojan, the Lokibot commodity infostealer, and the AgentTesla remote access trojan (RAT) were the most prevalent malwares observed during January 2023, according to the latest monthly Global threat index from Check Point, but the first few weeks of the year also saw the return of the Vidar infostealer […]
The UK’s Financial Conduct Authority (FCA), working alongside West Yorkshire Police’s Digital Intelligence Unit, has raided several properties in Leeds suspected of hosting illegal cryptocurrency automatic teller machines (ATMs). The joint action, using powers granted by the Money Laundering Regulations 2017, came after a lengthy evidence-gathering exercise. Like their legitimate counterparts, a familiar feature […]
Ride-hailing app Uber has signed a seven-year strategic cloud partnership with database software giant Oracle. The arrangement will see Uber migrate some of its business-critical workloads to the Oracle Cloud Infrastructure (OCI) as part of a wider push by the firm to modernise its infrastructure and accelerate the time it takes it to bring […]
Women Returners and STEM Returners will receive a £150,000 fund from the Government Equality Hub to help people who have left the technology sector return to work. The two organisations have together launched a pilot programme to support 100 people coming back to the science, technology, engineering and maths (STEM) sectors after a career […]
Public sector organisations could do more to help the government achieve its 2050 net-zero emissions target by moving more of their high carbon-emitting legacy systems to the cloud. That’s according to digital services provider Kainos, which recently oversaw the migration of legacy systems by Companies House to the cloud, which reportedly enabled the public […]
WithSecure researchers have exposed a network of fraudulent YouTube videos, channels and associated web applications that are manipulating users into joining dodgy cryptocurrency investment scams. The fraud operation appears to be promoting a USDT (also known as Tether) cryptocurrency investment scheme. USDT, which is pegged to the US Dollar and known as a stablecoin, […]
Thank you for joining! Access your Pro+ Content below. 14 February 2023 Where next for NHS IT? Share this item with your network: In this week’s Computer Weekly, as NHS Digital is folded into NHS England, we consider what the merger could mean for the future of NHS IT. We find out how data science […]