Articles about UK

One in four UK workers maliciously leaks business data via email

Email attack

New research into insider threats reveals that 24 percent of UK employees have deliberately shared confidential business information outside their company.

The study from privacy and risk management specialist Egress Software Technologies also shows that almost half (46 percent) of respondents say they have received a panicked email recall request, which is not surprising given more than a third (37 percent) say they don’t always check emails before sending them.

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UK banks don't want to deal with crypto companies

Bitcoin Ethereum BTC ETH

British banks are reportedly staying away from companies that handle cryptocurrencies

According to the FT, the ambition of British banks to be see as a global hub for the fast-growing fintech sector are being questioned as companies that wanted to do business in the UK are now being force to opt for other countries like Poland or Gibraltar.

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Bristol is UK's Smart City leader

smart city

The UK’s biggest urban areas are embracing smart city technology at a faster rate than ever, new research has claimed.

The latest Huawei UK Smart Cities Index has revealed how many of the nation’s biggest cities are using new technology across a wide range of areas.

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Investment in UK fintech startups exceeds $1 billion

Fintech

Despite growing concerns over the impact that Brexit might have on fintech startups in the UK, new figures have revealed that the sector has seen record investment throughout the year so far.

According to data from London and Partners and Pitchbook, over $1 billion has already been invested in UK fintech by venture capitalists which is more than double that of the same last year.

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One in five UK businesses don't prepare for cyber attacks

business security

UK companies are unprepared for potential cyber-attacks against their business, with major shortcomings in many areas of security, new research has said.

A report released today by PwC found that a worrying amount of British firms only have adequate security protection in place, or are unaware of how best to prepare against attacks.

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AI could bring up to £630 billion to the UK economy over a few years

Artificial intelligence

The UK government has revealed ambitious plans for boosting the Britain's artificial intelligence (AI) technology industry.

A new independent review, published on behalf of the AI sector, has claimed that AI could provide up to £630 billion for the UK economy over the next few years.

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Iran may have hacked the UK Parliament

Cyber attack

It seems to be Iran, and not Russia, who is behind last summer's cyber attack against the UK Parliament. At least that’s what The Times is reporting, and it’s backing its claims with "secret intelligence assessment."

If that truly is the case, this would be Iran’s first foray into cyber-warfare. When it comes to possible motives behind the attack, it’s all still in domain of speculation. From looking into UK’s interests to try it to make any concessions, to scouting for advantages in trade, to changing the direction of the nuclear deal.

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Almost half of UK infrastructure will have moved to the cloud in six months

cloud button

A new survey of UK IT decision makers by cloud and network provider Interoute shows the cloud is increasingly seen as the best platform for providing scalable infrastructure.

The results reveal that businesses plan to move on average just under half (46 percent) of their infrastructure to the cloud over the next six months.

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Brexit impact on UK jobs market may be overestimated

brexit

New reports are arguing that Brexit may not have such a major effect on the UK's tech sector as previously imagined.

Research released by Tech City UK and Nesta claim that foreign workers are more likely to have come from outside the EU, meaning that losing EU-based workforce may not be as "dangerous" for businesses as previously thought.

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Cyber attacks are as serious as terrorism, says UK's GCHQ

Cyber attack

Cyber-attacks are as serious of a threat as terrorism, the head of UK security body GCHQ has said.

Writing in the Daily Telegraph, Jeremy Fleming said extra funds the institution is getting are being spent on making GCHQ a "cyber-organization" as much as a counter-terrorism, or intelligence one.

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Many UK SMBs don't invest in security solutions

open digital lock

A third of UK small businesses are risking their online safety by operating at or below the "security poverty line," according to new research from Duo Security.

The cybersecurity company partnered with YouGov to survey 1,0009 senior decision makers across the UK to determine how much they are spending on cybersecurity and whether government initiatives such as Cyber Essentials and Cyber Risk Aware have been effective at protecting SMBs from cyber threats.

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Three-quarters of Brits worry about risks from connected homes

connected home

Despite their potential to reduce bills and make life easier, 76 percent of British consumers are worried about the impact of smart technology and connected homes.

A study by price comparison site MoneySuperMarket polled more than 2000 people and reveals many are fearful of the smart homes concept, with unapproved data collection cited as the greatest worry.

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UK communications watchdog slams carriers over 5G legal battles

5G mobile

The head of the Ofcom watchdog has called for co-operation from the UK's main telecoms networks in order to facilitate the spread of 5G networks.

In a letter to the Financial Times published today, Ofcom chief executive Sharon White said that commercial interests must not affect the "golden opportunity" 5G offers to the country.

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UK businesses have a culture of secrecy towards data breaches

security breach

At a time when British businesses should be bolstering and updating their data protection policies in preparation for new legislation, it is worrying to report a culture of secrecy and ambivalence towards data breaches across the country.

With the EU General Data Protection Regulation (GDPR) due to come into force on May 25 next year, bringing with it huge fines of up to 20m Euros or four percent of turnover, a survey has revealed the real extent of Britain’s data breach problem.

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UK businesses don't prioritize security training

secure payments lock

As the cost of dealing with the aftermath of a security breach has risen significantly in the past year alone, new research has revealed that staff training can greatly help reduce the risk of cyber attacks.

A new survey from Accenture found that 55 percent of workers in the UK could not recall ever receiving training regarding cyber threats, meaning many of them are often unsure what to do in order to prevent, identify or respond to a cyber attack.

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