MPs quiz major UK banks on IT vulnerabilities and AI
The chief executives of Barclays, HSBC, Lloyds Bank, and NatWest recently faced a Treasury Select Committee to discuss IT vulnerabilities and the increasing role of AI in banking. Cybersecurity emerged as a major concern, with substantial investments noted by leaders to safeguard digital systems critical for customer trust. The discussion also touched on how AI […]
Build an AI-resilient recruitment process
Artificial intelligence (AI) is revolutionising recruitment, but we need to ensure that the human touch remains vital in the hiring process. Karen Handley from Virgin Media O2 explores how companies can adapt their recruitment strategies to address the challenges posed by AI-generated applications while ensuring a fair and inclusive process. Source: HR Magazine Key Points […]
Inside KPMG’s Global AI Trust Study
KPMG’s latest study dives deep into the trust surrounding AI, surveying 48,000 people across 47 countries. The findings reveal that while 58% of respondents view AI as trustworthy, only 46% are willing to trust it. A significant concern highlighted is the prevalence of AI-generated misinformation, with 70% unsure if online content can be trusted due […]
House of Lords AI Summit warns of ‘relentless’ cyber threats as UK races to close digital skills gap
Industry leaders met at the House of Lords for a critical summit discussing AI’s impact on the UK economy. Highlights included significant warnings about ongoing cyber threats and the urgent need to address the country’s digital skills gap. Key Points The summit featured experts from cybersecurity, law enforcement, and tech industries. Concerns were raised over […]
Warning issued to UK households over kitchen appliance that could be hacked
Summary UK households are being warned about vulnerabilities in smart kitchen appliances, particularly toasters, fridges, and thermostats, which hackers can exploit to gain access to home networks. Cybersecurity experts highlight the risks associated with older devices that no longer receive updates, making them easy targets for cyber criminals. Evgeny Goncharov from Kaspersky explained that once […]
Founded by Anar Israfilov, Cyberoon Unveils AI-Powered Threat Detection Suite to Redefine Enterprise Cybersecurity
Cyberoon, a cybersecurity company founded by expert Anar Israfilov, has launched an innovative, AI-driven threat detection suite designed to shift enterprise security practices from reactive measures to intelligent predictions. The suite includes three key components: IntelliRisk AI, Enterprise SecureMind, and IntelliDefend AI, all aimed at proactively identifying and addressing cyber threats in real-time. With operations […]
Businesses ignore advice on preventing cyberattacks, says GCHQ
Summary This article provides important information about accessing eClips Web, a platform that offers valuable media resources through the Newspaper Licencing Agency. Users are prompted to enter their username and password to gain access to the content available on the site. For those managing multiple passwords, there’s a link to a Password Manager for convenience. […]
M&S warns cyber attack will wipe £300million off profits as it issues update
Summary Marks & Spencer (M&S) has revealed that a cyber attack has severely disrupted its online sales, predicting a loss of around £300 million in annual profits due to this incident. The attack has forced the retailer to pause online orders and has had a significant impact on its stock market value, dropping by over […]
ATO Tax Refund Data Breach Update: Urgent Warning Issued As Hackers Hijack myGov Accounts, Pocket Funds
Summary The Australian Taxation Office (ATO) has issued a crucial alert as hackers infiltrate myGov accounts to steal tax refunds. This alarming trend has seen substantial amounts, including £6,940, being fraudulently withdrawn from victims’ accounts. With tax season approaching, the ATO urges Australians to enhance their online security to prevent exploitation by cybercriminals. Key Points […]
New AI Content Labelling Rules in China: What are they and how do they compare to the EU AI Act?
The Cyberspace Administration of China has rolled out new labelling measures for AI-generated content, which will take effect on September 1, 2025. This article dives into the details of these measures and compares them to the upcoming EU AI Act. Key Points New labelling measures include explicit and implicit labels for AI-generated content. Explicit labels […]