Christian Dior: UK sales and profit slashed despite demand for watches and jewellery July 28, 2025 Sales and profit at the UK arm of Christian Dior have been slashed despite the uptick in demand for the luxury fashion brand’s watches and jewellery. The London-based division’s revenue fell from £32.4m to £280m in the year while its pre-tax profit was also cut from £46.6m to £27.6m over the same period. Its latest [...]
Ransomware ban won’t save councils or NHS without urgent cyber investment July 27, 2025 The UK government’s recent ban on ransomware payments by the public sector is a pivotal moment in cybercrime policy. While hailed as a decisive step, experts caution that without parallel investment in resilience, hospitals, councils, and schools remain dangerously exposed. Announced on 22 June, the policy prohibits pay-outs by NHS trusts, local authorities, and other [...]
Fraud risk surges as leaked files expose UK firms July 22, 2025 London’s cyber watchdogs are sounding the alarm over a growing wave of corporate data breaches, as new research reveals the vast majority of leaked datasets now include sensitive financial and personal files, fueling a sharp rise in fraud, cybercrime and reputational risk. A landmark study published on Tuesday by Lab 1, an AI-driven cybersecurity platform, [...]
Co-op boss confirms data of all 6.5m members stolen July 16, 2025 The chief executive of Co-op has confirmed that the personal data of all its 6.5m members was stolen during a major cyber attack in April, marking one of the most widespread data breaches in UK retail history. Speaking publicly for the first time since the attack, Shirine Khoury-Haq said the breach had a “devastating” impact [...]
Arrests made after M&S, Co-op and Harrods cyber attacks July 10, 2025 Four people, including three teenagers and a 20-year-old woman, have been arrested in connection with a wave of cyber attacks that crippled M&S, the Co-op and Harrods. The group allegedly unleashed ransomware that stole millions of customer records, shut down online orders and left supermarket shelves bare. The National Crime Agency (NCA) said the individuals [...]
Morrisons taps Google’s Gemini AI to solve the supermarket scavenger hunt July 9, 2025 Morrisons has rolled out a generative AI-powered tool, backed by Google Cloud and Gemini, that helps customers find products in store, part of its ongoing digital revamp and data infrastructure overhaul, Morning Wire can reveal. The feature allows users to type in queries for items, ranging from ‘tahini’ to ‘that tomato puree in a tube’, [...]
This is why billions of passwords were leaked in Apple and Google breach June 24, 2025 A trove of around 16bn passwords and usernames linked to major online platforms – including Apple, Google, Facebook, Microsoft and dozens of government services – has surfaced online, in what researchers are calling one of the largest known compilations of stolen credentials. Initial reports caused confusion, suggesting direct breaches of platforms like Apple and Google. [...]
NCC Group pivots on cyber security amid rising demand June 19, 2025 FTSE 250 tech firm NCC Group said it was changing the strategic direction of its cyber security division after revenue took a hit in the first half of the financial year. NCC’s revenue from cyber security tumbled nearly eight per cent to £123.5m for the first half of the year, down from £133.9m for the [...]
UK unveils cyber security war chest after M&S and Co-op attacks June 18, 2025 The UK government has launched a £16m war chest with the aim to accelerate growth in the country’s cyber security industry in the wake of high-profile attacks against the likes of M&S, the Co-op and Harrods in recent months. Unveiling the funding, the Department of Science, Innovation and Technology (DSIT) said the cyber growth action [...]
Bank of England loses hundreds of laptops amid rising cyber threats June 13, 2025 The Bank of England has come under fire after losing hundreds of tech devices worth nearly £300,000. Figures seen by Morning Wire reveal the Bank of England lost or had stolen over 300 laptops, tablets and phones between May 2022 and March 2025. Patrick Sullivan, chief executive of think tank Parliament Street, said: “The Bank [...]