With increasing scrutiny on government spending, federal agencies are under significant pressure to optimize their IT budgets while enhancing their cybersecurity defenses. The unchecked proliferation of security tools has led to inefficiencies, reduced visibility, and an increasing total cost of
The UK financial services sector is facing an unprecedented wave of cyber threats driven by advancements in AI technology, raising concerns about its preparedness and resilience. Newly released data from Bridewell's Cyber Security in Critical National Infrastructure: 2025 report highlights
A significant data breach at WK Kellogg Co. has been traced back to vulnerabilities in the Cleo file transfer software. Unauthorized access to sensitive employee data occurred on December 7, 2024. The breach was identified by WK Kellogg on February 27 and reported to the Maine Attorney General’s O
The UK’s first Cyber Seed Fund has been launched by the government-backed British Business Bank, a significant move aimed at supporting early-stage UK cyber startups. The £50 million initiative sees venture capital firm Osney Capital’s Fund 1 planning to invest between £250,000 and £2.5 million in a
The UK cybersecurity sector is set on an ambitious trajectory, driven by innovative investments like Osney Capital’s new venture capital fund. With a successful initial round raising £50 million, the fund is specifically designed to empower early-stage cyber enterprises. The focus on pre-seed and se
Cybersecurity weaknesses are costing UK small and medium-sized enterprises (SMEs) billions annually, as highlighted in a detailed report by Ryan Daws. The findings, based on a comprehensive study conducted by Vodafone Business, reveal the staggering financial losses and the profound impact of cyber