United Kingdom (UK) stories - Page 94

From 1st September, UK firms face unlimited fines under new anti-fraud laws holding companies liable for fraud by associates benefiting the business.

UK tech leaders now view the domestic market as more attractive for growth than the US, Europe, or Asia-Pacific, citing strong opportunities and talent.

Porsche introduces multiplayer gaming in its new Macan, letting passengers play via smartphones on the infotainment system when parked or moving.

Atlas Consolidated raised USD $18.1 million to boost growth of HugoHub, its fintech platform cutting banking tech costs by up to 90% for global banks.

Nearly half of UK public sector IT leaders warn cyber defences lack funding and skills amid rising complexity and budget constraints.

Fergus has appointed Hugh Walker as Head of Customer Experience to lead customer teams and enhance its job management software platform globally.

Paul Nannetti has been appointed Chair of Ekco to drive growth in managed cloud and cybersecurity services across the UK, Ireland, and the Netherlands.

Cyberattacks on the financial sector have surged 25% in 2024, with phishing leading and nearly half of employees prone to clicking malicious links.

Financial firms face a 25% rise in cyberattacks in 2024, with supply chain breaches and AI-driven phishing posing major risks, says new KnowBe4 report.

A new study shows 61% of UK retailers now have AI leadership, using technology to boost resilience amid a decade of falling sales and tough competition.

Microsoft aims to complete its quantum-safe security rollout by 2033, integrating post-quantum cryptography across Windows, Azure and Microsoft 365 to counter future threats.

ANNA Money used an AI agent to fully register a UK business account online, completing all identity checks and payments autonomously in a groundbreaking test.

Keyloop partners with Kortical to embed AI in its software, boosting UK automotive dealers' finance renewal rates by an average 7.1% in early trials.

Most UK firms suffer cyber breaches due to insecure coding, with 67% hit last year and 40% lacking regular secure coding training for developers.

Paul Smith has appointed Verde Digital to enhance its global SEO, aiming to expand reach in the luxury market through targeted, innovative digital strategies.

Outpost24 appoints Ariel Katz as Chief Corporate Development Officer to lead strategic growth via mergers, acquisitions, and partnerships in cybersecurity.

L'Oréal UK and Ireland is the first beauty firm appointed National Ambassador to aid UK SMEs in strengthening cyber resilience and combating cyber crime.

Four in five gamers have encountered cheating, with 55% reducing in-game spending, posing serious revenue risks for game studios worldwide.

Prommt partners with Payit by NatWest to enhance open banking payments, offering UK businesses instant, secure transactions and improved customer experience.

Fintech firm Yaspa has launched a tech hub in Leeds, aiming to recruit 20 software engineers to boost its payments and AI services by 2025.