The Information Commissioner’s Office (ICO) has hit London-headquartered Capita with a £14 million fine after the outsourcing business failed to protect the personal information of millions of customers during a data breach.
The chief executive and co-founder of British digital bank Revolut has switched his country of residence from the UK to the United Arab Emirates (UAE).
British luxury department store Harrods has been contacted by the hackers behind a data breach at one of its third-party providers which impacted 430,000 customer records.
Following prime minister Keir Starmer’s announcement for plans to launch a new digital ID scheme last week, concerns have been raised about digital exclusion, data protection, and a potential threat to innovation.
The UK's trade association for financial services, along with top banks in the country, have rolled out a new pilot to test the first UK live transactions of tokenised sterling deposits (GBTD).
The Co-operative Group (Co-op) has admitted that a cyber-attack on its systems in April has slashed its revenues by £206 million in the first half of the year.