"Cyber attacks surged into prominence in 2025, inflicting significant financial damage on major British businesses and exposing widespread vulnerabilities across the economy. High-profile targets included automotive giant Jaguar Land Rover, retail stalwart Marks & Spencer, and luxury department store Harrods, underscoring how firms of all sizes are susceptible to sophisticated digital threats. Andrew Bailey, Governor of the Bank of England, articulated his belief that cyber attacks represent one of the most substantial threats to UK financial stability, stressing the "critically important" need for collaborative defence."
"Mike Maddison, chief executive of cyber security firm NCC Group, described 2025 as a "tipping point." He stated: "Cyber attacks are far from new, but 2025 has shown just how deeply cyber risk is intertwined with economic stability and business continuity." Data from NCC Group revealed a record-breaking surge in global ransomware attacks, with 590 incidents recorded in January and 886 in February."
The Independent covers reproductive rights, climate change, and Big Tech, sending reporters to developing stories and producing documentaries such as 'The A Word' about American women fighting for reproductive rights. The outlet avoids paywalls and requests donations to fund on-the-ground journalism. Cyber attacks surged in 2025, causing significant financial damage to major British firms including Jaguar Land Rover, Marks & Spencer, and Harrods, exposing systemic vulnerabilities. Bank of England Governor Andrew Bailey warned that cyber attacks pose substantial threats to UK financial stability and called for collaborative defence. NCC Group recorded record ransomware incidents, with 590 in January and 886 in February.
Read at www.independent.co.uk
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