When cheap shares go badly wrong!

Image source: Getty Images As I get older (I’m 55 next month), I find it increasingly easy to admit that I’m wrong. For me, it’s not making mistakes that’s the problem, it’s how I deal with them. Also, they say confession is good for the soul. So here are two …

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City of London traders hit by Russia-linked cyber attack

Trading in the City of London has been plunged into chaos after a Russian-linked ransomware gang attacked a company that plays a key role in Britain’s financial system. Lockbit, the group behind the cyber attack against Royal Mail last month, targeted trading software provider Ion Group on Tuesday. The London-based …

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The corporate world is losing its grip on cyber risk

The Lloyd’s of London insurance market prides itself on being able to put a price on anything — from Tina Turner’s legs or Bruce Springsteen’s vocal cords, to the risk that a bounty hunter might claim the reward from Cutty Sark Whisky in the 1970s for capturing the Loch Ness …

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Are we Losing the War Against Ransomware?

The recent ransomware attacks on The Guardian and the Royal Mail have served to remind us just how widespread and devastating these assaults can be. No sector is safe, with a significant volume of attacks recorded against healthcare, education and government agencies, to name a few. Ransomware is now the number one threat, according …

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Royal Mail recovers more International Tracked services

Royal Mail has spun its International Tracked services back up as it makes steady progress in recovering IT systems that were hit by a ransomware attack, tentatively attributed to the Russian-speaking LockBit group or an affiliate, earlier in January 2023. In an update posted to its consumer-facing portal, Royal Mail …

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