H
technology
H
HOYONEWS
HomeBusinessTechnologySportPolitics
Others
  • Food
  • Culture
  • Society
Contact
Home
Business
Technology
Sport
Politics

Food

Culture

Society

Contact
Facebook page
H
HOYONEWS

Company

business
technology
sport
politics
food
culture
society

CONTACT

EMAILmukum.sherma@gmail.com
© 2025 Hoyonews™. All Rights Reserved.
Facebook page

‘Attacks will get through’: head of GCHQ urges companies to do more to fight cybercrime

1 day ago
A picture


Companies need to do more to mitigate the potential effects of cyber-attacks, the head of GCHQ has said, including making physical, paper copies of crisis plans to use if an attack brings down entire computer systems.“What are your contingency plans? Because attacks will get through,” said Anne Keast-Butler, who has headed GCHQ, the British government’s cyber and signals intelligence agency, since 2023.“What happens when that happens to you in a company, have you really tested that?” said Keast-Butler, speaking on Wednesday at a London conference organised by the cybersecurity company Recorded Future.“Your plans … have you got them on paper somewhere in case all your systems really go down? How will you communicate with each other if you’re completely reliant on a system that actually you shut down?”Last week, the National Cyber Security Centre, which is part of GCHQ, announced figures showing that “highly significant” cyber-attacks have risen by 50% in the past year.Security and intelligence agencies are now dealing with a new attack several times per week, the figures showed.

Keast-Butler said the government and business needed to work together to tackle future attacks and improve defensive systems, as modern technology and artificial intelligence make the threats more diffuse and reduce “the entry level capability” that malicious actors need to do damage,She said work with internet service providers to block malicious websites at source was “blocking millions of potential hits” but said major companies needed to do much more to protect themselves,On Tuesday, a report by the Cyber Monitoring Centre (CMC) said the hack of Jaguar Land Rover had cost the UK economy an estimated £1,9bn, which could make it the most costly cyber-attack in British history,JLR had to shut down systems across all its factories and offices after the attack in August, and may not be able to return to normal production capacity until January.

Keast-Butler said “[there are] far, far, far more attacks that get stopped than the ones that we’re focusing in on”, but added that the increased publicity around the JLR and several other major cyber-attacks provided a good moment to ram home the importance of cybersecurity protocols.She said she spoke regularly to CEOs of major companies and one of her messages to them was that they need to put people who understand cybersecurity on their boards.“Quite often, the way boards are configured, they don’t have people who will know the right questions to be asking.So the interest is there, but the right questions don’t get asked,” she said.Earlier this year, the Co-op Group suffered a cyber-attack that cost it up to £120m in lost profits and compromised the personal data of some of its members.

Shirine Khoury-Haq, the group’s CEO, released an open letter in the aftermath detailing the importance of cybersecurity drills to build strategy on how to deal with an attack.“The intensity, urgency and unpredictability of a live attack is unlike anything you can rehearse.That said, those drills are invaluable; they build muscle memory, sharpen instincts, and expose vulnerabilities in your systems,” wrote Khoury-Haq.Keast-Butler encouraged companies to share information on attacks with government agencies, saying that “safe spaces” had been set up to enable them to do so without the risk of giving away commercially sensitive information to competitors.“I think sometimes people are a bit too reticent to come forward because there’s a sort of personal thing on them or their company as a whole.

And that doesn’t help any of us, because then they’re not making the kind of long-term strategic systems changes that we can help out with,” she said.
businessSee all
A picture

Car production slumps to a 73-year low after JLR cyber-attack

Car production in British factories slumped in September to the lowest level for the month since 1952 after Jaguar Land Rover was hit by an unprecedented cyber-attack.JLR, Britain’s largest automotive employer, was forced to shut down all its computer systems at the start of September and was unable to make another car until early October.That contributed to a 27% slump in total UK car production in September compared with the same month a year earlier, according to the Society of Motor Manufacturers and Traders (SMMT), a lobby group.Car output dropped to 51,100, from 70,000 in September 2024, while output for the first nine months of the year was down by 8%. Van production has also slumped by nearly 40% so far this year, after the closure by the Vauxhall owner Stellantis of its factory in Luton

1 day ago
A picture

Battle between Netherlands and China over chipmaker could disrupt car factories, companies say

Car companies across Europe and Japan including Volvo, Volkswagen, Honda and Nissan have warned that the battle between the Netherlands and China over control of the chipmaker Nexperia could hit production at factories.Last week’s decision by the Dutch government to take control of the Chinese-owned chipmaker, which is based in the Netherlands, has sent shock waves across the car industry, which is already facing potential shortages of products such as magnets amid China’s latest restrictions on rare earths exports.The Hague said at the time that it was taking control of Nexperia to safeguard Europe’s supply of semiconductors and that it had invoked a cold-war era law to take effective control of the company following concerns raised by the US about the Chinese owner, Wingtech.That decision caused an immediate rift with Beijing, which banned all exports from the chipmaker, escalating the already tense relations between China and the US before a potential meeting between Donald Trump and Xi Jinping next week in Korea.The Japan Automobile Manufacturers Association, whose members include Nissan, Toyota, Honda and Mazda, said on Thursday it had received a warning from Nexperia that chips could now be in short supply, potentially holding up manufacturing

1 day ago
A picture

UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – as it happened

British manufacturers see the weakest prospects for orders over the next three months since 2020, new data from the Confederation of British Industry shows.The CBI’s latest healthcheck on manufacturing has found that business sentiment deteriorated this month, with goods producers expecting the total volume of new orders to decline in the three months to January.Business sentiment deteriorated in October. Export optimism for the year ahead also declined further. pic

1 day ago
A picture

Oil price jumps and FTSE 100 hits new high after Trump puts sanctions on Russian firms

Oil prices jumped and energy companies helped the FTSE 100 to a record high after Donald Trump announced new sanctions on Russia’s two biggest oil producers.Brent crude increased by 5.7% to $66.13 a barrel after the news of the fresh restrictions on Rosneft and Lukoil, as the US president ramps up pressure on Vladimir Putin to end the war in Ukraine.The jump in oil price also boosted shares in the energy companies Shell and BP by about 3%, which in turn helped to drive the FTSE 100 to a record high of 9,594

1 day ago
A picture

Dining out ‘under pressure’ as Britons cut back due to price rises, says YouGov

More than half of British diners say rising prices are the main reason they are eating out less, according to YouGov data showing that overall 38% of people are visiting restaurants and other eateries less often than a year ago.Among those cutting back, 63% cite higher costs as the main reason to dine out less frequently, according to the poll. Despite this downturn, more than two in five are still choosing to eat out at least once a month, while 8% of people say they never do.UK inflation was unchanged last month at 3.8%, confounding expectations of a rise, in welcome news for the chancellor, Rachel Reeves, as she plans her crucial budget next month

2 days ago
A picture

Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales

The estate agency Foxtons has warned of weak sales for the rest of the year as economic uncertainty and potential property tax changes in next month’s budget deter buyers, sending its shares sharply lower.The London-focused company, known for its green-and-yellow Mini cars, said buyers had been holding off ahead of the budget on 26 November, which is a month later than usual.Slower-than-expected interest rate cuts from the Bank of England are also having an impact by affecting the cost of mortgages, it said. As a result, “sales are likely to remain subdued for the rest of the year”, with a risk that revenues in the fourth quarter could fall below management’s expectations.Guy Gittins, the chief executive who started his career at Foxtons in 2002 and returned to lead the company three years ago, said: “Macroeconomic uncertainty and speculation surrounding the delayed autumn budget has resulted in a subdued sales market as some buyers adopt a ‘wait and see’ attitude to purchases

2 days ago
trendingSee all
A picture

NatWest boss warns against higher bank taxes as lender’s profits rise 30%

about 21 hours ago
A picture

Dash for gold helps drive retail sales in Great Britain to three-year high

about 23 hours ago
A picture

Amazon reveals cause of AWS outage that took everything from banks to smart beds offline

1 day ago
A picture

Trump pardons founder of Binance, world’s largest crypto exchange

1 day ago
A picture

NBA gambling scandal shines harsh light on US sports’ embrace of betting

about 13 hours ago
A picture

NFL hands down $315k in fines over Giants’ concussion protocol violations

about 14 hours ago