Cybercrime exploits a weakness common to all companies: their people. Criminals don’t need tech skills to hack through a firewall, they can simply dupe unwitting employees into helping them. A $25m cybercrime at engineering firm Arup only began after an employee signed off 15 transactions following a video call seemingly with ...
Honeywell and Polish state defence company Wojskowe Zakłady Lotnicze Nr 1 (WZL-1) have signed an agreement to establish an authorised maintenance, repair and overhaul centre for the AGT 1500 gas turbine engine that powers the M1 Abrams tank, creating what will be the only facility of its kind in Europe. The ...
Thirteen British technology companies have been awarded contracts worth up to £4 million each through the Ministry of Defence’s accelerated contracting vehicle Commercial X, as the government moves to open up new routes into defence for small and innovative businesses, less than four months after the programme was announced. The contracts ...
The Ministry of Defence has renamed its primary industry-facing communications channel from “Defence Procurement” to “National Armaments Partnering,” in a change that is small in appearance but significant in what it signals about how the MoD wants to engage with its supplier base. The National Armaments Partnering page, operated by the ...
June 9, 2026
Counting the cost of cybercrime
Cybercrime hits businesses where it hurts. While stolen cash leaves a hole, a damaging data breach brings a reputation that
