Britain to warn companies cyber security must be 'absolute priority'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
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Source: Reuters
Cybersecurity Warning for UK Companies: The British government is urging all UK businesses to prioritize cybersecurity following recent attacks on major retailers, including Marks & Spencer and Harrods. A speech at the upcoming CyberUK conference will emphasize the need for enhanced national defenses and new legislation, the Cyber Security Bill.
Impact of Cyber Attacks: Marks & Spencer experienced significant disruptions due to a ransomware attack, halting online orders and affecting payment services. The rise in cyberattacks has cost British companies millions and caused prolonged operational challenges.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
