Dossier
Cyber-crime
Coverage of Cyber-crime in the Nexus archive.
- Boost City regulator’s powers to help protect UK consumers from AI, says watchdog
The Financial Conduct Authority (FCA) has called for stronger regulatory powers to protect UK consumers from AI-related risks, including cyber-crime and fraud, as AI reshapes financial services by 2030. The review highlights a shift from human-led to AI-enabled services in the sector.
- Cyber-crime increasingly coming with threats of physical violence
Cyber-crime is increasingly involving threats of physical violence, with hackers intimidating staff in addition to sneaking into computer systems. This shift in tactics is a notable change in the way cyber-crimes are being committed. The intimidation of staff is now more common than it used to be.