5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

Putin poised to unleash cyber attacks on UK, minister warns

by
November 25, 2024
in Investing
0
Putin poised to unleash cyber attacks on UK, minister warns

The UK faces an imminent threat of crippling cyber attacks from Russia, capable of “turning out the lights for millions,” a senior minister will warn at a NATO cyber defence conference in London.

Pat McFadden, the Chancellor of the Duchy of Lancaster, is expected to highlight Russia’s readiness to wage cyber warfare targeting critical infrastructure and businesses, urging firms to bolster their defences.

Mr McFadden will describe Russia as “exceptionally aggressive and reckless” in the cyber domain, seeking to destabilise nations that support Ukraine. He will caution that Russian attacks could shut down power grids and disrupt the UK economy, emphasising that both the state and independent cybercriminals aligned with the Kremlin are actively widening their targets to NATO members.

“Russia’s cyber capabilities can be as destabilising and debilitating as military action,” Mr McFadden will state, adding that hackers have already targeted the UK’s energy networks, telecoms, and democratic institutions. Recent NHS hospital hacks, thought to involve Russian groups, postponed over 800 operations, including critical cancer treatments.

Mr McFadden will also underline the growing sophistication of “hacktivist” groups acting independently of the Kremlin but with tacit approval. He will cite attacks on local councils and NATO allies as examples of how these actors are expanding their reach and wreaking havoc.

“These groups are unpredictable and capable of inflicting significant damage with a single miscalculation,” he will say. “Putin is happy to exploit any gaps in our defences, targeting British businesses and infrastructure.”

The government is preparing the Cyber Security and Resilience Bill to strengthen the UK’s cyber defences. The proposed legislation will empower regulators, compel businesses to report attacks, and require essential infrastructure providers to secure their supply chains. Ministers are also engaging with business leaders to improve cyber defences amid estimates that cybercrime costs the UK £27 billion annually.

The warning comes as tensions escalate following Russia’s threats to target nations supplying Ukraine with weaponry, including the UK’s Storm Shadow missiles. Last month, Russia tested an intermediate-range missile and hinted it could retaliate against Western nations, adding further urgency to the need for robust cyber protections.

Previous Post

Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future

Next Post

Enforced office mandates drive workers to seek flexible roles

Next Post
Enforced office mandates drive workers to seek flexible roles

Enforced office mandates drive workers to seek flexible roles

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Rice tariff stays at 15% till November

    Rice tariff stays at 15% till November

    July 9, 2025
    Income-price gap keeps Filipino families from owning homes — ULI

    Income-price gap keeps Filipino families from owning homes — ULI

    July 9, 2025
    NCR wage hike unlikely to stoke prices

    NCR wage hike unlikely to stoke prices

    July 9, 2025
    S&P sees 11-13% loan growth in next 2 years

    S&P sees 11-13% loan growth in next 2 years

    July 9, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.