HSBC to buy Silicon Valley Bank UK for £1 in rescue deal

Last week, we experienced the second-biggest crash in US banking history since 2008 with the collapse of Silicon Valley Bank (SVB), a bank used by thousands of tech startups. The crash, understandably, sent panic waves throughout the global startup ecosystem, with plenty of concern in Europe about what would happen to startups dependent on the […]

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Tech Nation shuts down: what’s next?

Tech Nation, one of Europe’s most iconic ecosystem builders, has shut down after more than 10 years in operation. The nonprofit, which received the majority of its backing from the UK government, lost its grant funding to a programme run by Barclays Bank Eagle Labs, and its closure has sent shock waves through the startup […]

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Royal Mail warns of severe disruption after ‘cyber incident’

U.K. postal service Royal Mail has said it’s experiencing “severe service disruption” following an cyber incident. In a statement published Wednesday, Royal Mail said it was unable to dispatch export items including letters and parcels to overseas destinations as a result of the cyberattack. It added that international parcels that had already been dispatched “may […]

Royal Mail warns of severe disruption after ‘cyber incident’ by Carly Page originally published on TechCrunch

UK government is scanning British internet space for zero-day threats

The U.K.’s National Cyber Security Centre has launched a new program that will continually scan every internet-connected device hosted in the United Kingdom for vulnerabilities to help the government respond to zero-day threats. The NCSC, part of the Government Communications Headquarters that acts as the U.K.’s public-facing technical authority for cyber threats, says it launched […]

UK government is scanning British internet space for zero-day threats by Carly Page originally published on TechCrunch