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Entrepreneur UK's London 100: Risk Ledger
Entrepreneur UK's London 100: Risk Ledger

Entrepreneur

timea day ago

  • Business
  • Entrepreneur

Entrepreneur UK's London 100: Risk Ledger

Industry: Cybersecurity Haydn Brooks, CEO and co-founder, founded Risk Ledger to solve the efficiency and effectiveness flaws at the heart of third-party risk management (TPRM). It's no longer enough to focus solely on the security of direct suppliers and partners. "Recent attacks like SolarWinds, Log4J, and MOVEit Transfer have shown how vulnerabilities in the extended supply chain – beyond just third parties – can cause serious harm. Today's complex, interconnected supply chains require a new approach," says Brooks. Risk Ledger brings together security teams at client organisations with those of their suppliers and industry peers, creating a community that can Defend-as-One against supply chain attacks. This shifts TPRM from being a reactive, administrative risk management task to becoming a form of active cyber defense.

Cyber crisis stings M&S shares for fourth week with the firm's value down by £1.3bn since the attack
Cyber crisis stings M&S shares for fourth week with the firm's value down by £1.3bn since the attack

Daily Mail​

time12-05-2025

  • Business
  • Daily Mail​

Cyber crisis stings M&S shares for fourth week with the firm's value down by £1.3bn since the attack

Marks & Spencer shares plunged again as it entered the fourth week of its cyber crisis – with the firm's value dropping by £1.3billion since the attack. The High Street retailer has had to suspend online fashion and homeware shopping following a hack thought to be the work of teenage criminals. Some stores are lined with empty shelves as chaos from the attack over the Easter bank holiday continues. M&S has been hit by an estimated £68million of lost online business. Shares fell 3.3 per cent yesterday. This means they are down nearly 16 per cent since the attack. Hackers named DragonForce claim to have stolen the data of millions of customers and said they are trying to force their victims to pay a ransom. It also says it hacked the Co-op and Harrods. Justin Kuruvilla, at UK-based supply chain security specialist Risk Ledger, said it was tricky to predict when the website would be up and running again. 'The last thing M&S will want is to have overlooked a backdoor left open by the attackers that can then be used to regain entry,' he said.

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