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President signed memorandum giving private sector a role in fighting ‘transnational criminal organizations’Donald Trump signed a memo on Wednesday that aims to give private companies the power to carry out offensive cyber-attacks against foreign criminal entities.The president ⁠signed a ​national security presidential memorandum directing his administration to “leverage the capability and innovation of the private sector to help conduct these ⁠cyber operations under the direction, cont

Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economyThe Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers.From Monday, the Bank and fellow City regulator the Financial Conduct Authority (FCA) will be in charge of ensuring that four large-scale pr