Banking associations are urging for the withdrawal of a proposed cyber incident rule which could increase regulatory burden on banks. They argue that the rule is unnecessary and could lead to potential overlap with existing regulations, causing confusion and increasing costs for banks.

M&S issues update as crippling nationwide IT outage still ongoing – The Sun
Marks & Spencer (M&S) halted online orders in the UK and Ireland following a cyber attack, leading to a 5% drop in share price. Physical