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Newsroom

Correction

There has been an enormous amount of interest in cyber attacks on the financial sector.

From the extensive amount of cyber incidents we deal with, we occasionally produce anonymised illustrative scenarios to help inform industry and the media.

We now understand that we recently provided CNBC with an example referencing a hedge fund and incorrectly presented it as an actual BAE Systems Applied Intelligence client case study rather than an illustrative scenario.  Although the example was a plausible scenario, we believe that it does not relate to a specific company client.  We sincerely apologise for this inaccuracy.  We are taking the necessary action to ensure this type of error does not occur again.