A software outage that has affected the running of the NHS 111 service across the UK was caused by a cyberattack on managed services provider Advanced. The incident, first reported early on Thursday 4 August, affected several of the firm’s healthcare customers, but it says the majority of the 140 NHS trusts that use its software were unaffected.

The FCA has appointed Ruairi O’Connell, OBE, as the new director of international. He will be responsible for helping to shape the FCA’s international strategy as well as overseeing the organisation’s international engagement including matters arising from the UK withdrawal from the EU.

The majority of global semiconductor businesses are still operating with “questionable” risk management strategies, with just 29% reporting supply chain risk management as embedded in strategic planning, capital allocation and other business processes, according to a new report.

The Competition and Markets Authority has today said it will be scrutinising sustainability claims made about fashion products by ASOS, Boohoo and Asda. Part of the CMA’s ongoing probe into potential greenwashing, the investigation follows concerns around the way the firms’ products are being marketed to customers as "eco-friendly".

Former Sungard resilience lead, Chris Butler, has joined Databarracks as a managing consultant.

The global commercial insurance industry is predicted to continue its growth trajectory over the next decade, with estimates suggesting the sector could generate revenues of more than £542m by 2028 globally, compared with £287m in 2020. Despite this positive outlook, fears are growing of a number of external challenges to the industry’s success, according to KPMG’s Future of Large Commercial Insurance report.