Ledger archive
Wicked Bank shares suspended after 31% plunge wipes £2.4bn off value
Trading was halted at 9:07am. Analysts at three City houses cut their rating to ‘sell’ within the hour, citing "a total loss of confidence in the bank’s controls."
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Police seal Lombard Street as fraud squad joins bank inquiry
Officers from the economic crime unit were seen carrying servers from the building.
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The woman they call when the lights go out
Paula Sinclair started High Tech Inc in a box room above a launderette. This week her firm is running the cleanup on Wicked Bank, Planet Energy and a third breach nobody will name yet. We met her between crises.
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Planet Energy chief: 'We will not pay the ransom'
Regulator Ofgem is monitoring supply to 1.3m homes.
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Wicked Bank frozen as £40m vanishes overnight
Britain's third-largest lender shut every branch and froze 2.1 million accounts after a four-hour intrusion drained funds in the small hours of Friday. Regulators were not told for nine days. The Daily Ledger has seen the internal breach log.
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Planet Energy hit by 'ransom' blackout threat to the National Grid
Attackers gave the supplier 72 hours before "the lights go out across three counties." Ofgem is monitoring supply to 1.3m homes.
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We were warned. Repeatedly. And we filed it under 'later'.
Editorial Annual training is a compliance cop-out, and Friday proved it.
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MPs demand emergency hearing over banking 'chaos'
The Treasury Select Committee will sit on Thursday morning.
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The nine-day silence is the real scandal
The money matters. The cover-up matters more.
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If a bank this big can fall in four hours, none of them are ready
Helen Marsh on why 'human error' is a design failure, not an excuse.
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Savers told accounts are 'safe' — but cannot access a penny
The compensation scheme covers balances up to £85,000 per person.
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Insurers brace for record cyber payout claims
Premiums for breach cover have doubled since January.
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The fake email that started it all: 'Action required, payroll'
A single click on a Tuesday is now the working theory of investigators.
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'No way to pay': the Croydon families left stranded at the till
When cards stopped working nationwide, the abstraction of forty million pounds became very real.
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Stop blaming 'human error'. Start designing for humans
Guest column by Paula Sinclair, founder of High Tech Inc.
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The 12 passwords still running British banks
A Ledger investigation into the credentials that never expire and the people who never change them.
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Cross-border task force traces stolen funds through eleven shell accounts
Investigators believe the money left the country before sunrise on Friday 6 June.