Hot topics close

Business Secretary Kwasi Kwarteng will hold talks with Paula Rosput Reynolds against a backdrop of elevated ...

Business Secretary Kwasi Kwarteng will hold talks with Paula Rosput Reynolds against a backdrop of elevated
Business Secretary Kwasi Kwarteng will hold talks with Paula Rosput Reynolds against a backdrop of elevated concerns about a wave of state-sponsored Russian attacks, Sky News learns.

Business Secretary Kwasi Kwarteng will this week hold talks with the chair of National Grid amid anticipation of a surge in state-sponsored cyber attacks from Russia.

Sky News understands that Paula Rosput Reynolds, who took over as National Grid's chair last year, will meet with Mr Kwarteng to discuss a range of issues, including the ongoing threat to Britain's critical energy infrastructure.

One source described the meeting as "routine" but acknowledged that it had acquired greater significance as a consequence of Russia's invasion of Ukraine.

Please use Chrome browser for a more accessible video player

Sky News has verified footage showing what appear to be Ukrainian soldiers engaged in combat and inspecting abandoned Russian armoured vehicles.1:24
Urban combat and deserted vehicles in Kharkiv

Mr Kwarteng last week summoned the boss of BP, Bernard Looney, to express the government's "concern" at its commercial interests in Russia, including its stake in the state energy giant Rosneft.

Corporate boardrooms are on high alert for a wave of state-sponsored cyber threats, with banks, energy companies and airlines undertaking additional work to strengthen their defences against such attacks.

Last week, Charlie Nunn, the Lloyds Banking Group chief executive, said the lender had been focused on the issue for "a couple of months".

"I know that our colleagues and other companies in the UK have been focused on their cyber protection as well," he added.

More on Cyberattacks
Related Topics:

Financial and energy regulators have intensified their communications with the companies they oversee to enhance their monitoring of cyber-related threats.

Key developments in the Ukraine crisis:

• Putin orders nuclear deterrent forces to be put on high alert• Zelenskyy: Ukraine and Russia to hold talks at Belarus border• Ukraine claims control of key city Kharkiv after fierce clashesForeign secretary warns conflict could last 'years'• 'Hit list' of Russian oligarchs drawn up

National Grid said in relation to its readiness for an escalation in cyber attacks against it: "Our robust systems enable us to monitor, detect and protect our network to keep energy flowing.

"We work closely with government, industry partners and regulators to protect our network from current and future threats."

News Archive
  • Oatly
    Oatly
    Diesel passes 150p per litre in UK; Oatly shares sink after revenue warning – business live | Business | The Guardian
    15 Nov 2021
    5
  • Mishal Husain
    Mishal Husain
    Why Mishal Husain is really leaving the BBC
    17 Dec 2024
    6
  • Ilias Chair
    Ilias Chair
    QPR release statement after Ilias Chair jailed 'for breaking man's ...
    23 Feb 2024
    5
  • Sweetbreads
    Sweetbreads
    Greg Rutherford MasterChef blunder with raw sweetbreads in semi final
    9 Oct 2019
    2
  • Harry Gregg
    Harry Gregg
    Harry Gregg: Funeral of Munich air disaster hero to take place in Coleraine on Friday
    17 Feb 2020
    6
This week's most popular news