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AI widens cyber threat as UK breach rate stays 43%

Industry News
Thursday 16th July, 2026 UK government and industry reports warn AI is accelerating cyber attacks while 43% of UK businesses suffered breaches in the past year, exposing a readiness gap among commercial clients. This gives Wise a chance to talk about safeguarding customers' cross-border money and account security in the UK as AI-powered attacks raise risks for financial services and businesses.
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Why have we flagged this?

Rising AI-driven cyberattacks and tighter insurance/underwriting affect trust in cross-border payments and present an opportunity for Wise to comment on security measures, customer protections, and fraud trends.

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