Nationwide strengthens cybersecurity as AI-powered threats surge

A hand holding a glowing digital padlock symbol, representing cybersecurity and data protection. The background is blurred with soft lights, creating a futuristic atmosphere.
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Nationwide has partnered with cyber skills platform Capslock to launch a training programme designed for its technology employees.

Under the new partnership, Capslock will support Nationwide’s onboarding, training and role allocation for new employees in its cybersecurity function. The main goal of this deal is to create a cyber-first culture within the company.

The programme includes a 16-week curriculum that aims to simulate real-world cybersecurity scenarios, promoting a team-oriented, problem-solving approach. Nationwide has also revealed that graduates will earn Ce-CSP certifications.

Beyond practical knowledge in risk, process and technology, the programme will focus on building key skills in areas such as ethics, resilience and business continuity.

David Boda, Chief Security and Resilience Officer at Nationwide, commented: “There’s always something new to learn when you work in cyber, but this makes staying ahead of the threat landscape challenging. You need different perspectives if you want to succeed.

“We feel that companies like Nationwide have a responsibility to help develop the UK’s cyber security skillset. That’s why we’ve partnered with Capslock – to bring more diversity not just into the company but into the UK cyber industry as a whole.”

Over recent years, cybersecurity has become increasingly important. According to data from TwentyFour IT Services, cyberattacks cost UK organisations an estimated £27,000 per year. 

David Shepherd, SVP EMEA at Ivanti, told Payment Expert that cyber threats are evolving at an “alarming rate”, emphasising the need for skilled professionals who “can think like cybercriminals”. 

“Simply defending against known threats isn’t enough. Organisations need experts who anticipate emerging tactics and develop innovative countermeasures. That’s why Nationwide’s approach sets the standard,” Shepard added. 

“By simulating a real-world cyber security workplace, businesses can create a proactive, forward-thinking workforce that stays one step ahead of cybercriminals. This approach also aligns with broader industry efforts to close the cybersecurity skills gap, especially as AI-powered threats surge.”

Cybersecurity doesn’t just pose a problem because of hackers or bad actors, but because firms risk being penalised if security isn’t up to standard. This was made clear last month when the New York State Department of Financial Services charged PayPal a US$2m penalty for failing to maintain the state’s strict cybersecurity regulations.

Due to these large penalties, Shepard believes that “cybersecurity should be seen as a value-add, not a cost centre”.