Cybersecurity

Labour violations, cybercrime, and consumer protection breaches spike during the holiday season, with LSEG data showing 67% of new violations registered in October-December 2023. Seasonal hiring, increased workload demands, and financial pressures create vulnerabilities for workers and consumers to exploitation and fraud.

Research shows significant increases in the UK’s ‘Fraudscape’ – with 64% of fraudulent filings being identity fraud and a 900% per annum rise in deepfake videos.

Last week, a small business in Maidenhead fell victim to a cyberattack that resulted in a significant financial loss of approximately £20,000.

Three in ten say that being a victim of fraud has harmed their mental health, leading them to seek help with anxiety and depression.  

A recent report has uncovered a concerning surge in phishing attacks, with 94% of companies falling victim to these malicious tactics in the past year.

1/4 of employed Brits, equivalent to 7 million workers, opt to work in cafes instead of at home or the office. But is it safe to conduct professional work in a public setting?

In light of the newly passed Online Safety Act 2023, businesses must prepare for a significant transformation in their online operations to ensure the safety of users.

Extreme weather events have now surpassed threats to IT infrastructure as the top operational risk according to business perspectives.  

The majority (59%) of mid-sized companies are reporting less confidence in detecting cyber threats compared to just over half of enterprises (52%), according to new research.

As technology continues to advance at a rapid rate, financial crime has taken on a new dimension, posing a multifaceted threat to financial institutions.