Cyber Security

Fraud Awareness Week: Keeping safe against scams

There are always scams circulating online, whereby scammers will attempt to gain access to personal information or money by targeting individuals or businesses with fraudulent communications. The two main ways that this is achieved is through online scams and payment fraud. With the COVID-19 pandemic came many new ways that scammers are attempting to commit fraud. Unfortunately, businesses in need are being targeted, with scammers offering money whilst claiming to be compensation, or sending fraudulent links to these business owners.

Threat of cyber attacks on the rise for finance businesses

Financial companies are being warned to be more vigilant than ever with their data protection and cyber security. 

Recent research conducted by data security company Clearswift has concluded that 70% of companies in the financial sector have experienced a cyber security incident in the last 12 months.The research found that almost 50% of the incidents reported were due to employees failing to follow security and data protection policies.