Cyberattacks – why FDs and CIOs need to collaborate

The growing threat of cyberattacks remains for all UK businesses. It could result in Cyber Vandalism – such as the publication of a fake terror attack at UK stations thanks to an admin error that impacted National Rail, fake voices and images – known as a deepfake attack – scammed the British design firm Arup out of $25m (£19m) or a ransomware attack on payroll data at the Ministry of Defence. Incidentally, as well as data, ransomware gangs stole more than $1bn last year, according to US blockchain analysis firm Chainalysis. 

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COVID19: Homeworking businesses hit by increased fraud

The number of criminals fraudulently attacking businesses is on the increase. There is a lot of news about individuals being targeted during the current pandemic but there is a huge risk to businesses as well. Homeworking businesses are being hit by increased fraud.

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Are you & your business taking action to prevent fraud?

Recently Team HB’s Karen, Amy, Catherine, John and Vicki took part in the ‘Helping to Protect you from Fraud’ seminar run by Lloyds Bank to ensure we adhere to current best practice. Here we share details of the risks facing business today and provide Lloyds resources which set out the steps you can take to protect your organisation from fraud. Are you and your business taking action to prevent fraud?

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