Safeguard Your Business: HMRC Alerts on VAT Bank Details Fraud

In a recent development, HMRC has issued a critical warning regarding fraudulent activities targeting businesses’ VAT repayments. Exploiting Form VAT 484, fraudsters manipulate businesses’ contact, return, and bank details, posing a significant threat to financial security.

Continue reading

Phishing email – Think that you won’t open one?

We all send emails daily. Yet, an increasingly large number of emails are a phishing email. Phishing (pronounced “fishing”) emails are sent by criminals who want you to give them your personal details. The email will ask you to fill in a form or to click on a link and download code to your computer – this allows the criminals to simply gather information or more severely, attack your IT system by implanting malware: software that will disrupt or destroy your data or tools or install ransomware, which encrypts data that will only be released once the victim has paid a ransom. Cybercrime is sadly rife.

Continue reading

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.

Continue reading

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?

Continue reading