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More than 22,500 people had their social media or email accounts compromised last year, new data reveals.
According to figures from Action Fraud, the UK’s national fraud and cybercrime reporting centre, a staggering 22,530 individuals reported hacking incidents in 2023.
Announcements from the UK government and National Institute of Standards and Technology (NIST) show aims of enhancing governance in cyber security control management systems with hopes of more appropriate protection for firms, an expert has said.
https://www.pinsentmasons.com/out-law/news/uk-government-calls-enhanced-cyber-security-system-governance
Amajor bank is warning over little known 'CEO fraud' impersonation scams which has seen victims lose almost £11,000 on average in the past year.
This is a less common impersonation scam which Lloyds Bank has seen an uptick in and results in the highest average loss amount of this scam type.
With this ruse, scammers pretend to be a senior member of staff at a company and contact the victim - typically a member of staff at the same company - telling them to make an urgent payment.
The National Crime Agency is today, Tuesday 20 February, revealing details of an international disruption campaign targeting LockBit, the world’s most harmful cyber crime group.
Today, after infiltrating the group’s network, the NCA has taken control of LockBit’s services, compromising their entire criminal enterprise.
A warning has been issued after County Durham residents have been targeted with a 'fake police' phone scam that has been sweeping through the region.
The scam calls, which are fraudulently from the Metropolitan Police, are coming through to people, who then ask people for their bank details and say they are investigating fraud offences.
AI-enhanced attacks are on the rise, leaving many organisations’ cybersecurity unprepared for the volume of new challenges; reveals cyber protection firm, Acronis, in its latest cyber threats report.
The latest Acronis release, ‘Cyberthreats Report, H2 2023: Alarming rise in cyberattacks, SMBs and MSPs in the crosshairs‘, details how organisations experienced a 54 per cent increase in the number of attacks per organisation.
Britain’s security minister has given his backing to Scotland’s efforts to combat business cyber fraud on a visit to Edinburgh.
Tom Tugendhat, MP, visited Edinburgh to meet with cyber and policing experts to discuss areas of support for protecting Scottish businesses from online crime.
https://futurescot.com/britains-security-minister-backs-scotlands-efforts-to-combat-business-cyber-fraud/
Zelle is one of the most famous platforms to quickly send money to loved ones, friends, and family. However, now cybercriminals are taking advantage of it to get people’s account information.
https://www.finextra.com/blogposting/25445/the-zelle-fraud-scam-what-it-is-and-how-to-avoid-it
A new report shows that AI scams are increasingly hard to identify.
Scammers are using
Scammers are using AI to improve the success of their efforts.
Consumers report that scam messaging is increasing and hard to detect.
Common scams that lead to engagement include winning a prize and missing a delivery.
https://www.psychologytoday.com/gb/blog/the-fraud-crisis/202312/scam-compliance-rates-are-soaring
More resources need to be ploughed into tackling an upsurge of sophisticated online business scams targeting Scottish firms, according to the Cyber & Fraud Centre – Scotland.
Serious and organised crime groups are increasingly extorting huge sums from companies – by stealing their credentials and following up with phone and web-based extortion methods.
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