HMRC warns on tax refund scams

HMRC is calling on people to stay vigilant in the fight against fraudsters, who are using email and text messages to scam them out of their savings. The tax authority is currently processing tax refunds after the end of the 2017 to 2018 tax year. However, criminals are taking advantage of this by sending out […]

Posted by Smeeta Padhiar
On 9th May 2018
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Email fraud warning: Now hackers want your data as well as your money

Fraudsters are launch phishing campaigns which come in the shape of fake emails pretending to be from someone within the same organisation as the victim – and the crooks are increasingly targeting data over money. Email fraud, particularly business email compromise, hit the headlines when the FBI said this particular form of cyber criminal activity […]

Posted by Smeeta Padhiar
On 20th March 2018
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Cyber crime costs Londoners £26 million a month, police warn

Londoners are losing an average of £26 million a month in cyber attacks on businesses and individuals, Scotland Yard warned today. About 3,500 victims of cyber fraud are recorded in the capital each month, with phishing emails, ransomware and malware the most common scams. Read full story.

Posted by Smeeta Padhiar
On 8th March 2018
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Police arrest 16 people in cyber crime inquiry

Police have arrested 16 people who have allegedly been acting as “money mules” in online scams. The group of 15 men and one woman, who range in age from 16 to 51, were arrested over the last week by the Economic Crime and Financial Investigation Unit. Read full story.

Posted by Smeeta Padhiar
On 2nd March 2018
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Half of UK Firms Hit by Cyber-Related Fraud in Past Two Years

Nearly half of UK organizations (49%) have suffered from cyber-related fraud in the past two years, according to the latest research from PwC. The global consulting firm polled over 7200 business decision makers to compile its Global Economic Crime & Fraud Survey. Read full story.

Posted by Smeeta Padhiar
On 23rd February 2018
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Business cyber crime up 63%, UK stats show

Despite an overall decrease in fraud and computer misuse in 2017, the latest Office for National Statistics (ONS) reports show that incidents involving computer misuse and malware against business are way up. There were 4.7 million incidents of fraud and computer misuse in the 12 months to September 2017, a 15% decrease from the previous year, […]

Posted by Smeeta Padhiar
On 29th January 2018
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Fraud Doubles in Two Years to Hit 700m Attempts

The volume of global fraud attacks has surged 100% over the past two years to reach 700 million in 2017 alone, according to ThreatMetrix. The fraud prevention firm protects 1.4 billion users around the world and analyzes 100 million transactions each day, so its insight into the current landscape is invaluable. Read full story.

Posted by Smeeta Padhiar
On 16th January 2018
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Action Fraud launches 24/7 helpline to combat cyber attacks

Action Fraud, the UK’s national fraud and cyber-crime reporting centre, has launched a 24/7 live cyber-attack helpline. During its pilot since October 2016, Action Fraud’s 24/7 cyber-helpline received 377 reports which were then disseminated to the National Cyber Crime Unit (NCCU) or local forces. Read full story.

Posted by Smeeta Padhiar
On 7th December 2017
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Email Insecurity

This time of year, there is an upsurge in phishing and other malicious emails for us to contend with. From phony delivery notices to hoax PayPal problem emails, our inboxes are awash with attempts to invade, defraud and otherwise cause us chaos or loss. So the news that people are not taking the threat from email seriously after […]

Posted by Ellie Hurst
On 25th November 2015
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