The relationship between cyber attacks and fraud is increasingly problematic. Society’s reliance on digital technology increases our vulnerability to fraud. Fraudsters see gaining data through cyber attacks simply as a step in the process – a means to an end. But these attacks create real headaches for victims and the authorities and the fraud creates significant costs for banks and society. James Hatch, Director of Cyber Services at BAE Systems Applied Intelligence, discusses how he believes fighting modern fraud needs a radical new level of collaboration and trust.
Recent research highlighted that application breaches are rising and so are the security risks of running business critical apps in zero-trust environments. With this being the case it is vital that enterprises are given insight into the security posture
The frequency of cyber-attacks has increased for the third consecutive year, reaching a record high of 62 per cent – an increase of five per cent – according to a recent Bank of England survey.
When it comes to cybersecurity, a common misconception is that small and medium-sized businesses areattacked by cybercriminals less often than big corporations.
Written By: Susan Smithfield – International Director In the current business environment—characterized by high connectivity and excessive reliance on digital infrastructure,…