Hudson
  • Home
  • About
  • News
  • World Wide Web
  • Business
    • Real Estate
    • Brands
  • Tech
  • Stock Market
  • Contact

Tips On How Businesses Can Avoid Becoming Victims To Cyber Fraud

  • By Walter Baker
  • Jan-26-2020
  • Business, Economy, Legals
  • Comments Off on Tips On How Businesses Can Avoid Becoming Victims To Cyber Fraud

According to a fraud lawyer, the most prominent threat that UK businesses are facing is fraud. In fact, it was reported that fraud has cost the UK economy £130 billion each year. Because of the criminal activities of cybercriminals, both businesses and consumers are suffering from the devastating effects of fraud.

During the 1st half of 2019, 1.3 million cases of payment card fraud were reported. According to UK Finance, there was a16% increase over the same period last year. At least one half of UK businesses have become victims to cyber fraud over the past 2 years with 42% believing that cyber crime had the greatest impact on businesses.

Major brands like Capital One have been affected by data breaches in 2019. At least 4.1 billion records were exposed and used to steal information to set up new bank accounts under the victim’s name. Fraud and data breaches have become a common occurrence and businesses have to protect their organization and customers.

Since the cyber landscape is fast changing due to the combination of regulations, complex enterprise infrastructures and sophisticated tools that criminals use, businesses must constantly assess and update their organization’s security systems and processes. They have to invest in the collection of high quality data as basis for their control. They have to detect and defend against modern attacks with increased efficiency.

Businesses will continue to be threatened by fraud in 2020 because fraud provides criminals with high ROI with minimal efforts. Criminals have an arsenal of technology tools and tricks to deceive both businesses and individuals to hand over sensitive information through multiple channels. It is important to secure all these channels because they can be exploited by criminals. As new technologies and standards are introduced, fraud will continue. It is important to have proper controls in place.

If you are charged with fraud, attend the interview with a fraud lawyer who will explain the charges and help you prepare. The interview can be highly intense and upsetting but with legal representation present you will have the best advice and defence. You will have support throughout the entire process to ensure the best possible outcome.

It's only good to share...Pin on Pinterest
Pinterest
0Share on Facebook
Facebook
0Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin

Comments

← Previous Post Next Post →

Business Keynote Speakers To Watch

Recent Posts

  • Why IT Experts Prefer Custom Software
  • The Meaning Of Client-Lawyer Relationship
  • Google Ads Now With Identity Verification, Google News Reports Added To Google Search Console For New Publishers
  • Tips For Writing Good Online Reviews
  • A Look At The Logistical Demands Of The COVID-19 Vaccine

Selected Topics

  • Accountant
  • Advagym App
  • Advertise
  • AFL
  • Art
  • Baby Product
  • Bank
  • Bike
  • Bikini
  • Boat
  • Brands
  • Business
  • Car
  • Carpet
  • CCTV cameras
  • Chiropractor
  • Christmas
  • Cleaning
  • Clothing
  • Courier
  • COVID-19 Vaccine
  • Crematorium
  • Currency
  • Customer Reviews
  • Dental Implants
  • Design
  • Drug
  • DVD
  • Economy
  • Education
  • Electrician
  • Employee
  • Entertainment
  • Finance
  • Flooring
  • Food
  • Foundation
  • Funeral Services
  • Furniture
  • Game
  • Google
  • hEALTH
  • Healthy Lifestyle
  • Home Depot
  • Home Improvements
  • Hotel
  • Illustrations
  • Industry
  • Insurance
  • International School
  • King Kong Reviews
  • Landmarks
  • Lawyers
  • Legals
  • Lifestyle
  • Logistics
  • London
  • Lowest
  • Management
  • Maps
  • Marketing
  • Medical Tourism
  • Money
  • Mortgage
  • News
  • Noise
  • Online Marketing
  • Online shopping
  • Pandemic
  • Pest Control
  • Plumbing
  • Print
  • Products
  • Real Estate
  • Removal
  • Resort
  • Restaurant
  • Roofs
  • Security
  • SEO
  • Service
  • Services
  • Servies
  • Skin
  • Software Developmen
  • Stickers
  • Stock Market
  • Tax
  • Tech
  • Tiles
  • Tips
  • Transport
  • Trucking
  • Uncategorized
  • Website
  • Wedding
  • World Wide Web

Tools that will help you with your business

  • Blog Topics Generator
  • BuzzSumo
  • Evernote
  • LinkedIn Pulse
  • Portent Title Maker
  • Quick Sprout
  • Quora
  • Trello
Editor Of Hudson
Walter Baker

There are a lot more that the Hudson does to keep peace and order which they want people to know. Read the latest news and updates.

Archives
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • March 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • May 2015
  • April 2015
  • March 2015
  • January 2014
LEGALS

Hudson (C) 2016 All Rights Reserved. 273 Geneva Street, Brooklyn, NY 11206, USA

Powered by WordPress  |  Business Directory by InkThemes.