Provided by: RS Risk Solutions Fraud More Than Doubles in 2023, Report Found Fraud in the UK leapt in value and volume in 2023. In fact, the value of recorded fraud in 2023 was £2.3 billion, more than double that recorded in 2022 and he second biggest year for scams in the past two decades. […]
The Impact of AI on the Cyber threat Landscape The rapid growth of artificial intelligence (AI) is reshaping industries and revolutionising hoe people live and work. Its potential to propel scientific advances and bolster economic growth is apparent, but its implementation is not without significant risk. What’s more, the security risks associated with AI use
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Courtesy of RS Risk Solutions Ltd Understanding the Cyber Security Risks of QR Codes Quick response (QR) codes are a popular marketing, sales, payment and customer service tool for several businesses. However as QR codes have become more prevalent, malicious actors have found ways to use them in phishing attacks and to spread malware. These
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Courtesy of RS Risk Solutions Tailgating and Piggybacking Explained Tailgating and piggybacking are low tech tactics used by malicious actors to access restricted areas. They occur when an unauthorised individual gains physical access to a location with sensitive information or vulnerable IT equipment, which can have significant financial and reputational impacts on businesses. Understanding
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Provided by: RS Risk Solutions Costs Associated With Cyber-attacks Doubled in 2023, Report Found Nearly half of UK organisations suffered a cyber-attack or breach that prevented data access in 2023, and IT disruption has become commonplace, according to Dell technologies 2023 Global Data Protection Index. Alarmingly, the cost of dealing with cyber attacks has doubled
Increased cyber-attacks with new evasive tactics, hacktivist-based attacks and frequent ransomware have created a volatile risk environment for organisations of all types and sizes over the past few years. The increased cost of dealing with such disruptive incidents created a hard market, with most policyholders facing premium hikes. The attached infographic details tips for insurance
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Provided by: RS Risk Solutions Extreme Weather and AI are the top risks in 2024 Extreme weather and artificial intelligence (AI) generated misinformation and disinformation are the top two risks facing organisations and individuals in 2024, a report by the world economic forum (WEF) has found. The report highlights the findings from the WEF’s
Provided by: RS Risk Solutions Ltd Workplace Trends to know for 2024 Workplace trends are constantly evolving, and its critical for organisations to stay abreast of the factors that are most likely to impact their businesses in the future. Here are some trends employers should be aware of for 2024: • The impact of generative
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Cyber-security Trends for 2024. In todays rapidly growing digital age, cyber threats and attacks are becoming more intelligent. It is vitally important to use cyber-security tools and training to prevent your organisation from falling victim. Rather than waiting for the attack to happen and then taking action, it is recommended to be proactive in order
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