Who is responsible when you get scammed: you or the bank?

In the first six months of 2018, online scammers had a bit of a field day with UK customers’ bank accounts. In fact, they drained over £500million from British customers between January and June. So despite the advent of better firewalls, higher levels of awareness about online scams, and repeated reminders to stop people randomly giving away their personal and account details, the scammers are seemingly still making a nice living from UK banking customers. £145million of that amount was the result of what are known as ‘Authorised Push Payment’…

What to do if your business is being held to ransom

Cybercrime, both against businesses and individuals, is becoming more common. It’s frightening and a major issue for businesses, which can end up having a big impact on your finances. There are also some pretty heavy potential legal issues to think about too, especially if your customers’ data has been compromised. Contrary to popular belief, it’s mainly small businesses that face the brunt of attacks. While large corporations face being bombarded by hacks on a daily basis, they often have entire departments dedicated to fighting off cyber attacks and blackmail attempts.…

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