Veracity Trust Network’s CTO Stewart Boutcher has been in Singapore and Malaysia as part of a UK Trade Delegation attending GovWare.
GovWare, the Asian region’s premier cybersecurity information and connectivity platform, offers multi-channel touchpoints to drive community intel sharing, training and strategic collaborations and takes place alongside Singapore International Cyber Week.
Cyber security protection needn’t be a daunting challenge for any business but it’s certainly one all should be getting to grips with.
The recent exposure of vulnerabilities at the BBC, British Airways, Aer Lingus, Boots the Chemist, and others demonstrated that even the largest organisations can still become victims of cyber crime.
The rise in cyber attacks could make them uninsurable according to the head of one of Europe’s biggest insurance companies Zurich.
Mario Greco, CEO at the Swiss-based company, told the Financial Times that cyber attacks, rather than natural disasters, would become uninsurable if the disruption from hacks continues to rise.
Bots can cause multiple types of damage to your brand’s website and – by extension – your company reputation.
Misinformation is one of the many ways bots cause issues worldwide and, while you may think your brand is safe from that type of attack, the technology used to create bots which spread false data can also be used to cripple legitimate businesses.
Bot traffic is a key component of digital ad fraud, the cost of which is projected to climb from $35 billion in 2018 to $100 billion in 2023.
E-commerce applications and login portals are the most common targets of advanced persistent bot traffic.
Consumers would stop doing business with a company known to have experienced data breaches.
According to an IBM report, nearly half of consumers surveyed said they had taken this action. This is alarming news when coupled with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organisations.
We’ve talked a lot about bots here at Veracity but all business owners need to be aware of the very real danger they pose for your brand website.
Bots aren’t always a bad thing, they help us order food, they’re used in apps to support customer service and many of them exist to help the world wide web function and allow the internet to work as it should do.
Award-winning malicious bot protection.
Cyber Award Winner 2021
AI-Enabled Data Solution of the Year – DataIQ Awards 2023 Finalist
Tech Innovation of the Year Winner – Leeds Digital Festival Awards
Cyber Security Company of the Year – UK Business Tech Awards 2023 Finalist
Best Use of AI – Tech Awards 2023 – Highly Commended
UK’s Most Innovative Cyber SME 2024 –
Runner Up
