A quarter of all cyber-attacks in the Asia-Pacific region are motivated by espionage according to figures released by Verizon Business.
This contrast sharply with that of Europe and North America, at 6% and 4% respectively and shows data harvesting and scraping is a continued threat to businesses of all sizes.
UK businesses can reduce cyber-attack costs by up to 75% (£30b) by implementing simple cybersecurity basics more widely.
This is the view of international insurance intermediary group Howden, which recently revealed that cyber-attacks have cost UK businesses £44bn in the last five years.
When it comes to discovering who benefits from bots the answer is a complicated one as not every bot has malicious intent.
However, according to Statista, the latest figures from 2023 show the estimated annual cost of cybercrime in the UK was the equivalent of $320 billion.
Rule changes surrounding cyber risks which have already seen Uber’s former CISO sentenced to three years’ probation should be of concern to all C-Suite executives.
Joseph Sullivan, Uber’s former chief information security officer, was found guilty of paying hackers $100,000 (£79,000) after they gained access to 57 million records of Uber customers, including names and phone numbers.
Businesses need to be aware that their data could be at risk if they use third party providers in their supply chain.
A spate of recent cyber-attacks on supply chain providers has seen sensitive data leaked or held to ransom from organisations including the Ministry of Defence, The Metropolitan Police, and a significant number of charities.
Ad fraud is a complex and ever evolving issue and it will damage your business reputation if you fall victim to it.
The fall-out from having your business’ adverts appear on problematic web pages, or from your company being a victim of a cyber-attack, is both financially painful and damaging to your business reputation.
Back in 2019 we ran a talk for Leeds Digital Festival – The Bots Are Coming. It’s 2024 and the bots are here and they’re wreaking havoc.
Globally the estimated digital advertising spend lost to ad fraud in 2022 came to $68 billion according to research from Juniper.
Cyber security, AI and quantum technologies are hot topics for Veracity Trust Network.
The company been busy in recent weeks – attending events in Belfast and hosting a roundtable in Leeds – on the subjects.
Veracity Trust Network was honoured to be invited to take part in the Quantum Technology Roundtable held at QTIC in the heart of Bristol recently.
The event, organised by Bristol & Bath Cyber, part of the TechSpark network, marked an important milestone in building an understanding of the challenges and opportunities that lie ahead in this emerging field.
Two of Veracity’s co-founders have been announced as guest speakers at an upcoming free virtual event hosted by London’s leading commercial think-tank Z/Yen.
CEO Nigel Bridges and CTO & data lead Stewart Boutcher will deliver a talk entitled “Humanity Detection In Digital Advertising, Using Smart Ledgers” at the Financial Services Club virtual event on March 30th.
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
