The UK’s critical national infrastructure (CNI) consists of the most important systems in the country – responsible for keeping the economy functioning and supplying services to homes and businesses.
Recent changes in the geopolitical environment, including the ongoing war in Ukraine, the rise of state-aligned groups around the globe and an increase in aggressive cyber activity, means the threat status for the UK’s CNI has heightened.
Although the UK’s advertising market spend saw an increase in 2023 to £9.6bn – ad fraud still remains the biggest threat to budgets.
According to the latest IPA Bellweather report, marketing budgets saw their biggest growth since 2014 but ad fraud also hit an estimated $84 billion in the same year.
Phishing affects everyone but the Legal Sector is more attractive for cyber criminals due to the nature of the business, indeed the 32nd annual PwC Annual Law Firms’ Survey 2023 revealed that 85 per cent of the UK’s Top 100 firms are extremely, or somewhat, concerned about cyber threats.
Reputation is critical to the business of law, which makes legal practices attractive targets for extortion. The Legal Sector is additionally more vulnerable because of the amount of highly sensitive information businesses carry, as well as the large volumes of money they can be dealing with. This makes organisations in the sector especially targeted by phishing attacks.
Veracity Trust Network is sponsoring The Tech Debrief at the Digital City Festival in Manchester which runs from March 27-31st.
The Tech Debrief, hosted at Bruntwood SciTech’s Bright Building on March 28th, has been specially curated for senior decision makers and leaders working in tech-powered businesses.
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