The rise of AI has, significantly but unsurprisingly, led to an increase in criminals using platforms such as ChatGPT and WormGPT – a new generative tool, designed specifically for malicious activities – to assist them in committing cyber crimes.1 AI has prominently been used by cybercriminals in Business Email Compromise (BEC) attacks. The National Cyber Security Centre has defined a Read More…
Author: Tom Wood | Date: 10/10/2023
Author: Tom Wood | Date: 22/09/2023
Thousands of businesses will be required to have terror-security and terror-attack response measures in place under UK law, and have been urged to act sooner rather than later. May 2023 saw the publication of the draft Terrorism (Protection of Premises) Bill, (Martyn’s Law)1 – the result of passionate campaigning by the mother of Manchester Arena attack victim, Martyn Hett. The Read More…
Author: Tom Wood | Date: 13/09/2023
In an era marked by soaring living costs, businesses across sectors are grappling with the need to cut back on expenses. Unfortunately, one area where these cost-cutting measures often manifest is in insurance coverage. In fact, 44% of SMEs don’t have any insurance, and up to 40% could be underinsured.1 Every business, regardless of its size or industry, exposes itself Read More…
Author: Tom Wood | Date: 25/08/2023
The devastating Turkish earthquakes have highlighted the fragility of many supply chains and the associated business interruption risks accompanying such vulnerability. Ironically, Turkey was a country to which various businesses and major fashion brands moved supply arrangements post-pandemic. It was also the EU’s second largest source of textile and apparel imports.1 Therein lies the issue. In 2021, a University of Read More…