April 2023

Imagine you’re going about your day when suddenly you receive a text from the boss. The head of the company is asking for your help. They’re out doing customer visits and someone else dropped the ball in providing gift cards. The boss needs you to buy six £200 gift cards and text the information right away. The message sender promises to reimburse you before the end of the day. Oh, and by the way, you won’t be able to reach them by phone for the next two hours because they’ll be in meetings. One last thing, this is a high priority....

There are a lot of things that have changed since the invention of the internet. One of these is how we bank and access our accounts. You used to have to go into a local bank branch to make deposits and withdrawals. Now, you can take a picture of a check and deposit it from your phone. Approximately 73% of people around the world use some form of online banking at least once a month. People have never had such convenient account access. But that convenience can come at a cost. In 2021, account takeover fraud increased by 90%. New account fraud...