New research by the UK's fraud prevention service, Cifas, has revealed that cyber-attacks are considered the biggest fraud threat to UK corporate businesses over the next year by almost three-quarters (73%) of respondents. The survey polled 500 key decision-makers responsible for staff training in large UK corporates, who acknowledged that cyber-attacks are a growing concern, with UK businesses experiencing over two million cyber-attacks during 2022-23. With hybrid and remote-first working models becoming the norm, ensuring fraudsters did not target employees to disclose sensitive information in exchange for cash is a significant concern for 54% of respondents. A further 42% were concerned about insider threats.
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