The Humber Business Resilience Forum reached national press last week due to the launch event that was held at the Hull University Business School on Wednesday 8th June. The forum was mentioned in a piece that was put together by the Daily Mirror in a piece titled ‘Three Reasons Why Businesses need to watch out for scammers’.
For one of the examples of businesses being targeted by scams the article featured a report from Rory Clarke, director of Rix, who are one of the supporting partners of the HBRF. The article explained that the scammers contacted Rix’s phone providers directly, claiming to be the directors of the company in order to get their calls diverted to the scammer’s mobile number. They then sent three payment instructions to the firm’s bank and these came with forged signatures of the Rix directors. If the attack had not been flagged up and prevented, then the firm would have lost £750,000.
Clarke said this about the attack – “Fortunately, our security measures and processes that we have in place – as well as the good relationships we have built up with our bank and communications provider – meant we picked up on it. But others have not and have lost significant amounts of money.”
The other two examples of fraud attacks on businesses were equally as scary for people who are looking to protect their businesses from scammers. The first scam mentioned that scammers in London are utilising the addresses of closed down Police and Fire Stations in order to look more genuine when ordering huge amounts of a company’s stock – usually computer equipment.
The other scam reported was about a company that were cold calling tradesmen and getting them to pay upfront fees with the promise that they would get a lot of work through letting agencies in their area. This was first reported within the media in 2014 and was a shocking attack on small businesses.
This type of article featured within the national press really shows the need for the Humber Business Resilience Forum – we are aiming to make the Humber a much safer place to do business. We want to do this by teaching local businesses about different efforts that are made to overcome your cyber security.
Read the full article that was put together by Andrew Penman of The Mirror here.
Open and honest reports like the one from Rix about their experience with cyber security attacks is a great way to get the conversation going and get businesses talking about their experiences. If you’d like to join the forum or have a story of your own that you’d like to share then please contact us at email@example.com
This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, Humber Business Resilience Forum , its directors, members, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.