WH Smith is feeling the effects of a cyber-attack on its subsidiary, Funky Pigeon. The attack occurred in April but its significant adverse affects on the retailer have only been reported today.
The fact that WH Smith is still feeling the heat from April’s cyber incident, demonstrates the serious and destructive long-term business implications of a breach. No organisation is safe, and every citizen has a role to play in digital fortification, whether it’s protecting a country, a company or a consumer.
Awareness and vigilance are vital weapons in our response to these threats. Businesses are battling enormous pressures in today’s climate, amid rising inflation and supply chain issues, and hackers are looking to exploit this. Cybercriminals are levelling up. Their attacks are more prevalent, more sophisticated and harder to detect. When building robust defences, the golden rule to remember is that prevention is always better than cure. Power comes through knowledge about how cyber-attacks could happen and flagging them to the UK’s national reporting centre for fraud and cybercrime. This is why cyber security training shouldn’t just be a tick-in-the-box exercise, but an ongoing journey of education for us all.
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