BUSINESSWOMAN LOST £1.3M TO CYBER SCAMMERS

Police warn of increase in businesses being targeted

- By OWEN HUGHES Business Correspondent

BUSINESSES in North Wales are being urged to stay alert following a sharp rise in cybercrime including a £1.3 million theft from one company.

According to North Wales Police, online crime now surpasses street crime, with ransomware attacks - where hackers encrypt files and demand hefty payments to unlock them - also on the increase

That will be the key message from Detective Constable Roheryn Evans of the force’s Cyber Crime Team, when he addresses the next meeting of Wrexham Business Professionals at Hotel Wrexham on Thursday, September 11.

As part of his talk, DC Evans will outline the growing risks posed by international cyber gangs and provide practical advice for businesses on how to protect themselves from online threats.

Joining him as guest speaker will be Artificial Intelligence innovator Henry Platten, a former police sergeant. He wiil share insights on how businesses can harness the power of AI to boost profitability while avoiding potential digital pitfalls.

DC Evans said some of the most notorious cybercrime gangs operate globally, with different regions specialising in different scams.