- Several companies, including the Co-op and Marks & Spencer, experienced cyberattacks in May, resulting in stolen customer data.
- Mastercard's Johan Gerber advises consumers to be diligent and pause to question unusual offers to protect their finances.
- Mr Gerber acknowledges the difficulty of pausing in a fast-paced world but suggests extra confirmation steps for transactions to ensure company protection.
- Ofcom now requires phone providers to block international calls that imitate UK numbers to combat “number spoofing”.
- Families are advised to create a safe word to verify identity due to scams like impersonation texts or AI-generated voice calls, and businesses should invest in cyber security and collaboration.
IN FULL
How can I avoid falling victim to a cyberattack? Top tips from Mastercard security boss
