The UK has been at the forefront of the global gambling industry for nearly two decades, passing laws to regulate remote gaming as early as 2005.
It also has the largest regulated online gambling marketing in the world, generating a total gross gambling yield (GGY) of £15.1 billion in the period between April 2022 and March 2023.
The UK’s critical national infrastructure (CNI) consists of the most important systems in the country – responsible for keeping the economy functioning and supplying services to homes and businesses.
Recent changes in the geopolitical environment, including the ongoing war in Ukraine, the rise of state-aligned groups around the globe and an increase in aggressive cyber activity, means the threat status for the UK’s CNI has heightened.
Back in 2019 we ran a talk for Leeds Digital Festival – The Bots Are Coming. It’s 2024 and the bots are here and they’re wreaking havoc.
Globally the estimated digital advertising spend lost to ad fraud in 2022 came to $68 billion according to research from Juniper.
We once ran an experiment to see whether the numbers of clicks reported by the different social media networks matched with that of our own Veracity platform’s records.
To no-one’s surprise, they didn’t.
Although the UK’s advertising market spend saw an increase in 2023 to £9.6bn – ad fraud still remains the biggest threat to budgets.
According to the latest IPA Bellweather report, marketing budgets saw their biggest growth since 2014 but ad fraud also hit an estimated $84 billion in the same year.
Phishing affects everyone but the Legal Sector is more attractive for cyber criminals due to the nature of the business, indeed the 32nd annual PwC Annual Law Firms’ Survey 2023 revealed that 85 per cent of the UK’s Top 100 firms are extremely, or somewhat, concerned about cyber threats.
Reputation is critical to the business of law, which makes legal practices attractive targets for extortion. The Legal Sector is additionally more vulnerable because of the amount of highly sensitive information businesses carry, as well as the large volumes of money they can be dealing with. This makes organisations in the sector especially targeted by phishing attacks.
One of the biggest takeaways from the UK AI Summit was the signing of a declaration establishing a shared understanding of the opportunities and risks posed by frontier AI.
Almost 30 countries, including the UK, the US, Australia and China, along with the European Union, signed the Bletchley Declaration, which recognises the need for governments to work together to meet the most significant AI challenges.
While it’s not illegal to use a web traffic generator it’s something that businesses who want to protect their brand should shy away from.
Web traffic bots are computer programs that can be launched on a network to artificially create traffic on websites and social media. They’ve become more prominent in recent years, but web traffic generators first appeared in the mid 2000s.
Veracity Trust Network’s CEO is heading to Europe for two cyber related events later this month.
Nigel Bridges will be representing VTN at the CEE Cyber Security Forum being held at The British Embassy in Vienna on November 21 and 22nd, hosted by the Department for Business and Trade and the British Ambassador in Vienna.
Nigel will then travel to Helsinki to visit Slush 23 on November 30th and December 1st as part of the Plexal Cyber Runway Scale programme funded by DSIT.
Veracity Trust Network’s CTO Stewart Boutcher has been in Singapore and Malaysia as part of a UK Trade Delegation attending GovWare.
GovWare, the Asian region’s premier cybersecurity information and connectivity platform, offers multi-channel touchpoints to drive community intel sharing, training and strategic collaborations and takes place alongside Singapore International Cyber Week.
The UK Advertising Association has set up a new AI taskforce which it hopes will map both the opportunities and risks which the technology poses for the industry.
Meeting for the first time on September 26th, the intention behind the AI taskforce is to build a coordinated policy approach in recognition of the rapid need to establish ethical safeguards, as well as develop industry guidelines.
Veracity Trust Network’s CEO Nigel Bridges will be one of the speakers at a webinar diving into cybersecurity threat mitigation hosted by SecureX.
The webinar, on October 12th at 1pm EDT (6pm BST), will discuss some of the most important aspects on how to combat cyber threats effectively.
Award-winning malicious bot protection.
Cyber Award Winner 2021
AI-Enabled Data Solution of the Year – DataIQ Awards 2023 Finalist
Tech Innovation of the Year Winner – Leeds Digital Festival Awards
Cyber Security Company of the Year – UK Business Tech Awards 2023 Finalist
Tech Leader of the Year – Tech Awards 2023 Finalist
Best Use of AI – Tech Awards 2023 Highly Commended
