Finance Monthly - April 2023

John Wareing - Account Director at Red Helix CYBER INSURED Is Being Worth the Rising Cost? With major hacking scandals making global news, it’s no secret that cybercrime is on the rise. Owing to rapid digitalisation and major advances in network technology, we have become more reliant on our devices. This, in turn, has created an array of new endpoints for criminals to target, leading to hacking offences more than doubling in the year ending March 2022, compared with the year ending March 2020. Finance Monthly. F i nanc i a l Innov a t i on & F i nTech 41

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