Welcome to our

Cyber Security News Aggregator

.

Cyber Tzar

provide a

cyber security risk management

platform; including automated penetration tests and risk assesments culminating in a "cyber risk score" out of 1,000, just like a credit score.

Malicious activity puts stop to payments at payroll firms

published on 2022-01-28 08:21:42 UTC by janebeal
Content:

Thousands of self-employed people were left financially stranded when two major payroll firms were hacked this month. Freelancers were left without pay after a cyber-attack stopped wages getting through from payroll firms Parasol and Brookson.

The companies manage self-employed clients' tax and wage pay outs in return for a fee, but their phone lines and website went down last week after "malicious activity" was spotted. It meant thousands of clients were left without cash or customer service support, as reported by Computer Weekly.

Cyber crime is a growing concern for all business and sole traders. The NEBRC has been established as a non-profit organisation to help protect those across the north east from online crime and fraud.

Do you have a business resilience plan in place? We bring together national financial institutions and tech experts with local cyber experts and business to offer various membership packages supported by free tools, resources and guidance. Our business is cyber safety. Whether you are a sole-trader or a larger organisation we are here to help and support you online.

Both Brookson and Parasol stress that no personal or financial information was accessed by the hackers. Brookson CEO Andrew Fahey has since apologised to customers in a LinkedIn post and a spokesperson said: "We are working with a team of IT experts to ensure we get back to normal operations as quickly as possible and we have informed the relevant authorities.

"We know that this disruption is causing understandable concern among Parasol employees, and we are very sorry for any inconvenience that has been caused. We have put in place contingency plans to ensure people continue to be paid.”

At the moment there are no laws or official schemes that force payment services or banks to provide compensation if customers are affected by hacks or outages.

Make it your business to be cyber aware. Contact a member of our team today at: enquiries@nebrcentre.co.uk

Article: Malicious activity puts stop to payments at payroll firms - published almost 3 years ago.

https://www.nebrcentre.co.uk/post/malicious-activity-puts-stop-to-payments-at-payroll-firms   
Published: 2022 01 28 08:21:42
Received: 2022 01 30 02:41:05
Feed: North East Business Resilience Centre
Source: National Cyber Resilience Centre Group
Category: News
Topic: Cyber Security
Views: 2

Custom HTML Block

Click to Open Code Editor