The second ĠEMMA webinar of the year discussed findings of a survey carried out by ĠEMMA earlier this year.
The survey can be downloaded by clicking here.
We are pleased to attach the recording of Scam and Fraud Webinar.
The members of the panel on the webinar were:
- David Galea: Senior Solutions Architect – Information Security and Governance Department, MITA
- PS Joseph Louis Xerri: Malta Police Force
- Claude Calleja: Executive – eSkills Malta Foundation
- Mr Mark Drago: : Deputy Head of Financial Crime Compliance – HSBC.
The following are some of the observations made by the panelist during the webinar:
- With people today holding interlinked devices and storage such as computers, tablets, smart phones, cloud, etc. a cyber crime can have a significant impact as a breach of the security on one of the devices is likely to have a domino effect on the others.
- Hybrid office work between home and the office, which has become practically the defacto norm of working during the pandemic, increases the risk of cyber security for organisations as person switch from the same device from office to their personal network – and hence increasing the risk of malware and spyware infusion.
- An observation made was that people are more likely to be susceptible to a scam or fraud as a result of a particular life circumstance – loneliness, needing extra money – etc. then because of their age or education.
- Latest devices have in-build security defenses including advertising blockers taking immediate action on detecting a pop-up advert in the advent that this has malicious software.
- One never knows whether private Wi-Fi networks have a high security defense set-up or any at all and it is always best to avoid accessing important documents or sites or using passwords to access documents or sensitive sites to minimise the risk of being hooked to a malware.
- Risks of scams and fraud have increased exponentially as access to the Internet is no longer access from home or work desktops but on the go and in real time resulting in more windows of opportunities for a person to be hooked by malware.
- Anti-virus solutions that are an integrated part of an operating system on both a mobile or desktop are robust.
Our next Webinar will be held in late April 2021. The Webinar will discuss the 6th ĠEMMA Pulse Survey on Household Money Management.
