Overview of SWIFT CSCF v2025
As part of its Customer Security Programme (CSP), SWIFT has updated its security requirements for clients and released the Customer...
Read MorePhishing is one of the most common tactics used by cybercriminals. It involves using fraudulent emails, text messages, or phone calls to deceive victims into revealing sensitive information, such as login credentials, financial details, or personal data. The goal is often to trick individuals into visiting fake websites, which can either infect their devices with malware or steal their sensitive information, such as bank details.
Cybercriminals often target holidays and events because people are more likely to shop online, open unsolicited emails, or engage with unfamiliar websites during these times. The festive season, in particular, is a prime opportunity for cyber attackers to launch schemes under the guise of holiday sales, charity appeals, or event promotions.
For example, during November and December 2023, the UK saw over £11.5 million lost to online shopping scams—an increase of £1 million from the previous year. Victims lost an average of £695 each, with those aged 30 to 39 and 40 to 49 most affected. These findings, reported by the National Cyber Security Centre (NCSC), highlight the vulnerabilities people face during high-traffic periods.
In addition to Christmas and New Year, other holidays such as Valentine’s Day have also become prime targets for cybercriminals. With the increase in online shopping, dating apps, and digital communications, phishing schemes related to romantic offers, gift deals, and special promotions are common during this time. Cybercriminals may lure individuals into clicking on fake discounts or fraudulent advertisements that ultimately compromise their personal data.
Moreover, past events have shown how quickly cybercriminals can exploit national moments. After the death of Queen Elizabeth II, the NCSC warned of potential scams, including phishing emails claiming to offer opportunities to sign online books of condolence or obtain commemorative items.
Whether it’s Christmas, Chinese New Year, or another holiday, individuals and businesses must take steps to protect themselves from cyber threats:
For Individuals:
For Organisations:
The increase in cybercrime during holidays and national events is a stark reminder of the need for vigilance. By adopting proactive security practices, individuals can safeguard their personal information, and organisations can ensure their operations remain protected.
For expert assistance in defending against phishing attacks and other cyber threats, AJC’s cybersecurity services offer tailored solutions to keep your business secure. From independent reviews of cyber safeguards to expert guidance on cyber security plans and policies, we provide cost-effective solutions tailored to your needs. Find out more.
Please contact us on 020 7101 4861 if you think we can help.
References:
As part of its Customer Security Programme (CSP), SWIFT has updated its security requirements for clients and released the Customer...
Read More Financial fraud is on the rise, with cybercriminals using increasingly sophisticated tactics to exploit businesses and consumers alike. As...
Read MoreHave you ever wondered what would happen if ‘insert cloud here’ failed or didn’t work ? Would your pictures, files,...
Read More