On the 10th August, Asset Reality and the Cyber Resilience Centre for Wales will be hosting a panel discussion about staying safe online in the world of crypto.
The Cyber Resilience Centre for Wales (WCRC) was founded in November 2020 to provide cybersecurity services for welsh businesses. They assist businesses and their staff to put in place the right strategies to respond to any incidents efficiently and mitigate any potential damage a cyber attack could create. They work closely with staff to build their cyber awareness, understand the latest cyber threats and secure the business's online environment.
According to the consumer body Which? “Consumers have been conned out of more than £2.3bn in the space of a year after a ‘devastating surge’ in scams as fraudsters exploited the pandemic.” A growing number of these are easily avoidable crypto related scams, reporting over £113 million of damages. Despite their best efforts, law enforcement is struggling to cope with the sheer volume of victims, and the growing number of repeat victims. From investment and romance scams to ransomware, scammers are preying on a lack of understanding around cryptocurrency to defraud their victims and evade detection by the authorities.
This free webinar is for all members of the public with a general interest in learning more about crypto related scams. It aims to raise awareness of the potential pitfalls when dealing with crypto assets and how to stay safe online in the midst of so much conflicting and confusing information. We’ll hear from a variety of experts in crypto asset recovery and cybercrime from across both the public and private sector. They will share their experiences of crypto scams and what to do when things go wrong.
Joining the panel will be Aidan Larkin (Co-Founder & CEO). He comments:
“All too often we are appointed to try and help victims recover money lost in investment scams involving cryptoassets. Too many of these cases had all the warning signs that victims should have been able to identify and avoid falling prey to these scams. Cryptocurrency is not a bad thing and has many fascinating and important uses in society but many fraudsters are hijacking this category as the latest ploy to defraud victims. We hope that by sharing the stories of what happens in many of these scams, we can prevent individuals and companies from becoming victims themselves. From basic cyber security advice to knowing how to spot a crypto scam; this free webinar is aimed at beginners, with no jargon and a healthy dose of common sense. We’ve got an amazing panel of experienced practitioners which will make this an invaluable webinar for those wanting to learn more about cryptoassets.”
The webinar will take place on Zoom on 10th August at 3pm UK time. You can register using this link.
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