Tag: charities
3 articles

CAF Bank Outage Persists, Charities Struggle with Disrupted Payments
Thousands of UK charities are still reeling from a week-long online banking outage at CAF Bank, with £1.45 billion in customer deposits stuck in limbo and no end in sight for a resolution. The disruption has left 14,000 charity customers scrambling to manage their day-to-day transactions.

CAF Bank Halts Online Services Over Security Vulnerability
Thousands of charities are facing disruption to their online accounts and payroll services after CAF Bank temporarily halted its online banking services due to a newly discovered security vulnerability. The suspension, which began on July 24, will remain in place until the issue is resolved.

Phishing Exploits Persist, Breaching Half of UK Businesses
Phishing attacks remain a major threat, with nearly half of UK businesses falling victim to these scams in the past year, and a staggering 85% of breaches involving phishing as the primary entry point. These attacks often rely on human error, using tactics like impersonation emails and fake logins to trick staff into handing over sensitive information.