Is Your Technology Supplier Fully Protecting You From Potential Cyber Attacks?

Blog by Duwayne Lake, Operations Director of Veco™

New research* from The Cyber Security Breaches Survey* reveals that Cyber attacks on UK organisations is on the increase, with almost a third (32%) of businesses and 24% of charities overall recalling breaches or attacks from the last 12 months. (*Source: A study for UK Cyber Resilience, April 2023).
Cyber attacks are much higher on medium businesses (59%), large businesses (69%) and high-income charities with £500,000 or more in annual income (56%).
It is estimated that UK businesses have experienced around 2.39 million cyber-crimes of all types and 70,000 non-phishing cyber-crimes in the last 12 months. The mean cost of businesses experiencing any cyber-crime other than phishing was £20,900 over the last 12 months.

With the ever-increasing risk of cyber threats and with the majority of products, services and applications in the cloud, estate agency suppliers may have full control of their data. Therefore, it is essential that agents are confident in the supplier’s cyber security credentials.
It is important to ensure all suppliers are ISO certified in the relevant areas, or at least are working towards, and are in alignment, with ISO requirements.
However, if your suppliers aren’t ISO certified, don’t be afraid to ask for evidence of their relevant processes and procedures, such as a copy of their information security policy and other relevant documentation.

Hackers are also widening their aim to target business collaboration tools such as Slack, Teams, OneDrive and Google Drive with phishing exploits. These make for a rich source of sensitive data given that most organisations’ employees continue to work remotely.

Agents need to be extra vigilant and ensure they have educated their staff on the risks and have implemented the measures that will boost their protection.

Below are some ways in which agents can increase their protection from cybercrime:

Text Messages

Cyber criminals are increasingly turning to text messaging for scam and phishing attempts to gain access to your bank and other accounts, so staff should be wary and vigilant when receiving and actioning text messages.

Phishing Emails

Educate staff to be aware of and alert to ‘phishing’ emails. They often come from a known contact where their email account has been breached and accessed by hackers and scammers, who will send an online link to a document asking you to enter your email address and password to ‘login’, but is in reality just sending these details onto the hackers.

Passwords & Updates

Always use strong passwords for everything, including PC access & email accounts and always use two factor authentication (2FA/MFA) where possible. Any mobiles that contain work related data should have passcodes/pattern locks or biometric locks enabled. Keep all software and operating systems, firmware, and firewalls up to date.

System Access

If giving suppliers access to your servers, ensure the connections are secure. As a minimum, don’t leave any access wide open to the public internet and use methods such as restricting access by IP address, but preferably using more secure connection methods such as VPN’s. The same applies for remote workers.

Public Email Addresses

Try and avoid making company email addresses publicly available, particularly individual and senior staff email addresses. Hackers will find these on your website, or other publicly available site and then spoof the email addresses.

If you have any concerns about your IT security and would like a no obligation consultancy session with one of our cyber security experts, please email info@evolutionit.uk or call 01372 389 250.

 

Duwayne Lake, Operations Director of Veco™

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Planning disputes on new build land
Breaking News

London land commands £105,213 per acre

The latest research from LandSale, the new property portal dedicated to land and rural property, has found that land in London commands an estimated average value of £105,213 per acre, almost eight times higher than the British average of £13,281 and higher than every other British region. This premium is being driven by a severe lack…
Read More
Breaking News

77% of homebuyers seek homes requiring no work

The latest research from Yopa has found that 77% of homebuyers who have purchased within the last year were looking for a property requiring little or no work, highlighting the importance of presenting a market-ready home in current conditions where buyers are harder to come by than they were a year ago. Yopa commissioned a…
Read More
Estate Agent Talk

Riskiest Places to Purchase Property in England

Cash House Buyer Sell House Fast has revealed the riskiest places to buy and sell property in England, based on factors such as crime rates, flood risk, air pollution levels, road collision rates, and coastal erosion risk. The 5 riskiest places for buying and selling property in England: 1 – North East Lincolnshire (Overall Risk…
Read More
Breaking News

House prices steady in May despite broader market uncertainty

The latest Halifax House Price Index for May 2026 shows that: House prices fell by -0.1% between April 2026 and May 2026. This marks the second consecutive month of marginal monthly decline. Annual house price growth increased slightly to 0.5% in May 2026, up from 0.4% in April 2026. The average UK house price now…
Read More
Breaking News

Halifax House Price Index – May 2026

House prices steady in May despite broader market uncertainty. House prices edged down -0.1% in May, following a similar -0.1% fall in April Average property price now £298,806, compared with £299,251 in April Annual growth up slightly to +0.5%, from +0.4% in April Northern Ireland continues to record the UK’s strongest annual growth at +7.8%…
Read More
Breaking News

More mortgage borrowers turning to shorter-term fixes

Borrowers are increasingly turning to shorter-term fixed-rate mortgages in response to higher rates, new analysis of mortgage search activity on Moneyfactscompare.co.uk has found. The share of Moneyfactscompare.co.uk website users comparing two-year fixed-rate mortgages increased from 48.4% in February to 55.6% in May, while demand for five-year fixed deals fell from 27.7% to 21.8% over the…
Read More