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GFIU highlights increased cybercrime threat as Covid shifts business online

Jon Nazca/REUTERS

The Gibraltar Financial Intelligence Unit [GFIU] is ramping up its response to a global increase in cybercrime against the backdrop of the Covid-19 public health pandemic. The Chronicle reported earlier this week how eight businesses in Gibraltar had lost over £500,000 through so-called ‘email compromise fraud’, in which emails are cloned to dupe unsuspecting recipients...

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