Olive Press Gibraltar Issue 04

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Franco’s legacy Forty facts for each year since the brutal dictator’s death Page 6-7

From Gib nightclub... to award-winning bank - P19

Cyber siege By Rob Horgan

A STRING of Gibraltar businesses have been stung by cyber criminals, leaving them over £1 million out of pocket. Police described the problem as ‘one of the biggest threats Dental board slams weak pun- to Gibraltar’, after the incredishment of living-room dentist ible sum was siphoned from up to 100 companies in the last Page 8 month alone.

Fake dentist rooted out

Online fraudsters now one of the ‘biggest threats to Gibraltar’ with over £1 million stolen this month alone

Using a series of elaborate ‘phishing’ scams, cybercrooks are attacking vulnerable businesses, with firms on the Rock currently facing a shocking 1,000 cyber-assaults daily. Most of the businesses targeted are ‘small, privately-run firms’, however larger companies are

also said to be ‘at risk’. One victim, Bruno Callaghan, of Callaghan Insurance Brokers said he was ‘horrified’ by a recent cyberattack. Losing £18,000 to a phishing email scam, Callaghan is now at the forefront of a team tackling the problem.

We can’t breathe Making more than waves We review the masterstroke that is La Sala on the Sunborn Page 29

CAMPO de Gibraltar residents have launched a protest against pollution that leaves them ‘unable to breathe’. People living near Puente Mayorga and Guadarranque hung up banners saying ‘It Hurts to Breathe’ to protest against pollution from the industrial estate Environmentalist protest group Verdemar - Ecologistas en Acción said it had complained to the EU that Junta measures to tackle pollution in the area aren’t working. San Roque mother-of-two Mirian Moreno told the Olive Press: “When it rains you notice it more. All my clothes and the terrace get dirty because you get dirty rain from the refinery.” Verdemar said residents living on the outskirts of the industrial belt were unable to open their windows. “Environmental pollution is one of the principal pollution problems in the Campo de Gibraltar,” a Verdemar spokesman said.

PROTEST: Over serious pollution

Organising an emergency meeting with targeted businesses as well as the Financial Services Commission (FSC), Callaghan is urging companies to ‘up their defences’. “There is huge stigma attached to being duped,” Callaghan told the Olive Press. “But this is a problem that will not go away, it is only going to get worse and people cannot be ashamed if caught out. “I would urge other businesses to take out cyber insurance so they are not had like we were. “The FSC and the police are doing what they can, but Gibraltar’s businesses must also work together to protect themselves.” The FSC and police are indeed now working to ‘improve security systems and implement new firewalls’ into Gibraltar’s three internet service providers. “Gibraltar suffers from thousands of attacks daily,” FSC chief information officer Alan Pereira told the Olive Press. “We are seeing more instances of Cybercrime creeping into our jurisdiction, with highly complex individuals capable of committing crimes that lead to terrorist acts. “Taking measures is now a priority. It is no longer nice to have cyber security; it is essential.” Meanwhile a police spokesman told the Olive Press that cybercrime is now ‘one of the biggest threats to Gibraltar’s economy. “Although this type of criminal

VICTIM: Callaghan issued cyber warning activity has been around for years, the methods are becoming increasingly sophisticated,” he said. “We believe that prevention through education is key, and we are urging businesses to seek help.” Ironically, the clampdown is being launched just a month after one of Britain’s ‘greatest online fraudsters’ gave businessmen and technology experts on the Rock a lesson in cybercrime. Once considered ‘underworld royalty’, stealing over £30 million from online retailers, convicted cyber criminal Tony Sales warned businesses they would become an increasing target unless they tightened their virtual defences. “The online world is a fraudster’s playground,” Sales said. “The amount of online companies, especially in the gaming industry makes Gibraltar a prime target for online crooks.”

Opinion Page 6

How the con works: - Cybercrooks send an email pretending to be from a member of staff (most likely a boss or senior staff member) - A link will take the email recipient onto a webpage resembling an ‘in-house’ system - Instructions to transfer funds into a bank account appear, looking like a legitimate transfer to an existing client - At this point the deposit is immediately transferred into an electronic ‘maze’ from which it cannot be traced


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