article thumbnail

Deepfake Scam Costs Engineering Firm $25 Million, Highlights Urgency Of Workplace Cybersecurity

Allwork

British engineering firm Arup has fallen victim to a sophisticated deepfake scam , resulting in a $25 million loss. The Financial Times reports that the scammers used a digitally cloned version of a senior manager to successfully order financial transfers during a video conference.

Agencies 237
article thumbnail

Managers Aren’t Doing a Good Job at Recognizing Their Teams’ Efforts – Most Employees Agree

Allwork

The data reveals that managers are generally effective at transactional tasks such as being responsive, approachable, and providing necessary resources. Nearly 60% of managers believe they are doing a good job recognizing their team’s efforts, but only about 35% of employees agree. According to Gallup’s report, “Less than half of U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Yardi Report Explains How The Coworking Boom Is Influencing Corporate Real Estate Strategies

Allwork

Owners and managers of traditional office space are rethinking coworking and its viability in their vacant spaces. With this idea in mind, here are the top takeaways from the Yardi special report, “ Coworking and the New Corporate Office.” Employee expectations are reshaping how landlords and tenants view traditional office space.

article thumbnail

Employers Debate the Costs and Benefits of Covering Obesity Drugs

Allwork

While employee benefits are intertwined with health and wellness strategies, companies are reported to be taking a substantial financial loss if they cover obesity drugs like Novo Nordisk’s Wegovy and Eli Lilly & Co.’s s Zepbound. A report released Wednesday by JPMorgan Chase & Co.’s

Health 188
article thumbnail

Tech Executives Report Being Unprepared for AI Revolution in Workforce

Allwork

The survey identified key processes essential for moving forward with these technologies, including asset management, cybersecurity, software development, and user experience. As organizations strive to optimize their IT processes in 2024 it will also contribute to the increase in demand for skills related to these key areas.

2024 223
article thumbnail

Quiet Quitting is Costing the Global Economy Trillions

Allwork

What’s going on: Data published by Gallup reveals that “quiet quitting” is costing the world’s economy around an estimated $8.8 By focusing on building thriving workplaces and developing better managers, companies might be able to improve employee engagement and overall workplace satisfaction. trillion per year.

article thumbnail

How To Hire And Manage Freelancers, According To Experts

Allwork

You can’t get the best out of freelancers until you’ve honed your management processes. And the key to good management — freelance or otherwise — is communication. Clear communication up front, and continuing conversation through regular check-ins and transparent project management helps streamline workflows and prevent confusion.