The Jersey Financial Services Commission (JFSC) is asking local companies and islanders to be extra vigilant as local companies are allegedly being subjected to cyber ‘impersonation attacks’, resulting in substantial financial losses.

The JFSC believes that this is not an isolated incident and that cyber criminals are impersonating individuals from within their own firms. 

No further information has been disclosed but the JFSC said if any firm was concerned it had been compromised it should then contact its JFSC supervision team immediately and report this to the States of Jersey Police.