Hybrid Work Accelerated Fraud; Now, CSOs Are Taking a Seat at the Executive Table

Previous 12 months broke data for knowledge compromises, details breaches, and fraud. In reality, both equally 2020 and 2021 noticed large improves in fraud across the board.

spoofing, hacking, and fraud attempts emerged. Phishing attacks soared 220% in 2020, and the Federal Trade Fee experiences that people dropped more than $3.3 billion to fraud in 2020 — an boost of virtually $1.5 billion around prepandemic numbers. In 2021, US corporations endured a 17% improve in details breaches considering that 2020. In the meantime, companies have worked to preempt and avert fraud by figuring out and prioritizing pitfalls — and individuals risks include fraudulent SMS, electronic mail, push notifications, faux landing internet pages, and extra.

The outcome? The main security officer (CSO) has come to be far more influential at the C-level desk.

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