As new estimates predict cyber crime costs will exceed $2 trillion by 2019, many consumers are wary of letting companies handle their personal data. Lack of diligence in the business world has dominated headlines, leading to serious mistrust on the part of consumers. Currently, 68 percent of consumers don’t trust Read More
Tag: cyber crime
The Hacktivist Threat in 2017
Retail organizations are increasingly finding themselves as the target of hacktivist attacks.
By Garett Seivold
If not before, when the President of the United States lobbed Twitter attacks against Nordstrom for merchandising decisions related to his daughter’s fashion line, it became clear: it’s getting extremely difficult for retailers Read More
In a recent article (“Email Scams Just Keep on Coming”), we looked at email scams as a fast-growing cyber crime. This post will examine an older crime: less prolific in today’s world, but often more costly to the victim.
Before we start, a side note about email scams. Since I wrote Read More
It has always been important for loss prevention executives to understand the top risks facing their businesses and to appreciate what keeps their CEOs up at night, but a report by the World Economic Forum (WEF) shows that times have changed. Now security risk is the top risk to business. Read More
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Cyber attacks are one of the greatest threats facing global businesses today. Hardly a day goes by that there is not a report of another company suffering at the hands of hackers breaching their networks and stealing sensitive customer or proprietary business data. According to the Identify Theft Resource Center Read More
As technology draws us deeper into a new age of business enterprise, we are continuously bombarded with challenges and opportunities involving those with malicious intentions. Data security attacks come at us from every direction as the ingenuity of criminal minds seek new and creative ways to infiltrate our information resources Read More
Sometimes you have to think and act like a criminal to disrupt and defeat their activities. Conversely, it is only by thinking like “us”—the law-abiding majority of individuals—that cyber criminals manage to be so successful in the first instance. They know, for example, that if they compromise our individual or Read More
In a July 2016 article, I talked about ransomware as a rapidly growing form of cyber crime. It was noted that cyber criminals went after businesses, literally hijacking their data and holding it hostage until a demand for money was met. Businesses were ripe targets because their deep pockets allowed Read More