CEOs and corporate boards of directors are recognizing that a greater amount of dynamic risk attaches to cyber security-related matters than to physical security issues. However, survey results do not indicate a diminishing role for physical security. Instead, respondents tended to report a unified security plan.
It’s evident that there is a new battleground for loss prevention. The product exists as bits and bytes, and it won’t be carried out of stores or looted from warehouses. Indeed, the threat is data theft.
Fraudsters have traditionally approached victims with kindness by friendly and likable scammers to establish trust and sympathy to con money out of unsuspecting individuals. But this methodology is giving way to approaches based on fear and intimidation.