At least 3.4 billion fake emails are sent around the world every day — with most industries remaining vulnerable to spear-phishing and “spoofing” cyberattacks simply because they’re not implementing industry-standard authentication protocols, according to Valimail’s Spring 2019 Email Fraud Landscape.
Biometric technology such as facial recognition is changing how companies ensure security and prevent fraud across many industries, says the 2019 CBInsights report.
Whether fire, flood, drought, earthquake, hurricane, political unrest or cyberattack, there is no place that organizations can go to be completely safe from disaster.
There is a need for security teams to consolidate their security solutions to increase visibility, reduce clutter, manage costs and simplify their cybersecurity processes. However, it’s important that we are clear with why security teams are facing this situation.
Theft, fraud and losses from other retail “shrink” totaled $50.6 billion in 2018, up from $46.8 billion the year before as industry security executives said there is a growing overlap between loss prevention and cybersecurity efforts.
Eighty-six percent SMB clients were recently victimized by ransomware and 21 percent report six or more SMB attacks in the first half of 2017 alone, according to Datto’s State of the Channel Ransomware Report.
More than half of consumers (56 percent) are worried that the shift to biometrics to authenticate online payments will dramatically increase the amount of identity fraud.
