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.
A bipartisan bill proposed last month by New York representatives Kathleen Rice (D) and John Katko (R) would require members of Congress to receive annual cybersecurity and IT training.
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