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C-Suite Beware: Cyberattacks are Targeting Executives and Financial Departments Just Like You

A law firm’s take on the recent Verizon report. Generally, if someone is going to breach your defences then it’s most likely to be via a targeted individual…:

Verizon recently released its 2019 Data Breach Investigations Report (the “Report”) and it reveals some startling trends about the targets of cyber breaches. Based on an analysis of 41,686 security incidents, including 2,013 confirmed data breaches, the Report highlighted the increasing number of financially-motivated social engineering attacks. Instead of focusing on installing malware, these attacks focus on credential theft and personal information with the goal of getting unwitting individuals to transfer funds to the attackers. 71% of the breaches analyzed were financially motivated. Not surprisingly, a disproportionate amount of these attacks affect professional, healthcare, and financial industries. The Report is a good reminder that hackers are continuing to get at your company’s wallet in new and interesting ways, and, increasingly, are finding that the C-Suite is an easy way in.

Please see full Publication below for more information.

https://www.jdsupra.com/post/fileServer.aspx?fName=6f4aa4b7-80e2-4d62-a88c-ceeaf70cd34f.pdf

Read the original article here

Peter Glock
Over 30 years of designing, building and managing telecoms and IT services. Primarily working with large enterprise and professional services businesses in Asia, North America, continental Europe and the UK. Information security professional, secret physics nerd.
https://brownglock.com

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