United States Reported Less Data Breaches in 2020 but with much more Expensive Successful Hacker Attacks
According to the annual report of the Identity Theft Resource Center (ITRC), 1,108 cyber incidents were reported in 2020 and the number casualties from these incidents was close to 301 million people, a drop of 66% over the previous year.
The social engineering technique of impersonation also helped attackers reap massive profits:
The volume of business fraud and hacking by corporate e-mail systems (BECs) reported to the FBI in 2020 was US$ 1.8 Billion – a figure that reflects half of all cyber damage in monetary terms.
“The trend away from mass data breaches and toward more precise and sophisticated cyberattacks doesn’t mean businesses can relax. Just the opposite. They need to learn whole new ways of protecting their data.”
– James E. Lee, ITRC COO
Read more about Examples and Numbers of Social Engineering Hacker Attacks ›
Save Your Company from Social Engineering Attacks Like that
Register and Get your Personalized Free Exposure Report NOW
and See your where your Company is Exposed to Hackers
Recently Published on our Blog
💡 Most Attacks Don’t Start with Tech – They Start with People
Your strongest asset is also your biggest risk: your team.
AUMINT’s Attack Surface Report uncovers:
• Overshared data
• Leaked credentials
• Shadow IT and bad habits
🔐 Includes fix-first recommendations.
📌 Only €1,500 for complete visibility.
👉 Get your tailored report: https://calendly.com/aumint/aumint-intro
#CyberRisk #HumanSecurity #CISO #GDPR #AttackSurface #SocialEngineering #EuropeIT #AUMINT
Who Pays When Hackers Hijack Your Inbox? The Legal Fallout of BEC Scams
📩 BEC Scams: Who Bears the Financial Loss?
🔐 Business Email Compromise scams are escalating, with cybercriminals exploiting trusted email accounts to divert payments.
mondaq.com
⚖️ Recent Canadian court rulings, including St. Lawrence Testing and Apex Aluminum, indicate that the payor often bears the loss unless specific contractual clauses or negligence by the payee are evident.
📄 These cases highlight the necessity for clear contractual terms, robust verification processes, and employee awareness to mitigate risks.
🛡️ AUMINT.io offers comprehensive solutions to protect your organization from BEC threats, combining technology, training, and legal expertise.
📅 Schedule a consultation with AUMINT.io today to fortify your defenses against BEC scams.
#CyberSecurity #BECScams #LegalRisk #AUMINT
The Silent Threat: How Executive Digital Footprints Are Exposing Enterprises
🔍 Executive Digital Footprints: The Overlooked Cybersecurity Risk
📱 Executives’ online activities, from social media posts to virtual meetings, contribute to digital footprints that cybercriminals are exploiting.
🎭 Threat actors use this information to craft convincing phishing campaigns and deepfake impersonations, targeting both personal and professional accounts.
🔐 The convergence of personal and corporate digital spaces necessitates a comprehensive cybersecurity strategy that addresses these unique vulnerabilities.
🛡️ At AUMINT.io, we specialize in protecting executive digital profiles, ensuring that personal online activities do not become entry points for cyber threats.
📅 Schedule a consultation with AUMINT.io today to safeguard your organization’s leadership against sophisticated cyber attacks.
#CyberSecurity #ExecutiveProtection #DigitalFootprint #AUMINT