Last year broke records for data compromises, data breaches, and fraud. In fact, both 2020 and 2021 saw huge increases in fraud across the board.spoofing, hacking, and fraud attempts emerged. Phishing attacks soared 220% in 2020, and the Federal Trade Commission reports that people lost more than $3.3 billion to fraud in 2020 — an increase of nearly $1.5 billion over prepandemic numbers. In 2021, US businesses suffered a 17% increase in data breaches since 2020. Meanwhile, businesses have worked to preempt and prevent fraud by identifying and prioritizing risks — and those risks involve fraudulent SMS, email, push notifications, fake landing pages, and more.The result? The chief security officer (CSO) has become more influential at the C-level table.Read the Full Article on Dark Reading
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