Cyber Espionage: The Most Popular Form of Cyber Crime Today
According to Verizon’s 2017 Data Breach Investigations Report, espionage-related cyber attacks are growing in popularity, with malware and phishing still go-to tools for hackers as well.
According to Verizon’s 2017 Data Breach Investigations Report, espionage-related cyber attacks are growing in popularity, with malware and phishing still go-to tools for hackers as well.
There are 2 myths that stand in the way of boards understanding the threats posed by cyberattacks and ensuring their businesses can be safe against cybercriminals and hackers.
Recently, Scott County Schools, in Kentucky, fell victim to a $3.7 million fraud phishing scam. According to Superintendent Dr. Kevin Hub, a vendor informed the district that an invoice sent to the district had not been paid. In looking into the matter, the district found that someone else had been paid instead, via a fraudulent email disguised as the vendor.
“This is a process that we use currently in Scott County Schools. It’s a way that we pay our vendors. And it was in this specific case, a single case, that we can verify, and this fraudulent email and fraudulent documentation is what caused this crime to happen.”
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