Dive Brief:
- The number of fraud and cybersecurity incidents keeps climbing, according to the Kroll Annual Global Fraud and Risk Report. The percentage of companies worldwide experiencing a fraud incident reached 84% in 2017, up from 82% in the year before, according to a press release. Fraud levels have increased every year since 2012, when 61% of companies reported such incidents.
- There is an escalating threat to confidential information as well, with 86% of executives saying their companies experienced a cyber incident or information theft, loss, or attack over the past 12 months, slightly up from 85% in 2016. Seventy percent reported they had sustained at least one security incident during the past year, compared to 68% the previous year.
- Survey respondents said they are experiencing a heightened sense of vulnerability to fraud, cyber and security risks. Information-related risks are now the area of greatest concern. Criminals and other threat actors keep finding new ways to monetize confidential data, and personal data and data assets are becoming increasingly valuable and attractive targets.
Dive Insight:
This was the first time in the…
