Final 12 months broke information for facts compromises, details breaches, and fraud. In point, the two 2020 and 2021 observed enormous improves in fraud throughout the board.

spoofing, hacking, and fraud attempts emerged. Phishing assaults soared 220% in 2020, and the Federal Trade Fee reports that persons shed additional than $3.3 billion to fraud in 2020 — an increase of approximately $1.5 billion more than prepandemic numbers. In 2021, US organizations suffered a 17% maximize in facts breaches considering the fact that 2020. In the meantime, businesses have worked to preempt and protect against fraud by determining and prioritizing challenges — and all those challenges require fraudulent SMS, email, press notifications, faux landing webpages, and more.

The final result? The main stability officer (CSO) has turn into more influential at the C-stage desk.

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