Current and Former Employees are the Most Common Perpetrators of Fraud: Report

Insiders were the leading source of fraud, cyber, and security incidents over the previous 12 months, according to Kroll’s 2016/17 Global Fraud & Risk report.

The survey of 545 senior executives worldwide revealed that 82 percent had suffered from a fraud incident in the past year. This was a substantial seven percentage point increase from 2015.

Read more at http://www.advisenltd.com/2017/01/19/current-former-employees-common-perpetrators-fraud-report/

Josh Bradford, Current and former employees are the most common perpetrators of fraud: report (January 19, 2017), available with subscription at Advisen Cyber Front Page News.

Big Data Aids in Federal Fight Against Cyber Attacks: Report

Federal government agencies plagued by security breaches say they now look to big data analytics for insight into how better to protect themselves and the information they must safeguard, according to a new survey and report from MeriTalk.

“Agencies face a perfect storm of cybersecurity threats,” said Steve O’Keeffe, founder of MeriTalk, a public-private partnership focused on governmental cybersecurity. “When you’re headed into troubled waters, you need a weather forecast. Big data provides agencies with the visibility to ensure they don’t end up the river without a paddle.”

Read more at http://www.advisenltd.com/2016/09/14/big-data-aids-in-federal-fight-against-cyber-attacks-report/

Erin Ayers, Big data aids in federal fight against cyber attacks: report (September 14, 2016), available with subscription at Advisen Cyber Front Page News.

6,000 Security Breaches Recorded Since 2005; 2016 Shows Faster Pace

Security breaches in the US since 2005 now total over 6,000 and the first few months of 2016 have resulted in 10 percent more breaches than the same period in 2015, according to the latest data from the Identity Theft Resource Center (ITRC).

As of April 19, 6.2 million personal records have been compromised, ITRC said in a recent report, and the increase in theft of Social Security numbers appears to be propelling a wave of tax fraud. Since 2005, when ITRC began tracking security breaches, over 851 million records have been exposed.

Read more at http://www.advisenltd.com/2016/04/28/6000-security-breaches-recorded-since-2005-2016-shows-faster-pace/

Erin Ayers, 6,000 security breaches recorded since 2005; 2016 shows faster pace (April 28, 2016), available with subscription at Advisen Cyber Front Page News.