Cybersecurity problems at the executive level. Cybersecurity problems at the executive level. (Source: Shutterstock)

C-level executives, increasingly and proactively targeted by breaches, correlated to a social-engineering attacks rise with financial motivation warned the “Verizon 2019 Data Breach Investigations Report,” which analyzed 41,686 security incidents.

The 12th DBIR, built on data derived from 2,013 data breaches provided by 73 data sources, both public and private entities, spanning 86 countries worldwide, found senior executives 12 times more likely social incident target, and nine times more likely social breaches targets than in previous years. Financially-motivated social engineering attacks (12% of all data breaches analyzed), a key topic in this year’s report, highlighted the critical need to ensure all levels of employees understand the potential effect of cybercrime.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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