This post really shocked me with the amount of money that is lost in a year due to poor cybersecurity. The amount that shocked me the most was confidence fraud/ romance scams. Although I am aware of this threat I didn't realize how many people are affected by this scam. The amount of $956,039,740 is a crazy amount of money that is lost due to that scam. One that also shocked me is Business Email Compromise. I would assume that since these businesses have so much money they would have the most protection to prevent cyber crimes but clearly they are still affected by it no matter how much money they have.
This post really shocked me with the amount of money that is lost in a year due to poor cybersecurity. The amount that shocked me the most was confidence fraud/ romance scams. Although I am aware of this threat I didn't realize how many people are affected by this scam. The amount of $956,039,740 is a crazy amount of money that is lost due to that scam. One that also shocked me is Business Email Compromise. I would assume that since these businesses have so much money they would have the most protection to prevent cyber crimes but clearly they are still affected by it no matter how much money they have.