KPMG : Consumer Loss Barometer – The economics of trust

16 Jun 2019 10:45 PM | Anonymous member (Administrator)

Understanding the gap in perceptions of cybersecurity between consumers and the organizations that serve them is a key theme of this report. KPMG believe that solving this gap

in perceptions generates consumer trust and confidence propels business growth.

Cybercriminals are looking for the biggest bang for the buck. As they seek to maximize their return on investment, they focus on what makes them the most money — and at the moment that is tricking firms into transferring funds through spear phishing and social engineering (so-called CEO frauds), extortion through ransomware, and attacks on the new world of cryptocurrencies.

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