Boston Police Detective Steven Blair spoke to bankers at the Boston Feds Cybersecurity Conference on Monday. He said the worldwide costs of cybercrime are estimated at $3 trillion annually now, and expected to double by 2021. A significant chunk of those losses are coming in two cybercrime hot spots business phishing emails and counterfeit credit cards. We’re getting killed. Were chasing our tails, he said. Id be happy if my bank was a bit more diligent”]
Source: https://www.csoonline.com/article/3193706/human-weakness-enabling-financial-cybercrime.html