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Preventing Digital Scams From Infiltrating Your Business This Holiday Season

Preventing Digital Scams From Infiltrating Your Business This Holiday Season

Image courtesy of Chief Executive

Cyberattacks surge during the last 2 weeks of December when businesses are least prepared, and C-suite leaders need a clear understanding of the fraud landscape to protect their organizations and customers during the holiday season. The piece walks executives through threat types ranging from account takeover attacks and phishing scams to malicious 'grinch bots' that target inventory, and notes that cybercrime is now more profitable than the global drug trade. The only effective defense, the article argues, is to raise the time, cost and effort of attacks — removing the financial incentive for fraudsters to target a given organization.

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