CEO Fraud Attacks Were Far More Lucrative than Ransomware Over the Past 3 Years

CEO Fraud Attacks Were Far More Lucrative than Ransomware Over the Past 3 Years

Cisco’s midyear report released this week showed that CEO fraud netted cybercrime five times more money than ransomware over the last three years. The surprising highlight of Cisco’s ninety-page report was that cybercrime made 5.3 billion from CEO fraud attacks–called business email compromise (BEC) by the FBI–compared with a “mere” 1 billion for ransomware over […]

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