When it comes to protecting your businesses infrastructure, it is safe to assume that you have some form of cyber protection activated. But email communications represent the biggest threat of all, because it takes advantage of the end user, in one form or the other. It generally only requires one misstep from a member of a network to unleash a catastrophic chain of events within that network.
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The internet has changed the way businesses operate around the world. Having access to a tool of this caliber is essential to the way corporations function today, but it also has its downfalls. In this case, we’re referring to the incredibly dangerous threat most business owners are either unaware of or hardly ever think about – cybercrimes like Business Email Compromises (BEC).
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Identity theft continues to grow at an alarming rate. Statistics show that 3% of the U.S. population experienced credit card fraud at least once in 2014. Not to mention that, “an estimated 17.6 million persons were victims of one or more incidents of identity theft,” in the same year, as reported by theU.S. Department of Justice. This is up by a significant amount from the 16.6 million cases of identity theft in 2012.
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