What if, while searching the Internet, you come across a Facebook profile of one of your employees, including inappropriate pictures and personal remarks on the supervisor? What does this mean to you as an employer? And what can you do about it?
"It shouldn't matter from where the enterprise security services are deployed. We need to just make sure as a team we are consistently closing the vulnerabilities and risk gaps." - Greg Thompson, Scotia Bank.
Cyberthreats stem from the malware, but monetary losses stem from money mules. I've decided to coin a new term: eFraud. I cannot think of a better way to describe the wave of fraud incidents the financial industry is facing. It's electronic.