Provided by: EMC Corporation
Date Added: Apr 2014
Web threats and fraud tactics continue to increase in number and sophistication as the profitability of cybercrime transforms the nature of the game. In 2013, phishing alone resulted in $5.9 billion in losses to global organizations, and three in four data breaches were attributed to financial or fraud motives. Cybercriminals have become more organized and adaptive, and continue to develop fraud-as-a-service models which make some of the most innovative and advanced threat and fraud technologies available to a much wider user base.