2016 has been a very eventful year for technology hacking. According to a new report from CyberScout, there has been a 40% YoY increase in 2016 of US data breaches. This might have been overshadowed by claims of Russian hackers tampering with our election, but it is very alarming.<\/p>\n
The reports elaborates stating hacking, phishing, and skimming attacks accounted for 55.5% of instances. Many of these cases involved CEO’s being phished for sensitive information. One would believe that executives overseeing a corporation have the capability to discern cyber threats. Unfortunately, this is not the case. In 2015, Mattel was phished for $3 million<\/a>. Chinese hackers posed as the new CEO and ordered a wire transfer to a bank account. The email looked valid and received the proper approvals almost immediately. This technique is used in conjunction with knowledge of a company’s financial procedures.<\/p>\n This is the status quo — technologically illiterate executives lacking the critical thinking skills of a teenager. I propose that all executives must pass a cybersecurity course each quarter. These tests would update frequently to capture all developments in hacking technology. This should be a mandated training exercise to prevent further data breaches. This report should be alarming for all industries.<\/p>\n Link:\u00a0https:\/\/www.finextra.com\/newsarticle\/30014\/number-of-us-data-breaches-jumps-40-in-2016<\/p>\n","protected":false},"excerpt":{"rendered":" 2016 has been a very eventful year for technology hacking. According to a new report from CyberScout, there has been a 40% YoY increase in 2016 of US data breaches. This might have been overshadowed by claims of Russian hackers tampering with our election, but it is very alarming. The reports elaborates stating hacking, phishing, … Continue reading US Data Breaches Must Stop<\/span><\/a><\/p>\n","protected":false},"author":1552,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-291","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":2,"qubely_featured_image_url":null,"qubely_author":{"display_name":"kasimshaikh","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/kasimshaikh\/"},"qubely_comment":2,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"2016 has been a very eventful year for technology hacking. According to a new report from CyberScout, there has been a 40% YoY increase in 2016 of US data breaches. This might have been overshadowed by claims of Russian hackers tampering with our election, but it is very alarming. The reports elaborates stating hacking, phishing,…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1552"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=291"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/291\/revisions"}],"predecessor-version":[{"id":293,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/291\/revisions\/293"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}