Work with Human Behavior to Avoid Breaches and Cybercrime, Says Cybersecurity Expert

Work with Human Behavior to Avoid Breaches and Cybercrime, Says Cybersecurity Expert

Organizations continue to operate under a cybercrime misconception about their customers, and it’s costing them a lot of money, said cybersecurity expert Theresa Payton, the Monday luncheon keynote speaker. “The conventional wisdom [in cybercrime and fraud] is that ‘humans are the weakest link … That’s why we have security problems.’ I want to change that conversation now.

“I used to feel that way when I was in the financial services industry,” she said. “I’d say, ‘I wish we could just train our customers on the little bit of what I know. My job would be safer and easier to do, and we’d all be happier.’ We’ve been talking this way for decades. We keep asking ourselves, ‘Why do people click on links? Why do people open attachments? … Why do people make these mistakes?’

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Crime in Business and the Business of Crime

Crime in Business and the Business of Crime

In the 90s, smash-and-grab thefts at jewelry stores accompanied by security footage dominated the news more than foreign hackers and cyberattacks.  

Seemingly overnight, everything changed. Suddenly criminals figured it out — you don’t have to use a gun to commit a crime anymore. You can rob people from far away — from another country even — without worrying about ending up in a shootout with a cop. 

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We've Been Hacked! Now What?

We've Been Hacked! Now What?

If you grew up on the ocean and around boats, chances are you learned how to swim at a very young age. And like Jack Healey, CFE, CPA/CFF, CEO at Bear Hill Advisory Group, you might have even taken water safety courses. “Included in every water safety course I completed was a section on ‘what to do if you wind up in the water and you’re not able to swim,’” said Healey in his breakout session, “We’ve Been Hacked! Now What?” at the 29th Annual ACFE Global Fraud Conference.

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The Growing Threat of Business Email Compromise

The Growing Threat of Business Email Compromise

“In the good old days when I started my career, my life was much easier,” said Issam Zaghloul, CISSP, CISA, CGEIT, Head of Information Security at Majid Al Futtaim Holding. He has been working in the cybersecurity field in one way or another for the last 16 years. The work was easier, he explained, because there wasn’t as much data to track, and it was all stored in centralized locations. In other words, things were simpler and much more straightforward.

Today, however, we eat data for breakfast, according to Zaghloul, and our systems of tracking, moving and storing data have become infinitely more complex.

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Essential Tools for Fighting Cybercrime

Essential Tools for Fighting Cybercrime

I’ve attended four ACFE Global Fraud Conferences as an ACFE staff member, and every year I end up writing something about changing technology. The updates, improvements and technological advancements seem endless.

And here again I found myself in Keith Elliott’s Pre-Conference session as he emphasized how important it is for anti-fraud professionals to hold themselves to a higher level of accountability during investigations when using social media and new technology.

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