Cyber Attacks — C-Suite Execs a Prime Target

GetApp’s 2024 Executive Cybersecurity Report says cyber attacks are not only growing in number but they’re growing in sophistication. They’ve also found a new, lucrative target — C-suite executives and the senior executives of wealthy firms.

The app surveyed cybersecurity professionals and 72% said in the last 18 months this group has been a prime target.

Cyber criminals are also using AI-generated fakes and they now account for 27% of attacks nationwide. And — says David Jani, GetApp’s senior analyst — 37% of companies worldwide do not provide any kind of cyber security training for their top executives.

“Companies’ senior executives hold crucial business data, keeping them in the crosshairs of cybercriminals,” Jani said. “There’s a pressing need for businesses to prioritize specialized cybersecurity training for their leadership teams.”

Jani and the report note the frequency of attacks is on the rise and 68% of U.S. companies surveyed said they’ve seen an increase in the last three years. The average worldwide is 58%.

Senior executives are being bombarded with AI-assisted deepfakes and phishing schemes.

• 54% of U.S. companies report at least one identity fraud incident with a senior official in the last 18 months
• That’s 13% higher than the 41% average globally

Source link: Help Net Security — https://bit.ly/3zmQa62