Posts Tagged ‘SEC’

Cybercrime Will Increase in 2018

Posted on December 05, 2017 by Laura Lam

If you think 2017 was a bad year for cyberattacks, just wait to see what happens in the coming years, one cybersecurity expert warns. “We’ve only seen the beginning,” said Dr. Eric Cole, CEO of Secure Anchor and former CTO of McAfee and Lockheed Martin.  “Cybercrime is big business, it’s a very high-payoff, low-risk crime … we’ve seen nothing yet.” In 2016, U.S. financial losses stemming from cyberattacks totaled $1.33 billion, a 24% increase over the year prior, according to an FBI report. An Accenture study concluded that the number of hacks likely increased by more than 27% between 2016…