C-level leaders, beware! Their online actions, clicks, and likes are being watched by a new breed of hackers.
These cybercriminals are honing their attacks with information that is already available. They are using social media, stolen credentials, and social engineering to target. And they are successful.
The new conclusion comes from the 12th Verizon 2019 Data Breach Investigations Report. It showed a strong correlation between rising social-engineering attacks and C-level account breaches.
The report noted that senior executives are 12 times more likely to be a social incident victim. They are also nine times more likely to be the target of social breaches than in previous years.
Money appears to be the biggest motivation. The report showed that 12% of breaches were financially-motivated social engineering attacks. While C-level executives are the biggest target group, all employees are being victimized.
One of the reasons was information availability. Verizon Global Enterprise, which authored the report,