FTG Digital Library
Welcome Guest. | Log In| Register | Membership Benefits

The Cost of Phishing: Understanding the True Cost Dynamics Behind Phishing Attacks

Source: Cyveillance
Date: December 2008
Type: White Paper
Rating: (0)

Overview: In this white paper, Cyveillance’s phishing experts demonstrate the financial savings resulting from speedy detection and take down of phishing attacks, as well as significant financial repercussions of slow phishing detection and take downs. According to a Gartner study released in December 2007, phishing attacks represent a staggering amount of fraud, costing organizations more than $3 billion annually. Even more shocking than this cost is the fact that phishing is a steadily growing problem with no end in sight. # For more than six years, Cyveillance has seen customers of both large and small branded companies fall victim to this pervasive form of online fraud, with phishing attacks against more than 2,000 brands across 30 countries. Cyveillance used this extensive experience to establish the baselines used in the model and can be easily adapted to any organization.


Click here to download now

View all content from this source

Not what you’re looking for? Search again
Go Advanced »
 

Featured Banking Resources

Digital Services Play a Key Role in Acquisition and Retention
A new survey reveals prime areas for digital investments that boost customer retention.

Improving Account Enrollment Processes to Increase Customer Loyalty
Streamlining the account opening process leads to profitable and engaging customer relationships and deepens customer loyalty.

Banking Webcasts