Overview
Cyber Risk is growing quickly with the expanded digitization and increased sophistication of threat actors. Adding a heightened regulatory environment and this has resulted in a world were cyber losses are growing in frequency and severity.
Per Interpol, ” Financial crimes and cybercrime are invariably linked, as a significant amount of financial fraud takes place through digital technologies (making it ‘cyber-enabled’) and cybercriminals also depend on financial fraud to launder their illicit gains.”
Come here from our experts on cyber risk and the link to financial crimes.