Security News > 2022 > November > Identifying key areas for fraud risk during the recession

Identifying key areas for fraud risk during the recession
2022-11-30 05:00

While the world slides into a recession, the resulting increased debt, supply chain delays, and inflation create increased pressure on individuals to make ends meet.

In this Help Net Security video, Ari Jacoby, CEO at Deduce, discusses how cybercriminals see times of downturn as an opening to exploit potential vulnerabilities.

Companies are also at risk from internal sources.

Layoffs and heightened expectations to perform may create disgruntled employees.

Mass offboarding also increases the chances that something will be missed as you remove employees from critical documents and revoke access to sensitive information.

Founders on a budget may not have their normal resources deployed to help prevent fraud both internally, externally, and even from vendors.


News URL

https://www.helpnetsecurity.com/2022/11/30/economic-pressure-fraud-risk-video/