Targeting The Top: How Cybercriminals Are Getting Personal

Aon is delighted to have been featured in the Raconteur Fraud and Financial Crime Report published in The Times.

In our article, Targeting the Top: How Cybercriminals are Getting Personal, we explore how, in a world where almost everyone has a digital presence, cyber criminals have all the resources at their disposal to get to know their mark - and the ramifications can be devastating for senior executives caught in the crosshairs.

As online fraudsters expand their toolkit, is it time for senior executives to watch their step?

Article Highlights:

  • According to the UK Government’s Cyber Security Breaches Survey, phishing constitutes the most common cyber threat vector to business
    • 83% of organisations that spotted attacks registered phishing as the scammer’s chosen method
    • 50% of attacked companies said phishing and impersonation attacks were the most disruptive
  • Whaling is a highly targeted phishing attack targeting senior executives
    • In one case an Austrian aerospace manufacturer lost €50m and several employees including the CEO lost their jobs
  • Individual Vulnerability Assessments or IVAs can help senior executives understand their own level of exposure
Phishing infographic

About The Report:

Economic downturns have a habit of becoming a breeding ground for fraud. And with social media, cryptocurrencies, and non-financial sectors such as property, fine art and jewellery also proving hotspots for financial crime, there are plenty of dangers to watch out for. Will regulators be able to keep up in this constantly evolving landscape?

Download a complimentary copy of the report which discusses the:

  • Phishing threat to business leaders
  • Looming economic downturn and the rise in fraud
  • Anti-Money laundering threat to non-financial industries
  • Need to reassess approach to data protection
  • 2023 anti-fraud regulations to tackle financial crime

Download The Raconteur Fraud and Financial Crime Report


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