Statistics, Cybercrime, and Keeping Customers Happy

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Do businesses have vested self-interests in under-reporting fraud incidents in order to keep customers happy? According to this Huffington Post article, “the significant disconnect within many corporations, where internal security experts are unable to justify increased security methods or spending due to a lack of measured information, presents a grave danger to the well-being of our global economy. Having trusted measures and performance benchmarks will significantly reduce this information gap between security and executive leadership in organizations. It will help formulate more cost effective defense strategies against cyber crime.”

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Elaine Rigoli

Elaine Rigoli is PRIVATE WiFi's manager of digital content strategy.