Information losses from cyber attacks up in 2017, report finds

Information theft or loss due to a cyber incident was the most “prevalent” type of fraud experienced by businesses in 2017, according to a new industry report on risk and fraud.

This issue edged out the threat of theft of physical assets or stocks, according to respondents to The Global Fraud and Risk Report, with 29 percent of business executives surveyed reporting a cyber attack that led to information theft or loss. This is the first time in the...