Anti-Phishing, DMARC , Email Threat Protection , Fraud Management & Cybercrime

The True Cost of Phishing Attacks

IBM's Brooke Satti Charles on the True Cost of Phishing Attacks and How to Defend
The True Cost of Phishing Attacks
Brooke Satti Charles, IBM Security Trusteer

Midway through 2017, phishing attacks are very much on the rise, namely because they are too easy to launch and far too lucrative for the attackers, says Brooke Satti Charles of IBM Security Trusteer.

"Phishing is a really easy way to perpetrate an attack," says Satti Charles, a financial crime prevention strategist. "Creating a sophisticated way to break through a complex security system takes time, and sometimes a lot of money. So, why bother when you can simply trick a victim into giving up information or clicking a link?"

In an interview about the latest phishing trends and toll, Satti Charles discusses:

  • Today's most common phishing attacks and why they are so easy to launch;
  • How to calculate the true cost of such an attack;
  • How IBM is helping organizations improve their anti-phishing defenses.

Brooke Satti Charles is a Financial Crime Prevention Strategist with IBM Security Trusteer. Her primary focus is to highlight IBM's capabilities in fighting cyber-crime. Her career has been focused on research and reporting of cyber-crime, fraud, money laundering, insurance, terrorist financing, conflicts management, enterprise risk assessments, and regulatory compliance. Prior to joining IBM, Brooke held a number of roles at Bank of America and John Hancock / Manulife Financial Services. She is an accomplished writer and public speaker with a tremendous understanding of compliance and regulatory issues as well as the financial crime threat landscape.

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