There’s no doubt about it: Cyberfraud is a growth industry. Every second, 12 adults become a victim of cybercrime – that’s more than 1 million victims each day around the world, costing the global economy approximately $113 billion per year.

The number of attempts to commit online fraud is on the rise and scammers are getting bolder and more creative in their efforts to steal your data and your money.

That’s why all business owners have a responsibility to help protect themselves and their companies from cyberfraud. 

City National’s top experts on fraud and cybersecurity recently gathered for a discussion designed to give business owners the knowledge and the tools they need to combat this growing threat.  

They discussed:

  • Business email compromise
  • Coping with ransomware
  • Auditing your “crown jewel” data to protect employee and vendor records, as well as intellectual property
  • The importance of having an updated backup plan

Speakers are:

Briane Grey, City National’s head of Corporate Security 
Lisa Bollinger, senior vice president in Treasury Management 
Mike Corlew, senior vice president in Banking and Investment Services