Cybersecurity for Local Government: Why Public Agencies are Migrating to Cloud-Based ERP Software
A World Economic Forum survey found that 73% of global leaders say cybercrime hit them, their company, or someone they know in the past year—and Ohio State Auditor Keith Faber says local governments are getting hit, too.
Faber told reporters he believes Ohio loses more money to cyber fraud than to employee theft, noting that his office keeps seeing ransomware and vendor payment redirect scams. Over the past three years, his office logged more than 150 cyber incidents impacting counties, municipalities, townships, school districts, villages, and other public entities. While some were stopped before money moved, confirmed losses ranged from a few thousand dollars up to $1.9 million.