Links in “Cybersecurity/Data Breaches”
- Pima FCU Hit By Cashier Check Scam
Pima FCU has been the target of an inventive scam in which bogus checks that appear to be from the credit union have been sent to consumers across the country who were either selling products or applying for secret shopper jobs on Craigâs List. The credit union does not know how many checks were sent, but at least $117,000 in fake checks have been cashed to date. [1/28/16]
- You Never Hear About the Ones That DON’T Get Away
Big fraud cases are frequently in the news. But what is less well-known is that our nation's banks stop more than $8 out of every $10 of attempted deposit account fraud. [1/28/16]
- The Long Tail of Post-Breach Costs
Survey finds that more than 40% of organizations suffering a breach felt the biggest monetary pinch one- to 12 months after the attack. These financial shocks often come from unplanned purchases following an incident. [1/27/16]
- The Five Types of Cyber Attackers
From hacktivists, nation states, organized criminals, and insiders to lone individuals simply seeking to boost their reputation within the hacking community, each type of attacker poses their own brand of risks. [1/27/16]
- On the Offense: Meeting Cyber Extortion Head On
A wave of cyber extortion appears to be heading our way. The question is no longer if it might hit, but when. The Federal Financial Institutions Examination Council released a statement warning financial institutions about the increasing frequency and severity of cyber attacks involving extortion. What do these attacks look like and what should you be doing about them now? [1/26/16]
- Insurers Getting Wise to Red Flags of Poor Information Security Practices
When it comes to cyber insurance policies, the insurance industry is maturing. Some customers with lax information security practices could experience pain. [1/26/16]
- When You Love Star Wars Too Much
You can love Star Wars, but when you make Star Wars references your password, you may have officially crossed the line. Joining "123456" and "password" on the list of 2015's worst passwords are "starwars," "solo" and "princess." Here's the rest of the shameful top 25. [1/20/16]
- Huge Hyatt Breach Reiterates Need for National Data Standards
Hyatt Hotels, which had initially reported a data breach on Dec. 23rd, has announced that the scope of that breach was significant. Their investigation revealed that the breach affected 250 hotels in 50 countries and that most of the data stolen was from transactions in the hotelsâ restaurants, spas, golf shops, parking lots, and from purchases made at the front desks. [1/19/16]
- Trojan Migrates from European Banks to Japanese Banks; Could US Banks Be Next
Infection campaigns began in December with emails disguised as a package delivery waybill from an international transport company download malware had been targeting banks in Europe, but then began targeting banks in Europe. U.S. banks need to monitor such threats because cybercriminals may be intending to migrate such threats here. [1/11/16]
- 2015âs Top Ten Data Breaches
It may not be the most enjoyable thing that we can reminisce about from 2015, but reviewing the top ten data breaches for the year can provide valuable insight. The 781 data breaches that exposed 169,068,506 records in 2015 represents a slightly lower number than in 2014. The industries that were the most common targets (beginning with the most frequent target) were:Â Medical/Healthcare; Government/Military; Banking/Credit/Financial; and Educational. [1/8/16]
