Links in “Cybersecurity/Data Breaches”

Although the numbers are down somewhat, card fraud and identity theft are still the most often reported crimes according to a recent Gallup poll. Given that, it’s probably no surprise that 70% of the poll participants stated that they “frequently” or “occasionally” worry about hackers stealing their card information or becoming a victim of identity theft. [10/30/15]

It’s all trick and no treat. Take a look under the covers of the five most pervasive investment scams that primarily target baby boomers and retirees, and share them with your members. [10/30/15]

Just last month U.S. and British law enforcement officials announced they had dismantled the notorious Dridex malware, which had cost $30 million in bank fraud losses in the U.K. and $10 million in the U.S. Now…..it’s back and its first target appears to be IKEA customers, but more victims are likely to follow. [10/30/15]

The Cybersecurity Information Sharing Act passed the Senate and is going through a conference stage to reconcile the Senate and House versions. Here are five things you should know about CISA. [10/29/15]

Yesterday, the Senate voted to approve the Cybersecurity Information Sharing Act, which will facilitate the sharing of information concerning cybersecurity threats among companies and government agencies. It’s definitely a step in the right direction. However, there is more work to be done as bills are still pending that would create national data security standards. [10/28/15]

Next up for the Cybersecurity Information Sharing Act, which the ABA supports, is reconciling the versions of the legislation passed by the House and Senate. [10/28/15]

Five steps you should take in the initial 48 hours after you discover you've been breached. [10/26/15]

By invoking cloture on a manager’s amendment, the Senate can now complete its work on the Cyber Information Security Act next week. The Act is designed to provide for greater security of financial data by enabling faster and more efficient sharing of cyber-threat information between businesses and government agencies. [10/23/15]

The most basic form of information theft is observation. Remind your customers that when using their mobile devices, they need to be aware of their surroundings, especially that person in line behind them. This is one of 12 practices ABA is suggesting to help keep your customers safe from mobile fraudsters. [10/23/15]

Do you know the six key signs of card fraud? Two fintech companies have studied years of card fraud statistics and have identified the six common factors. Some may surprise you. [10/22/15]