The Top 5 Halloween Techno Tricks That Scare Credit Union Executives
This isn’t child’s play, it definitely isn’t funny and it very well can cost your institution money. Cyber crooks are busily scheming up ways to separate your credit union’s assets from the institution. Here we have rounded up the top five things to really worry about.
* Patience May Win Out - for the Crooks
After a breach is detected, experts pore over Internet traffic logs and, according to new research from Verizon, with financial institutions, the perpetrators often have proven themselves to be remarkably patient. “We see cases where they have probed for weeks and months before they find a way in,” said Jay Jacobs, a Verizon spokesperson.
It’s already come to cellphones, said Ryan Disraeli, vice president of fraud services at Telesign.
* Credit Union Employees Are Under Attack
Considerable cyber crook focus now is on finding ways to take control of employees’ computers, tablets and smartphones. Get inside the firewall, the thinking goes, and a cyber crook can find numerous ways to loot institutional accounts.
Steve Santorelli, a spokesperson for security firm Team Cymru, said in his opinion the biggest current worry is: “Zombies in your machine – drive by downloads that appear as adverts on major, legit websites, that are essentially cross platform. You can't avoid the global pandemic unless you quarantine yourself: use a dedicated machine for nothing other than online banking.”
* We Are The Enemy
“The real threats to remote banking, quite frankly, are the users themselves,” said Pierluigi Stella, chief technology officer of Network Box USA, a security company based in Houston.