BATON ROUGE, La. — Security specialists using network penetration, phishing, fake phone calls and simply walking in dressed like a fire marshal or exterminator were able to walk out of credit union and bank branches with sensitive data nearly every time, according to a new report.
TraceSecurity, a Baton Rouge-based provider of IT risk assessment and security compliance solutions to more than 800 banks and credit unions, said it found that 95% of the sensitive data behind those walls could have been robbed on average in 30 minutes or less, representing personal identities of tens of millions of consumers.
The company (www.tracesecurity.com) is basing its claim on its own experience over the past five years. The report said its results are from a core group of its own customers, ranging up to $2.7 billion in assets and located in 48 different states.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
