Cyberthreats do not take a summer break. With understaffedoffices and more unsuspecting victims working from remotelocations, the risk of data breach incidents, ransomware attacksand virus infiltration is likely to increase.

Cybercrime is a business, Usman Choudhary, chief product officerat the Reston, Va.-based ThreatTrack Security, said.

“They are data thieves, specializing in certain specificskills,” he said. “They have an operational team. They developspear phishing campaigns. They also sell the data on the blackmarket on the Dark Net.”

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).