As organizations undergo the arduous process of selecting banking partners, one of the critical factors they must evaluate is the security of the institution. This aspect of the process cannot be understated. It has to be more than a single box that’s checked as a part of the due diligence process.
3 Lessons Preparing for the Zombie Apocalypse Can Teach You About Protecting Patient Data Against Cyber Attacks
Zombies are exactly like the cyber criminals we fight against every day to protect patient data. They’re everywhere you turn, they’re a seemingly unstoppable force, and they’ve got to be stopped, or else we’ll lose everything.
Malware is hardly a new threat in the security landscape. Banking Trojans that specialize in stealing user credentials, hijacking authenticated sessions and manipulating transactions in order to steal funds have been around since the inception of online banking. The threat that malware poses to banks, however, is more serious than ever.
Consider this: the only business tool used by Madison Avenue ad agencies in the 1960s that is still in use today, are the checks sitting on your desk. Nostalgia might make for great television, but it doesn’t mix well with banking.
The latest Association of Certified Fraud Examiners study indicates that the majority of insider fraud losses – as high as 80% -are caused by collusion of 2 or more employees…