Cyber crooks now have more bank account login credentials than they know what to do with.
That is a frightening bottom-line conclusion of new findings released by Dell SecureWorks, which pegs the cost to buy a username/password log in to a bank account with at least $70,000 in it at $300 or less.
The question credit union executives need to ask themselves is: what can be done to secure accounts in an era where criminals seemingly have as many valid login credentials as they want?
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.
