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The 10 Deadliest Data Breach Prevention Sins

Social media use, passwords and training are a few areas credit unions should look at to prevent attacks.

By Roy Urrico | Updated on May 29, 2015

Cybercrime has become a worldwide issue, thanks to the growing sophistication of online techniques. In 2014 alone, the FBI’s Internet Crime Complaint Center (IC3) received 269,422 complaints with an adjusted dollar loss of $800,492,073.

More than a third of financial services industry websites contain at least one serious vulnerability, such as data exposure, every single day, according to the Santa Clara, Calif.-based WhiteHat Security’s Website Security Statistics Report. Serious vulnerabilities give attackers the ability to take control over a website, compromise user accounts on a system, access sensitive data, violate compliance requirements and possibly make headlining news.

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Roy Urrico

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.).

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