Cyberthreats do not take a summer break. With understaffed offices and more unsuspecting victims working from remote locations, the risk of data breach incidents, ransomware attacks and virus infiltration is likely to increase.

With fraud ostensibly lurking in every corner of the internet, this can be a challenging time for financial institutions, businesses and consumers.

"Cybercriminal organizations don't take summer vacations off, and many employees just don't realize the security risks they are taking," Usman Choudhary, chief product officer at the Reston, Va.-based ThreatTrack Security, said. "Criminals understand the seasonality of consumer search habits and exploit that information to their full potential. Issue a reminder about basic security steps employees and businesses can take to protect themselves along with a list of potential threats."