Research conducted by Clearswift shows that 42 percent of all data breaches are caused by internal security lapses. That’s a staggering percentage considering it only takes one data breach to impact the entire customer base of a business, as was the case with the recent Marriott breach.
Internal security breaches can happen in a number of ways, but more often than not they occur when an employee clicks on or opens a suspicious email. And hackers are getting more sophisticated in their approaches. A Tech Republic study found that emails impersonating someone familiar to the recipient were up a staggering 50 percent in one quarter alone.
While we must all be vigilant about stopping fraud, it’s particularly important for credit union employees because they work hands-on with so much member data. How can credit unions ensure their systems and data are secure when all it takes is one bad e-mail click or attachment to put it all at risk?
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