Presidential campaign operative John Podesta’s email was hacked earlier this year, reportedly as a result of spear phishing. Forbes reports that Podesta received an email that appeared to be from Google asking him to verify his account information. When he complied, he gave hackers everything they needed to access his account.
If Podesta could travel back through time, perhaps he would close the email in question, go to the Google site independently, and discover that there was no need to verify anything – the recommended protocol whenever you receive an unsolicited request for information.
Instead, Podesta was like many people who fall for socialized fraud schemes each year. For credit unions, these threats represent a dual concern: Members need help recognizing and avoiding potential threats, and so do credit union employees. Here are a few things to know:continue reading »