What You Should Know About Cyber Heists
A cyber heist is a robbery that occurs in cyberspace or on the Internet. Hackers usually compromise business networks with e-mail scams and phishing attacks. They also steal usernames, passwords, logon credentials, and challenge questions, and they disable alerts before initiating the heists through the bank. Cyber heists have increased in intensity and sophistication over the past three years. What can you do, as a customer, or as a financial institution, do to protect yourself?
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