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Why you should set up Bank Alerts! Setting up bank alerts, along with enabling Two-Factor Authentication (2FA), is a highly effective security measure for safeguarding your financial accounts. Bank alerts provide real-time notifications, instantly informing you of any unusual transactions, large withdrawals, or potentially fraudulent activities on your account. This early warning system allows you to take swift action in case of unauthorized access. Complementing this, 2FA adds an extra layer of protection by requiring a secondary authentication step, typically involving a code sent to your mobile device. This additional verification step ensures that even if someone gains access to your login credentials, they would still need the secondary code to complete the login process. Together, bank alerts and 2FA work synergistically to enhance the security of your financial accounts. They provide proactive monitoring and an added authentication layer, empowering you to detect and respond promptly to any suspicious activities, ultimately strengthening the overall security of your financial information. Let one of our skilled professionals ensure your protection. Jump on a free 15-minute video consultation with one of our best local IT and cybersecurity experts. >> https://lnkd.in/gX6DZN4b

Thank you Discover Financial Services for this extensive guide to protecting your online accounts. It is always a good reminder to diversify and manage the passwords you create across accounts.  #DiscoverEmployee #Digital #Tips #Security #Banking Discover Global Network

Thank you Discover Financial Services for this extensive guide to protecting your online accounts. It is always a good reminder to diversify and manage the passwords you create across accounts.  #DiscoverEmployee #Digital #Tips #Security #Banking Discover Global Network

Thank you Discover Financial Services for this extensive guide to protecting your online accounts. It is always a good reminder to diversify and manage the passwords you create across accounts.  #DiscoverEmployee #Digital #Tips #Security #Banking Discover Global Network

Truist Bank has confirmed a data breach after stolen data surfaced online, highlighting concerns over cybersecurity. The bank reassures customers of ongoing efforts to secure their information and investigate the incident thoroughly. This breach underscores the importance of robust cybersecurity measures in financial institutions. Customers are advised to stay vigilant and monitor their accounts for any suspicious activity. https://lnkd.in/gimi32wK #TruistBank #DataBreach #Cybersecurity #BankingSecurity #DataPrivacy #TechNews #OnlineSecurity #FinancialSecurity #DataProtection #CyberAttack #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

🔐 Evolve Bank: Data Leaked After LockBit Hack 🚨 👇 Here are the details 👇 📜 The LockBit ransomware group threatened to release data allegedly stolen from the US Federal Reserve, but it turned out the information came from Evolve Bank & Trust, an Arkansas-based financial organization. 📊 LockBit posted links to 33 Tb of data, initially leading to believe that the Federal Reserve was hacked. However, analysis revealed that the data belonged to Evolve Bank & Trust. 🔒 Evolve Bank informed its customers about the breach of personal information, including names, Social Security numbers, dates of birth, and account information. 🛡️ The company assured that the breach has been contained and that their customers' debit cards and online banking credentials do not appear to have been impacted. It is crucial for financial organizations to strengthen their cybersecurity measures to prevent such incidents. What strategies should they adopt to better protect their customers' data? 📍 SecurityWeek

#cyberattack: Banks face an ever-growing threat landscape, where data breaches loom large as a persistent risk. The sheer scale of the banking attack surface coupled with the myriad tactics, techniques, and procedures (TTPs) available to threat actors means that breaches are not a matter of "if," but "when." At comforte AG, we understand the urgency of safeguarding banking data. Our Data Security Platform stands as a bulwark against threats, automatically and continuously discovering, classifying, and protecting sensitive data wherever it resides within an organization—aligning seamlessly with policy. https://lnkd.in/e9cT9Qft

Thank you Discover Financial Services for this extensive guide to protecting your online accounts. It is always a good reminder to diversify and manage the passwords you create across accounts.  #DiscoverEmployee #Digital #Tips #Security #Banking Discover Global Network

Thank you Discover Financial Services for this extensive guide to protecting your online accounts. It is always a good reminder to diversify and manage the passwords you create across accounts.  #DiscoverEmployee #Digital #Tips #Security #Banking Discover Global Network

LockBit recently claimed they had stolen 33 TB of data from the Federal Reserve, right after a law enforcement crackdown on their operations and the unmasking of their alleged mastermind. Ransomware groups love to stir the pot, but the cybersecurity community was skeptical. Analysis revealed the data likely came from Evolve Bank & Trust, a smaller financial entity in Arkansas, not the Federal Reserve. Interestingly, the Federal Reserve Board had previously acted against Evolve Bank for lapses in anti-money laundering and compliance programs. This connection might have led cybercriminals to mistakenly think they hacked the Federal Reserve when they targeted Evolve Bank. Despite setbacks, LockBit remains one of the most active ransomware groups, though some experts believe they might inflate their victim count to maintain their feared reputation. This incident highlights the need for skepticism and verification in cybersecurity. Ransomware groups’ bold claims often unravel under scrutiny, but the damage to smaller organizations like Evolve Bank is real. Companies must maintain robust security measures and respond quickly and transparently to breaches.