Tag: employees

Cyber Risk

Lessons in Cyber-Hygiene: Securing Employee Passwords

The human element remains a significant threat vector for institutions of all sizes, and management is well advised to take proactive steps to educate and implement effective “cyber-hygiene” policies for all employees to minimize the risks associated the range of social engineering tactics, from phishing to inadvertent disclosures, as well as curb the opportunities for plain old mistakes. The area of password protection is among the most obvious areas for improvement in the world of cyber-hygiene. In a recent survey of 750 IT administrators and… Continue Reading
Cybersecurity / Emerging Issues

The Danger from Within: Banks Work to Combat Hackers Internally

While many companies work diligently to guard against external cyber threats, a number of banks are taking steps to protect themselves from another dangerous, yet equally damaging source — their own employees. According to the Association of Corporate Counsel, at least 30 percent of data breaches during 2015 were caused by seemingly harmless employee errors. To the unknowing employee, a simple click of the mouse could expose information or clues to those looking for an opportunity to breach even the most high-tech security systems.… Continue Reading