Whether the targets are direct deposits, W-2s, hospital records or data being held for ransom, the danger of being hit by a cyberattack is on the rise, and businesses need to be on their best game to protect themselves.
That's according to the April 2017 issue of Beazley Breach Insights, which reports that the "new thing" in 2017 is hackers' efforts to target direct deposit funds.
The report says that hackers resort to phishing to gain access to employee e-mail accounts; they then change the employee's direct deposit account details.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
