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Posted on March 3, 2015 by

Keep Cybersecurity at the Top of Your List

Earlier this month, the SEC released a report summarizing its findings from a cybersecurity examination it conducted last year. According to the report, at least 88% of broker dealers and 74% of advisers have been the targets of cyber-attacks. Most of these attacks occurred through fraudulent emails, and in one case an adviser lost more than $75,000. With numbers like these, it is clear that cybersecurity should be at the top of the list when it comes to…

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Posted on February 20, 2015 by

Banks Lose Big Bucks to Multinational Malware Heist

Kaspersky Labs announced this week their discovery of a cybergang who stole upwards of $1 billion from over 100 banks around the globe. In the largest heist of its kind, each victim was robbed of $2.5 million to $10 million spanning a two to four month period. Since August of 2013, money was acquired through several means, depending on the entity and how it operated. These means include remotely dispensing cash from ATMs, processing fraudulent transactions that transferred…

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Posted on February 13, 2015 by

Financial Institutions: Watch for these 5 Cyber Threats, says FFIEC

The FFIEC recently added the “Strengthening the Resilience of Outsourced Technology Services” appendix to its Business Continuity Planning IT Booklet, which details for the first time ways financial institutions (FIs) can increase their cyber-resilience as it relates to technology service providers (TSPs). Among the four key elements of business continuity planning that FIs should address are practices for preparing for, responding to, and recovering from disruptions caused by the following likely cyber threats: Malware Malware, or malicious software,…

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Posted on February 6, 2015 by

Is Your Law Firm Cyber Ready? Here Are 3 Tips that Work!

Law firms are becoming increasingly aware of the interest cyber criminals are paying them. Despite this awareness, roughly 72% of respondents surveyed in a recent study admit their firm has not performed a risk assessment nor calculated the costs associated with a potential cyber breach.  This oversight can lead to expensive ramifications should confidential client data and private firm-related information be leaked. What can your firm do to mitigate risks to your cybersecurity? Follow these tips: 1.  Plan…

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Posted on January 22, 2015 by

How Prepared Is Your Credit Union for a Cyber Attack?

With everything from Sony emails to government Twitter accounts being hacked recently, it seems as if no one is safe from a cyber attack. The NCUA recognized cyber security as an important issue early on and launched the Cyber Security Resources page. These regulations, guidelines, and recommendations from the NCUA ensure that credit unions are properly prepared for cyber threats. However, these regulations do not stop cyber attacks from happening. In fact, there has been a 48% increase…

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Posted on January 15, 2015 by

The Sony Hack in Review: Responding to Threats

Sony’s decision to cancel the December 25 release of The Interview in theaters received intense criticism as many viewed it as an act of cowardice, especially since government officials believed there was no evidence at that time to indicate the threat to moviegoers was credible. Despite the disapproval, Sony’s response to this and the numerous other threats they received was in the best interest of the safety of their company, their employees, and the American public, according to their released statement….

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Posted on December 15, 2014 by

Australian Hostage Crisis a Shocking Reminder to Plan for the Worst

Employees and patrons entering the Lindt Chocolat Café in Sydney, Australia, early Monday morning had no idea how dangerous the series of events ahead of them were about to turn. Gunman Man Haron Monis, reportedly a jihadist suspected of murder and sexual assault, held at least a dozen people hostage as he demanded to speak directly to Prime Minister Tony Abbott, among a long list of other demands. The situation has persisted for over 16 hours, resulting in…

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Posted on December 11, 2014 by

Pineapple Express Is Sure to Be a Downer

The West Coast is bracing for potentially one of the largest winter storms to hit the area in years, bringing with it an atmospheric river known as the Pineapple Express. This atmospheric river can span 400 miles wide and cause serious hazardous conditions, including flooding and mudslides. Heavy rainfall could exceed 8 inches in some areas, while locales above 6,000 feet could see up to three feet of snow. For those living and working in the area, it…

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Posted on December 2, 2014 by

Download Your FREE Winter Weather Toolkit

The record-breaking extreme cold and winter weather conditions already seen by much of the US found many unprepared for what’s in store this season. Severe winter weather, including snow, ice, and freezing rain, can cause damage to a business both structurally and financially, while completely disrupting normal business operations. Preparis wants to make sure that you and your employees are prepared and safe when the next big winter storm heads your way. Click on the following links to…

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Posted on December 1, 2014 by

7 Tips to Avoid Hit Man Email & Other Scams

Officials in Florida warn of an email that claims to be sent by a professional hit man hired by a friend to kill the recipient. The email further claims the recipient is being watched, and if the demands aren’t met, the recipient’s family will be harmed. The email is a scam and anyone who receives it should NOT reply. Responding to the email indicates the scammers have found an active email account, which can lead to further harassment….

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Business Continuity Resources

Find business continuity resources, including free webinars, whitepapers, checklists, and tabletop exercises. Visit: Preparis Resources