From the U.S., to China, to nations as small as Nepal and Bulgaria, financial institutions are under attack from hackers who may have already collected $1 billion in stolen funds. Using ‘spear phishing’ tactics, the “multinational gang of cybercriminals” infiltrated the digital security of several banks to manipulate ATMs and retrieve security footage detailing bank employees’ every move.
It goes without saying that all mission-critical sensitive information should be password-protected. The key to a strong, tough-to-decipher password is to create a combination of alpha-numeric characters and symbols that make sense to you, but not anyone else. Other than IT managers and specialists, most employees (who aren’t necessarily tech savvy) don’t know of the many digital applications and methods widely used to crack passwords and hack into computer systems.