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‘Heartbleed,’ ‘Shellshock,’ and ‘Poodle’—Oh my!

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Credit unions can expect continued exposure to cyber Jay McLaughlinLast year will be remembered as the year that left its mark on the state of computer security across the industry.From massive retail data breaches to cyber attacks waged by nation states against organizations, the widespread impacts led to unprecedented repercussions such as brand damage, increased audit scrutiny, and loss of market share.We witnessed a barrage of new malware variants and revamped sophisticated banking Trojans with even more capabilities.And how could we possibly forget the creative names bestowed upon the high-profile vulnerabilities disclosed: “Heartbleed,” “Shellshock,” and “Poodle” (you could cleverly add “oh my”).So what does 2015 have in store? Not surprisingly, we should probably hedge our bets toward more of the same.Protecting your membersThink credit unions and other community financial institutions aren’t in the cross-hairs? Think again.Account takeover fraud continued to rise in 2014, topping the $6 billion mark.Skilled fraudsters will continue to focus their attention on high-value targets—and no financial institution should think it’s excluded. continue reading »last_img read more