The U.S. government shutdown that started on December 22, 2018, is now the longest on record and is impacting more than 800,000 federal workers as of the time of this writing. Although the impact is clear for those government employees directly in the crosshairs, the full effect is yet to be realized for U.S. consumers.
Here are two federal agencies whose lack of funding could prove to endanger citizens’ defenses against identity crimes and fraud. Continue reading
Cybercrime is a lucrative business, and IT and Information Security (InfoSec) professionals’ jobs are only getting harder.
Advancements in mobile technology have transformed every employee into a roaming cybersecurity vulnerability. Many of us are now using our personal smartphones for work purposes. And, while that may seem harmless and cost-effective for an organization, personal mobile devices are now more powerful than the PCs of several years ago — and they’re just as open to cyber intrusions by hackers. This can lead to compromised data, resulting in breaches that can cost organizations millions of dollars per incident. Continue reading
Money and work continue to be “significant stressors” as tracked annually by the American Psychological Association’s (APA’s) Stress in America Survey, with nearly two-thirds of adults (64%) reporting one or the other to be a major source of stress. Continue reading
Money impacts all our lives in many different ways. It pays for the essentials that keep us healthy and safe. It enables us to be ready for future expenses and plan new experiences. And it makes us feel good when we can share it with people in need.
Having a steady income can also eliminate financial anxiety. While money cannot buy happiness, studies have shown that, on average, happiness levels do increase with income up to roughly $75,000 in annual salary. The reason money increases happiness (up to a point) is that it takes a certain salary to feel financially secure.
In our interconnected world, the same security vulnerabilities exist across both desktop and mobile devices. As a result, this essentially doubles the number of endpoints that hackers, cybercriminals, and identity thieves can target. For enterprises, especially with the consumerization of IT through Bring Your Own Device (BYOD), this has fueled an enormous challenge for organizations everywhere.
It’s been quite a year already. Global data breaches have already compromised 4.5 billion records in the first half of 2018, a 133% increase compared to the same time last year.
This disturbing trend is cause for concern not only for consumers but especially for your business and employees. Continue reading
This October marks the 15th annual National Cybersecurity Awareness (NCSAM) month. The need to better protect our nation’s critical infrastructure – otherwise known as the vast, worldwide connection of computers, data, and websites supporting our everyday lives, has never been at a more critical junction. With the volume and velocity of today’s data breaches, it’s more important than ever for individuals and businesses to proactively address the exposure of personal and confidential information. Continue reading
Unexpected expenses can be crippling. According to a recent report, only 39 percent of Americans say they would be able to pay for a $1,000 unplanned expense.
Inevitably this financial stress hits the workplace, making the employer collateral damage. According to the world’s largest human resources consulting firm, Mercer, “Improving employees’ financial wellness can lead to healthier employees, reduce absenteeism and lower turnover rates while raising employee satisfaction and improving the employer’s brand.” Continue reading
As new technologies emerge to transform the status quo, so does the opportunity for innovation around banking and payment services. Financial business leaders everywhere need to ensure they are investing in the right technology, and in some cases move away from legacy operations, even if it eats their own lunch.
But, as new technologies emerge, so to do the threats facing the industry. A lot of this has to do with the accelerated adoption of a digital lifestyle by consumers and enterprises. As a result, financial institutions must evaluate all possible risks to uphold the security standards of their account holders who entrust them with their sensitive personal and financial data. Continue reading
The Equifax Mega Breach | You’re Still Not Safe
It’s been a year since the Equifax data breach – one that affected nearly 148 million U.S. consumers in 2017. But even a year’s time doesn’t make the severity and sheer magnitude of this breach any better.
Aside from numbers, the highly-sensitive Personally Identifiable Information (PII) exposed by Equifax only heightened nationwide concern. Names, Social Security numbers, birth dates, and driver’s license numbers were among the millions of data points compromised.