File Sharing Opens the Door to Malicious Software

Unintentional Actions Can Have a High Cost

Many cyber “crimes” are unintentional, but they come at a high price. The loan officer’s computer had to be scanned at length and repaired at great cost, and the entire network for the bank had to be taken offline for scanning and repairs. Customers had to be communicated with regarding the potential risk to their personal identities and financial information, and the bank had to pay for credit monitoring services for its customers for a year. In many cases, repairing a computer or network that has been infected with malware costs more than replacing it, and much important data is lost in the process. This event cost the bank thousands, and did untold damage to its reputation among customers.

Share Article:
Add to GooglePlus
Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC., Member FINRA / SIPC . Wauchula State Financial Services is a trade name of the bank. Infinex is not affiliated with either entity. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits of or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.