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Cyber Attack Incidences on the Rise

The Internet Crime Complaint Center reports that cyber attack incidents have been on the rise, citing that claim that the FBI had witnessed a substantial increase in online banking fraud. MSRN earlier reported on the up tick in cyber attacks. Business must be proactive. Consumers can no longer carry the burden of the higher costs that are passed on as a result of criminal activity.

Industry professionals are proactively addressing the concern with plans from some to test their members' emergency response, notification, and communication procedures in response to a number of different types of cyber attacks against payment processes. The three-day exercise will simulate a different attack scenario each day.

To learn more go to: Financial Services - Information Sharing and Analysis Center

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MSRN has no purpose other than to inform the small business owner, the credit and debit card carrying public, and electronic industry members of good practices, bad practices, bad actors, and the many government and industry resources available to make the right business decisions. We do not endorse any products or services.