This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
09/21/2021
The Line of Defense for Users: 5 Best Practices to Avoid Cyber Attacks
FEI
The pandemic caused businesses to shift operations online practically overnight, which included the adoption of digital, modern payment solutions for both enterprises and small businesses. As digital transformation remains prevalent in this modernized landscape, cyber crimes have made advances into these digitized frameworks. In the last year, there were nearly 400,000 cases of credit card fraud in the U.S. alone. On top of that, the FBI Internet Crime Complaint Center’s (IC3) most recent report showed an increase in reported incidents of not only credit card fraud, but also phishing, ransomware, non-payment/non-delivery, identity theft, denial of service and other crimes. As criminals continue to seek out savvier ways to reach victims and exploit vulnerabilities, the number of cyber attacks will only continue growing.
Here are five best practices for businesses to implement, safeguarding users from falling victim to a cyber attack.
1. Data Backups: Keep reliable and secure copies of important data that aren’t just replicas.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more informationResources
Your electronic library to help in fighting financial fraud for all of our partners.
more information