Fraud and Cyber Reminder – AGAIN – Where do over 95% of the intrusions come from?

This is REALLY important for all of us… take a few to read – will try to keep it as short and direct as possible !

Since last talking about this, a 4.5 hour (went faster than you may think) meeting was attended with experts from across the country on this subject….

Great notes, a thick booklet, and subject matter for us to visit on once again…

Key Points:

VAST number (>95%) of intrusions are from email – i.e. bad click, usually while in a hurry (guard down)

Thankfully the fraud is USUALLY not extremely technical – i.e. its a simple human slip up

Cell Phone Texts are no longer safe – Bad guys have figured them out

File Sharing programs are the best

Two Factor Authentication is the bomb – use as much as possible

Email take over and impersonation is the most common

USB or Pen External Drives are full of viruses

Ideas for staying safe:

Password of 15 characters – know that is long- Use a password phrase with a symbol for easy reference

Never EVER open or click on an unfamiliar email link – if important there is another way or repeated after confirmation

Never use Pen/USB External Drives – Heck we are disabling the ability to use them in our office computers – setting in Windows

Wow – this morning our local Newspaper runs a special from the FBI – DO NOT USE PUBLIC CHARGING STATIONS – Well guess the bad guys have found them too… Avoid all public locations!

We adapt and they adapt…but that is ok, just keeping this a bit top of mind should keep us all much safer!

Have a Great “Cyber Reminder” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



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