Charities the New Focus of CyberCrooks
Posted by: Timothy Weaver on 03/14/2017 02:15 PM
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Charities are increasingly being targeted by cybercriminals who seem to have no ethical considerations, according to James Mulhern, chief information security officer at Eduser.
While acknowledging that "digital is essential," Mulhern warned that the world had reached a "tipping point" and there was a risk of the internet going from “being a net force for good to being a net force for bad.”
“Charities are a big target for cybercriminals,” he said, because that's where the "valuable data" is.
The criminals aren't just looking for credit card information. Credit cards sell on the dark web for $0.25. Health records go for $2.50, but personal records can fetch $28.
Mulhern cautioned that charities need to put more emphasis on security and training of their personnel or "somebody is going to be able to make a bad headline out of that.”
Source: SCMagazine

“Charities are a big target for cybercriminals,” he said, because that's where the "valuable data" is.
The criminals aren't just looking for credit card information. Credit cards sell on the dark web for $0.25. Health records go for $2.50, but personal records can fetch $28.
Mulhern cautioned that charities need to put more emphasis on security and training of their personnel or "somebody is going to be able to make a bad headline out of that.”
Source: SCMagazine
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