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You're going to be hacked — Have a plan

This warning came from Joseph Demarest, assistant director of the FBI's cyber division in a recent article in USA Today. The article speaks to the proliferation of cyber attacks on US financial institutions that have resulted in more than 500 million financial records being stolen in the last 12 months. Large data breaches at institutions like Target and Home Depot have made the headlines, but other smaller breaches, such as ones recently at Dairy Queen, KMart and the Municipal Bond Insurance Association, are also occurring more and more frequently. Many victims don't even know their data has been exposed until told by their financial institution or government investigators.

Today's bank robbers are using the internet to carry out their attacks and no longer have to walk into the bank or even be in the same country. FBI and Secret Service officials are working more closely with international law enforcement groups to bring these hackers to justice. The Senate too has taken some action to help fight cybercrime by approving a bill to make it easier for the Department of Homeland Security to hire cybersecurity experts.

Read more about the article "Officials warn 500 million financial records hacked" by Erin Kelly, USA TODAY 8:10 p.m. EDT October 20, 2014


Want to find out more about fighting economic crime or about becoming a cybersecurity expert? Utica College offers the following in-demand programs to prepare you for a successful career in cybersecurity, fraud management, compliance, risk management, financial crime investigation and economic crime management:

BS in Cybersecurity
BS in Fraud and Financial Crime Investigation
MS in Cybersecurity
MS in Financial Crime and Compliance Management
MS in Fraud Management
Financial Crimes Investigator Certificate

Request More Information or call us today at (315) 732-2640 or toll-free at (866) 295-3106.