Contributed by Todd Morris, Vice President Commercial Lines, CB Insurance
I had every intention of posting on a different topic than my last blog until I read this article. To summarize, a couple in Colorado was in the process of refinancing their dream home and, as most of us would have, they expected everything to work smoothly. However, when a cyber criminal stole the funds intended to pay off their existing mortgage, the couple was left facing the battle of fixing their credit and keeping their home. This situation makes it painfully clear that cyber crime is a real problem.
Our own president recently commented on the issue of cyber security. The growing number of attacks on our cyber networks has become, in President Obama’s words, “one of the most serious economic and national security threats our nation faces.” Long gone are the days when hackers would brag about the fact they were able to gain access to your systems or deface your website. Today’s hackers are sophisticated criminals who want your money.
The Department of Homeland Security plays an important role in countering these threats. Check out DHS tips on cyber security so you can become more aware of how serious these threats are and can begin taking steps to protect yourself, your identity, and your hard-earned assets.