Bank Hackers Get Credit Reports

Security HackersLast year a Texas, U.S. bank was hacked and access was gained to a major credit reporting company. The result was that 847 credit reports were stolen. More than 17,000 have been stolen since 2006.

“According to the Bloomberg news agency, hackers accessed an employee PC at Abilene Telco Federal Credit Union. That PC had access to Experian’s credit reports, so hackers were able to steal the information through a legitimate account.”

I find two items of interest in this report. First, that employee computers have been identified and hacked; and second, that the hackers, through the credit reports, have access to a lot of information that will enable identity theft. Information such as your bank accounts, mortgage and other loans, and what credit cards you use.

We’ve reported before that personally identifiable information should be protected at all times. It’s probable that the hackers found out that this particular employee whose computer was hacked was known to work in that banking institution and possibly that the employee had access to credit bureau databases. I suspect this type of information could have been obtained from social networking sites such as Facebook, Twitter, LinkedIn, or Google+.

We need to be very protective of our personally identifiable information to avoid identity theft, let alone exposing our place of employment to hacking, as was the case here. You’ve heard me use the phrase “Think Before You Click” in the context of avoiding malicious links to dangerous websites. We should also “Think Before You Share” in order to avoid identity theft.

Reference: article

Be very careful…it’s dangerous out there.

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Filed under Cybercrime, Facebook, Internet, Internet Security, malware, security, Social Networking, Warning

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