{"id":1149,"date":"2022-06-02T06:00:07","date_gmt":"2022-06-02T13:00:07","guid":{"rendered":"https:\/\/humanitywealth.com\/?p=1149"},"modified":"2022-07-14T17:26:10","modified_gmt":"2022-07-14T17:26:10","slug":"data-breaches-for-your-financial-life","status":"publish","type":"post","link":"https:\/\/humanitywealth.com\/financial-literacy\/data-breaches-for-your-financial-life\/","title":{"rendered":"Data Breaches For Your Financial Life"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A data breach is where all your personal information gets exposed to people who don&#8217;t have authorization to it. It&#8217;s like you telling someone to keep a secret and they go and tell everyone!\u00a0<\/span><\/p>\n<h2><\/h2>\n<h2><strong>Data breaches tend to occur due to weakness in:\u00a0<\/strong><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.kaspersky.com\/resource-center\/definitions\/data-breach\" target=\"_blank\" rel=\"noopener\">Technology<\/a><\/strong><\/span><\/li>\n<li><strong><a href=\"https:\/\/www.kaspersky.com\/resource-center\/definitions\/data-breach\" target=\"_blank\" rel=\"noopener\"> User Behavior<\/a><\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>How Does A Data Breach Work? <\/strong><\/h2>\n<p><em>Research<\/em>: attackers look for weaknesses in the company&#8217;s security measures<\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">People, Systems, Network <\/span><\/li>\n<\/ul>\n<p><em>Attack<\/em>: this is where the attacker utilizes their preferred technique to gain access to the <span style=\"font-weight: 400;\">data they want\u00a0<\/span><\/p>\n<h3><strong>Initial contact is made via:\u00a0<\/strong><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\">Network Attack: occurs when the attacker utilizes infrastructure <\/span>weakness to obtain access to a company&#8217;s network<\/li>\n<li>Social Attack: an employee is either deceived into giving up credentials or baited with malicious software<\/li>\n<li><span style=\"font-weight: 400;\">Exfiltration: if the hacker is able to successfully extract data once they have access, the breach is considered a success\u00a0<\/span><\/li>\n<\/ul>\n<h3><strong>Common Causes of Data Breach:\u00a0<\/strong><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\"> Unpatched security vulnerabilities\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Human error [weak passwords, sensitive information spreading, taking phishing bait]\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Malware\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Insider misuse\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Physical theft of a device carrying sensitive data\u00a0<\/span><\/li>\n<\/ul>\n<h3><strong>Methods Used To Breach Data:\u00a0<\/strong><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\"> Phishing\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Brute Force Attacks\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Malware\u00a0<\/span><\/li>\n<\/ul>\n<h3><strong>What Do Attackers Target In Data Breach Attacks?\u00a0<\/strong><\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\"> Weak credentials\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Stolen credentials\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Compromised assets\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Payment card fraud\u00a0<\/span><\/li>\n<\/ul>\n<p><strong><a href=\"https:\/\/www.kaspersky.com\/resource-center\/definitions\/data-breach\" target=\"_blank\" rel=\"noopener\">Artifact: Data Breach Introduction and Protection<\/a><\/strong><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Third party access\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Mobile devices\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>Practices To Avoid Data Breach:\u00a0<\/strong><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\"> Patching + updating software\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/www.cose.org\/en\/Mind-Your-Business\/Operations\/5-Ways-to-Avoid-a-Data-Breach\" target=\"_blank\" rel=\"noopener\"> High-grade encryption for sensitive data<\/a><\/strong>\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Enforcing BYOD security policies [ie: requiring devices to use business VPN or antivirus software]<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Utilize strong credential creation<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Lean towards MFA- multi-factor authentication<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Utilize a password manager\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Humanity Wealth Advisors believes in sharing good knowledge and education. We believe your financial wellness comes from knowing good information&#8211; after all, knowledge is power and that&#8217;s what we&#8217;re all <\/span><span style=\"font-weight: 400;\">about.<\/span><\/p>\n<p><span>The articles we provide are free <\/span><span>resources <\/span><span>used simply to educate and pass <\/span><span style=\"font-weight: 400;\">knowledge; a knowledgeable investor is a great investor! <\/span><\/p>\n<p>We&#8217;re the financial advisors you want to come to for affordable financial planning in the\u00a0<span style=\"font-weight: 400;\">Bay Area. <\/span><\/p>\n<p>Did someone ask for financial advisors <strong><a href=\"https:\/\/humanitywealth.com\/pricing\/\" target=\"_blank\" rel=\"noopener\">without a minimum asset requirement<\/a><\/strong>? That&#8217;s\u00a0<span style=\"font-weight: 400;\">us!<\/span><\/p>\n<p>Data breaches can compromise data which may lead to diversion of financial planning;\u00a0<span style=\"font-weight: 400;\">giving readers information on data breaches helps us meet our goal to educate the\u00a0<\/span><span style=\"font-weight: 400;\">general public.\u00a0<\/span><\/p>\n<p><strong><a href=\"https:\/\/info.humanitywealth.com\/contact-us\" target=\"_blank\" rel=\"noopener\">Contact us<\/a> <\/strong><span style=\"font-weight: 400;\">if online financial advice is crucial to you- we can help you with that.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/info.humanitywealth.com\/free-ebook-5-easy-steps-to-start-retirement-planning-now\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-771\" src=\"https:\/\/humanitywealth.com\/wp-content\/uploads\/2022\/06\/Untitled-design.jpg\" alt=\"eBook Offer: 5 Easy Steps to Start Retirement Planning Now\" width=\"921\" height=\"344\" \/><\/a><\/p>\n<h5><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>A data breach is where all your personal information gets exposed to people who don&#8217;t have authorization to it. It&#8217;s like you telling someone to keep a secret and they go and tell everyone!\u00a0 Data [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":1152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[50],"tags":[64,68,53,51,56],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Data Breaches For Your Financial Life<\/title>\n<meta name=\"description\" content=\"Learn more about data breaches and how they can affect your finances. 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