December 1, 2023

The Growing Threat: Cybersecurity Risks & Legal Penalties for Mortgage Companies

The mortgage industry has become a prime target for cybercriminals seeking to exploit vulnerabilities and gain unauthorized access to sensitive customer information. Several factors contribute to the attractiveness of mortgage companies as targets for cybercriminals: Abundance of Personal and Financial Data: Mortgage companies process and store a wealth of personal and financial information about their …

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The Urgency of FTC Compliance for Auto Dealerships in the Face of Cyber Threats

The automotive industry is a rapidly evolving landscape. While digitization of operations has brought unprecedented opportunities, it has also exposed a new frontier of threats: cyber-attacks. Some facts surrounding cybercrime against auto dealers: Dealerships experienced an average of 16 days of downtime after a ransomware attack Ransom payments on average were $228,125 for auto dealers …

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