Beware: RIA privacy breaches aren’t always high-tech

Les,

Great article. Social engineering (confidence games) and disgruntled employees still make up over 80% of all breaches. With 70% of those being “inside jobs.” The number of unreported major security breaches suffered by healthcare, financial and other entities that use and store priviate client data is staggering.

So the next time someone calls into your firm’s reception desk and starts acting all friendly and asking seemingly innocent questions about your firm’s operations, it may not be so friendly. Do not underestimate the vast knowledge and tools that social engineers have at their disposal and the least of which not being their innate ability to pry information from the unwary.

And oh yes how true – Loose Lips Sink Ships.

Regards,

Pete