After tricking employees into opening emails that gave them access to debit card account numbers at National Bankshares of Blacksburg, Virginia, Russian hackers stole $2.4 million from hundreds of ATMS across the country in 2016 and 2017, news accounts say.
To make matters worse, the bank’s insurer has offered only $50,000 to cover the loss, a dispute that is now in federal court.
Taking your insurance company to court is one way to reduce your cyber security losses. A better way is to arm yourself against such losses in the first place. At onShore Security, we have 20 years experience in protecting banks from cyber intrusions and a comprehensive system of detection, analysis, and ongoing vigilance that builds security, inside and out. Learn more from our CEO in the video below.