Insights
Category: Cybersecurity
December 5, 2024
Protect Yourself by Freezing Your Credit: Here’s How
2024 has unfortunately seen a continued trend of large data breaches being reported month after month. These breaches can leave us all feeling vulnerable, as so many of the organizations we routinely deal with store our Social Security numbers, dates of birth, addresses, and other sensitive data. In Washington alone, two instances were reported in [...]
Contributions from: Glen Goland, CFP®, JD
November 22, 2024
Bitcoin’s Run-up: Opportunity or Risk? A Cybersecurity Perspective
At the time of writing, Bitcoin has surpassed a value of $95,000 per token. This rapid run-up has driven a renewed focus on Bitcoin and other cryptocurrencies, with crypto-fans being inspired by visions of enormous profit potential while hoping that decentralized currencies could become primary forms of payment. The extraordinary attention may prompt investors to [...]
Contributions from: Ethan Luxton
September 30, 2024
Understanding Wire Fraud and How to Prevent It
Wire fraud is on the rise. According to the FTC Consumer Sentinel Network, the first two quarters of 2024 have seen 18,791 reports of wire transfer fraud with a total of $148.9 million lost to these schemes. What is Wire Fraud? Wire fraud involves the use of electronic communications ― either verbal or written ― [...]
Contributions from: Ethan Luxton
September 12, 2024
Cyberfraud Scam: Fraudsters Posing as Wealth Managers on WhatsApp
Financial firms are being alerted to a new cyberfraud scam that all investors should be aware of and take precautions against. Here’s what is happening and what you can do about it: A popular technique of cybercriminals is to impersonate – or “spoof” – a legitimate business or individual in order to target their connections [...]
August 29, 2024
Cybersecurity and You: Protecting Your Assets
In 2023, cybercrime reached a staggering $12.5 billion according to the FBI’s Internet Crime Report. There were a record number of complaints ― over 880,000 ― which represented a 10% increase since 2022. Cybersecurity is quickly becoming one of the most talked-about security topics given the increase in data breaches, scams, and malicious attacks that [...]
Contributions from: Ethan Luxton
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