Independent Banker - March 2023 - 39

PORTFOLIO
FOCUS CYBERSECURITY
Fixing phishing
Phishing has been around almost as long as email itself, which means hackers have
had plenty of time to perfect their practices. It's more likely than not that community
bank staff will fall for a scam, but how can the bank best respond? By Jen A. Miller
M
uch of cybersecurity relies
on humans, and humans, of
course, are fallible. That's why email
phishing campaigns, where a hacker
pretends to be someone else in hopes
that the target will cough up money
or information, are about as old as
email itself.
But now, hackers have become
sophisticated enough to fine-tune
targeted attacks at individuals-
even taking over someone's email
account-and do financial and
reputational harm. Community banks
are a prime target.
To build a better line of defense,
community banks can use
cybersecurity tools, but they should
also train their employees to watch
what's currently in vogue for hackers
and on what to do if they fall for a fake
email. Because as long as email is a
method of communication, phishing
attacks will stick around.
" Anyone with an email address is
targeted by phishing attacks, " says
Todd Stringer, information security
officer at $6.8 billion-asset BankPlus
in Ridgeland, Miss. The kinds of
attacks may change, but email is " a
prevalent attack vector that's not
going away anytime soon. "
In order to know what to look for,
independentbanker.org // 39
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http://www.independentbanker.org

Independent Banker - March 2023

Table of Contents for the Digital Edition of Independent Banker - March 2023

Table of Contents
Independent Banker - March 2023 - Intro
Independent Banker - March 2023 - Cover1
Independent Banker - March 2023 - Cover2
Independent Banker - March 2023 - Table of Contents
Independent Banker - March 2023 - 2
Independent Banker - March 2023 - 3
Independent Banker - March 2023 - 4
Independent Banker - March 2023 - 5
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Independent Banker - March 2023 - Cover3
Independent Banker - March 2023 - Cover4
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