It appears electronic commerce has been accepted as millions of Americans chose to do their shopping sitting in front of their computer screens. These 25,000 numbers were then posted on an Internet site by a hacker known as Maxus. Worried customers continue to shop online despite this news when the company promises to improve its security standards. Credit Union Magazine . Credit unions and other financial institutions are among the top targets for online criminals according to the experts.
Risk is the intersection of threat and vulnerability.
However, none of your risk management matters if the customer is too frightened to use the Internet services provided by these financial institutions. Hesitant members can find the faith in a system bolstered by as little as a reassurance that security issues are being assessed on a regular basis. They become much more receptive when the there is less perceived threat. This means fostering attitudes, training workers, and making security a priority. However, some issues need to be looked at before this can become a reality.