TrueTec Systems’ Post

Understanding the Luhn Algorithm: A Key Tool for Financial Security 🔒 This step-by-step breakdown of the Luhn Algorithm demonstrates how credit card numbers are validated, ensuring secure transactions. In today's digital age, financial institutions rely on such verification methods to detect fraud and protect users from cyber threats. As we continue to prioritize cybersecurity, it’s essential to understand how these systems work to maintain trust in online banking. Let’s work together to ensure stronger financial security across the board! 💳 #Cybersecurity #FinancialSecurity #BankFraudPrevention #DigitalSafety

When logging into your online accounts—whether it’s email, social media, or online banking—think about enhancing your security by enabling two-factor authentication. Adding this additional security layer makes it much harder for hackers to break into your accounts. 🔒 Click to read more about how two-factor authentication works and how to implement it to dramatically improve your digital security. ➡️ https://buff.ly/3VDcu3F #CyberSecurity #2FA #OnlineSecurity #TexasHeritageBank

🚀 Here's what you need to know about DORA. ⬇️ The Digital Operational Resilience Act (DORA) represents a significant milestone in the EU's efforts to strengthen the cybersecurity framework of its financial sector. DORA is designed to create a more resilient and secure financial ecosystem, ensuring that financial institutions can effectively withstand, respond to, and recover from digital disruptions. By embracing DORA’s requirements, financial entities can protect their customers, preserve trust, and mitigate the impact of cyber incidents. 📈 🔗 Learn more about DORA and how you can benefit ➡️ https://lnkd.in/dcHJPqpM 🔄 Found this helpful? ➡️ Share it with your network! #Fintech #Cybersecurity #DORA #RegulatoryCompliance #DigitalSandbox #Banking NayaOne

🔒 AT&T’s Response to the Major Data Breach: A Deep Dive into the $370,000 Ransom Payment 🔒 In a startling disclosure, AT&T revealed it paid over $370,000 to a hacker to delete stolen call and text records of millions of its customers. This breach, occurring between May 2022 and January 2023, exposed significant vulnerabilities in AT&T's data security systems. Key Points: 🔹The Breach: Stolen call and text message metadata for millions of customers. 🔹The Hacker: Linked to the notorious ShinyHunters group. 🔹The Ransom: 5.7 Bitcoin paid for data deletion. 🔹Proof of Deletion: Video evidence provided by the hacker. 🔹Ongoing Concerns: Potential misuse of remaining data fragments. 🔹Delay in Disclosure: The public was informed months after AT&T first learned of the breach. 🔹Impact: Raises critical questions about customer data safety and national security implications. Discover the full story and its implications in our comprehensive blog post. 👉 Read Full Blog Post: https://lnkd.in/gZDAegBB #ATTHack #DataBreach #CyberSecurity #CustomerData #DigitalSecurity #RansomPayment #TechNews #DataProtection #ITSecurity

In today’s digital world, protecting your identity and finances is more important than ever—especially for those nearing or in retirement. With accumulated assets, you can become a prime target for cybercriminals. "Financial defense" goes beyond market strategies; it also means helping to ensure your personal information is secure. From online banking to shopping, make cybersecurity a priority. #cybersecurity #wealthmanagement #financetips

To help protect your financial transactions and sensitive information, the .bank domain is exclusively reserved for verified banks and financial institutions. This means when you see a .bank website, you can trust that it’s a legitimate, secure, and regulated entity. Why It Matters:  1) .bank domains meet higher security standards to keep your data safe from cyber threats.  2) Only verified financial institutions can obtain a .bank domain, ensuring you're interacting with a legitimate bank.  3) Look for the .bank domain to confidently manage your finances online. 💡 Remember: Always check for .bank to ensure you're banking with a verified and secure institution. #BankingSafety #CyberSecurity #StaySafeOnline #VerifiedBank 

Hackers can use stolen cookies to gain access to your financial accounts, make fraudulent transactions, or transfer funds. This might result in sudden financial losses, depleted bank accounts, and maxed-out credit cards. Recovering these funds can be difficult, and you may encounter legal or financial issues as a result. Do you want us to help you with your cybersecurity? Click here to learn more 👉 https://lnkd.in/g6fNZHNK https://lnkd.in/g6fNZHNK https://lnkd.in/g6fNZHNK . . . #IT #technology #teknologi #security #cybersecurity #cybersecuritymalaysia

A recent report from the Financial Review has uncovered a concerning data breach at Suncorp bank. In this incident, unauthorised withdrawals were made from some customer accounts. This highlights a critical vulnerability: the lack of encryption on database fields that store account details. Encrypting this sensitive information is essential to safeguarding financial assets and restoring customer trust. It's imperative for all industry stakeholders to prioritise strong cybersecurity measures. Let's discuss how can we prevent such breaches in the future? #Cybersecurity #DataProtection #FinanceSector #Suncorp #Encryption

🔒 AT&T’s Response to the Major Data Breach: A Deep Dive into the $370,000 Ransom Payment 🔒 AT&T has revealed a major data breach where they paid over $370,000 to a hacker to delete stolen call and text records of millions of customers. This breach, between May 2022 and January 2023, exposed serious vulnerabilities in their security measures. 🔹 What Happened: Stolen call and text message metadata for millions of customers. A hacker linked to the ShinyHunters group demanded a ransom. 5.7 Bitcoin paid to delete the stolen data. Video proof of data deletion is provided. Concerns about misuse of any remaining data. Delayed public disclosure. The breach raises significant concerns about customer data safety and national security. Learn more about this incident and its implications in our detailed blog post. 👉 Read Full Blog Post: https://lnkd.in/g3MdrzYz #ATTHack #DataBreach #CyberSecurity #CustomerData #TechNews #DigitalSecurity #RansomPayment #ITSecurity

𝚆𝚑𝚢 𝚊𝚛𝚎 𝚢𝚘𝚞 𝚜𝚝𝚛𝚎𝚜𝚜𝚒𝚗𝚐 𝚖𝚎? That’s probably what many of us think when faced with extra steps to complete online payments. But in reality, Two-Factor Authentication (2FA) is here to help, not stress us out! Financial institutions use 2FA as an extra layer of security to protect our accounts. 𝙱𝚢 𝚛𝚎𝚚𝚞𝚒𝚛𝚒𝚗𝚐 𝚜𝚘𝚖𝚎𝚝𝚑𝚒𝚗𝚐 𝚢𝚘𝚞 𝚔𝚗𝚘𝚠 (𝚕𝚒𝚔𝚎 𝚊 𝚙𝚊𝚜𝚜𝚠𝚘𝚛𝚍) 𝚊𝚗𝚍 𝚜𝚘𝚖𝚎𝚝𝚑𝚒𝚗𝚐 𝚢𝚘𝚞 𝚑𝚊𝚟𝚎 (𝚕𝚒𝚔𝚎 𝚊 𝚌𝚘𝚍𝚎 𝚜𝚎𝚗𝚝 𝚝𝚘 𝚢𝚘𝚞𝚛 𝚙𝚑𝚘𝚗𝚎), 𝟸𝙵𝙰 𝚜𝚒𝚐𝚗𝚒𝚏𝚒𝚌𝚊𝚗𝚝𝚕𝚢 𝚛𝚎𝚍𝚞𝚌𝚎𝚜 𝚝𝚑𝚎 𝚌𝚑𝚊𝚗𝚌𝚎𝚜 𝚘𝚏 𝚞𝚗𝚊𝚞𝚝𝚑𝚘𝚛𝚒𝚣𝚎𝚍 𝚊𝚌𝚌𝚎𝚜𝚜. In today’s world of increasing cyber threats, this small "extra step" is vital in keeping our money and data safe. 𝙰𝚏𝚝𝚎𝚛 𝚊𝚕𝚕, 𝚊 𝚏𝚎𝚠 𝚎𝚡𝚝𝚛𝚊 𝚜𝚎𝚌𝚘𝚗𝚍𝚜 𝚏𝚘𝚛 𝚜𝚎𝚌𝚞𝚛𝚒𝚝𝚢 𝚊𝚛𝚎 𝚠𝚘𝚛𝚝𝚑 𝚒𝚝 𝚒𝚗 𝚝𝚑𝚎 𝚕𝚘𝚗𝚐 𝚛𝚞𝚗! #FinancialSecurity #Fintech #2FA #Cybersecurity #ForbesBLK #Payment