Latest Data Breach Comes During National Cybersecurity Month, Call-to-Action Continues

According to a story posted on the website Info-Security, a former American Express (AmEx) employee is under investigation for allegedly accessing customer information with the intent to commit fraud.

The exact details of the incident have not been disclosed, but the employee is believed to have accessed the personal information of an unknown number of AmEx customers in an attempt to open accounts at other financial institutions. The personal information compromised includes names, card numbers, addresses, and Social Security numbers.

The latest data breach comes the during National Cybersecurity Awareness Month (NCSAM).

CUNA and the state leagues continue to press Congress to establish a national data security standard that subjects all entities with access to personal financial data to the same privacy protections as financial institutions under the Graham-Leach-Bliley Act, and holds any entity found responsible for a data breach liable for the resulting card reissuing and fraud costs.    

Stopping the data breaches is the subject of CUNA’s latest Member Activation Program (MAP) campaign launched in August to activate credit union members to call on their members of Congress to act.

Individuals can also visit the CUNA/League-system’s Stop the Data Breaches website where they can easily email their Capitol Hill lawmakers to encourage them to act.

NCSAM is a collaborative effort between government and industry to raise awareness about the importance of cybersecurity and to ensure that all Americans have the resources they need to be safer and more secure online.

NCSAM 2019 is emphasizing personal accountability and the importance of taking proactive steps to enhance cybersecurity at home and in the workplace. The overarching message – Own IT. Secure IT. Protect IT. – focuses on key areas including citizen privacy, consumer devices, and ecommerce security.

The NCSAM website offers a variety of promotional materials, tips and suggested activities for individuals and businesses. The U.S. Department of Justice’s “Best Practices for Victim Response and Reporting of Cyber Incidents” offers self-protection strategies as well.

There have been more than 10,000 breaches compromising in excess of 12 billion consumer records since 2005.