Smaller Institutions and Phishing: Don’t Be Complacent

Phishing

When it comes to phishing, the smaller institutions out there that aren’t prepared for a phishing attack to hit their brands are playing “Russian Roulette” with their brand and reputation, says one leading security solutions firm.

“Smaller institutions should not be complacent. Brand and reputation are on the line when a phishing attack occurs,” said Marc Gaffan, director of marketing with RSA’s consumer solutions group. “Large banks when they get hit with phishing, get the national headlines. But when small banks and credit unions are hit, they will appear in local paper or radio and TV.

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