Bank of Brodhead’s Post

🍂 Welcome, September! 🍁 Timely resources for you to explore this month: 🔒 National Public Data suffered a massive data breach last month. Find out if your information was compromised, and explore a credit freeze to protect your record. 📊 Oregon Public Employees Retirement System members have an opportunity to update the investment strategy of their Individual Account Program (IAP) this month. Get our take on the elements to consider. Timeless resources that deserve your attention: 🚨 To watch: AARP shares a video testimonial on the new, very convincing ways scammers are using AI to defraud unsuspecting victims. 🕊 To listen: The Art of Dying Well - the latest book added to our client lending library. ⌛ To read: the perils of market timing and how trying to do so can be hazardous to your portfolio's health. Read about all this and more in our latest newsletter: https://lnkd.in/gRbST_kc #SeptemberUpdate #DataBreach #CyberSecurity #OregonPERS #RetirementPlanning #FinancialWellness #AIThreats #ScamPrevention #InvestmentStrategy #WealthManagement

Some important notes about identity protection are in this month's newsletter!

🚨 🔒 In light of the recent leak of 2.9 BILLION Social Security numbers, it’s more important than ever to take control of your personal information. Did you know there are secondary credit bureaus that the Big 3 (Experian, Equifax, TransUnion) often check before verifying with creditors? Here are the first three you should freeze: 1. Advanced Resolution Services, Inc. (ARS): [Freeze here] (https://lnkd.in/e9ZGU7GD) 2. Corelogic: [Freeze here] (https://lnkd.in/efbWNiBm) 3. Innovis: [Freeze here] (https://lnkd.in/eV5u_MsP) To get the full list, DM me or email me at carlos@mrthen.biz. Why should you freeze these reports? ❄️ Because when the Big 3 credit bureaus (Experian, Equifax, TransUnion) verify information, they often check with these smaller bureaus first. Freezing them forces the Big 3 to validate disputes directly with creditors. And remember, freezing your credit reports is FREE! Don’t let any website fool you into paying. The Big 3: - Transunion: [Freeze here] (https://lnkd.in/eUF3iCQb) - Experian: [Freeze here] (https://lnkd.in/e-2DVQYW) - Equifax: [Freeze here] (https://lnkd.in/ekwUg7WE) If you’re unsure where to start or want a thorough credit analysis, feel free to reach out. Your privacy and financial security are worth the effort! 💼 #IdentityTheftProtection #FinancialSecurity #StaySafe

Sharing as I am sure this will be of great interest to my NI network. Everyone will know about the PSNI data breach in August 2023, the largest data breach in UK policing history and obviously particularly damaging and dangerous in NI. It will go on to cost £25 million in total costs. The breach had a catastrophic impact on peoples lives resulting in staff moving home, changing career and damaging employee confidence, relationship and mental health. Steve T. provides an explanation on how the breach occurred and learnings from the subsequent investigations and reports. Interesting to here Steve's comments on Data Loss Prevention (DLP) tools, probably what a lot of IT and Infosec professionals would be thinking of here, and that these tools aren't the answer alone. The big take away for me is the lack of senior ownership of data protection and information security. It seems these areas where being paid lip service at best in PSNI. I think their SMT will have a very different view on its importance now. It shouldn't take the proverbial to hit the fan for data and information security to be an identified, prioritised and managed risk. But, this seems to be the case in many organisations, even this one that really should have been good at this stuff.

Just over the course of a year: • The average cost of a data breach increased by 6.4% — from $3.62 to $3.86 million • The average cost per stolen record increased by 4.8% — from $141 to $148 • All data breaches within this covered in this study increase by 2.2% over the course a year https://ow.ly/i6mb50S2S5S

Money Mondays: Here are some tips to protect your credit and yourself from fraud. #moneytips #personalfinance #creditrisk https://lnkd.in/g9yufNUp

Understanding SSI Monthly Benefit Amount: Factors That Impact Your Payments Many factors can impact the amount of your SSI monthly benefit. In this clip, I discuss how the full SSI amount can be reduced based on additional help you may receive from others. It's crucial to maintain open communication with Social Security and document your financial situation clearly. Learn more about how to manage your SSI benefits and ensure you receive the maximum amount you're entitled to. Watch the full video on YouTube at: https://lnkd.in/eqFpxsNT #SSIBenefits #DisabilityLaw #SocialSecurity #FinancialSupport #DisabilityLawyer #BenefitAmount #SSI #SocialSecurityBenefits #KnowYourRights

Just over the course of a year: • The average cost of a data breach increased by 6.4% — from $3.62 to $3.86 million • The average cost per stolen record increased by 4.8% — from $141 to $148 • All data breaches within this covered in this study increase by 2.2% over the course a year • https://ow.ly/EUrX50RpyUa

The Securities and Exchange Commission (SEC) announced new rules requiring certain kinds of financial institutions to have well-defined plans for what to do when a data breach involving customer information occurs. The new amendments come right as companies are easing into new incident reporting regulations from the SEC that force public companies to notify the agency of “material” incidents. #IdentitySecurity #cybersecurity

The Securities and Exchange Commission (SEC) announced new rules requiring certain kinds of financial institutions to have well-defined plans for what to do when a data breach involving customer information occurs. The new amendments come right as companies are easing into new incident reporting regulations from the SEC that force public companies to notify the agency of “material” incidents. #IdentitySecurity #cybersecurity