AI isn’t some far-off sci-fi concept anymore. It’s here, and it’s coming to a bank near you! Listen to the latest from Tigran Safari and Chris Clements on this month’s Banking Podcast from The Kafafian Group.

Social engineers rely on two key psychological triggers: urgency and empathy. When people feel rushed or that they are helping someone in need, their normal critical thinking is often overridden. Attackers don’t just hack systems; they hack people, and they’re exceptionally good at it.

Because of the frequency of phishing attacks landing in user mailboxes and the severity of the consequences of a user falling for a lure, any improvement at all can make the difference between an organization suffering a breach.

While the scale of this data breach is alarming – with 277 gigabytes of data reportedly stolen – it’s important not to panic. Instead, focus on taking concrete steps to protect yourself. Stay informed, be proactive in safeguarding your personal information, and remain vigilant for any signs of suspicious activity.