Scotland – Royal Bank of Scotland

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Exploit: Faulty security product.
Royal Bank of Scotland: Retail banking company in Scotland.

Risk to Small Business: 2 = Severe: After RBS group provided its business banking customers with free software, it was discovered that the product had a major security flaw. Attackers could have exploited the glitch to access and gain complete control of user computers, allowing them to view emails, internet history, and bank details. The patch was fixed, and the company explained that it should only affect Natwest customers, but such an incident could easily spook any clientele.

Individual Risk: 2.428 = Severe: It is unlikely that attackers were able to take advantage of the compromise since the company was able to immediately patch the flaw once it was discovered. Nevertheless, patrons of the bank should monitor their financial statements for suspicious activity.

Customers Impacted: Around 50,000 customers
How it Could Affect Your Customers’ Business: This incident serves as a great example of why rapid detection is so important to preventing breach. Since the compromise was uncovered by security researchers, the company was able to make changes in the nick of time. By leveraging advanced monitoring tools that can proactively search the Dark Web for customer and employee data, security providers and businesses can be more confident in their solutions.

ClearYolk to the Rescue: Dark Web ID can monitor the Dark Web and find out if your employee or customers data has been compromised. We work with MSSPs to strengthen their security suite by offering industry-leading detection.

https://www.cybersecurityintelligence.com/blog/security-flaw-puts-uk-bank-customers-at-risk-4200.html

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