7 Real-Life Cautionary Tales

Behind the scenes in every enterprise lurks the technology that processes orders generates invoices safeguards customer data and enables communication internally and externally. Most people really think about it—unless something doesn’t work.

Yet while we’re all going about our business data security problems surface at America’s places of business—including community banks—every day. In the server room. In cyberspace. In the accounting software. In the bits and bytes that keep business operating. Mistakes are being made or crimes being committed that could have been avoided with a little preventative medicine and contingency planning.

The following true-life stories of data security vulnerabilities actually happened. Each of these companies was left in a bind that was awkward (at best) and disastrous (at worst). So take heed and prepare as thoroughly as possible in case something like this happens to your community bank.