TheLiveBigWay® Digest: Let’s Tackle Cyber Threats
For today’s edition of the Digest, we want to focus on one topic: cybersecurity. We treat the responsibility of protecting your money and your personal information with the utmost importance, and we want to match the increasingly sophisticated scams and cybercrime with equally sophisticated information and resources to ensure you are equipped with the tools and knowledge to outsmart the bad guys. Think of this Digest as your very own Dikembe Mutombo moment.
We hope you have a wonderful holiday weekend!
Human Hacking: A Cybercriminal’s Chess Game
Cybersecurity is often associated with complex codes and sophisticated software. However, in the digital landscape, the most vulnerable aspect isn’t always technology. Enter the world of ‘human hacking,’ a cunning strategy used by criminals to manipulate people into bypassing robust security systems. The rapid rise of these nefarious tactics, especially through seemingly innocuous means such as QR codes, is alarming. Learn more about their tactics and common scams so you can best protect your assets and your personal information.
Financial Fraud and the Art of Deception
Years ago, scammers were relatively easy to spot – poor grammar and dodgy websites were glaring red flags for fishy (or phish-y) business. Now, bad actors are using incredibly sophisticated techniques and it’s becoming increasingly difficult to know when you’re being scammed. Today, we share two real examples of fraud schemes that are threatening Yeske Buie and Schwab clients to help you identify a scam before you fall victim to their remarkable techniques.
Tips for Preventing Cyber Fraud
Thus far, we’ve focused on common fraud tactics and scams to increase your awareness to the sophisticated ways that cybercriminals could attempt to steal your personal information and assets. The scams are scary but here’s the good news – there are tangible ways that you can protect yourself. Spend some time with these tips and infographics to make yourself less of a target for bad actors.
Word of the Week: Data Breach
Staying on theme, today’s focus phrase is data breach. A data breach is the intentional or unintentional release of secure information to an untrusted environment – it is typically an event where attackers actively compromise data. You may not be able to control whether or not your information is part of a data breach, but knowing how to respond can help minimize the damage. Check out this tip sheet from our colleagues at Schwab.
Happy Birthday, Dave!
We’re sending BIG birthday wishes to our Co-Founder, fearless leader, fundamental optimist, and original cybersecurity guru, Dr. Dave Yeske! We have reason to be grateful Dave all year round, and want to extend our sincerest love and appreciation for all he does for our Clients, our community, our profession, and our team on his special day. Here’s a glimpse into a few of the captivating qualities that define Dr. Dave. Happy Birthday, Dave!
Favorite Yeske Buie Memory
Sitting in Carmel with Elissa sketching out the beginnings of the Live Big philosophy on the back of a napkin. I’m pretty sure we had no idea how much it would come to define the enterprise we were on the cusp of launching.
A Personal Live Big Goal
Ever since I started reading American Ramble, written by a reporter who spent 26 days walking from his home in Washington, D.C. to Central Park in NYC, I’ve been thinking I might like to plan a 3-week walk of my own. Haven’t yet settled on the route.
Greatest Life Lesson
My biggest lesson/advice is that it’s never too late. I didn’t earn my first college degree until I was 30, opened my financial planning practice at 32, became a Dad in my 40s, earned my doctorate in my 50s. My philosophy is that, fate allowing, you’re going to get older one way or another, why not be 2, 3, 5, years older having accomplished something meaningful to you. I’m still working on the rest of my list . . .