The data breach at the Oregon Department of Motor Vehicles, which may have compromised the identities of millions of Oregonians, was part of a larger attack on hundreds of governments, universities, and businesses, presumably led by a Russian ransomware gang.
John Jackson, the owner and chief executive officer of the cyber security company Bytagig in Milwaukie, described the security violation as “huge.”
The nightmare scenario for Oregonians is identity theft, the owner of a local cyber security company explained. https://t.co/Q350iTCbWT
β KOIN News (@KOINNews) June 27, 2023
Identity theft is the worst-case scenario for Oregonians, according to Jackson. Criminals who purchase the information may be able to register for new credit cards, loans, and bank accounts. If they are able to impersonate you by answering security questions, they will be granted access.
Do you realize that a number of U.S. institutions, including Bank of America, continue to close branches? Bank of America has announced the permanent closure of multiple locations between July and September, including a long-standing branch in Oregon:
Jackson stated that when bank accounts are compromised, the situation becomes more difficult. Credit card breaches are simple to prevent because they can be shut down quickly and the cardholder bears no liability.
He said –
βHackers can reset bank passwords and perform unauthorized transactions.β
βMonitoring credit reports and regularly checking bank accounts for suspicious activity is crucial.β
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