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DENTIST AND ORTHODONTIST<br />
PEDIATRIC<br />
AUGUST <strong>2021</strong><br />
OPENING<br />
8<strong>27</strong>-8777<br />
(508)<br />
8 W O R C E S T E R S T R E E T ,<br />
7<br />
2 <strong>Blackstone</strong> <strong>Valley</strong> <strong>Xpress</strong> • www.blackstonevalleyxpress.com • <strong>August</strong> <strong>27</strong>, <strong>2021</strong><br />
RANSOMWARE<br />
Continued<br />
It is indeed a worrisome<br />
situation but one that is being<br />
addressed vigorously here in<br />
the <strong>Blackstone</strong> <strong>Valley</strong>.<br />
“We dedicate a significant<br />
amount of resources to managing<br />
this area and [to keeping]<br />
customers’ information<br />
and money safe,” John T.<br />
Latino Jr., vice president<br />
and chief operating officer<br />
of Millbury National Bank,<br />
said. “Larger banks can be a<br />
target because of the quantity<br />
of information and accounts<br />
they have, but small<br />
banks can be just as vulnerable,<br />
if not more vulnerable,<br />
because of the often false<br />
perception that our systems<br />
are not as robust as larger<br />
banks/companies.”<br />
Organizations and firms<br />
that want to protect themselves<br />
had better watch<br />
out, for several reasons, Accenture<br />
says. For starters,<br />
Accenture points out, “the<br />
first months of <strong>2021</strong> targeted<br />
critical infrastructure and<br />
upstream providers, such<br />
89 Southbridge St.<br />
Auburn, MA<br />
(across from Sword St.)<br />
as data-rich insurance companies.”<br />
Even before that, in<br />
2020, one ransomware “negotiator”<br />
reported “multiple<br />
cases in which data was<br />
destroyed rather than just<br />
encrypted, preventing data<br />
retrieval even after ransom<br />
payment.” Then there are<br />
the new “exposure tactics”<br />
being employed. These<br />
have gathered speed, compounding<br />
data-leak damage<br />
and adding “reputation<br />
damage” to “victim liability<br />
lists.” Also, ransomware operators<br />
are using “tooling<br />
and hands-on keyboard actions<br />
to disable endpoint defenses.”<br />
Millbury National Bank is<br />
working hard to protect itself,<br />
and its customers.<br />
“We utilize a third-party<br />
company to provide our<br />
core data system and we<br />
also use their managed IT<br />
services,” Mr. Latino said.<br />
“They manage our IT infrastructure,<br />
network, internet<br />
service, intrusion detection<br />
and prevention, firewall,<br />
email, antivirus, data loss<br />
prevention and provide us<br />
backups and redundancy<br />
to not only protect our data<br />
and our customers’ information,<br />
but also ensure we<br />
can recover quickly from a<br />
disaster, outage, or cyberattack.<br />
“They have been successful<br />
in identifying several<br />
anomalies and potential attacks<br />
and provide 24/7/365<br />
monitoring and protection.<br />
They are subject to strong<br />
regulatory oversight from the<br />
same agencies that regulate<br />
the bank as well as audits<br />
and other controls. We use<br />
them to provide the most<br />
safe and secure transaction<br />
channels for online banking,<br />
mobile banking, and item<br />
processing. Our customers’<br />
money and data have never<br />
been safer.”<br />
Millbury National has an<br />
advantage in being “such a<br />
small bank with our hands-on<br />
processing and knowledge of<br />
our customers,” Mr. Latino<br />
says. “Our internal controls<br />
for transaction monitoring,<br />
electronic transactions, ATM/<br />
Homefield Credit Union is a strong supporter of local organizations, as evidenced by sponsorship<br />
money Homefield donated to the Grafton Lions Club in 2017.<br />
Debit Card control, and wire<br />
transfers [are] extremely<br />
effective and [have] successfully<br />
prevented fraudulent<br />
transactions numerous<br />
times. We are a partner for<br />
our customers and community<br />
and try and educate<br />
customers whenever we can<br />
about the dangers and pitfalls<br />
that exist in our technology-driven<br />
world today. We<br />
also have continuous training<br />
for all of our employees<br />
to develop the best line of<br />
defense—a human firewall.<br />
Knowledgeable, informed,<br />
attentive employees are the<br />
first and best line of defense<br />
against cyber risks.<br />
“We have auditors test our<br />
systems and controls on an<br />
annual basis to ensure everything<br />
is working properly<br />
and is up to date. Our regulators<br />
also require an in-depth<br />
assessment of our risk and<br />
scrutinize this area closely.<br />
“I am happy to say Millbury<br />
National Bank performs<br />
well in this area.”<br />
Accenture’s recommendation—obviously<br />
self-serving<br />
to an extent—is that “orga-<br />
nizations should focus on<br />
preparation, prevention and<br />
pre-encryption defenses.”<br />
Banks and credit unions<br />
in the <strong>Blackstone</strong> <strong>Valley</strong> are<br />
constantly reminding their<br />
customers to be on guard<br />
against threats of all kinds;<br />
recently, for instance, Millbury<br />
National Bank posted<br />
“four steps to spot an online<br />
shopping scam,” on its Facebook<br />
page.<br />
-----------------------------------------------------<br />
Contact Rod Lee at<br />
rodlee.1963@gmail.com or<br />
774-232-2999.<br />
Vacuums<br />
always 75 ¢<br />
C O M I N G S O O N !<br />
Published on 2nd and 4th Fridays of the month.<br />
Direct mailed to 63,000 unique homes and businesses each month<br />
and available on news stands throughout the region.<br />
Published on Fridays, four times a month. Direct mailed to 68,470 unique homes<br />
and businesses each month and available on news stands throughout the region.<br />
1st Friday SOUTH COUNTY: Charlton, Dudley, Oxford and Webster.<br />
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2nd Friday: BLACKSTONE Auburn, Charlton, VALLEY Dudley, South: Douglas, Oxford and Mendon, Webster, Northbridge 1/2 all addresses. and Uxbridge.<br />
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3rd<br />
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ROUTES<br />
Auburn,<br />
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Charlton,<br />
& 20: Auburn,<br />
Dudley,<br />
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and<br />
and<br />
Webster<br />
Webster, other 1/2.<br />
19,<strong>27</strong>0 homes and businesses.<br />
4th 4th Friday Friday BLACKSTONE VALLEY VALLEY North: North: Grafton, Grafton, Millbury, Millbury Sutton, and Sutton. Upton<br />
20,805 homes and businesses.<br />
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