TeamViewer is claiming it was compromised through a cluster of recently exposed megabreaches involving more than 642 million passwords belonging to users of LinkedIn, MySpace, and other services. It seems the cause behind this breach is unclear. TeamViewer experienced a significant data breach where malicious actors were able to take control of users’ computers through their TeamViewer accounts, and, in some cases, steal personal details such as bank and PayPal account information. This has become even more apparent in light of a recent security event with TeamViewer, the maker of a cloud-based remote control solution. While remote access software is most definitely convenient, it also introduces security issues that need to be top of mind for banks. Remote control tools also allow external IT service providers and vendors to provide support and service to their applications quickly without the hassles of a site visit. With such remote access solutions, bank employees have the ability to access a computer or a network from a different branch, while traveling, or when telecommuting from home. Like many organizations today, many community banks use remote login technology, a service or software that allows individuals to log into their computers from remote locations.
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