State of FINCOM July 2017

State of FINCOM July 2017

FINCOM Report

May 2017

The SFMC checking account opened the month of May with a balance of $8570.22 Credit – $76.50 Debits total -$13.30 Closing balance for the account was $8633.42

There were 2 orders

SFMC Savings Account (scholarship payments)

Opened with $2,730.58

Credits – Interest earned $0 .05

Debits – 0

Current balance on account -$2,730.63

 

June 2017

 

Opened the month of June with a balance of $8,633.42 Credits equaled -$61.70 paypal transfer of funds from quartermaster sales Debits equaled – $234.02 Closed the month of June with a balance of $8,461.10

There were 5 orders

SFMC Scholarship Account

Opened the month of June with a balance of $2,730.63 Credits equaled $0.04 Debits – $0 Closed the month of June with a balance of $2,730.67

There have been no scholarships awarded from this account in several years.

 

There has been some Ransomware attacks over the last few months.  The following articles was taken from Wikipedia and the AARP sites.

 

Ransomware is a type of hateful software from cryptovirology that threatens to publish the victim’s data or perpetually block access to it unless a ransom is paid. While some simple ransom ware may lock the system in a way which is not difficult for a knowledgeable person to reverse, more advanced malware uses a technique called cryptoviral extortion, in which it encrypts the victim’s files, making them inaccessible, and demands a ransom payment to decrypt them. In a properly implemented cryptoviral extortion attack, recovering the files without the decryption key is an intractable problem – and difficult to trace digital currencies such as Ukash and Bitcoin are used for the ransoms, making tracing and prosecuting the perpetrators difficult.

 

Ransomware attacks are typically carried out using a Trojan that is disguised as a legitimate file that the user is tricked into downloading or opening when it arrives as an email attachment. However, one high-profile example, the “WannaCry worm”, traveled automatically between computers without user interaction.

 

Starting from around 2012 the use of ransomware scams has grown internationally.  In June 2013, security software vendor McAfee released data showing that it had collected more than double the number of samples of ransomware that quarter than it had in the same quarter of the previous year.[8] CryptoLocker was particularly successful, procuring an estimated US $3 million before it was taken down by authorities, and CryptoWall was estimated by the US Federal Bureau of Investigation (FBI) to have accrued over US $18m by June 2015.[

 

To prevent Ransom ware from infecting your computer:

 

  1. Update Windows XP or any other older Microsoft operating systems in order to limit your vulnerability. In fact, you should always update all your software. In general, always download the latest version of a software once it becomes available.
  1. Back up your files remotely every day, but only on a hard drive that is not connected to the internet. So long as you back up files on an external hard drive, you won’t lose any information if hit by a ransomware attack.
  1. Never open a suspicious email attachment. And never download an app that you haven’t verified with an actual store. Read reviews before installing programs.
  1. Finally, antivirus programs have the ability to scan files to see if they might contain ransom ware. Make use of them before downloading.

 

LTGEN Barry Jackson

COFINCOM