The booming market for cybersecurity products is a sign that businesses are taking the issue seriously. But before your company invests in any product, ask yourself if it’s something you really need. Here are some tips on how you can make the most out of your cybersecurity investment.
Some hackers have become so skilled that they don’t even need you to give up your credentials to hack into your account. One recent cyberthreat is targeted towards users of Microsoft Office 365. You don’t want to be the next victim, so read up.
A phishing scam that harvests users’ credentials
The latest cyberattack on Microsoft Office 365 involves harvesting users’ credentials.
Cybercriminals successfully launched ransomware, phishing, anattacks on businesses in 2019. And it will be more difficult to stop them as they constantly improve their methods to steal more confidential business data.
According to Gartner’s forecast, worldwide spending on cybersecurity is expected to reach $170.4 billion in 2022. This is due to security leaders striving to bolster their organizations' security with technology that drives growth and keeps data secure.
Cybercrime is a lucrative business, and this is why cybercriminals continue to devise new techniques to trick individuals and businesses into handing other money or confidential information, which they can then exploit or sell on the dark web.
One of the most common techniques that cybercriminals use is malware.
Did you know that in some industries the biggest cybersecurity threats come from inside a breached organization? Sometimes it's motivated by financial gain and sometimes it's plain-old ignorance. So how can you protect your organization from insider threats?
#1 Educate
You must teach your team to recognize personally identifiable information (PII) and understand the financial implications of a breach.
Security audits are an excellent way to set the benchmark for your company’s data integrity. It is also a reliable way of identifying gaps in your system before they can be exploited by hackers.
Auditing and the security strategy
Audits are necessary to maintain system integrity and uphold quality.
Business email compromise (BEC) scams have been increasing in prevalence and creativity over the past few years. For such a relatively low-tech kind of financial fraud, it has proven to be a lucrative scheme for scammers and it is not going away anytime soon.
The world of cybersecurity can be pretty confusing, and the endless news about hackers, malware, and data breaches aren’t helping businesses understand it any better. This leads many users to believe in many exaggerations and fallacies. Some think that believing in myths is harmless, but if it actually costs you your precious data and hard-earned revenue, it can be significantly damaging.
Mobile technology has drastically changed the way we live. And just as many people have “cut the cord” in their homes and now rely on their smart devices, businesses are now adopting the bring your own device (BYOD) trend culture. But BYOD also opens your organization up to cybersecurity risks.
Passwords have always been the standard when it comes to securing online accounts. For decades, information security experts have promoted the use of complex passwords that contain random letters, numbers, and special characters, such as “h0r5E$Ho3s+ICk”. However, through brute force attacks and other nefarious tactics, cybercriminals can now easily guess even these types of passwords, jeopardizing data security more than ever.
