Firms are being warned about a threat which evolves traditional business email compromise scams into a whole new way of extracting money from unwary companies.
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As 2018 draws to a close, we inevitably take the opportunity to take a look back at the year it has been, and make predictions about what 2019 might bring for cybersecurity.
The threat of cyber attacks targeting businesses, specifically those breaches orchestrated by nation states and highly sophisticated hacking gangs, has never had a higher profile.
Morrisons didn’t know it, but in 2014 it had a huge problem. The UK’s fourth largest supermarket chain, with over 500 stores, had a disgruntled member of staff who had access to sensitive data, such as the payroll information of 100,000 current and former employees.
The headlines love to talk about sophisticated hacking gangs, exploiting zero-day vulnerabilities to break their way into businesses and steal corporate data.
Phishing isn’t a new problem, but that fact alone doesn’t mean that it’s an easy one for companies to protect against.
The FBI is once again warning businesses of the serious dangers posed by business email compromise (BEC) scams, saying that losses globally have risen by 136% since December 2016.
What’s the world’s most common security vulnerability?
The accepted wisdom in the field of cybersecurity is that things are getting worse, and that more businesses are losing control of more data than ever before.
Government departments and private businesses are being targeted in internet attacks orchestrated by the Russian government, exploiting commercially available network infrastructure.
You’re not surprised when a purchase of some earrings, a bracelet, or a diamond necklace hurts you in the pocket.
Now is not the time to dilly-dally. If you haven’t already properly secured the Amazon Web Services S3 servers (known as “buckets”) storing your sensitive data in the cloud then your business has no time to lose.