The ransomware industry is exploding, an unearthed pot of gold for cyber attackers. Often, if not everyday one can find a story or an article related to a new occurring ransomware attack. For cybercriminals, ransomware is a lucrative prospect, easily accessible and with a relatively low risk. By the same token, it is a hellish nightmare for CEOs; offline networks, lost productivity and other bureaucratic issues.
Despite organizations’ readiness to embrace cloud and awareness of the risks, too many are too slow to recover from data loss. For example, research from Everbridge finds that organizations take an average of 27 minutes to rally the right team of experts once they declare an incident, and those minutes add up quickly in direct costs to the business. With unplanned IT downtime costing $8,662 per minute on average, companies today are spending an average of $233,874 just to get the right team in place and begin recovery efforts.
They always say teach by example. I find that the IT Profession is one of those professions where business examples are not necessarily followed personally by associates. The biggest example of this would be safeguarding personal data. You all know who you are!
During your travels, it is easy to become so preoccupied with sharing your travel stories online that you forget to protect yourself against cyber threats. When it comes to cybersecurity, most people associate it with safe cyber practices at home, but practicing safe online behavior is just as important when you’re traveling.
Not long after the IP Bill was brought to life (November 2016), when the providers got the open hands to hold users traffic data for a year, came the “targeted consultation”, which has not been publicised, about the end-to-end encryption weakening.
If you were still in any doubts about your responsibility for keeping your online data safe, the recent crisis enveloping the NHS and its lack of defense against cyber attacks in 2017 should destroy them.
Today, companies are able to perform tasks that were previously impossible, thanks to the technologies that create, store and examine large sets of data. But, this benefit has its own sets of risk, precisely from a security standpoint.
It appears there’s another global ransomware outbreak occurring that’s effecting banks, telco’s, and critical infrastructure.
There are multiple countries in Europe stating they’re infected with confirmed reports coming in from UK, Spain, Ireland, Russia and Ukraine.
Phishing attacks are among the growing threats gaining popularity and creating havoc in the Internet world. In the previous blog, Phishing Attacks Part 1: Major History Moments to Learn From, 5 major attacks in history were detailed. As these type of attacks increase in diversity and complexity, it becomes increasingly important to minimize the chances of becoming a victim of a phishing attack.
Studies and researches have shown that IT vulnerabilities and threats are remarkably increasing day by day and they are becoming a burning issue among Netizens nowadays. Phishing attacks are among these threats which have gained popularity by creating havoc in the Internet world.