Financial institutions face numerous challenges to safeguard their assets from digital incursions. Key Points • The financial sector is a prime target for cyber crooks, and 2021 was the worst year ever for cybercrime. • During the past several years, cybercriminals have increasingly targeted the sector with evermore sophisticated and devious schemes. • Phishing and
While use of collaboration tools is on the rise, email remains the top communication tool for workers as well as the top entry point for cyberthreats. Key Points Email and collaboration tools remain where work happens, but they also are where risk is concentrated – technology is fallible and human error is inevitable, making organizations
Malware is software built to harm computer systems. We list 10 types to look out for. Key Points Malware is a catch-all term for worms, ransomware, spyware, and other kinds of malicious software used in cyberattacks. Defenses against malware have to evolve constantly to keep up with attackers’ changing tactics. Malware preys on so many
Learn how to spot and prevent common forms of social engineering used by cyberattackers to exploit businesses. Key Points Social engineering attacks manipulate employees into doing a fraudsters’ bidding, often by impersonating a boss, vendor, or partner. These attacks try to trick users into planting malware, transferring funds, or sharing sensitive information. Security awareness training
Spyware is hard to detect and even harder to remove. Learn how it works and how to protect your company. Key Points Attackers use spyware to steal and sell data from businesses. They show no signs of slowing down, with remote workers providing additional points of entry. Companies can protect themselves by training employees, deploying
Clever tactics known as baiting encourage employees to click on web links or plug in devices that can lead to catastrophic outcomes for your business. by Dr. Matthew Canham Key Points Baiting is a tactic that leverages powerful social influence principles to lure people into traps, both online and in the physical world. Online,
Cybercrime is rising at an unprecedented rate. Here is a guide on cybercrime types and tips to protect against them. Key Points Cybercrime is mounting against individuals, businesses and governments. Common types of cybercrime include identity theft, ransomware and denial of service attacks. Organizations can help thwart attacks through services such as email protection, business
Learn about the top ransomware attacks in 2021, and what they teach us about how to protect your business and employees from future attacks. 2021 Ransomware Attacks that Shook the World Key Points Ransomware attacks surged in 2021, affecting organizations across industries and impacting our everyday lives. The costs of ransomware not only
Ransomware Attacks Are Increasing Due To Low-Cost Tools And Vulnerable Targets, With High Chances Of Profits And Minimal Risk. Key Points: Ransomware attacks are on the rise thanks to wide availability of low-cost tools to non-programmers; ransomware is relatively low risk with high reward potential. Organizations are only as secure as their partners and suppliers.
Organizations That Prioritize Cybersecurity Awareness Training See High Rates Of Employee-Reported Emails, Decreasing The Likelihood Of Email Threats Entering The Organization And Simultaneously Creating A Burden On IT Security Staff. Key Points: Employee reports of suspicious emails can be a distraction to IT and security staff, while infrequent cyber awareness training causes low employee reporting
Ransomware Has Exerted Immense Pressure On The Cyber Insurance Market, And Organizations Looking For Coverage Are Paying The Price. Key Points: The rise in ransomware attacks has led more organizations to seek cyber insurance. But the crime wave is also causing some insurance companies to deny applicants, raise rates and limit coverage. Policies and payouts
by Karen Lynch Ransomware Attacks Are On The Rise, And The Types Of Ransomware Are Changing All The Time. We Break Down The Threat To Help Protect Your Business. Key Points: Ransomware has become one of the most prevalent and damaging cybersecurity threats in an economy of remote workers. Attackers have typically used ransomware to encrypt
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