Tag Archives: attacks

Over Two-Thirds of SMBs Lose Money In Cyber Attacks: BBB

  • by Ray Schultz
    ,

    5 minutes ago

Over a third of small business victims of cyber attacks have lost money, and roughly the same number could remain profitable for three months if denied access to data, according to a study of 2000
businesses by the

Read more at: https://www.mediapost.com/publications/article/308831/over-two-thirds-of-smbs-lose-money-in-cyber-attack.html

Over Two-Thirds of SMBs Lose Money In Cyber Attacks: BBB 10/16 …

  • by Ray Schultz
    ,

    Yesterday

Over a third of small business victims of cyber attacks have lost money, and roughly the same number could remain profitable for three months if denied access to data, according to a study of 2000
businesses by the Belter Business

Read more at: https://www.mediapost.com/publications/article/308831/over-two-thirds-of-smbs-lose-money-in-cyber-attack.html

From All Sides: How to Gird Customers Against Multi-Vector Cyber Attacks

Webroot's Tyler Moffitt

Tyler Moffitt

By Tyler Moffitt, Senior Threat Research Analyst, Webroot

One of the most common and worrisome threats in the current landscape are multi-vector attacks that combine various threat technologies, deployed in numerous stages, across multiple points of entry (vectors) to infect computers and networks. This blended approach increases both the cyber criminal’s likelihood of success and the severity of damage.

The range of vectors includes email, web browsers, display ads, hyperlinks, files, apps and external devices. More than 85 percent of malware infections occur via web browsing, according to recent analysis from my research team. Basic internet use is a high-risk activity for every customer. You need to emphasize the importance of being able to stop malware at every entry point, because after successfully breaching a system or network, attackers then use their access to deliver malicious payloads, such as adware, spyware, ransomware, keyloggers, viruses, rootkits, and data miners. Let’s first look at how these attacks happen, then discuss a framework to help stop them.

Matter

Read more at: http://www.channelpartnersonline.com/blog/from-all-sides-how-to-gird-customers-against-multi-vector-cyber-attacks/

Protect Your Small Business From Cyber Attacks With These Free Tools

Cyber crime damages are predicted to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, according to a report from my company, Cybersecurity Ventures. Nearly half of all cyber attacks are committed against small businesses.

Related: 4 Vital Cybersecurity Measures Every Safety-Conscious Entrepreneur Needs to Take

Considering the statistics, it’s not a question of if a small business will be hacked, but when. Small businesses don’t have big budgets for cybersecurity, but there’s a myriad of free tools they can use to protect themselves against digital intruders.

Free email security protection

Email theft is one of the most popular cyber crimes, and it exposes small business login IDs and passwords to hackers.

The recent Equifax breach caused roughly 143 million U.S. consumers to have their email credentials and other information accessible to hackers. That equates to around 55 percent of Americans age 18 or

Read more at: https://www.entrepreneur.com/article/301193

Protect Your Small Business From Cyber Attacks With These Free …

Cyber crime damages are predicted to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, according to a report from my company, Cybersecurity Ventures. Nearly half of all cyber attacks are committed against small businesses.

Related: 4 Vital Cybersecurity Measures Every Safety-Conscious Entrepreneur Needs to Take

Considering the statistics, it’s not a question of if a small business will be hacked, but when. Small businesses don’t have big budgets for cybersecurity, but there’s a myriad of free tools they can use to protect themselves against digital intruders.

Free email security protection

Email theft is one of the most popular cyber crimes, and it exposes small business login IDs and passwords to hackers.

The recent Equifax breach caused roughly 143 million U.S. consumers to have their email credentials and other information accessible to hackers. That equates to around 55 percent of Americans age 18 or

Read more at: https://www.entrepreneur.com/article/301193

Why it pays to prevent Ransomware attacks.

It’ll ruin your whole week given half a chance…so don’t give it one. Let’s cover what Ransomware entails, and how you can stay aware and secure online.

Ransomware is a malicious piece of software that uses encryption to deny access to the files on your computer. It’s like burglars breaking in to your home, putting a combination lock on your front door and only providing the code if you pay them an exorbitant fee.

Ransomware hackers promise to restore access to your computer with an unlock key, in exchange for a ransom payment. It’s a simple enough premise, using some very sophisticated tech under the hood.

We’re writing about this because there has been, and will continue to be, an increase in Ransomware attacks worldwide.

Be informed and understand how you can protect yourself.

Unfortunately, a reboot won’t save you once infected.

You’ll often hear the term Ransomware

Read more at: https://www.august.com.au/news/why-it-pays-to-prevent-ransomware-attacks/

Why it pays to prevent Ransomware attacks. | August

It’ll ruin your whole week given half a chance…so don’t give it one. Let’s cover what Ransomware entails, and how you can stay aware and secure online.

Ransomware is a malicious piece of software that uses encryption to deny access to the files on your computer. It’s like burglars breaking in to your home, putting a combination lock on your front door and only providing the code if you pay them an exorbitant fee.

Ransomware hackers promise to restore access to your computer with an unlock key, in exchange for a ransom payment. It’s a simple enough premise, using some very sophisticated tech under the hood.

We’re writing about this because there has been, and will continue to be, an increase in Ransomware attacks worldwide.

Be informed and understand how you can protect yourself.

Unfortunately, a reboot won’t save you once infected.

You’ll often hear the term Ransomware

Read more at: https://www.august.com.au/news/why-it-pays-to-prevent-ransomware-attacks/

Europol: the response to unprecedented cyber-attacks "not good enough"

“People and companies everywhere must do more to better protect themselves,” says Europol’s executive director Rob Wainwright.

The global scale, impact and rate of spread of cyber-attacks over the past year is unprecedented reports Europol’s 2017 Internet Organised Crime Threat Assessment (IOCTA).

“The global impact of huge cyber-security events such as the WannaCry ransomware epidemic has taken the threat from cyber-crime to another level. Banks and other major businesses are now targeted on a scale not seen before and, while Europol and its partners in policing and Industry have enjoyed success in disrupting major criminal syndicates operating online, the collective response is still not good enough. In particular people and companies everywhere must do more to better protect themselves,” says Europol’s executive director Rob Wainwright.

Among key findings are that:

·  Ransomware has eclipsed most other cyber-threats globally in both the public and private sectors highlighting how connectivity, poor digital hygiene standards and security practices can allow

Read more at: https://www.scmagazineuk.com/news/europol-the-response-to-unprecedented-cyber-attacks-not-good-enough/article/696298/

Europol: the response to unprecedented cyber-attacks "not good …

“People and companies everywhere must do more to better protect themselves,” says Europol’s executive director Rob Wainwright.

The global scale, impact and rate of spread of cyber-attacks over the past year is unprecedented reports Europol’s 2017 Internet Organised Crime Threat Assessment (IOCTA).

“The global impact of huge cyber-security events such as the WannaCry ransomware epidemic has taken the threat from cyber-crime to another level. Banks and other major businesses are now targeted on a scale not seen before and, while Europol and its partners in policing and Industry have enjoyed success in disrupting major criminal syndicates operating online, the collective response is still not good enough. In particular people and companies everywhere must do more to better protect themselves,” says Europol’s executive director Rob Wainwright.

Among key findings are that:

·  Ransomware has eclipsed most other cyber-threats globally in both the public and private sectors highlighting how connectivity, poor digital hygiene standards and security practices can allow

Read more at: https://www.scmagazineuk.com/europol-the-response-to-unprecedented-cyber-attacks-not-good-enough/article/696298/

Shipping got off lightly in first cyber security attacks, say legal experts

Shippings first major cyber attack reportedly cost Maersk Shipping up to $US300M (credit: iStock)

Maritime law firm Ince Co told Riviera Maritime Media that shipping has been slow to acknowledge the risks posed by cyber security threats particularly from a business standpoint.

Cyber attacks against large organisations and businesses have made headlines in recent months after millions was lost in attacks from viruses such as WannaCry and NotPetya. Among its other victims, the NotPetya virus took down the operations of container shipping giant Maersk in late June, reportedly costing the company up to US$300M.

However, shipping has got off relatively lightly thus far according to Ince Cos Hong Kong partner and cyber security representative Rory Macfarlane.

If you looked at the cyber attacks earlier in the year, the WannaCry and NotPetya attacks, luckily for shipping, they werent massively affected by those. [Attackers] tended to focus on other sectors

Read more at: http://www.marinemec.com/news/view,shipping-got-off-lightly-in-first-cyber-security-attacks-say-legal-experts_49273.htm