Tag Archives: business

Wine business relief for health care, cyber crime costs

As health care costs continue to climb and risks of losing customer information to cyber attacks grow, there is some relief coming to wine-related businesses that want to be indemnified against these headaches.

In health insurance, at a time when average increases for plans coming up for 2018 renewal are 11 percent nationally, Woodruff Sawyer Co. in early August worked out underwriting with Anthem Blue Cross of California that won’t bring any increases for the eight plans in the brokerage’s 5-year-old Wine Industry Employee Benefits Collective program, according to Jim Settles, Woodruff Sawyer’s North Bay employee benefits practice leader.

“There is a lot of turmoil in the health care business,” Settles said. “We do not expect Congress to get a lot done. Many carriers are concerned with the risks they’re taking in the state exchanges and whether

Read more at: http://www.northbaybusinessjournal.com/northbay/sonomacounty/7283870-181/wine-health-cyber-insurance

How this business enlisted a “cyber angel” to pay a criminal’s ransom after losing 65 weeks’ worth of data

An Australian business has coughed up and paid $5000 in digital currency Bitcoin to a cyber criminal after its servers were compromised by ransomware that caused it to lose a combined 65 weeks’ worth of data.

The Outdoor Media Association’s (OMA) chief executive Charmaine Moldrich took to the organisation’s blog to discuss the cyber attack that occurred last month, compromising all of its computers, with the last off-site backup being more than six weeks old.

“We were hacked at 10.25pm. No alarms went off, no alerts were sent until the first team member arrived to work at 7.30am to find a hacker’s ransom message on all our computers,” Moldrich wrote.

“By this stage the ransomware had encrypted every file on our server including our back up.”

Ransomware is a common form of cyber attack in which criminals encrypt files on a user’s computer and servers, demanding a significant payment before the files

Read more at: http://www.smartcompany.com.au/technology/business-enlisted-cyber-angel-pay-criminals-ransom-losing-60-weeks-worth-data/

Crooks back in business DAYS after police officials close down illegal websites

On one of the sites – which we are not naming – there were 436 listings for cannabis buds, hashish, oil and seeds.

Different varieties of cocaine were on offer, plus ecstasy, heroin and prescription pills.

One listing selling a gram of pure Afghan heroin for £150 came with a note saying: “Tried and True. Remember, you get what you pay for. Product has been lab tested for purity and is free of contaminants.”

Another advert for super strength orange Tesla ecstasy, made in Holland but sold from the UK, was offering 50 tablets for £135.

The vendor promised “strong pills”, advising “take half first”.

Another crook was selling fake biometric passports for £4,000, work visas and false certificates for passing the British Citizenship Test. 

Read more at: http://www.dailystar.co.uk/news/latest-news/633595/dark-web-markets-selling-drugs-weapons-bomb-making-websites-us

Mike O’Donnell: The big risk which small business faces from cyber crime

Small businesses face all the cyber risks that big companies do with much fewer resources.

Harrowing tales of sexual harassment from the front lines of the tech industry

Read more at: https://www.stuff.co.nz/manawatu-standard/business/95154855/Mike-O-Donnell-The-big-risk-which-small-business-faces-from-cyber-crime

Mike O’Donnell: The big risk which small business faces from cyber crime

Small businesses face all the cyber risks that big companies do with much fewer resources.



OPINION: The world has seen two fairly grunty cyber

Read more at: https://www.stuff.co.nz/taranaki-daily-news/business/95154855/Mike-O-Donnell-The-big-risk-which-small-business-faces-from-cyber-crime

Cyber Crime – Is Your Business Vulnerable?

The NHS, JP Morgan and Sony have been the victims of attacks ranging from phishing and hacking scams to steal data or passwords, to malware and ransomware where systems are locked until cash is paid to cyber criminals.

With the spotlight firmly on cyber security, Coutts has embedded it firmly into its digital agenda. “Our client’s security and the security of their businesses is our number one priority” explains Lalit Sharma, Head of Digital Delivery at Coutts, “but this doesn’t mean that our clients need to suffer a more difficult or less convenient user experience”. CouttsID has been a prime example of how Coutts has married security and simplicity into one seamless experience, “CouttsID provides all of our clients, including our SME and business owners, with a simple and highly secure way to use Coutts Online”.

It is not just large companies that are exposed to cyber-attacks. Many of our clients are

Read more at: https://www.coutts.com/insight-articles/news/2017/cyber-crime-is-your-business-vulnerable.html

With some small business coming under cyber attack 1000 times a day, how can they fight back?

The NHS, JP Morgan and Sony have been the victims of attacks ranging from phishing and hacking scams to steal data or passwords, to malware and ransomware where systems are locked until cash is paid to cyber criminals.

With the spotlight firmly on cyber security, Coutts has embedded it firmly into its digital agenda. “Our client’s security and the security of their businesses is our number one priority” explains Lalit Sharma, Head of Digital Delivery at Coutts, “but this doesn’t mean that our clients need to suffer a more difficult or less convenient user experience”. CouttsID has been a prime example of how Coutts has married security and simplicity into one seamless experience, “CouttsID provides all of our clients, including our SME and business owners, with a simple and highly secure way to use Coutts Online”.

It is not just large companies that are exposed to cyber-attacks. Many of our clients are

Read more at: https://www.coutts.com/insight-articles/news/2017/cyber-crime-is-your-business-vulnerable.html

Defeating Cyber Attacks on Your Business Will Require Humans and Automation

To defeat cyber crime, humans and robots are going to have to learn to work together. A new McAfee report released today sees a best case scenario where human “threat hunters” team with automation and machine learning technology to fight back against digital thieves.

The Need for Cybersecurity Automation

The report — Disrupting the Disruptors, Art or Science? — makes it clear humans acting without help can’t deal with the volume of data needed to thwart cyber attacks. It also stresses that one hand washes the other when it comes to the partnership between humans and technology in the fight against cyber attacks.

Humans on the Hunt with Sophisticated Tools

The new report classifies companies as mature and immature. The immature ones give their human cyber criminal hunters sophisticated tools and data and turn them loose in an ad hoc manner. But as these businesses mature, they come to rely

Read more at: https://smallbiztrends.com/2017/07/cybersecurity-automation.html

Defeating Cyber Attacks on Your Business Will Require Humans …

To defeat cyber crime, humans and robots are going to have to learn to work together. A new McAfee report released today sees a best case scenario where human “threat hunters” team with automation and machine learning technology to fight back against digital thieves.

The Need for Cybersecurity Automation

The report — Disrupting the Disruptors, Art or Science? — makes it clear humans acting without help can’t deal with the volume of data needed to thwart cyber attacks. It also stresses that one hand washes the other when it comes to the partnership between humans and technology in the fight against cyber attacks.

Humans on the Hunt with Sophisticated Tools

The new report classifies companies as mature and immature. The immature ones give their human cyber criminal hunters sophisticated tools and data and turn them loose in an ad hoc manner. But as these businesses mature, they come to rely

Read more at: https://smallbiztrends.com/2017/07/cybersecurity-automation.html

Daily briefing: May reassures business, Trump-Russia probe expands and Detroit riots at 50

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Theresa May promised business leaders that she will not let companies fall over a Brexit “cliff edge” amid warnings that the City of London could haemorrhage jobs unless she delivers clarity on her exit strategy soon. Mrs May told the first meeting of a new Downing Street business council that she aimed to negotiate a transition deal — or what she calls an “implementation phase” — to smooth the exit process after Britain formally leaves the EU in March 2019. 

The EU’s chief Brexit negotiator has said that it is “vital” the UK sets out a detailed position on its exit bill from the bloc if talks are to advance and warned there “remains a fundamental split” on how to guarantee the rights of EU citizens living in Britain when it leaves. Speaking to reporters

Read more at: https://www.ft.com/content/a527c35e-6d3d-11e7-bfeb-33fe0c5b7eaa