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Tag: malware

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Ransomware In 2020 Will Be More Vicious Than Ever

With 2019 drawing to a close and 2020 almost here, we can take a look sat how the cybersecurity landscape has evolved over this past year. By far the two most prevalent topics of the year have been ransomware and data privacy. Ransomware By far the most relevant cybersecurity threat of 2019 was the rise…
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Cyberattackers Are Targeting IOT Devices: How Do You Defend Yourself?

A new threat group, called “STRONTIUM”, was recently discovered by the Microsoft Threat Intelligence Center (MSTIC). In April 2019, this cyberthreat infiltrated private company networks through 3 different IoT devices – a VoIP phone, printer, and video decoder. The Microsoft researchers reported that the devices were compromised as a result of the devices running out-of-date…
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Human Error is still a Leading Cause of Cyber Insurance Incidents, says CFC Underwriting

Multinational insurance company CFC Underwriting says that human error still remains a primary factor in the thousands of cybersecurity insurance claims that the company handles. In 2018, the insurance company received over a thousand claims relating to ransomware, malware, data breaches, and data theft. Of these incidents, CFC Underwriting notes that the following human-driven errors…
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How do Cyberattackers Exploit your own Programs?

Due to major strides in cybersecurity protection in the past few years, cyberattackers have needed to find alternate methods of infiltrating victims’ computers. One strategy that has seen a recent increase is the exploitation of programs that already exist on victims’ computers - a strategy called “Living off the Land”. IBM has stated that over…
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Why are Cyberattackers Targetting Loyalty Programs?

Cyberattackers have recently taken an interest in hacking company loyalty programs. This was illustrated by a recent data breach in Marriott, which affected over 500 million customers. The guests that were affected were a part of the organization’s Starwood Preferred Guest loyalty program, which is a joint program by Marriott and Starwood Hotels and Resorts.…
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Microsoft 365 Multifactor Authentication Crash Locks Users Out

Multifactor authentication is a layer of IT security meant to prevent cyberattackers from being able to access your accounts. It does this by sending one-time use codes to users’ phones every time they log in from an unfamiliar device. Therefore, even if an attacker has your password, they will not be able to access your…
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Protecting yourself against Cryptojacking

A cryptojacking attack has forced St. Francis Xavier University to temporarily shut down its computer network systems. The university reports that the cyberattackers attempted to use the school’s computers resources to collect digital currency. What are cryptomining and cryptojacking? Cryptomining is the use of computer resources to collect cryptocurrencies such as bitcoin. The act of…
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Ransomware has been Ravaging Canadian Towns: How Can You Protect Yourself?

The Canadian Ransomware Incidents The town of Midland Canada has recently been ravaged by the aftermath of a ransomware attack. Ransomware is a type of malicious cyberattack that locks sensitive data on your computer behind ransom-walls. Attackers then demand payment in the form of physical or digital currency for the safe release of this information.…
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How do you protect yourself against CEO Fraud?

CEO Fraud, or Business E-Mail Compromise (BEC), is an e-mail scam that aims to trick business employees into transferring money or sending sensitive information to a fraudulent account. In a recent study conducted by the Internet Crime Complaint Centre, it was found that these email scams have resulted in financial damages of more than $5…
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Why Zero Day Recovery is Essential to your Company’s Security

The Zero-Day-Recovery Cybersecurity Strategy One of the most immediate and adverse effects of a malware attack is the potential for the affected company to come to a complete productive halt. This is the case for all sorts of malware ranging from data-stealing Trojans to data-locking ransomware. Every moment that a company spends offline to deal…
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