In recent years, electronic mail (email for short) has become an essential part of our daily lives. Many people use it for various purposes, including business transactions. With the increasing dependence on digital technology, cybercrime has grown. A significant cyber threat facing businesses today is Business Email Compromise (BEC). Why is it important to pay particular attention to BEC attacks? Because they’ve been on the rise. BEC attacks jumped 81% in 2022, and as many as 98% of employees fail to report the threat. What is Business Email Compromise (BEC)? Business Email Compromise (BEC) is a type of scam in…
What would you do if your business suffered a ransomware attack tomorrow? Do you have a contingency plan in case of a tornado, hurricane, or earthquake? The unexpected can happen anytime, and small businesses can get hit particularly hard. Small businesses are the backbone of many economies. They are critical for job creation, innovation, and community development. But running a small business comes with significant risks. This includes financial uncertainty, market volatility, and natural disasters. 60% of small businesses fail within 6 months of falling victim to a cyber-attack. Thus, small business owners must prepare for the unexpected. This is…
In today’s world, technology is ubiquitous, and connectivity is a must. Securing your home network has become more critical than ever. A secure home network is essential for protecting your personal data from hackers. From phishing to smishing (SMS phishing), it’s getting harder to avoid a breach. Individuals often have fewer safeguards in place at home than at work. Yet many are working from home, which puts both personal and company data at risk. About 46% of businesses saw at least one cybersecurity incident within two months of moving to remote work. The good news is that there’s no lack…
Cloud account takeover has become a major problem for organizations. Think about how much work your company does that requires a username and password. Employees end up having to log into many different systems or cloud apps. Hackers use various methods to get those login credentials. The goal is to gain access to business data as a user. As well as launch sophisticated attacks, and send insider phishing emails. How bad has the problem of account breaches become? Between 2019 and 2021, account takeover (ATO) rose by 307%. Doesn’t Multi-Factor Authentication Stop Credential Breaches? Many organizations and individuals use multi-factor…
Passwords are the most used method of authentication, but they are also one of the weakest. Passwords are often easy to guess or steal. Also, many people use the same password across several accounts. This makes them vulnerable to cyber-attacks. The sheer volume of passwords that people need to remember is large. This leads to habits that make it easier for criminals to breach passwords. Such as creating weak passwords and storing passwords in a non-secure way. 61% of all data breaches involve stolen or hacked login credentials. In recent years a better solution has emerged – passkeys. Passkeys are…
It’s hard to turn around online these days without running into ChatGPT. Both Bing and Google are levering this advanced artificial intelligence language model. And you can expect it to show up in more business and personal tools that you use every day. ChatGPT has revolutionized the way businesses interact with their customers. It has also affected how they get things done. Teams are using it for everything from emails to generating ideas for product names. The tool’s personalized and informative responses in real-time definitely draw you in. But integrating ChatGPT into your business operations requires careful consideration. You want…
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