Tag: Phishing

2022 Cybersecurity Challenges and 2023 Predictions

As we near the end of 2022, IT professionals are looking back at one of the worst years on record for incidents. Cyberattacks and breaches are rising with no end in sight. Organizations continue to invest in technology at a record pace; however, they still continue to be at risk. During 2022, over 65% of […]

How to Use a Phishing Simulation to Train Employees

Cybercrime is at an all-time high, leaving companies, government agencies, and consumers at risk of severe data breaches. Data suggests phishing emails account for 91% of all cyberattacks. Despite efforts to mitigate these scams with advanced security measures, phishing tactics have become highly sophisticated and far more capable of penetrating internal systems. Many companies are […]

The Changing Threat Landscape of Cyber Risk

Our latest Allianz risk report looks at today’s cyber risk landscape and the emerging threats posed by the growing reliance on cloud services, an evolving third-party liability landscape that means higher compensation and penalties, as well as the impact of a shortage of cybersecurity professionals. We found that ransomware and phishing scams are as active […]

2022 Holiday Season Cyber Threat Trends for the Retail and Hospitality Industry

For the retail, hospitality, and travel community, the holiday season is the most intense time of year for persistent threats. From the beginning of October through the end of December, attempted cyberattacks expand in both scale and magnitude to match the rise in consumer traffic. To help provide cybersecurity professionals in consumer-facing businesses with information […]

The Looming Cybersecurity Risk for SMEs

Cybersecurity is one of the top concerns globally for many today. Cyberattacks originate from both organized criminal groups and nation-states, and they target critical infrastructure, government agencies, and businesses daily. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) even issued a warning recently that Russia’s ongoing invasion of Ukraine could lead to increasing state-sponsored cyberattacks. […]

How U.S. Businesses Are Suffering from the Lack of Personal Data Privacy Laws

It’s been over four years since the European Union implemented its groundbreaking General Data Protection Regulation. The GDPR has become the model for personal data privacy laws in many other countries and for the California Consumer Privacy Act (CCPA), which took effect in 2020. New data privacy laws are set to take effect in four […]

IBM Report Reveals Top Data Breach Trends as Costs Hit All-Time High

IBM Security released its 2022 Cost of a Data Breach Report, revealing costlier and higher-impact data breaches than ever before, with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organizations. With breach costs increasing nearly 13% over the last two years of the annual report, the findings suggest these […]

Apple, Google, and Microsoft Partner to Scrap Passwords

In a joint effort to make the web more secure and usable for all, tech giants Apple, Google, and Microsoft announced plans to expand support for a common passwordless sign-in standard created by the FIDO Alliance and the World Wide Web Consortium. The companies said the new capability will allow websites and apps to offer […]

For a Stronger Human Firewall, Use Tough Love

It all started with a valentine. Earlier this year, my team and I aimed Cupid’s arrow at Businessolver employees to show them that—to borrow a phrase—there’s a thin line between love and bait: We orchestrated a phishing simulation via an email claiming to be from our CEO wishing them a happy Valentine’s Day. Was it […]

Calif. Man Convicted for $23M Phishing Scam Against U.S. Department of Defense

Cybercrime can impact anyone, anywhere, and that includes even the U.S. government. A California man was convicted on six counts related to the theft of over $23 million from the U.S. Department of Defense (DoD), money destined for one of its jet fuel suppliers, according to U.S. Attorney for the District of New Jersey Philip […]