The sophistication of the technology employed by threat actors has increased along with the number of threats. Link: https://accelerationeconomy.com/cybersecurity/how-to-communicate-cybersecurity-risks-to-boards-executives/
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A Canadian mining company has acknowledged being hit with a ransomware attack shortly after concluding a deal worth $230 million for the sale of an exploration site in Australia. Link: https://www.itworldcanada.com/article/canadian-copper-mine-hit-by-ransomware/519819
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Fraud is at the heart of most cybercrime, whether it’s a scammer trying to gain access to sensitive information or a false website set up to gather data from visitors. With varied approaches and unlimited creativity, cybercriminals are constantly coming up with new ways to target businesses. Here are some of the ways you can […]
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Connecting to the internet makes your systems vulnerable to many cybersecurity threats. But ransomware is a double threat. Not only does it damage your systems, but it’s also profitable to hackers. Ransomware is malware that will encrypt all of your data then demand payment to decrypt it. Because this payment is usually in an untraceable cryptocurrency, […]
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The need for cybersecurity is undeniable. The aftermath of a cybersecurity incident can cause intellectual property theft, a damaged reputation, productivity loss, business disruptions, and recovery expenses. Every business is a target of hackers. Size doesn’t matter, but according to a recent Cyber Security Breaches Survey, 70% of small and medium-sized enterprises (SMEs) do not […]
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Many businesses have pivoted quickly and have taken their operations online, enabling their staff to work from home. But with that change, hackers, scammers, and spammers are actively targeting the weakest link in the security chain — the staff. Phishing Attacks Targeting Employees Working From Home Not only are security controls typically more lax at […]
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In November 2018, Marriott suffered a data breach, exposing the data of 500 million users. It was one of the largest data breaches in history. In January 2020, Marriott suffered a second cybersecurity incident, and while sensitive data was not accessed in this second breach, this highlights the fact that unless significant efforts are undertaken to […]
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In November 2019, LifeLabs, Canada’s largest laboratory diagnostics and testing service, was the victim of a cyberattack. Hackers accessed over 85,000 test results, thanks to a vulnerability they exploited in the company’s web application. Personal Data Stolen by Hackers Who Demanded LifeLabs Pay a Ransom Among the data stolen from LifeLabs were customers’ home addresses, […]
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Many gamers don’t understand that playing a mobile game can jeopardize the security of their other online accounts. In September 2019, a hacker with the handle “Gnosticplayers” gained access to a Zynga database that contained the user account data for people who installed Words with Friends, Draw Something, or OMGPOP. Unfortunately for Zynga users, the […]
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As soon as hackers identified a vulnerability in the Citrix ADC (formerly Netscalers) system, they found a way to capitalize on the opportunity. While Citrix responded quickly and came up with a patch to solve the problem, ransomware attacks had already been launched. This breach demonstrates how important it is to pre-emptively assess threats and […]
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