Cyber security awareness is an everyday job, and it’s easy to fall into a false sense of security once you have a solid plan in place. Every year, statistics are a reminder that hackers and scammers never sleep. New trends and attack types pop up daily, making it difficult to keep track. This list is a rundown of the most important statistics of the year, allowing you to get a good overview of...

For most people, the holidays are a time to relax and unwind with family and friends. It’s also when consumers rush to buy gifts for their loved ones. At this time of year, cyber criminals are innovating new scams to steal the personal information of unsuspecting consumers, from phishing emails to malware infections. According to a report by Centum, cyber attacks increase by 40% during the...

E-commerce growth is expected to grow by 9.4% by 2024; by 2027, it’s forecasted to hit a whopping $8 trillion for the first time. More people shopping online means more opportunities for cyber criminals to strike. In fact, there’s a growing trend of cyber scams taking place during the holiday shopping spree. As we all get busy with our holiday shopping and preparations, keeping security in mind is...

Retail stores are one of the oldest ways humans exchange goods and services. As they evolve, one of the most significant shifts they have undergone is the dramatic increase in technology integration within their operations. From tools to check stock to staffing management and cash registers, retail stores rely heavily on technology for almost every aspect of their business. Unfortunately, all...

While Black Friday and Cyber Monday are excellent opportunities for consumers to get hold of some great deals, they are also ideal for cyber criminals to execute cyber crimes and scams. Research shows that global e-commerce fraud is increasing, causing losses amounting to $41 billion in 2022. Later this year, the predicted losses are expected to exceed $48 billion. The retail industry is the most...

This financial sector’s reliance on computer systems and network has made it an attractive target for cyber attacks, now the biggest risk to the UK financial system. In its latest Financial Stability Report , the Bank of England (BoE) agrees that cyber threats may be prevalent in 2023. The BoE said that it is working to strengthen defenses against cyber attacks. The report identified three...

Use a virtual private network (VPN). Speak to your manager or IT department for software recommendations or guidance on the installation process. Create strong passwords When creating an online account, follow these simple steps: Don't use easy-to-find personal data (such as your birth year) Don't reuse passwords Use a combination of at least 8 letters, numbers, and symbols Phishing Look for...

During the annual eCommerce bonanza known as Black Friday and Cyber Monday weekend, shopping websites will be swarming with people who are mostly unaware of cyber threats that can leave personal data vulnerable. In 2021, Europe, Canada, and the United States saw a 50% spike in transactions during the Black Friday and Cyber Monday window from the previous week. With the imminent spike in online...

On September 15, the Hive ransomware group claimed to have launched an attack against Bell Technology Solutions on August 20, 2022. The compromised information contained approximately 1.9 million active email addresses, 1,700 names, and active phone numbers. Bell Technology Solutions is a subsidiary of Bell Canada, a leading communications company and communications provider for over 140 years...

The holiday shopping season presents a target-rich environment for cybercriminals. In fact, as per the 2020 Trustwave Global Security Report , the retail industry is the most targeted sector for cyber attacks for the third year running. An increasing shift to a digital environment—a change due in no small part to the COVID-19 pandemic—isn’t making data protection easier for retailers either...

Security awareness training for financial services and bank employees must be a top priority. While financial services institutions have long been prime targets for cybercriminals, as most attacks are financially motivated, the shift to remote work business models and operations has heightened cyber security risk levels. Recent data reinforces why financial services CISOs and security leaders need...

Cyber Monday is right around the corner and this means employees will be shopping online at work. To prepare for the busiest online shopping day of the year, companies need to remind employees of how to be safe online . It’s very easy for even the most cyber-aware employees to get caught up in the rush of online holiday sales and promotions. Retailers know that shoppers want deals and start their...