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Top 11 Cybersecurity Concerns in the Finance Sector in 2024

Cybersecurity in finance is not just about defense but proactive adaptation. Banks face continuous threats despite advanced security infrastructures. The escalation in phishing success rates, as seen in Terranova Security's 2023 Gone Phishing Tournament found a 10.4% click-through statistic, highlighting the need for evolving security strategies.  While the finance sector performed better than...
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7 Examples of Social Media Scams You Should Avoid at All Costs

Social media platforms have become non-negotiables in our daily lives. We always find ourselves online at our favorite social media sites to connect with loved ones, share our thoughts, and discover interesting content. While social media has become central to our routines, its vast reach and anonymity provide certain risks—they’ve become a breeding...
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What is Baiting in Cyber Security?

Cyber criminals are constantly evolving their methods, but their biggest leverage for growth will always be exploiting the human factor. Software and physical measures against cyber attacks have become so advanced that tricking workers is the only remaining attack vector criminals can reliably use. According to Verizon’s 2023 Data Breach Report, 74% of...
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The 2023 Gone Phishing Tournament Results: Everything You Need to Know

The results of Fortra’s Gone Phishing Tournament are here, and they highlight the potential power and danger of phishing across the world. This global test uncovered that 1 in 10 individuals are susceptible to these attacks, which would have led to 90,000 compromised passwords if the campaign had been an actual cyber attack. This year’s tournament featured an updated email and landing page to...
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Swipe Right on Cyber Security: Let’s Talk About Zodiac Signs

With Valentine’s Day upon us, our thoughts turn to love, compatibility, and cyber security. As Cupid strings his bow this Valentine’s Day, let’s explore how the stars might be influencing your approach to online security. Are you a Leo who roars against cyber threats, or a Pisces swimming through the sea of digital privacy? Remember, while the universe might hold many mysteries, your cyber...
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What is Quishing?

QR codes have come a long way since being invented in 1994 by a subsidiary of Toyota. Initially introduced to address some limitations of barcodes during the car manufacturing process, QR codes have since become staples in people’s day-to-day lives. The introduction of high-powered cameras to most modern smartphones is what allowed these codes to gain new uses. QR codes, easily generated and cost...
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The 7 Most Dangerous Healthcare Cyber Attacks

While industries like banking and software can be devastated by cyber attacks, no other field is impacted by hackers like healthcare. As an example, it’s hard to forget attacks like the ransomware that brought all 400 locations of Universal Health Services to a standstill for months in the United States. Healthcare facilities often can’t operate if they don’t have access to crucial information...
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Law 25: Everything You Need To Know to Ensure Compliance

Online privacy and data protection have become pressing issues in recent years that many governments have decided to legislate. The Legault CAQ government has been behind many digital-related innovations, so it’s not surprising to see legislation like this. This law is a legislative update since existing laws inadequately address digital data. It should be noted that Law 25 has teeth and isn’t...
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The 5 Most Common Supply Chain Attacks

Say, have you heard anything about supply chains lately? Of course, you have. This phrase has entered the zeitgeist with more gusto than Taylor Swift oozing rizz in a Chiefs jersey. When we talk about the price of things, be they groceries or concert tickets, the conversation inevitably turns to someone remarking on “the supply chain,” and the rest of us nod knowingly. Which is to say, supply...
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The Evolution and Limitations of Multi-Factor Authentication

As careers, banking, and healthcare move online, the need for more secure authentication has become increasingly urgent. While passwords have been adopted as the most common form of authentication, they pose many problems in terms of cyber security. In recent years, especially since the rise of remote work in 2019, the adoption of multi-factor authentication (MFA) has steadily risen to over 60%...
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Data Privacy on Social Media: How to Protect Your Information

More than half of the world population (54%) spends an average of 2 hours and 21 minutes on social media daily. Users’ likes, opinions, geotags, photo uploads, and friend connections are considered personal data. What social media companies do with that information is vitally important. However, users often give those platforms enormous control over their data when they sign user agreements. ...
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How to Avoid Phishing Simulations False Positives?

This year is seeing more phishing attacks in more places, having more detrimental impacts. One security messaging provider noted a 61% increase in phishing attacks between April and October 2022 compared to the same period the previous year. Another report observed that when phishing attacks were successful in 2022, financial losses from those incidents increased by 76%. In another trend,...
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How to Develop Security Awareness Training

According to Valimail’s Spring 2019 Email Fraud Landscape, about 3.4 billion phishing emails are sent each day, making it one of the most common types of cyber attacks. This number shows how crucial it is to train your employees so they can recognize and report malicious emails. That’s where cyber security awareness training comes in. With the right training program, you can provide your...
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The Chain Reaction: Why Cyber Security in Supply Chain Networks is Critical

Imagine countless organizations working together like a well-oiled machine to create and deliver the products and services we rely on. That’s what supply chain networks are. Like a machine, each connection is vital to make the whole thing work. It’s a delicate dance of supply and demand, where each organization plays its part in keeping the network alive and thriving. And with technology...
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Your Real-World Footprint Has a Digital Counterpart: Here’s What You Need to Know About Digital Footprints

Detectives look for footprints and fingerprints because they’re instant proof of where someone’s been, what they touched, and where they’re headed. The concept holds online, too. Your digital footprint is a map of where you (and your devices) have been, what you do online, how you behave, and where you’re probably headed next in the cyber sphere. In this article, we explain what digital...
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Risky Business: When Third-Party Troubles Become Your Own

Businesses don’t stand and operate alone. Organizations partner with an average of 10 third-party vendors to manage their operations. Especially when talking about large corporations—they collaborate with various other organizations or firms helping them manage and advance their operations. These firms include suppliers, manufacturers, service providers, software vendors, distributors, resellers...
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Updated FCC Legislation Could Mean New Data Privacy Requirements for Telecoms

Telecommunications companies (telecoms) have been prime targets for cyber attackers. They operate critical infrastructure passage, and vast amounts of customer data pass through their networks. The United States Federal Communications Commission (FCC) is aiming to strengthen data security with new regulations around data breach reporting by communications carriers. The agency has long required...
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How to Enhance Third Party Risk Management with Cyber Security Training

Did you know that on average, every company is connected to ten third-party businesses? There’s the payroll services company that remotely manages employee wages. The Software-as-a-Service (SaaS) cloud storage provider that backs up customer account data. The security company that provides access control to company buildings and systems. To achieve an efficient supply chain, organizations rely...
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Do You Know What You're Getting Into? The Risks of Social Media for Your Business

Social media has completely redefined our lives. From how we communicate to the type of information we broadcast, people worldwide have used these platforms to make new friends, share information, start and promote businesses, and so much more. These platforms have become amazingly convenient and powerful to the point where they have become a centerpiece of most people’s lives. The ubiquity of...
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Why Your Third-Party Vendors Have Almost Definitely Been Breached and What to Do About It

The news from Human Resources is that employees are happier than ever. Working from home using third-party vendor services makes work easier and more flexible. The news from IT is less enthusiastic. A recent report showed that a whopping 98% of organizations have at least one third-party provider that has suffered a data breach in the last two years. Third-party vendor relationships are nothing...