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Why Organizations Need Data-Centric Security Strategies

Many employees are celebrating the recent shift to remote and hybrid work. However, some security specialists and compliance experts are not as thrilled. Digitalization, cloud computing, and Software as a Service (SaaS) bring new freedom and flexibility to organizations and workers. At the same time, they send data out into the wild beyond traditional security perimeters....
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Are You Being Played? AI's Role in Social Engineering and How You Can Protect Yourself

While there’s no denying that AI has its advantages, it also comes with its fair share of drawbacks. One of which is its role in making social engineering easier to pull off. Cyber criminals are beginning to utilize AI software to generate the voice of chief executive officers and fool employees into revealing sensitive information or initiating monetary transfers. An...
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What's the Damage? The Truth About the Cost of Data Breaches

In today's interconnected world, organizations are responsible for their cyber security practices as well as those of their third-party vendors. With increasingly complex risk management scenarios, the impact of a data breach can be catastrophic for an entire supply chain. According to a study by IBM, 83% of U.S. companies who participated have experienced a data breach more...
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The California Privacy Rights Act (CPRA) and How it Affects Your Business

New regulations are already keeping IT professionals on their toes in 2023. One monumental change for California residents and businesses is the California Privacy Rights Act (CPRA). The legislation came into force on January 1, 2023. Legislators drafted the new rules to empower consumers and close gaps in the California Consumer Privacy Act (CCPA). The CPRA gives customers...
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What You Need to Know About the Google Drive Scam

Hackers are targeting hundreds of thousands of Google users with fake Google Drive notifications and emails to try and trick them into visiting malicious websites.
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6 Things to Learn from the Garmin Security Breach

As much as we can say that cyber security measures are advancing, we can say the same about cyber criminals and their strategies. In 2022, ransomware attacks occurred every 11 seconds on average, at a global annual cost to businesses and governments of $20 billion US. Costs are rising in part due to the growing ransoms demanded from victims. While estimates of the average...
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Yes, Cybercriminals Can Use ChatGPT to Their Advantage, Too

In the age of robots and artificial intelligence comes another player in the AI market: ChatGPT (Generative Pre-trained Transformer). Since its release, cyber security professionals have unlocked various opportunities with its features. Namely, it can answer prompts, write codes on demand, detect phishing emails, and crack passwords. In a nutshell, ChatGPT can be an invaluable...
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Everything You Need to Know About Biometrics Hacking

Biometric authentication, such as face IDs, retina scans, and fingerprints, were introduced to our devices to increase security. At first, it felt like it was doing what it was meant to do. Plus, the convenience it brought with it was top-notch. I mean, accessing your smartphone with your thumb? Logging into your bank account using your face ID? Amazing. However, over the...
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Is Your Personal Data Safe on Meta’s Social Media Platforms?

Not only are they burning through cash as they pivot toward the metaverse, but their struggles with data privacy are an ongoing issue. In many ways, Facebook/Meta’s data privacy troubles began in 2018, with revelations that a data-marketing firm had illegally collected the personal details of more than 80 million Facebook users. However, despite promises of improvements and...
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Cyber Attacks Pose the Biggest Risk to UK Banks – Bank of England

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...
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What You Need to Know About the 2022 Australian Cyber Attacks

There is a sharp rise in cyber attacks targeting businesses and organizations across Australia. The nature of these attacks ranges from ransomware and phishing scams to distributed denial-of-service (DDoS) attacks, with some estimates suggesting that the number of cyber incidents could be as high as one million per year. The financial cost of these cyber attacks is immense,...
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The Recent Dropbox Breach and What We Can Learn From It

On November 1st, 2022, Dropbox became the victim of a cyber attack where source code repositories, as well as names and emails of their employees, were unauthorizedly accessed. It is not yet clear how the unauthorized access took place, but Dropbox has said that they are investigating the matter. The company is urging all users to change their passwords as a precautionary...
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Bell Canada Cyber Attack: What You Can Learn from This Data Breach

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...
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What You Need to Know About the Latest Facebook Data Leak

At the start of April, hackers leaked the data of 533 million Facebook users from 106 countries in an online hacking forum. The leaked data included the private information of Facebook users like full names, phone numbers, email addresses, locations, Facebook IDs, and biographical data. While hackers obtained the information in 2019, there are serious concerns over how cyber...
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Data Breaches in 2020: The Year in Review

The disruption caused by the Covid-19 pandemic saw enterprises across the globe rapidly adopt remote working to support social distancing and comply with quarantine restrictions implemented by national governments. Amid this chaos, many cyber criminals created new phishing scams and other online threats, leading to many high profile data breaches. One of the most alarming...
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The CRA Cyber Attack: Here’s What You Need to Know

In mid-August, cybercriminals targeted the Canada Revenue Agency with two credential stuffing attacks, obtaining the usernames and passwords of 9,041 GCKey accounts, and 5,500 CRA accounts. The fraudsters then used the stolen login credentials to apply for the Canadian Emergency Response Benefit (CERB). In response to the attack, a statement released by the Office of the Chief...
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5 Ways to Reduce the Risk of a Social Network Breach

Social networking overlaps corporate and personal lives, and so should the mission to create a culture of security awareness. It’s true. There was little – if nothing – any Facebook user could have done to prevent their passwords from getting exposed earlier this spring. Just look at the facts of the case, said Theo Zafirakos, Chief Information Security Officer and Security...
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Cyber Security Breaches – Reduce The Human Risk Factor

You can have the most powerful, cutting-edge security technology in the world, but if a user clicks on the link in a malicious email, lets a stranger tailgate into your building or uses 1234 as their login password, they unwittingly open your organization up to a cyber security breach. The fact is that the human risk factor remains your greatest point of vulnerability when it...
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Employee error leads to Rogers Communications data breach

While certainly not the biggest data breach in recent memory, this Rogers Communications incident demonstrates how a seemingly small employee error can have significant consequences in the realm of cybersecurity. Data breaches have become major news topics and with good reason. These incidents have major implications not just for the businesses affected but also for their...
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Risk of data breaches, cybercrime growing in Latin America

Latin American companies need to increase their investment in cybersecurity, including security awareness training for employees. Data breaches and cybercrime used to be seen as shocking, alarming and difficult to fathom. Today, they seem almost run of the mill. The world and many of its criminals have gone digital, and yet countless organizations have yet to embrace new...