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...

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...

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...

“On the internet, nobody knows you’re a dog.”     Cartoon by Peter Steiner There’s a reason this cartoon gained popularity in 1993 and has now become an iconic representation of how the internet works. The internet provides a way for people to hide their real identities, which can unfortunately lead to dishonest activities. Nowadays, scammers take advantage of this to deceive people who...

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,...

Even after years of business evolution; it’s shocking that safe, quick and trackable payments are still often such a struggle for many companies around the world. Banks are often slow-moving institutions that are late to embrace technological improvements, and currencies have been increasingly fickle in recent years. This situation is what allowed cryptocurrency to go from the pipe dream of an...

The crypto market has been on a wild ride over the past few years, with prices soaring to all-time highs in 2017 and then crashing just as dramatically in 2018. And while the market has been relatively stable in recent months, many experts predict another crash in 2023. But what does this mean for cyber security? In this article, we’ll explore the potential effects of the crypto crash on...

Spoofing refers to an attack where hackers use various ways to disguise their identity so that their victims think they are talking to their coworker, boss, or business. The methods used to achieve this are the typical phishing tropes such as fake websites, links, and social engineering. When spoofing is involved, it’s often more helpful to focus on detecting the facade rather than looking at the...

Phishing threats are everywhere, and if your employees don’t know how to spot them, you’re putting your information at risk. Knowing how to build a successful phishing simulation is vital for identifying how well employees can spot the latest threats and ensuring they know how to spot them independently. Unfortunately, many organizations fail to offer adequate security awareness training, with...

Personal voice assistants have proven to be a great technological innovation that improves lives daily. With 4.2 billion of these devices in use in 2020, they are no longer just a novelty, and, with workers staying home for the foreseeable future, voice assistants could pose a sizeable security risk. Voice assistants are mostly known as standalone speakers that people talk to in order to execute...

(7 min read) Using online security awareness training to lower your click rate Recognizing a potential phishing email is the first step in avoiding falling victim to a cyber attack. The next and most important step is knowing what to do with this email. Ideally, you want your employees to report the phishing email to you and then delete the message. However, curiosity is extremely powerful....

Know how to identify and prevent a spoofing attack Spoofing attacks are the ultimate form of cybercriminal trickery and deception. Cybercriminals disguise themselves and rely on trust to steal confidential information, install ransomware, and commit other cybercrimes. Spoofing comes down to trust. Cybercriminals hide behind trusted people, domains, URLs, and the technical elements that make up a...