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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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5 Reasons Why You Need Gamification In Your Cyber Security Awareness Program

Cyber security training is crucial, yet traditional methods often fail to inspire engagement, leading to subpar knowledge retention and application of critical security practices. As security threats constantly evolve, you need training that not only informs but also captivates and motivates. Enter gamification. By weaving elements of game design into training programs, you can turn mundane...
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DMARC: The Next Step in Email Hygiene and Security

In 1971, Ray Tomlison developed the first email service while working at The Defense Advanced Research Projects Agency (DARPA). This development changed how we communicated. However, even though this was an exceptional tool, it was not very user-friendly, requiring users to have specific software installed on their computers. In 1996, Sabeer Bhatia...
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Getting Safe Cybersecurity Habits to Stick with Gamification and Positive Reinforcement

The first challenge security professionals who want to implement security awareness training face is that this training is usually perceived as a punishment or a chore. This perception varies based on how the training is contextualized, its delivery method, and the organizational culture in which it is introduced. As the renowned psychologist and...
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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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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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How Secure is Cloud Storage? Here are the Important Risks to Know

The rise of cloud storage has enabled much of the rapid digital transformation people have experienced since the onset of the pandemic. Forecasts project that today’s $83.41 billion global market will explode to $376.37 billion by 2029. While cloud storage opens many opportunities to streamline processes and productivity, let’s keep in mind the arduous risks it poses. Skyhigh Security found that...
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The 5 Most Spoofed Brands in the World

“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...
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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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What Organizations Can Learn from the Toyota Cloud Breach

Cloud storage has revolutionized how organizations collaborate internally, allowing them to store data conveniently and cheaper than ever. According to a recent survey of technology leaders, 93% of respondents said their company was “mostly cloud,” reflecting the hold that this technology has on all industries. The auto industry has recently integrated cloud storage at all levels of their...
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7 Types of Spoofing Attacks And How To Detect Them

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...
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How to Build a Successful Phishing Simulation Campaign

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...
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How to Successfully Manage Repeat Clickers

(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....
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Don’t Be Fooled By A Spoofing Attack

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...
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Why Gamify Security Awareness Training?

Leveraging a spirit of competition to drive engagement and create a security culture Gamification is a popular concept these days, and for good reason. With gamification, you can develop a game for learning more about a serious topic while also getting the learner to approach winning that game with the same fervor they would when playing for entertainment. So what happens when you integrate...
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Impending breach notification laws highlight importance of security awareness

New data breach notification proposals from President Obama and other political leaders will only exacerbate the impact of these incidents. The stakes surrounding cybersecurity aren’t just increasing – they are expanding. For years now, business leaders have understood that data breaches are a serious issue, one which firms must do everything in their power to avoid. After all, these incidents...
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Supplementary guide to achieving PCI-DSS compliance cloud computing

Cloud computing services require special attention in regards to information security and privacy. This is especially important when using credit card data while cloud computing in order to meet PCI-DSS ("Payment Card Industry – Data Security Standard") standards. To this end, the SSC ("Standard Security Council") published a document entitled “Information Supplement: PCI DSS Cloud Computing...