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 ransomware payout in...

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 past few years,...

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...

If you’re a company that uses email scanning technology as the first line of cyber defense, you should know about a recent slate of malicious Word document-based attacks. These attacks are designed to deliver malware and ransomware to targeted systems. Security researchers at Cisco Talos recently identified an attack where Word document files attached to emails were used to deliver Cobalt Strike...

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, with businesses and...

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 measure. This 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 for over 140 years....

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 criminals could use...

During the last week of January 2021, cyber security provider TrendMicro shared a blog post highlighting an Office-365 phishing campaign that criminals have targeted executives within manufacturing, tech, real estate, government, and finance since May 2020. As part of the scam, fraudsters sent the victims fake emails with links to a phishing site, where they harvested their credentials to sell...

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 trends that emerged this...

Robust, engaging security awareness training is an essential part of strong cyber security practices, especially given the accelerated digital transformation and shift by many organizations to remote workforces. It can also be a crucial value-added product for resellers, distributors, MSSPs, OEMs partners and technology partners, who are looking to expand their portfolio, drive business growth...

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 Information Officer...

Since December 2019, there has been a coordinated campaign of phishing attempts targeting Office 365 users. Cyber criminals have sent spoofed email, gathering the login credentials and payment details of Microsoft accounts in over 62 countries. According to one report, despite a 42% reduction in phishing attempts in 2019, scams like this Microsoft Office 365 campaign remain a significant threat...

Bringing the Best in Security Awareness Content to Microsoft Customers Terranova Security has announced that it has partnered with Microsoft Microsoft is leveraging our phishing, security awareness, social engineering, and cyber security content in Microsoft Office 365 Advanced Threat Capabilities (Office 365 ATP). “Microsoft’s technology and platform enriches us with intelligent insights to...

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 Awareness Coach at...

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 comes to cyber...