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...

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...

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...

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...

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 employees, their...

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 strategies that can...

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 can...

Information security governance is a subset of corporate governance and can complete or encompass the governance of information technologies. It directs or strategically aligns information security activities and ensures that the company’s business objectives are reached. It also guarantees that information security risks are adequately managed and that information resources are used responsibly...

As a follow up to the Business Continuity Management program article , here is a more detailed description of the development and implementation phase objectives and content of the Business Continuity Plan (BCP) for major incidents. This plan is in fact a set of plans which is comprised of the following main components: Emergency action plan and damage assessment This is a response plan to deal...

The ISO/IEC 27002 standard is part of a family of international standards (ISO 27000) for the management of information security. It includes the best industry practices to protect the availability, integrity and confidentiality of information. A risk assessment is initially necessary to identify priority controls to be implemented within a company in order to improve the information’s security...

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...