Studies show many people can be tricked into revealing their password, but a new technology called passwordless authentication may make accounts safer and passwords obsolete. If you’ve ever unlocked your phone with your face, logged into your laptop with your fingerprint or hopped on a work terminal with a key fob, you’ve used passwordless authentication. [...]
Whenever the topic of cyber crime comes up, leaders at organizations everywhere often have one question: How do fraudsters and hackers convince so many people to hand over their passwords? The simple answer is social engineering. People are social by nature, with a decision-making process that’s highly responsive to the people around them. Some cyber [...]
The manufacturing industry isn’t known for having lots of rich clients or daily high-dollar transactions, so it may seem odd that criminals would be targeting plants and factories across the country. But increasingly, that’s what’s happening. The rate at which cybercriminals are targeting the manufacturing industry now tops the rates for industries like finance, business, [...]
Not knowing or understanding the cybercrime risks your business faces puts you at a disadvantage against cyber criminals who know exactly what they're doing. But wrapping your head around the lingo used to talk about the topic can be tricky. Cybercrime terminology is complex and it's constantly changing and evolving. Knowing the meanings behind key [...]
It's a familiar message at CyberLock Defense: multi-factor authentication, threat monitoring, response planning and risk mitigation protect against most cyber attacks. But sometimes it helps to hear that message from other top experts in the industry. Microsoft recently introduced Cyber Signals, a new quarterly cyberthreat intelligence brief that offers an expert perspective into the current [...]
Cybercriminals cast a wide net, with almost every business owner knowing of another business in their industry that's been affected by cybercrime. But some industries are more lucrative for criminals than others. A new report from the cyber risk experts at NetDiligence sheds light on which industries are most at risk of a cyber attack. [...]
As the administrator of the CyberLock Defense Insurance program, Lockton Affinity is always on the lookout for new resources that may help businesses reduce their risk of wire fraud. Wire fraud is a significant cyber risk for business, because it can harm relationships with clients and customers and impact your insurability. Protecting against wire fraud [...]
Cyber-attacks pose a significant risk to businesses, costing companies millions and ruining reputations. The tactics used by hackers are always evolving so it's important to make sure you are keeping up. Most attacks result from a business and its employees being unprepared or underprepared for a threat. But by following the latest cyber security best [...]
One way to mitigate the increased risk of cyber attacks is to look to low-cost and no-cost solutions that can offer an immediate risk management benefit without added expense or complexity. CyberLock Defense has prepared this list of 12 low cost and no cost ways to help prevent cyber attacks on your business. 1. Identify [...]
When a criminal inserts themselves into a transaction involving the transfer of large sums of money, it's called fraud. When they do so by first gaining your trust, this is called social engineering. Funds transfer fraud through social engineering is a big problem for businesses, with results that could be devastating for your company if [...]