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 [...]
The importance of multi-factor authentication and password security is critical. Often, it is your best line of defense for protecting all your data, devices and systems from unauthorized access. Unfortunately, many don't take password security seriously, which makes them especially vulnerable to hackers. Good password security can help protect you from data breaches, network intrusions, [...]
Cyber attacks against small businesses are increasing each year. Whether you are answering email, storing data files or running a website, your small business faces risks from doing business online. Most recently, hackers have been focused on stealing money directly from small businesses. Some cyber criminals are using tricks to commit cyber fraud and drain [...]
News about the outbreak and spread of Covid-19 dominated headlines in 2020. Yet for many law firms, Covid-19 has not been the only kind of virus threatening their businesses. In the past year, there has been a massive surge in ransomware attacks targeting law firms, costing law firms hundreds of millions of dollars, exposing sensitive client [...]
Businesses face a variety of risks in the 21st century. But for many, no threat is more pressing that the risk of a cyber-attack. A recent industry report has announced that the world's top business risks are cyber related. The dangers of cyber-attacks, data theft and cyber fraud are expected to be a concern for [...]
Your firm may not do as much business volume as the corporate giants, but you can still face big risks from cyber crime. A new hacker group dubbed Maze has made waves in the business community with a string of nearly 30 ransomware attacks in the last few months. The cyber crime ring targets small [...]
A new law enforcement report reveals rising cyber attack costs again in 2019. The FBI's 2019 Internet Crime Report documents internet-facilitated criminal activity reported to the government's Internet Crime Complaint Center (IC3). More than 467,000 complaints were submitted in 2019, with business losses estimated at $1.7 billion. Both complaints and costs have risen significantly over the [...]
Businesses know how to defend against ordinary criminals. Door locks, safes, security cameras and more. Yet defending against cyber criminals is just as important given the risk to today's businesses. Cyber criminals commit crimes online by targeting computer networks and devices. While ordinary crime levels may be relatively low, the cyber crime risk is rising [...]
As one of the latest cyber dangers facing the business world, a crypto-jacking risks and cyber attack can interrupt business, cause reputational damage and may even lead to data loss, legal claims or regulatory fines. Technology companies are at a greater risk, but any company with a website is vulnerable. Here's what to know about [...]
Implement our cyber risk protection checklist to protect your business. As you may know, cyber attacks can pose a significant risk to your business, especially if you aren't prepared. According to Radware's latest Global Application and Network Security Report, the average cost of a cyber-attack is over $1 million. Cyber crime comes in many [...]