CBWY Blog

Pre-Covid online shopping was already expected to continue its increase in 2020, but with more customers avoiding the typical Black Friday crowds, this holiday season is set to break online sales records. A recent survey, commissioned by Cyberscout and conducted online by The Harris Poll among over 2,000 U.S. adults, found that 84 percent of consumers plan to shop online for the holidays this year, with 23 percent of them reporting that they are likely to shop through a social media platform.

The 2020 holiday season is coinciding with a major spike in Covid-19 cases and fatalities and many families are opting to avoid travel and potentially exposing elderly and / or vulnerable relatives. Hosting gatherings on video conferencing platforms such as Zoom or Google Meet may help to keep families physically safer, but it can introduce a number of cybersecurity and privacy-related threats.

As Covid-19 rise across the country, public health officials are starting to ramp up contact tracing efforts. Among other issues, tracking the spread of the disease has been stymied by widespread confusion and misinformation about what kind of data is being collected, and by whom. 

While there are myriad online threats to businesses, organizations and governments, ransomware is by many metrics the worst right now. Other kinds of attack can have personal fallout, but for destructive impact on its targets ransomware is dominant, and for that reason one of the most lucrative for the attackers that deploy it. 

There are a lot of perks to working for CBWY, such as a fully stocked break room with free fruit and coffee, wellness reimbursements, an amazing volunteer program, and much more. While perks are nice, it’s not why we’re the best. We have the best people and leaders who believe in our culture. For the second year in a row we have been listed as one of the Best Banks to Work For in 2020. American Banker and Best Companies Group recognizes and honors banks in the U.S. for outstanding employee satisfaction.

Enjoy a holiday craft this Fall season. This simple felt owl pattern is a fun activity for every member of the family. If you would like to avoid sewing and stitching, you can omit the cotton craft stuffing step and use fabric glue instead!

 While there are myriad online threats to businesses, organizations and governments, ransomware is by many metrics the worst right now. Other kinds of attack can have personal fallout, but for destructive impact on its targets ransomware is dominant, and for that reason one of the most lucrative for the attackers that deploy it. 

Spoofing is a method commonly used by hackers across a wide range of cyberattacks including but not limited to phishing, social engineering, ransomware, and business email compromises. 

While the techniques and technology can vary, spoofing allows a hacker to alter their identity to appear to be a trusted source, such as a co-worker, relative, or secured online service.

Business email compromise (BEC), also known as “CEO fraud,” “W2 fraud,” or email account compromise (EAC) is a more targeted and damaging form of phishing, where the primary attack vector is to either hijack or “spoof” the email account of an executive or other position of power within a company or organization. The end goal is typically to convince an employee of the company to wire money.

Social engineering is a comparatively low-tech method of cyber attack where a hacker or scammer will use deception to coerce or otherwise manipulate their target into providing information that can be used in a data-related crime.  While there is some overlap between phishing and social engineering, one of the main elements specific to social engineering is that it targets human behavior through personal interaction, rather than more technologically-oriented methods like spoofed phishing pages.