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THREE GIFT CARD SCAMS TO AVOID

THREE GIFT CARD SCAMS TO AVOID

Gift card fraud affects digital and physical gift cards alike. While fraudsters may approach gift card fraud with a variety of scams, the goal is to steal the funds from the cards while remaining undetected. Most likely, you’ve probably bought and/or received at least one gift card this year. Whether it was for a birthday, holiday, special event or “just because,” gift cards are the most wanted – and the most popular gift in the U.S. for nearly any occasion. Retailers and consumers have felt an increase in gift card scams, with victims reporting over $148 million stolen in the first nine months of 2021, more than all of 2020. Gift card fraud is on the rise, and the Federal Trade Commission (FTC) warns it’s a popular method for scammers to steal money. Let’s look at some ways that fraudsters use scams to commit theft.

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WHAT ARE SCAMS?

WHAT ARE SCAMS?

Scams are everywhere as criminals try to cash in by stealing money or valuable personal information from victims. And given our modern reliance on technologies like smartphones and the internet, if you haven’t been a victim of a scam, you’ve likely been targeted by one.

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DISRUPTING THE FLOW OF TODAY’S INTERCONNECTED CYBERTHREATS

DISRUPTING THE FLOW OF TODAY’S INTERCONNECTED CYBERTHREATS

Recognizing the tactics used by attackers and understanding how they work together can help us avoid them. Cybercriminals use several tactics to access your personal and business data. Increasingly, they’re layering these tactics so one attack strengthens the next.

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When Filing Taxes This Year, Apply for an Identity Protection PIN

When Filing Taxes This Year, Apply for an Identity Protection PIN

Taxpayers filing in 2021 are now eligible for one-time use identity protection PIN from the Internal Revenue Service.

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HACKER ALLEGEDLY ATTEMPTS TO POISON FLORIDA CITY’S DRINKING WATER

HACKER ALLEGEDLY ATTEMPTS TO POISON FLORIDA CITY’S DRINKING WATER

We’ve long known that systems and utilities are a target for hackers, but revelations like the one in Florida should give us all pause, as it may just be the start of a deadly escalation in the hacker’s playbook. An unidentified threat actor attempted to poison a Florida city by hacking into its water treatment system, officials announced Monday.

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Apple Urges iOS Users to Update to Latest Version

Apple Urges iOS Users to Update to Latest Version

Uninstalled updates to software or firmware are one of the most common ways people are compromised by hackers. Following the discovery of multiple security issues, Apple is urging iPhone, iPad, and iPod users to update to the latest version of its operating system, iOS 14.4. The prod from Apple should not be ignored.

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FBI Warns Companies of Vishing Attacks

FBI Warns Companies of Vishing Attacks

The FBI warned that companies and organizations are increasingly being targeted voice phishing, or “vishing,” attacks. In the January 14 Private Industry Notification (PIN), the FBI warned of an increase in the use of social engineering to target remote workers for access to company networks and data.

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New Whitepaper Focuses on Cyber Insurance in 2021

New Whitepaper Focuses on Cyber Insurance in 2021

Insurance Business America released a whitepaper on the state of cyber insurance seen through the lens of the prevailing cyber threats of 2020, and how insurers, brokers, and their clients can take advantage of the growing cyber market to achieve maximum productivity in 2021. The whitepaper experts included Cyberscout Chief Marketing Officer Jeremy Barnett, Resilience Insurance Executive Vice President and Global Chief Underwriting Officer Emy R. Donavan, CFC Underwriting Executive Vice President Shannon Groeber, and Cowbell Cyber CEO and Founder Jack Kudale.

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What Happens when a Cyber Threat Hits your Business but your Policy doesn’t Cover it?

What Happens when a Cyber Threat Hits your Business but your Policy doesn’t Cover it?

Businesses face a multitude of cyber risks in this dynamic time, from faulty wire transfers to social engineering, ransomware attacks to system compromises. But keeping up with the latest threats means your security posture and your cyber coverage also need to be up to date.

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Expect Many of 2020's Cyberthreats to Continue Into 2021

Expect Many of 2020's Cyberthreats to Continue Into 2021

The threat landscape of cybersecurity changes daily, with hackers and cybersecurity professionals in a perpetual cat-and-mouse chase; hackers discover new ways to infiltrate and exploit their targets, and the cybersecurity industry looks for vulnerabilities, tries to anticipate new threats and responds when cyber security issues arise.

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