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Business Email Compromises (BEC) Cost Companies An Average of $75,000. Here's What You Should Know.

Business Email Compromises (BEC) Cost Companies An Average of $75,000. Here's What You Should Know.

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.

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How Social Engineering Can Sink Your Business

How Social Engineering Can Sink Your Business

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.

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Phishing Is One Of The Top Five Threats To Your Business. Here's How It Works.

Phishing Is One Of The Top Five Threats To Your Business. Here's How It Works.

Of all of the major cyber threats to businesses and individuals, phishing is the most common. Recent studies indicate that 65 percent of U.S. organizations experienced a successful phishing attack in 2019, and 22 percent of data breaches began with phishing campaigns. “In its simplest form, phishing is the practice of sending a link via email or text or embedding a link on a website that, when clicked, downloads malware onto the user’s device as well as any other devices that are connected to the same network,” says CyberScout founder and chairman Adam Levin.

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How Ransomware Works and How It Can Impact Your Business

How Ransomware Works and How It Can Impact Your Business

Regardless of the industry or sector, ransomware is the cybersecurity threat that has consistently made the most headlines over the last five years, and with good reason. As a vector of attack, it has brought multinational corporations to a screeching halt, shut down local governments, caused school closures, and has led to at least one death by disrupting medical services. “While the sophistication and methods of attack may vary, the short answer is that ransomware is a type of malware that encrypts critical data on a computer or computer network so that users can’t regain access without paying a ransom,” says CyberScout founder and chairman Adam Levin

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October is National Cybersecurity Awareness Month.

October is National Cybersecurity Awareness Month.

October is National Cybersecurity Awareness Month (NCSAM). This year’s theme is “Do Your Part, Be Cyber Smart.” While the knowledge of cybersecurity best practices and data hygiene has increased during the seventeen years since the first NCSAM, the threats posed by hackers and other bad actors has increased too.

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Protecting Your Cybersecurity When Children Are At Home

Protecting Your Cybersecurity When Children Are At Home

While there are risks associated with remote work, the odds of a malware attack increase when more family members use the same device, especially children.

“The malicious code children collect on their way to something you’ve never heard of can hijack your computer for all kinds of purposes. There are click-harvesting scams. There are stealth programs that will turn your machine into a spambot. There’s malware that looks OK to your anti-virus program, but is actually recording every keystroke, most particularly when you log into your bank account,” warns CyberScout founder and chairman Adam Levin. 

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Why Businesses Should Consider Offering Identity Fraud and Theft Protection to Employees

Why Businesses Should Consider Offering Identity Fraud and Theft Protection to Employees

Many companies will offer identity fraud and theft protection services to customers who have had their data compromised in a breach, but relatively few provide it as a benefit to their employees—just 25 percent as of 2019. This approach ends up costing businesses in the long run, according to CyberScout founder and chairman Adam Levin.

“If you don’t subscribe to an identity theft resolution service or lack a plan of action before you suffer a personal compromise, you will need to spend more time and more money than you are probably prepared to spend,” said Levin.

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Three Ways to Protect Your Business From Domain Name Hacks

Three Ways to Protect Your Business From Domain Name Hacks

“Domain names are far from the only vector of attack, but they're one of the most visible,” says CyberScout founder and chairman Adam Levin.

Although hackers can deploy a wide array of methods to hijack domain names, there are fortunately several ways businesses and organizations can protect against them.

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How Typosquatting Hacks Can Target Your Company

How Typosquatting Hacks Can Target Your Company

Typosquatting is perhaps the least sophisticated form of domain name hacking. It relies on user error, specifically the odds of a user mistyping a URL address into their web browser. Hacker register a misspelled version of a well-known domain name, such as “gooogle.com” or “gooogl.com” rather than google.com. (Important: do not visit either “gooogle.com” or “gooogl.com”. They are dangerous).

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Understanding DNS and Cybersecurity

Understanding DNS and Cybersecurity

Domain names are a foundational service of the Internet, and are controlled by a protocol called Domain Name System, or DNS. While the details are complicated, DNS ultimately serves a straightforward purpose: it helps route traffic on the internet using human-friendly names. Everything connected to the internet, from smartphones and fitness trackers to enterprise-level email servers, has a unique identifying address called an IP address. Every activity on the internet, from checking email to web browsing to posting to Instagram is a means of connecting a request from one IP address to its destination IP address. 

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