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What Are The Dangers of Business Email Compromise?

What’s the most expensive cyberattack that businesses face today? If you said business email compromise (BEC) you’re right. The FBI IC3 2021 Internet Crime Report showed that BEC packed a powerful punch against U.S. businesses that year. BEC complainants to IC3 suffered $2,395,953,296 in losses in 2021, 28% higher than 2020’s record total of $1,866,642,107. These 10 facts about business …

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New Wave of Supply Chain Cyber Attacks Expected

Throughout April, Shanghai and other major cities in China have been on lockdown due to recent COVID-19 outbreaks. Along with the ongoing war in Ukraine, these lockdowns have drastically impacted supply chains for industries around the world. We expect to see another wave of supply chain-related phishing and social engineering attacks. Cybercriminals could use this news to spoof shipping delay …

QR Code Cybercrime

Scanning A QR Code Could Lead To A Cyberscam

When you think of cybercrime, you probably focus on threats that invade your space while you’re actively online. But QR codes—and the smartphones that scan them—make it easy for bad guys to invade your privacy from objects in your offline, real-life world. Posters, flyers, and stickers with QR codes are all potential vectors for a cyberattack. Scanning one with your …

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Cybercriminals Exploiting The Ukraine Crisis

We’ve identified two new cyber scams to be mindful of. As you know, many nonprofit organizations are actively raising money for the citizens of Ukraine. Taking advantage of people’s fundamental generosity, online con men have emailed millions of requests to assist Ukrainian refugees, orphans, and the wounded victims of Putin’s attack. Unfortunately, such donations help only cybercriminals. Don’t respond to …

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New Wave of Cyber Attacks Likely

According to the U.S. government, Russia is poised to unleash a massive wave of malware in retaliation for sanctions imposed after an invasion of Ukraine. The Cybersecurity & Infrastructure Security Agency warns that, unlike targeted cyber operations, malware attacks spread ubiquitously. That means a small business is far more likely to fall victim to malware than government or financial institutions …

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10 Facts About the Benefits of Security Awareness Training

Are you looking for an affordable, effective way to protect your company from cyberattacks and prevent a data breach? In today’s volatile cyberattack landscape, every business in every industry is at risk of a cyberattack. That means that every business needs to make sure that it’s taking a strong defensive posture with the right solutions in place to reduce risk. …

Avoid ransomware

Want To Avoid Ransomware? We Can Help.

Ransomware isn’t going anywhere. Here’s why. In 1992, at the height of the Colombian drug cartels, a kilo of cocaine brought in $60,000. The average ransomware attack reaps $140,000. Consider the operating costs of a cartel. Someone must pay to grow or purchase the coca leaves, convert those leaves into paste, refine that paste into powder, smuggle that powder into …

Wire Fraud Defense

Defending Against Wire Fraud

CEO Fraud. Business Email Compromise. Spear phishing. Wire Fraud. Pretexting. This cyberattack goes by a variety of names and may utilize a wide range of tactics, but they all come down to one thing: a malicious outsider pretends to be a legitimate boss in order to trick an unsuspecting employee into doing something they shouldn’t. Last year the scam cost …