Following the recent viral story of the woman who lost $50,000 to a phone scam, the discourse surrounding scam prevention has been renewed. Unfortunately, stories like these are becoming increasingly common and are not only detrimental to individuals – but can be to businesses as well. Below are five of the most common scam calls… Read more »
Posts Tagged: hacker
Are Longer Passwords Safer Against Cyber Attacks?
A 16-character password may be just as susceptible to a hacking attempt as a short password, according to a recent Specops Software report. Using easily guessable, duplicate, and simple passwords may make it easier for you to remember, but it also makes it easier for hackers to hijack your accounts. With a booming market for… Read more »
Microsoft’s Response to Midnight Blizzard Data Breach
Immediate Response and Detection On Friday Microsoft released an official statement on its actions following a cyber breach by Nation State Actor Midnight Blizzard against its corporate systems. This breach raises concerns about the ongoing threat from nation-state actors and highlights potential shortcomings in Microsoft’s cyber practices. Common issues such as poor password management and… Read more »
Can Hackers Still Bypass 2FA?
Despite having 2FA enabled, Mandiant, a Google-owned company, was recently the victim of a cyber-attack against their Twitter account with over 100,000 followers. To appear more legitimate, the hackers renamed the account “Phantom” and updated the bio to pose as the Phantom Cryptocurrency wallet. The hackers then used the account to promote links to a… Read more »
Ransomware: Why You Shouldn’t Pay to Get Data Back
Ransomware attacks have been on the rise for years. The software necessary for these attacks are more sophisticated, anonymous currencies like Bitcoin are more prevalent, and companies are collecting more data, creating a perfect storm for bad actors looking to make money off of security lapses. These scams take several forms. The group could lock… Read more »
Twitter Hack Exposes High-Profile Accounts: What You Need to Know
Twitter has finally disclosed details about the major cybersecurity breach that occurred in July 2020, where high-profile accounts were compromised and used to promote cryptocurrency scams. Who Was Affected? The attack targeted some of the most well-known figures in the world, including: Amazon CEO Jeff Bezos Tesla CEO Elon Musk Microsoft Co-Founder Bill Gates Former… Read more »
OptfinITy Ranked Among World’s Most Elite 501
OptfinITy Ranked Among World’s Most Elite 501 Managed Service Providers Annual MSP 501 Identifies Best-in-Class Global MSP Businesses & Leading Trends in Managed Services JULY 28, 2020: OptfinITy has been named as one of the world’s premier managed service providers on the prestigious 2020 annual Channel Futures MSP 501 rankings. For the 13th year running,… Read more »
Chinese Malware Found Inside Required Business Software
Three weeks ago, security researchers detected and exposed a piece of malware lurking inside of tax software that the Chinese government requires companies to install. The evidence gathered reveals that the spy campaign showed that a separate piece of malware released equally sophisticated ways to infect the taxpayers in China. GoldenHelper, which is the name… Read more »
How One Security Flaw Can Cost Your Business 150,000 Dollars
A small Kentucky business recently found themselves to be victims of a ransomware attack, resulting in their having to pay $150,000 to regain control of their data. The company, which is only made up of 8 computers, simultaneously received messages on their screens saying that the hacker group had control of their PCs and they… Read more »
Does Zoom’s New Announcement Matter for Your Business?
Zoom announced this past week that those who use the video platform for free will no longer have encrypted calls and that this new change will be happening soon. According to the company, the reason for the change is the company is wanting to comply and work with local law enforcement in case Zoom is… Read more »
