A report released shows an extreme increase of ransomware attacks over the course of 2020. Ransomware attacks have been on the rise and getting more dangerous in recent years, with cyber criminals aiming to encrypt as much corporate networks as possible to extort bitcoin ransom from companies before returning their data. A single attack itself can result… Read more »
Posts Tagged: Microsoft
New Study Reveals 15 Billion Stolen Credentials Circulating The Dark Web
A new study has revealed that there are potentially more than 15 billion stolen account credentials circulating on criminal forums within the dark web according to researchers at the cyber security firm, Digital Shadows. As one would imagine, the most expensive credentials for sale on the dark web were those for accounts with bank and financial… Read more »
FBI Warns Companies Still Using Windows 7 After End of Life
The Federal Bureau of Investigation sent a private industry notification on Monday to partners in the US private sector about the dangers of continuing to use Windows 7 after the operating system reached its official end-of-life earlier this year. The notification mentions that cyber criminals are now targeting computer networks after an operating system achieves… 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 »
Malware in China Found inside Software that Businesses are Required to Install
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… Read more »
Microsoft Sacks Dozens of Employees to Be Replaced By Artificial Intelligence
Almost 30 journalists have been laid off this week after Microsoft announced that it will soon be implementing A.I. Software (aka Artificial intelligence) to replace journalists. Microsoft believes it will no longer need to employ people for editing, research, and choosing articles for their pages as the data collected by AI software has been able… 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 »
Your Face Mask Selfie Might Have Been Collected for The Future of Facial recognition Technology
It turns out the selfies you are taking with your facemask on are not just being seen by your family and friends, but researchers are collecting them as well to improve their facial recognition algorithms. A recent report shows that thousands of face-masked selfies are currently present in public data sets filled with photos taken… Read more »
Americans Have So Far Lost US$13 Million From Coronavirus Scams
As scams related to COVID-19 begin to rise, more and more businesses are finding themselves amidst a phishing scam. The United States Federal Trade Commission has reported that more than 17,000 complaints from US consumers have disclosed a total loss of US$13 million from COVID-19 scams, this is not to mention the many other… Read more »
Cyber-attacks Against Hospitals During Covid19 May Lead To Deaths
The International Criminal Police Organization has announced that it has detected an increase in cyber-attacks against hospitals around the world that are connected to the COVID-19 response. Attacks that could “directly lead to deaths.” As hospitals battle and save the lives of COVID-19 patients while also attempting to keep staff safe, it has been confirmed that… Read more »