How One Security Flaw Can Cost Your Business 150,000 Dollars

Posted by - June 18, 2020

Photo Credit: TechSpot 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… Read more »

Google and Apple Officially Launch Their Covid-19 Tracking App

Posted by - May 29, 2020

AP Photo/Kiichiro Sato, File Google and Apple have announced that the coronavirus tracking tools they were developing have officially launched. They have also announced that 22 countries, including the US, have requested to receive access to its exposure collaboration. The coronavirus has already infected more than 5 million people globallyand governments are desperate to enquire… Read more »

Americans Have So Far Lost US$13 Million From Coronavirus Scams

Posted by - May 01, 2020

Photography credit: Seksan Monghonkhamsao VIA CNBC   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… Read more »

Zoom App Under Fire For Privacy Concerns

Posted by - April 06, 2020

LIGHTROCKET VIA GETTY IMAGES As massive amounts of people begin working from home during the COVID-19 crises, Zoom videoconference, along with many other video-conferencing applications, has been booming. What people may not be aware of, however, is that  Zoom users might need to be concerned about the app’s privacy and security.  Some of the concerns… Read more »

Optfinity’s CEO, Michael Drobnis, Selected for Goldman Sachs Small Business Program

Posted by - March 24, 2020

  OptfinITy is proud to announce that our CEO, Michael Drobnis, has been selected to participate in the Goldman Sachs 10,000 Small Businesses (10KSB) Program. The program offers continuing business education through Babson College, a network of executive mentors, and access to capital through “mission-driven small business lenders.” “I am a lifelong learner and understand… Read more »

This Advanced Android Malware is Stealing Google Authenticator Codes

Posted by - March 09, 2020

Picture Credit – Getty Images   Security researchers are now warning Android phone users about a malware strain that can withdraw and obtain one-time passcodes by extracting it from the Google Authenticator app. The Google Authenticator app is a two-factor authentication security layer that creates a 6 to 8 digits long code to enter on… Read more »

This New Ransomware is Asking for Nude Photos Instead of Money

Posted by - February 24, 2020

Last year businesses worldwide lost billions of dollars due to ransomware. This year, however, some ransomware criminals are looking to collect something other than money. Researchers at Emisoft have discovered a ransomware that demands payment of a different kind – nude photographs. The creator of the ransomware distorts the typical sextortion scam which is to… Read more »