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 »
Posts Tagged: security
Companies Looking For New Hires are Being Targeted by Phishing Scams Now More Than Ever
Researchers at Check Point have recently discovered that in May 2020, nearly 250 domains were registered with the word “employment” inside. They found that 7% of the domains were found to be malicious and 9% were suspected to be as well. They also found that these malicious files being a fake CV phishing scam has… Read more »
Elexon’s Cyber-Attack Leaves Businesses Wondering If They are Safe
A UK power grid company has been rumored to have suffered a ransomware attack, although electricity supply for their customers did not seem to have been affected. Elexon administrates a crucial part of the power supply chain, known as the Balancing and Settlement Code (BSC), which includes the country’s suppliers, generators, distributors, traders, and energy… 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 scams… Read more »
Optfinity’s CEO, Michael Drobnis, Selected for Goldman Sachs Small Business Program
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 the… Read more »
Things to Consider when Teleworking
With the recent declaration by WHO (World Health Organization) we are now dealing with a pandemic, and it is important to consider the following items when preparing for teleworking: • Making sure the employee has the proper direct communication tools (cell phone, work phone or app to access the phone system) • Making sure the… Read more »
This Advanced Android Malware is Stealing Google Authenticator Codes
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 various online accounts. The Android malware,… Read more »
This New Ransomware is Asking for Nude Photos Instead of Money
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 »
Microsoft Data Breach Exposes 250 Million Costumer Service Records
In case you missed it, Microsoft released an important security patch as a result of a massive security breach found in Windows 10 Microsoft has admitted that between December 5th – 31st 2019, a security vulnerability inside of internal customer support database was left entirely exposed for anyone to access without requiring a password. According… Read more »