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

Posted by - June 18, 2020

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 »

Elexon’s Cyber-Attack Leaves Businesses Wondering If They are Safe

Posted by - May 28, 2020

  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 »

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

Posted by - May 01, 2020

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

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 the… Read more »

Things to Consider when Teleworking

Posted by - March 13, 2020

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

Posted by - March 09, 2020

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

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 »

Microsoft Data Breach Exposes 250 Million Costumer Service Records

Posted by - February 11, 2020

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 »