Blockchain technology is most commonly associated with cryptocurrencies, but it has many potential applications for cybersecurity. Blockchain is a decentralized ledger that records transactions securely and transparently. This makes it ideal for storing sensitive data such as financial records or personally identifiable information. However, the use of blockchain also poses new cybersecurity risks. For example,… Read more »
Posts Tagged: technology
Android iMessage App Shut Down Over Privacy Concerns
Nothing Chats Promised iMessage for Android—But Delivered Major Security Flaws The much-hyped Nothing Chats app, built on Sunbird, promised to bridge the messaging gap between Android and iPhone. Marketed as a game-changer, it let Nothing Phone (2) users send and receive iMessages—fixing pixelated images, broken group chats, and media delivery issues. How It Worked—and Why… Read more »
15 Billion Stolen Credentials Circulating on the Dark Web—Is Your Business at Risk?
A new cybersecurity study has uncovered a staggering 15 billion stolen account credentials actively circulating on dark web forums, according to researchers at the cybersecurity firm Digital Shadows. Dark Web Marketplaces Fueling Cybercrime Among these compromised accounts, the most valuable credentials belong to banking and financial services accounts. On average, these stolen login details are… Read more »
How Cybercriminals are Using the Dark Web to Scam People From US Employee Benefits
Cybercriminals have been capitalizing on every virtual aspect of the coronavirus pandemic. Malware has been created to tap into the medical, financial, social, and even psychological repercussions of the outbreak. In a blog post entitled Pandemic Unemployment Scams Made Easy, IntSigns notes that the dramatic rise in unemployment numbers has placed major stress on the… 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 »
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 »
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 »
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 »
