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: technology
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 »
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 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 »
FBI Warns Over Ransomware Attacks
The FBI recently issued a warning to the private industry providing information and guidance on the LockerGoga and MegaCortex Ransomware. LockerGoga and MegaCortex are ransomware infections that target the company by compromising the network and encrypting all devices. When the network is compromised, the perpetrator be residents of the network for months before they release… Read more »
Have you been caught watching porn?
If you haven’t received an email yet that accuses you of watching porn, it may be arriving soon. A familiar scheme with updated context has been making the rounds lately. The scam involves data from a previous breach which had emails and associated passwords. Assuming the end-user uses passwords across multiple sites, the perpetrator contacts… Read more »
ASAE Exhibition And Party Pack Prize Winner
It’s December and that means OptfinITy once again exhibited and attended the ASAE technology conference. More than 1,000 industry professionals, associations and non-profit organizations come together to examine how technology impacts the association industry on December 3rd and 4th at the DC Convention Center. As one of the leading providers of technology and cybersecurity solutions… Read more »