Huge Increase in Ransomware Attacks as Criminals Focus on Targeting Businesses

Posted by - September 15, 2020

A report released shows an extreme increase of ransomware attacks over the course of 2020. Ransomware attacks have been on the rise and getting more dangerous in recent years, with cyber criminals aiming to encrypt as much corporate networks as possible to extort bitcoin ransom from companies before returning their data. A single attack itself can result… Read more »

New Study Reveals 15 Billion Stolen Credentials Circulating The Dark Web

Posted by - August 25, 2020

A new study has revealed that there are potentially more than 15 billion stolen account credentials circulating on criminal forums within the dark web according to researchers at the cyber security firm, Digital Shadows. As one would imagine, the most expensive credentials for sale on the dark web were those for accounts with bank and financial… Read more »

How Cybercriminals are Using the Dark Web to Scam People From US Employee Benefits

Posted by - August 24, 2020

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 »

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 »

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… 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 »