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 »

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 »

FBI Warns Companies Still Using Windows 7 After End of Life

Posted by - August 11, 2020

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 »

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… Read more »