Cybercrime such as ransomware attacks, viruses, scams, theft, email phishing, impersonation, and hacking is increasingly common. The general lack of care and attention towards cyber-security in the online community is owed to several pre-existing myths about online safety. Here are 5 such misconceptions about cyber-security. 1. Antivirus and Cyber-Security Software is Good … [Read more...] about Common Cybersecurity Myths Busted
Cyber security threats
Social Media – The Fastest Growing Threat Surface
We cannot escape our increasing reliance on social media in our personal and professional lives. But it is crucial to know that the accessibility of social media platforms has made it one of the fastest-growing attack surfaces, with consumers losing $770 million to fraud already. While social media is fun, it may unknowingly expose themselves and their workplace to online fraud, phishing, … [Read more...] about Social Media – The Fastest Growing Threat Surface
The Hybrid Working Model and Data Security
A hybrid working mode has made the traditional desk-pinned office settings more dynamic. It allows companies to manage their workforce effectively, all the while giving flexibility to employees. From one perspective, this leads to increased productivity and decreased living costs and commuting for employees. However, hybrid work also elevates data security concerns now that the employees … [Read more...] about The Hybrid Working Model and Data Security
Domain Impersonation Witnesses a Sharp Rise
The average business sees almost 90 domains impersonating their business per month – that’s approximately 1100 domains per year on average. These fraudulent domains are set up by cybercriminals and sometimes even by threat actors sponsored by states to carry out such activities. A report by a digital risk protection company called Digital Shadows showed that the industry that is most at … [Read more...] about Domain Impersonation Witnesses a Sharp Rise
4 reasons your company needs cyber insurance
Between 2014 and 2020, the average data breach cost increased by 10%. What makes data breach damaging is not the act itself but expenses like regulatory fines, legal costs, and hiring security to alleviate data breach damage. To keep financial losses under control, a risk management strategy is necessary. And what makes a critical part of your risk strategy is cyber insurance. Read on to … [Read more...] about 4 reasons your company needs cyber insurance
