Are you the bad apple?

Dark Web 101: Small Business Edition

Dark Web 101: Small Business Edition

In the past, being a small business was enough to divert hackers from targeting your company. However, cyber criminals have discovered ways to generate profit from compromised data, many times through the Dark Web. Many small business owners are beginning to ramp up their cybersecurity efforts, but the Dark Web remains an elusive concept for most. 

In some ways, the Dark Web is exactly what it sounds like: an anonymous network of websites and forums where stolen information is put up for sale. How do organizations protect themselves and their customers from ending up on the Dark Web? By employing advanced monitoring tools through security providers and creating security training programs to foster a culture of cybersecurity education and awareness.

https://www.techrepublic.com/article/how-to-protect-your-small-business-from-the-dark-web/

Why human behavior is at the heart of cybersecurity risk

Why human behavior is at the heart of cybersecurity risk

As the delineation between personal and business continues to blur with trends like bring your own device (BYOD), IOT and work from home, cybersecurity risk increases exponentially. Pair this with the societal lack of cybersecurity knowledge and it creates the perfect storm for hackers to exploit. Cybercriminals follow the path of least resistance, and many times this takes the form of exploiting human vulnerabilities.

Most security and compliance tools on the market are focused on safeguarding endpoints and patching vulnerabilities, but what about the risks that are amplified by human behavior? To stop the cyberattacks of the future, businesses must task themselves with developing a people-centric strategy for cybersecurity.

Enter BullPhish ID. Designed to protect against human error, this product simulates phishing attacks and manages security awareness training campaigns to educate employees, making them the best defense against cybercrime. Learn more about it here: https://www.idagent.com/bullphish-id 

https://www.helpnetsecurity.com/2019/03/04/human-behavior-cybersecurity-risk/ 

UK consumers most likely to jump ship on breached businesses

UK consumers most likely to jump ship on breached businesses

According to a recent study from PCI Pal, 41% of British consumers said that they would stop spending with a business or brand forever in the event of a breach. This compares to just 21% in the US.

The divergence in attitudes continues in their views of small businesses vs national companies. Over half of UK respondents felt that they could trust a local store with their data more than a national chain. On the other hand, only 47% in the US felt that they could trust a local business more than a national company, citing adherence to security protocols (28%) and cybersecurity investments (25%) as main reasons.

Public perceptions carry significant influence on the business landscape, and companies must build a reputation for security in order to win their customers’ hearts. As the world becomes increasingly cyber vigilant, consumers will start to think twice before placing their data in the wrong hands.

https://www.scmagazine.com/home/security-news/data-breach/uk-consumers-more-likely-to-abandon-a-breached-company/

In Other News:

In Other News:

How American companies can benefit from a global perspective

There’s a reason why we cover breaches from countries around the globe. Over the last few years, cybercrime has exploded into an international phenomenon, leaving no continent unturned. By examining how the cybersecurity measures of other countries, the US can borrow pages from their playbooks and predict the future. Here are a few thought starters inspired by China, India, Brazil, and the UK:

1. Improve authentication

Internal control measures are becoming a topic of discussion, given the climate of employee-related data scandals in recent years. By building in reporting systems that have fail-safes and multi-factor authentication, companies can stop fraud in its tracks.

2. ID proofing

Establishing added trust in a credential such as a mobile ID can go a long way in protecting consumers from identity theft. By authenticating devices and users and understanding common fraud patterns, companies can take their security to the next level.

3. Validation certificates

Image-based phishing is growing increasingly sophisticated and effective against consumers, and it’s up to businesses to help them navigate safely. By implementing secure browser certificates, users can feel reassured that they are logging into a trusted source while distinguishing your brand from the fraudsters.

https://www.techzone360.com/topics/techzone/articles/2019/02/26/441382-why-american-companies-need-global-perspective-fraud.htm

Darkweb Trends

This week, a Dutch academic publisher is exposed, US sleep companies snooze on payment fraud, UK police face ransomware attack and Uber might be spying on us (again)…

Dark Web ID Trends:Top Source Hits: ID Theft Forums (99%) 
Top Compromise Type: Domain (99%)
Top Industry: Construction & Engineering
Top Employee Count: 11 - 50 Employees 

March Newsletter: Bit by Bit Earns Top-Tier Award for Exceptional IT Managed Services

No Images? Click here Bit by Bit Earns Top-Tier Award for Exceptional IT Managed Services​ As one of New York's leading IT Managed Services Providers, Bit by Bit is proud to announce that we have been named to the CRN 2019 Managed Services Provider (MSP) list in the MSP Pioneer 250 category. Read more Tech Trends to Watch in 2019​ AI, cloud computing, and blockchain are all expecting to undergo significant advances in 2019, but we believe the tech trends to keep an eye on are even more specific. Read more The Costs of Network Security vs. the Alternatives: A Cheatsheet for Business Owners​ You've been running a successful business for a while now, and you know that risk is unavoidable. Taking risks and figuring out how to minimize the impact is the sweet spot of decision-making. Optimizing risk mitigation ... Read more Questions? Get in touch with us today!     CONTACT US   SUPPORT CENTER www.bitxbit.com ©2019 Bit by Bit. All Rights Reserved.   Like    Tweet    Share    Forward