Internet Scams Have Cost Australians Millions

In Other News:

Internet Scams Have Cost Australians Millions 

Just halfway through 2019, Australians have already lost more than $6 million to internet scams, marking a 33% year-over-year increase. 

The report by Scamwatch, an agency run by the Australian Competition and Consumer Commission, reveals that scams intending to attain people’s personal information are becoming more effective and more lucrative. 

Australians have lost $2.3 million more in 2019 compared to last year, and the number of reported scams remained relatively steady. What’s more, 4.1% of reported scams resulted in financial loss.

Although phishing scams received the most complaints – nearly 10,000 – they resulted in the lowest amount of loss among the various scam iterations, which reflects both the rapid rate of phishing scams and peoples’ ability to defend themselves against these attacks. 

At the same time, it’s evident that more training is required in order to effectively ward off these adaptive and continual threats. 

https://www.arnnet.com.au/article/663263/australians-lost-6-million-to-scams-in-2019/ 

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What are your credentials worth?

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

What We’re Listening to:

What We’re Listening to:

Know Tech Talks
Security NowDefensive Security Podcast Small Business, Big Marketing – Australia’s #1 Marketing Show!IT Provider Network – The Podcast for Growing IT Service
TubbTalk – The Podcast for IT Consultants
Risky Business
CHANNELe2e

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

July 16th Speaker Series - Re-Visiting the D-day Beaches

Download invitation

Webinar | What Cyber Criminals Do With Your Identity & How You Can Fight Back

https://preview.hs-sites.com/_hcms/preview/content/10770478188?portalId=4331745&_preview=true&cacheBust=1562172207260&preview_key=EpJoUlqh&from_buffer=false

What Cyber Criminals Do  with Your Credentials And How You Can Protect Yourself Wednesday, July 24 | 1:00 - 1:30 PM EST Save My Seat! So, by now you are totally terrified about the Dark Web, right? And, you're wondering how cyber thieves get your credentials in the first place, what they do with them, and what you can do to prevent a hack from happening in the first place. Don't panic. Join us for this webinar to quickly get up to speed on what makes you vulnerable to hackers. Hear about how to monitor your information and detect if it's stolen and ends up in the Dark Web, before it's too late.  In this webinar, you will learn: How your credentials are compromised What an attacker can do with these credentials Detecting stolen data before it's too late Tips to ensure your data doesn't end up in the wrong hands Attend this webinar to request a free  Dark Web report on your credentials! Save My Seat! Bit by Bit, 115 West 29th Street, 4th floor, New York, NY 10001

What % of hacks used compromised creds?

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com

Unpatched Vulnerabilities Are a Top Threat

Unpatched Vulnerabilities Are a Top Threat 

Today’s cybersecurity landscape is incredibly daunting, and IT administrators have a tough job on their hands. One of their most significant tasks, according to a recent study, is patching security vulnerabilities and getting their employees to update their software. 

Different organizations take unique approaches to this problem, including scanning for vulnerabilities, running simulations, and collaborating with MSPs to identify and solve for possible pain points, but the challenge is ubiquitous throughout all sectors and among companies of all sizes. 

Taken together, more than 1/4 of organizations endured a data breach because of an unpatched vulnerability, highlighting their need for technical support in this area. 

To put it simply, it’s challenging enough to account for the multifaceted cybersecurity challenges facing organizations every day; don’t let solved problems be the reason for failure. Get the support you need from trusted MSPs to ensure that your defensive posture is as strong as possible.

https://www.scmagazineuk.com/one-fourth-global-organisations-faced-breaches-unpatched-vulnerabilities/article/1586349

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com