Dark Web Trends

nline stores compromise customer credentials, ransomware cancels a holiday performance, and more than half of organizations acknowledge that they are not ready for a cyberattack. 

Dark Web ID Trends:

Top Source Hits: ID Theft Forums 
Top Compromise Type: Domain 
Top Industry: Education & Research
Top Employee Count: 101 - 250 Employees 

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Soc as a Service versus DIY SOC

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Netherlands Warns of Global Ransomware Attacks

As this week’s newsletter reveals, ransomware attacks are impacting businesses of every size in every sector. This malware, which restricts access to a company’s IT infrastructure, is often totally debilitating, resulting in opportunity and productivity costs that accompany the already high price associated with ransomware recovery. 

Now a report from the National Cyber Security Center in the Netherlands is shedding some light on just how expansive this malady really is. The report found that 1,800 companies around the world are currently impacted by ransomware, a staggering number that officials believe underrepresents the real sum, since many ransomware incidents go unreported. 

What’s more, the report found that cybercriminals often rely on a single network intruder to plant the malware. These credentials can cost as much as $20,000 on the Dark Web, but they are readily available, and businesses need to know if their information is available on underground marketplaces to protect their IT from infiltration. Ransomware attacks have proven to be a low-risk, high-reward endeavor for many cybercriminals, which means that these attacks are unlikely to abate any time soon. Instead, SMBs should turn their attention towards maintaining a robust defensive posture capable of ensuring that their company name isn’t added to the growing list of companies impacted by ransomware.
https://www.bleepingcomputer.com/news/security/dutch-govt-warns-of-3-ransomware-infecting-1-800-businesses/

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

Australian Companies have dangerous Data Sharing Practices

Third-party partnerships have become a normative, even necessary, component of doing business in 2019. Unfortunately, for many companies these potentially beneficial relationships are often a liability when it comes to data security. According to a recent study by Security in Depth, 84% of Australian companies had not completed a formal review of their data sharing practices with third-party partnerships, a staggering amount of negligence in today’s digital environment. 

For instance, nearly 60% of those surveyed acknowledged that they had experienced a third-party data breach in the past 12 months, a 3% increase from the previous year. These figures reveal a growing chasm between the known threat landscape and the steps that companies are willing to take to protect their valuable company and customer data. 

Indeed, today’s threat landscape is expansive, but companies can mitigate many of the most prescient threats by partnering with MSPs that can offer best practices for securing third-party vulnerabilities. As the cost of a data breach quickly escalates, business leaders have millions of reasons to focus on cybersecurity as a business priority.

https://www.cio.com.au/article/669005/data-sharing-practices-australia-appalling-report/

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

DarkWeb Trends

ransomware costs companies on multiple fronts, phishing scams have extensive data security consequences, and companies fail to adequately evaluate their third-party data sharing standards. 

Dark Web ID Trends:

Top Source Hits: ID Theft Forums 
Top Compromise Type: Domain 
Top Industry: Medical & Healthcare 
Top Employee Count: 1 - 10 Employees 

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

Merry Christmas!

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Does a data breach hurt your business?

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