Phishing email from survey

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863

Verizon’s 2020 Data Breach Investigations Report Narrows Down the Threat Landscape

     

Cybersecurity is a known threat that can be hard for non-tech folks to understand and can be seen as too broad to truly prioritize. Giving solid, actionable information about the nature and frequency of today’s threats is helpful when illustrating why cybersecurity matters. Verizon’s 2020 Data Breach Investigations Report shows that threats continue to grow and lays out a few facts that make it easier to quantify the importance of strong security, especially when supporting a remote workforce. 

More than two-thirds of all data breaches are attributable to just three factors: credential theft, social engineering attacks like phishing scams, and human error.  

Insider threats are a constant problem in the breach landscape, and that hasn’t changed.  While we usually think of threats as coming from outside an organization, malicious insider threats are incredibly devastating and need to be a major concern. 

The listed attack methodologies comprise the most likely vulnerabilities, allowing businesses to respond with more pinpoint precision. Cybersecurity tools are becoming more effective at blocking common malware strains, with human error overtaking malware this time. Some of it still gets through,  though especially as part of a phishing attack. 

Watch 10-minute demo videos of how ID Agent’s solutions like BullPhish ID and Dark Web ID can help you secure your data and your remote workforce quickly without breaking the bank! 

The threat of phishing attacks has never been higher, making updated training and testing essential. Although technology has become more successful at filtering phishing scams, many continue to make their way to employees’ inboxes, which is why the report called for businesses to implement security awareness training programs to combat these attacks.  BullPhish ID contains phishing training materials in 8 languages including COVID-19 phishing kits.

While today’s threat landscape is ominous and expansive, Verizon’s latest report makes it clear that businesses can make significant improvements to their defensive posture by prioritizing the most prescient risks in a comprehensive digital risk protection strategy.  

https://www.itworldcanada.com/article/three-factors-involved-in-the-bulk-of-data-breaches-verizon/430915

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863

In Other News

Go Inside the Cybersecurity Landscape When You Read Inside the Ink   

Get expert news and analysis of the current breach landscape as you learn how to mitigate the risks you face today and prepare for the threats of tomorrow in our blog Inside the Ink. 

Catch up on what you need to know now: 

• Cybersecurity News and Analysis: The Ink This Week 
• Phishing is the Same in Any Language, so BullPhish ID is Available in 8 
• 3 Webinars to Grow Your MSP Business 
• Are Your Staff’s Passwords for Sale on the Dark Web? Fix That Now. 
• Smart Cybercriminals Sell Research Data on the Dark Web 

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863

COVID-19 Leads to Record-Breaking Cybercriminal Activity

    

As the world grapples with the far-reaching implications of the COVID-19 pandemic, cybercriminals are capitalizing on the chaos to unleash an unprecedented number of attacks against businesses and individuals. Bad actors have unleashed an onslaught of phishing scams, 30% of which are directly related to COVID-19.  

These malicious messages are joined by 854,411 phishing or counterfeit websites, four million suspicious websites, and an unprecedented surge in corporate cyberespionage, especially in healthcare. In addition, cybercriminals are hawking unproven cures, fraudulent charities, and other troubling trends. For instance, researchers found 1,092 websites pushing hydroxychloroquine as a cure for COVID-19.   

Experts note that cybercriminals are relying on peoples’ desire for insight in an unstable information landscape, concerns about economic instability, and generalized anxiety as prominent factors that make these scams so effective. In response, every organization needs to prepare its employees for this new reality, making employee awareness training an essential defensive strategy in today’s rapidly changing digital ecosystem.    

https://www.yahoo.com/gma/pandemic-spawned-record-breaking-cybercriminal-activity-report-110201402–abc-news-topstories.html?&web_view=true

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863

2/3 of Consumers Reuse Their Passwords on Multiple Platforms

     

Despite years of advocacy for strong, unique passwords for each digital service, most people continue to reuse their credentials across various online platforms, a risk that is warned against in our password security information package. 

It looks to be more attributable to a desire for convenience than ignorance – a recent consumer survey found that 91% of consumers recognize the risk of reusing their passwords across multiple platforms, but 66% continue to use the same passwords anyway. 

People are still making weak and easily guessed passwords in popular categories too. At the same time, 53% have not changed their passwords in the past year, leaving multiple platforms vulnerable to the treasure trove of login credentials available on the Dark Web.

Users who reuse passwords are primarily concerned with the hassle of a reset – 60% are worried about forgetting their login credentials, and 52% want more control over their passwords. Today’s businesses need to understand that this trend impacts their employees and their customers, putting their critical IT at risk along the way. 

Using tools and services that support good password hygiene, offering things like single sign-on, two-factor authentication, and other password-oriented enhancements, and enforcing stricter password reuse and sharing policies can help mitigate the risk of password compromise through password reuse and weakness.

https://securityboulevard.com/2020/05/66-percent-of-consumers-recycle-their-account-passwords-do-you/    

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863

Catch up on what you need to know now:

• Is Your Biggest Threat Already Inside Your Building? Our Top Tips for Combating Insider Threats 
• 5 Fail-safe Tips for Choosing the Right AIM Platform 
• Is Your Staff Moonlighting on The Dark Web?  
• Hackers Go Phishing at Gilead With New Bait 
• Ransomware is on the Rise: How to Bolster Your Defenses
• Smart Cybercriminals Sell Research Data on the Dark Web 

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863

O365 Scam - Beware and dont click.. if concerned call your IT provider or department.

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5863