Hackers for Hire are Here to Steal Corporate Secrets

 

As the rise of “as a service” cybercrime continues, some hackers aren’t just involved in ransomware and PII theft. They’re focused on specialized spying, like stealing trade secrets – and keeping them out of your business is easier than you think.  

Corporate espionage is a growing industry in a world where information can be currency. From state-backed actors trying to filch technology to data thieves who want the results of COVID-19 testing, thriving cottage industries have grown up around specialized corporate cybercrime.

These bad actors aren’t just focusing on global corporations or well-known institutions anymore – companies of every size are at risk of attack. But you can quickly and efficiently add safeguards to your systems and data to reduce your risk of corporate espionage, and it’s not even expensive.

Add a secure identity and access management solution like Passly to add safeguards against hackers that make it harder for them to break in with a stolen or cracked password. It’s also smart to add automatic phishing protection with Graphus to put strong protection between your business and cybercrime like phishing and ransomware.

By beefing up security with these solutions and staying alert for credential compromise with Dark Web ID, you can ensure that you’re ready for potential corporate hacking attempts to keep your proprietary data safe.

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

FBI Warns Against Increased Danger From Netwalker Ransomware

Ransomware attacks are the monster in the closet that keeps IT teams up at night – and they’re only getting worse. Recently, the US Federal Bureau of Investigation released a new Flash Alert warning about the danger of Netwalker ransomware to businesses and infrastructure, as attacks with this tool ramp up against US-based targets. 

Companies of all sizes are at risk for ransomware attacks of this nature, especially in the healthcare, infrastructure, defense, or technology sectors. Netwalker ransomware has also been used to disrupt production lines, as unfortunately happened to a manufacturer of respirators urgently needed in the fight against COVID-19. 

To add to your defenses quickly, upgrade the protection on the access points to your data and systems by adding a secure identity and access management solution. Passly is an affordable and effective tool that combines multifactor authentication and single sign-on to create a more secure gateway to the heart of your business. 

Adding a dynamic tool like Passly strengthens your defense against cybercrime like ransomware and password hacking fast. Passly deploys in days, not weeks – because in today’s fast-evolving threat atmosphere, no business has time to wait and see what cybercriminals are up to next.

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

STOP RANSOMWARE ATTACKS FROM LANDING

Encourage customers to boost their phishing resistance training immediately. One of the most devastating tools that cybercriminals including nation state actors are using these days is ransomware – and the number one way that ransomware is delivered is through a phishing email.  About 50% of businesses were affected by ransomware last year – but 50% of IT professionals don’t believe that their organization is ready to defend against a ransomware attack. 

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

SECURE GATEWAYS TO DATA

Immediately recommend that every customer add a secure identity and access management solution like Passly. The bane of every IT team,  insecure or stolen passwords are a constant menace. Multifactor Authentication provides a crucial extra security check between bad actors and a company’s data and systems, and Single sign-on lets administrators quickly and efficiently turn on and off access to applications. Secure Central Password Storage Vaults also keep administrator credentials protected yet accessible by the right people when needed. Improving password security is vital to guarding against cyberattacks like these.

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

KNOW YOUR HACKERS

By far, the most dangerous cybercrime environment right now is in medical research and development, as companies around the globe race to develop treatments and an eventual vaccine for COVID-19. Recent attempts to steal vaccine research from Moderna can be traced to known Chinese hacking groups. Additional attacks against pharmaceutical companies and researchers can be traced to Russian hacking groups, according to the U.S. National Security Agency. 

Your customers are reading about these attacks in major publications and seeing growing concern from governments around the world in the media. That’s why you should develop a plan now to offer them options to increase their data protection – and using that plan to start conversations about increased security with other clients who you think might be at risk. Here are 2 crucial tools that should be on that plan.

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

Nation State Actors Threaten Companies Worldwide

Cybersecurity threats and attacks involving nation state actors have been all over the news. From a pattern of suspected state-sponsored cyberattacks in Australia to suspected cyberthreats targeting critical infrastructure in the United States, high-level hacking has become a worldwide concern. 

While this may not seem like a problem that could affect MSPs and small to medium-sized businesses, it is. These hackers aren’t just going for the biggest kid on the block. Smarter, more sophisticated hackers are starting from the ground up in a concerted effort to capture credentials and access to providers of essential business services in their webs.

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

Growing Dark Web Data Dumps Are Fueling New Cybercrime

Dark Web data dumps have always been a source of fodder for cybercriminals. However, a dramatic increase in the quantity and quality of data that is available inexpensively or for free on the Dark Web is a key contributor to an explosion of cybercrime in 2020 (like ransomware or credential stuffing attacks) that can devastate your business.  

It’s estimated that 65% of the data on the Dark Web now can damage businesses, and more is being added every day through the release of information obtained in previous cyberattacks and the addition of information that’s been gathered about companies and populations.

One of the most common ways that new information fuels cyberattacks is through a data dump. Dark Web data dumps are huge quantities of information added to the pool that cybercriminals can draw from to power cyberattacks like ransomware, credential stuffing, and phishing. Everything from reams of email addresses to sensitive employee and security information to driver’s license records from around the world is making its way into the slurry of Dark Web data dumps.

That’s why it pays to have constant, reliable Dark Web monitoring and analysis through a solution like Dark Web ID to watch for your company’s protected employee credentials to hit the Dark Web. You can also add additional protections for privileged administrator and executive credentials. 

Dark Web ID uses human and machine intelligence to keep an eye on every shady corner of the Dark Web 24/7/365. If your protected passwords or credentials are spotted entering a Dark Web marketplace, you’re alerted to the potential danger quickly, giving you time to take action against attacks.

With the constant stream of information flowing into Dark Web data markets growing every day, it makes sense to make sure that you’re watching for trouble so that you can stop cyberattacks before they start.

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