By: Hiscox –
Google has reported that 18 million phishing emails related to COVID-19 were identified daily during just one week in April. Many of these emails look like they come from government agencies, such as the World Health Organization, and play on the fear many people are feeling during the pandemic. Although Google says that they have AI protections in place that block roughly 99.9% of these malicious emails, they have also partnered with WHO to implement a Domain-based Message Authentication, Reporting, and Conformance (DMARC) system to make it even harder for these types of messages to get through to Google’s users.
So what does this mean for small business owners? (more…)
By Troy Richardson, South-West Texas Border SBDC Network –
Coronavirus disease 19 (COVID-19) is a respiratory illness that can spread from person to person. COVID-19 originated in China and has been declared a global pandemic by the World Health Organization. As countries, states, and communities take preventive measures to reduce the spread of COVID-19, more businesses are allowing their employees to work remotely. It’s important to understand how this situation may affect your cyber security hygiene.
• As with most significant global events, cyber criminals will leverage the event against potential targets to advance or achieve a malicious goal. This is most often carried out through phishing attacks. The cyber criminals send emails claiming to be from organizations that a recipient might expect to hear from, considering the current event. For example, with the COVID-19 disease, the emails may appear to come from a government health organization such as the CDC or other health care authorities. Users should be aware of this tactic and utilize good cyber security hygiene to include: (more…)
By John Sileo –
On August 12, 2003, as I was just sitting down to a tea party with my daughters and their stuffed animals, the doorbell rang. Standing there when I opened the door was a big, burly special agent from the economic crimes unit at the district attorney’s office—ready to issue a subpoena for my arrest. In a calm but ominous voice, he told me I was going to be charged for electronically embezzling (hacking) $298,000 from customers of my small software company, and that the DA’s office had enough digital DNA to put me in jail for a decade.
I was the victim of cyber crime, and I should have known better. You see, earlier that year my identity was stolen and sold to a woman in Florida. This woman purchased a home, committed a number of crimes, drained my bank accounts and filed for bankruptcy—all in my name. I learned all of this one day at the bank, right before I was escorted out by security guards.
The experience of losing my money, time and dignity motivated me to protect my personal information assets with a vengeance. Unfortunately, I didn’t apply my newfound cyber vigilance to my professional life, which is how I ended up standing on my front step holding a tiny teacup and shaking like a leaf. (more…)
With a whopping 30.2 million small businesses in the U.S, it’s no surprise they make up 99.9% of all United States businesses. Owning and running a business comes with a lot of added responsibility, one being the safety of employees — cyber safety included. With so many cyber threats running in the background of devices and the Internet, how can you keep your small business safe? Here are some steps to start the process.
Protect all devices
As companies hire, grow and expand, the use of devices is essential. Company devices should be properly protected before being actively used by employees. Plan to update all devices accordingly, to keep all systems working properly and efficiently use. Never forget to download antivirus software to help block any threats that can infiltrate your business. Viruses aren’t the only criminal making its way to your devices. Some other threats include: malware, ransomware, adware, pharming, phishing, and many more.
According to Candid Wueest, Principal Threat Researcher, Security Technology & Response team (STAR), Symantec Corporation, the warning signs of viruses are next to none: “Unless it is a ransomware threat that encrypts all your files, there are often no apparent clues that a computer is infected with malware. Some indications might be a 100% workload of the CPU or strange pop-up messages, but in most cases the user will only notice the consequences when people complain about strange emails, unusual logins or fraudulent transactions on payment cards.” (more…)
By Linsey Knerl –
Most consumers today have been a victim of theft. While not everyone has had the harrowing experience of a home burglary or stolen car, a compromised email password or Social Security number has affected almost everyone. The FCC reports the theft of digital information has surpassed that of physical theft in the U.S. to become the most rampant type of fraud today.
As a small business owner, your risk is even greater. Any commercial task you conduct through the internet is especially prone to exposing your customers to this often-devastating criminal activity. How then, should a responsible company approach cybersecurity? Here are some of the best practices that wise entrepreneurs are implementing today. (more…)