Category

Systems Security
The rise of AI has sparked a revolution. Everyone, from industry giants to smaller enterprises, is captivated and eager to leverage AI’s endless possibilities. However, amid the celebrations of AI’s merits, let’s not ignore its potential risks. A new array of cyberthreats emerges when intricate AI algorithms cross paths with malicious cyber elements. From AI-powered...
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Data breaches have become more common in recent years, owing primarily to the rapid emergence of new threats. According to a new study, the average cost of a data breach increased 2.6% from 2021 to 2022.* Hackers can now access sensitive information a lot easier than ever before, thanks to the growth of the internet...
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Social media has significantly transformed the way we communicate and do business. However, this growing popularity also comes with potential risks that could cause harm to businesses like yours. Unfortunately, many organizations remain unaware of these rapidly evolving challenges. In this blog, we will explore the dangers associated with social media and share practical tips...
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Phishing scams remain one of the most prevalent and successful types of cyberattacks today, so being aware of the danger they pose to businesses like yours is extremely crucial. Your business could easily be the next victim if you don’t clearly understand how threat actors leverage phishing emails. In this blog, you’ll learn the intent...
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ransomware and cybersecurity
According to ATM Marketplace, Banks reported that there were more than $1 billion in ransomware payments in 2021, more than double from 2020 and the largest amount ever reported in a year. The Treasury Department collected data that showed the majority of the funds came from attacks connected to Russian hackers. The Treasury said the...
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how to protect your bank and customers from cyber attacks
Digital banking is on the rise, just like all other aspects of society. As more customers take their banking online it offers convenience, but also cybersecurity concerns.  Cyber criminals are increasingly targeting small banks and credit unions. Customers are far less likely to trust institutions whose services and products are frequent targets for attacks. Luckily...
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  Secure is relative. Different businesses have different obligations and levels of sophistication in their security programs based on several factors. Industry, size, the type of data housed, and more all determine how a business treats its information security program. But the goal is often the same: avoid as many security incidents as possible, protecting...
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Spreadsheets are dumb. Okay, it’s not that spreadsheets are dumb, or that the people who use them are dumb. That’s not at all what we’re saying. What’s dumb is using spreadsheets to manage third-party information security risk. If were going to call something dumb, We’d better have some logic to back it up. Good thing....
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Vendor security risk management is not easy. It’s often a monotonous combination of spreadsheets, questionnaires, following up with people, and uncertainty. It’s often frustratingly tedious, and it can actually cause otherwise strong information security programs to falter. The best relief is to take a three-step approach to vendor risk management. Simplify. Standardize. Defend. Simplify Managing...
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The memory of the largest data breach in the banking sector, in 2016 due to a malware injection is still afresh in our minds. In fact, a recent study revealed that credit and debit card frauds have witnessed a six-fold increase in the past three years. Fraudsters are becoming increasingly sophisticated and more efficient in...
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