Cybercriminals Are Faking Data Breaches: How AI Is Fueling This New Scam

Submitted by Amy Rizzo on Wed, 08/14/2024 - 08:58

Just when you think cybercriminals will run out of new ideas for how to scam people, they find a way to get creative and surprise you. Now they’re faking data breaches, hoping to steal money from unsuspecting business owners and dark web data buyers alike.

Earlier this year, Europcar, an international car rental company from France, discovered a cybercriminal selling private information about its 50 million+ customers on the dark web. The car rental company immediately launched a formal investigation, only to find that the data being sold was fake. The information was falsified, most likely done with the help of generative AI.

Outdated Technology Is Costing Your Organization Money

Submitted by Amy Rizzo on Tue, 08/06/2024 - 07:54

Is your organization currently bleeding money due to its reliance on outdated technology? The answer is likely yes. A recent survey by Deloitte revealed that a staggering 82% of companies failed to meet their cost-reduction targets last year, with an inefficient technology infrastructure being the primary culprit.

The 2024 poll of nearly 300 business leaders on business margin improvement and technology transformation efforts revealed that challenges with their technology infrastructure are the biggest barrier to organizations seeking to improve margins by cutting costs. This same study found that over 50% of the respondents reported that leveraging data and generative AI strategies for improving margins would be their focus for 2024.

What does this tell us? Organizations are looking to adopt new, automated, AI-powered ways of doing business to save money and improve efficiency but are held back by antiquated technology.

Dangers Of LinkedIn: 4 Security Features To Use TODAY

Submitted by Amy Rizzo on Wed, 07/31/2024 - 07:20

A recent report from Check Point Research revealed a shocking statistic – the Microsoft-owned business platform LinkedIn is impersonated in nearly half of all phishing attacks globally.

One of the ways scammers leverage LinkedIn to deploy their phishing attack is when they zero in on anyone seeking a new job or career change. While e-mails like “You have 1 new invitation” or “Your profile has been viewed by 63 people” can be authentic, it’s critical to verify the e-mail address it’s sent from to ensure that it’s genuinely from LinkedIn. These impersonators will send e-mails that look identical to the real ones, with links to fake LinkedIn pages that will rip off your information as soon as you enter it.

Travel Smart: Essential Cybersecurity Practices For A Hack-Free Vacation

Submitted by Amy Rizzo on Fri, 07/26/2024 - 07:35

Summer is a popular time for business owners and employees to step out of the office and take a well-deserved vacation. Even if their “out of office” e-mail responder is active, many people will periodically check in on work at least once while traveling. Unfortunately, studies show that working outside of the office – whether it’s a few simple check-ins on vacation, connecting to the Internet at a local coffee shop or even business travelers out on work trips – can lead to major cybersecurity issues. If you or your employees will be answering urgent e-mails from the airport or accessing network documents in the hotel lobby, it’s essential to maintain strong cybersecurity best practices to avoid exposing the company’s network to hackers preying nearby.

In this blog post, we’ll cover what cybersecurity best practices are necessary for you to take before and during any trip to keep your network secure from hackers.

 

Massive Layoffs In 2024 Create A Serious Threat To Your Cybersecurity

Submitted by Amy Rizzo on Wed, 07/17/2024 - 06:53

The massive wave of layoffs in 2024 brings a cybersecurity threat that most business owners aren’t focusing on – offboarding employees. Even big-time brands that you would expect to have top-of-the-line cybersecurity systems, processes and procedures in place fail to adequately protect themselves from insider threats. This August marks a year since two disgruntled Tesla employees went rogue after being let go and exposed the personal information – including names, addresses, phone numbers and even the Social Security numbers – of over 75,000 people, including employees.

And, of course, the issue is expected to get worse. According to NerdWallet, as of May 24, 2024, 298 US-based tech companies have laid off 84,600 workers and counting. This includes major layoffs at big companies like Amazon, Google and Microsoft, as well as smaller tech start-ups. In total, around 257,254 jobs were eliminated in the first quarter of 2024 alone.

Frustrated With BAD Tech Support? You’re Not Alone

Submitted by Amy Rizzo on Thu, 07/11/2024 - 07:42

A recent stream of Reddit comments emerged detailing a series of poor customer service experiences with tech support. While I typically try to stay clear of Reddit and its gang of chronic whiny-pants commenters, I scrolled through a few, you know, for research purposes since I’m in the industry. A few of the complaints sounded so outlandish – like the lady who claimed the technician took a bathroom break in her attic – that it almost seemed impossible they could be true. However, other more common issues on the thread I’ve experienced myself, and to be candid with you, they sucked!

The Silent Danger: A Powerful Lesson For Every Business From This $1.6 Billion Ransomware Attack

Submitted by Amy Rizzo on Wed, 06/26/2024 - 08:23

In recent months, the alarming cybersecurity breach at Change Healthcare, the health care payment-processing company under the health care giant UnitedHealth Group, has thrown a spotlight on a chilling reality: cyberthreats can lurk undetected within our networks, ready to unleash chaos at a moment’s notice. The breach, executed by the notorious ALPHV/BlackCat hacker group, involved the group lying dormant within the company’s environment for nine days before activating a crippling ransomware attack.

“Savings” That Could Cost You EVERYTHING

Submitted by Amy Rizzo on Tue, 06/11/2024 - 08:57

As a business leader, you’re always looking for ways to increase revenue, cut expenses and grow your bottom line. Implementing AI tools, shopping services and running a more efficient operation are great ways to do that. One place you do NOT want to cut corners is using free antivirus or firewall software.

In today’s blog, we’ll share why these seemingly helpful software solutions are a detriment to your business and why a 10-minute call with our team might just be the best investment you’ll make this year.

How Poor Tech Support Is Slowing Down Your Business

Submitted by Amy Rizzo on Tue, 06/04/2024 - 09:29

If you’re serious about growing a successful, profitable business in 2024 and beyond, there’s no room for pass-the-buck tactics – especially when it comes to IT support. The efficiency of your IT team isn’t just a convenience – it’s a cornerstone of your operational capability. Yet many companies find themselves held back by subpar tech support, with unresolved IT issues lingering, impeding productivity and frustrating employees and customers alike. These recurring issues can significantly slow down your business growth and quickly cut into your profitability.

How You Can Easily Eliminate Tech Problems In Your Business

Submitted by Amy Rizzo on Tue, 05/21/2024 - 08:01

Now more than ever, we rely on technology to run our businesses and our lives. When the “Internet goes down,” most businesses come to a standstill until they are back online, costing thousands in lost productivity and sales. A perfect example would be the AT&T outage that happened a few weeks ago, when an estimated 1.7 million customers, including small business owners, lost service. No phones, no Internet. Could you afford your business being down for minutes, hours or even days? The answer is likely no.

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