By Anita Byer, Setnor Byer Insurance & Risk Did you know that the majority of data breaches are driven by credential theft? Hackers are constantly probing the Internet trying to steal login credentials. One uninformed or unsuspecting user or one careless act, and that’s it. Your...
By Anita Byer, Setnor Byer Insurance & Risk October may officially be Cybersecurity Awareness Month, but that doesn’t mean businesses can afford to take the rest of the year off. Gone are the days when cybersecurity was seen as an ancillary function. Today, businesses should be...
Setnor Byer Insurance & Risk Small businesses spend a lot of time and money to protect their sensitive and confidential information, and rightfully so. Data breaches can lead to crippling, often insurmountable financial and reputational harm. Unfortunately, many businesses overlook the most basic security measures. Cyber...
Setnor Byer Insurance & Risk Did you know that the average ransomware demand in the first quarter of 2020 was $111,605? Ransomware is a type of malware that encrypts critical data so it cannot be accessed without a decryption key. Victims must, you guessed it, pay...
Did you know that there will be nearly 21 billion devices connected to the Internet by 2020? According to Gartner, an information technology research company, 5.5 million new devices are connecting every day. This rapidly growing network of Internet-enabled physical devices capable connecting, communicating and identifying...
Business Email Compromise (BEC) attacks are sophisticated scams that compromise legitimate business e-mail accounts to conduct unauthorized fund transfers. These attacks are also called ‘whaling’ because they are similar to phishing, but on a larger scale. BEC attacks have grown in popularity in recent years,...
Cyber security has become a game of cat and mouse. Security evolves and criminals adapt. Or is it the other way around? Either way, cyber threats pose a significant risk to businesses. And, according to the McAfee Labs 2016 Threats Predictions Report, businesses should be...
We hope you took time during National Cyber Security Awareness Month (October) to think about cyber security. Existing and emerging cyber threats can compromise business networks, devices and data. They can even jeopardize the success and existence of any business. Though 2015 will soon be...
We hoped Anthem's January data breach would be the last large-scale event of 2015. Our hopes were dashed by the Office of Personnel Management's massive breach that exposed personal information of more than 20 million current, former and prospective federal employees and contractors. This is...
Businesses and individuals affected by data security breaches often face a long and expensive battle to repair the damage. Given the increasing frequency and severity of data security breaches, it doesn't look like this problem is going away anytime soon. Since it's impossible to prevent...