Why Cybersecurity Is Crucial For Your Business

  These days, cybersecurity is a topic that every business has to address. More and more businesses get hacked every year as hackers get more sophisticated, sometimes even having the resources of an entire nation behind them. Private companies must take steps to ensure that they are protected against hacking and cyberattacks. But why is cybersecurity so crucial? In order to understand this, you have to understand more about how cybersecurity and cyberattacks actually work. Let’s take a close look at cybersecurity for business, including the potential for disaster that…

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Hackers use malicious Word documents to target Charities

Security researchers at security company McAfee Labs uncovered a ‘nation-state level’ cyber espionage operation that has targeted humanitarian aid organisations around the world backdoors hidden within Word documents.     The malware – which appears to use a modified version of the original Syscon first observed in August was spotted being distributed via phishing emails.     The malware creates a backdoor into the infected system, which can then be used to spy on the PC and allow hackers to steal data.   Full story: – Hacking operation uses malicious…

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2018 Election will be Extremely Vulnerable to Hacking

It was all doom and gloom New York Times Magazine report this week as a host of computer security experts argued that voting machine hacking is a disaster in waiting.     The report cited over-confidence of manufacturers and voting authorities, which they said, masks deep vulnerabilities — a combination of user error, poorly designed systems and the fact that no system, however, vetted, is necessarily safe from competent intruders.   Recently. the Associated Press reported that hackers, possibly  Russia, unsuccessfully attempted to access the election-related computer systems of 21…

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Businesses are ‘highly reliant’ on AI for Cybersecurity

A report by Cisco showed that malware sophistication is increasing and hackers are better evading detection with encryption, leading CISOs to rely more heavily on automation, according to Cisco.   Cisco found that 39% of organizations are reliant on automation for cybersecurity, 34% are reliant on machine learning, and 32% are highly reliant on AI. — Cisco, 2018 More than half of all cyberattacks reported in 2017 resulted in financial damages of more than $500,000, including lost revenue, customers, opportunities, and out-of-pocket costs. — Cisco, 2018.     The report…

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Dubai Embraces Cryptocurrency and Blockchain Technology

In 2016, Dubai government drew a line in the sand when they delivered their Blockchain Strategy which will make Dubai the first blockchain powered government asserting themselves as a global technology leader.       “Adopting Blockchain technology Dubai stands to unlock 5.5 billion dirham in savings annually in document processing alone — equal to the one Burj Khalifa’s worth of value every year.”   The commitment is to have all government document processing on the blockchain by 2020.   Towards the end of 2017, Dubai signed a deal to…

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NHS and other government websites hacked for Bitcoin mining

You can be mining Bitcoin when visiting the NHS or other government websites. It was reported the Guardian, late on Sunday that thousands of websites, including those belonging to NHS services, the Student Loans Company and several English councils, have been infected by malware that forces the computers of a visitor to the site to mine cryptocurrency while using the site.     The website of the UK’s data protection watchdog, the Information Commissioner’s Office, was taken down to deal with the issue after it was reportedly infected by the…

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IoT, Cybersecurity is a Public Safety Concern

The IoT market is growing rapidly as more devices and things are becoming connected to the internet.  This network of devices is called the “Internet of Things”, IoT.  Experts are predicting that more than 80 Billion devices or things will be connected to the internet by 2025.   When we think of connected devices, we typically think of mobile phones, printers or security cameras and generally not household appliances such as fridges, doorbells and vacuum cleaners or even motor vehicles, trucks and ships.   The “Internet of Things” is bigger than we can…

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International Cyberattack Throws Multiple Countries into Chaos!

DEVELOPING STORY – An International Cyberattack has hit multiple countries.   As reported by the New York Times:  “Unknown hackers launched simultaneous attacks against computer systems around the world, holding vital information for ransom and throwing government agencies, businesses and hospitals into chaos. More than 45,000 attacks have been recorded in as many as 74 countries, including Russia, Turkey, Vietnam, the Philippines and Japan, according to Kaspersky Labs, a Russian cybersecurity firm. Among the companies and government agencies affected were FedEx, Britain’s National Health Service and the Russian Interior Ministry.”…

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Malware Steals Hotel Guests Payment Card Details

Bottom line – Ensure you protect your privacy and that your personal data is safe and not compromised. The biggest threat to our new digital economy is cybercrime as unscrupulous people are stealing our Identity, Documents, Photo’s and Credit/Debit card details to name but a few.   An incident at a IHG franchise hotel, involving guest payment cards and malware, occurred recently:-   “The investigation identified signs of the operation of malware designed to access payment card data from cards used onsite at front desks for certain IHG-branded franchise hotel…

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