Cybercrime is on the rise. A report from Accenture revealed that there has been a 67% increase in security breaches over the past five years. And it is not just the number of attacks that is growing; so, too, is the sophistication of the cybercriminals targeting organizations around the world. Businesses in all industries are […]
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The cost of a data breach is not just limited to regulatory fines, but extends to more significant losses to the business and even hampers customer trust Security incidents and data breaches are becoming increasingly costly. Some recent examples include $53 million costs to the Canadian lender Desjardins Group in the wake of a breach
“People are going to really give a hard look at cloud security,” says Darktrace CEO Nicole Eagan. “At the end of the day, it also says when you have something of this scale why not use some artificial intelligence or something that could have spotted this. Actually what was done was pretty blatant. It was
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6 Important Small Business Cyber Security Tips Chances are, you think twice before entering your credit card information online to buy something, watch out for malicious links in emails and keep your PC updated against viruses, spyware and hackers. However, how much thought do you put into your small business data security and protecting client
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Given the dynamic nature of the internet, it’s not surprising to also see frequent changes in consumer buying behavior, which online retailers try to predict and cater to on various digital platforms. Convenience and revenue growth of eCommerce businesses, however, come with a price in the form of fraud. Sales transactions from online merchants are
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While recent data breaches on large enterprises like Home Depot, Target, and Yahoo made headlines worldwide, a 2016 report by cybersecurity firm Symantec revealed that 43 percent of cybercrimes actually target small businesses. What’s more alarming is that the number of attacks on small business has been trending upward every year since 2011. It’s easier to
Cyber Attacks on Small Businesses are on the Rise, Here’s How to Stay Safe Read More »
Not long ago, I blogged here about a new type of cybercrime called ransomware. But when it comes to cyber crooks, apparently they’re also using some old-fashioned methods to breach businesses’ systems. The 2017 Annual Cybersecurity Report from Cisco shows cybercrime is growing. Here’s what could be at risk for your business. How are cyber crooks
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