How much would fraud cost your business?

Fraud can often be associated with large companies. It usually involves thousands of employees and teams dedicated to security.

Fraud is an ever-increasing threat for companies of all sizes; small and midsized businesses being particularly at risk.

Why?

A lot of companies don't provide equal resources, protection measures or formal training to their workers as large corporations do.

Identity fraud refers to someone impersonating someone they trust (like your staff member, supplier or customer) with the intention of stealing money, accessing sensitive data or breaching systems.

As soon as a user submits login credentials for use by cybercriminals to gain e...

Imagine watching the news, and learning that criminals have targeted houses in your neighborhood.

Are You Willing to Leave the Front Door Unlocked at Night?

My initial reaction may surprise you, yet this is exactly what businesses do when they delay fixing vulnerabilities in their system. Unfortunately, this occurs frequently: over two-thirds (or more) of businesses take more than 24 hours before taking steps to address security concerns.

This statistic is alarming; as longer vulnerabilities remain exposed, the greater their vulnerability becomes for cyber attacks, data breaches, and major disruptions.

What exactly constitutes an exploitability vulnerability?

Cyber criminals can gain access to yo...

Have you ever considered how many phishing schemes your employees are exposed to daily?

It may come as quite a shock when they discover it!

Businesses all across the board have suffered as their employee population increased three-fold over last year and clicked on more phishing sites than ever.

Let's retrace our steps before moving forward.

Scammers use phishing to attempt and gain access to sensitive data such as passwords or payment details by appearing as trustworthy sources.

Your employee could receive an email from Microsoft with a link that leads to a login screen, asking them for their login details. By providing these, criminals could gain access to them and take over your business.

Phish...

Cyber criminals may target large corporations or those with significant financial assets. You might think that cybercriminals only target such firms with great assets.

Cyber criminals have been reported as targeting businesses of all types, from independent businesses to global conglomerates corporations, using botnets.

Have you heard about malicious botnets and are now wondering "what exactly is a botnet and why should it matter to me?" Cyber criminals use botnets as one of their key weapons against victims; these networks of compromised computers commanded by one malicious puppeteer can include everything from your desktop PC all the way down to your smart fridge - becoming cyber weapons aga...

Understanding that in today's highly connected and digitalized society, even minor computer issues can quickly spiral out of control is important in making decisions about your IT purchases and investments.

This article illustrates the cascading effect that occurs when minor computer security concerns are neglected.

Imagine what would happen if one user's password were exposed due to a breach in security on another service - even seemingly minor breaches can set off a series of devastating security breaches that are never resolved quickly enough.

We will explore how this situation could escalate to more severe issues.

Step 1: Log into Your Email Account

A recent Google study has found that 66% of...

Cloud computing gives us more mobility than ever before, enabling us to attend videoconferences on smartphones, create presentations on laptops, edit files on tablets while watching a soccer match - provided there's a reliable internet connection.

Imagine Canada. In an instantaneous collapse earlier this year, its business collapsed as an internet service provider (ISP), which had over 10 Million customers, botched an update for maintenance that affected them all.

Cloud computing offers numerous advantages, such as:

Enhance productivity via scalability; pay-as-you-go price structures; greater flexibility.
Reduce costs associated with managing and paying for in-house infrastructure and avoid bein...

Many employers mistakenly believe their employees cannot perform at their best without physically being present at work, yet managers can struggle with adapting to this new hybrid world. Unfortunately, this perception is far from being reality.

Research indicates that remote and hybrid work arrangements can often result in significant productivity gains; yet many organizations continue to impose office-only working policies.

Employers may feel unprepared to deal with the aftermath of recent years, and hope productivity will rebound after pandemic outbreak.

This could be seen as an antidote, since hybrid workers have demonstrated greater morale and creativity compared to pre-pandemic levels.

Big ...

As inflation fears have been in the news recently, you might be concerned with its impact on both businesses and technology solutions for them. This article provides both sides of this story.

Inflation occurs when goods and services become more costly to buy. When your purchasing power decreases, sales drop and profits fall - while costs for everything from food to infrastructure rise accordingly. While inflation might not impact all businesses equally as severely as living costs increase.

How will that impact my business technology? Well, it could lead to higher costs overall.

Inflation and Business Technology

Inflation often begins when goods and services become harder to acquire. Have you he...

The Dark Web is an important hub of illicit activities. Even legitimate businesses cannot ignore its presence entirely. In this article we'll outline its details, and show why monitoring its millions of pages could prove advantageous.

In the mid-1990s, the US government established the Dark Web to allow spies and other intelligence agencies to exchange information freely. Journalists and law enforcement agencies still utilize it today; additionally it may also be utilized by people living in countries which restrict open communication.

The Dark Web is an online space where illegal activities take place, such as counterfeit money trading and child pornography. Users may also access counterfeit ...

Cyber insurance is essential for any internet-based business. At your last policy review, it may have included coverage for software vulnerabilities - which you may or may not understand what they are! In this article we explain these vulnerabilities as well as ways to minimize costs related to them.

Cyber insurance provides essential protection from common risks.

Failure of network security could result in class action lawsuits and fines for breaches of privacy or standards legislation.
Business interruption can be devastating. With constantly evolving cyber threats and insurance providers updating policies to include risk areas and software vulnerabilities that were missed earlier on in time ...