Hacker Accused of Carrying Out Business Email Scam Netting $100M
“The U.S. Department of Justice announced on March 21 that it is charging a lone individual in connection with a business email compromise scam that resulted in the theft of more than $100 million from a pair of U.S. corporations. The DOJ charges come as new research indicates that business email compromises are an increasingly […]
Hackers demand Apple pay up or millions of iCloud accounts will be wiped
“A group of hackers is allegedly trying to extort Apple by holding its customers’ data for ransom and threatening to remotely wipe iCloud accounts connected to both iPhones and iPads if those ransoms are not paid. The group self-identifies as the “Turkish Crime Family,” and it is demanding either $75,000 in Ethereum or Bitcoin or […]
Is the IT Security Gap a Threat to SMBs? [CHART]
Over the past year we’ve seen higher adoption of virtualization, web applications and Bring Your Own Device (BYOD) environments. As these and similar trends develop, security threats are likely to continue to emerge with unprecedented speed and complexity, putting businesses of all sizes at risk. Those most impacted, however, are the small- and medium-sized businesses […]
Apple iCloud ransom demands: The facts you need to know
“Hackers are demanding Apple pay a ransom in bitcoin or they’ll blow the lid off millions of iCloud account credentials. Beyond the primary headline, however, there are a bevy of loose ends and nuances to ponder. So far, we know that a London-based hacker group, calling itself the Turkish Crime Family, has claimed to have […]
Hackers demand Apple pay up or millions of iCloud accounts will be wiped
“A group of hackers is allegedly trying to extort Apple by holding Apple customers’ data for ransom and threatening to remotely wipe iCloud accounts connected to both iPhones and iPads if those ransoms are not paid. The group self-identifies as the “Turkish Crime Family,” and it is demanding either $75,000 in Ethereum or Bitcoin or […]
Lithuanian man’s phishing tricked US tech companies into wiring over $100m
“Two major American tech companies were tricked by a Lithuanian man’s phishing scheme into wiring him over $100m, according to the justice department. Evaldas Rimasauskas, 48, was arrested last week by Lithuanian authorities and charged on Monday by prosecutors in the southern district of New York. Announced on Wednesday, the charges of wire fraud, money […]
Abta data breach: Tens of thousands of holidaymakers hit in massive cyber attack
“The Association of British Travel Agents (ABTA) has come forward and disclosed a major data breach, with as many as 43,000 people at possible risk from the huge cyber attack. The attack that breached the website resulted in the hackers gaining access to around 1,000 files containing information that could include encrypted passwords and email […]
Reports of Potential Data Breach at Saks Fifth Ave
“There are reports of Saks Fifth Avenue inadvertently exposing the personal information of customers online. The breach, which was first reported by Buzzfeed, had the e-mail addresses and phone numbers of shoppers visible on the Saks website. Parent company Hudson’s Bay Co. released the following statement regarding the incident: “We take this matter seriously. We […]
Overcoming Cybersecurity Challenges with Managed IT Services
If there is one thing we can be certain about when it comes to cybersecurity, it’s that the landscape will remain dynamic and turbulent over the coming years. Today, news headlines are dominated by cyberattacks and breaches that span across all industries – causing security to be top of mind for almost all businesses. However, […]
Hackers’ delight: Businesses put selves at risk for invasion
“David Cingari reaped the benefits of backing up a year ago, when an employee at his catering company came in around 7:30 a.m. to find her computer was taken hostage by ransomware. When she logged in, she got a notification that her files had been encrypted, or locked up so they couldn’t be read, and […]