Ransomware Attacks on the Rise: Why Businesses Are Paying the Ransom

A small retail business was hit by a ransomware attack. Cybercriminals encrypted their critical data and demanded a ransom of $50,000 for decryption. Despite having a backup system, the company decided to pay the ransom due to the lack of knowledge about the time required for restoration and the cybercriminals’ …

The Growing Trend of Telegram as a Marketplace for Phishing Tools and Services

Cybercrime is becoming increasingly common as businesses continue to rely on technology to conduct their operations. Cybercriminals are constantly looking for new ways to exploit businesses and individuals. One of the methods gaining popularity is using Telegram, a popular messaging app that offers end-to-end encryption. Telegram has become a hub …

Securing Your Online Collaboration: The Future of Workspace Protection

Keeping Our Online Workspaces Safe With New Security Tools  Keeping online workspaces safe is the top priority as more people work from home. A vital part of this is to secure your company’s communication and exchange of information. Providers are actively working on ways to make collaboration platforms more secure. …

The Importance of Secure Passwords in the Age of AI

Businesses always look for ways to protect their sensitive data. But have you considered the growing threat of AI cracking your passwords?  Recent studies show that AI can crack many passwords in less than a minute. This poses a significant risk to businesses of all sizes. Let’s discuss why you …

AlienFox Malware: The Swiss Army Knife of Cloud Attacks

Researchers at SentinelLabs have uncovered a new, modular malware toolkit called “AlienFox.” Cybercriminals use AlienFox to breach email and web hosting services. It compromises misconfigured hosts on cloud platforms and takes sensitive data.  You can often find this new toolkit in Telegram groups. Researchers call AlienFox a “Swiss Army knife” …

The Risks of IoT Devices: How to Secure Your Business

The Internet of Things (IoT) is a growing network of devices connected to the internet and each other. These include smart tools, security devices, wearables, and appliances. These devices make people’s lives easier and more convenient. But they can also come with security risks that put businesses in danger. Cyberattacks …

TMX Finance Data Breach: What You Need to Know

TMX Finance has been providing underserved consumers with credit products since 1998. Unfortunately, the company suffered a massive data breach that went undetected for months. It involved all TMX subsidiaries, namely TitleMax, InstaLoans, and TitleBucks. The incident affected over 4.8 million customers across all its services. A Timeline of the …