In 2018, Amazon was struck by a considerable attack, with hackers taking funds from approximately 100 seller accounts, according to a Bloomberg report. Between May and October 2018, Amazon sellers were struck approximately 100 times, draining funds from the seller control platform to augment their own funds. According to the investigation, the first fraudulent transaction took place on May 16, 2018, with an undisclosed amount being stolen. The hackers utilized phishing attacks in order to scam their targets.
Do you ever think of your business as too small of a target to matter to hackers? Some organizations actually do believe this, and that notion is effectively a trap. The thing that all businesses need to keep in mind is that all organizations, regardless of which industry they fall into, as all companies have data that’s valuable to hackers. We’re here to prove it and ensure you know the best way to protect your data.
Blockchain technology is all the rage these days. Business owners are going to start hearing this buzzword as a bullet point in software solutions. Developers from all over the world are trying to harness the power of encrypted, distributed data, mainly due to the reputation that blockchain has regarding the “unhackable” permanence of the data stored upon it. However, it as powerful as blockchain is purported to be, it isn’t totally infallible.
Chances are, you’ve heard of “phishing” - a cybercriminal’s scam that steals data, access credentials, and other sensitive information by fooling a user into thinking they are providing this information to someone who is supposed to have access to it. However, there are a few different kinds of phishing, based on how it is carried out. Here, we’ll discuss the realities of spear phishing, and the risks it poses to your business.
Network security is a crucial consideration for every contemporary business owner, as there are just too many threats that originate from an Internet connection to be overlooked. One only has to look at what businesses of all sizes have dealt with, even within this calendar year, to gain an appreciation for how crucial it is that every business owner consider their cybersecurity.
There are literally billions of sports fans in the world, and the popularity of these events brings in big money; and big money typically attracts hackers. Using all types of methods, there has been a history of hacking in almost every sport. Today, we take a look at some of the most famous hacks that have shaken up the sports world.
Thanks to the advent of artificial intelligence, cybersecurity professionals have to reconsider how they approach these threats. Machine learning is one option, as it can help today’s modern solutions learn how to be more effective against advanced threats. On the other hand, what’s stopping the other side from also taking advantage of artificial intelligence? The answer: nothing, nothing at all.
The IRS has issued a warning to tax professionals to step up their cyber security to prevent sensitive taxpayer information from being stolen. CPA firms, large and small, are being targeted by hackers and identity thieves, especially during the high traffic tax season.
The holiday season is a prime opportunity for hackers to steal considerable amounts of money and credentials from unwary shoppers, both online and in-store. When a lot of customers spend so much money, it’s inevitable that some of these credentials will be stolen by hackers seeking to snatch a credit card number or personal data. How can you protect yourself from a threat that’s not necessarily handled directly by you?
One of the most enticing credentials that hackers desire is your credit card number, along with its expiration date and the code on the back. Hackers are also willing to go great lengths to achieve their goal of stealing these credentials, even so far as to make physical changes to automatic teller machines (ATMs) to do so. In fact, hackers will often install skimming devices on ATMs that are so subtle that they can be difficult to detect.
While many youngsters enjoy it when their school shuts down, this was likely not the case in Flathead Valley, Montana, where the cybercriminal group ‘TheDarkOverlord Solutions’ targeted the entire Columbia Falls school district. This attack caused the three-day closure and otherwise disrupted over 30 schools, and the personal information of teachers, students, and school administrators was supposedly to be released if the group didn’t receive a ransom payment.
Man matching wits with computer isn’t new territory. In 1830, a locomotive raced a horse to see which was superior in terms of speed and distance. 1956 saw the first time a human played chess against a computer. Today, the time has come when an artificial intelligence has begun to break into a new territory that was dominated by humans for thousands of years: crime.
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