Cyber Security – A New Fiduciary Responsibility
Personal Information is now one of the most valuable assets that businesses hold in trust on behalf of customers, clients, and related constituents. Recently, several law professors at UC Davis have proposed adapting fiduciary rules to apply to online companies that collect and
Cyber Criminals Increasingly Target SMB’s – Limited Resources Make Them Prime Targets
Malwarebytes™ today announced the results of the Q1 2019 Cybercrime Tactics and Techniques report. Q1 showed a significant uptick in business ransomware detections (195 percent), along with continued momentum for Trojan variations by over 200 percent and a sharp decline in crypto-mining. Malware targeting
Malware lingers an average of 800 days in SMB’s before discovery
Despite the adoption of advanced cybersecurity tools, Small and Medium sized businesses remain particularly vulnerable to long-lasting breaches compared to enterprise companies, due to a lack of IT staff needed to run comprehensive security detection and respond to threats, according to Infocyte's Q2
Three Seconds! That’s all it takes for a cyber-criminal to gain access to a network
It can seem an insurmountable task to face down cyber-criminals and come out on top. Sometimes it feels like a breach is inevitable, and it’s only a question of when. But professional services firms are growing a network of advisors, software and resources
Act before a cyber-attack happens to you!
It is human nature to be reactive to a loss, but we’d all be far better served by being proactive, rather than reactive, by favoring prevention over the cure. There are few better examples of this than in cybersecurity, where the accounting profession has
11 Eye Opening Cyber Security Statistics for 2019
Cybercrimes have accounted for trillions of dollars in losses, as per Juniper research the amount in 2019 was $2 trillion. With such vulnerabilities revolving online, companies are investing heavily in cyber security and training employees, particularly regarding online scams and ransomware attacks. It is estimated
Police suspend private forensic partner after ransomware attack.
Police have suspended work with Eurofins, their largest private forensic analysis partner, after a June 2 ransomware attack compromised the company's systems. On June 3, the National Police Chiefs’ Council says, Eurofins was instructed to return all work that it had not already begun.
LabCorp hit with class-action lawsuit following data breach that exposed data of 7.7M people
A class-action lawsuit was filed on June 13 in the U.S. District Court in Kansas City, Kan., against Laboratory Corp. of America alleging the medical diagnostic company failed to monitor its billing and collections vendor, according to The Kansas City Star. The American Medical
CyberScout Partners with Cyber 631 to Provide Crucial Services to CPAs
CyberScout partners with Cyber 631 to deliver proactive and reactive breach consultation services to CPA firms. With a subscription to Cyber 631 cyber security package, small and medium-size CPA firms will gain access to CyberScout’s award-winning services, including 24/7 breach detection, protection and
Cyber 631 Launch!
Cyber 631 announces the availability of an exciting new cyber security protection service for small to medium sized professional businesses. In particular we offer protection for CPA's, tax professionals, law offices, financial advisors and other professional firms with fewer than 100 employees. The service