Identity theft ramped up more than 40% in 2022, with some dubbing the term “scamdemic” to describe the wave of cybercrime. While 2022 started off on a positive trend, with the estimated number of data compromise victims trending down for the sixth year in a row, the year ended with a Twitter identity breach that …
Data Breach “Scamdemic” Impacts 42% More Americans in 2022 Read More »
Tax season can be an especially vulnerable time for victims of cybercrime who are targeted by what they believe to be the official IRS. Tax identity theft happens when someone uses your Social Security Number to file a phony tax return and collect your refund. Most victims are unaware this has even happened until they …
Top 7 Tips for Protecting Your Personal Identity During Tax Season Read More »
While 2022 didn’t pass 2021 in terms of the number of identity thefts reported, it came very close to being a record year. Cybersecurity experts have shared several identity theft trends to watch in 2023 as cybercriminals become more savvy. The Identity Theft Resource Center (ITRC) released its predictions for identity theft for 2023, with …
A recent security incident involving nearly 35,000 PayPal customers serves as a wake up call to organizations of all sizes to implement a zero-trust architecture, enable MFA, and use strong and unique passwords. Attackers gained access to the accounts of thousands of PayPal users between December 6 and 8, 2022 during a credential stuffing attack. …
PayPal Breach Highlights Need for Strong Passwords and MFA Read More »
Cybercriminal tactics are becoming increasingly sophisticated, even fooling bank employees. Helping employees identify and avoid phishing attacks should be a priority for any business. A recent CNBC article reported that a fake Chase fraud department 800-number was convincing enough to trick small business owner Cody Mullenaux into authorizing a $120,000 withdrawal from his Chase checking …
Helping Employees Identify and Avoid Phishing Attacks Read More »
Cloud company Rackpace Technology recently completed its investigation into the December 2022 ransomware attack that left thousands of customers worldwide without access to their data. The attack was one of many that made 2022 one of the worst years, if not the worst, on record for ransomware attacks. An annual SpyCloud survey found that 90% …
Rackspace Ransomware Attack Just One of Many in 2022 Read More »
Fostering a culture of awareness around cybersecurity issues is critical for any organization. Here are five top cybersecurity trends in 2023 to monitor. Internet of Things Internet of Things (IoT) devices make everyday life more streamlined and organized. However, as we connect together and network through these devices we open up potential access points to …
2022 saw the usual rates of public sector organizations in government, education and healthcare hit by ransomware, while the severity increased, according to data from Emisoft. The public sector organizations hit by ransomware included up to 1,981 schools, 290 hospitals, 105 local governments and 44 universities and colleges were hit with ransomware in the US …
U.S. Public Sector Organizations Hit by Ransomware in 2022 Read More »
Implementing identity security best practices is essential in today’s fast moving business world. During the third quarter of 2022 alone, approximately 15 million data records were exposed worldwide through data breaches. This alarming figure is an increase of 37 percent when compared to the previous quarter. (Source: Statista) Driving this upward trend is the trend …
Implementing Identity Security Best Practices Year Round Read More »
Despite huge strides in cybersecurity, data breaches are still an issue. In fact, the number of data breaches in the first quarter of 2022 was higher than in 2021, and in the second quarter 2022 alone there were nearly 52 million data breaches reported. The industry hit hardest by data breaches was the healthcare industry, …
