How to Avoid Increased Risk from Phishing Attacks After SVB Shutdown
In the wake of the Silicon Valley Bank shutdown, cybercriminals are exploiting the situation by registering suspicious domains to launch phishing attacks, targeting industries like tech, life sciences, and investment firms. To avoid these attacks, organizations should implement multifactor authentication, ensure finance teams verify account changes, and provide regular training for employees to recognize phishing attempts and other social engineering tactics.
What is Cyber Hygiene & Why is it Important? (Best Practices)
Cyber hygiene involves the consistent implementation of cybersecurity best practices to secure networks and critical data. Key practices include enabling multi-factor authentication, using strong and unique passwords, keeping software updated, recognizing phishing and social engineering tactics, protecting mobile devices, and using VPNs for secure remote access.
Multifactor Authentication: A Critical Piece of Your Cybersecurity Strategy
Multifactor authentication (MFA) enhances security by requiring multiple forms of verification, making it harder for unauthorized users to access systems even if they obtain a password. It’s essential for all organizations, especially in highly-regulated sectors, and should be part of a comprehensive, multilayered cybersecurity strategy to effectively mitigate cyber threats and ensure compliance.
Cybersecurity Threats Faced by Broker-Dealer FINRA Firms
As a broker-dealer firm executive, you know that one of FINRA’s key mandates is to help prevent cyberattacks against its regulated firms. The Financial Industry Regulatory Authority, or FINRA, is, of course, a not-for-profit regulatory organization authorized by Congress to protect investors and ensure market integrity in the United States. This post will explore some […]
What is the CIA Triad? Definition & Examples in Cybersecurity
What is the CIA Triad? The CIA Triad is a fundamental cybersecurity model that acts as a foundation in the development of security policies designed to protect data. The three letters in CIA Triad stand for Confidentiality, Integrity, and Availability. In theory, the CIA Triad combines three distinct means of interacting with data to create […]
Proactive Cybersecurity Support Can Reduce Risk and Improve Operations for Your Business
Improving the operation of your business often starts with consolidation: creating a more cohesive structure that eliminates redundancy and slashes inefficiencies throughout the organization. Business leaders have been focused in this direction for generations, often looking for the smallest advantages that will allow them to outpace the competition. With the renewed focus on cybersecurity, it’s […]
5 Ways Outsourced IT Solutions Can Boost Revenue and Productivity
Even with all of the available technology solutions, one of the biggest challenges you will continue to hear from technical teams is lack of time. Everything from upgrading current platforms to researching new solutions requires dedicated focus, and the ability to shut out all by-the-minute frustrations and do the work required to move your organization […]
U.S. Shares Threat Intelligence. Prepare for Russian Cyber Attacks
President Biden released a statement Monday warning about “evolving intelligence that the Russian Government is exploring options for potential cyberattacks” on U.S. targets. He is urging the private sector to “harden your cyber defenses immediately by implementing the best practices.” This warning about Russian cyber attacks comes on the heels of recent alerts about the […]
Critical Infrastructure Sectors Target of Cybersecurity Bill
Earlier this month, the U.S. Senate unanimously passed a major piece of cybersecurity legislation. It requires companies in key sectors identified as critical infrastructure to report significant cyberattacks to the government within 72 hours. The legislation will have far-reaching impacts across most sectors. The introduction of the Strengthening American Cybersecurity Act of 2022 comes as […]
Increased Cyberattacks Likely with Invasion of Ukraine Warns U.S.
The Cybersecurity & Infrastructure Security Agency (CISA), the U.S. Intelligence Community, law enforcement, and other agencies recently issued a Shields Up alert regarding a potential increase in cyberattacks related to Russia’s military action against Ukraine and subsequent sanctions against the Russian government and related entities. While no specific cyber threats against U.S. targets have been […]