Are Insurance Companies Promoting Ransomware?

Ransomware is proliferating across America, disabling computer systems of corporations, city governments, schools and police departments. Recently, attackers seeking millions of dollars encrypted the files of 22 Texas municipalities. Overlooked in the ransomware spree is the role of an industry that is both fueling and benefiting from it: insurance. The FBI and security researchers say paying ransoms contributes to the profitability and spread of cybercrime More »

Beware of Email Spoofing (Case Study)

Recently, a new small business client (under 5 employees) complained that “nasty” emails were being sent to their customers from one of their email addresses. Upon investigation we found a virus on a Workstation who’s mission was to gather all the e-mail addresses stored in their contacts and send it back to the virus creator. Then, using this list of contacts, the bad guys that More »

Hover Test for Emails

I received this email recently – and I thought I would create a post about how to hover on an email to see if it is legitimate. I have a Netflix account so when I first looked at this email, it does look legitimate – the logo looks right, no spelling mistakes.  Let us do a hover test on this email to see if there More »

Tokyo Games Conducting Cyber Attack Drills

In the run-up to the Tokyo Olympics next year, the sponsors are speeding up preparations to counter cyberattacks. Hackers hampered the two previous Olympics, taking down a state government website at the Rio Games in 2016 and triggering system failures just before the opening ceremony for the 2018 Pyeongchang Winter Games in South Korea, making it impossible for spectators to print tickets. At a meeting More »

Don’t Help Hackers

Posting wonderful events about your job on Facebook, Twitter and other social media sites may be great for your friends and relatives, but if you don’t lock down your privacy settings these snippets are also great for hackers. Proof comes from a recent blog on the site Fast Company by Stephanie Carruthers who works for an IBM team hired to test the cyber security of companies. You More »

Bad Guys Exploit CapitalOne Breach

The bad guys are now exploiting news of the CapitalOne breach to push a malicious backdoor trojan via a phishing email purporting to offer a Windows Security Update. See the attached example email. Clicking the link in that email downloads a file named KB3085604.exe — obviously named to resemble Microsoft patch files and security updates. The phishing email itself spoofs the targeted those working in organizations that occasionally ask More »

“100 per cent of breaches are the result of people”

As a penetration tester Joshua Crumbaugh, who now heads the Alabama-based security awareness training firm PeopleSec, says employees are the real block to improving digital security. “I would argue 100 per cent of breaches are the result of people,” he told the International Cyber Security and Intelligence Conference Wednesday. In fact in an interview he argued the overwhelming amount of an organization’s cyber spending should go to More »

Ransomware as a service?

At the time of this post, it’s been nearly one month now since the City of Baltimore was hit with a nasty Ransomware attack that locked down its servers and left the city government without email, telecommunications, and disrupted real-estate transactions and bill payments.. Some security experts meanwhile have obtained and studied samples of the so-called Robbinhood Ransomware used in the attack. Like most Ransomware More »

Nearly 100 malicious email campaigns aimed at Canadian organizations in Q1: Report

IT security experts say they still come across business leaders in Canada who don’t believe their organization will be targeted for a cyber attack. A new report from security vendor Proofpoint should help dispel that. Looking at data from customer devices, the company found that between January 1  and May 1, threat actors conducted thousands of malicious email campaigns, hundreds of which were sent to More »

Cost of Cybercrime

Canadian Businesses have lost $2.96 million in business disruption, and $3.8 million in information loss according to the annual Accenture Cost of Cybercrime survey 2018. (for a copy of the report click here) Malicious insiders and malicious code were the most expensive type of attacks, costing Canadian respondents on average, US$3.3 million, compared to the average of all companies surveyed of US$1.6 million. These attacks More »

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