In the digital age, cybersecurity should be one of the top priorities for anyone who goes online. One way is to vet those who are trying to access your systems. But when it comes to verifying users’ identity, many are unaware of the two kinds of authentication measures available.

With the rise of eCommerce and online banking, cybercrime has evolved. Like criminals who pull smash-and-grab jobs, they go where the money is. However, unlike bank robbers, cybercriminals do their best to avoid detection by letting malware do the work for them.

The choice to monitor your employees’ computers or not is a tricky one. While part of you may think it’s unethical, it could end up saving you hours of lost productivity or preventing a data breach. Here are some pros and cons of employee monitoring, and some tips to handle it fairly if you decide it’s right for your business.

Has your organization been hit with a data breach or ransomware recently? This happens more often than you might think to businesses of all sizes. Given the frequency, complexity, and increasing number of threats, a multi-level, agile, and cutting-edge cybersecurity strategy is the only response that will protect businesses from massive losses.

Hackers go for the gold. This means that banking information makes for the number one target. These cyberattacks lead to the theft of large sums of money, undermine the economic stability of individuals and organizations, as well as destroy the reputation of banks and other financial institutions.

There is a new online threat which is targeting your online banking activity — hackers are attempting to hijack transactions and pocket the money themselves. IBM’s security division has identified this new malware, codenamed Dyre Wolf.

Cryptolocker is a malicious piece of software classified as ‘ransomware’. It encrypts your files with a secret key and then demands that you pay a ransom in order for the files to be released.

File types affected by Cryptolocker include:
Open Office documents, Microsoft Office documents, image files and text files among others.