Tag: Risk Management

Steps to Avoid an Identity Theft in 2022
Security

Steps to Avoid an Identity Theft in 2022

According to a 2022 Identity Fraud study by Javelin Strategy & Research, last year, 15 million USconsumers were victims of identity theft. Personal information from these individuals was used bythe criminals which amounted to a $24 billion loss.And this is only half the problem. In addition to this, scams like identity theft fraud in which criminalscontact consumers directly to manipulate them into making transactions or giving up personalinformation affected 27 million people in 2021. The amount of loss in these frauds was around $28billion.Although no one wants to be a victim of identity theft, it can be hard to avoid due to the fact thatmuch of the personal information is stored by various companies and organizations.What happens when someone steals your identity? How to check if s...
6 Common Crypto Scams and How to Avoid Cryptocurrency Fraud
Risk, Security

6 Common Crypto Scams and How to Avoid Cryptocurrency Fraud

The increase in cryptocurrency's acceptance has also given scammers additional opportunities to take advantage of the industry's vulnerabilities and con gullible individuals. Cryptocurrencies fraudsters stole more than $7.8 billion in cryptocurrency in 2020; this amount increased to over $14 billion in 2021 as a result of their success. Every day, new varieties of cryptocurrency scams emerge, and if you're not vigilant, you can wind up falling for one of them. According to estimates from the US Federal Bureau of Investigation (FBI), cybercriminals stole cryptocurrency worth more than US$1.3 billion between January and March 2022. Given that by mid-2022, the market capitalization of all cryptocurrencies combined was just under US$1 trillion, it is a considerable sum. How cryptocur...
Is It Safe to Use Online Survey Sites?
Risk, Security

Is It Safe to Use Online Survey Sites?

You've probably heard of taking paid surveys online if you've ever looked for side jobs to earn additional money. but is it safe to use online survey sites? The surveys are offered by numerous websites, and in exchange for completing them, users will receive cash, gift cards, or other modest benefits. Due to the fact that so many different businesses use paid online surveys to do market research, the industry is genuine. However, there are some survey sites that are actually sites made by scammers or cybercriminals among the many legitimate online paid surveys. They are primarily made to gather your personal data in order to commit identity theft. How can you determine which online paid surveys are safe to participate in and which ones you should avoid? What to watch out for when ta...
Recommended frequency for changing passwords in 2022?
Business

Recommended frequency for changing passwords in 2022?

Recommended frequency for changing passwords in 2022? are you also looking answer to this question so, sit properly and read this blog completely to know How often should you change your passwords? Before the small devices, we always had with us could store a large number of phone numbers, we had to remember them long ago. Take a moment to consider how technology has eliminated the necessity for that element of our brain capacity if you're old enough to recall having to memorize dozens of phone numbers. We now have to remember passwords for each of our internet accounts, as one person often has dozens of them. You've probably also heard a lot about the value of strong passwords for each account and the security of passwords in general. But do you actually follow the guidance of cybe...
Online Dating Risks for Youngsters in 2022
Risk

Online Dating Risks for Youngsters in 2022

Are you also crazy about online dating, but do you know? About online dating risks for youngsters in 2022. You may be a little hesitant to believe it at first, but it is true that there are risks involved in meeting strangers online. Everything is moving online, and the bulk of us spend our free time conversing with friends or browsing the internet. The idea of internet dating has become more popular over the past several years. On dating websites or apps, people can connect after a meeting. For teenagers and young adults, online dating can be thrilling and enjoyable, but it also has certain drawbacks. It can be frightening for children to divulge sensitive information to someone they don't even know. Relationships on social media are becoming more widespread, but heartbreaks and da...
How to Get More Likes on Facebook Page
Reputation

How to Get More Likes on Facebook Page

How to Get More Likes on Facebook Page? Are you looking for the best ways to increase your Facebook page likes, So you are at the right place because today we are here to tell you some amazing tips to increase Facebook Page likes. you need an active community on Facebook to succeed there. Without one, no one will see or read your material, making it challenging to increase brand recognition and produce a return on investment. However, the quality of Facebook Likes is just as important as the quantity. You must target the appropriate audience and engage them in ways that support your corporate objectives. Common sense, comprehension of Facebook's workings, and utilizing free social media monitoring tools to assist you to optimize your page are all equally important for getting succ...
Data Breach Costs Reach New Record High
Risk

Data Breach Costs Reach New Record High

The average cost of a data breach globally now stands at $4.35m, up nearly 13% on 2020 figures and a new all-time record, according to IBM. The tech giant’s annual Cost of a Data Breach Report, now in its 17th year, was compiled from interviews with 550 organizations in 17 countries breached between March 2021 and March 2022. Aside from the headline findings, which represent a 2.6% increase on last year’s report, the firm claimed that consumers are suffering disproportionately from these incidents. It said that 60% of breached organizations put their prices up following a breach, adding to runaway global inflation. Phishing is the most expensive cause of breach events, resulting in average costs of $4.9m for victim organizations, while compromised credential...
Senators Introduce Quantum Encryption Preparedness Law
Risk

Senators Introduce Quantum Encryption Preparedness Law

A bill to help secure US government cryptographic systems against attack from quantum computers has passed the House and has now advanced to the Senate. The Quantum Computing Cybersecurity Preparedness Act introduces requirements for federal agencies to identify systems using cryptography and prioritize them for migration. The Act, co-sponsored by senators Rob Portman (R-OH) and Maggie Hassan (D-NH), calls for every executive agency to create an inventory of all the cryptographic systems in use, along with the IT systems that they will prioritize for migration to post-quantum cryptography. They will also define processes for evaluating the process of that migration. The Office of Management and Budget (OMB) also has a role under the Act. Within 15 months of the law com...
Global Firms Fear the Worst Over Risk Management Failures
Risk

Global Firms Fear the Worst Over Risk Management Failures

Over half (54%) of global organizations believe their risk assessments aren’t mature enough, potentially exposing them to escalating cyber-threats, according to Trend Micro. The security vendor polled over 6290 IT and business decision makers from over 29 countries to compile its latest research. A third (32%) of respondents said that assessing risk is the main area of attack surface management they struggle with. As a result, they feel most exposed to ransomware (83%), phishing (85%) and IoT attacks (81%). Many (28%) said they are struggling with manual approaches to attack surface mapping, while a third (32%) claimed they’re laboring with multiple tech stacks. As a result, only two-fifths (40%) can accurately use risk assessments to detail things like attack attempt freq...
Racoon Stealer is Back — How to Protect Your Organization
Risk

Racoon Stealer is Back — How to Protect Your Organization

The Racoon Stealer malware as a service platform gained notoriety several years ago for its ability to extract data that is stored within a Web browser. This data initially included passwords and cookies, which sometimes allow a recognized device to be authenticated without a password being entered. Racoon Stealer was also designed to steal auto-fill data, which can include a vast trove of personal information ranging from basic contact data to credit card numbers. As if all of that were not enough, Racoon Stealer also had the ability to steal cryptocurrency and to steal (or drop) files on an infected system. As bad as Racoon Stealer might have been, its developers have recently created a new version that is designed to be far more damaging than the version that previously existed....