Tag: risk

What is NFT And Types of NFT scams
Business

What is NFT And Types of NFT scams

The NFT industry surged in 2021, reaching a value of roughly $22 billion and drawing in about 185,000 distinct wallets in addition to an estimated 280,000 buyers and dealers. However, as the market has expanded, cybercrime has also expanded, as seen by eye-catching instances of NFT fraud, NFT art scams, and NFT game scams. Continue reading to find out more about What is NFT And Types of NFT scams. 1. What is an NFT (Non-Fungible Token)? NFT, or "non-fungible token," is an acronym. Fungible, which basically means interchangeable, refers to things like bitcoins since you can swap one for another and still have the same amount of money. Because it is distinct and cannot be directly replaced by another NFT, an NFT is non-fungible. Anything digital, including images, videos, audio data, ...
What To Do If Personal Privacy is Breached
Risk, Security

What To Do If Personal Privacy is Breached

Monitoring services are now a critical component of contemporary cyber security. These services, which are frequently included with expensive antivirus software, are essential for protecting your personal information. Data breaches occur frequently, but businesses have up to 90 days to inform you if they are discovered. Your exposed credentials or other identifying information could be exploited by other bad actors to do significant harm during that period if it is not safeguarded. Monitoring services will alert you more quickly, giving you the chance to take urgent action in the event that any of your information is made publicly available online due to a breach or personal attack. Here's what you need to do to lessen the effects if that occurs. So, without any delay let's know wha...
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...
Don’t Take Your Cards with You : Phone Wallets   That are Safe to Use in 2022
Availability, Resources

Don’t Take Your Cards with You : Phone Wallets That are Safe to Use in 2022

Although many individuals hardly ever use cash these days, the time when using a debit card was common may also soon be history. With the introduction of digital wallets, more customers are forgoing their cards and cash in favor of a quicker and more secure payment method. These wallets make use of the strength and functionality of smartphones. Here are some important facts concerning phone wallets and a list of phone wallets that are safe to use in 2022 What are digital wallets or phone wallets? The terms "phone wallet," "digital wallet," and "eWallet" all refer to the same thing: the "wallet" is an app on your phone that houses information about your credit, debit, and gift cards. A digital wallet does not really keep your card number for security reasons (except with gift card...
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...
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....