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Ransomware attacks that shut business down to zero and data breaches that disclose the personal information of customers, vendors and employees justifiably strike fear in the hearts of executives everywhere. Organizations can...more
Phishing has long been a favorite tactic for threat actors (hackers) to commence a cyberattack. The rapid expansion of more adaptable and available artificial intelligence (AI) technologies, such as natural language...more
Cybercrime is at an all-time high, with just the cybercrime insurance industry alone expecting to grow from $8 billion globally in 2020 to $20 billion by 2025.1 Although cyber liability insurance policies now exist to help...more
If you are an organization that uses Microsoft Office 365 as your email platform, be on the lookout for a new tricky phishing attack recently used by cyber criminals. ...more
You receive an email saying that due to COVID-19, a number of regularly scheduled meetings are moving to new dates and times. While hovering over the conveniently provided email link to your calendar, you notice the email...more
Confirming what we are seeing in the field, cybersecurity firm Cybersecurity Ventures has predicted that, globally, businesses in 2021 will fall victim to a ransomware attack every 11 seconds, down from every 14 seconds in...more
After the killing of Qassem Soleimani on January 3, 2020, by the U.S. government, the cybersecurity news industry has been abuzz about whether Iran will engage in cyber terrorism, and if so, to what degree, as part of its...more
Artificial intelligence (“AI”) has made astounding advancements in recent years. Driven by incredible computing power, AI has the potential to change nearly every industry. AI is touted as having the potential to reduce...more
Did you know Americans lost nearly $150 million dollars to real estate internet scams last year? That makes real estate cyber crime a greater risk to Americans than identity theft ($100 million in losses) or credit card fraud...more
For several years now, we’ve been alerting employers about the dangers of phishing scams that attempt to obtain private and personal information from employers... Many of these scams rear their ugly head around tax season,...more
Cyber-security has become – or perhaps should be – a key area of concern for every enterprise. The risks are substantial for the firm, its shareholders, executives and customers as recent cases illustrate....more
On Oct. 16, 2018, the Securities and Exchange Commission (the “SEC”) released a cautionary report discussing whether certain public companies that had become victims of cyber-related fraud may have violated federal securities...more
On October 16, 2018, the Securities and Exchange Commission (SEC) issued a report outlining an investigation conducted by the SEC’s Division of Enforcement related to the internal accounting controls at nine public companies...more
Cybercrime is an ever-increasing threat from which manufacturers are not immune. Although reliable statistics are not available, one particular type of scheme that seems to be on the rise is vendor payment fraud. In cases of...more
An old trick is coming back and working. It is a wire fraud scheme targeted at homeowners instead of businesses, and it is happening at an alarming rate....more
When seasoned investigators are exposed to online scams, the protective warnings they give to others on social media safety and internet fraud suddenly become real. Read on to see how one of our own dodged an online rental...more
Hackers are clever at exploiting weaknesses in an organization’s systems. They are also efficient. After an organization installs robust cybersecurity controls, hackers will typically look for an easier target or they will...more
Originally published in the Upstate Business Journal on February 15, 2018. Meet Peter — a longtime employee and the backbone of your business’s day-to-day finance and accounting operations. Today he got an email from the...more
Protecting your digital assets is as important as protecting your physical assets. Never think, “It won’t happen to me”—everyone has something that cyber criminals can steal. Stay secure by following a few basic guidelines....more
The headline’s become all too familiar: “Cyber thief hacks real estate broker’s email, steals retired couple’s nest egg,” or something similar. The past few years have seen a dramatic increase in such incidents, with the FBI...more
Sometimes, it’s easy to know you’re being phished. There’s little chance that a bank administrator in a country you’ve never heard of really needs your help to get the unclaimed money of a deceased, rich foreigner out of the...more
Starting on Friday, May 12th , computers in countries around the world have fallen victim to the latest ransomware attack. As of Monday morning, it is estimated that more than 150 countries have infected systems, totaling...more
On Saturday May 13, 2017 the Federal Bureau of Investigations (FBI), Cyber Division, in conjunction with the Department of Homeland Security issued an FBI FLASH report pertaining to indicators associated with the latest...more
In a case of “cyber meets securities fraud,” the United States Attorney’s Office for the Southern District of New York (“SDNY”) recently indicted three foreign nationals on charges of insider trading, wire fraud, and computer...more
A recent study asked high net worth investors which of the following issues they were most concerned about: terrorism, data security, or a major illness. The most prevalent response might surprise you. Seventy-two percent...more