Security Breach – 1 Apr 2021

1April large

Security Breach – 1 Apr 2021

Huge Cybercrime numbers provide food for thought.

In recent security reports released by the FBI show that more than 80% of businesses reported seeing an increase in cyberattacks in 2020.

That means that it’s a smart move to put in a little time to review your cybersecurity plan now and add extra protection against some nasty threats if needed.

2020’s increase in cybercrime was hefty across the board with a 600% increase in phishing emails.

Ransomware defence should also be high on your priority list. This menace isn’t slowing down, and just one incident can devastate your business.

2 in 5 small or medium businesses were hit with ransomware in 2020.

Also an astounding 69% increase in reported cybercrime – and most cybercrime goes unreported.

Make sure that your business doesn’t end up in next year’s report by taking the time to review your protection and bolster it where you can.

If your budget is a limitation, look for multifunctional solutions that can check off many security boxes at once like DUO. It’s packed with value including multifactor authentication which stops 99% of password-related cybercrime.

Cybercrime is continuing its upward trend in 2021.

Take the time to review your security coverage now and make smart updates that protect your business from the rising tide of cybercrime.

Recent Breaches

Australia – Channel Nine

Exploit: Hacking

Risk to Small Business: Extreme: In an especially audacious attack, hackers disrupted broadcast operations at Channel Nine, preventing the station from transmitting its popular Sunday morning news program, which runs from 7:00 am to 1:00 pm out of studios in Sydney as well as its 5 pm evening news broadcast. The 6 pm broadcast was facilitated by studios in Melbourne. The company acted quickly to restore operations.

Risk to Exploited Individuals: No sensitive personal or financial information was declared as compromised immediately but the investigation is ongoing and more details may emerge.

Customers Impacted:  Unknown

United States – CNA Financial – Insurer

Exploit: Ransomware

Risk to Small Business: Severe: Major insurer CNA Financial has disclosed that it was the victim of a purported ransomware attack this week, causing significant network disruption. The company’s email systems have been offline and the underwriting and claims units have been stymied, likely due to systems becoming unavailable. CNA said that they were disconnecting systems for safety and working to restore operations.

Risk to Exploited Individuals: No sensitive personal or financial information was announced as part of this incident, but the investigation is ongoing.

Customers Impacted:  Unknown

Protect your data and systems by implementing a solid cybersecurity plan today. Talk to a TCT team member today and we can show you how.

Robert Brown

Follow us on LinkedIn:

Related Articles:
Rising breach costs
More than 80% of Data Breaches are email based