4 Ways Hackers use Social Engineering to Bypass MFA

When it comes to access security, one recommendation stands out above the rest: multi-factor authentication (MFA). With passwords alone being simple work for hackers, MFA provides an essential layer of protection against breaches. However, it's important to remember that MFA isn't foolproof. It can be bypassed, and it often is.  If a password is compromised, there are several options

How Hackers Phish for Your Users' Credentials and Sell Them

Account credentials, a popular initial access vector, have become a valuable commodity in cybercrime. As a result, a single set of stolen credentials can put your organization’s entire network at risk. According to the 2023 Verizon Data Breach Investigation Report, external parties were responsible for 83 percent of breaches that occurred between November 2021 and October 2022.&

Are You Willing to Pay the High Cost of Compromised Credentials?

Weak password policies leave organizations vulnerable to attacks. But are the standard password complexity requirements enough to secure them? 83% of compromised passwords would satisfy the password complexity and length requirements of compliance standards. That’s because bad actors already have access to billions of stolen credentials that can be used to compromise additional accounts by

Key Cybersecurity Tools That Can Mitigate the Cost of a Breach

IBM's 2023 installment of their annual "Cost of a Breach" report has thrown up some interesting trends. Of course, breaches being costly is no longer news at this stage! What’s interesting is the difference in how organizations respond to threats and which technologies are helping reduce the costs associated with every IT team’s nightmare scenario.  The average cost of a breach rose once again

What's the State of Credential theft in 2023?

At a little overt halfway through 2023, credential theft is still a major thorn in the side of IT teams. The heart of the problem is the value of data to cybercriminals and the evolution of the techniques they use to get hold of it. The 2023 Verizon Data Breach Investigations Report (DBIR) revealed that 83% of breaches involved external actors, with almost all attacks being financially motivated

Local Governments Targeted for Ransomware – How to Prevent Falling Victim

Regardless of the country, local government is essential in most citizens' lives. It provides many day-to-day services and handles various issues. Therefore, their effects can be far-reaching and deeply felt when security failures occur. In early 2023, Oakland, California, fell victim to a ransomware attack. Although city officials have not disclosed how the attack occurred, experts suspect a

Preventing Insider Threats in Your Active Directory

Active Directory (AD) is a powerful authentication and directory service used by organizations worldwide. With this ubiquity and power comes the potential for abuse. Insider threats offer some of the most potentials for destruction. Many internal users have over-provisioned access and visibility into the internal network. Insiders' level of access and trust in a network leads to unique

Does Your Help Desk Know Who's Calling?

Phishing, the theft of users' credentials or sensitive data using social engineering, has been a significant threat since the early days of the internet – and continues to plague organizations today, accounting for more than 30% of all known breaches. And with the mass migration to remote working during the pandemic, hackers have ramped up their efforts to steal login credentials as they take

A Hackers Pot of Gold: Your MSP's Data

A single ransomware attack on a New Zealand managed service provider (MSP) disrupted several of its clients' business operations overnight, most belonging to the healthcare sector. According to the country's privacy commissioner, "a cyber security incident involving a ransomware attack" in late November upended the daily operations of New Zealand's health ministry when it prevented the staff

Cybercrime (and Security) Predictions for 2023

Threat actors continue to adapt to the latest technologies, practices, and even data privacy laws—and it's up to organizations to stay one step ahead by implementing strong cybersecurity measures and programs.  Here's a look at how cybercrime will evolve in 2023 and what you can do to secure and protect your organization in the year ahead.  Increase in digital supply chain attacks  With the

What the CISA Reporting Rule Means for Your IT Security Protocol

The new Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) requires CISA to create rules regarding cyber incident reporting by critical infrastructure organizations. The RFI and hearings precede a Notice of Proposed Rulemaking (NPRM) that CISA must publish sooner than 24 months from the enactment of CIRCIA, which the President signed into law in March. The sessions and

Why Ransomware in Education on the Rise and What That Means for 2023

The breach of LA Unified School District (LAUSD) highlights the prevalence of password vulnerabilities, as criminal hackers continue to use breached credentials in increasingly frequent ransomware attacks on education. The Labor Day weekend breach of LAUSD brought significant districtwide disruptions to access to email, computers, and applications. It's unclear what student or employee data the

IT Security Takeaways from the Wiseasy Hack

Last month Tech Crunch reported that payment terminal manufacturer Wiseasy had been hacked. Although Wiseasy might not be well known in North America, their Android-based payment terminals are widely used in the Asia Pacific region and hackers managed to steal passwords for 140,000 payment terminals. How Did the Wiseasy Hack Happen? Wiseasy employees use a cloud-based dashboard for remotely

Shopify Fails to Prevent Known Breached Passwords

A recent report revealed that ecommerce provider, Shopify uses particularly weak password policies on the customer-facing portion of its Website. According to the report, Shopify's requires its customers to use a password that is at least five characters in length and that does not begin or end with a space.  According to the report, Specops researchers analyzed a list of a billion passwords

What the Zola Hack Can Teach Us About Password Security

Password security is only as strong as the password itself. Unfortunately, we are often reminded of the danger of weak, reused, and compromised passwords with major cybersecurity breaches that start with stolen credentials. For example, in May 2022, the popular wedding planning site, Zola, was the victim of a significant cybersecurity breach where hackers used an attack known as credential

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