What you NEED to know about the latest Cyber Fraud!
The FBI just released a warning to all US businesses of an increase in email phishing scams—especially those targeted at CEOs. The business email compromise scams (aka, BECS) is a scheme that many businesses like yours have already fallen for.
While I have been talking my head off about security issues, like phishing attacks, for a while now, I couldn’t quantify the damage cyber scams have been wreaking on businesses similar to yours—that is until the latest FBI report revealed the details I’ve been hoping weren’t so bad!
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Thousands attacks spread around the globe—many targeting the US.
How do you where these hackers were located? The Internet is based on Internet Protocol (IP) addresses. Every country has different IP addresses and every place, every organization has some connection via an IP address.
By checking international IP codes, we can trace incoming and outgoing network traffic over a network. Because there are so many computers linked in cyberspace nowadays, it’s easy for a single hacker to infect thousands or even hundreds of thousands of computers with one attack.
While major cities are big targets, we find that many are aimed in your neck of the woods!
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The secret to our success
I can’t believe Dynamic Edge has been helping businesses get rid of their computer headaches for 17 Years! It feels like yesterday when I started DE from my college dorm room. How we have improved since then!
Not to toot our own horn too much, but I think we’ve accomplished a lot since DE’s start—always aimed at giving our customers the best technical support possible.
Here are some of the facts:
—We enjoy helping people— According to a recent study, going out of your way to help people actually reduces stress. So that is what we do, we go above and beyond. In fact, the industry standard is 84% positive interactions, and we run at 96% positive responses from our users on our help.
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Nowadays, the reality is that business networks get breached daily—and the fact is that the less security measures you take, the more likely you are to a severe hack regardless the size of your business. But what you might not realize is the more security measures you take to prevent a breach, the more downstream savings.
In this post, I will highlight how investing up front in network security will pay off big time! I call it the Cybercrime Snowball Effect because with every breach comes exponentially more costs.
You prevent your network getting infected—first and foremost, you avoid having malware installed and slowing down your machines. Malicious software commonly takes up processing time, uses resources and takes up space on local machines. The first few snowflakes form from your individual workers not getting their work done—or having problems with latency, slow computers and individual computer headaches!
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Getting Security Right Takes More Than Luck!
Cybersecurity has been an on-going and pressing issue for quite some time. What’s hard to fathom is that many businesses seem to fall way short on security—including the easy stuff!
Why is it so hard for enterprises to get security right?
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Another day at work.
Sifting through a hundred emails, carefully avoiding to click on the suspicious ones that might be spam or even worse intentioned phishing emails. DE just sent you an update on recent phishing attacks and you are up to speed with some of the current email tactics.
You’re completely informed and know how to deal with suspicious emails.
It’s 2 pm and after getting a pick-me-up coffee to round out the day, you return to your desk and realize a message from Microsoft on your computer. It says: “Your computer has been infected. Please call 1-888-643-9730.”
You dial the number and talk to a representative that thanked you for calling and told you she was going to walk you through fixing the virus problem on your machine. She would be removing the virus for free, but needs you to buy a $99 antivirus product to make sure the infection was completely removed.
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