Posted by ICT

Any cyberattack is dangerous, but the particularly devastating ones are those on supply chain companies. These can be any supplier – digital or non-digital – of goods and services.

We’ve seen several attacks on the supply chain occur in 2021 that had wide-reaching consequences. These are “one-to-many” attacks where victims can go far beyond the company that was initially breached.

Some recent high-profile examples of supply chain attacks include:

• Colonial Pipeline: A ransomware attack caused this major gas pipeline to be shut down for nearly a week.

• JBS: The world’s largest supplier of beef and pork products was hit with ransomware that caused plants in at least three countries to shut down for several days.

• Kaseya: This software company had its code infected with ransomware, which quickly spread to IT businesses that used its products and to roughly 1,500 of their small business customers. 

Why do you need to be worried about supply chain attacks even more so than in the past? Because they’ve been growing and are expected to continue this trajectory.

Supply chain attacks rose by 42% during the first quarter of 2021. A surprising 97% of companies have been impacted by a breach in their supply chain, and 93% suffered a direct breach as a result of a supply chain security vulnerability.

If you’re not properly prepared, then you can be impacted by a breach of software you use or have a vital service or goods supplier go down for several days due to a cyberattack. 

As part of any good business continuity and disaster recovery strategy, you should look at supply chain risks in light of the current increase in attacks and formulate a plan.

How Can You Mitigate Your Risk of Losses Due to an Attack on Your Supply Chain?

Identify Your Supplier Risk

You can’t fix what you don’t know is wrong. So, you need to begin by shedding some light on your risk should one of your vendors get hit with ransomware (the current attack of choice on the supply chain) or another type of breach.

Make a list of all your vendors and suppliers, both for goods and services. This includes everything from the cloud services you use to the company that supplies your office products or any raw materials you may use in a product you sell.

Review these vendors to identify their cybersecurity risks. This is something you may need some help with from your IT partner. We can work with you to review vendor security or send them a survey to find out where they stand as to their cybersecurity, and then determine how much that may leave you at risk as one of their customers.

Create Minimum Security Requirements for Digital Vendors

Come up with some minimum security requirements that you can use as a benchmark with your vendors. One way to make this easier is to use an existing data privacy standard as your requirement. 

For example, if a vendor is GDPR compliant, then you know they’ve adopted several important cybersecurity standards that protect their business, and yours, from an attack.

Do an IT Security Assessment to Learn Where You’re Vulnerable

If the software you use had a vulnerability that was exploited by hackers to take over a system, how much does that leave your systems at risk? Do you have a regular patch application strategy in place to ensure any software updates are applied right away?

You should have an IT security assessment done if you haven’t done one in over a year. This will help you identify how strong your systems would be at preventing a breach or ransomware infection that was coming from a digital supply chain vendor.

Put Backup Vendors in Place Where Possible

If you sell widgets and have a single supplier for one specific part needed for that widget, you’re at a much higher risk of downtime than if you had two suppliers of that part.

If a key vendor of yours is attacked and can’t fill orders or provide services for a week or more, how will that impact your business? This is what you want to consider when setting up backup vendors.

For example, most companies would consider themselves down and not able to operate without their internet. Having a backup internet service provider can help you avoid lengthy downtime should your main ISP go down.

Look at putting this type of safety net in place for all vendors that you can.

Ensure All Data Kept in Cloud Services is Backed Up in a 3^rd Party Tool

Microsoft recommends in its Services Agreement that customers back up their cloud data that is kept in its services (such as Microsoft 365). The policy states, “We recommend that you regularly backup Your Content and Data that you store on the Services or store using Third-Party Apps and Services.”

You should have a backup (in a separate platform) of all data that you store in cloud services, so you’ll be protected in case of a ransomware infection or other data loss or service loss incident.

Schedule A Supply Chain Security Assessment

Don’t be in the dark about your risk. Schedule a supply chain security assessment to learn where you could be impacted in the case of a cyberattack on a supplier.

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This Article has been Republished with Permission from The Technology Press.

Stolen login credentials are a hot commodity on the Dark Web. There’s a price for every type of account from online banking to social media. For example, hacked social media accounts will go for between $30 to $80 each.

The rise in reliance on cloud services has caused a big increase in breached cloud accounts. Compromised login credentials are now the #1 cause of data breaches globally, according to IBM Security’s latest Cost of a Data Breach Report.

Having either a personal or business cloud account compromised can be very costly. It can lead to a ransomware infection, compliance breach, identity theft, and more.

To make matters more challenging, users are still adopting bad password habits that make it all too easy for criminals. For example:

• 34% of people admit to sharing passwords with colleagues
• 44% of people reuse passwords across work and personal accounts
• 49% of people store passwords in unprotected plain text documents

Cloud accounts are more at risk of a breach than ever, but there are several things you can do to reduce the chance of having your online accounts compromised.

Use Multi-Factor Authentication (MFA)

Multi-factor authentication (MFA) is the best method there is to protect cloud accounts. While not a failsafe, it is proven to prevent approximately 99.9% of fraudulent sign-in attempts, according to a study cited by Microsoft.

When you add the second requirement to a login, which is generally to input a code that is sent to your phone, you significantly increase account security. In most cases, a hacker is not going to have access to your phone or another device that receives the MFA code, thus they won’t be able to get past this step.

The brief inconvenience of using that additional step when you log into your accounts is more than worth it for the bump in security.

Use a Password Manager for Secure Storage

One way that criminals get their hands on user passwords easily is when users store them in unsecured ways. Such as in an unprotected Word or Excel document or the contact application on their PC or phone.

Using a password manager provides you with a convenient place to store all your passwords that is also encrypted and secured. Plus, you only need to remember one strong master password to access all the others. 

Password managers can also autofill all your passwords in many different types of browsers, making it a convenient way to access your passwords securely across devices.

Review/Adjust Privacy & Security Settings

Have you taken the time to look at the security settings in your cloud tools? One of the common causes of cloud account breaches is misconfiguration. This is when security settings are not properly set to protect an account.

You don’t want to just leave SaaS security settings at defaults, as these may not be protective enough. Review and adjust cloud application security settings to ensure your account is properly safeguarded.

Use Leaked Password Alerts in Your Browser

You can have impeccable password security on your end, yet still have your passwords compromised. This can happen when a retailer or cloud service you use has their master database of usernames and passwords exposed and the data stolen.

When this happens, those leaked passwords can quickly end up for sale on the Dark Web without you even knowing it.

Due to this being such a prevalent problem, browsers like Chrome and Edge have had leaked password alert capabilities added. Any passwords that you save in the browser will be monitored, and if found to be leaked, you’ll see an alert when you use it.

Look for this in the password area of your browser, as you may have to enable it. This can help you know as soon as possible about a leaked password, so you can change it.

Don’t Enter Passwords When on a Public Wi-Fi

Whenever you’re on public Wi-Fi, you should assume that your traffic is being monitored. Hackers like to hang out on public hot spots in airports, restaurants, coffee shops, and other places so they can gather sensitive data, such as login passwords.

You should never enter a password, credit card number, or other sensitive information when you are connected to public Wi-Fi. You should either switch off Wi-Fi and use your phone’s wireless carrier connection or use a virtual private network (VPN) app, which encrypts the connection.

Use Good Device Security

If an attacker manages to breach your device using malware, they can often breach your accounts without a password needed. Just think about how many apps on your devices you can open and already be logged in to. 

To prevent an online account breach that happens through one of your devices, make sure you have strong device security. Best practices include:

• Antivirus/anti-malware
• Up-to-date software and OS
• Phishing protection (like email filtering and DNS filtering)

Looking for Password & Cloud Account Security Solutions?

Don’t leave your online accounts at risk. We can help you review your current cloud account security and provide helpful recommendations.

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Featured Image Credit

This Article has been Republished with Permission from The Technology Press.

Phishing is the number one method of attack delivery for everything from ransomware to credential theft. We are very aware of it coming by email, but other types of phishing have been growing rapidly.

In recent years, phishing over social media has skyrocketed by 500%. There has also been a 100% increase in fraudulent social media accounts.

Phishing over social media often tricks the victims because people tend to let their guard down when on social platforms like Facebook, Instagram, Twitter, and LinkedIn. They’re socializing and not looking for phishing scams.

However, phishing scammers are out there looking for you and will reach out via friend requests and direct messages. Learn several ways you can secure your social media use to avoid these types of covert attacks.

Make Your Profile Private on Social Platforms

Phishing scammers love public profiles on social media because not only can they gather intel on you to strike up a conversation, but they can also clone your profile and put up a fake page for phishing your connections.

Criminals do this in order to try to connect with those on your friends or connections list to send social phishing links that those targets will be more likely to click because they believe it’s from someone they know.

You can limit your risk by going into your profile and making it private to your connections only. This means that only someone that you’ve connected with can see your posts and images, not the general public.

For sites like LinkedIn where many people network for business, you might still want to keep your profile public, but you can follow the other tips below to reduce your risk.

Hide Your Contacts/Friends List

You can keep social phishing scammers from trying to use your social media profile to get to your connections by hiding your friends or connections list. Platforms like LinkedIn and Facebook both give you this privacy option. 

Just be aware that this does not keep scammers from seeing you as a friend or connection on someone else’s profile unless they too have hidden their friends list.

Be Wary of Links Sent via Direct Message & in Posts

Links are the preferred way to deliver phishing attacks, especially over social media. Links in social posts are often shortened, making it difficult for someone to know where they are being directed until they get there. This makes it even more dangerous to click links you see on a social media platform.

A scammer might chat you up on LinkedIn to inquire about your business offerings and give you a link that they say is to their website. Unless you know the source to be legitimate, do not click links sent via direct message or in social media posts. They could be leading to a phishing site that does a drive-by download of malware onto your device.

Even if one of your connections shares a link, be sure to research where it is coming from. People often share posts in their own feeds because they like a meme or picture on the post, but they never take the time to check whether the source can be trusted.

Don’t Participate in Social Media Surveys or Quizzes

While it may be fun to know what Marvel superhero or Disney princess you are, stay away from quizzes on social media. They’re often designed as a ploy to gather data on you. Data that could be used for targeted phishing attacks or identity theft.

The Cambridge Analytica scandal that impacted the personal data of millions of Facebook users did not happen all that long ago. It was found that the company was using surveys and quizzes to collect information on users without their consent.

While this case was high-profile, they’re by no means the only ones that play loose and fast with user data and take advantage of social media to gather as much as they can.

It’s best to avoid any types of surveys or quizzes on any social media platform because once your personal data is out there, there is no getting it back.

Avoid Purchasing Directly from Ads on Facebook or Instagram

Many companies advertise on social media legitimately, but unfortunately, many scammers use the platforms as well for credit card fraud and identity theft.

If you see something that catches your eye in a Facebook or Instagram ad, go to the advertiser’s website directly to check it out, do not click through the social ad.

Research Before You Accept a Friend Request

It can be exciting to get a connection request on a social media platform. It could mean a new business connection or connecting with someone from your Alma mater. But this is another way that phishing scammers will look to take advantage of you. They’ll try to connect to you which can be a first step before reaching out direct via DM.

Do not connect with friend requests without first checking out the person on the site and online using a search engine. If you see that their timeline only has pictures of themself and no posts, that’s a big red flag that you should decline the request.

Can Your Devices Handle a Phishing Link or File?

It’s important to safeguard your devices with things like DNS filtering, managed antivirus, email filtering, and more. This will help protect you if you happen to click on a phishing link.

Find out how we can help!

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Featured Image Credit

This Article has been Republished with Permission from The Technology Press.

Whether you work remotely or in an office, the line between personal and work tasks can become blurred when working on your company computer. If you’re in front of a computer for most of your time during work, then it’s not unusual to get attached to your desktop PC.

Over time, this can lead to doing personal things on a work computer. At first, it might just be checking personal email while on a lunch break. But as the line continues to get crossed, it can end up with someone using their work computer just as much for personal reasons as work tasks.

In a survey of over 900 employees, it was found that only 30% said they never used their work PC for personal activities. The other 70% admitted to using their work computer for various personal reasons.

Some of the non-work-related things that people do on a work computer include:

• Reading and sending personal email
• Scanning news headlines
• Shopping online
• Online banking
• Checking social media
• Streaming music
• Streaming videos/movies

It’s a bad idea to mix work and personal, no matter how much more convenient it is to use your work PC for a personal task during the day. You can end up getting reprimanded, causing a data breach at your company, or possibly losing your job.

Here are several things you should never do on your work PC.

1. Save Your Personal Passwords in the Browser

Many people manage their passwords by allowing their browser to save and then auto-fill them. This can be convenient, but it’s not very secure should you lose access to that PC.

When the computer you use isn’t yours, it can be taken away at any time for a number of reasons, such as an upgrade, repair, or during an unexpected termination.

If someone else accesses that device and you never signed out of the browser, that means they can leverage your passwords to access your cloud accounts.

Not all older PCs are stored in a storeroom somewhere or destroyed. Some companies will donate them to worthy causes, which could leave your passwords in the hands of a stranger if the PC hasn’t been wiped properly.

2. Store Personal Data

It’s easy to get in the habit of storing personal data on your work computer, especially if your home PC doesn’t have a lot of storage space. But this is a bad habit and leaves you wide open to a couple of major problems:

• Loss of your files: If you lose access to the PC for any reason, your files can be lost forever

• Your personal files being company-accessible: Many companies have backups of employee devices to protect against data loss. So, those beach photos stored on your work PC that you’d rather not have anyone else see could be accessible company-wide because they’re captured in a backup process.

3. Visit Sketchy Websites

You should assume that any activity you are doing on a work device is being monitored and is accessible by your boss. Companies often have cybersecurity measures in place like DNS filtering that is designed to protect against phishing websites.

This same type of software can also send an alert should an employee be frequenting a sketchy website deemed dangerous to security (which many sketchy websites are).

You should never visit any website on your work computer that you wouldn’t be comfortable visiting with your boss looking over your shoulder.

4. Allow Friends or Family to Use It

When you work remotely and your work computer is a permanent fixture in your home, it can be tempting to allow a friend or family member to use it if asked. Often, work PCs are more powerful than a typical home computer and may even have company-supplied software that someone wouldn’t purchase on their own.

But allowing anyone else to use your work computer could constitute a compliance breach of data protection regulations that your company needs to adhere to.

Just the fact that the personal data of your customers or other employees could be accessed by someone not authorized to do so, can mean a stiff penalty.

Additionally, a child or friend not well-versed in cybersecurity could end up visiting a phishing site and infecting your work device, which in turn infects your company cloud storage, leaving you responsible for a breach.

At least 20% of companies have experienced a data breach during the pandemic due to a remote worker.

5. Turn off Company-Installed Apps like Backups and Antivirus

If you’re trying to get work done and a backup kicks in and slows your PC down to a crawl, it can be tempting to turn off the backup process. But this can leave the data on your computer unprotected and unrecoverable in the case of a hard drive crash or ransomware infection.

Company-installed apps are there for a reason and it’s usually for cybersecurity and business continuity. These should not be turned off unless given express permission by your supervisor or company’s IT team

How Secure Is the Device You Use to Work from Home?

Whether you’re working remotely and worried about causing a data breach or are a business owner with multiple remote team members to secure, device protection is important. Schedule a device security checkup today.

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Featured Image Credit

This Article has been Republished with Permission from The Technology Press.

In 2020, 75% of companies around the world experienced a phishing attack. Phishing remains one of the biggest dangers to your business’s health and wellbeing because it’s the main delivery method for all types of cyberattacks.

One phishing email can be responsible for a company succumbing to ransomware and having to face costly downtime. It can also lead a user to unknowingly hand over the credentials to a company email account that the hacker then uses to send targeted attacks to customers.

Phishing takes advantage of human error, and some phishing emails use sophisticated tactics to fool the recipient into divulging information or infecting a network with malware.

Mobile phishing threats skyrocketed by 161% in 2021.

Your best safeguards against the continuous onslaught of phishing include:

• Email filtering
• DNS filtering
• Next-gen antivirus/anti-malware
• Ongoing employee cybersecurity awareness training

To properly train your employees and ensure your IT security is being upgraded to meet the newest threats you need to know what new phishing dangers are headed your way.

Here are some of the latest phishing trends that you need to watch out for in 2022.

Phishing Is Increasingly Being Sent via Text Message

Fewer people are suspicious of text messages than they are of unexpected email messages. Most phishing training is usually focused on the email form of phishing because it’s always been the most prevalent.

But cybercrime entities are now taking advantage of the easy availability of mobile phone numbers and using text messaging to deploy phishing attacks. This type of phishing (called “smishing”) is growing in volume.

People are receiving more text messages now than they did in the past, due in large part to retailers and service businesses pushing their text updates for sales and delivery notices.

This makes it even easier for phishing via SMS to fake being a shipment notice and get a user to click on a shortened URL.

Business Email Compromise Is on the Rise

Ransomware has been a growing threat over the last few years largely because it’s been a big money-maker for the criminal groups that launch cyberattacks. A new up-and-coming form of attack is beginning to be quite lucrative and thus is also growing.

Business email compromise (BEC) is on the rise and being exploited by attackers to make money off things like gift card scams and fake wire transfer requests.

What makes BEC so dangerous (and lucrative) is that when a criminal gains access to a business email account, they can send very convincing phishing messages to employees, customers, and vendors of that company. The recipients will immediately trust the familiar email address, making these emails potent weapons for cybercriminals.

Small Businesses Are Being Targeted More Frequently With Spear Phishing

There is no such thing as being too small to be attacked by a hacker. Small businesses are targeted frequently in cyberattacks because they tend to have less IT security than larger companies.

43% of all data breaches target small and mid-sized companies, and 40% of small businesses that become victims of an attack experience at least eight hours of downtime as a result.

Spear phishing is a more dangerous form of phishing because it’s targeted and not generic. It’s the type deployed in an attack using BEC.

It used to be that spear-phishing was used for larger companies because it takes more time to set up a targeted and tailored attack. However, as large criminal groups and state-sponsored hackers make their attacks more efficient, they’re able to more easily target anyone.

A result is small businesses receiving more tailored phishing attacks that are harder for their users to identify as a scam.

The Use of Initial Access Brokers to Make Attacks More Effective

We just discussed the fact that large criminal groups are continually optimizing their attacks to make them more effective. They treat cyberattacks like a business and work to make them more profitable all the time.

One way they are doing this is by using outside specialists called Initial Access Brokers. This is a specific type of hacker that only focuses on getting the initial breach into a network or company account.

The increasing use of these experts in their field makes phishing attacks even more dangerous and difficult for users to detect.

Business Impersonation Is Being Used More Often

As users have gotten savvier about being careful of emails from unknown senders, phishing attackers have increasingly used business impersonation. This is where a phishing email will come in looking like a legitimate email from a company that the user may know or even do business with.

Amazon is a common target of business impersonation, but it also happens with smaller companies as well. For example, there have been instances where website hosting companies have had client lists breached and those companies sent emails impersonating the hosting company and asking the users to log in to an account to fix an urgent problem.

More business impersonation being used in phishing attacks mean users have to be suspicious of all emails, not just those from unknown senders.

Is Your Company Adequately Protected from Phishing Attacks?

It’s important to use a multi-layered strategy when it comes to defending against one of the biggest dangers to your business’s wellbeing. Get started with a cybersecurity audit to review your current security posture and identify ways to improve.

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Featured Image Credit

This Article has been Republished with Permission from The Technology Press.