More than 4 Billion Records Stolen in First Half of 2019

1. 20 Texas cities attacked by ransomware

The City of Borger, along with 20 other Texas municipalities, recently suffered a ransomware attack that disabled the city’s ability to conduct business. The attack was part of a targeted effort, and it cut off access to basic city services like public records, bill payments and communications systems. The city has been able to restore several functions without paying the ransom, but several services remain unavailable.

Many public entities such as cities and counties struggle to implement adequate cyber security solutions. DiamondIT works closely with municipalities to manage their networks within restrained budgets and long planning cycles.

Do You Know the True Cost of Cyberattacks?

Cities, enterprises, nonprofits, small businesses and your organization are all united by one commonality: the threat cybercriminals pose. A successful attack harms more than your finances and will impact every facet of your business. 60% of small businesses will close after being hit with a cyberattack. The right IT investments prevent attacks and limit downtime and damage during a worst-case scenario. Below are 4 costs to consider and the solutions you can use to protect your business.

5 Cyber Incidents You Need to Know About

1. Thousands of patients exposed in L.A. County Dept. of Health data breach

A recent phishing attack on the Los Angeles County Department of Health released names, addresses, dates of birth and Medi-Cal identification numbers to third-party hackers. Although the county reports there is no evidence at this time that this information is being misused, you should enroll in the provided credit and identity monitoring services being offered.

SMBs: It is possible to check if your company has information for sale on the Dark Web. Once you know if your credentials are compromised, you can act. Sign up for a Free Dark Web Scan here.

2019 Cyberthreat Predictions

Cybercrime is not a new problem, but one that keeps evolving as technology itself progresses.  As we enter into 2019, the cybercrime conundrum continues: it is not a matter of IF a company or institution will be targeted by cybercriminals, but WHEN.

Five Tips for Developing a Cybersecure Culture in Your Organization

Every year in October, the Department of Homeland Security (DHS)  promotes National Cybersecurity Awareness Month – a time when organizations are asked to take stock of the state of their network security.  However, as we head into the holiday season, with Cyber Monday and other online sales and promotions abound – cybersecurity for both businesses and consumers is an issue everyone should pay attention to year-round.

Embracing Compliance Can Save Money and Reputation

Data is the DNA of any business or organization.  And your data – whether it’s research and development, payroll information, client payment details, or any other mission-critical information – is up for grabs by cybercriminals who want nothing more than to sell stolen data on the dark web.

Artificial Intelligence is Major Player in Detecting, Preventing and Prioritizing Cyber-Threats

It’s a good news-bad news scenario:  Many IT teams, from government to agriculture to healthcare and everything in between, are receiving an abundance of threat notifications from their next-gen firewalls and operating systems. The cause? Suspicious malware lurking in an organization’s network.

Microsoft 365 Users Beware: Fraudulent Emails Are Out to Steal Your Passwords

 

Have you received what looks like a very legitimate email suggesting you need to upgrade your Microsoft 365 account?  Maybe the IRS sent you a notification regarding a “critical alert” via email?  If so, do not engage!  A new wave of phishing attacks is trying to get users to respond to fake emails that could easily infect your computer with a virus that can compromise your passwords.

How to Talk about Cybersecurity to your Board: Cybersecurity Risk Management Oversight Tool

It is no secret that cybercrime has hit a record high. Reports from The Center for Strategic and International Studies and McAfee are estimating that worldwide cyberattacks – including online fraud, financial crimes, post-breach mitigation, cyber insurance and more – are costing the world a whopping $600 billion —  a $150 billion increase over 2014.

Taking into mind that any organization, large or small, can be hit with ransomware, DDoS attacks, and other cyberattacks, the Center for Audit Quality has announced a new tool to help board members, management, and CPA firms have a strategic discussion about cybersecurity risks, mitigation processes, and disclosures.

CyberSecurity Trends – A Year in Review

Now that we are a few months into 2018, security analysts are able to look back on 2017 and analyze leading cybersecurity trends. Not surprisingly, according to the Cisco 2018 Annual Cybersecurity report, there was an elevenfold increase in malware last year.

“Adversaries are becoming more adept at evasion— and weaponizing cloud services and other technology used for legitimate purposes,” the report declares.

The following are some of the major cybersecurity trends of 2017:

Ransomware Families Up 32%, Total Ransomware Threats Down 41%
According to Dark Reading, the growth in ransomware attacks hit a plateau, while the number of ransomware families rose considerably. As cybercriminals become more adept in targeting individuals and organizations, the variety of ransomware attacks are evolving. Not surprisingly, the WannaCry variant dominated the landscape – making up 57% of all ransomware detected last year.