2017

January 13, 2017
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Many savvy businesses are investing time and thought into data breach response plans. But plans rarely survive first contact with the enemy. That's why it's important to stress test your incident response plan to find and resolve its weaknesses while time is on your side.

Studies show that a swift response to a security incident retains customer trust—and saves costs. Breaches contained within 30 days of discovery cost an average of $5.24 million. If it takes more than 30 days to...

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January 13, 2017
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It’s difficult to imagine life without the internet. But the very same wonderful attributes that make it convenient and accessible also bring significant risks.

Hackers and thieves gladly exploit these vulnerabilities, and in recent years they’ve become increasingly brazen, their schemes more sophisticated and slippery than ever.

At CyberScout, we believe prevention is key to keeping your identity and data safe in 2017 and beyond. But you, the consumer, are the first line of...

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January 12, 2017
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Tax day is months away, but take steps now so you can file your return early—before identity thieves beat you to the punch.

Many victims of tax-related identity theft uncover the fraud after they have filed their returns, leading to delayed refunds and additional problems with the IRS and Social Security Administration.

One way to stay ahead of the bad guys is to file your taxes early, in...

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January 11, 2017
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A new scam targeting Netflix users is being reported by a cyber security company that says the scammers are trying to get credit card and other personal information.

FireEye Labs first reported the phishing scam earlier this week, saying customers should be wary of any emails asking them to update their Netflix member information. Netflix had not posted any guidance for customers on its blogs nor released an official statement at the...

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January 11, 2017
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As 2017 unfolds, ransomware is becoming one of the biggest security headaches for organizations and individuals alike. And criminals are capitalizing on this newly lucrative niche.

Ransomware attacks have grown rapidly in number, sophistication, and the amount demanded. According to Kaspersky, 62 new ransomware families were discovered by the third quarter of 2016. Meanwhile, the number of attacks on businesses grew from one every...

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January 7, 2017
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More troubling evidence that banks and retailers push convenience on consumers to boost profits—while knowingly making it easier for criminals to steal—arose this week. Case in point: the terribly bungled rollout of newfangled “eATM” cash machines by Chase. Last year, you may recall, Chase promised to upgrade all its ATMs to this fun new technology.

The so-called eATMs use smartphones instead of debit cards to authenticate...

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January 6, 2017
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Have you seen the Geico ad with the talking parrot? A 19th-century ship is boarded, the captain surrounded by pirates. The leader shouts, “Let’s feed him to the sharks,” (pirate cheers and swords held high) “and take all his gold” (more cheers). The parrot repeats these lines, and adds, “and hide it from the crew. They’re all morons anyway.”

The voiceover at the end of the Geico ad explains, “If you’re a parrot, you repeat things....

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January 1, 2017
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More organizations than ever, especially small and medium-size ones, will seek to account for the fast-rising risk of suffering a cyber attack in 2017 by buying a cyber liability policy.

The general state of security of U.S. business networks remains anemic when compared to the vast and growing capabilities of hackers with malicious intent. Companies are beginning to realize the value of offsetting this risk to an insurance...

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