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GUEST ESSAY: A roadmap for the finance teams at small businesses to improve cybersecurity

The Last Watchdog

If you’re a small business looking for the secret sauce to cybersecurity, the secret is out: start with a cybersecurity policy and make the commitment to security a business-wide priority. Related: SMBs too often pay ransom Small businesses, including nonprofit organizations, are not immune to cyberattacks.

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Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S.

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Is Your Small Business Safe Against Cyber Attacks?

CyberSecurity Insiders

Just because you are running a small business doesn’t mean you are out of the reach of cybercriminals and hackers. In fact, small businesses are more susceptible to security breaches and cyberattacks because most often they dont expect the attack, thus are unprepared to handle the situation. Upgrade your IT set up.

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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. In the case of Zelle scams, the answer is yes. ” UNAUTHORIZED FRAUD.

Banking 292
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Unpatched Cisco critical flaw CVE-2018-15439 exposes small Business Networks to hack

Security Affairs

Cisco Small Business Switch software is affected by a critical and unpatched vulnerability (CVE-2018-15439) that could be exploited by a remote, unauthenticated attacker to gain full control over the device. it ties the default configuration on the devices that includes a default, privileged user account.

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MY TAKE: A path for SMBs to achieve security maturity: start small controlling privileged accounts

The Last Watchdog

These hacking waves contribute to the harvesting of account credentials and unauthorized access to loosely-configured servers; and these ill-gotten assets can, in turn, be utilized to execute different stages of higher-level hacks, such as account takeovers and ransomware campaigns. Password concierge. Remote desktop risks.

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Watch out for these 3 small business cybersecurity mistakes

Malwarebytes

May 2 marks the start of National Small Business Week , a week that recognizes “the critical contributions of America’s entrepreneurs and small business owners”, and promises to “celebrate the resiliency and tenacity of America’s entrepreneurs.” Thinking you are not a target.