Ransomware became three times as lucrative in 2020
Last year was an incredibly lucrative period for ransomware operators, a new report from Palo Alto Networks suggests. The latest report from the company’s cybersecurity unit claims that the average ransom payment almost tripled, while the highest ransom paid was twice as large as the previous record-breaking sum. All of this has emboldened ransomware operators to scale up campaigns, and …
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PrivacyGuard review | ITProPortal
PrivacyGuard is an identity theft protection service that can help you protect your credit and personal information and prevent identity theft. It offers a separate credit and identity plan to cover financial and personal information respectively, and a total protection plan that covers both. In this PrivacyGuard review, we’ll weigh up its pros and cons so you can determine if it’s …
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Majority of cloud users suffered takeover attempts last year
Most businesses using Microsoft’s Office 365 cloud productivity suite have faced multiple attempts to take over legitimate user accounts, highlighting the need to track and secure identities as they move from on-premise solutions to the cloud. This is according to a report from cybersecurity firm Vectra, which claims that 71 percent of Office 365 deployments suffered as many as seven …
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Navigating digital transformation: Beating the odds of failure
In an increasingly tech-centric world, most businesses are beginning to appreciate the importance of being digitally agile, however progress to date has arguably been incredibly slow. Many companies are still unaware exactly how to succeed on a digital transformation journey and underestimate the importance of quality assurance in enabling this change. In fact, only 16 percent of executives say their …
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UK businesses are finally turning to digital payments
The Covid-19 pandemic has exposed all the pitfalls of manual accounts receivable (AR) processes, forcing businesses to introduce greater automation and adopt new technologies. This is according to a new report from global payment technology firm BlueSnap, which asserts that legacy AR processes are impacting cash flow, human resources and talent acquisition, as well as wasting the time of senior …
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Identity theft: What to do if the worst happens
Business owners are constantly hearing about the threat of identity theft, but would you know what to do if you were a victim? Would you feel confident you could act swiftly to minimize any damage? For many entrepreneurs, the answer is no. According to Javelin’s 2020 Identity Fraud Survey, this type of crime affected 13 million American consumers during 2019, …
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Identity theft: How to prevent it happening to your business
It is vital to know how to protect your business and employees in a digital world that regularly provides new avenues of exploitation for criminals. Given that pandemic-hit 2020 saw cases of identity theft double in the USA alone—with nearly 1.4 million cases identified by the Federal Trade Commission (FTC)—the risk to businesses is clear. In this article, we’ll outline …
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Identity theft: What it is, and how it can affect your business
If you’re a business owner, you’re no doubt concerned about any threat to your data and that of your customers, with identity theft being one of the most dangerous forms of cybercrime. In fact, identity theft has become so prevalent that it now affects approximately one in 20 Americans every year, according to Javelin’s 2020 Identity Fraud Survey. But even …
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The pandemic has helped most UK firms speed up digitization
Experts and market analysts have advised organizations to speed up digital transformation for years now, but it has taken a global pandemic to force many into action. This is according to a new report from cloud and hosting services provider IONOS, which found that almost two thirds of UK’s SMEs believe Covid-19 has impacted their digitization efforts. Polling 1,003 UK …
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Cybercrime saw an ‘explosion’ in 2020
Various factors combined to make 2020 a “perfect storm” for cybercrime, a new report from security firm SonicWall claims. The remote working explosion, proliferation of cloud-based solutions and apps, and rise in the value of cryptocurrencies all contributed to growth in cybercriminal activity. Analyzing the 2020 threat landscape, SonicWall said ransomware reached new heights, with the number of incidents growing …
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