Digital Banking App Dave Suffers from Security Breach
The banking app Dave announced they had encountered a security breach after a cyber-hacker published the sensitive information of over seven million users on a public forum. The company stated the security breach stemmed from a…
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Why Small and medium-sized enterprises are Expanding Cyber Insurance Budgets
During this time of uncertainty, industries are particularly vulnerable to cyber breaches. Last year alone, ransomware targets forfeited over $1.3 billion to hackers, including high-profile victims like hospitals, airlines and retailers. However, small businesses are…
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Malicious Chrome Extensions Downloaded Millions of Times
Google has deleted scores of fake and malicious Chrome extensions used in a devastating global eavesdropping effort. Identified by Awake Security, the threat was found in 111 of malicious extensions over the last three months….
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North Korean COVID-19 Phishing Scandal Targets US
Security experts are sounding the alarm on a multi-country North Korean phishing effort created to sponge off of government COVID-19 bail-out initiatives. Pyongyang’s Lazarus Group’s latest operation is designed to “impersonate government agencies, departments, and…
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Amazon Fights off Largest Ever DDoS Attack
Amazon announced its cloud-services provider, Amazon Web Services, recently fended off the greatest DDoS cyber-attack in history. Amazon web services, which offers the very infrastructure hundreds of companies rely on, defended itself against a Distributed…
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Plan Sponsor Cybersecurity Responsibilities
If you are a plan sponsor, you set up retirement plans for your employees. Retirement benefit plan administrators harbor personal information of employees, like social security numbers and email addresses, in myriad electronic records. Plan…
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The Great Data Heist: The 21st Century’s Biggest Data Breaches
As we move further into the 21st century, cyber attacks and data breaches are becoming more and more prevalent. Personal information, including social security numbers and private email exchanges are becoming publicly available thanks to…
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43% of Data Breaches Victims Are Small Businesses
The 2019 Verizon Data Breach Investigation Report, which tracked 41,686 security incidents from 86 countries and 73 different data sources, including 2013 total data breaches, has been released and states that small businesses were the…
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Protect Your Retirement Plan with Effective Cybersecurity Measures
In the new digital age, retirement plan participants are utilizing electronic platforms to access their 401(k) accounts. As all this vital, personal information moves online, your plan becomes more susceptible to fraud schemes and data…
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