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Why Small Businesses Are Suddenly Facing Enterprise-Level Cyber Threats

Over the past few years, something has shifted in the cybersecurity world that a lot of small and mid-sized businesses haven’t fully realized yet. The threats that used to be aimed squarely at large enterprises are now showing up every day in organizations with 20, 50, 100, or 300 users. In 2019, attackers stopped caring about the size of the company and started focusing on the softest target with the highest likelihood of paying a ransom. That means the average regional bank,...

Posted on Nov 1, 2024

The Growing Risk of Email Compromise for Financial Services Firms

Financial services have always been attractive to cybercriminals, but in 2019 the attacks have become more subtle, more patient, and much harder to detect. Instead of going after bank networks head-on, attackers are shifting their strategy and focusing on email accounts — especially those belonging to executives, branch managers, underwriters, and employees involved in wire transfers. Business Email Compromise (BEC) is now one of the most financially damaging threats facing banks,...

Posted on Oct 4, 2024