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How A Third-Party Data Breach Impacts Cybersecurity At Your Business Aug 05, 2019
With the average American adult maintaining over 130 different accounts online, the risk of a data breach or data being stolen continues to grow. Between social media, financials, productivity applications, email, business applications, online shopping and countless other accounts online, your “online life” becomes more and more a part of your day to day physical life as time passes.
As more of our lives and data are shared online, criminals are focused on breaking into these databases to steal the valuable info they hold:
- Personal Info such as name, address, dates of birth, social security numbers etc.
- Financial information such as bank info, credit cards etc.
- Social Information on social media accounts
This is a real problem facing consumers globally but the impacts span beyond individual damages and stolen identities (though, those damages are bad enough).
When a criminal steals your password, or the password of a coworker, chances are – they’ve gained access to many pieces of your “online life”.
Here’s an example to illustrate how a third party data breach can lead a criminal back to your business.
Your HR manager helps book travel for employees at the business. He set up a business account at a national hotel chain to book rooms for whatever the business travel needs are. The hotel chain’s database suffers a breach and cybercriminals steal thousands of email/password combos including your HR manager’s credentials.
Your HR manager used the same password he uses for all kinds of sites online when he created the login at the hotel company site. This means that the criminals who have this breached data, now have access to your payroll software, servers and all the other things your HR manager interacts with.
The criminals either use this data themselves or take it to the Dark Web to sell for a few dollars (password/email combinations go for $3-$5 on average on the Dark Web).
Breaches like these happen daily and criminals use the information they steal to do as much damage as they can.
This creates a unique problem for business owners and managers because what can you possibly do to protect yourself from a data breach happening at a hotel chain or some other account online?
Things get even trickier when the average span of time between a data breach and disclosure to the public reaches 15 months. Meaning, criminals have a 15-month head start to get to your business and do damage before your are notified on the 5 o’clock news or your social media feed.
So, how can you defend against this kind of thing?
First, implement a password policy at your business:
- Strong Passwords Required
- Change Passwords Regularly (90 days minimum)
- Dual Authentication
- Lockout Procedures
Second, roll out a password management tool across your organization.
As mentioned earlier, the average adult in America manages over 130 accounts online. It is no wonder that we have a hard time creating strong and unique passwords for each of those accounts. It would be nearly impossible to remember all of that without writing things down – which isn’t secure.
To bridge the gap between security and memory, implement a password management tool. Look for something that is encrypted, secure and be sure to consider mobile capabilities. We recommend LastPass as a great option to start.
Third, invest in Dark Web Monitoring
Dark Web Monitoring is still a newer service offered to businesses and professionals. This is a monitoring solution designed to scrub different areas of the Dark Web (chatrooms, discussion boards etc.) for data connected to your domain.
If we apply Dark Web Monitoring to the example above with the HR Manager for instance – when the criminals stole data from the hotel chain and went to sell/share it on the Dark Web, the monitoring tool would identify your IT company to have the HR manager change passwords. That way, the criminals have useless data and you are protected well before you learn about the breach 15 months later.
The post How A Third-Party Data Breach Impacts Cybersecurity At Your Business appeared first on Andromeda Technology Solutions.What is the Dark Web and why it matters for your business Mar 29, 2019
Ransomware, cybercrime, hackers . . .
It’s safe to say that you’ve at least heard of these terms in the news and if you are like most people, you’ve heard them over and over on the news, in the office and just in everyday conversation for the past few years.
This progression in the cybersecurity world may come with unique phrases and buzzwords but the trend itself is nothing new. Since the internet’s beginning, there have been people working to cause chaos.
Think computer viruses, Trojan horses, scams, spam, malware etc.
Like most technology, the internet is used predominantly for good. But, there are always a few bad apples who take good technology and choose to use it with less than the best intentions. And while there have always been “bad guys” out there trying to disrupt good works from being done, over the last decade and specifically in the last few years we’ve seen an incredible increase in spending, vulnerability and rates of incident for large scale cyber-attacks.
To put this in perspective, spending on cybersecurity is projected to exceed 1 trillion dollars by 2021. In 2017, information security (a subset of the cybersecurity industry) spending hit over 86 billion dollars.
On top of this, there has been a dramatic increase of incidents in the small to medium sized business arena. When a local business gets hit, it may not make the 5 o’clock news like Home Depot or Target, but it hurts just the same – and maybe even more.
The crazy thing when it comes to cybercrime, ransomware and other infections is that you can be doing regular updates, implement antivirus etc. and you still can fall victim to identity theft, breaches and other cyber incidents.
All of this cyber-security and cyber-crime discussion lays the groundwork for this Dark Web discussion.
What is the Dark Web?
First, what is the Dark Web? In a simple and brief explanation, the Dark Web is a mostly anonymous space online that you need special software to access. The experience is much like a normal internet browser but the sites and activities available are very different.
Many times the Dark Web is described using an iceberg illustration.
- The internet as we know it is what you can see above sea level.
- There is a larger space just below the surface of the iceberg where the ‘darknet’ lives, this is dominantly used for large data stores. Financial records, academic databases, government records etc. live here.
- Then there is the bottommost layer of the iceberg, this is the Dark Web – here you’ll find illegal activity like drug trafficking, illegal gun sales, and even personal data for sale.
Now, you may be thinking,
“This is interesting information but what in the heck does the Dark Web have to do with me? Why do I care about it? I don’t use it. I don’t know anyone who does. . .” And we get that, but even if you don’t use the Dark Web you may be on it.
The Dark Web is one of the largest sources of stolen data available to criminals. While some may use it to buy goods, other criminals purchase pieces of your information like credit card information, passwords, social security information and more to use for their own purposes.
When cybercriminals go to places like your local grocery store, Experian and other sites to wreak havoc, the information they steal ends up for sale on the Dark Web.
All of this taken into consideration, the everyday consumer and business professional shouldn’t be scanning these areas of the web to try and protect their data.
Instead, a business professional like yourself should make sure that you are following proper security protocols:
- Anti-Virus Software Regularly Updated and on every device
- Proper Firewalls and regular updates
- Employee training
- Regular Professional Backups (also regularly tested and verified)
- Disaster Recovery Plan
- Spam filtering
- Encourage employees to speak up if they see a weird email or link
- Bring in professional cyber security consulting
With all of these items and a few more in place, you make it much more difficult for a cyber-criminal to get into your network and steal your data. This in turn will help keep your data and that of your employees off of the Dark Web. Of course, nothing is foolproof and that is why an exceptional cyber-security partner should offer Dark Web monitoring.
Dark Web monitoring is a program some IT professionals offer businesses where scans are going on constantly in the background and are looking for a specific domain. When the scan recognizes your domain in a database, it flags the software and you are alerted to change passwords or address the breach.
This way, you are always a step ahead of the criminals without lowering yourself to the “Dark Web” itself.
We hope you found this first installment in our Dark Web series helpful. Look out for our next article in February focused on 5 ways you can keep your information off of the Dark Web entirely.
The post What is the Dark Web and why it matters for your business appeared first on Andromeda Technology Solutions.CafePress Users Are Latest To Have Information Breached Aug 19, 2019
Hardly a week goes by that we don't see another major data breach making the headlines.
The latest company to fall victim to hackers is CafePress.
They are well-known on the internet for offering a platform where users can create their own customized coffee mugs, tee shirts and the like.
The company didn't make a formal announcement about the breach, and users only became aware of it when they started getting notifications from Troy Hunt's "Have I Been Pwned" service. Once word started leaking out, Hunt joined forces with security researcher Jim Scott, who had worked with Hunt in the past tracking down other data breaches.
Working together, they discovered a de-hashed CafePress database containing nearly half a million accounts was being sold on black hat forums.� The researchers could not confirm, however, if these records were related to the most recent breach, or some previous one.
In any case, as they probed more deeply, they discovered that the company was actually hacked back in February of this year (2019), and that it was a significant breach. That breach exposed more than 23 million user records.� Based on their findings, the hack exposed email addresses, names, passwords, phone numbers and physical locations.
To date, CafePress has not made a formal announcement about the matter, nor acknowledged the breach in any way. Although if you are a CafePress user, you will be forced to reset your password the next time you log on.
While that's a good step, it's completely at odds with the company's clumsy handling of the issue.� Password resets are not breach disclosures and notifications, and shouldn't be treated as such.� File this away as an example of how not to handle a breach if your company is hacked.