Avoiding the Risks Inherent in Your Firm’s Social Media Presence

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More and more companies are developing a social media presence to increase their exposure and reach new clients. Typically, an organization will put a person in charge of the company’s social media accounts and making posts to Facebook, LinkedIn, Twitter and other sites. If managed properly, your organization can reap significant benefits from a creative online presence, but if you mismanage it, the risks can be significant. The dangers that you face include libel risk, reputational damage from posting controversial or misleading material, cyber security risks and copyright infringement risk. To avoid any of these issues, you should have in…
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Hackers Can Tap USB Devices in New Attacks, Researchers Warn

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New research says that USB devices like thumb drives, and even keyboards and mice, pose one of the biggest cyber threats to enterprises. Two scientists and researchers with Berlin’s SR Labs presented on the newest cyber threat at the recent “Black Hat” hacking conference in Las Vegas in a presentation titled: “Bad USB – On Accessories that Turn Evil.” Malicious code can creep into these devices through malware on a computer and be used to hack both personal and business computers, according to SR Labs. Karsten Nohl, chief scientist at the German company, said that hackers or malware can load…
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Pokémon Go and the Dangers to Your Business

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The Pokémon Go craze has exposed people who play the game to new dangers that have previously not been associated with mobile phone apps. But while many of these perils are associated with individuals who actually play the game, companies also have a lot to lose because of the game. To play Pokémon Go, players follow their phone’s GPS, which leads them to various places in the real world where they encounter and capture in-game creatures called Pokémon. In their zeal to catch these virtual critters, players have been robbed at gunpoint after walking into alleyways, been shot at for…
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Despite Cyber Threat, Few Firms Train Staff in Security

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Even the most up-to-date firewall and virus protection will not protect you against the biggest threat to your organization’s cyber security – your employees themselves. Despite this only 45% of companies train their workers in how to prevent breaches, according to a new report released by the Ponemon Institute, even though 55% of organizations surveyed said they believe they had had a security breach caused by a malicious or negligent employee. And, 66% of respondents said employees are the weakest link in their efforts to create a strong security environment. The report says also even when there is training, there…
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Exclusions: What Your Cyber Policy Does Not Cover

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As the threat of hacking and cyber attacks on the databases of all organizations grows, so has the uptake of cyber insurance policies. But when buying a policy and anticipating a claim, it’s important to know exactly what’s covered. All insurance policies have exclusions for what’s not covered but, since cyber insurance is new to most companies, you may not know what isn’t covered by them. This article will look at the most common exclusions of these policies, which –because they are still in their infancy – will vary from insurer to insurer. But for the most part, these are…
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Watch Out for the Newest Cyber Threat: Ransomware

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The cyber-security stakes have gotten higher for enterprises with the recent news that a hospital in Los Angeles had to fork out $17,000 to pay cyber criminals after they crippled its network. The ransomware that infected Hollywood Presbyterian Medical Center and the ransom they had to pay the hackers to unlock their system reflect the newest danger facing any organization that has a computer network. The hospital’s case is not an isolated one, and experts are warning that cyber criminals have increasingly switched their targets from big companies to small and mid-sized businesses as their networks are easier to infiltrate,…
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Cyber Threat Mounts with Human Error and Ransomware

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Two new reports show two significant trends in the increasingly busy area of cyber security: Careless employees are a prime reason many companies’ databases are getting “phished” for data; and the rising tide of ransomware, where hackers freeze up a computer and demand payment to release it. And in a majority of cases, it is small and mid-sized firms that are being targeted. Don’t think you need to worry? Think again. When these malicious code-bearing e-mails (phishing and ransomware alike) are sent, there is an 11% chance that an employee will click on the link that will let the phishing…
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