Tag: data breach

Why managed IT services is best for cybersecurity

Today’s companies need technology to function. Without it, businesses cannot compete and succeed. But with technology comes the ever-constant threat of hackers and cybercriminals. That’s why small- and mid-sized businesses need to protect themselves with robust cybersecurity solutions managed by IT professionals. The numbers According to the Ponemon Institute’s 2019 State of Cybersecurity in Small Learn More “Why managed IT services is best for cybersecurity”

How to minimize risks after a data breach

Despite efforts to protect your data, some breaches are beyond your control. When an online company with your personal details gets hacked, you have no choice but to manage your risks on your own. These practical tips can help you reduce risks of identity theft and other threats.

Determine what was breached

Whether its names, addresses, email addresses, or social security numbers, it’s critical to know exactly what type of information was stolen before determining what steps to take. For example, if your email address were compromised, you’d take every precaution to strengthen your email security, which includes updating all your login credentials.

Change affected passwords immediately

Speaking of passwords, change yours immediately after any breach, even for seemingly safe accounts. Create a strong password comprised of alphanumeric and special characters, and make sure you never reuse passwords from your other accounts.

Once you’ve changed all your passwords, use a password manager to help you keep track of all your online account credentials.

If the website that breached your information offers two-factor authentication (2FA), enable it right away. 2FA requires two steps to verify security: usually a password and a verification code sent to a user’s registered mobile number.

Contact financial institutions

In cases where financial information was leaked, call your bank and credit card issuers to change your details, cancel your card, and notify them of a possible fraud risk. That way, banks can prevent fraud and monitor your account for suspicious activity.

Note that there are different rules for fraudulent transactions on debit cards and credit cards. Credit card transactions are a bit easier to dispute because they have longer grace periods. Debit card fraud, on the other hand, is more difficult to dispute, especially if the fraudulent transactions happened after you’ve notified the bank.

Place a fraud alert on your name

Hackers who have your personal information can easily commit identity fraud. To avoid becoming a victim, contact credit reporting bureaus like Equifax, Experian, or Innovis and request that a fraud alert (also called credit alert) be added to your name. This will block any attempt to open a credit account under your name and prevent unauthorized third parties from running a credit report on you.

Putting a credit freeze on your name might result in minor inconveniences, especially if you have an ongoing loan or credit card application. Still, doing so will greatly reduce your risks of getting defrauded.

These steps will ensure you don’t fall victim to identity theft in the event of a large-scale data breach. If you want to take a more proactive approach to protect your sensitive information against breaches, contact our cybersecurity experts today.

Published with permission from TechAdvisory.org. Source.

The Facebook data breach scandal explained

Thanks to social media, businesses can stay in close contact with their customers and while also attracting new ones. But what happens when one of these platforms doesn’t guard the information you’ve given it? How does this affect its users?

Last month, news broke that a firm known as Cambridge Analytica collected private data from over 50 million Facebook users. The British company supposedly used this information in 2016 to influence voter behavior during the US presidential election and UK’s Brexit campaign.

How did they harvest the data?
In 2015, a Facebook personality quiz app called “This is Your Digital Life” was created by Cambridge psychology professor Aleksandr Kogan. Around 270,000 Facebook users signed up and gave information about themselves in exchange for humorous results.

What users didn’t know was that Kogan’s firm, Global Science Research, struck a deal with Cambridge Analytica to share the information that was gathered. Aside from collecting information about the Facebook users, the app also mined some data about the users’ friends.

Information collected was based on:

  • Data from other platforms that are also owned by Facebook, including Instagram and WhatsApp
  • Advertisers and other third-party partners
  • Apps and websites which use Facebook services
  • Your location
  • The devices you use for Facebook access
  • Payments handled by Facebook
  • Your Facebook connections and networks
  • Messages, photos and other content that other users send to you
  • The information you disclose to Facebook
  • Your activities on Facebook

What happened to the sourced information?
Cambridge Analytica analyzed the collected data to create psychological profiles and invent better political drives to influence whom people would vote for. Although there is still a huge debate about how effective this plans were, there’s no doubt that tens of thousands of users were manipulated into signing away their data without knowing it.

What can I do to keep my information safe?
Remove third-party apps that use your Facebook account. Visit your “Settings” menu and go to “Apps”. You should see the list of all the services that are using information about your Facebook profile. Check on each app, and if you don’t need it or use it anymore, delete it to revoke its access.

If you need more information on how to keep your data secure, feel free to give us a call today!

Published with permission from TechAdvisory.org. Source.