9 essential cybersecurity phrases

As with all technology, trendy phrases come and go with the passing of every IT conference and newly released virus. And when dealing with cybersecurity, keeping up with them all can mean the survival -- or demise -- of a business. If you’re looking for a list of the industry’s most relevant terms, you’ve come to the right place.

Spoofed email takes down NBA team

The NBA Finals may now be over but for one team, the losses keep coming. Yahoo! Sports reported that the Milwaukee Bucks fell victim to a spoofed email scam last month. Names, addresses, Social Security numbers, compensation information and dates of birth of the players were unknowingly sent to a hacker and created a massive security issue for the team.

Ransomware adopting self-replication

Although some may have hoped that the threat of ransomware was on the decline, the reality is that it’s quite the opposite. Until now, attacks seemed to be targeted directly at its victims, but Microsoft warns that may no longer be true. With their discovery of self-propagating ransomware it’s vital to fully understand the possible risk of infection.

New security flaw in popular image uploader

ImageMagick, one of the internet’s most widely used image processing services, is susceptible to attacks that may put your site at a huge risk of exploitation, according to recent reports. The discovery of this vulnerability means attackers could potentially steal your site’s data, or corrupt it entirely.

Different types of hackers defined

Know thy enemy. When it comes to hackers, most business owners get hung up on the technical and mechanical details of a cyber attack forgetting another important aspect: motive. Why are they attacking people and organizations in the first place? And who are they targeting? By answering these questions you’ll have a better understanding of what resources need the most protection in your business.

Cyber threats and the finance sector

The financial services industry has long been a heavily targeted sector by cyber criminals. The number of attacks that involved extortion, social-engineering and credential-stealing malware surged in 2015. This means that these institutions should strive to familiarize themselves with the threats and the agents behind them.

The Importance of Disaster Recovery

Most business owners don’t normally think they will be a victim of a natural disaster...not until an unforeseen crisis happens and their company ends up suffering from thousands or millions of dollars in economic and operational losses -- all because of the lack of thoughtful disaster preparedness.