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Personal Data for Billions of Users Exposed Online in Three ‘Combo Lists’ Discovered This Month

It’s a scary time to be an internet user, with three huges troves of user data recently discovered to be exposed online; opening users up to phishing emails, spam and even credential stuffing attacks.

Cyber criminals use ‘credential stuffing’ to gain unauthorised access to websites that were never breached, using previously hacked passwords
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Irish Businesses Hit by Invoice Redirect Scams, Gardaí Warn

Gardaí have reported a sharp increase in the number of invoice redirect and CEO fraud-style attacks on Irish businesses in the last few months. “We are getting a couple of cases every week now”, according to Detective Superintendent Pat Lordan, who said that both small and large companies are being hit for amounts ranging from €10,000 into the millions.

Staff should be very wary of any requests to change payment details from suppliers, and are advised to pick up the phone and speak to someone they know first.
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281 Arrests Made in Massive Business Email Compromise Ring Bust

In a global sting, named Operation reWired, authorities in the US and around the world have arrested 281 individuals that were involved in a global Business Email Compromise (BEC) scam. The ring had been under investigation for months, during which they were found to have hijacked email accounts belonging to company executives, impersonated staff and ultimately tricked unsuspecting employees into wiring millions in funds into the group’s accounts.

Business Email Compromise is a common tactic by cyber criminals which users social engineering to trick staff into transferring money directly to them
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Passwords Are Out, Passphrases Are In: How to Keep Your Accounts Secure in 2019

Just a few years ago, if you asked someone how to create a safe password, most people would all say the same thing: Use a mixture of upper- and lower-case letters, symbols and numbers so that it’s too complex for hackers to guess, and you should be safe.

Fast-forward to 2019, however, and you will find more and more people recommending that you use a ‘passphrase’ instead. But what is a passphrase, and why are experts all recommending we use them instead of the traditional password?

Passphrases are believed to be more secure and easier to remember than traditional passwords

There are two main reasons that passwords are becoming outdated – cyber criminals using increasingly sophisticated tools to crack them, and plain old human error when people create them.

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Shane Chambers No Comments

Mid-Size Businesses at Increased Risk of Cyber Attacks & Data Breaches

Cyber crime has cost mid-size businesses more than €33 million in the UK in 2018, according to a recently-released report by financial services firm Grant Thornton. More than 500 UK businesses were surveyed as part of the study, Cyber Security: the board report.

Reputation loss was the most commonly reported impact of a cyber attack, according to 58% of respondents.
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