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Our next event- Cybersecurity Essentials for the Digital Sector with NERBC 📢 📆 Tuesday 19th November 2024 ⌚ 9.30am until 12pm 📍 Church Square House, Scunthorpe Join us for an essential workshop tailored specifically for businesses in the digital sector. In today’s digital landscape, where the internet is at the core of business operations - whether through email, social media, online banking, or communication tools - cybersecurity is more critical than ever. Cyber-attacks are a growing threat to all businesses, regardless of size. In the past year, 39% of UK businesses have fallen victim to cybercrime. Whether you are a sole trader or run a micro, small, or medium-sized business, the risk is real. Protect your business before it becomes a target. Learn from Detective Inspector Steve Leach, Head of Business Development at the North East Business Resilience Centre (NEBRC), a police-led organisation committed to helping businesses safeguard themselves against online threats. Book your FREE ticket by clicking the link below 👇 https://lnkd.in/e3_iG2cq #businesssupport #northlincolnshire #digitalbusinesses #digital #cybersecurity

Cybersecurity Essentials for the Digital Sector with NERBC 💻

In the modern landscape, Australian businesses confront an escalating threat from cybercriminals adept at targeting their most valuable assets: money, data, and reputation. Small businesses, in particular, face heightened risks, yet it's alarming that nearly half of Australian SMEs spend less than $500 each year on cybersecurity measures. From compromising bank accounts to infiltrating email systems and essential business devices like computers, the risks loom large. Ready to protect your business? Swipe to explore some preventative measures and safeguard your business today. #confio #confioinsurance #GrowWithConfidence

The cost of global data breaches is rising, driven by the increasing digitalization of business and the sophistication of cyber-attacks. Let’s say a financial firm suffers a digital intrusion. In addition to the immediate impact of the incident, the theft of personal and banking data from thousands of customers can result in severe legal penalties. Even more damaging is the reputational impact, as customer confidence erodes, leading to a loss of customers and a reduction in shareholder value. This shows just how important it is to keep security strategies up to date to anticipate and neutralize new threats. How to do this? Find out by downloading the free report 'Cyber Resilience in Modern Times' on DeltalogiX > https://lnkd.in/dMhbyB8Q #Cybersecurity #CISO #Data

After reading about the recent cyber attack on Uganda’s central bank, here’s one thing that stood out to me: 💡 Over $16 Million stolen from a national bank in a matter of days! Now, this is a wake-up call for everyone in the finance and tech space! Here’s why this attack is more than just a news headline – it’s a lesson we all need to pay attention to: The Growing Risk Cybercriminals are getting smarter. This attack shows how sophisticated hackers are and how vulnerable even national institutions can be. If it can happen to a central bank, how secure is your system? Insider Involvement It’s also being speculated that insiders might have been involved. Insider threats are often the hardest to detect and can cause severe damage. Are your internal processes watertight? The Financial & Reputational Cost The stolen funds were traced across borders, but the reputation damage can take years to repair. Cyberattacks don’t just steal money; they steal trust. What’s your plan for protecting your reputation in case of a breach? As cybersecurity becomes a top priority for all industries, these attacks remind us of the constant need to stay one step ahead. Now, think about this: Is your organization truly prepared to handle a breach? How are you protecting sensitive financial data from the ever-growing cyber threats? It’s time to talk about proactive defense and not just reactive measures. Let me know what your organization is doing to stay safe. Have you updated your cybersecurity strategy lately? #CyberSecurity #CyberAwareness #BankingSecurity #TechTrends #DigitalSecurity #FinancialIndustry #CyberCrime #StaySafe

A recent KnowBe4 report highlighted by Security on Screen unveils the critical cybersecurity risks facing UK banks in the coming year. As financial institutions fortify their defences, they must stay ahead of emerging threats: https://lnkd.in/eTjrN33N The report identifies social engineering, ransomware, and credential theft as the top three cyber menaces UK banks should prioritise. Cybercriminals are relentlessly targeting the industry through sophisticated phishing, malware, and account takeover attacks: https://lnkd.in/eBsUGHjS With the human element being a key risk factor, security awareness and training become paramount. Empowering employees to recognise and thwart social engineering tactics can significantly reduce the likelihood of a damaging breach. Don't miss the opportunity to gain invaluable insights and discuss strategies to enhance banking security at KnowBe4's insightful Virtual Roundtable: "Enhancing Banking Security." Join this expert-led discussion on June 20th to explore best practices, real-world case studies, and actionable steps to fortify your institution's cybersecurity posture. Reserve your spot now: https://lnkd.in/env8vR3Z #CybersecurityBanking #SocialEngineering #Ransomware #CredentialTheft #SecurityAwareness #HumanFirewall #BankingSecurity #FinancialSecurity KnowBe4 Partners

The financial industry has long been a prime target for cybercriminals, in fact over the past two decades, this sector has suffered more than 20,000 cyberattacks, resulting in total losses of $12 billion. Why the financial sector? The answer lies in its very nature. According to the IMF, financial institutions handle massive amounts of sensitive data and transactions, making them lucrative targets for those intent on theft or economic disruption. In fact, nearly 20% of all cyberattacks are aimed at this sector alone. 👉 For more on how cyber risks evolve with the growth of financial institutions and what can be done to mitigate these threats, read the full article >> https://lnkd.in/dv4pMRGV #cyberint #cybersecurity #threatintelligence #financialsector Image source: IMF

𝐂𝐲𝐛𝐞𝐫𝐜𝐫𝐢𝐦𝐞 𝐢𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐫𝐢𝐬𝐞—𝐡𝐚𝐯𝐞 𝐲𝐨𝐮 𝐝𝐨𝐧𝐞 𝐞𝐧𝐨𝐮𝐠𝐡 𝐭𝐨 𝐩𝐫𝐨𝐭𝐞𝐜𝐭 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬? At eCloudvalley Australia, we understand the rising threat of cybercrime is a serious challenge for Australian businesses. The latest Annual Cyber Threat Report (2023–24) from the Australian Signals Directorate (ASD) uncovers a grim reality: small businesses are being hit hard, with average losses surging to $49,615 per incident—an 8% increase from last year. For medium-sized businesses, average losses reached $62,870 per incident, while large enterprises saw $63,602 per incident. 𝐓𝐨𝐩 𝐂𝐲𝐛𝐞𝐫𝐜𝐫𝐢𝐦𝐞 𝐓𝐡𝐫𝐞𝐚𝐭𝐬 𝐢𝐧 𝐅𝐘24 ➡️ Email Compromises: 20% of all incidents. ➡️ Business Email Compromise Fraud: 13%. ➡️ Online Banking Fraud: 13%. The most targeted industries are: Retail (15%), Professional Services (13%), and Construction (12%). The ASD report serves as a wake-up call for small businesses, which remain especially vulnerable to cyber threats. Email compromises and fraud schemes are costing businesses dearly, yet many lack the resources to defend against them. At eCloudvalley Digital Technology we are dedicated to equipping businesses with advanced cybersecurity measures to mitigate risks and protect against financial losses. Don’t wait until it’s too late. Take charge of your security now. Book a quick chat with with our cybersecurity expert, Arman Obeidy and explore tailored strategies to secure your business: 👉  https://lnkd.in/g4_7TQD4 #CybersecuritySolutions #CloudSecurity #BusinessProtection #SecureYourBusiness #eCloudvalley

Our latest blog covers the 𝗠𝗮𝘆 𝟮𝟬𝟮𝟰 𝗯𝗿𝗲𝗮𝗰𝗵 of Australia's largest non-bank lender, Firstmac Limited, by the Embargo group, exposing over 500 GB of sensitive data. This is a wakeup call for better cybersecurity. Find out how financial institutions can rethink their security with Admin By Request’s Privileged Access Management (PAM) and the Principle of Least Privilege to stop sophisticated attacks. Key Points: • The changing threat landscape • The financial and reputational damage of breaches • How Admin By Request can help you with real-time alerts and activity logging Don’t let your organization be the next target. Read the full blog below to understand how you can safeguard your data and maintain customer trust ↘️ https://lnkd.in/gCZTRCaq #Blog #CyberSecurity #FinancialSecurity #DataProtection #PAM #CyberThreats #ITSecurity #TechInnovation #FirstmacBreach #CyberAwareness #AdminByRequest