THE RISE AND RISE OF “CYBER CRIME”

CYBER EXPO BLOG

THE RISE AND RISE OF “CYBER CRIME”

Cyber-Crime is one of the fastest-growing “markets” and one of the key threats that come with living in our digital age.

Cyber-Crime can come in many different forms;

Cyber-Attacks – These are targeted to computer systems and can range from viruses, Trojan horses, spyware, malware, ransomware, hacking, phishing, port scanning as well as denial of service attacks and electronic vandalism or sabotage. With these, any “attempt” is a crime regardless of its success!

Cyber Theft – This involves crimes in which computers are used to steal money or information. It includes embezzlement, fraud, theft of intellectual property and theft of personal or financial data and can be detrimental to you personally and any business!

Cyber Bullying – A crime is a crime, whether it’s committed in the real world or virtual world.  Millions of incidents of cyber-crime occur every day in almost every group of people across the globe. Individuals or organisations are preying on their victims through cyber abuse and online bullying.

Some Fun Facts

  • Estimated global annual cost of malicious cyber activity ranges from US $300 Billion - US $1 Trillion 
  • From 2016 – 2019, global cyber-crime costs are expected to greatly increase, reaching US $2.1 Trillion 
  • In the 12-month ending March 2016, UK saw 3.8 million fraud cases and 2 million cases of computer and data misuse
  • Among all terminated employees, 59% admitted to misusing company data upon termination

It’s evident that cyber-crime is huge, and is still growing! With GDPR looming just around the corner, how can you protect yourself, protect your family and protect your business?

 

Access Management

Passwords, I know we ALL know what we should do… but do we?

Here is a quick reminder on best practice,

  • At least eight characters long
  • Contain a variety of letters, numbers and symbols.
  • Keep them in a secure place & don’t share them with anyone you don’t completely trust.
  • Use a phrase or random words such as “Flowerbottlepig1” it’s easier to remember and harder to crack!

 

Organisations will sometimes adopt multi-factor authentication, such as

  • Something you know, a password for example
  • Something you have, typically a trusted device that is not easily duplicated, like a phone
  • Something you are, such as biometric

 

Trusted Websites

Ensure you have latest anti-virus, anti-spyware and Internet filtering programs on your devices.

If you are not familiar with a website or it has questionable content, then BEWARE! These sites are well-known breeding grounds for cyber-attacks and cyber-crime.

Check the SSL Certificate, look at the URL - “https” instead of “http.” It means the site is secured using an SSL Certificate (the s stands for secure). SSL Certificates secure all of your data as it is passed from your browser to the website’s server.

However, there are a few different levels of validation—the lowest level of validation, Domain Validation, simply validates ownership of the domain the highest level of validation, Extended Validation, is the safest and most extensive.

Check at the Domain and make sure there are other signs the company is real e.g. physical address, phone number, status on review sites and so on.

 

Cyber Expo Ireland

Renaissance is delighted to announce the hosting of Irelands 1st Cyber Security & Data Compliance Expo, Cyber Expo Ireland.

This 1-day expo will bring together the whole Cyber Security Ecosystem - Exhibitors, Re-Sellers, End Users, IT experts and general business thought-leaders keen to understand what they can do to mitigate security risks to their business. The event will differ from traditional conferences allowing for a much more interactive approach for people to discuss their requirements and find the most appropriate solutions for their needs.

We have assembled a team of 21 exhibitors & vendors, 9 Value-Added Resellers and 6 Security Experts under one roof, making data compliance easier than ever before. Here’s what’s on offer;

Exhibitor Demos - The exhibitors will be demonstrating the latest technology that is combating cyber-crime.

Re-Seller Guidance – There will be re-seller guidance sessions which will give you the opportunity to discover cyber products and solutions that best suit your needs and advice on how to use and implement them.

Expert Insights – Our industry leading experts will be sharing their insights and discussing the latest issues in the cyber space.

Expert 1-to-1 Clinics – There is the opportunity to book a 1-to-1 consultation with our experts to discuss and answer all your questions.

Network with industry leading professionals – With the whole cyber security ecosystem attending, it is your chance to network with the best in business.

 

For more info about the event, click here

For FREE registration, click here

I hope to see you there. In the meantime, be safe out there!

Michael