A recent article from The Hacker News highlights the challenges and significance of cybersecurity awareness training within organizations. As companies budget for 2024, many are allocating funds for employee security awareness training. However, the effectiveness of such training has come into question, given the behaviors in the workplace including phishing attacks and social engineering.
As we bid farewell to 2023, let’s take a stroll down memory lane and groove through the top hits of TrustCloud’s product releases. We’re breaking down your favorite chart-toppers, from the smooth upgrades that became part of your daily rhythms to the fresh features that added a jazzy touch to your workflow. So, kick back, hit play, and scroll through the beats that made 2023 an unforgettable chapter for TrustCloud’s customers, team, and partners.
Roughly 20 percent of all retail sales occur online. This statistic may sound lukewarm now, but e-commerce is rapidly becoming the lion’s share of global transactions. However, the model’s incredible growth also provides criminals ample opportunity to steal from online businesses. The absence of a physical location removes much of the criminal’s risk, and new strategies constantly pop up. A robust fraud prevention strategy should cover the majority of business operations.
Embezzlement is an internal crime that someone commits against their organization. The perpetrator's inside knowledge helps them avoid detection and clean up the evidence. It's a problem that can spiral out of control and cause massive damage to an organization's public face. Identifying the warning signs of embezzlement and acting quickly is essential to preventing the worst-case scenario.
The explosive growth of cryptocurrencies was nothing short of extraordinary. Even the most doubtful among us couldn’t help but put a few dollars in to see what would happen. The phenomenon gave rise to many cryptocurrency management platforms, and PayPal put its hat in the ring as well. Unlike apps made for the explicit purpose of handling crypto, PayPal was an established platform with roughly 350 million users.
As more cybercriminal gangs continue to enter the game, the massive increase in unique types of malware means it will become increasingly difficult to identify and stop attacks. Blackberry just put out their Global Threat Intelligence Report in November, covering June through August of this year. According to the report, the number of attacks identified and stopped in the three-month period covered equates to an average of 26 attacks per minute.