accountants and business advisers
Cyber Roundup from July 2018
Cyber Roundup from August 2018
Cyber Roundup from September 2018
Cyber Roundup from October 2018
Cyber Roundup from November 2018
Chief Executive Officer
10 Jan 2019
Is your organization ready for a review of its current cybersecurity policies and procedures? How about a “phishing” test? Do your employees need cyber awareness training? How are your cyber controls over electronic fund transfers? What about monitoring the controls of any third party that provides your business with cyber services?
Think about these questions as you peruse the latest issue of our Cyber Roundup. Resolve that 2019 is the year you are going to make solid attempts to secure your business against cyber sabotage. Ring in the new cyber safeguards, ring out the old cyber vulnerabilities.
Key Cyber Events The following is a rundown of what happened during the month of November 2018. We welcome your comments, insights and questions.
What is concerning is the number of individuals reusing passwords. While this may sound benign, it isn’t. Since the same password is reused across websites, the increased exposure of the password increases the likelihood of it being breached. Cyber criminals know all too well that employees like to reuse passwords and will leverage the breach of one site to target other accounts used by the employee. Such tactics were used in the HSBC breach listed above. To help businesses manage this threat, PKFOD recently launched a Dark Web Monitoring service that will allow companies visibility into how exposed they may be on the dark web and what credentials are for sale of their employee accounts.
Source: PKF O'Connor Davies
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