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Cybersecurity Newsletter - May 9th, 2018

Twitter to all users – change your password now!

 The social media giant Twitter recently identified a bug that stored passwords in plain text — without protecting them with any sort of encryption technology that would mask a Twitter user’s true password. Twitter asked all 300+ million users to reset their passwords, citing the exposure of user passwords via this bug. It says it has fixed the bug and that so far its investigation hasn’t turned up any signs of a breach or that anyone misused the information. 

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Man hacked 200 firms & sold data of millions of users on dark web.

The 26-year-old hacker named Grant West, hacked over 200 companies around the world including Apple, Asda, Uber, Just Eat, Groupon, Nectar etc. and stole their user data before selling them on the now seized AlphaBay market on the Dark Web. West used his girlfriends’ laptop to carry out a phishing scam by sending malicious emails tricking its users into falling for a fake survey, and now has been arrested by British police.

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Cyber Insurance 101

Many healthcare organisations these days are using electronic systems for their day-to-day work and transmitting protected data to other locations. This protected health information (PHI) of patients fetches large sums of money in the black market and that results in exposure of PHI to cyber attacks. A cyber attack can lead to loss of systems and information, disruption of procedures, and serious reputation risk. As risk of cyber attack keeps growing, so does the compelling need to take insurance cover against their cyber risks. Find out here the 101 of cyber insurance.

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8 Ways Hackers Monetize Stolen Data

How do hackers earn by stealing our data? Well, they are craftier than ever, pilfering Personally Identifiable Information (PII) piecemeal so bad actors can combine data to set up schemes to fraud. Read here to know how  hackers can monetize stolen data in eight different ways.

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What small business owners should know about GDPR and why

The General Data Protection Regulation (GDPR) goes into force May 25, 2018. A U.S. based small business owner may think that the GDPR only applies to large, global companies that conduct business overseas, not for companies with fewer than 250 employees. In fact,  GDPR is one of the largest and most far-reaching global data privacy laws—and all businesses need to be GDPR-compliant with processes and documents in place and will apply to all companies handling the consumer data of citizens within the European Union (EU), no matter the size, industry or country of origin of the business.  Learn here what small-business owners need to know about GDPR and why it matters.

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Take the Cyber Hygiene Pledge and stay Cyber Healthy!

Video modeled after the Center for Internet Security's Cyber Hygiene Pledge. The human being is still the weakest link for security, and therefore good Cyber Hygiene practices to stay Cyber healthy are important. Count, Control, Configure, Patch and Repeat! Call 24By7Security, Inc today at (844)-55-CYBER or visit our website at https://24By7Security.com!

Upcoming Events!

IIA Miami Tech Conference May 18 @ 7:30 am - 5:00 pm

24By7Security is a proud sponsorer and Sanjay Deo, President of 24By7Security, will be speaking here at FIU Kovens Conference Center. 

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HackMiamiCon 6 May 18 @ 8:00 am - May 22 @ 5:00 pm

Michael Brown of 24By7Security will be speaking at HackMiamiCon 6 which will be held from May 18 – 22, 2018 at the Deauville Beach Resort in Miami.

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FIME: Digital Healthcare Conference July 17 @ 10:00 am - July 19 @ 5:00 pm

Sanjay Deo will be a speaking here at 3:45 pm at Orange County Convention Center, Orlando. He will be speaking about “Ransomware attacks & protecting patient data: What we can learn from Wanna Cry”.

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About us

24By7Security, Inc. is a full service Cybersecurity strategy, implementation, operations and training firm.  We provide Cybersecurity and compliance related services across all functions of the enterprise. Our services include CFPB/DFA, FIPA, FERPA, GLBA, HIPAA, PCI, SOX, and others.

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24By7Security, Inc.

4613 N. University Drive, Suite #267

Coral Springs, Fl - 33067

(844) 55-CYBER

www.24By7Security.com