With cyberattacks liable to occur at any time, coming in so many guises, and constantly evolving – the cybersecurity industry has to move quickly. Consequently, for organisations and individuals alike, keeping up with the latest statistics of cybersecurity trends can be overwhelming. In response to this, we’ve compiled some of the most important cybersecurity statistics to know by the end … Read More
How to avoid a baiting attack
Social engineering attacks are one of the most significant threats to an organisation’s information security. So much so that a staggering 98% of cyberattacks involve some social engineering component. One of the social attacks favoured by cybercriminals is known as baiting. In this article, we look at baiting attacks and how to avoid them. What is a Baiting Attack? Baiting … Read More
What is the real cost of a data breach?
Cyberattacks are on the rise. Hackers are well-funded, better organised, and more sophisticated in their methods. Not only are they causing millions of dollars’ worth of damage to businesses around the world but are reaping the rewards of a rather lucrative hacking enterprise. Security teams are doing everything they can to prevent their companies from falling under attack, but malicious … Read More
Top network authentication methods to prevent data breaches
There are various network authentication methods available on the market today. Here are the most secure ones you should use to prevent data breaches.
Looking back at the top data breaches of 2021
RiskXchange can help your company avoid becoming one of those affected by costly cyberattacks and ensure your organisation doesn’t make our list of top data breaches.. Cybercriminals flourished in 2021, which is, of course, bad news for businesses right around the globe. The Identity Theft Resource Center (ITCR) reported that by the end of September last year, the number of … Read More
Understanding the difference between ransomware attack and data breach
RiskXchange uses data-driven insights to prevent ransomware attacks and data breaches in your organisation. Data breaches and ransomware attacks are two completely different kinds of hacks which are increasing worldwide. However, the line between the two has somewhat narrowed of late. What is the difference between ransomware attack and data breach? Let’s take a look at both. What is a … Read More
Social engineering attacks: What is a whaling attack?
In 2016, FACC CEO Walter Stephen fell victim to a whaling attack where fraudsters used his credentials to authorise a substantial cash transfer that cost the corporation over $56 million. In the same year, a prominent Seagate executive suffered a similar data breach, exposing employees’ W-2 forms. Over 10,000 current and former Seagate workers had sensitive information, such as their … Read More