business

Who’s the Phish? Shark Tank’s Barbara Corcoran, it Turns Out


How phishing affects businesses?

Imagine you’re on the finance team for a mid-sized business, with regular duties that include accounts payable. Your boss sends an email instructing you to pay Client XYZ today and includes full wiring instructions, details with what the payment is for, etc. What do you do?

You might send that wire with no questions asked.

Problem is, the situation described above is becoming increasingly common, as Shark Tank’s Barbara Corcoran discovered recently:

“This morning I wired $388,000 into a false bank account in Asia,” the real estate mogul tweeted a couple of weeks ago. Here’s what happened:

Corcoran’s bookkeeper Christina received what appeared to be a routine invoice from Corcoran’s assistant Emily to approve a $388,700.11 payment to a German company called FFH Concept.

The bookkeeper replied asking, “What is this? Need to know what account to pay out of,” and the cybercriminal posing as Emily was able to give a credible, detailed response that FFH was designing German apartment units that Corcoran had invested in. Corcoran does invest in real estate, and FFH is a real company in Germany. (full article)

Poof! Money gone.

Now, in this case, there’s a happy ending, as you may have read a few days later: Corcoran Gets Her $400k Back

That said, such positive outcomes are rare – usually, the funds are not recoverable. Indeed, are you confident you can put the kind of pressure on a bank that Barbara Corcoran can?

And don’t just shrug your shoulders and decide it won’t happen to you. Hackers target smaller businesses precisely because their security is less sophisticated. Plus, scams are like these are pretty slick, as she explains:

“I lost the $388,700 as a result of a fake email chain sent to my company,” Corcoran told the outlet. “It was an invoice supposedly sent by my assistant to my bookkeeper approving the payment for a real estate renovation. There was no reason to be suspicious as I invest in a lot of real estate.”

How can you avoid such pitfalls?

First, better practices: have a process in place for confirming such requests with your team, usually by a live phone call. It’s time well spent.

Further, train your team to be better at spotting such phishing scams – in this case, there was a missing ‘O’ in the sender’s email address which should have provided the clue.

The best news is this: anti-phishing employee training from Cynexlink is very affordable and provides incredible bang for the buck.

Click here to learn more about the valuable service and don’t get caught off guard – it can happen to anyone!

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Voip

How VoIP Works: An Explanation Even Non-Techies Can Understand


VoIP stands for Voice over Internet Protocol and is counted among one of the outstanding voice communication solutions over the years. Despite its ever-increasing popularity among businesses, many people are not familiar with its functionality. And that has prompted us to come up with this piece of blog on everything about VoIP, including definition and functionality.

Voip

What is VoIP?

You must have made calls over Skype or Slack.

Well, these are some of the best examples of VoIP.

VoIP is the delivery of voice communication and multimedia content over Internet protocol networks like the Internet. VoIP service is also used to make a call to landline or cell phones, apart from calling computer-to-computer.

Simply put, VoIP is a technology that lets you make a call over the Internet.

Or you can say that it is your phone service over the Internet. That’s why it is also known as internet telephone, broadband telephone, broadband phone service, and IP telephone.

It functions like any other content you send over the Internet such as messages in that it transforms voice communication into data packets and delivers it over an IP network. In other words, VoIP converts your voice into a digital signal, letting you make a call directly from your PC, a VoIP phone or other data devices.

With a VoIP service, you have little to no need for the traditional phone as you can make calls using an Internet connection.

How does it work?

Understandably VoIP converts your voice into data packets to be sent over the Internet. Let’s break that down further.

VoIP utilizes the “omnipotent” nature of the internet to achieve the call-like result, though in a different way.

When you speak into PC’s microphone, your voice is assumed as physical sound waves by the machine that converts it into a digital signal using hardware known as a driver. Then, the voice coder-decoder converts this digital signal into binary data. From here, your OS sorts out, separates binary data into smaller pieces of information that are called packets.

How Voip Works

These packets of audio are transmitted from your PC via the router through copper or fiber optic cables across the world to another PC and reversed processed via the computer’s code.

An analog telephone sends information in a slow, linear manner. The internet can deliver these packets in an exceptional faster way, known as packet switching. Packets are rearranged in the right order when they reach their destination (another IP address). This speeds up the delivery over analog telephones and minimizes costs since no exclusive wire has to be installed.

What are the Benefits of VoIP for Businesses?

By opting for this technology, you can minimize cost, accelerate productivity and improve collaboration.

Here are some key benefits of VoIP service for businesses:

  • Cost-Effective:

VoIP calling services are exceptionally cheaper than using a traditional phone. In fact, long-distance and international calls are generally free with VoIP service. You only pay for the usage of data.

  • Portability:

You can use your Voice over Internet Protocol system anywhere as long as you have an active Internet connection. It lets you make and receive calls from any devices, including your smartphone, meaning that customers or colleagues can call you no matter where you are in the world.

  • Call Recording:

It lets you record calls so that you or your clients/colleagues can playback important calls. Plus, you can also analyze call logs to find out what time of the day clients/colleagues call the most, call duration and relevant information.

  • Wide Range of Features:

VoIP communication keeps things in one place, leading to enhanced collaboration. With unified communication, your colleagues or workers can easily interact through voice, video chat, instant messaging and web conference.

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AI and Cybersecurity


The introduction of artificial intelligence (AI) into a wide range of situations is known to make such a situation better in terms of efficiency and experience. AI has gained recognition in many industries such as education, customer service, banking, and automation to mention a few. Recently, AI is beginning to gain popularity in cybersecurity and it is also playing a substantial role in the fight against cybercrime.

AI is valuable in cybersecurity because it advances how security experts investigate, study, and understand cybercrime. It boosts the cybersecurity know-hows that businesses use to fight hackers and help keep organizations and customers safe. Artificial Intelligence (AI) improves the efficiency of cybersecurity in the following ways:

  1. Timeliness: An AI-based cybersecurity is not founded on human monitoring alone. Threats can be detected almost immediately. In fact, there is no break once artificial intelligence is involved. Your network or system is always available 24/7 because it recognizes no holiday or non-work hours.

Also, this constant availability results in an immediate response to threats. That is, the security of your business is always around the clock.

 

  1. Speed: AI helps to filter the massive amount of data for an outlier in a short time. When this task is done by humans, it could take days or even a month before this can be achieved. In addition, manually creating a network security policy and understanding an organization’s network topography will most likely be cumbersome. For instance, a data center of average size may have up to 500 applications and could require 4,500 different security rules!

 

  1. Improves password protection and authentication: Passwords are a vital part of security. Nonetheless, we can be careless with our passwords or even use a single password for several accounts without changing it for an extended period of time. This approach makes your system or network easy to hack. Fortunately, AI enhances authentication and gets rid of imperfections thereby making your system more reliable.

 

  1. Vulnerability Management: Using AI as opposed to the traditional procedure in identifying risks is taking the innovativeness of your business a notch higher. This eliminates having to allow hackers to exploit the vulnerabilities of your network before you counteract them. AI helps you develop a proactive vulnerability management scheme.

Due to the increase in the complexity of networks, the ability to handle it is now beyond that of human beings alone. Therefore, using artificial intelligence will be a huge advantage to your business’s security and protection.

It is important to note that AI in cybersecurity can either be the savior or enemy of your business. It depends on whose arsenal the weapon (AI) belongs, either yours or your enemy’s (hacker). Therefore, be smart and take advantage of AI in securing your cyberspace instead of allowing the opposite site (hacker) to use it against you. CYNEXLINK is your go-to.

Cynexlink is a technology company that provides services that include Cybersecurity Solutions, Software-Defined WAN (SD-WAN), Managed IT Services, Cloud Vendor Selection & Consulting, Cynexlink VoIP, and CCPA.

For more information, visit our website at www.cynexlink.com NOW!!!

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Email Phishing


Hackers can be referred to as cyber” con-artists”. They trick others by influencing them to see something not true, as true. This method is called Phishing. Hackers use it to make you provide your personal or private information such as your password, account numbers, and credit card numbers thereby having access to sensitive data.

Email Phishing, therefore, is when hackers use electronic mail as the means of breaching the security of your business.

Businesses and individuals receive emails that are made to look like it was sent by a legitimate bank, government agency or organization. These emails look beneficial to the receiver and often include a call to action.

In some instances, the hacker impersonating may ask the receiver to click on a link that will redirect to a page where they can confirm personal data, account information due to a false technical error or even ask the recipient to fill out a survey and attach a prize for doing so.

On the other hand, the hacker may alert you of an unauthorized activity taking place with your account. You may be informed that a huge transaction has been made and are asked if you can confirm the payment involved in the transaction. If you reply that the transaction was not from you, the hacker will request you confirm your credit card or bank details. Sometimes the hacker may already have card number information and probe you to confirm your identity by quoting the 3 or 4 digit security code printed on the back of the card.

However, there are some pointers to look for in an email to avoid falling victim to email phishing.

  • Authentic companies call you by your name:

A phishing email usually use generic salutations like “Dear valued member,”, “Dear account holder” or “Dear customer”. A legitimate company will address you by name. In the case of an advertisement, hackers completely avoid a salutation.

  • Authentic companies have domain emails:

It is important to check the email address of the sender. Ensure there are no alterations, either in the form of letters or numbers. The moment you doubt the legitimacy of an email address, make sure to verify the authenticity instead of assuming.

  • Authentic companies do not misspell words:

One of the easiest ways to identify a phishing email is a misspelling of words and/or bad grammar. A legitimate email will be well written. Individuals who are not observant often fall prey.

  • Authentic companies do not ask for sensitive information via email:

Most companies will not ask for vital and sensitive information via email. In situations where this happens, ensure you contact the bank, service providers, organization or government agency for adequate confirmation.

 It is necessary to always be a step ahead of hackers, therefore to avoid falling victim to phishing via email, a company like CYNEXLINK will be of great help!!!

Cynexlink is a technology company that provides services that include Cybersecurity Solutions, Software-Defined WAN (SD-WAN), Managed IT Services, Cloud Vendor Selection & Consulting, Cynexlink VoIP, and CCPA.

For more information, visit our website at www.cynexlink.com NOW!!!

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Data Breaching in 2020

How to Prevent Data Breaching in 2020?


What is a Data Breach?

Data breaching is a process by which an organization experiences a cyber-attack, which lets hackers gain illegitimate or unauthorized access to an organization’s system or network to steal sensitive and personal information, or data of users or customers.

When a company experiences a breach in their cybersecurity, making reparations to the damage usually costs the company not only a large amount financially, but also in terms of reputation. Therefore, companies must make sure they prevent such a breach or unauthorized access from taking place by almost any means necessary.

Below are some suggested tips  to prevent data breaching in  2020:

  • Updated Security Software

Software developers constantly improve their products (software) thereby making upgraded versions available. An organization must have the latest version of its cybersecurity software to avoid weak spots for hackers to exploit.

  • Risk Assessments

Frequent vulnerability checks on your system should be done. This will help your business to review and improve security procedures and policies.

  • Regular employee security training and awareness

Hackers don’t abstractly just get access to a network or a system, there is usually an entry point. Employees are often the crack-in-the-wall that hackers use in breaching a company’s security.

Employees are the likeliest to click on suspicious links, download “anti-viruses”. In other words, an honest mistake by an employee is all any hacker needs in breaching your network. Therefore, to ensure the utmost safeguarding of important data, employees need to attend regular classes on cybersecurity until following safe practices becomes a norm.

  • Employees tiered access

Access to data should be categorized based on employee’s job specifications and requirements. For example, an employee in charge of mail should not have access to information concerning the financial record of the customers. That way, critical information cannot be viewed by just any employee and the honest mistake of clicking a harmful link is minimal.

  • Compliance of Third-party vendors

No business is a stand-alone, businesses often get involved with third-party vendors. Necessary background checks should be carried out before getting involved with such vendors. This will give you the opportunity of knowing your vendors better. Also, limit the kind of documents your vendors have access to and ensure they know and comply with security policies.

  • Have a business continuity plan

There is a common saying, “hope for the best, but expect the worst”. Having this in mind causes you to prepare your business for unattractive occurrences. In a case where your business experiences a data breach, this plan helps you bounce back and handle the attack fairly.

Integrating these steps to prevent data breaches can be demanding. So, take the burden off and let Cynexlink help you.

Cynexlink is a technology company that provides services that include Cybersecurity Solutions, Software-Defined WAN (SD-WAN), Managed IT Services, Cloud Vendor Selection & Consulting, Cynexlink VoIP, and CCPA.

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Network Penetration Testing

Network Penetration Testing & Ethical Hacking


What is Network Penetration Testing?

Network Penetration Testing is also known as “Ethical Hacking”. It can be referred to as professional hacking where hackers recognize and exploit or probe into the weaknesses of your network or system.

Network Penetration Testing or Pen Tests are done in the form of a deliberate cyber-attack against your computer system or network by professionals. These tests give way to recommendations for fixing the possible loopholes hackers can exploit in breaching the security of the business.

It is done for safety purposes because it can be used to check the security policies employed by a business, how aware and compliant the internal customers (employer and employees) are applying these policies, and how quickly and efficiently an organization can recognize and respond to security occurrences.

WHY A PROFESSIONAL IS IMPORTANT FOR ETHICAL HACKING:

An ethical hacker is precisely trained and equipped with the necessary skill to perform pen tests and other system assessments. Inadequate or no network penetration testing could be harmful to your business and business operations.

Importance of Network Penetration Testing: 

  • DATA BREACH PREVENTION

A proper network penetration test keeps your business on top and helps avoid possible security risks in your network. This test is a form of business continuity strategy which gets your business ready in case of unpleasant eventualities.

  • APPLICATION SECURITY

In a bid to better serve your customers, there is a need to improve your business applications.  Performing security assessments before launching these new applications is important. This is because the applications are to handle sensitive data and these assessments will help prevent the malfunctioning of the app or the exposure of sensitive data to risks. The security of these apps makes investing in network penetration testing worthwhile.

  • SECURITY CONTROL TESTING

Network security professionals are well trained in firewalls, encryption procedures, data-loss prevention, layered security processes and so on. Their knowledge results in the effectiveness of the network security controls.

  • GAP ANALYSIS MAINTENANCE

Network Penetration Testing is meant to be a continuous process and it identifies how well your security model is functioning. It also helps your business to create awareness of any gaps in the security model that may occur at any time.

  • COMPLIANCE

A network security professional guarantees that your system complies with the set standards and requirements for your business’s security model. It also eliminates the possibility of facing sanctions that can be in the form of paying some penalties attached to non-compliance.

CYNEXLINK is your best bet for professional penetration testing. Cynexlink is a technology company that provides services that include Cybersecurity Solutions, Software-Defined WAN (SD-WAN), Managed IT Services, Cloud Vendor Selection & Consulting, Cynexlink VoIP, and CCPA.

For more information, visit our website at www.cynexlink.com NOW!!!

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Dark Web Monitoring

Are Dark Web Monitoring Services Really Worth It?


What is Dark Web Monitoring?

The world of cybersecurity is constantly changing. No matter how much you try to stay updated on the latest trends, you will always find yourself missing out on some new information. This might be the case for dark web monitoring services.

To understand what dark web monitoring services are about, it is essential to have an idea of what the dark web consists of.

What is Dark Web?

The dark web is the part of the internet you can’t access through the ordinary search engines. This makes it a mysterious universe where criminality and law transgressions are conducted, and where computer hackers can be hired.

Therefore, it is crucial to protect your company from cyber attacks that do not only originate from the regular web, but from the dark web as well.

As you know, scams and scammers are almost everywhere. And while you might be aware of its danger and how to protect yourself from it, your employees probably can’t.

In such cases, having a reliable and professional team you can count on might be the optimal decision and the smartest investment you can make to keep your business data protected.

At Cynexlink, our experts are ready to dive into the deepest secrets of the dark web in order to boost your cybersecurity, providing you with a complete report of your dark web monitoring scan, in addition to an insightful whitepaper to learn everything about the dark web.

Download your “UNDER ATTACK: The Year in Breach” white paper and understand how to maintain your cybersecurity at its peak today.

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3 Important Signs You Need a New Managed IT Services Provider


Businesses are constantly searching for solutions to increase their profits and reduce their costs since every company comes with a limited budget.

This is applied to all the departments of a company, including the IT department. However, for companies that do not have independent IT staff, how can they manage their IT needs? This is when most businesses choose to hire a managed IT services provider.

A managed IT services provider can be the optimal solution to stay ahead of all your IT requirements at the lowest cost.

Your managed IT services provider would be there to reduce downtime during critical IT issues, take care of resolving the problems swiftly and help you leverage your technologies to reach higher goals.

Unfortunately, things do not always go as planned. The managed IT services provider you chose to collaborate with may not deliver the results they promised. How can you tell? Here are the main three signs to be aware of:

  1. Your system is going through continuous failures

Of course, all IT systems undergo performance problems. But this can be a concerning sign when your managed IT services provider struggles to promptly find effective solutions and address the issues as they should.

  1. You are confused about their role in your company

One of the most important traits to look for in your IT services provider is transparency. If you noticed this quality is lost and you can’t see the value they bring to your company compared to the costs, it might be time to put an end to the collaboration.

  1. You don’t notice any progress

When your managed IT service provider is delivering value to your business, you will easily see the improvement, either in the way they resolve system issues, the suggestions they make, or the security they guarantee your company.

Your IT needs can cost you a lot. Therefore, it is crucial to hand them to a partner you can fully trust, in order to take your business towards higher levels of achievement.

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Productivity in the Digital Age


The ultimate goal of every company is to increase its profits. Therefore, all business owners are constantly searching for methods to boost their companies’ efficiency and productivity in order to achieve their business goals.

Thanks to the exponential progress in technology, the digital tools are now helping companies reach their objectives in less time, by allowing better time management and enhancing productivity.

Among the digital tools that gained more popularity are Cloud systems. By switching to the Cloud, your company is guaranteed to acquire more flexibility when executing the tasks.

Not only that, the Cloud also enables every member in your department to collaborate swiftly by having access to the latest data updates.

On the other hand, implementing Cloud systems in your department gives your employees the opportunity to work remotely.

While this option was a source of fear to many business owners, cloud computing is now proven to increase productivity and flexibility by 47 and 40 percent, respectively.

Additionally, cloud services will give your company a new ability to adapt to market changes quickly, preventing any negative impact on your team’s productivity and agility.

No wonder big companies such as Apple, Netflix, Etsy, Instagram, and Pinterest chose to expand their horizons by using Cloud computing.

The Cloud is a modern solution for our modern life’s needs. Let it revolutionize your company and take your business to the next level today.

Discover Cynexlink IT and Cloud services here.

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The Impact of CyberSecurity Maintenance on Small Businesses

The Impact of CyberSecurity Maintenance on Small Businesses


Cybersecurity attacks can be costly to businesses, no matter their size. With over 40% of these attacks focused on small businesses, keeping your data protection strategies up to date is now essential.

Nowadays, hackers are constantly evolving their scams to try to access your company and employees’ personal data. Thus, any shortcomings in your data security strategy will put your business at major risks of theft of corporate information that can lead you to damaging financial losses and regulatory sanctions.

Not only that, the consequences can take bigger dimensions such as decreasing your sales and losing customers as a result of lack of trust in your data security policy.

For these reasons among others, companies of different sizes must regularly train their employees to overcome the most recent cybersecurity threats and update their policies following effective tactics to keep data protected.

Cybersecurity breaches can take your business backward and stand in your way of achieving your business goals. Therefore, your ultimate solution to maintain your corporate information and customers’ personal data safe is by reaching out to experts in cybersecurity.

At Cynexlink, our Security Center guarantees impeccable data protection around the clock for your company. From identifying to treating the vulnerabilities in your security system, we will help you maintain high levels of security and data protection.

By choosing Cynexlink cybersecurity services, you will finally be able to relax and shift your focus to other important aspects of your business that need improvement.

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