CYBER INSIGHTS: Wednesday 06 November 2024 – Today’s SME Cybersecurity News & Intelligence – CYBERInsights Small Business Cybersecurity News

Helping Keep Small Business CYBERSafe!
Gibraltar: Wednesday 06 November 2024 at 07:00 CET

CYBER INSIGHTS: The Latest SME Cybersecurity News & Intel …
Written & Curated By Iain Fraser – Cybersecurity Journalist
via CYBERInsights
First for SME Cybersecurity News

Welcome to Today’s Edition of CYBERInsights – The Daily Roundup of the Latest European SME Cybersecurity News including: 1). ICO Fines Companies for Spam Text 2). Action Fraud-Reporting Hacking 3). Blockchain & IoT Explained
#CyberInsights #CyberSecurity #CyberMedia #CyberPR #CyberAwareness #SME #SmallBusiness #smallbusinessowner

1). INFORMATION COMMISSIONER: ICO Fines two companies a total of £150k after they “bombarded” targets with spam texts offering financial, debt services. The ICO (Information Commissioners Office) has confirmed that it has fined two Manchester based financial and debt management companies a total of £150,000 for sending in excess of 7.5million spam text messages to people. Both Quick Tax Claims Limited, a company focusing on PPI tax refunds, and National Debt Advice Limited, first came to our attention in May 2023 when a number of complaints were sent to the 7726 spam message reporting service.

2). THREAT INTEL: HACKING – Over 33,000 People in the UK Fell Victim to Hacks in the Past Year Action Fraud, the UK’s national reporting center for fraud and cybercrime, has issued a warning that over 33,000 individuals have reported their online accounts being hacked within the last year. The majority of these breaches were due to phishing schemes and other forms of social engineering. One common tactic highlighted by Action Fraud involves attackers using compromised accounts to target the victim’s friends. For more details, visit: Action Fraud.

3). BLOCKCHAIN and IoT: A Game-Changer for Small Businesses – CyberKPI: Blockchain is a decentralized digital ledger that records transactions across multiple computers in such a way that the registered data cannot be altered retroactively. It’s best known as the technology behind Cryptocurrencies like Bitcoin, but its applications extend far beyond that. Blockchain ensures transparency, security, and immutability, making it a powerful tool for various industries. The Internet of Things (IoT) refers to a network of interconnected devices that can collect and exchange data. IoT devices gather and transmit data in real-time, allowing for enhanced automation, monitoring, and data-driven decision-making.

What is a VPN & Does my SME Need one? A VPN is a Virtual Private Network a method of securing your communications credentials. When it comes to Small and Medium-sized enterprises (SMEs), the choice of VPNs can significantly impact the security and efficiency of their operations.

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CYBER Insights – Helping Keep Small Business CYBERSafe!

Launched in 2020 by Cybersecurity Journalist Iain Fraser and his team at IfOnly… CYBERInsights was developed to be the go-to platform providing definitive, reliable & actionable Cybersecurity News, Intel, Awareness & Training specifically written and curated for Small Business & Enterprise Owners, Partners and Directors throughout the UK. #CyberInsights #CyberSecurity #CyberMedia #CyberPR #CyberAwareness #SME #SmallBusiness #smallbusinessowner

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CYBER INSIGHTS: Wednesday 06 November 2024 – Today’s SME Cybersecurity News & Intelligence

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