Home Blog Page 28

Tips And Tricks To Begin Investing In Cryptocurrency

Here, I will show you tips and tricks to begin investing in cryptocurrency.

Investing in cryptocurrency can seem formidable; for many, crypto is complex and full of volatile coins. This logic is only partially true, as crypto is volatile, but thorough research can help you choose more stablecoins.

Furthermore, the benefits far outweigh the risks; crypto is on a steady rise to replace traditional money.

Luckily, we have the internet, which can be a massive resource. We can learn from top traders, try new strategies, and keep up with crypto trends. Similarly, gamblers use the net for casino news, earning money and keeping them entertained.

Read on as we explore some essential fool-proof tips to help you get started with crypto investments.

READ ALSO: Cryptocurrency Guide

What Is Cryptocurrency?

What Is Cryptocurrency

Cryptocurrency is a digital currency that only exists electronically. It operates a decentralized system, meaning a sole entity like the government or a bank doesn’t govern it. It aims to solve some of the biggest pain points people experience with the traditional bank system.

It operates on the blockchain, which is why it doesn’t need a governing body. In addition, crypto transactions are instantaneous and often avoid the typical high bank fees.

Everything You Need to Know

Here are some essential tips you should know before investing in cryptocurrency;

Venture Into Altcoins

Bitcoin and Ethereum are two of the most popular cryptocurrencies, but there are several more that you can use. Of course, putting all your eggs in one basket is a sure way to lose them in a bad drop, so you should consider investing in altcoins.

However, ensure you research your preferred cryptocurrency to ascertain that it is stable and reliable.

Venture Into AltcoinsVigilance is Your Watchword

Crypto investors must always monitor the trends to know when to buy and sell their assets. To achieve the needed punctuality, they are vigilant and careful, traits they need to model. 

While cryptocurrencies are often safer than conventional money, you must remain alert to avoid any risks. A great tip is to study different ways to handle assets and explore convenient and sustainable methods. 

READ ALSO: Tips On Investing In Cryptocurrency [MUST READ]

Crypto is Volatile 

Many beginner crypto investments start without preparing for the possible volatility. It is no news that crypto isn’t as stable as traditional currencies. Bitcoin, for instance, experienced a major boom in recent years, showing how crypto can rise and fall.

You must be intentional and agile without your assets and make well-informed decisions that can positively impact your portfolio. Even expert crypto traders suffer some losses with their assets, so it won’t be strange for you to experience the same.

Benefits Of Investing In Cryptocurrency

Here are some benefits of investing in crypto for individuals and businesses:

Fast Transactions

Crypto transactions are generally faster than traditional banking transactions. It is because the money doesn’t pass through the typical legalities and governing body. So, it takes much less time, and the process is fast and straightforward.

There are no hidden fees, agents, brokerage fees, or commissions, so businesses and individuals can enjoy fast and cheap transactions. 

Benefits Of Investing In Cryptocurrency

Value Potential

Bitcoin ushered the hype for cryptocurrencies, and thousands more have joined the queue. The sector is growing fast, as reports predict it will grow and handle the financial needs of today’s world. These coins are already in circulation and are a great investment opportunity for people who take them seriously.

Secure Payments

One primary benefit of crypto is its payment security. The transactions are encrypted, meaning that they are safe, decentralized, and anonymous. It means one can access the transactions or get the details from your account history.

Essentially, all transactions on the blockchain are untouchable, and only you have the power to access the transaction and its details.

READ ALSO: How To Choose The Ideal Cryptocurrency To Invest In

Crypto Curious? Dive In With These 5 FAQs:

The world of crypto can be enticing, but also intimidating. Here are some tips to get you started on the right foot:

Where Do I Begin? Educate Yourself!

Before investing a dime, learn the crypto lingo. Research different cryptocurrencies, blockchain technology, and the risks involved. Websites like CoinMarketCap can help you explore different coins.

Is My Money Safe? Crypto Can Be Volatile!

Cryptocurrencies are known for wild price swings. Unlike stocks, they’re not backed by a company or government, so their value depends solely on what people are willing to pay. Invest what you can afford to lose, and never go all-in on a single cryptocurrency.

Where Can I Buy Crypto?

Cryptocurrency exchanges are your marketplace. Research reputable exchanges with strong security features. Be aware of fees associated with buying and selling crypto on these platforms.

How Do I Keep My Crypto Safe?

Once you’ve bought crypto, you need a secure place to store it. Some exchanges offer wallets, but consider a hardware wallet for extra security. These physical devices, like a mini flash drive, store your crypto offline, making them less susceptible to hacking.

Am I Going to Get Rich Quick? Not Likely!

Cryptocurrency can be a long-term investment with the potential for high returns and big losses. Don’t expect instant riches. Be patient, stay informed, and develop a long-term strategy.

A Final Word

Investing in crypto is a profitable trade that has the potential to yield returns. At first glance, it may seem challenging, but if you stick to a consistent strategy, you’ll be well on your way to success.


INTERESTING POSTS

Important Considerations For Developing A Cybersecurity Strategy

This post will show you the important considerations for developing a cybersecurity strategy.

With the growing dependence on technology to streamline operations, businesses and organizations have become more conscious of the importance of cybersecurity.

As more sensitive data is stored and transmitted electronically, the risk of cyberthreats and attacks has increased significantly. Therefore, developing a robust cybersecurity strategy is essential to protect sensitive information and prevent unauthorized system access. 

A cybersecurity strategy should be established as your first line of defense. Every firm faces different threats, so strategies may vary depending on the enterprise’s needs.

An efficient cybersecurity plan outlines how your company intends to safeguard its digital assets. It is essential to remember that the cybersecurity strategy shouldn’t be static and is meant to evolve along with the threat landscape.   

Don’t wait for an attack to occur before developing a cybersecurity strategy. Instead, be proactive and try to identify any potential threats early. There are no set guidelines for developing a solid cybersecurity strategy.

However, there are a few overarching principles that you should consider before, during, and after creating your plan.

Here’s an overview of the most important considerations for developing one.

Important Considerations For Developing A Cybersecurity Strategy

1. Understanding The Threat Landscape 

cybersecurity threats

Understanding the cybersecurity threats your company may confront is crucial for developing an effective strategy. Businesses should identify the types of threats they may face, such as malware, phishing attacks, ransomware, and insider threats. They should also consider the specific vulnerabilities that could be targeted within their IT infrastructure. 

Once the potential threats have been identified, businesses can assess the risk level associated with each threat. This involves evaluating the likelihood of a threat occurring and its potential impact on the organization. 

More importantly, they should also evaluate the attack surface, which refers to all the possible entry points a hacker could use to access an organization’s systems and data.

By assessing the vulnerabilities and risks associated with each entry point, businesses can create countermeasures to secure their systems. 

READ ALSO: Most Effective Cybersecurity Strategy For A Small Business [We Asked 45+ Experts]

2. Determining Strategic Needs 

After identifying the business’s cybersecurity vulnerabilities across all assets that need protection, including hardware, software, data, and intellectual property, you must determine the resources, features, and tools needed to make an efficient cybersecurity plan.  

You must invest time, effort, and money in developing a cybersecurity strategy that includes specific measures to protect your assets, mitigate vulnerabilities, and address potential threats.

For instance, if you realize that man-in-the-middle (MitM) attacks can seriously threaten your company, you’ll know that strong authentication and data encryption measures are required. 

Moreover, this is the stage where you choose which strategy elements you can outsource. Some of your strategic objectives may call for the assistance of cybersecurity professionals like Tanet Cybersecurity or similar alternatives. Outsourcing is great because it allows you to cut costs without compromising the quality and timeliness of service.  

3. Evaluating Cybersecurity Maturity

Evaluating Cybersecurity Maturity Evaluating cybersecurity maturity involves assessing the effectiveness of an organization’s cybersecurity measures and its ability to manage and mitigate cybersecurity risks.  

Start your review by evaluating the effectiveness of the organization’s technical controls, including firewalls, antivirus software, data encryption, and intrusion detection and prevention systems.

You must also check the maturity of your security protocols across various categories, such as policies, procedures, and practices. Consider the level of support and engagement from senior leadership and the organization’s commitment to compliance and regulatory requirements.  

More importantly, you should assess the organization’s ability to maintain critical operations during a cyberattack and recover from an incident. This includes disaster recovery, data backup and restoration, and incident response planning. 

You can use the evaluation report to help you develop an action plan for strengthening your cybersecurity. 

READ ALSO: The Rise of Smishing: How Businesses Can Protect Themselves from SMS Phishing Attacks

4. Creating A Disaster Recovery Plan (DRP)  

Although strong cybersecurity measures are crucial, you must also be ready to handle any possible breaches. It’s best to assume that your defenses could be better, no matter how sound your cybersecurity measures seem. 

The data recovery plan outlines how your company will defend against a cyberattack. The recovery plan’s main objective is to keep losses and damage to a minimum while ensuring that your systems are up and running as quickly as possible to prevent significant disruptions to productivity.

The roles of each person must also be clearly defined so that everyone knows what to do in the event of an attack. 

5. Involving Management  

Top management should be involved in cybersecurity plans because they play a critical role in setting the tone and culture of an organization and ensuring that cybersecurity is prioritized as a vital business function.  

Implementing a cybersecurity security strategy may entail adjusting processes and workflows, and the management knows how implementing the plan may affect productivity and profits.

Not only can they allocate resources for cybersecurity needs, but they can also ensure regulatory compliance throughout the organization to maximize efficiency.  

Top management involvement is critical to the success of cybersecurity plans, as they can create a future-focused strategy. 

READ ALSO: Signs Your Cybersecurity Strategy Isn’t Working (And What To Do About It)

6. Investing In Staff Training 

Investing In Staff TrainingThe success of your cybersecurity strategy hinges on whether or not your employees understand and implement it correctly. Realize that your employees are the ones who will be interacting with your systems daily. Since strategy implementation may impact their workflows, you must inform them of every development.   

Employees need cybersecurity awareness training to help them understand their responsibilities. They must realize cybersecurity’s value and how implementing the policies can safeguard corporate data. Moreover, they need to be trained on how to identify and deal with threats on a day-to-day basis.  

Cybersecurity training shouldn’t be a one-time affair. Every time you change certain parts of your strategy, you must invest in training (or re-training), so the employees can adjust alongside the new standards or policies.  

7. Documenting Your Strategy   

Documentation of cybersecurity strategies entails, among other things, the formulation of access controls, data security guidelines, cybersecurity policies, and disaster recovery plans. Ideally, it would be best to make this accessible to all employees within your organization.   

When documenting your cybersecurity strategy, you must make it easy to understand by using simple language. Recognize that this plan will need to be carried out by individuals who may be unfamiliar with specific technical phrases. So, keep things as simple as possible.   

Conclusion   

There is no one size fits all approach to developing a cybersecurity strategy. Ideally, crafting a strategy based on your threat landscape would be best. Note that the process of developing a cybersecurity strategy is ongoing.

So, you must be prepared to alter the plan based on your changing threat landscape. This may entail completely overhauling your systems, processes, and workflows.  

Successful implementation of cybersecurity measures necessitates you consider the things mentioned above. The list isn’t exhaustive but outlines the primary considerations for an efficient cybersecurity strategy.  


INTERESTING POSTS

Top Crypto Tips For YOU!

Here, I will show you top crypto tips…

Cryptocurrency is quickly becoming a trend in the financial world, as it offers massive investment opportunities and promises high returns, like investing crypto in betting online for instance.

As more investors and companies utilize cryptocurrency, it feels odd to sit out the boom. However, joining the bandwagon should be done with sufficient armor, which our article aims to arm you with.

Technology has helped birth the internet and made resources available to new crypto investors. Now, you can start your journey without joining a school or spending more.

If you’re a beginner or have been in the crypto market for a while, we have curated some indispensable tips to help you utilize your coins to make a tangible profit.

READ ALSO: Cryptocurrency Guide

Keep Your Cryptocurrency Secure

Keep Your Cryptocurrency Secure

This cannot possibly be over-emphasized. Since crypto is a digital currency that solely exists online, you risk losing your coins and tokens to hackers and fraudsters if you do not pay adequate attention to security.

To secure your crypto, ensure you have a verified and secure wallet. It is preferable to use cold storage, which entails storing your keys offline in a hardware wallet.

Also, enable two-factor authentication, use unique, hard-to-crack passwords, and ensure you have different passwords for different accounts. Remember, your crypto has to be safe from theft to make a profit.

Don’t Let Emotions Guide Your Investment Decisions

Never do this. However, this goes beyond deciding not to be ruled by your feelings, as even the most experienced of us sometimes deal with the FOMO syndrome or take drastic actions because of sentiment and public opinion. It’s what makes us human.

You can back your decision not to be ruled by emotions by automating some part of the process through stop-loss or take-profit orders. It is also essential to run your decisions through verified sources and in-depth research.

A clear investment strategy that includes data-driven plans, goals, risk tolerance, and an exit strategy is also very instrumental in guarding against your emotions. 

READ ALSO: How To Build A Well-Balanced Crypto Portfolio

Consider Working With a Professional

You often can’t go wrong listening to someone with expertise and field experience in cryptocurrency. Take time for consultations with established experts, and ensure you take their advice.

To find a qualified professional in cryptocurrency, start by researching and seeking recommendations from friends or colleagues.

You can also search online for professionals with relevant experience and qualifications. Verifying any potential professional’s credentials and track record before engaging in their services is crucial.

Look for professionals with adequate qualifications, a proven track record, accessibility, transparency, and reasonable fees.

READ ALSO: The Legalities Of Crypto Betting: A Global Perspective

Consider Staking and Yield Farming

Consider Staking and Yield Farming

Staking involves holding a certain amount of cryptocurrency in a wallet or on an exchange for a specific period and earning rewards for validating transactions on the network.

On the other hand, yield farming involves providing liquidity to a decentralized exchange (DEX) or a liquidity pool and earning rewards through interest or fees.

These investment strategies help you earn passive income while you play the crypto game long-term.

Pay Attention to Regulatory Developments

Cryptocurrency regulation refers to the rules and laws that govern the use, sale, and trading of cryptocurrencies. Staying informed about regulatory developments is essential because regulatory changes can significantly impact the market.

For example, regulatory changes can affect the legality of cryptocurrency transactions, the liquidity of specific coins, and the ability of cryptocurrency exchanges to operate.

Crypto regulations usually differ from country to country and can change according to economic changes, so always watch out for them by following news and analysis from reputable sources.

READ ALSO: Creating A Successful Trading Plan: 7 Things To Consider

Diversify Your Portfolio

Diversify Your Portfolio

Diversification entails investing in various cryptocurrencies with different technology and market influence. Coins usually perform differently in response to market conditions or what they are backed by, and diversification ensures you get a piece of the pie at the time of their boom.

Mix well-established coins like bitcoin with newer ones with growth potential, and look out for coins with different use cases like privacy-focused coins and gaming coins. While it does not guarantee increased profits, it significantly increases the chances!

Before investing in cryptocurrencies, doing your research and due diligence and following these top crypto tips is crucial. The crypto market is viable and will yield profits when handled carefully.

READ ALSO: Tips On Investing In Cryptocurrency [MUST READ]

Crypto Confidence Booster: 6 Top Tips for YOU!

The cryptocurrency world can be thrilling, but also complex. Here’s your roadmap to navigate it like a champ:

1. DYOR (Do Your Own Research) Before You Buy!

This is rule number one! Don’t just follow the hype. Research different cryptocurrencies, their purposes, and the underlying technology (blockchain). Explore market trends, but remember, past performance doesn’t guarantee future success.

2. Crypto Rollercoaster: Invest What You Can Afford to Lose!

Cryptocurrencies are known for their wild price swings. Think of it as a high-risk investment. Only invest what you’re comfortable potentially losing entirely. Treat it as a small portion of a diversified portfolio, not your main course.

3. Where’s the Crypto Market?

Cryptocurrency exchanges are your trading platform. Research reputable exchanges with strong security measures. Remember, these exchanges may charge fees for buying and selling crypto.

4. Fort Knox for Your Crypto: Secure Your Holdings!

Once you’ve bought crypto, you need a secure place to keep it. While some exchanges offer wallets, consider a hardware wallet for ultimate security. These are physical devices, like a mini flash drive, that store your crypto offline, making them more resistant to hacking.

5. Get Rich Quick? Think Long-Term!

Don’t be fooled by the “get rich quick” mentality. Building crypto wealth takes time and patience. Prepare for price fluctuations and approach it as a long-term investment with the potential for high highs and low lows.

6. Stay Curious and Keep Learning!

The crypto space is constantly evolving. Stay informed by following reliable crypto news sources and communities. The more you learn, the more confident you’ll be in your investment decisions. Remember, I can’t provide financial advice, so always do your own research before making any investments.


INTERESTING POSTS

How The Right Low-Code Solution Can Close The Skills Gap

Learn how the right low-code solution can close the skills gap.

As businesses around the globe strive to stay competitive in a digital era, the demand for software developers is skyrocketing. Gartner reports that enterprise app growth is outstripping internal IT capacity by a factor of five.

Unfortunately, this has left developers overworked and in short supply, leading to gaps in innovation and stunting many companies’ growth strategies. 

To bridge the skills gap and drive digital transformation, low-code solutions are becoming increasingly popular among organizations.

With low code, organizations can overcome staffing challenges, accelerate business productivity, meet changing customer needs faster and build apps at a fraction of the cost of traditional development. A low-code application platform can reduce development time by 90%. 

What Must Be Done To Close The Skills Gap?

What Must Be Done To Close The Skills Gap

Undoubtedly, the demand for software developers is putting a strain on many organizations. The skills gap is real, and it’s harming innovation and growth. Low-code solutions offer a way for businesses to overcome these challenges and stay competitive in the digital era. 

Low-code development platforms help to optimize resource allocation and boost revenue. With these platforms, companies can quickly adapt to changing market demands and customize their offerings to meet customer needs.

The benefit is that non-technical employees can develop business apps while the IT department focuses on more complex digital issues.

The platforms have built-in security features that make it easy for users to build secure applications, eliminating the need for risky tools. According to Gartner, low-code and no-code technologies are expected to triple in usage by 2025, with a projected 70% of all new apps being developed using these technologies.

How Do Low-Code Solutions Help Fight The Skills Gap?

Empower Non-Technical Employees

Low-code platforms empower non-developers to upskill in a digital world. They can use workflow management tools to develop applications without writing code. The technology increases employees’ technical skills and expands a company’s pool of developers. With more developers, a company can accelerate its digital transformation.

The rapid pace of technological advancement has made it clear that companies can’t afford to develop a single app for months. Software has a short shelf life (3-5 years), so companies that take months to build solutions will fail in a competitive market. Low code ensures applications are developed when they are needed. 

READ ALSO: Cybersecurity Skills Gap: Addressing the Talent Shortage in InfoSec

Businesses Build Apps on Demand

Businesses Build Apps on Demand

Businesses must constantly adapt and evolve to stay competitive in the digital age. However, they need new and innovative business solutions to achieve rapid growth and success.

Unfortunately, IT departments are already burdened with managing computer infrastructure and building critical applications, leaving little room for new requests. As a result, many businesses struggle to keep up with the pace of innovation and risk falling behind their competitors.

Low-code platforms allow business users with basic technical knowledge to build applications tailored to their specific needs. 

Organizations Produce Custom Solutions 

Traditional app development is a painstakingly slow process that often takes months. Low-code platforms accelerate app development with their visually intuitive interfaces.

Non-developers use templates and visual modelling tools to build applications. They can customize and scale the apps to fit the unique requirements of their organizations.

Low-code platforms empower companies to develop customized applications that meet their business requirements. Unlike mass-market solutions that often fall short, these apps can be easily updated, scaled, and tailored to improve functionality.

Moreover, because these apps are developed by those who use them, they are more efficient and productive, resulting in better overall performance.

Low-code Trend Predictions For Coming Years

Low-code Trend Predictions For Coming Years

Companies must have innovative business models and optimize workflows to remain successful in a fast-paced world. Low-code development platforms are helping businesses to transform at the speed of technology.

Let’s look at the top low-code trends for the coming years.

  • Increased demand for low-code solutions: By 2026, the low-code market will be worth about $46 billion. The technology’s popularity will rise as more companies adopt low-code and business experts partake in solution delivery.
  • More SaaS tools will have low-code platforms: A few years ago, most organizations used different tools for different business functions. Teams were siloed, and collaboration wasn’t happening. However, modern SaaS solutions incorporate low-code capabilities to enable users to build the applications they need to boost performance.
  • Democratization of app development: Gartner predicts that by 2026, non-developers will make up 80% of low-code users, up from 60% in 2021. Companies that use citizen developers will slash costs significantly and boost productivity.
  • Simplified data analysis: Data analysis is vital as it helps businesses acquire accurate information suitable for developing marketing strategies, maximizing new opportunities, and realigning the company’s vision. However, most organizations generate large volumes of unstructured data (80%-90%). Low code tools simplify data collection, testing, analysis, and more. They can also integrate with APIs to aggregate data from different sources.

READ ALSO: Cybersecurity Skills Gap: Addressing the Talent Shortage in InfoSec

Stay Competitive in a Digital-First Era

The WFH era brought the need for digital transformation to the forefront, but many IT teams are feeling the pinch. Companies risk getting left behind without the right technology, resources, or personnel.

Fortunately, low-code development platforms are here to save the day! These platforms allow non-technical employees to build customized digital solutions in a jiffy, keeping businesses ahead of the curve and leaving their competitors in the dust.

Low-code development platforms relieve the pressure on IT teams and empower app users to build the necessary solutions.

No more getting left behind in the digital race! Low code enables organizations of all sizes to adapt to changing market conditions and transform digitally without relying on software developers. Get ready to leapfrog the competition with low-code!


INTERESTING POSTS

Importance Of Dark Web Monitoring

0

This post explains the importance of monitoring the dark web to identify potential cyber threats and best practices for dark web monitoring.

According to reports, the Dark Web is a haven for hackers and terrorists, which could be dangerous for your business. Discover the specifics of the Dark Web and how to block it.

Terrorists, cyber bullies, and criminals of all stripes routinely access the Dark Web, a hidden area of the World Wide Web. 

As a network administrator, how should you protect your business from risks lurking on the Dark Web? Is there anything you can do? What exactly is Dark Web monitoring? Continue reading this article to know more.

READ ALSO: Dark Web 101: How To Access The Dark Web

What Is Dark Web Monitoring?

What Is Dark Web Monitoring

Using dark web monitoring as defense is one option that helps you defend yourself. 

Anyone can now access information previously only accessible to big businesses and use it to spot potential data breaches. 

You’ll know there’s an issue if you find sensitive information on the dark web. If you find a breach, you’ll know something needs to be done!

A corporation must identify the breach’s origin. This will enable you to react appropriately. An employee might be the bad guy if the source of the breach is internal. 

This can lead to a reconsideration of hiring procedures. The offender would undoubtedly be fired, and police enforcement might get involved.

A review of cybersecurity dangers is necessary if it is external. There will be some challenging questions for your cybersecurity team to address. It might result in more money being spent on security precautions. 

To prevent the harm that a data breach could cause, this cost is worthwhile. The harm could be either monetary, reputational, or both.

READ ALSO: OmniWatch Online Identity Protection Review

How To Put Dark Web Monitoring Into Practice?

How To Put Dark Web Monitoring Into Practice

Few companies have the resources to manually search the dark web to crosscheck if their data is there.

You can monitor the dark web in a useful way by employing dark web monitoring. Consider these to be task management tools for cybercriminals. They can look through the dark web for any of your private data. 

Moreover, they can be configured to watch the dark web continuously. If any of your data were to appear, they would notify you so your company could take swift action.

Monitoring the dark web should consider well-known forums used by cybercriminals. Look for references to your business, employees, or software. 

These can be indicators of an impending attack. Your cyber security team can potentially stop a breach if given advance information about this conduct.

Before becoming a victim of hackers operating on the dark web, it is essential to lower your risks.

READ ALSO: Web Security Guide: Keeping Your Website Safe

You can strengthen security by applying the following tips:

  • Employ secure passwords, and change them frequently.
  • Adopt safe email practices, such as not opening attachments from senders you don’t know.
  • Recognize who has access to data and establish controls.
  • Avert visiting untrusted websites.
  • You can easily protect your company from internet security threats by implementing a few critical procedures as part of a larger dark web monitoring strategy.

Importance Of Dark Web Monitoring: FAQs

The dark web is a murky corner of the internet where stolen data and other shady dealings can flourish. Here’s how monitoring it can help you stay safe:

What is Dark Web Monitoring?

Dark web monitoring services scan the dark web for mentions of your personal information, like email addresses, passwords, or credit card numbers. If they find a match, they alert you so you can take action to protect yourself.

Why Should I Monitor the Dark Web?

Unfortunately, Data breaches are common, and your information could end up for sale on the dark web without you knowing it. Monitoring can help you catch these leaks early and take steps to minimize damage, like changing passwords or freezing accounts.

Is Dark Web Monitoring Just for Businesses?

No! Identity theft is a major threat to individuals as well. Anyone who uses the internet and has online accounts should consider dark web monitoring for an extra layer of security.

How Do I Get Started with Dark Web Monitoring?

Some security software suites offer dark web monitoring as a feature, often with a free tier that monitors your email address for breaches. There are also dedicated dark web monitoring services available, some free and some with paid plans offering more features.

What Should I Do If My Information is Found on the Dark Web?

If you receive an alert about a leak, act quickly! Change your passwords for any accounts associated with the exposed information, and consider enabling two-factor authentication for added security. You may also want to contact the companies involved in the breach to report it and learn more about what steps they are taking.

Bottom Line

In conclusion, with the increasing prevalence of cyber threats on the dark web, businesses need to prioritize dark web monitoring as a defense mechanism. 

By monitoring the dark web, businesses can identify potential data breaches, determine their origin, and take swift action to prevent harm to their finances and reputation. While manually searching the dark web is resource-intensive, employing dark web monitoring tools can provide an effective solution. 

Additionally, businesses need to implement best practices such as using secure passwords, safe email practices, and access controls to strengthen their security measures further. 

By taking these steps and remaining vigilant, businesses can better protect themselves against internet security threats and safeguard their sensitive data.


INTERESTING POSTS

Who Are The Most At Risk Of Falling To Phishing Scams?

Who are the most at risk of falling into phishing scams? Read on to find out…

If you’ve ever received a random letter about too-good-to-be-true investment opportunities, you have experienced phishing firsthand. 

According to multiple resources, phishing has been the number one type of cybercrime in the last few years. 

Targeting individuals and businesses, phishing is the most frequent online attack and the most expensive, costing individuals and businesses millions of dollars.

The consequences for businesses are dire – operational halts, financial losses, lost customers, damaged reputation, stolen data, and legal fees. For individuals, falling victim to a phishing scam means losing their money, confidential data, and trust in online safety. 

But are all of us at risk of falling into phishing scams? Let’s break it down. 

What Is A Phishing Scam and How Does It Work? 

What Is A Phishing Scam and How Does It Work? 

For those who do not know, a phishing scam is a type of cybercrime and a social engineering attack where fraudsters attempt to steal your money or private information by pretending they are someone they are not – your bank, government, NHS, or distant cousin, for instance. 

Phishing scams are traditionally conducted via email, but new forms emerge yearly. Lately, phishing scammers have been targeting more and more of their victims via SMS and instant messaging apps such as WhatsApp. 

So, Who Are The Most At Risk Of Falling Into Phishing Scams?

So, Who Are The Most At Risk Of Falling Into Phishing Scams

Regarding cybercrime, ordinary people and small businesses share the same fatal flaw – they believe they are too insignificant to be targeted by malicious actors. 

Year after year, statistics confirm that nobody is safe from cyber-attacks.

In a recent study by the Office for National Statistics, half of the surveyed adults reported receiving a phishing message in the month before being asked.

It can be cheaper and more effective for cyber criminals to target hundreds of unsuspecting email users than attack a single organization with high-end IT protection. 

Who are the most at risk of being targeted by phishing scammers?

According to the report, the most vulnerable individuals are Millennials and Gen-Z internet users – people between 18 and 45 who spend much time unprotected online. 

Phishing scams often use big contemporary events as bait. During COVID, many individuals fell victim to phishing scammers posing as NHS. Another hot trend is aimed at online shoppers – “advance fee fraud” and “consumer and retail fraud” have increased by 9% and 57%, respectively.

Many phishing scams target financially unstable individuals and families. In the UK, phishing attackers pretend to be emailing on behalf of government agencies. They promise financial support and tax rebates in exchange for personal information, usually including credit card info. 

The most likely sectors to be targeted in the business world are Professional Services, Finance, Mining and Utilities, Manufacturing, and Public Administration. Nobody seems safe regarding organizational size, as scammers attack small, mid-sized, and high-profile businesses. 

In 2022, 6 out of 10 UK mid-sized businesses were hit by fraud.

As another consequence of COVID, one of the weakest entry points for phishing scammers and other cybercriminals are employees working from home. Most don’t use encryption to access company archives, thus making their employers an easy target. 

READ ALSO: Popular Types Of Cybercrimes

How To Protect Yourself/Your Business From Phishing? 

How To Protect Yourself/Your Business From Phishing

When facing a tricky enemy such as a phishing scam, the first line of defense is to stay vigilant. In other words, you should learn how to recognize a phishing scam.

If you receive a message containing one of these elements, chances are that you have a phishing email in your inbox: 

  • A sender is an unknown person, organization, or brand.*
  • There’s a suspicious-looking email address, link, or attachment. 
  • It includes a request for personal info or another unusual request. 
  • It creates a sense of urgency by setting a deadline. 
  • The message informs you that you’ve won something valuable. 

*The sender can also be a reputable brand or organization, even a government body. In this case, you’ll be able to recognize a phishing scam if you notice something else that is suspicious, such as a spoofed email address or link. But unusual requests are the number one telltale sign. 

The best cure against phishing is information. Learn about the red flags of phishing and the quick steps to perform if you click on a fake link.

Furthermore, blocking robotexts and spam messages is helpful to limit the number of phony SMS reaching you.

In addition, cyber safety experts call on individuals and businesses to practice digital security and use precautions. It includes strong passwords, two-factor authentication, regular updates, a firewall, and antivirus. 

You should also use a VPN to stay invisible online and minimize risk. A Virtual Private Network encrypts internet traffic, making online activities more private. Furthermore, download VPN apps with additional perks like blocking malicious websites.

Thus, known phishing sites will get automatically blocked. It is also essential for anyone working from home who wishes to protect their activities further.

Who Are The Most At Risk Of Falling To Phishing Scams? FAQs

Phishing scams can be tricky, and anyone can fall victim. However, some groups are more targeted than others. Here’s a breakdown:

Who Gets Phished the Most?

It’s a mixed bag! Studies show higher phishing rates among:

  • Young Adults (25-44): This age group receives a lot of emails and maybe busier, making them more susceptible to clicking without double-checking.
  • People with Disposable Income: Scammers often target those with more to lose financially.

Does Age Make You Immune?

Not necessarily. While some research suggests older adults receive fewer phishing attempts, they can still be vulnerable. Seniors may be less familiar with the latest online threats.

Are There Personality Traits That Put You at Risk?

Maybe. Phishing scams often rely on social engineering, preying on urgency, fear, or trust. People who are more trusting or easily stressed might be slightly more susceptible.

READ ALSO: How To Identify And Avoid Online Gaming Scams

So, How Can Anyone Stay Safe?

The good news is everyone can learn to spot phishing attempts! Here are some key things to remember:

  • Be Wary of Urgent Emails: Phishing emails often create a sense of urgency to pressure you to act fast. Slow down and double-check before clicking anything.
  • Check Sender Addresses: Does the email address look legitimate? Typos or strange domains are red flags.
  • Don’t Click on Suspicious Links: Hover over a link to see the real destination URL before clicking.
  • Be Skeptical of Free Offers or Unusual Requests: If something seems too good to be true, it probably is.
  • If Unsure, Don’t Be Afraid to Verify: If you’re unsure about an email, contact the sender directly through a trusted channel (like a phone number you know is correct).

Is There Software That Helps?

While security software can help block phishing attempts, staying vigilant is key. Always be cautious about the information you share online.

Conclusion 

Phishing scams are everywhere, so it’s easier to assume that every email you receive from an unknown sender and address is a potential fraud.

And if you’re 100% certain you’re dealing with a phishing email, report it and erase it. Never respond to a phishing email.


INTERESTING POSTS

Key Pro Tips For Managing Software Vulnerabilities

Here, I will show you key pro tips for managing software vulnerabilities.

Vulnerability management is the process of identifying, analyzing, and fixing defects in computer hardware or software that may be exploited by hostile actors to launch cyberattacks.

A vulnerability refers to a security flaw in a system. An attacker may exploit a vulnerability to gain unauthorized access to resources, steal sensitive data, disrupt corporate operations, or destroy an organization’s systems.

Vulnerability management must be continuous and iterative due to threats’ ever-changing nature, especially when dealing with log4j vulnerability issues. As a result, we will detail the best practices to assist you in managing vulnerabilities effectively.

Create a Vulnerability Management Strategy

Create a Vulnerability Management Strategy

Creating a vulnerability management plan is suggested for several reasons. One of the most essential reasons is to ensure compliance with all security regulations and industry standards, such as PCI DSS and ISO 27001.

The vulnerability management approach is also important because it gives a full view of an organization’s information technology (IT) infrastructure.

It helps businesses respond to possible security threats more swiftly and effectively. It is very unlikely that an inadequate vulnerability management approach would defend an organization against attacks.

A solid strategy for controlling vulnerabilities should incorporate comprehensive security safeguards and access controls.

READ ALSO: Web Security Guide: Keeping Your Website Safe

Implement Regular Scans

Scanning the network frequently aids in discovering new vulnerabilities, thereby mitigating the continuous threat. Identifying and fixing vulnerabilities as soon as feasible is critical if the risk of their being exploited is to be reduced.

A network may be safeguarded in various ways, one of which is allocating enough resources to network security maintenance and detect new security issues.

When the proper settings are in place, you can ensure that all patches and upgrades will be completed quickly and precisely.

Another way to find and fix security issues is to use security scanners to check the organization’s current security settings, equipment, applications, and processes. To avoid any challenges, businesses must use reactive and proactive solutions, such as intrusion detection systems (IDS), firewalls, and antivirus software.

To put it another way, addressing existing security vulnerabilities is a more efficient technique than relying on a strong perimeter defense. It enables teams to analyze vulnerabilities better and protect the network and applications.

Assess and Prioritize Vulnerabilities

The vulnerability scan results are analyzed as part of the vulnerability assessment process. This approach aims to identify vulnerabilities that pose a significant risk to your firm.

A vulnerability assessment provides a study of the vulnerabilities that must be corrected in order of priority.

During a vulnerability assessment, the vulnerability’s potential impact on the organization, the likelihood that the flaw will be exploited, the level of complexity involved in exploiting the vulnerability, and the type of asset at risk should all be considered.

Remediate Vulnerabilities

Before remediation can begin, the discovered vulnerabilities must be patched or resolved. Both automated tools and hand-operated techniques may be employed in the remediation process.

It is critical to identify repair priorities based on the severity of the vulnerability, the asset, and the potential impact on the firm. After vulnerabilities have been remedied, you must validate that the remediation was successful and the vulnerability has been fixed.

READ ALSO: 5 Cybersecurity Tips To Protect Your Digital Assets As A Business

Monitor Ongoing Threats and Opportunities

Monitor Ongoing Threats and Opportunities

It is in every company’s best interest to evaluate whether or not there are any remaining threats or possibilities before implementing their vulnerability management programs.

So, one of the most important parts of a strategy for managing vulnerability is looking for new risks and opportunities. While developing your vulnerability management strategy, you may use a variety of approaches to keep an eye out for new risks and possibilities.

Many businesses and organizations opt to hire independent assessment agencies to conduct regular security posture assessments. They may be useful to you in identifying possible weaknesses in your organization and develop plans to address them before they become public knowledge.

Make it a practice to visit security news websites regularly. You will have a greater chance of recognizing and avoiding risks and vulnerabilities if you keep your knowledge about ongoing risks and vulnerabilities up to date.

Moreover, you must ensure everyone is informed of what is happening in their particular groups. For example, if a team member is working on a new product or feature, ensure they are aware of any possible risks, such as privacy and security.

Pro Tips for Managing Software Vulnerabilities: FAQs

Software vulnerabilities are like cracks in your digital armor. Left unaddressed, they can open the door to cyberattacks. Here are some essential tips to keep your systems secure:

What’s the Big Deal About Vulnerabilities?

Software vulnerabilities are weaknesses in code that attackers can exploit to gain unauthorized access to systems, steal data, or cause disruptions. Regular patching is crucial to plug these holes and keep your software up-to-date.

How Do I Find These Vulnerabilities?

There are two main approaches: vulnerability scanning and penetration testing. Vulnerability scanners use automated tools to identify weaknesses in your software. Penetration testing simulates real-world attacks to uncover deeper issues.

Not All Vulnerabilities Are Created Equal: How to Prioritize?

Not every vulnerability poses the same threat. Prioritize based on severity (how easily exploited) and exploitability (how likely it is to be attacked). Factors like the software’s criticality and the value of the data it stores also play a role.

READ ALSO: Cyber Security Or Physical Security – Which Should You Prioritize?

How Do I Fix Vulnerabilities?

The most common way is to apply software patches released by the vendor. These updates fix the vulnerabilities and strengthen your defenses. Workarounds or temporary mitigations may sometimes be necessary until a permanent patch is available.

How Do I Stay on Top of Things?

Managing vulnerabilities is a continuous process. Here are some best practices:

  • Automate vulnerability scanning: Schedule regular scans to identify new vulnerabilities as they emerge.
  • Centralize vulnerability management: Use a central system to track identified vulnerabilities, prioritize them, and assign remediation tasks.
  • Stay informed: Subscribe to security advisories from software vendors to be notified of new vulnerabilities and available patches.

Final Thoughts

By following these pro tips, you can significantly reduce your risk of software vulnerabilities and keep your systems safe from cyberattacks. Security is an ongoing process, so stay vigilant and keep your defenses up!

Adopting an appropriate strategy for managing risks and vulnerabilities is a key building block of any security program, and it is required to meet the many regulatory or compliance obligations that may be imposed.

An effective vulnerability management plan enables organizations to deal with an expanding number of cyber threats while remaining confident in the integrity of their physical infrastructure and the safety of their systems and data.


INTERESTING POSTS

What Are The 3 Main Benefits Of General Liability Insurance?

Here, I will reveal the 3 main benefits of general liability insurance…

Great insurance can give a lot of business leaders peace of mind. It can make them legally compliant and help them look after their employees and customers. 

Of course, not every type of insurance is required by law. Moreover, not every type of business requires every type of coverage. Therefore, some companies can be left in the lurch, unsure whether certain coverage is for them. 

States typically make general liability insurance optional, though it’s strongly recommended that you sign up for your own coverage due to the distinct benefits these arrangements provide.

Let’s explore what these perks are after the jump. 

What Are The 3 Main Benefits Of General Liability Insurance?

#1 Saving Money

Saving Money

Obviously, general liability insurance covers your business against some bleaker circumstances. Having it on hand can be a time and money saver. 

General liability insurance covers things like a client hurting themselves on your premises. It could also cover your employee’s potentially damaging part of a customer’s property. Legal costs during a lawsuit can also be funded.

If you didn’t have the coverage, you would need to square away these claims with your own money, which could incur significant financial losses. 

The Hartford can help you avoid general liability risks by giving you fair quotes and up-to-date information on what the policy covers. Their service is highly rated, so you can trust working with them.

They also state that four in ten small business owners will likely experience a liability claim in the next ten years and detail the costs typically associated with the coverage too. 

#2 Opening New Doors

As you learned in the previous heading, general liability insurance concerns others as much as your business. It’s damage control, ensuring that unforeseen incidents don’t spiral out of control, and it can also ensure you’re informed about keeping others safe. 

Many people need those assurances, including the other businesses you work with. After all, trust goes a long way in a business partnership, and your peers need to know that they’re working with a business with responsible measures in place, as we all have a sound moral compass. Some businesses will insist that the companies they deal with have general liability insurance coverage. 

Because the coverage is optional, some enterprises may not be willing to comply with these preferences. By doing so yourself, your company could have a distinct advantage over them, creating opportunities for you to seal larger deals with bigger and better clients.

READ ALSO: Does VPN Give Free Data Or Internet Access? [Expert Answer] 

#3 Improving Your Reputation

Improving Your Reputation

If you’re looking after everybody who comes into contact with your business and creating new exciting business deals, you’ll build a positive reputation for your venture. More opportunities can arise from your good name, too. 

Experts believe that better service builds a stronger reputation in business, and general liability insurance can expand upon that. Its presence signifies that a business is conscious of meeting standards, looking after others, and dealing with consequences.

Accountable companies are often the most well-thought-of, and that’s the message general liability insurance can convey. 

Of course, general liability insurance also helps you to protect your company against libel and slander, so your reputation can be looked after in that sense, too. Ultimately, the coverage says only good things about your firm’s integrity. 

Additional Benefits

In addition to the three main benefits listed above, general liability insurance can also provide several other benefits for your business, such as:

  • Peace of mind: Knowing that you are protected by It can give you peace of mind as a business owner. You can focus on running your business without worrying about the financial consequences of a lawsuit.
  • Increased customer confidence: It can help you increase customer confidence. Customers are likelier to do business with a company with general liability insurance. This is because they know the company is committed to protecting their interests.
  • Attracting and retaining employees: It can help you attract and retain employees. Employees are more likely to work for a company that has general insurance. This is because they know the company is committed to providing a safe and healthy work environment.

READ ALSO: 10 Tips To Secure Your Smartphones (iOS and Android)

Benefits of General Liability Insurance: FAQs

Why is it important that I have liability insurance?

General liability insurance protects your business from financial losses if someone sues you for third-party bodily injury or property damage caused by your business operations. A frivolous lawsuit can cost much to defend, and liability insurance can cover those legal costs.

What are the benefits of excess liability coverage?

General liability policies have coverage limits. Excess liability insurance, or umbrella insurance, provides additional coverage beyond those limits, offering extra peace of mind.

What is liability and why is it important to businesses?

Liability refers to your legal responsibility for something. This can encompass a wide range of situations for businesses, from a customer slipping and falling on your premises to a product you sell causing damage. General liability insurance helps safeguard your business from the financial burden of such liabilities.

What does cybersecurity insurance cover?

Cybersecurity insurance is a separate policy that helps protect businesses from financial losses from data breaches or cyberattacks. It may cover costs like notifying customers, repairing computer systems, and legal fees.

READ ALSO: Cyber Security Or Physical Security – Which Should You Prioritize?

Is cybersecurity insurance worth it?

With the rising frequency of cyberattacks, cybersecurity insurance can be a valuable tool for businesses of all sizes. The cost depends on your business’s risk profile, but it can be a wise investment to mitigate the potentially devastating consequences of a data breach.

What is the average cost of cybersecurity insurance?

Cybersecurity insurance costs vary depending on factors like your industry, company size, and the amount of coverage you need. It’s generally more expensive than general liability insurance, but the exact cost can be obtained by contacting insurance providers.

What are the requirements for cyber insurance?

There are no universal requirements, but insurers may assess your cybersecurity posture through questionnaires or requests to see your existing security measures in place. Strong cybersecurity practices can help you qualify for coverage and potentially lower premiums.

A Final Word

There you have them! The three main benefits of general liability insurance.

General liability insurance is an important investment for any business. It can help you protect your business from financial losses, open new doors, improve your reputation, and give you peace of mind.

If you do not already have general liability insurance, I encourage you to consider getting it.


INTERESTING POSTS

Traveling Abroad: 5 Safety Tips When Connecting To Wi-Fi Overseas

In this post, I will show you 5 safety tips when connecting to Wi-Fi overseas.

Today, due to the widespread availability of WI-FI, the majority of restaurants, hotels, and shopping centers, provide their clients with free access to public networks.

Access to the internet nowadays is more crucial than ever, especially when traveling. However, fraudsters frequently keep an eye on open Wi-Fi networks and intercept information sent across the connection. 

This way, cybercriminals can gain access to a user’s banking credentials, account passwords, and other valuable information. We have compiled five tips for you to protect your data when traveling abroad. 

Traveling Abroad 5 Safety Tips When Connecting To Wi-Fi Overseas

In addition to safety in the digital world, your own physical safety while traveling is also essential. Fraudsters typically operate in public places, especially in public transport, and for this reason, it is worth opting for renting your own car. 

As a result, you will not only protect yourself but also be able to comfortably and quickly move around the city. Car rental services provide a wide range of vehicles for all tastes and budgets. 

Moreover, you can combine business with pleasure and take advantage of premium car rental Dubai, which will surely provide you with an unforgettable experience. Specialists of the car hire service will help you to make a choice, but it is also possible to rent a vehicle in advance on their website.

For now, let’s go back to digital security and the measures you can take to protect yourself.

Traveling Abroad: 5 Safety Tips When Connecting To Wi-Fi Overseas

1. Do not input additional information

Occasionally, some Wi-Fi hotspots may ask you to provide your mailing address or phone number. Unless you trust the company, do not provide this information. Often this information can later be used for various market studies and spam mailings.

However, if it is still required in order to connect to the Internet, use an additional or non-existent mailing address or phone number.

READ ALSO: How to Ensure Security and Safety when Traveling for Business

2. Choose a secure HTTPS connection

Choose a secure HTTPS connection

Browse sites only with a secure HTTPS connection. This connection is quite easy to recognize. The address bar of your browser will show https:// instead of http://. In the Google Chrome browser, the address bar will also show a small icon with a green lock on it.

3. Disable AirDrop and file access

It’s pretty easy to get malicious code on your device through an open Wi-Fi hotspot. Therefore, it is recommended to disable file sharing and AirDrop. 

In order to do this, go to the Network and Sharing Center if you’re connecting from a Windows-based computer, select Change advanced sharing settings, and turn off file transfer and wireless printing. 

Mac owners need to open the settings, select the Sharing menu and uncheck all the checkboxes. Afterward, launch Finder, select AirDrop, and disable file transfer for other users. Thus, no one will be able to take advantage of the device’s vulnerability.

4. Check the terms and conditions you agree to

When connecting to an open Wi-Fi hotspot, you can often see a message with terms of use that you must agree to. Reading all the rules is strongly recommended. The company may sometimes use the data on the sites you visit for its own purposes. 

Use VPN services

5. Use VPN services

One of the safest ways to surf the Internet through open Wi-Fi hotspots is to use a secure data connection with a VPN.

Keep in mind that not all free VPN providers are safe. Be sure to use only reputable services, or better to pay for the long term subscription to protect your data on a daily basis.

READ ALSO: Taming the IoT in the Wild: How To Secure Your IoT Device

Frequently Asked Questions

Here are FAQs on Safety Tips When Connecting To Wi-Fi Overseas:

Is it safe to use public Wi-Fi overseas?

Public Wi-Fi can be convenient, but it’s important to be aware of the risks. Unsecured public Wi-Fi networks can be infiltrated by hackers who can steal your personal information, such as your passwords and credit card details.

What are some tips for staying safe on public Wi-Fi?

  • Avoid using public Wi-Fi for sensitive activities: If you can, avoid using public Wi-Fi for activities that involve sending or receiving sensitive information, such as online banking or checking email accounts that contain sensitive information.
  • Use a VPN: A VPN (virtual private network) encrypts your internet traffic, making it much more difficult for hackers to steal your information.
  • Be careful what you share: Be mindful of what information you share online when connected to public Wi-Fi. Avoid sharing personal information such as your home address or phone number.
  • Disable file sharing: On your computer, disable file sharing to prevent other devices on the network from accessing your files.
  • Turn off Wi-Fi when not in use: When you’re not using Wi-Fi, turn it off to reduce the risk of someone hacking into your device.

Should I use a mobile hotspot instead of public Wi-Fi?

Using a mobile hotspot can be a more secure option than using public Wi-Fi, as it creates a private network for your devices. However, using a mobile hotspot can use up a lot of data, so be sure to check your data plan before using it extensively.

READ ALSO: 8+ Best Free VPN services for PCs [Not Free Trial]

What if I don’t have a VPN?

If you don’t have a VPN, there are still some things you can do to stay safe on public Wi-Fi. Be careful what information you share online, and avoid using public Wi-Fi for sensitive activities. You can also consider using a paid Wi-Fi service, which may be more secure than public Wi-Fi.

What are some other things to keep in mind when connecting to Wi-Fi overseas?

  • Be wary of Wi-Fi networks that require you to enter personal information to connect. These networks could be fake and set up by hackers to steal your information.
  • If you’re unsure about the security of a Wi-Fi network, it’s best to err on the side of caution and avoid using it.

Bottom Line

In the end, we would like to note that in the next few years, a new Wi-Fi protocol will be widely implemented, which will significantly increase the security of public access points.

In the meantime, in order to avoid accidents, it is better to check what data you receive and what sites you visit.


INTERESTING POSTS