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Irish Regulators Open Privacy Probe into Google Activities

Daniel Segun
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Irish Regulators Open Privacy Probe into Google Activities

Irish data protection regulators have opened a privacy probe into Google. This is a new one from the EU regulatory body, amid growing concerns about privacy infractions by Google, which has been accused of exploiting users’ private information for advertising purposes.

In a move with significant implications for Big Tech and data privacy, Ireland’s Data Protection Commission (DPC) has opened an official investigation into Google’s data collection practices.

Due to the company’s European headquarters in Dublin, the DPC, the lead regulator for Google in the European Union, will scrutinize how Google uses personal information for advertising purposes.

This probe comes amidst growing concerns over the vast amount of data collected by tech giants and how it’s utilized.

Privacy advocates have long raised alarms about the potential for misuse and the lack of transparency surrounding data collection practices.

The DPC’s investigation signals a potential turning point, holding Google accountable for its data practices and potentially setting a precedent for stricter regulations across the EU.

Irish Regulators Open Privacy Probe into Google Activities

Will this investigation affect me as a Google user?

The immediate impact on users is likely to be minimal. However, the outcome of the investigation could have long-term implications. If the DPC finds Google in violation of GDPR regulations, it could force Google to change how it collects and uses user data. This could potentially lead to increased transparency for users about data collection practices and potentially give them more control over their information.

Is this just about Google, or are other tech companies also at risk?

The Irish probe into Google is a significant development, but it’s not an isolated incident. Regulators around the world are increasingly scrutinizing data collection practices by Big Tech companies. This investigation sets a precedent and could prompt similar investigations into other tech giants that rely heavily on user data for advertising revenue. The outcome of the DPC’s investigation could pave the way for stricter data privacy regulations across the globe.

The Irish Data Protection Commission’s probe into Google’s data collection practices marks a turning point in the ongoing conversation about data privacy. This investigation holds significant implications for Big Tech companies and empowers users to take a more proactive approach in safeguarding their personal information. As the investigation unfolds, it will be crucial to monitor its outcome and the potential impact it has on the future of data privacy regulations and user control over their personal information.

Unveiling the Allegations: What’s Under Scrutiny?

The exact details of the probe haven’t been publicly disclosed, but reports suggest the DPC will be examining Google’s:

  • Data Collection Methods: Investigators will likely investigate how Google gathers user data across various platforms, including search engines, mobile apps, and online services like YouTube.
  • Data Sharing Practices: A key area of focus will be how Google shares user data with third parties, particularly for advertising purposes.
  • Transparency and Consent: The DPC will likely scrutinize whether Google adequately informs users about how their data is collected, used, and shared and whether users can easily opt out of data collection.

Why Ireland? The Seat of European Scrutiny

The European Union’s General Data Protection Regulation (GDPR) established a framework for data privacy and granted significant enforcement powers to national data protection authorities.

Since Google’s European headquarters are in Ireland, the DPC oversees the company’s data practices across the entire EU.

This unique position makes the Irish regulator a central figure in holding Big Tech accountable for data privacy violations.

Potential Outcomes: What Could Happen Next?

The DPC’s investigation could lead to a range of outcomes, including:

  • Changes to Google’s Data Practices: If the DPC finds Google violating GDPR, the company could be forced to modify how it collects, uses, and shares user data.
  • Fines: The GDPR empowers regulators to impose significant fines on companies found to be in breach of data protection laws. The potential for hefty penalties could act as a strong deterrent for non-compliance.
  • Setting a Precedent: The outcome of the DPC’s investigation could set a significant precedent for data privacy regulations across the EU and beyond. Other regulators might follow suit and launch similar investigations into Big Tech companies.

Why Ireland? The Seat of European Scrutiny

The Wider Impact: Beyond Google

The Irish probe into Google’s data practices is just one piece of a giant puzzle. This investigation serves as a wake-up call for all Big Tech companies that rely on user data for advertising revenue.

Regulators worldwide are increasingly scrutinizing data collection practices, and stricter regulations are likely on the horizon.

The outcome of the DPC’s investigation could have a domino effect, with other regulators taking a more proactive approach to enforcing data privacy laws.

This could lead to a significant shift in how tech companies operate, requiring them to be more transparent and accountable in their data collection practices.

The User’s Perspective: A Call for Empowerment

The Irish probe highlights the importance of data privacy for users. This investigation serves as a reminder that individuals have a right to control their personal information.

Users should know how their data is collected and used and can opt out.

The potential outcomes of the DPC’s investigation could empower users by:

  • Increased Transparency: Companies might be forced to be more transparent about data collection practices, allowing users to make informed choices.
  • Enhanced Control: Users might be given more control over their data, potentially including the ability to easily download, delete, or restrict the sharing of their personal information.

The Road Ahead: A Balancing Act

The tension between data privacy and innovation is a complex issue. Data is undoubtedly a valuable resource for businesses, allowing them to personalize services and deliver targeted advertising. However, this value proposition should not come at the expense of user privacy.

The DPC’s investigation into Google serves as a starting point for a crucial conversation. Striking a balance between fostering innovation and ensuring user privacy is paramount.

The outcome of this investigation, and the potential for stricter regulations, could shape the future of data collection practices and empower users to take greater control of their personal information.

Note: This was originally published on Aug 24, 2019, but has been updated for freshness and accuracy.

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Kaspersky Security Flaw Exposes Millions to Hacks

Chandra Palan
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Kaspersky Security Flaw Exposes Millions to Hacks

A security flaw in Kaspersky Antivirus software has been discovered that could expose millions of users to hacks. The flaw was discovered by German security researcher Ronald Eikenberg, who found that Kaspersky was injecting JavaScript code into websites.

If exploited by malicious actors, this code could act as a digital spy, tracking users’ browsing activity and potentially stealing their personal information.

Eikenberg’s research suggests the issue may have been present for a significant period, potentially since 2016. This raises concerns that millions of unsuspecting users might have been exposed. The potential consequences are dire.

Cybercriminals could leverage this vulnerability to track a user’s online movements and steal sensitive data like passwords. In a worst-case scenario, they could even install malware on compromised machines, giving them complete control over the system.

Kaspersky Labs has acknowledged the issue and released a patch in their latest software update. However, this doesn’t eliminate the risk.

Users who haven’t updated their software remain vulnerable. Kaspersky users must update their software immediately to benefit from the security fix and mitigate the risk of being targeted by malicious actors.

READ ALSO: The Best Antivirus Software

How To Protect Yourself

How To Protect Yourself

If you use Kaspersky Antivirus software, you should update to the latest version as soon as possible. You can also turn off the JavaScript feature in Kaspersky’s settings.

In addition, you should be careful about what websites you visit and what information you enter on those websites.

What to do if you have been affected

If you think that you may have been affected by the Kaspersky security flaw, you should change your passwords and monitor your accounts for any suspicious activity.

You should also contact your bank or credit card company to let them know about the potential breach.

This is a serious security issue, and it is important to take steps to protect yourself. By following the advice in this article, you can help to keep your personal information safe.

READ ALSO: Best VPN For 2023

What is JavaScript?

JavaScript is a programming language that is used to add interactivity to websites. It can track users’ browsing activity, steal personal information, or install computer malware.

How did the flaw work?

Kaspersky Security Flaw Exposes Millions to Hacks

The flaw in Kaspersky software allowed the company to inject JavaScript code into websites. This code could track users’ browsing activity and steal their personal information.

READ ALSO: Best Antivirus Deals For Christmas 2023

How many people were affected?

Millions of people were estimated to be affected by the Kaspersky security flaw.

What did Kaspersky do to fix the flaw?

Kaspersky Labs acknowledged the flaw and said it has been fixed in the latest software version. However, users still using older software versions are still at risk.

How can people protect themselves?

People using Kaspersky Antivirus software should update to the latest version immediately. They can also turn off the JavaScript feature in Kaspersky’s settings. In addition, they should be careful about what websites they visit and what information they enter on those websites.

READ ALSO: Best Antivirus For 2023

Here are some additional tips to help you protect yourself from cyber attacks:

  • Use strong passwords and change them regularly.
  • Be careful about what information you share online.
  • Only download software from trusted sources.
  • Keep your operating system and software up to date.
  • Use a firewall and antivirus software.

Following these tips can help keep your personal information safe from cyber-attacks.

READ ALSO: Full Review of Kaspersky Antivirus

Kaspersky Antivirus FAQs: Security Concerns and Alternatives

Kaspersky Antivirus FAQs: Security Concerns and Alternatives

Kaspersky Antivirus has long been a popular choice for computer security, but recent controversies have raised questions about its functionality and trustworthiness. Here are answers to some frequently asked questions:

Does Kaspersky protect against hackers?

Kaspersky Antivirus can still offer protection against some hacking attempts. It can detect and block malware, viruses, and phishing scams. However, the recent security flaw discovered by a researcher raises concerns about its effectiveness against certain types of attacks.

What is the controversy with Kaspersky Internet Security?

The controversy surrounds a security flaw discovered in Kaspersky software that allowed for injecting JavaScript code into websites. Hackers could potentially exploit this code to track user activity and steal personal information. Additionally, Kaspersky’s ties to Russia have raised concerns among some users, particularly in light of the ongoing geopolitical situation.

READ ALSO: 8 Best Antivirus with VPN

Can Kaspersky be trusted?

Your trust level in Kaspersky depends on your individual risk assessment and comfort level. The company claims the security flaw has been fixed, but some users may be wary due to the potential for past exposure and its Russian origins.

What do I replace Kaspersky with?

Several reputable antivirus alternatives are available, each with its strengths and weaknesses. Here are a few options to consider:

  • Surfshark Antivirus: Offers excellent malware protection and a user-friendly interface.
  • Norton 360: Provides comprehensive security features, including antivirus, anti-phishing, and identity theft protection.
  • AVG Free Antivirus: An excellent free option that offers essential malware protection.
  • ESET NOD32 Antivirus: Known for its lightweight design and effective malware detection.

Important Note: Before switching to a new antivirus solution, it’s crucial to uninstall Kaspersky first to avoid potential conflicts between the two programs.

Ultimately, whether to continue using Kaspersky or switch to another antivirus provider is a personal decision. Carefully weigh the potential risks and benefits based on your needs and comfort level.

Conclusion

The Kaspersky security flaw is a severe security issue that could have exposed millions of users to hacks. It is essential to protect yourself from this flaw and other cyber attacks.

Following the advice in this post can help keep your personal information safe.

Note: This was originally published on Aug 24, 2019, but has been updated for freshness and accuracy.

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AOMEI Backupper Software Review – Benefits and Features

Daniel Segun
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AOMEI Backupper Software Review – Benefits and Features

In today’s digital age, data loss can be a devastating experience. From irreplaceable photos and documents to critical work files, the importance of having a reliable backup solution cannot be overstated.

AOMEI Backupper emerges as a popular option in the backup software market, offering features for both novice and experienced users.

This AOMEI Backupper review delves into the key functionalities, pros and cons, and various editions of AOMEI Backupper to help you decide if it’s the right fit for your data protection needs.

What Is AOMEI Backupper?

AOMEI Backupper is a software program designed to create backups of computer data. It allows you to back up various things, including:

  • Entire system: This creates an image of your whole operating system, including system files, applications, and personal data. If your system crashes or your hardware fails, you can restore everything to its original state.
  • Disks and partitions: You can back up specific hard drives or partitions, which are helpful for data drives containing critical information.
  • Files and folders: For situations where you only want to back up specific files or folders, AOMEI Backupper allows you to select what to include.
  • Disk cloning: This feature creates an exact copy of a source disk, helping to migrate data to a new hard drive or create a bootable backup of your system drive.

AOMEI Backupper is renowned for its user-friendly interface and straightforward design. It offers a free version with basic features, including system, disk, partition, and file/folder backups, along with scheduling options.

Paid editions unlock advanced features, including incremental/differential backups to save storage space, image verification to ensure backups can be restored, and email notifications to keep you informed.

Overall, AOMEI Backupper is a solid choice for anyone seeking a user-friendly and reliable way to back up their data, whether you’re a home user, a small business owner, or an IT professional managing multiple computers.

Benefits Of AOMEI Backupper

AOMEI Backupper offers a variety of benefits that make it an attractive option for data backup:

  • Ease of Use: AOMEI Backupper is known for its user-friendly interface. Even non-technical users can easily navigate the software and configure backup tasks. Clear instructions and explanations of the tools make the process straightforward.
  • Comprehensive Backup Options: The software provides a range of backup solutions tailored to various needs. You can back up your entire system, specific disks or partitions, individual files and folders, or even create a complete disk clone for migration purposes.
  • Scheduling and Automation: AOMEI Backupper allows you to schedule automatic backups on a daily, weekly, monthly, or event-based basis. This ensures your data is protected regularly without manual intervention.
  • Efficient Backups: Features like incremental and differential backups capture only the changes made since the last backup, saving storage space and reducing backup time compared to full backups performed every time.
  • Free Version with Core Features: AOMEI Backupper offers a free version with basic backup functionalities for system, disk, partition, and file/folder backups. This allows users to try the software before committing to a paid edition.
  • Paid Editions for Advanced Needs: Paid editions unlock advanced features like image verification to ensure backups can be restored successfully, email notifications to inform you about backup status, and command-line support for more technical users.

READ ALSO: Free Backup Utility for Windows 11/10/8/7: Easy to Use

First Impressions – User Interface and Ease of Use

AOMEI Backupper immediately impresses with its clean and intuitive interface. The main menu displays clear icons for all core functionalities, including system backup, disk backup, partition backup, file backup, and clone functions.

Even for non-technical users, navigating through the various backup options feels effortless. The software provides detailed explanations for each feature, making it easy to understand and configure backup tasks.

Core Functionality: Backup and Restore Options

AOMEI Backupper offers a comprehensive suite of backup tools:

  • System Backup and Restore: This crucial function allows you to create a complete image of your entire operating system, including system files, applications, and personal data. In the event of a system crash or hardware failure, restoring a system image can help you get back up and running quickly.
  • Disk & Partition Backup and Restore: This feature enables you to back up entire hard drives or specific partitions. This is useful for creating backups of data drives or partitions containing critical information.
  • File/Folder Backup and Restore: This option offers a targeted approach for users who want to back up only specific files or folders. You can select individual files or entire directories to include in your backup schedule.
  • Disk Clone: The disk clone functionality creates a replica of a source disk onto a destination disk. This helps migrate data to a new hard drive or make a bootable system drive backup.

Advanced Features: Scheduling and Automation

AOMEI Backupper goes beyond basic backup capabilities by offering features that streamline the process:

  • Schedule Backups: You can configure automatic backups to run daily, weekly, monthly, or based on specific events, ensuring your data is protected regularly.
  • Incremental and Differential Backups: These intelligent backup options only capture changes made since the last backup, saving storage space and reducing backup time.
  • Image Verification: This feature allows you to verify the integrity of your backups, ensuring they can be restored successfully when needed.
  • Email Notifications: Receive email notifications upon successful completion or failure of backup tasks, keeping you informed about your data protection status.

Paid vs Free Versions: Unveiling the Full Potential

AOMEI Backupper offers a free version with a surprising amount of functionality. However, upgrading to a paid edition is recommended to unlock the software’s full potential. Here’s a breakdown of the available options:

Free Edition:

  • Ideal for basic backup needs
  • Supports system, disk, partition, and file/folder backup
  • Includes scheduled backups
  • Lacks features like incremental/differential backups, image verification, and email notifications

Paid Editions (Standard, Professional, and Technician):

  • Unlock advanced features like incremental/differential backups, image verification, email notifications, and command-line support.
  • Professional and Technician editions offer additional features, including disk cloning, system migration to dissimilar hardware (available in Professional only), and centralized management for technicians (available in Technician only).

AOMEI Backupper Review: Pricing

AOMEI Backupper offers a tiered pricing structure, including a free version and several paid editions, catering to different user needs.

Here’s a breakdown of the AOMEI Backupper pricing options:

Free Version

  • Ideal for basic backup needs
  • Supports system, disk, partition, and file/folder backup
  • Includes scheduled backups

Paid Editions

There are three main paid editions, each building upon the features of the previous one:

Standard Edition

This edition unlocks features missing in the free version, such as:

  • Incremental and differential backups for efficient storage usage
  • Image verification to ensure backups can be restored successfully
  • Email notifications to keep you informed about backup status

Professional Edition

In addition to the features of the Standard Edition, the Professional Edition offers:

  • Disk cloning for migrating data to a new hard drive or creating a bootable backup
  • System migration to dissimilar hardware, allowing you to move your system to a computer with different hardware

Technician Edition

This edition is designed for IT professionals managing multiple computers and includes all the features of the Professional edition, plus:

  • Centralized backup management for managing backups on multiple PCs from a single console
  • Command-line support for automating backup tasks

The exact pricing for AOMEI Backupper can vary depending on the retailer and current promotions. However, here’s a general idea of the cost:

  • Standard Edition: Around $39.95 (one-time purchase for a single PC)
  • Professional Edition: Around $49.95 (one-time purchase for a single PC) or yearly subscription options might be available.
  • Technician Edition: Around $499.00 (one-time purchase) or yearly subscription options might be available.

Finding the Right Edition

The best version for you depends on your specific needs. Here’s a quick guide:

  • Home Users with Basic Needs: The free version might be sufficient for essential system backups, disks, partitions, and files.
  • Home Users with Advanced Needs: If you need features like incremental backups, image verification, or disk cloning, consider the Standard or Professional Edition (depending on your need for system migration).
  • IT Professionals: The Technician Edition offers centralized management and is ideal for managing backups on multiple computers.

By understanding the features and pricing of each edition, you can choose the AOMEI Backupper version that best suits your data protection requirements and budget.

AOMEI Backupper Review: Pros and Cons

Pros

  • User-friendly interface with clear instructions
  • Comprehensive backup features for various data types (system, disk, partition, files)
  • Scheduling and automation options for effortless backup routines
  • Supports incremental and differential backups for efficient storage usage
  • The free version offers a good starting point for basic needs
  • Paid editions cater to advanced users with additional functionalities

Cons

  • The free version lacks some essential features, such as image verification and email notifications.
  • Paid editions can be slightly expensive compared to some competitors
  • Limited cloud storage support (available only in the Technician edition)

Who Should Consider AOMEI Backupper?

AOMEI Backupper is an excellent choice for a wide range of users:

  • Home Users: With its user-friendly interface and free edition, AOMEI Backupper provides a convenient solution for home users to safeguard their data, photos, documents, and system configurations.
  • Small Businesses: The paid editions offer valuable features, allowing for scheduled backups, incremental backups, and image verification for critical business data.
  • IT Professionals: The Technician edition is designed for IT professionals who manage multiple PCs, providing centralized backup management and system migration capabilities for dissimilar hardware. This can be helpful when refreshing workstations or migrating data to new systems.

AOMEI Backupper Alternatives

While AOMEI Backupper is a strong contender in the backup software market, it’s always wise to consider alternatives before making a decision. Here are some popular options to compare:

  • EaseUS Todo Backup: Another user-friendly backup solution with a free version and paid editions offering advanced features.
  • Veeam Agent for Microsoft Windows: A robust business solution offering advanced backup and disaster recovery capabilities. However, it has a steeper learning curve and a higher price tag.
  • Windows Built-in Backup and Restore: Windows offers basic backup functionalities through File History and System Restore. However, these features lack dedicated backup software’s scheduling and automation options.

The Verdict: Peace of Mind with AOMEI Backupper

To conclude this AOMEI Backupper review, I will say that AOMEI Backupper stands out for its user-friendly interface, comprehensive backup features, and the availability of a free edition. The software empowers novice and experienced users to create a robust backup strategy, safeguarding their valuable data from potential loss.

While the free version lacks some advanced features, the paid editions offer a compelling value proposition for users seeking more automation, image verification, and advanced functionalities, such as disk cloning.

In conclusion, if you’re looking for a reliable and user-friendly backup solution for your home PC, small business, or even as an IT professional managing multiple workstations, AOMEI Backupper is worth considering. Its intuitive interface, free edition, and comprehensive feature set in the paid editions make it a strong choice for anyone seeking peace of mind with their data protection needs.

Additional Considerations:

  • Cloud Backup Integration: While the Technician edition offers cloud storage support, some users may prefer software with native integration with popular cloud storage services, such as Dropbox or Google Drive.
  • Technical Support: AOMEI Backupper offers email and online support. However, some users might value the availability of phone support offered by some competing solutions.

By carefully considering your specific needs and budget, you can leverage AOMEI Backupper’s strengths to create a reliable backup strategy and ensure your valuable data is always protected.

Leave a comment below regarding this AOMEI Backupper review.

Note: This was originally published on August 16, 2019, but has been updated for freshness and information accuracy.

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Debunking 4 Myths About Blockchain In Business

Angela Daniel
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Debunking 4 Myths About Blockchain In Business

In this post, I will debunk business myths about blockchain.

How often do you hear the term “blockchain” used in regular conversation? And how much would you say you know about how this technology works? 

Most people today will at least be aware of blockchain as the fundamental technology underlying Bitcoin and most other cryptocurrencies. It’s undoubtedly true that in the years since its inception, blockchain technology has allowed these digital assets to evolve by leaps and bounds.

Crypto transactions utilize faster processes, require fewer transaction fees, and boast tighter security than ever, thanks mainly to developments in blockchain tech. For example, the high-performing privacy coin Monero (XMR) enables users with access to a Monero wallet to send and receive the currency anonymously.

In recent years, however, blockchain has begun to make waves in many sectors beyond cryptocurrency, including healthcare, travel, transportation, and shipping. Blockchain enthusiasts are confident that the technology has the potential to revolutionize nearly every primary industry that exists today. 

However, as with any emerging technology, a few myths and misconceptions have arisen over the years regarding blockchain and its applications. Read on for an in-depth exploration of the most common blockchain myths debunked.

Most Common Blockchain Myths

1. Blockchain Is Simply Another Term for Bitcoin

Blockchain Is Simply Another Term for Bitcoin

In essence, a blockchain is a digital ledger or database of transactions that is distributed and stored across a decentralized network of computers.

The individual computers on this network are typically referred to as nodes. Transactions encoded onto the blockchain are duplicated across all the nodes in the network, which then confirm their validity by executing a series of mathematical puzzles. 

Validated transactions are grouped into encrypted data units known as “blocks.” Every node on the network has a copy of the blockchain ledger and adds new transactions to this copy in real time.

Bitcoin, meanwhile, is the oldest and most prominent cryptocurrency available today. One of the appeals of Bitcoin and cryptocurrencies in general is that they are decentralized, meaning they are not controlled by entities such as banks or governments. 

This means it can be exchanged directly between buyers and sellers without intermediaries, as Bitcoin transaction information is recorded on a public blockchain.

Blockchain is frequently identified with the cryptocurrency Bitcoin, but the two are not the same. This misconception has come about partly because Bitcoin’s launch in 2009 marked the first real-world application of blockchain technology. 

Although Bitcoin developer Satoshi Nakamoto is often cited as the inventor of blockchain, the foundational idea for the technology was first conceptualized by researchers Stuart Haber and W. Scott Stornetta in 1991. 

2. Data on a Blockchain Is Confidential

Data on a Blockchain Is Confidential

Because blockchain is commonly touted as a revolutionary technology in cybersecurity, many people assume that data on a blockchain is entirely confidential. This is not strictly the case, as the confidentiality of transactions on a blockchain depends on whether the blockchain is private or public.

Public or permissionless blockchain networks are open to anyone, allowing anyone with access to view the network’s transaction history and potentially become a node. However, transaction records on a blockchain ledger don’t contain the transaction details. 

Instead, transactions are identified with unique public keys that the blockchain generates each time a new transaction is added to the ledger. Hence, transactions on public blockchains do enjoy a measure of anonymity by default.

Private or permissioned blockchains are typically operated by specific entities, such as banks or corporations. Users need to be authorized before accessing the network, viewing its information, and adding data to the blockchain ledger. It’s thus possible to restrict people’s access to permissioned blockchains and keep their information private.

3. Blockchain Is Fraud-Proof

Blockchain Is Fraud-Proof

The distributed nature of blockchain networks makes it famously tricky for cybercriminals to steal or falsify transaction records. This is because once a transaction is recorded on a blockchain, it’s immediately duplicated across every node in the network. 

Cybercriminals attempting to tamper with the data on a blockchain would thus have to access and modify all the network’s nodes rapidly. This is extremely difficult to do without attracting attention.

While blockchain technology is highly secure, it’s essential to remember that its trustworthiness is only as reliable as the individuals who operate it. It can’t prevent the people who use it from doing so illicitly, such as when the users who contribute or verify blockchain transactions record fraudulent data for their own ends. 

Thus, advocates for blockchain also counsel that the technology be implemented alongside educational measures and policies aimed at discouraging dishonesty and disinformation.

Now, let’s move to another entry on our list of blockchain myths.

4. Blockchain Has No Applications Outside Finance

Blockchain Has No Applications Outside Finance

While cryptocurrency is currently the best-known application of blockchain technology, experts frequently attest to its usefulness outside the financial sector. 

In this increasingly data-driven world, many believe blockchain’s ability to create, record, and disseminate sensitive information securely could be game-changing for all industries. 

Blockchain can potentially improve and accelerate business procedures, with prominent use cases including online voting, shipping and supply chain operations, loyalty programs, and many more.

In my years consulting with businesses on implementing new technologies, I’ve encountered a lot of misconceptions surrounding blockchain. One of the biggest myths is that it’s only for cryptocurrencies. While blockchain was the foundation for Bitcoin, its potential applications extend far beyond. I’ve seen businesses in supply chain management leverage blockchain to track product provenance and ensure authenticity. It’s truly a transformative technology, and businesses that debunk these myths and embrace its potential will be the ones to reap the rewards.

Most Common Blockchain Myths: Frequently Asked Questions

What is the biggest problem with blockchain?

The biggest perceived problem with blockchain depends on who you ask and their priorities. Some common concerns include:

  • Scalability: Existing blockchains often struggle to handle high transaction volumes, resulting in slow processing times and high transaction fees.
  • Regulation: Clear and consistent regulatory frameworks are still evolving, which can create uncertainty for businesses and users.
  • Energy consumption: Certain consensus mechanisms used by blockchains can be energy-intensive, raising environmental concerns.
  • User adoption: Despite growing interest, mainstream adoption of blockchain technology remains in its early stages.

However, it’s important to remember that these are challenges, not inherent flaws. Ongoing development addresses these concerns with advancements in scalability solutions, energy-efficient consensus mechanisms, and user-friendly interfaces.

READ ALSO: A Simple Rundown Of Cryptocurrency And Blockchain Technology

What is the most significant risk of blockchain?

Like the “biggest problem” question, the perceived most considerable risk depends on the perspective. Some potential risks include:

  • Security vulnerabilities: Any technology can be susceptible to vulnerabilities, and blockchain is no exception. However, the decentralized nature of blockchains makes them inherently more resistant to certain types of attacks than centralized systems.
  • Scams and fraud: As with any emerging technology, there’s a risk of fraudulent projects and scams targeting unsuspecting users. Staying informed and exercising caution can help mitigate this risk.
  • Regulation evolving too slowly: If regulation lags behind technological advancements, it could hinder innovation and create uncertainty for businesses.

Most Common Blockchain Myths: Frequently Asked Questions

Why did blockchain fail?

This question is misleading, as blockchain technology hasn’t “failed.” While some individual blockchain projects may have failed due to various reasons (e.g., poor execution and lack of funding), the underlying technology continues to evolve and find new applications. Blockchain is still in its early stages of development and adoption, and while it faces challenges, it holds immense potential for various industries.

What is blockchain’s weakness?

Again, weaknesses are often relative to the specific application and depend on the criteria used for evaluation. Some potential weaknesses of certain blockchain implementations include:

  • Limited storage capacity: Some blockchain architectures may restrict the amount of data they can store, potentially affecting scalability.
  • Complex technology: Understanding and using blockchain can be technically challenging for non-experts, hindering adoption.
  • Forking and governance challenges: Disagreements within a blockchain community can lead to “forks” (splitting the chain), creating uncertainty and potential disruption.

However, ongoing research and development address these weaknesses, and new solutions are emerging to improve scalability, user experience, and governance models.

Why is blockchain a threat?

This statement is often based on misconceptions and fear-mongering. Blockchain technology itself isn’t inherently threatening. It’s a tool that can be used for good or bad, just like any other technology. The key is to ensure its responsible development and use.

What real-world problem does blockchain solve?

Blockchain offers solutions to a variety of real-world problems across various industries. Here are some examples:

  • Supply chain management: Ensuring transparency and traceability of goods from origin to consumer.
  • Financial services: Streamlining transactions, boosting security, and enabling new financial products.
  • Decentralized governance: Powering secure voting systems and citizen engagement platforms.
  • Identity management: Providing secure and self-sovereign control over personal data.
  • The metaverse: Enabling secure and transparent ownership of digital assets and experiences.

A Final Word On Blockchain Myths

Although blockchain’s rise to prominence is undoubtedly exciting for those interested in technology, it’s more important than ever to be discerning when reading or discussing it.

It’s essential for businesses looking to leverage blockchain solutions to have a clear understanding of the technology and how it can be utilized, as believing in myths or misconceptions could have costly consequences.

Disclaimer: Blockchain is still evolving, and its potential applications are constantly expanding. By understanding its strengths and weaknesses, we can foster responsible development and harness its potential to address real-world challenges and create a better future.

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Cybersecurity Strategies To Protect Your Critical SaaS Data

Christian Schmitz | ✔️Fact-checked by: Angela Daniel
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0
Cybersecurity Strategies To Protect Your Critical SaaS Data

With technological advancement and digital reliance come various threats and risks. However, we have multiple security and mitigation strategies in place; no single suitable policy guarantees absolute safety and security. Here, we share eight essential strategies necessary to protect critical SaaS data. 

Adopting these eight cybersecurity strategies will save you time, effort, and money to secure your organization from potential risks. 

Essential Cybersecurity Strategies to Protect Critical SaaS Data

The crucial risk mitigation strategies are classified into three categories that can be implemented as a proactive approach for safety simultaneously.

These cybersecurity strategies are not of much help if applied individually, but can casta  web protection against all kinds of cyber risks when applied in various combinations.

A. Prevention of Malware Delivery and Execution

Prevention of Malware Delivery and Execution

The strategies under this category address multiple security vulnerabilities and prevent malicious code from entering your system. The strategies also manage:

1. Application control

2. Configure Microsoft Office macro settings

3. User application hardening

4. Patch applications

When user systems are infiltrated by external threats and malicious code, they tend to slow down their performance, causing performance issues. The slow systems then cause delays in project completion and overall performance lags.

READ ALSO: Why SaaS Security Matters for Amazon Sellers Using Third-Party Tools

B. Limiting the Extent of Cybersecurity Events

Limiting the Extent of Cybersecurity Events

Admin accounts in any organization are highly privileged, and attacking them could provide the required access to business-sensitive information. With the application of cyber security strategies, you can secure the admin accounts and also minimize the operating system vulnerabilities, including:

5. Restriction of administrative privileges

6. Multi-factor authentication 

7. Patch operating system

Securing administrative accounts is crucial for the overall safety of business-sensitive information. When you provide the required shield against external attacks, you create a safety wall for all kinds of invasions that can attack your organization from within. 

C. Recovering of Data and System Availability

8. Backups:

Creating a routine backup

Creating a routine backup ensures that you can still access your critical SaaS data in the event of a cyberattack. The routine data backup also ensures the system’s resilience and that you have crucial information, depending on the industry you belong to.

READ ALSO: 3 Critical Cybersecurity Questions To Ask Before Buying a Marketing SAAS Product

Fortifying Your Cloud: Cybersecurity Strategies for SaaS Data – FAQs

Fortifying Your Cloud: Cybersecurity Strategies for SaaS Data - FAQs

SaaS (Software as a Service) applications offer convenience and scalability, but safeguarding your critical data within them is paramount. Here are some FAQs to address common concerns and equip you with valuable cybersecurity strategies:

What is SaaS data security?

SaaS data security refers to the practices and technologies employed to protect your sensitive information stored within cloud-based SaaS applications. This includes customer data, financial records, intellectual property, and other confidential information.

How do you ensure data security in SaaS?

While the SaaS provider is responsible for the security of their platform, you also have shared responsibility for securing your data. Here are some strategies you can implement:

  • Strong Password Management: Enforce strong password policies for all user accounts accessing the SaaS application. Consider multi-factor authentication (MFA) for an extra layer of security.
  • Data Encryption: Look for SaaS providers that offer data encryption at rest and in transit. This scrambles your data, making it unreadable in case of a breach.
  • User Access Controls: Implement granular access controls to restrict access to sensitive data based on user roles and responsibilities.
  • Regular Backups: Maintain regular backups of your critical data outside the SaaS platform as an additional safety measure.
  • Activity Monitoring: Monitor user activity within the SaaS application to identify any suspicious behavior that might indicate unauthorized access attempts.
  • Security Awareness Training: Educate your employees on cyber security best practices, including phishing scams and social engineering tactics.

What are the key security elements of the SaaS model?

  • Secure Infrastructure: The SaaS provider should have robust security measures in place for their data centers, including physical security, access control, and firewalls.
  • Data Encryption: As mentioned earlier, data encryption is crucial for protecting data confidentiality.
  • Vulnerability Management: The SaaS provider should have a proactive approach to identifying and patching vulnerabilities in their platform.
  • Incident Response: A well-defined incident response plan ensures a swift and coordinated response to security breaches or cyberattacks.
  • Compliance with Regulations: The SaaS provider should comply with relevant data privacy regulations depending on your industry and location.

What are some additional security features to consider?

  • Single Sign-On (SSO): Using SSO can simplify login processes and reduce the risk of compromised credentials.
  • Data Loss Prevention (DLP): DLP tools can help prevent sensitive data from being accidentally or intentionally shared outside the authorized channels.
  • Regular Security Assessments: Conducting periodic security assessments of the SaaS platform helps identify potential weaknesses and enhances the overall security posture.

By understanding these FAQs and implementing the recommended cybersecurity strategies, you can effectively manage your data security within SaaS applications.

Leverage The Zero Trust Framework To Comply With The Essential Eight

Zero Trust Framework presents the foundational principle that stresses the elimination of every type of trust concept from the protection network of an organization. 

Established by Forrester Research, Inc., Zero Trust is a foundational principle that eliminates the concept of trust from an organization’s network for protection. The Zero Trust Model offers a proactive approach to cyber risks, emphasising the use of multiple authentication factors and implementing access controls.   

Implementing cybersecurity strategies aims to achieve security harmony by creating daily backups and having backup software in place. Through regular backups, restoration tests, and offsite storage, a business can have the ultimate security against cyber-attacks. 

Adopting the eight cyber security strategies enables the organization to ensure the safety of critical business information and keep the invasion at bay. 

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Cybersecurity: Addressing A Current Issue By Planning For The Future

Christian Schmitz
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0
Cybersecurity: Addressing A Current Issue By Planning For The Future

If you want to ensure Cybersecurity planning for the future, this post is for you.

In the early 2000s, Cybersecurity did not have a significant meaning and played no notable role in the IT industry. However, the current 4G internet revolution has drastically altered the game. A few years ago, network security was primarily for IT professionals and national security, but now it is also crucial for everyday internet users.

If you examine the trend, you can see how frequently cyberattacks have occurred recently; reports indicate that there will be nearly 1.16 million cyberattacks in 2020. IT experts say it is almost three times the number recorded in the previous two years, and they claim a 20-fold increase since 2016. According to the data, over 3,137 cybersecurity-related concerns are reported every day.

Cyber-attacks are unauthorized activities by cybercriminals who use one or more computers to steal data from other computers on a network. A cyberattack can deliberately shut down systems, steal data, or utilize a compromised computer as a launchpad for further attacks.

Since everything is now available online, cybercriminals can target any sector or form. Software AG in 2020, Sopra Steria Ransomware Attack, Telegram Hijack, Seyfarth Shaw Ransomware Attack, Carnival Corporation was the victim of a malware attack.  

Many other non-IT firms, such as JBS and McDonald’s, have also been victims of ransomware cyberattacks. Experts anticipate that the number of ransomware assaults in 2021 may reach 100,000, with each one costing firms an average of $170,000. Exposure to data by cybercriminals can also cause chaos in large corporations, institutions, the research industry, and even governments, as they utilize the information they possess.

On July 2, 2021, the REvil ransomware brand launched a cyber-attack on Kaseya Virtual System/Server Administrator (VSA). Kaseya clients utilize the VSA software to remotely monitor and manage software and network infrastructure. Kaseya offers it as a hosted cloud service or through on-premises VSA servers. 

This hack now affects approximately 1,500 middleware firms, and the company is working diligently to resolve the issue as quickly as possible. It also stated that there were approximately 5,000 attack attempts in 22 nations at that time.

Cybersecurity refers to the department with total legal control for safeguarding computer data, services, and devices, as well as the ability to detect and prosecute hackers. It relates to the security of technology or the safety of internet data. The term is used in various contexts, ranging from business to mobile computing, and can be classified into a few general categories.

Cybersecurity was first introduced in the late 1970s to protect against hazardous cyberattacks and malicious actors. Reaper was the first antivirus software and the first self-replicating malware that affected every machine.

READ ALSO: A Step-by-Step Guide To Website Development

Before we discuss cybersecurity planning for the future, let us address the most pressing problem in cybersecurity.

The Most Pressing Problem Of Cybersecurity

The most critical and challenging security aspect is developing the necessary abilities to guard against hackers. As every field seeks a digital platform, cybersecurity has become one of the most pressing concerns in our daily routine.

Last year, the worldwide cybersecurity industry invested approximately $42 billion. The problem is that there aren’t enough professionals with the essential abilities to safeguard cyberspace. According to the Global Information Security Workforce, a 2 million-person shortage is projected.

This report suggests that today’s younger people can contribute more to closing the global cyber skills gap by undergoing cybersecurity training at the initial stages of their careers. 

Contemporary Cyber-educational Concern

Contemporary Cyber-educational Concern

Cybersecurity is in limited supply since no adequate education framework exists. The most significant challenge is how students utilize their powers; there is a substantial possibility that they may turn to the dark side with these abilities.

Pursuing such high-risk talent requires good intentions, and educators, companies, or anyone who employs them must closely monitor every activity they undertake. That way, they can mitigate against unforeseen cyber threats by ensuring Cybersecurity planning for the future.

When it comes to the learning process, the emphasis should be on experiential learning or learning by doing. Many teachers place a premium on imparting knowledge to their students.

Cybersecurity as a complex technology is a myth; the reality involves students having a proper understanding of the fundamentals of handling advanced safeguards associated with data security. 

READ ALSO: How To Fix iPhone Overheating Problem: 6 Easy Steps

AI Cybersecurity And Enhanced Password Protection

AI Cybersecurity And Enhanced Password Protection

Artificial intelligence (AI) is a new hope, and technological advancements are seeking to deliver safer security solutions for all organizations. These solutions enable continuous analysis of firms that utilize AI to provide stringent security standards.

The AI innovations constantly study your device and attempt to find the loopholes that hackers exploit to get access. It also flags weak points such as out-of-date devices or weak passwords. This technology may help reduce the risk of cyberattacks.

AI technology is a step ahead of standard password protection. It focuses on the user’s password, tracks the user’s usual log-in location and time of activity, and closely monitors the user’s actions, including usage and typing speed.

This invention entirely replicates human thinking. The substitution of alternative authentication for passwords suggests that security procedures may be enhanced in the technology sector.

Cyberattacks and data breaches continue to increase, resulting in a flurry of new technology that tries to reinvent current cybersecurity procedures.

As the internet and technology advance, so do the number of attacks and breaches; therefore, understanding Cybersecurity is critical for obtaining proper protection and maintaining data security.

READ ALSO: The Intersection of AI and Privacy: Safeguarding Personal Information in the Age of Intelligent Systems

Current Challenges Confronted By Cybersecurity

The Most Pressing Problem Of Cybersecurity

The digital age has ushered in a golden era of innovation and connection. But with every convenience comes a lurking shadow: the ever-present threat of cyberattacks. As technology advances, so do the tactics of cybercriminals, forcing cybersecurity professionals to continually adapt and innovate.

Here’s a glimpse into some of the most pressing challenges currently confronting the Cybersecurity planning for the future:

1. The Rise of the Machines: Evolving Malware and AI-powered Attacks

  • Challenge: Malware is no longer confined to clunky viruses. Today, we face sophisticated threats, such as ransomware, which encrypts a user’s data and demands a ransom for its decryption. Additionally, Artificial Intelligence (AI) is being weaponized by attackers, creating self-learning malware that can adapt and evade traditional defences.

  • Impact: These advanced threats can cripple businesses, leading to financial losses, operational disruptions, and reputational damage. Individuals can also fall victim to data breaches, identity theft, and financial fraud.

2. The Expanding Attack Surface: The Internet of Things (IoT) and the Cloud

  • Challenge: The proliferation of internet-connected devices, from smart home appliances to industrial control systems, creates a vast “attack surface” for vulnerabilities. Additionally, the increasing reliance on cloud computing introduces new security concerns as sensitive data migrates to shared environments.

  • Impact: A single compromised device in an interconnected system can create a domino effect, leading to widespread disruption. Cloud breaches can expose vast amounts of data, impacting millions of users.

READ ALSO: Mobile Payment Security Concerns – Four Big Things To Consider

3. The Human Factor: Social Engineering and Phishing Attacks

  • Challenge: Despite advancements in technology, the human element remains a critical vulnerability. Social engineering tactics exploit emotions, trust, and urgency to manipulate users into revealing sensitive information or clicking malicious links. Phishing emails, often disguised as legitimate sources, are a prime example.

  • Impact: Social engineering attacks can bypass even the most robust technical defences. They can result in financial losses, data breaches, and the compromise of entire systems.

4. The Evolving Regulatory Landscape: Data Privacy Concerns

  • Challenge: As data collection practices become more pervasive, concerns about user privacy are mounting. Governments around the world are enacting stricter data privacy regulations, forcing businesses to adapt their data handling practices.

  • Impact: Non-compliance with data privacy regulations can result in substantial fines and reputational damage. Companies must stay current with evolving regulations and implement robust data security measures.

5. The Global Threat Landscape: The Rise of Cybercrime as a Service (CaaS)

  • Challenge: Cybercrime is becoming increasingly commoditized. Cybercrime-as-a-Service (CaaS) offers hacking tools and expertise to anyone willing to pay, democratizing cyberattacks and making them more accessible to even low-skilled criminals.

  • Impact: CaaS lowers the barrier to entry for cybercrime, potentially leading to a surge in attacks and making it harder for organizations to defend themselves.

These are just some of the significant challenges confronting Cybersecurity today. By staying informed, prioritizing security best practices, and fostering a culture of cybersecurity awareness, we can work together to create a more secure digital future.

READ ALSO: The Biggest Challenges And Opportunities Facing Tech Businesses Right Now

Conclusion – Cyberbersecurity Planning For The Future

Authorities claim that there is a significant gap between the demand and available resources to address primary and hazardous cyber problems in the years ahead.

Serious training and the current workforce can help address some of the problems, but the issue persists in the long run. In the future, the practical education of the younger generation may be the only solution.

Cybersecurity will be one of the top issues for every business, as executives understand the relevance of corporate operations and processes—sophisticated measures like building a firewall to add an extra security layer help to protect against cyber threats.

We must continue to adapt and take cyber risks seriously by planning, preparing, and educating. Open communication between businesses, lawmakers, and regulators is critical to success.

Which cybersecurity planning for the future will you consider? Leave us a comment below.

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Why Is Identity Theft A Big Concern For Businesses?

Daniel Segun
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0
Why Is Identity Theft A Big Concern For Businesses?

This post answers the question – why is identity theft a big concern for businesses?

News titles nowadays seem to talk about one horrific fact after another. But amidst the pandemic, economical instability, and civil unrest titles, you’ll also discover some that are even more frightening – cybersecurity attacks. 

Following attacks like the Colonial Pipeline incident, the world began to realize the reality of a world where cybersecurity gaps can have a ripple effect that extends globally. Speaking of Colonial Pipeline – the company was hit by a ransomware attack that blocked access to computers and data. 

This resulted in one of the biggest gas crises in recent US history. Furthermore, the crisis could have been avoided if it hadn’t been fueled by rumours that spread like wildfire over the internet.

But that doesn’t mean all businesses are at risk, right? After all, why would hackers be interested in small companies? 

If you think like that, you’re already on the losing side. Data shows small and medium-sized companies are usually easy targets for cybercriminals because they don’t invest much in security measures. As a result, many fall victim to ransomware, data breaches, and identity theft.

READ ALSO: OmniWatch Online Identity Protection Review

Why Identity Theft is a Big Concern for Businesses: Key Risks and Considerations

Risk FactorDescriptionImpact on Businesses
Evolving Attack MethodsDeepfakes, synthetic identities, and AI-powered attacks make traditional defences less effective.Increased vulnerability to data breaches and financial losses.
Remote WorkforcesRemote employees create wider attack surfaces and potential security gaps.Difficulty managing access controls and protecting sensitive data across dispersed locations.
Increased Data CollectionBusinesses collect more customer data, increasing the potential target for attackers.Regulatory breaches, reputational damage, and lawsuits if data is compromised.
Supply Chain AttacksTargeting third-party vendors can provide access to a wider business network.Disruptions, data breaches across the entire supply chain, and potential financial losses.
RansomwareTargeting critical infrastructure and demanding high ransoms can cripple operations.Business continuity disruptions, financial losses, and potential exposure of customer data.
Phishing SophisticationTargeted phishing campaigns exploit human error and social engineering.Employee credentials compromise, access to internal systems, and data breaches.
Regulations and FinesStricter data privacy regulations, such as GDPR and CCPA, increase pressure on businesses to protect their data.Non-compliance fines, reputational damage, and operational disruptions.
Talent ShortageCybersecurity professionals with specialized skills are in high demand, making it challenging to find and retain top talent.Increased vulnerability due to a lack of expertise and resources to manage evolving threats.

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Examples Of Business Identity Theft

  • Fraudulent use of a company’s financial information, such as credit card numbers, bank account details, or tax identification numbers, to make unauthorized purchases or transactions.
  • Impersonation of a business entity to deceive customers, suppliers, or employees into providing sensitive information or making payments to fraudulent accounts.
  • Unauthorized access to and misuse of confidential customer data, including personally identifiable information (PII) and payment card details, leading to potential financial loss and reputational damage.
  • Counterfeit websites or phishing scams that mimic a legitimate business’s online presence trick customers into sharing sensitive information or making payments to fraudulent entities.
  • Theft of intellectual property, including trade secrets, proprietary technology, or copyrighted materials, which can undermine a business’s competitive advantage and market position.
  • Unauthorized access to business email accounts to carry out email fraud or initiate fraudulent wire transfers, impacting financial stability and customer trust.
  • Hijacking a company’s social media accounts or online profiles to spread false information, damage reputation, or defraud customers.
  • Employee impersonation or insider theft occurs when individuals within the organization exploit their access and knowledge to commit fraudulent activities or steal sensitive data.
  • Manipulation or falsification of business records, financial statements, or contracts to deceive investors, creditors, or regulatory authorities.
  • Utilizing a business’s identity to create fake businesses or front companies for illegal activities, such as money laundering or tax evasion.

Each of these situations is hard to recover from, but ID theft can be fatal for a business. Here’s why identity theft is a big concern for businesses:

READ ALSO: Identity Protection Guide

Loss Of Reputation

According to the fundamentals of identity theft, any piece of information is important. Cybercriminals are patient people who can wait in the shadows while building your business profile using the bits of information they manage to extract with each attack. 

Once the profile is complete, it gives cybercriminals access to your business operations. This means they can:

  • Open lines of credit in your business name
  • Take customers you don’t know about and treat them badly (opens you up for a lawsuit)
  • Launch state and federal tax disputes without your knowledge
  • Hinder the payroll process
  • Empty your accounts

All these actions, taken separately, are serious enough to bring your business to its knees. And, if you manage to stop any harmful actions, you’ll still lose your reputation in front of customers, business partners, and employees. 

READ ALSO: How To Check If Someone Is Using Your Social Security Number

State And Federal Tax Disputes

The IRS is not very understanding when it comes to fraudulent tax returns. Plus, even if your business didn’t file such a claim, it takes time to prove it was an attack.

Meanwhile, your business and operations will be placed on the IRS’s red list, which means numerous controls, audits, and other time-consuming and unpleasant activities. 

The primary reason cybercriminals target businesses in such situations is that businesses often make sensitive data, such as profit margins and revenues, easily accessible. This way, they don’t need much extra information to piece together a full profile that may fool even the IRS.

READ ALSO: 3 Things You Need To Know About Cloud Backup

Negative Credit Reports

A business’s credit score is important in its relationship with collaborators and partners. Whenever you look for an investment, they will check your credit report to see if you are a reliable and trustworthy partner. 

However, if you fall victim to an attack, it can completely mess up your credit score if the criminals get hold of your bank accounts.

First of all, any money in those accounts will most likely be gone before you can even realize what’s happening.

Second, using your financial credentials, they can open new lines of credit or make unnecessary purchases that will damage your overall credit report.  

How To Stay Safe From Identity Theft

How To Stay Safe From Identity Theft

The first step towards a safer cyber work environment (whether remote or in-office) is a solid security plan with several layers of protection. This begins with your devices and network and ultimately involves your employees. 

The devices and network must be protected by strong passwords, two-factor authentication, and remote control options (in case the device is lost or stolen). Additionally, set up secure channels that employees can use to connect to the database or chat with each other when they are not in the office. 

The employees need to be educated in the spirit of cybersecurity. Data shows that the human factor is usually the weakest link in the security chain. In most cases, employees are not intentionally acting in a certain way.

So if they are properly trained, they will know how to recognize a phishing attempt. They will also understand the importance of keeping well-maintained devices and having a strict password policy.

READ ALSO: Identity Protection Explained in Fewer than 140 Characters

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DeleteMe is a service provided by Abine that helps users remove their personal information from data brokers and other...Show More
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Social Catfish
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Social Catfish is an online service that helps individuals verify and investigate the identity of people they meet...Show More
Social Catfish is an online service that helps individuals verify and investigate the identity of people they meet online, including potential scammers and catfishers. Show Less
Get the deal
Surfshark Alert
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Surfshark Alert is a real-time data breach protection tool that safeguards your email accounts, passwords, personal...Show More
Surfshark Alert is a real-time data breach protection tool that safeguards your email accounts, passwords, personal identification numbers, and credit cards from cyber-attacks. Show Less
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OmniWatch
OmniWatch
Safeguard your identity with OmniWatch, the comprehensive identity theft protection service that provides proactive...Show More
Safeguard your identity with OmniWatch, the comprehensive identity theft protection service that provides proactive monitoring, dark web surveillance, and expert assistance in case of a breach. Show Less
Get the deal
AVG BreachGuard
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AVG BreachGuard shields your online data from leaks and breaches, like a vigilant bodyguard for your digital life.
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Get the deal
Avast BreachGuard
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Avast BreachGuard is a privacy tool designed to protect personal information online by preventing data breaches...Show More
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Get the deal
WhiteBridge AI
WhiteBridge AI
WhiteBridge AI is your digital identity detective — an AI-powered tool that uncovers, verifies, and organizes...Show More
WhiteBridge AI is your digital identity detective — an AI-powered tool that uncovers, verifies, and organizes everything the internet says about a person into one powerful, insightful report. It transforms scattered online chaos into a clear story you can trust, helping you protect your reputation, make smarter decisions, and see people as they truly are. Show Less
Get the deal
Privacy365
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Privacy365 is a service that removes your personal information from data brokers and people search websites while...Show More
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Get the deal

Wrap Up

Now, you should already be aware of why identity theft is a significant concern for businesses. The risks of living in a well-connected world are high, but there are also numerous benefits for businesses worldwide.

That’s why it’s essential to understand cybersecurity as a business and move forward with your plan for success. 

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How To Sell A Domain Name Fast

Gina Lynch
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0
How To Sell A Domain Name Fast

In this article, you’ll discover the best way to sell a domain name and how to sell domain names fast.

Selling domain names for profit is not a straightforward process. You’ll have to embark on a journey of trial and error until you find a way to do it right.

This article answers how to sell a website domain and furnishes you with helpful tactics and best practices that will help put you on the right track to making your first sale.

A Step-by-Step Guide

A Step by Step Guide

Many website owners are interested in selling their website’s domain because they may plan to move on to a different domain or because their website host charges domain fees.

However, selling a domain name can be a lot more complicated than simply removing it from the domain registry and selling it to the highest bidder among a few domain brokers.

If you’re selling your domain or know someone who is, here’s a step-by-step process for selling a website domain.

Determine the Value Of Your Domain

When selling a domain, there are several key considerations to take into account. The main one is the value of your domain. It is essential because domains give you the best long-term possibilities when planning your digital strategy.

See what you could achieve with the values of each letter in your domain. Then, use these values to match them with a similar domain to see what you would pay.

But your domain’s value isn’t just what you can do with it. It’s how potential customers perceive it. View the domain value in the current market through the existing market-shattering analysis tools. They’ll provide you with options for monetizing your domain to maximize your gains.

Moreover, DNS security is crucial in determining the valuation of your domain. Different systems have different access control options.

For instance, Linux has invested heavily in protection measures, such as limiting domain access. This allows system administrators to secure systems and manage domain transitions, view who has access to domains, check running processes in Linux, and signal access between domains.

Determine the Best Features for Your Domain

Determine the Best Features for Your Domain

It may be helpful to compare the features of different domains to find the best ones for your own. When it comes to the value of a domain, there are many factors to consider:

  • Traffic is one of the main factors influencing the value of a domain. The number of users who search, click on links, or enter a domain URL has a considerable impact on the domain’s value.
  • TLDs such as .com are the domain names that sell. They are much more valuable than any other domain extension. This is something to consider before actually buying the domain.
  • The length and readability are other essential factors. The names comprised of one or two words are the most popular. They are efficient if linked to an industry (e.g., motels.com, hikin.com) and can be easily read and memorized.

READ ALSO: Unveiling the Truth: Is NameCheap Legit?

Choose How You Want to Sell Your Domain Name.

Domain names are a valuable online asset. Fortunately, they’re an asset just waiting to be sold, and wondering where to sell a domain name.

There are several ways to sell a domain name; you need only try the one that suits you best. You can start by exploring your options, such as Flippa or a private sale, or contact the owner to ask them to put your domain up for sale.

Sell Your Domain Name Privately

It’s not so challenging to sell domain names independently, though you need measures to ensure you can sell domains at market prices. Your advantage is that engaged customers are already looking for you, and your work can pay off quickly. When someone decides to buy a domain name, the first thing they do is go to their favourite search engine.

So, how do you sell web domains privately?

You can design a rudimentary website or hire a web designer to do this for you. This can be pretty simple, as you only need to report that you’re selling the domain name. Add the correct contact information, and you’re ready to go – although you’ll have to deal with negotiations and set up a secure way to receive the payment. Remember that when dealing with significant amounts of money, you can’t avoid fees.

Sell Your Domain Name on a Registrar’s Website

If you own a domain name, you could sell it through a narrow auction on a registrar’s website. There is no registration cost, and only a small fee is incurred when transferring the domain, making it a low-risk way to cash in on your investment. Remember that when you sign up to sell a domain on a registrar’s website, you’ll have to wait a while before somebody makes an offer. 

It is easy to sell a domain name on a registrar’s website, such as GoDaddy, which can provide you with the advantages of significant registrar web traffic, additional deposits, and an intuitive interface. 

READ ALSO: Dynadot Rebrand: New Feel, New Look

Sell Your Domain Name Via a Domain Broker

 

Sell Your Domain Name Via a Domain Broker

Typically, the process of buying and selling domain names is lengthy and tedious. But not anymore. One of the best ways to sell your domain name without the headache is to give it to a domain broker.

Domain brokers assist individuals in quickly selling their websites and domains for a profit. Even if you don’t want to sell your domain outright, you might consider selling your domain name for a few years and then repurchasing it for a fair value.

The domain broker offers a domain auction on your behalf, so you don’t need to worry about the bidding process to get the best domain price. 

Use an Escrow Service to Receive Payment

Given the prevalence of scams, frauds, and individuals who are difficult to trust online, it is crucial to utilize an escrow service to receive payments during domain name sales.

Setting up an escrow service for payments is a cost-effective way to avoid situations where someone doesn’t pay for their work. Domain name escrow services operate by holding onto payments until both parties have fulfilled their respective obligations under the agreement. 

Many people are suspicious of using an escrow service to receive payment. Concerns range from non-payment risk to an endless amount of red tape.

To help mitigate these concerns, many companies now offer a groundbreaking new escrow service with unique features to help you maintain a stable cash flow without worry. While this can be complex, it provides remarkable protections, such as fraud protection and credits for late payments.

READ ALSO: Dynadot Domain Registration Service Review

Transfer the Domain

One thing left to do is transfer your domain to the new owner and let them manage it according to their preferences. Taking the time for a domain transfer can help ensure that your business isn’t harmed as more and more people transfer their domains to new owners.

You can decide to transfer both your domain and your VPS hosting. Getting your site hosted elsewhere is easier than you think, and transfer fees are usually low.

How To Sell A Domain Name Fast With Dynadot

Selling a domain name can be a great way to monetize an unused asset; however, navigating the process efficiently is crucial.

Here’s a detailed guide to selling your domain name quickly with Dynadot:

Before You Begin

  1. Assess Your Domain: Research your domain’s value using tools like Dynadot’s appraisal tool or external services. Consider factors like keywords, length, extensions, and brandability.
  2. Set a Realistic Price: Avoid overpricing your domain, as inflated prices can deter potential buyers. Base your price on your research, domain value, and desired speed of sale.
  3. Prepare Your Description: Write a clear and concise description highlighting the domain’s strengths and potential uses. Emphasize relevant keywords and highlight the benefits for your target audience.

READ ALSO: How To Sell Your Online Gaming Server

Using Dynadot’s Marketplace

  1. Sign Up or Log In: Create a Dynadot account or log in if you already have one.
  2. List Your Domain: Navigate to “My Domains” and choose “Sell Domain.” Select your domain and proceed to the listing section.
  3. Choose “Marketplace”: Select the “Marketplace” option to reach a broader audience of potential buyers.
  4. Set Your Price & Information: Enter your desired selling price, provide a detailed description, and choose listing duration options.
  5. Visibility & Promotion: Consider optional add-ons, such as premium listings or listing on partner marketplaces, for increased exposure.
  6. Respond to Offers: Engage with potential buyers promptly and professionally. Negotiate if necessary, but don’t undervalue your domain.

Boosting Your Chances of a Quick Sale

  • Promote Your Domain: Share your listing on social media, domain name forums, and relevant online communities.
  • Consider Auctions: Utilize Dynadot’s auction feature to generate interest and potentially drive the price.
  • Accept Multiple Offers: If you receive multiple offers, clearly explain your decision-making process to keep all interested parties informed and engaged.
  • Be Flexible: Adapt your price and negotiation tactics if there’s limited initial interest.

READ ALSO: How To Buy And Sell Domain Names Using Dynadot

Bottom Line

By following these steps and leveraging Dynadot’s platform effectively, you can significantly increase your chances of selling your domain name quickly and at a fair price.

Patience, realistic pricing, and active promotion are crucial to success!

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Tech Product Deals: Best Sites To Verify Before You Purchase

Angela Daniel
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Tech Product Deals: Best Sites To Verify Before You Purchase

Planning to buy a tech product? Discover the best coupon, deal, and price comparison sites to save money and get the best tech deals online.

Tech products are among the most exciting purchases, but they often come with a steep price tag. Whether it’s a new laptop, smartphone, or smart home gadget, the cost can put a dent in your budget. That’s why checking the right sites before making a purchase is so important. A little research helps you find the best price, avoid overpriced retailers, and uncover hidden deals.

Today’s shoppers have more resources than ever to make smarter choices. From coupon platforms and deal sites to comparison tools and refurbished marketplaces, there are plenty of ways to save. Knowing where to look can mean the difference between paying full price and walking away with a bargain.

Why Research Before Buying Matters

Why Research Before Buying Matters

Technology is constantly evolving, and so are prices. A product that appears to be a great deal on one website may be listed for significantly less on another. Without checking, you risk overpaying for something that could have been yours at a discount.

Beyond prices, reviews and feature comparisons help ensure you’re buying the right product for your needs. Spending a few extra minutes on research can save you money and prevent buyer’s remorse.

Coupon Sites to Check Before Buying

Coupon sites are a must-check before completing any tech purchase. They collect and verify discounts, promo codes, and special offers from retailers, making it easy to save instantly at checkout.

One site worth visiting is ProxyCoupons, which regularly lists verified codes for electronics and accessories. From headphones to gaming gear, it offers discounts across a variety of tech categories. It’s a practical stop for shoppers who want reliable coupons that actually work.

Deal Platforms That Highlight Tech Offers

Deal Platforms That Highlight Tech Offers

Deal-focused platforms bring together time-sensitive offers from multiple retailers. They are especially useful during peak shopping seasons when tech prices fluctuate rapidly.

SaveMyCent is one example that organizes deals by category and often features special promotions on gadgets and accessories. The site is easy to browse and cuts out the frustration of expired codes. For buyers who want a quick way to save on tech, it’s a reliable option.

Price Comparison Websites

Price comparison tools are another essential stop when shopping for tech. These platforms scan multiple online retailers and display the lowest price available. They also highlight shipping costs, availability, and sometimes even user ratings.

By checking these sites, you can avoid paying more than you need to. This approach works especially well for big-ticket items, such as laptops, tablets, or gaming consoles, where small price differences can add up to significant savings. In a similar way, businesses carefully evaluate the right infrastructure monitoring tool to avoid unnecessary costs and keep performance optimized.”

Refurbished and Certified Pre-Owned Options

Buying refurbished or certified pre-owned products is a smart move for budget-conscious buyers. These items are thoroughly tested, repaired as needed, and certified to function like new. They usually come with a warranty, giving you peace of mind while saving a large percentage off the retail price.

Many tech brands, including Apple, Dell, and Samsung, run their own official refurbished stores. Retailers like Amazon and Best Buy also have certified pre-owned sections. This option lets you access premium products without paying premium prices.

Tips to Maximize Your Tech Savings

Tips to Maximize Your Tech Savings

Finding a coupon or spotting a discount is just the starting point. The way you plan your purchase can have just as much impact on how much you save. Timing, strategy, and knowing which resources to use often make the difference between a decent deal and a great one.

Shop During Major Sale Events

Seasonal sales are among the best opportunities to purchase tech at a lower price. Black Friday, Cyber Monday, and back-to-school promotions usually bring steep discounts on laptops, smartphones, and accessories. Adding a coupon on top of these deals helps you further reduce the price.

Stack Coupons With Cashback

Instead of relying on just one form of savings, look for ways to combine them. Cashback platforms often work in conjunction with coupons, allowing you to save at checkout and receive a percentage of your money back afterward. This is especially helpful on big-ticket items like TVs, gaming consoles, or premium laptops.

Sign Up for Alerts and Newsletters

Many coupon and deal platforms send exclusive codes to their subscribers. Signing up takes only a minute, but it gives you access to limited-time tech offers you might otherwise miss. Alerts can also notify you the moment a product you’ve been waiting for drops in price.

Compare Across Multiple Sites

Before hitting purchase, check at least two or three platforms. A retailer might display a “sale” price, but another store could still list it for a lower price. Comparing across sites only takes a few minutes but can save you enough to cover accessories like cases, cables, or extended warranties.

Final Words

Buying tech products doesn’t have to mean stretching your budget too far. With the right approach, you can enjoy the latest gadgets without paying full price.

Checking coupon sites, using comparison tools, and exploring refurbished options all work together to keep costs down.

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