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Swipe Left on Romance Scams This Valentine’s Day

Swipe Left on Romance Scams This Valentine’s Day You might find yourself browsing through profiles on online dating sites in the lead-up to Valentine's Day this year. Can you tell the difference between someone who is simply using a decades-old photo and a lothario scammer trying to swoon their way to every dollar in your bank account? Swipe left on romance scams this Valentine’s Day by reading this handy guide. With Valentine’s Day approaching, many hopeless romantics might be in the mood for love — but romance robbers may also be in the mood to exploit their next victims. Millions of people around the world use online dating sites and apps. And there are many success stories of people finding love and companionship online. But as well as the successes, there are also online dating scams – and these are on the rise. Americans reported losing a heartbreaking $1.3 billion

By |2023-03-30T17:09:13+00:00February 13th, 2023|Blog|Comments Off on Swipe Left on Romance Scams This Valentine’s Day
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Quantifying Third Party Cyber Risk

Quantifying Third Party Cyber Risk In today's digital age, quantifying third party cyber risk is critical. Organisations of all sizes rely on third parties to provide a variety of services. From cloud computing and data storage to payment processing and customer support. While these partnerships can bring significant benefits, they also introduce cyber risk to an organisation. A data breach or cyber attack that targets one of your third parties can expose sensitive data or disrupt business operations. Leading to reputational damage, financial losses, and regulatory penalties. Therefore, it is crucial for organisations to effectively quantify and manage third party cyber risk. What is third party cyber risk? Third party cyber risk refers to the potential vulnerabilities and threats that arise from an organisation's use of external service providers and partners. These risks can come in various forms, including: Data breaches Unauthorised access to systems Ransomware attacks, and Supply chain

By |2023-03-30T17:09:13+00:00January 30th, 2023|Blog|Comments Off on Quantifying Third Party Cyber Risk
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Creating a WHOIS Template to Register Domains

Creating a WHOIS Template to Register Domains When a domain name is registered, ICANN requires that personal information including your full name, address, phone number, and email address be provided. This information is then made visible to the public via a WHOIS lookup. In fact, it's available to everyone including marketers, spammers, and even identity thieves. Do you want to find out more about the WHOIS database, how to correct register a domain for business purposes so it is instantly reconisable and how not to expose your personal data while doing so? Perhaps you are wondering what measures should be taken to ensure your organisation's privacy on WHOIS? To discover answers to these questions, carry on reading this handy guide on "creating a WHOIS template to register domains." Introduction If you’ve ever registered a domain, you’ve probably felt a pang of anxiety about having to enter your address, phone number,

By |2023-03-30T17:09:13+00:00January 25th, 2023|Blog|Comments Off on Creating a WHOIS Template to Register Domains
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Why It Is Important to Assess and Monitor Third Party Risk

Why It Is Important to Assess and Monitor Third Party Risk The handling of risks associated with third parties is essential to avoiding numerous problems. Failing to assess these risks can open up an organisation to supply chain attacks, data breaches and cause reputational damage. Due to these factors, governments around the world are enforcing regulations in order for organisations to properly monitor and control vendor risk. This includes keeping track of both sub-contracting and on-sourcing arrangements (fourth-party risk). Read on to learn more about why it is important to assess and monitor third party risk. It is increasingly becoming more and more important to assess and monitor third party risk. This is in part because the creation, delivery or support of products and services may involve collaboration with external parties where data and/or network access with a third party may be shared.  This poses new and significant reputational, commercial

By |2023-03-30T17:09:13+00:00January 3rd, 2023|Blog|Comments Off on Why It Is Important to Assess and Monitor Third Party Risk
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5 Cyber Security Tips to Keep Your Business Safe

5 Cyber Security Tips to Keep Your Business Safe A major concern for CISO's, IT teams, SOC teams and other cyber security personnel during 2022 has been protecting their organisations from cyber security attacks. But are you taking all the necessary steps to keep your organisation's data and online presence secure? As businesses become more reliant on technology, they also become more exposed to cyber threats. However, knowing where to start in terms of protecting your business can be daunting. Here is "5 Cyber Security Tips to Keep Your Business Safe": a guide to help businesses navigate the world of cyber threats. Keeping information safe and secure has been a challenging task for businesses of all sizes over the last few years. Meteoric shifts from in-person-, to online-, to hybrid workplaces forced companies to change, or at least reexamine, their cyber security practices and protocols. Far too often they weren’t

By |2023-03-30T17:09:13+00:00November 16th, 2022|Blog|Comments Off on 5 Cyber Security Tips to Keep Your Business Safe
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The Anatomy of a Data Breach

The Anatomy of a Data Breach Arguably no phrase has dominated the tech world the last 24 months more than the term “data breach.” From breaches that have impacted critical infrastructure like the Colonial Pipeline event, to hackers compromising healthcare records at UC San Diego Health. The last two years have been thoroughly saturated by headlines of cyber security mishaps. Yet, despite the prevalence of the breach-centric newscycle, many everyday individuals may not know what exactly a data breach is, how they typically start, and why they occur. Elasticito has dissected the topic and compiled "Anatomy of a Data Breach" to help you understand the ins and outs of the topic. According to IBM, the average time it takes an organisation to identify that a breach has occurred is a whopping 287 days. IBM furthermore reports that the average time it takes to contain a breach is an astounding 80

By |2023-03-30T17:09:13+00:00October 26th, 2022|Blog|Comments Off on The Anatomy of a Data Breach
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4 Ways to Use Security Ratings Tools to Automate Risk Assessments

4 Ways to Use Security Ratings Tools to Automate Risk Assessments Your organisation is at risk of being attacked by cyber criminals. It's just a fact of life in this digital age. But how great is the risk you're facing and what can you do to mitigate it? Security ratings tools are an essential part of any good cyber risk management strategy. These tools help organisations understand, control and mitigate all forms of cyber risk. They are so vital, in fact, that they stand as critical components of an effective data protection and risk management strategy. With more and more businesses relying on digital systems for day-to-day operations, the potential for new vulnerabilities also grows — which means greater risks for everyone involved. Here are "4 ways to use security ratings tools to automate risk assessments" which will enable the minimisation of your cyber security risks. Introduction The way that

By |2023-03-30T17:09:14+00:00October 12th, 2022|Blog|Comments Off on 4 Ways to Use Security Ratings Tools to Automate Risk Assessments
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3 Steps to Holistic Third-Party Risk Management

3 Steps to Holistic Third-Party Risk Management As businesses increasingly rely on third-party organisations to provide goods and services, it's important for CISOs and risk teams to understand the potential risks involved. If data sharing or interaction with customer data is required, the organisation's exposure to risk can significantly increase. By keeping a close eye on third-party activity, CISOs can help protect their company's data and reputation. Here are 3 steps to holistic third-party risk management. Definition Third-party risk management (TPRM) is a newer term that describes vendor risk management, vendor management, supply chain risk management or supplier risk management. TPRM is a focused subset of enterprise risk management that identifies and reduces risks when third parties are leveraged to perform specific tasks. These entities include vendors, suppliers, partners, contractors, and service providers. TPRM is all about understanding, monitoring and managing the risks that come from interacting with external organisations.

By |2023-03-30T17:09:14+00:00October 4th, 2022|Blog|Comments Off on 3 Steps to Holistic Third-Party Risk Management
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Using Cyber Risk Ratings for DORA Compliance

Using Cyber Risk Ratings for DORA Compliance The number of cyber attacks across the world is on the rise, and the European Union is taking steps to strengthen the IT security of financial institutions such as banks, insurance companies and investment firms. DORA, the Digital Operational Resilience Act, will help ensure that the financial sector in Europe can maintain operations even in the event of a severe operational disruption. The Council presidency and the European Parliament have reached a provisional agreement on DORA, which is a positive step forward in protecting Europe's finances. Continue reading to learn more about using cyber risk ratings for DORA compliance. Introduction In today's digital world, it is essential for companies and organisations operating in the financial sector to have robust security measures in place for their network and information systems. The EU's DORA sets out uniform requirements for such security, as well as for

By |2023-03-30T17:09:14+00:00September 26th, 2022|Blog|Comments Off on Using Cyber Risk Ratings for DORA Compliance
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7 Questions to Ask About Cyber Insurance

7 Questions to Ask About Cyber Insurance As more and more aspects of our lives move into the digital realm, the risks we face from cyber threats are also increasing. This warrants the need for a plan to protect ourselves from the repercussions of such dangers. Enter the realm of cyber insurance policies. This topic, at first, may seem difficult to navigate. For this reason, Elasticito has compiled a list of 7 questions to ask about cyber insurance to make the journey as easy to understand as possible. Defining Cyber Insurance In today's digital age, organisations face a range of cyber threats that are constantly evolving. The Identity Theft Resource Center’s (ITRC) 2021 Annual Data Breach Report revealed there were more “cyberattack-related data compromises” (1,603) in 2021 than “all data compromises” in 2020 (1,108). These attacks increased in nearly every primary business sector. Cyber insurance can help protect your organisation financially in the

By |2023-03-30T17:09:14+00:00September 20th, 2022|Blog|Comments Off on 7 Questions to Ask About Cyber Insurance
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