As Canada navigates the challenges of the worldwide COVID-19 pandemic, many companies have and continue to adopt policies for working from home. Employees are now balancing their day-to-day work duties with their home life. This can pose difficulties, including how to maintain focus and stay productive. While accommodations and adjustments at home and in the office are being made it is critically important for business owners and employees to avoid compromising their cybersecurity.
Cyber crime operations are now among the multi-million dollar businesses thriving in 2019. Crooks are able to blitz IT infrastructure and pilfer precious pieces of data with ease. Attacks are becoming extremely sophisticated and discreet. At times, they are only detectable once the damage has been done.
Businesses are under attack by Business Email Compromise (BEC). This efficient form of fraud has devastated countless companies, preying on those that frequently conduct wire transfers or who deal with foreign suppliers.
The amount of information stored online rises with each passing second. Within these quantities of data are keys to unlock personal identities, exploit financial details and blackmail high profile corporations. Each time an individual discloses sensitive information to an enterprise, they could be putting themselves at extreme risk.
With numerous applications now functioning within the cloud, how do we ensure the safety of employees, customers and partners?
The password is one of the most recognized means of encryption and a hacker’s favourite weak spot. Passwords are notoriously susceptible to decoding because of their human factor. We have to create them. We have to remember them. So naturally we make them our birthdays, our pets names or even variants of our own names.
For those who are a little more committed to making unshakable passwords, the trouble lies in deploying password managers. These applications are helpful in theory, but they are not always available for all the different devices that we may have to use.