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Hackers Target Law Firms: Weak Cybersecurity Make Law Firms Irresistible To Hackers

hackers target law firms

Why do hackers target law firms? Simply put-  The weak cybersecurity of law firms make them an irresistible lucrative easy target for hackers. Not only are they a goldmine for highly sensitive corporate, financial, and personal data, but also because most firms aren’t prepared to fight off such attacks.

Hackers target law firms with a vengeance — An ALM Legal Intelligence’s cybersecurity report, 95% of corporate counsel agree that cyber-attacks are becoming more frequent. But most law firms continue to ignore the threat with nearly one-third not undergoing any formal information, cybersecurity, and privacy assessment.

Just take a look at what happened to global law firm DLA Piper, who, after proclaiming themselves experts on cybersecurity (even offering their services to affected companies through their 24/7 Rapid Response hotline) fell victim to a massive ransomware attack. Ouch.

For days, they were unable to have access to their files and had to revert to good ol’ fashioned texting to manage the law firm’s operations. And with companies losing anywhere from $300,000 to $1.7 million every hour of downtime, it’s not surprising that it’s still reeling from the attack.

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The Benefits Of Blockchain Technology For Accounting Firms: Is It A Game-Changer?

blockchain technology accounting firms

Blockchain technology for accounting firms: The explosion of cryptocurrency propelled blockchain technology into the mainstream, and tech-savvy accountants were quick to recognize how it seamlessly integrates with their profession. The auditing world’s Big Four and other early adopters have started experimenting with blockchain way ahead of everybody else.  What are the benefits of blockchain technology for accounting firms that are getting industry leaders excited?

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Sextortion Scam: Aaron Smith, The Latest (Most Embarassing) Cybercrime Hacking Technique

Sextortion Scam Aaron SmithWhat we all do behind closed doors, is our business, right? This “Aaron Smith” Sextortion Scam suggests otherwise.

Imagine this (or maybe you don’t have to imagine because if you’re a business owner in the triangle area):

You open your inbox, and some guy named Aaron Smith in broken English says something to the effect of,

“Hey, I hacked into your computer while you were on adult website X, I turned on your webcam and recorded you and your screen, and if you don’t pay me $5000, I’m going to post this video on your Facebook feed and show your aunt Martha, your boss’s wife and everyone else in your world.

I have your information, I know your password is Rover050467.”

Yep. This latest scam/internet con/email phishing attack is called “Sextortion” because it’s whole tactic is based around threatening to share what you do in private to all of your peers. This one’s a doozie to say the least.

If you’re not signed up yet – attending our next webinar Tuesday November 13 from 1:00 – 2:00 PM on Cybersecurity: How To Protect Yourself And Your Business From Data Breaches is an absolute must. 

Let’s dive into this debacle of a threat so you can learn how to protect yourself from this fantastically embarrassing (and clever!) email phishing attack.

 

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Goodbye FuseMail, Hello ProofPoint Anti-Spam Email Software: User-Friendly, Easy Digests

best anti-spam software for email ProofPoint Anti-Spam Email SoftwareIf you’re an existing client of ours you know we’re always evaluating our internal tools, evaluating what our clients’ experiences and refining our offerings, whether it’s a tool, a software or a service we offer.

As part of our core values, always find a way, when we find something better we’re going to make the change for the benefit of our customers.

We’ve listened to the feedback from our customers; we’re always on the cutting edge of technology offerings and in tune with our industry. Our latest upgrade to ProofPoint Anti-Spam Email Software is going to continue to ensure protection from malware, imposter emails, business email compromise (BEC) in an even easier user-friendly interface.

We’ve brought in, Mike Bodhe, one of our Support Services Engineers Allstars, to answer a few questions around unrolling this new product to our customers.

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Lose A Cool $1.6 Million In One Email: CEO Fraud And How You Can Fight Back

CEO Fraud Email ScamGot A Cool $1.6 Million To Burn? CEO Fraud And The Repercussions To A Business Like Yours

Here’s how you can lose $1.6 million from one email…the timeline goes something like this:

  1. A short and simple email from your boss, asking you to immediately send a large sum of the company’s fund to a new bank account, supposedly given to him personally by the supplier.
  2. You notice a few spelling errors, here and there. But it’s your boss, so you decide to let it go. You’re a little bit suspicious though of a supplier going directly to your boss instead of through you at accounting.
  3. You decide to ignore it for now. You want to confirm with the supplier first. But then you start to worry that your boss might find out that you didn’t believe his email, so you decide against it.
  4. You remember watching a funny TED video about this guy replying to spam, so you decide to check with your IT department first to make sure you’re not giving away money to some Nigerian prince.
  5. But before you could, you receive another email from your boss, asking what’s taking you so long to transfer the funds. You think about how he rarely contacts you. But he’s contacting you now for this particular transaction, so it must be important.
  6. You notice another spelling error. Glaring this time. But the boss – the one who hasn’t sent you an email for the two years you’ve been in the company – has emailed you twice now. Twice.
  7. So with the overwhelming need to impress your boss, you go against all common sense, and you make the transfer.

…And that’s how you lose millions of dollars from a poorly spelled CEO Fraud email.

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Nigerian Prince Alert! CEO Fraud: Phishing Email Scams Targeting CEOs

CEO Fraud Phishing Email ScamPhishing Email Scams Targeting CEOs: You’re Smarter Than A Nigerian Prince, Right?

Before you say you’ll never be one of those people who gets suckered into giving money to a Nigerian prince, just know that, a sophisticated version of this phishing email scam took tech giants, Google and Facebook, for over $100 million.

Yes. Google, a seller of security keys marketed as “the strongest, most phishing-resistant authentication factor for high-value users” and Facebook, a survivor of 600,000 cyber attacks every day, gave money to a Nigerian prince.

In this case, to a 40-something Lithuanian man named Evaldas Rimasauskas, who ran a sophisticated CEO fraud scheme, which involved him impersonating a large computer parts manufacturer using fake email addresses, forged corporates stamps, and phony invoices.

It took two years before anyone even discovered that they were being conned.

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How To Protect Yourself Against Bandwidth Snatchers

Free WiFiHas your Internet connection suddenly come to a snail’s pace?

You try everything – dump your cache, restart your router, and make a semi-threatening to your Internet provider – but to no avail, videos still buffers at 144p. Then, just as you’re about to give up, your connection mysteriously speeds back up.

Beware. You might have a bandwidth snatcher for a neighbor.

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Phishing Email Scams May Cost North Carolina Business Owners Triple Damages

Phishing emails, we’ve been pounding this topic religiously these past few weeks, covering this topic in our Webinar Recap: How To Avoid Falling Victim To An Email Phishing Scam.

If you’re just joining us around this whole Phishing epidemic, and you’re not entirely sure what Phishing means, to quote an earlier article What Your Staff needs To Know About Phishing:   

Phishing is the security industry’s term for trick emails. Someone is wanting to trick you into giving them data, information or access to something they can exploit. Think of them as email con artists.

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Megan Fox, Your Flight Status, And Traverse City: 12 Cool Ways To Boost Productivity With Windows’ Virtual Assistant Cortana

12 Ways to Boost Productivity using Cortana, Windows' Virtual AssistantThe adage “Time is Money” is never more relevant than when it comes to navigating through your Windows operating system to knock out your business’s week’s to-do list and boost productivity.

Consider this: Let’s say you spend 5-8 seconds browsing through a menu to pull up a calendar, move appointments that have rescheduled, or using your pesky URL search bar to google irrelevant facts about celebrities, the average user spends 15-25 minutes a week on inefficient productivity processes within their Windows devices.

Our solution? Save those precious wrists, fingers from carpal tunnel, and eyes from strain and fatigue and use Cortana.

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