Phishing Attack Awareness: How to train your employees not to fall for any Phishing Attack 

 

Phishing attacks are one of the most common security challenges that companies are facing to keep their data secure. As there isn’t any cybersecurity solution that can protect a company 100% from attacks, company must train employees to understand how they can work to avoid falling victim to phishing attacks and not get their valuable data stolen.

 

Phishing costs billions of dollars in lost assets and damaged reputations every year, and the trend shows no signs of decrease. According to Verizon’s 2019 Data Breach Investigations Report, built upon analysis of 41,686 security incidents, of which 2,013 were confirmed data breaches, 32% of all cyber attacks involved phishing. That’s certainly an incredible click-through rate which is exactly why these attacks remain so popular and of course financial gain is the most common motive behind these data breaches.

 

Hackers and data thieves are booming. In the course of the digital transformation, the attack surfaces are getting bigger and the strategies are getting more and more sophisticated. Studies have long shown that human error is a main factor for most cyber breaches, and that some form of phishing trap, it can be via email, web, app, or social network, comprises the first phase of more than 90% of those breaches. In order to counter these human mistakes, many organisations have implemented security awareness programs and train their employees how to identify phishing scams. Here below are tips on how employees recognise phishing emails: 

 

Companies don’t request your sensitive information via email

If you receive an unsolicited email from your provider with a link or attachment and asks you to provide sensitive information or to download invoices, it’s a scam. Most companies will not send you an email asking for passwords, credit card information, credit scores, or tax numbers, nor will they send you a link from which you need to login.

 

Look but don’t click

Phishing pro embed malicious links in legitimate-sounding copy. Hover your mouse over any links you find embedded in the body of your email. If the link address looks weird, don’t click on it. If you have any hesitation about the link, forward that email directly to your security team before taking any other initiative from your end.

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Don’t click on attachments

Including malicious attachments that contain viruses and malware is a common phishing tactic. Malware can damage files on your computer, steal your passwords or spy on you without your knowledge. Don’t open any email attachments you aren’t sure about and forward that email directly to your security team before taking any other initiative from your end.

phishing email

 

Look for email signature and logo

If you look carefully the signature in the mail, you’ll notice that details about the signer or how you can contact the company are missing. It must directly ring a bell that a phishing mail have been sent to you. Legitimate businesses always provide contact details. Check for them!

 

Double check the mail address if it contains domain emails

Don’t just check the name of the person sending you the email. Check also if their email address containe their domain name aswell. Differentiate the right and wrong address. If you receive a mail from Reinhard.demuynck@romi-laundry.be, it would be a correct address but Reinhard.demuynck-romi-laundry@google.be is obviously the wrong one.

 

Phishing, business email compromise and email account compromise cause hundreds of millions of dollars’ worth of losses each year, and this number can decrease if we continue to give employees resources like phishing tests and cybersecurity awareness training to help them not to fall for any Phishing attack and protect the organisation data. 

 

Source:

2019 Data Breach Investigations Report 

Mobile Payments Acceptance in Belgium

Mobile Payments Acceptance in Belgium

 

Mobile payments are transforming the payments industry, versatile innovations in this technology and payment methods are taking customers into a cashless world. These services are offering the possibility for non-banking actors to enter the market. To grasp this test and embrace this challenge, banks, traditional payments market players, are compelled to launch mobile payments.

 

A survey conducted by PWC on Mobile Payment 2019 that analyses customer acceptance of mobile payment in Belgium shows that Belgians are using frequently mobile payment with 47% current usage rate and it’s expected to increase by 68% by 2025.

 

The survey reveals that 47% of Belgians use Mobile Payment via smartphone or tablet. In Belgium, the leading payment method is cash, with 98%. Respondents gives second place to the online payment, with an 83% preference rate. In five years’, time, Mobile Payment is likely to reach a complementary position by attaining a 68% usage rate, rather than replacing traditional methods. Though it would follow that mobile payment users willing to make the digital jump would want to ditch their wallets entirely, that’s not exactly the case. The survey shows that the preference for cash and EC card payment methods is still expected to be over 90%. It tends to be presumed that individuals in Belgium stay wary about biometric and automated payment methods.

 

When it comes to advantages related to mobile payments, among the respondents, 71% consider that Mobile payments makes buying and paying less complicates, 63% are satisfied to be able to check transactions and movements of money on their mobile and 54% are happy about not carrying the burden and risk of having cash.

 

80% of respondents showed their worry in case their mobile might be stolen and misused for mobile payments and 47% thinks that mobile payments encourage to buy more.

Whether Google Pay, Apple Pay or pay by mobile bill, mobile payment is more relevant than ever. Many vendors are joining the hype about paying with your smartphone. But although mobile payment is spreading rapidly, many customers are still skeptical and wary about the trend. Here below are most common myths of mobile payments.

 

  • Mobile Payment is a new Technology

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Mobile payment is well known, not as an advanced development of PayPal, Apple or Google pay. The innovation has been around for over ten years through the form of paying via mobile phone bill. Here you only need a contract based or a prepaid cell phone. A bank account, Paypal account or a credit card are therefore not a requirement for mobile payment.  So, customers may choose whether to make their purchase by credit card, direct debit or simply by mobile phone bill.

 

  • Online payments will bring offline payments to an end

The trend of online payments is growing very fast but regardless of the popularity and growth of online payments, they will never replace the good old cash.

 

  • If my mobile might be stolen it can be misused to make Mobile Payments

This is one of the most across the board explanations concerning mobile payment. Since the start of 2017, all Clean Market Initiative mobile operators and administrators have shut these potential security holes through the redirect process. When a customer wish to purchase from a third-party provider via his phone bill, he is redirected to the service-independent page. There they have to confirm the payment by clicking or with a tan that is given to them by SMS, only. If the customer confirms the payment, they will receive a confirmation SMS after the transaction. The key safety factor here is that the customer is again explicitly pointed to the displayed offer and asked if he really wants to pay. Through the redirect process, paying by mobile bill has become secure and transparent.

 

  • There is no safe protection against misuse of payment by mobile account

A third-party block can be used to prevent unwanted third-party services that are purchased by mobile phone and billed via mobile phone bill. The same applies in the case also for services, which might be used. Thus, no money can be obtained without the consent of the customer, for example by an unwanted subscription, via the mobile phone bill. This lock can easily be set up with the respective mobile service provider. There are also different locking and configuration options that take into account the different usage and consumption behavior of mobile customers. However, after setting up a third-party lock, some comfort must be avoided. For example, it is no longer possible to pay for parking tickets or public transport tickets by mobile phone bill. Even purchases in the App Store, Google PlayStore, Spotify or Apple Music are then no longer possible on mobile bill.

 

  • Mobile payments can be used only for digital goods purchase

Mobile Payment is versatile, both online and offline. The payment method “Number simply by mobile phone bill” allows for the purchase of digital goods, for example, the purchase of parking tickets, public transport tickets and stamps.

 

 

Mobile Payment is a cutting edge, forward-looking and secure approach to pay with your smartphone. Ease and speed of payment seem to be the main advantages of Mobile Payment. Specifically, paying by mobile phone bill brings additional benefits in terms of security, since neither bank nor credit card information must be deposited.

 

Sources:

HyperScale and Data Management

A hyper-scale data center is mega-sized data centres that have a huge number of computers, network hardware, cooling systems, and are able to support thousands of physical servers and millions of virtual machines. As the technology is growing at exponential rates, big providers such as, Amazon Web Services (AWS), Microsoft Azure, Google, IBM Cloud, Oracle, SAP etc are redefining hyper-scale data centres for data storage and optimising speed to deliver the best software experience possible.

 

In this evolving IT landscape, for customers as well as companies, the question arises of which strategy they want to use for their data storage. They can choose from the following two options, either they can outsource and move their data to an external data center facility, either they can choose to move their traditional ‘physical’ data center to the clouds, means instead of investing in their physical hardware’s, they may opt to rent server in clouds. With this process of outsourcing, companies can reduce payroll costs and ensure that they remain up to date with the latest technological advances.

 

This need of outsource has created the requirement of hyperscale data center, which can operate, analyse and model the massive amounts of data flowing through their systems and offer insights into user behaviour that can be used to generate further income streams. As traditional architectures are not suited to adapt to new cloud centric infrastructure and operations, outsourcing Hyperscale represents a lot of advantages. Companies can benefit from a flexible and customizable IT infrastructure at exactly the level of traceability and cost, adapted to their capacity and need for specific workloads. The principle is simple: The low Total Cost of Ownership (TCO) comes from the fact that the data centers are usually equipped with standard and thus inexpensive standard components and second, that due to virtual infrastructures for larger data volume no more space, air conditioning or electricity is needed.

 

However, companies must not only work with one a single vendor. Using cloud services from more than one hyperscaler avoids dependency on a single vendor. Connecting with different Hyperscaler companies can also choose, depending on the requirements, the individually matching cloud service. This keeps them flexible in order to respond quickly and cost-effectively to new business challenges. This approach requires well-thought-out architectures, as in addition to disk space and computing capacity, data traffic also costs money in the cloud. Unnecessary and duplicate data exchange with Second Source can also increase costs.

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But where exactly are the differences in the hyperscalers? Well, the pitfalls lie in the different cloudstack. The most important distinguishing features can be divided into three categories: product diversity, performance classes and workload-specific target groups.

As no company is the same, sometimes performance, sometimes security, sometimes compliance, then again the availability or the costs or criteria such as scalability, connectivity and other workloads have priority. This question must respond to each companie’s need individually in the selection of hyperscaler.

 

Both in strategy and in purchasing, new thinking is required. Because the potential of the Hyperscaler can only be raised if the companies say goodbye to their single sourcing strategy. Multi-cloud sourcing strategies imply that businesses can move from one provider to another at any time and even distribute the same workloads among multiple resources.

 

Public cloud services are now demanded not only by large but also by medium-sized companies as a managed service. Hybrid and multi-cloud models, which constantly analyze new services and integrate them into managed service offerings, dominate.

For the path of the public cloud transformation, the supporting service providers have to offer a wide range of services and technical implementation. They act as partners of the large public cloud providers and have to know their advantages and disadvantages and advise their customers accordingly. Service Providers need to know all the offerings of the cloud providers in detail and to harmonize them with the requirements and business processes of the user companies.

 

Hyperscale computing is highly decisive choice for organizations dealing with large data volume, so the usage of the new computing system will be seen more in the area where companies demand big analytical needs.Since hyperscale computing is attracting more users, legacy methods of data management are no longer enough to meet the data management needs due to explosive data growth. HyperScale Technology provides a modern data management that is scalable, highly resilient, and simple. It allows organizations to manage data seamlessly on-premises and in the cloud. With Hyperscale Technology solutions companies can removes the burden of day-to-day operations with a simplified installation, automated and self-service operations, and update process.

RPA – Robotic Process Automation Benefits in Digital Landscape

Robotic Process Automation Benefits in Digital Landscape

 

Any business who is new to the digital landscape can faceevery day a new way to do business on the digital road. And they can easily get surprise to learn the quantity of time they were wasting by doing their business in anold-fashioned way=manually. Stepping out for a digital environmentadaption will certainly change the way how people used to work.

 

How? Roboticprocess automation (RPA)is made for automation of manual and low-value repetitive tasks, such as,dataentry (order, invoice, etc), looking up information in databases, typing in updates,preparea template, run and download reports, readand reply email, send mails to follow up with customers, etc. And with every manual process, chance of human error is present.

 

Simply put, RPA is used to automate repetitive, rule-based digital tasksbyinteracting withcomputer software and applications and information sources in a betterwaythanhumans do now.With the advances of digital technologies, use of RPA is getting more and more powerful because not only they can handle complex Business Process Management (BPM) activities but they are being use for decision making.

 

RPA can provide many benefits to organizations, few of them are listed below:

 

  • RPA can help in reducing manpower costs of any organizations. As the work is automates and done faster round the clock, companies don’t need to hire a 24/7 working staff. In addition to that, RPA promises to deliver better work than human workforce.

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  • Helps to control and minimize the risk of errors. As RPAs can replace humans in doing repetitive tasks, plus companies can assign humanstasksthat are worthy of their time, skills and experience to the projects that drive innovation and growth.

 

  • Reduce paper waste as it’s one of the biggest threats to the environment. So, in the digital world, RPA can communicate via digital mediums and save and store data in multiple forms in different storage (cloud or in-premises) without any use of paper.

 

  • RPAs are known to do more in less time and are flexible to adapt to any last-minute change in process.

 

  • Organizations can remote work from distance as all RPA software benefit from the centralized management platform. It offers a better business management along with high levels of security.

 

  • Improves customer experience by following up queries without any delay by using its automation capabilities.

 

 

RPA is, without anydoubt, a creative solution to handleissues oftraditional work environments. If properly implemented, businesses can 100%benefit from it and recover their ROI in no time. Also, withthe increasing adoption of RPA in businesses and enterprises, the demand for RPA professionals is increasing. Therefore, companies in future will be successful in they combine human and machines to drivethe best value of their businesses.

 

Sources:

22 Benefits of Robotic Process Automation (RPA)

TOP-5 BENEFITS OF ROBOTICS PROCESS AUTOMATION (RPA) ADOPTION FOR YOUR COMPANY

Business Benefits of Robotic Process Automation

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