Posted: Monday, May 16, 2022

E-commerce and Cybersecurity: What Online Merchants Should Know

E-commerce and Cybersecurity: What Online Merchants Should Know

Best Practices to Secure Your E-Commerce Business

By : Sentia

E-commerce platforms and sites are hot targets for attacks and breaches since cybercriminals consider them as treasure troves of financial, personal, and business data. Regardless of the business size, a breach of an e-commerce platform can cause huge financial losses by destroying customer trust, lawsuits, and stolen data. eCommerce businesses are mindful of the security issues facing them and have increased spending on security measures. A 2020 VMWare Carbon Black Cybersecurity Outlook Report revealed that 77% of companies included in the study have invested in new security measures, whereas 69% have hired more security personnel.

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Posted: Thursday, May 5, 2022

Understanding Multifactor Authentication (MFA)

Understanding Multifactor Authentication (MFA)

How It Works and Why Companies Should Consider Adapting It

By : Sentia

"For every lock, there is someone trying to pick it, or break it." - David Bernstein

One of the biggest problems with traditional user ID and password login is the need to maintain a password database. Whether encrypted or not, if the database is captured it provides an attacker with a source to verify their guesses at speeds limited only by their hardware resources. Given enough time, a captured password database will fall.

As processing speeds of CPUs increase, brute force attacks have become a real threat. GPGPU cracking can produce more than 500,000,000 passwords per second even on lower end gaming hardware. Depending on the software, it can take as little as 160 seconds to crack a 14-character alphanumeric password. A password database alone does not stand a chance against such methods when it is a real target of interest.

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Posted: Friday, May 21, 2021

The True Cost of a Data Breach

The True Cost of a Data Breach

And the Importance of Having a Cyber Security Strategy in Place

By : Sentia

The knock-on effect of a data breach can be devastating for a company. When customers start taking their business—and their money—elsewhere, that can be a real body blow.” – Christopher Graham

In January 2021, we witnessed the largest ransomware demand in history: the $50 million ransom demand from Acer by REvil gang. Although the actual amount paid will be considerably less then the original demand it is still extremely lucrative for cybercrimals.

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Number of views (2673)

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