Be prudent towards cybersecurity before its too late

Be prudent towards cybersecurity before its too late

Hollywood movies give us an insight as to how it is going to feel when someone puts a gun on your head and asks you for ransom. The good part is we can anticipate the reaction and prevention of any such situation. However, virtual life is significantly different from the ones we see in reel or sometimes unfortunately in real life. People stay under the misapprehension of the virtual world being a safe one, as no physical or face to face contact is made. If you think the same, you may want to rethink it.

The advancement in technology is no doubt, making life much easier. All it takes is just one click to flourish businesses, contact and lock deals and expand the clientele base. Communication has become easier and people can contact anyone from any corner of the world. But are these advantages turning into a bane? In recent years, it most definitely has. Cybersecurity is one of the biggest concerns of businesses that carry most of its operations online. Phishing, vishing, ransomware, smshing are few of many cyber threats occurring on an hourly if not daily basis. One such cyber threat that has caught the attention of cyber police and tech enthusiasts is ransomware.

What is ransomware?

Ransomware is a kind of malware that is used to infect the devices of individuals or businesses. There are a few variants available as of now including the ones which either infect the device and encrypt the files. The other ones get access to the device and either delete the files or block them till they get the desired ransom. The amount of ransom can be anything between $200-$20,000, gift cards or bitcoins with no specific pattern in the value of ransom.

The loss related to a ransomware attack is not only limited to the amount of ransom itself, but it hits the victim in many ways. The losses include the loss of data, amount of ransom, legal charges, IT costs, cybersecurity software and loss of productivity. One ransomware attack can affect the victim in numerous ways, from which it takes months or even years to recover. When a phisher attacks a victim he makes sure to take full advantage of the opportunity and attacks all the devices including the desktops and even the smartphones; leading to complete wreck in the system.

How does a ransomware attack work?

The attacks vectors it’s way to the victim because of his own activities. When the victim clicks on unauthorised links, e-mails containing malicious attachments, compromised websites or sometimes drive-by downloads; the malware gets downloaded automatically and infects the system. 

Another method used by phishers to trap their victims is the use of cyber threat actors. This method is a combination of spear-phishing and ransomware. When the attacker intends to attack a specific person, this method stands by far most successful. After mining all the information, the phisher contacts the victim, win the trust and then attack him by persuading him to click the malicious link or attachment. Using actors in such attacks helps in gaining more money or ransom in comparison to sending mass e-mails or messages. 

Top 3 important steps for mitigation of ransomware attack

  • Incidental response plan- This is very similar to cybersecurity training where the employees of an organization are trained on how to prevent, respond and identify various phishing attacks. During the ransomware attack, the employees, employer or individual are trained on how to respond to a ransomware attack.
  • Anti-spam and antivirus- The antivirus and anti-spam solutions are your go-to preventive measures when it comes to phishing attacks. Make sure you upgrade them time-to-time for better protection.
  • Backups are saviors- The main element of a ransomware attack is stealing or encryption of important data. If you already own a backup of all the important data which you know may cause trouble if it gets stolen or deleted, it will significantly mitigate the loss caused by an attack.

Facts and figures

  • The bar graph below is the clear representation of the growth in damage and cost of ransomware which shows a whopping increase to an estimated $20billion dollar in 2020 alone
be-prudent-towards-cybersec-growthstats

To sum up final thoughts

The greed for quick and easy money by people with ill-intentions has stooped them down to a level where they use their brightest brains to weave ideas for trapping people. The ransomware attacks are getting more and more sophisticated which is making it difficult to avoid or prevent them. However, with proper training and preventive measures as stated above; the task doesn’t seem impossible. Therefore, its high time one must get alert with the activities online to save oneself and businesses from huge losses.

Make anti-phishing solutions ride shotgun in your company’s modus operandi

Make anti-phishing solutions ride shotgun in your company’s modus operandi

A person is always very particular and vigilant when it comes to his or her close one’s secrets. They try to protect it while keeping their lives on stake. This is because they understand the sensitivity and tenderness of the secret and the chaos it can create if they beans get spilled. The same situation works for a company as well. The business owner or the core workers know they sweat and blood they had to invest to make they the company stand at the position it stands today. Therefore, it becomes their utmost priority to safeguard not only the company’s sensitive data but also the reputation and trust the employees and customers lay in it.

The company holds a lot of important matters with it which includes the data, finance, intellectual and intangible property. The security of these elements is as important as the assets itself. When these elements get into the hands of attackers, it can land the company into problems with irreversible consequences. Therefore along with proper awareness among the employers and employees, effective solutions are equally vital. With the advancement of technology and a detailed analysis of the pattern of the attacks by phishers, a number of solutions are now available which can help the company in the long run.

Need for anti-phishing solutions

The need for any solution or service can be best understood by the urgency of its use. Starting with the statistics, in 2018 alone around 880 million phishing e-mails and messages were detected around the globe.

Phishing e-mails disguise themselves as if they are from familiar websites or companies. The e-mails are usually sent in bulk which is a time and cost-efficient method of catching prey. They add attachments or links which contain malware and ransomware making them very dangerous even if a victim clicks on it. Although the phishers have now specialized and upgraded their game, where they attack their victims by creating personalized e-mails for them, which increases the success rate of them falling for it.

The scariest and worrisome part of a phishing attack is that if the attacker gets access to your data, it will months before you could even detect the breach. Even after you detect the breach, it will take you months to contain and get back on its feet to control the damage. This gives the phishers straight-eight months of a headstart to continue with their malicious venture. These reasons add up as to why every company is under the radar of the phishers and how important are these anti-phishing solutions.

How do anti-phishing solutions work?

  • Scans the incoming e-mails- The most important feature of an anti-phishing solution is to scan the e-mails. This is because most phishers make their way into your device through the malicious e-mails they send you. When you click these links or attachments the malware infects your device. However, when you install anti-phishing solutions to your system, the software intercepts the e-mails and lets you know whether or not the e-mail is safe to go ahead with.
  • Processes smart quarantine- You might be wondering what if your important e-mails are marked as spam or get blocked and never reaches you. However, the anti-phishing solutions provide you with smart quarantine which means it will never mess up with your important e-mails or mark it as junk.
  • Real-time blocking of malicious URLs and links- No matter how aware or experience you are with surfing the internet, one misclick is enough to infect your whole network. Therefore, installing a proper anti-phishing solution will stop you in the first place from loading into malicious webpages or clicking on the links. So now you can safely surf the internet and without worrying about malicious webpages or links.
  • Protects all the devices other than a computer- While a number of excellent solutions are available for protecting your computer; there is a lack of cybersecurity options for your mobile phones. As more and more people prefer using their phones for carrying out most of their activities, having proper security options for your phone is equally important. Anti-phishing solutions come as a good tiding as it includes multiple software for protection of your mobile phone and similar devices as well.
  • Prevention from spoofing- If your website earns a lot of traffic or is gaining popularity, you may be a possible target of phishers. They spoof your website and misuse it under your name. Phishers these days also use a number of spoofing e-mails that you might receive. In such cases, anti-phishing solutions sniff out any incoming spoofed e-mail or help in detecting spoofed websites; decreasing truckload of the responsibility off you.

Some final thoughts

It is an important step for all companies to educate and create awareness among the employer and employees regarding the prevalence of phishing attacks and all the possible techniques used by them to phish their victims. It is equally important for them to provide insights as to how these attacks can affect the company in multiple ways. Having said that, the implementation of only security awareness training is not enough for providing all-round security for the company. Every company must install software which can ensure that any kind of phishing attack can be prevented both at the internal and external level; which gets us to the conclusion that anti-phishing solutions are a must in every company or individual’s modus operandi.

Be prudent towards cybersecurity before its too late

10 steps to shield your organization from cyber threats

The prevalence of threats to cybersecurity can compromise the security of your organization’s data and cause serious ramifications. Therefore, it is important to take adequate measures to safeguard your organization from online attacks.

Here are the top 10 tips that can help strengthen the security of your enterprise

  1. Protect your hardware

    Data breaches due to stolen devices are quite common, it is essential to secure your company’s hardware. Make sure the servers and network devices are housed in a guarded space and accessible only to designated professionals. Regularly checking the hardware for any potential tampering can also help in detection of any foul play by intruders.

  2. Software Updates

    Keeping all your company software updated can mitigate security risks. Postponing updates can expose your organization to the latest online threats because the updates might have patches to deal with system vulnerabilities.
    Since new threats emerge on a regular basis, your software should be equipped enough to combat them. Although they might cost you a penny, however, the latest software products are worthwhile investments considering the potential loss due to cyber-crimes.

  3. Stringent Password Policy

    Since hacking passwords is an easy way to enter your organization’s online world, using strong passwords that are not easily guessable need to be made mandatory. Employees must also change their passwords periodically.
    There should be clear rules to discourage password sharing or inadvertent revelation of passwords. Passwords must never be written down on paper because it might fall in the hands of people with ill-intention who intends to gain unauthorized access to your information.

  4. Network security

    Make sure to monitor your network constantly and create logs that can help identify suspicious activity. Since the virus in one device can crawl through and shut the entire network down, hence one must make sure to scan every device connected to the company network.
    Restricting the use of external devices is also crucial because that can be used to not only export information but also bring in malware or other malicious software. Encrypting all data and regular automated backups can prevent data loss in the event of a harmful intrusion.

  5. Employee Awareness

    Your company should foster an environment of employee awareness, discussing the significance of threats to cybersecurity and the damage that can be caused to your organization. Employees need to be educated about the best practices to follow while logging in to the company online. Services like PhishGrid helps with education and simulation training which ensure that employees adhere to security protocols.

  6. Firewall and Anti-Virus

    Installing the latest security software can help protect your organization against Trojan horses and ransomware. Most anti-virus software might not be robust enough to detect the newer strains of malware that can create havoc in your network. Therefore, investing in buying firewall software that can prevent the entry of such perilous software into your company network is advisable. Installing specialized security applications that target malware can also help nip such security threats in the bud.

  7. Being up to Date

    Reading magazines and news articles about malicious software and constantly doing the rounds can help you devise an appropriate plan to counter the threats. Network security professionals need to know of the latest threats and efficient ways to banish them.

  8. Admin Access

    Granting admin privileges to only qualified professionals can minimize security risks. Make sure that network control is managed by only a handful of employees who are accountable for data security. Constantly monitoring user activity and auditing logs can help in preventing accidental exposure to threats to cybersecurity.

  9. Unsecured Networks and Unsecured Sites

    Access to unsecure websites within the organization must be curtailed. All employees connected to the network need to be aware of ways to identify potential dangerous websites. Telecommuting employees need to be informed of the perils of related to unsecure networks for logging in to the organization’s servers. Implementing Virtual Private Networks (VPNs) can help create a secure channel of communication between the company’s website and the remote employee.

  10. Incident Management

    A well-equipped Incident management system needs to be in place to curb the ill effects of an attack immediately after its occurrence. Incident management professionals are needed to be trained in disaster recovery procedures and should facilitate business continuity.
    The company must be ready to provide a prompt incident response to limit the consequences of an attack. Speedy efforts to take remedial action and quarantining affected systems can help restrict the spread of malware. Employees must also be instantly notified about actions to be taken to avert the crisis.

Conclusion

Fighting against malware that can sneak into your organizational network unannounced is a constant battle. Therefore, diligent efforts are needed, to effectively manage your company online and defend it from hackers. By following the aforementioned tips, you can fortify and enhance the security of your enterprise and guarantee its smooth functioning without any interruption.

domain-protection

How to save your intangible treasure?

You probably are not aware of the importance your domain holds and why it requires protection. The following article will give you complete insights on how one can protect it.

If you are highly protective of a precious possession, especially if you have spent a fortune on it; you will perform probably ever precaution to save it from falling into the hands of a spiteful person. However, this attitude changes when it comes to intangible assets as people tend to be more ignorant about assets they can’t see or touch physically. But things take a toll when they start facing serious consequences of this ignorance.

One such important intangible asset to your organization or business is a domain name. You can see an example of what it is like in this article.

In the following article, we have a detailed discussion as to what a domain name is and how it is important to any organization or business. Also, why its protection is necessary and steps one can follow to protect it. A set of important facts and figures will give you a clearer insight as to how important a domain and its protection is.

What is domain and why is it important?

All your targeted customers mostly turn towards a quick web search to know more about your organization or product. As you can attract several customers and audiences through your webpage, it is important to have the right brand name for a lasting image through a market point of view.

Having a right, easy and attractive domain name will give your organization or product a strong online presence. As it stands as a very important marketing tool, the decision of choosing it should not be made in haste and should be a very careful and patient decision. Here is why having a domain name is important.

People always turn towards websites that sounds credible and genuine. Having a strong and unique domain name will make your organization look more professional and genuine so that more and more targeted audience is attracted towards it.

It is also seen that people are very much into window shopping and a lot of them decide which shop to enter just by look at the name and storefront window. In the same way, people also decide which website to enter just by looking at an attractive domain name.

If you are planning to move your business by relocating it into a new country or by moving to an in-house service, you don’t have to fret about changing your web hosting server as domain helps you with mobility and you can continue building your brand without starting from the scratch.

Unlike other marketing tools of traditional marketing, a domain name never expires. It will create and maintain the reputation of your organization and help you claim your territory online.

Why domain name protection is important?

After having a clear understanding of why having a domain name is important for any organization and how valuable asset it is; we shall now see what are the potential threats one’s domain can face and why its protection is very important.

Your domain is meant to be your personal space and all the data you upload in it meant to stay private. However, once your domain gets registered all your data gets available publicly on various sources. Therefore, to save it from such breach of privacy, it is important to get your domain protected.

When someone decides not to get their domain protected, it’s like publicly announcing all the personal and sensitive data on the internet at the public database and it can be easily misused, leading to irreversible damage to you and your organization.

When the domain name is left unprotected and your personal information is easily accessible, you might get bombarded with fake calls, spammers and even worse phishers. When these pushy marketers can easily get to you, all your devices including mobile and e-mails will get filled with spam messages and emails and you may end up purchasing things you don’t even want.

Just like building a house brick by brick takes a truckload of efforts, time and investment; building a website is likewise a tasking job but also an imperative part of your priceless organization. A small loophole in the security of your home can put all your treasure into danger; the same is the case with domains. When they are not protected they can fall prey to hacking. The hackers may break into your domain and rename it as their own without your consent.

How to protect your domain?

  1. Register with a reputable registrar

    With an increase in the number of domain
    registrar names in industry, you are left with many options to choose as to whom you want to register your domain name with. In such a case, you must always opt for the reputable one, have been in the business for a long time, offers good customer service and most importantly located in your country.

  2. Using a strong registrar password

    Protecting and using your registrar password should be done as diligently as you are with your bank account and other documents and websites carrying sensitive information. This is because falling of your password in the wrong hands may result in similar irreversible consequences. Failing to protect your registrar password may allow someone else to get access to your domain and he may transfer all your data before you could even realize it.

  3. Renewal of domain name

    Failing of renewal of domain name may lead to lapsing of it. Therefore, one must renew it for the longest possible period so that you don’t have to stay at the risk of forgetting or failing to renew it. One might also choose the “auto-renew” option of the registrar company and find domain registrar name where the renewal takes place automatically.

Conclusion

We become very prudent when it comes to the protection of valuables like house keys, bank account details, passwords of important websites, etc. But ironically people often become negligent on part of the most important asset of the organization, domain name. The protection of domain name is equally important as holds the title of the most effective marketing tool.

It can be hence concluded from the above piece of article as to why and how the protection of domain can be done. So before it gets too late, contact your registrar now and get it protected soon!

TIKAJ’s Domain name monitoring service will help secure your intangible treasure.

Identify-holiday-phiser

How to discern Santa disguised phishers this holiday?

Holiday season is around which means the season of sending and receiving gifts and pleasantries is here as well. According to a report, a whopping $143 billion is spent by customers just between Thanksgiving and New Year. This stands as a very happy figure for the phishers and scammers to rake in through the bank accounts of the customers.

You must have noticed a flooded inbox filled with e-mails and text messages luring to indulge in those vouchers from your favorite shopping mall or discount coupons from your go-to food joint. Free giveaways, life-changing lotteries you never enrolled for or charity messages shouldn’t fool you to fall prey to greedy phishers waiting to make quick bucks this holiday season.

If you receive e-mails, message or even calls which makes offers too good be true, its time you double or triple check, before you give in to them. These messages could have malware which once clicked could empty your bank account even before you realize it, pouring cold water on your happiness and warmth this holiday season.

Holiday phishing like every season is on a rise this year too. Save yourself and your loved ones with this informative article which gives you insights regarding every important detail you need to know about holiday phishing.

SIGNS TO IDENTIFY HOLIDAY PHISHERS

Phishers as their occupation asks for, are very clever. One can take phishing emails examples or messages which are sent by them look that very genuine and appealing. However, to save yourself from these traps, we have mentioned a few important points which will help you in identifying them.

Identify-holiday-phisher
  • Hoax shipping notifications:
    With holiday season around, the number of orders placed online increases. Phishers take advantage of this situation and send emails or messages quoting a fake order number and other details being shipped to you. One must not fall for such messages even under curiosity; they should inquire with the retailer or track the order online through their registered account.
  • Fake charities:
    As the irony serves, the gratuitous nature of phishers erupts as well during the holiday season. They may text or email you, claiming to be a charity and asking for donations. Make sure you check the legitimacy of the charity house and make sure it exists and works for the same cause as for which you are making donations.
  • Long-lost friend:
    Phishers knows when the iron is hot so they can hit the rod. The holiday season is one time of the year when all the friends get back in touch. Phishers can easily get access to your contact or friend’s list and send you emails personating to be someone you know. Before replying to the message you must double-check whether the person who claims to be the person you know is the same; also warn your friend if you think their contact list may have got compromised.
  • Social media “the new pool of phishers” :
    With a large number of traffic being active on social media, criminal intentions are bound to get followed. While surfing social media make sure you check the links you click as the phishers may use URL shorteners to lead you to sites which will install malware on your device and then get easy access to all the data. To save yourself from such compromising situations make sure you check links for typo errors or repeated letters to identify imposter website.

TYPES OF HOLIDAY PHISHING

Phishers have come forward with different ways to trap people and loot them this holiday season like every year. Below are mentioned a few phishing attack types.

  1. Fake apps and websites

    The time between thanksgivings to New Year is that one time where people indulge of all ages enjoys shopping. With the advancement of technology, people have started to rely more on online sources to buy presents; which turns out to be a treat for phishers. When the victim gets attracted to really exciting offers and decides to purchase things from non-verified apps or websites, they fall into the trap of phishers. In this type of phishing scheme, the victim first receives an email which directs them to fill their payment details and other banking credentials after which the phishers drains out all the money off the victim’s account.

  2. Skimmers of credit cards

    A skimmer of credit card is a small malicious device which criminals use by attaching it to a payment terminal like one at the gas station, ATM or similar kiosk. When a customer uses such a compromised terminal, the skimmer can create a copy of the debit or credit card and also capture the PIN number. To protect yourself from falling into such a situation one must first look at terminal and see if anything is out of its place, try jiggling the card reader and if it moves around then there could be something wrong. Other than these measures one must try bot save card’s information on retail sites, enable purchase alerts on all the cards and disable any international purchase.

  3. Juice jacking

    Holidays calls for parties especially with huge public gatherings and late night outings. Using public chargers and USBs is very common when the battery of phones get drained out. This is when the term juice jacking comes into play. When you put your phone for charging process, the USB or power cable get illegitimate access to your phone and malicious code may get injected onto your phone making all your private and sensitive information vulnerable in the hands of the person with ill-intentions. In simple words, juice jacking leads to an invasion of your privacy on the use of infected USB cable or injecting malicious code directly into your phone, whose damage could be irreversible in many cases.

Conclusion

The holiday season is a time of merrymaking both for normal people and phishers. It is a prime crime time for holiday phishers who trap people by sending them infected emails, messages and tricking them into purchasing things from hoax websites. To make this time of the year merrier for yourself and your loved ones, be aware and spread awareness about such phishers, different phishing attack types by giving them phishing emails examples and such other messages and by asking them to stay more careful while surfing the internet this season.

malware-virus

Emotet malware being presented to people this Christmas, through Greta Thunberg themed Phishing emails

A global spam email scheme has been discovered which is using Swedish environmental activist Greta Thunberg themed emails to lure users.

Spam consists of a single message that attempts to deliver the well-known malware Emotet

Emotet was discovered back in 2014 as a banking Trojan aimed at stealing financial data. It has now  gone through several iterations and has emerged as one of the most destructive malware aimed at the financial domain.

A recent research discovered this widespread campaign using Greta Thunberg’s name to lure users into downloading Emotet malware.

The email consists of the subject line “Support Greta Thunberg” which invites the recipient to join the protest against the government raising concern against the threat of climate change.

Details regarding the fake protest are included in a file attached to the email. When opened, the file will install Emotet malware onto the recipient’s device.

Image showing an example how the phishing email may look like
Image showing an example how the phishing email may look like

Users should be able to view the malware file in the outdated .doc format for Microsoft Word. The email itself contains multiple spelling and grammatical errors, something anyone would not anticipate from the newly crowned Time Person of the Year 2019.

This campaign is targeting people around the globe with the most targeted victims in Japan, Germany, Italy, UAE, Australia, and the UK. Recipients are also told to forward and promote the malicious email to their good wishers, meaning the campaign has rapidly spread across the world.

This malicious campaign suggests that attackers don’t hesitate to use the face of even famous entities with good intentions. They tend to exploit the factor of public awareness and interest cleverly.

Better to be prepared for such attacks before hand. Train your organizations, friends, family because humans are the last line of defence after a phish bypasses the other technologies. Checkout our Phishing simulation and training solution PhishGrid.

To know more about How to identify a phishing email, read some useful insight here.

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Your brochure as to why anti-phishing services are your best bet

One of the most infamous phishing techniques involves spawning of fake copies of any login page and then making the victims sign in through that page to trick the user for receiving the credentials.

This common technique of laying a phishing trap is very common and consists of about 7% of cybercrime all over the world. The newcomers in the world of the internet are more prone to fall victims to such technique, hence they require an expert methodology to help prevent such cases. This brings us to the concept of anti-phishing software.

Generally, anti-phishing software first checks the webpage which is being loaded on the web browser. If the page does not match with the database of that particular service, then the page is considered as safe and only then it is sent to the web browser to be rendered. However, the main question which arises is whether it is worth using and investing in such anti-phishing software? Just like every other thing in this world, every product, situation, etc. has two aspects: pros and cons. The important point is whether to consider it or not. Keeping a note of all the pro and cons of anti-phishing services will help you in deciding the answer to the aforementioned question. This article includes both positive and negative points and a comparison with a judgement suggestion about whether anti-phishing software is worth using or not.

People enter the world of the internet right from their teenage but nowadays children of age around 5-6 years are capable of making accounts on various websites. This initiates the risk of falling prey to phishing traps. Such users have no idea how to differentiate between fake and original pages, how this phishing work and hence they become easy victims. While loading a phishing page, the anti-phishing services, before loading the page checks whether or not the page actually belongs to the website of which it claims to be. Consider the example of Facebook. The anti-phishing software will first check if the Sign-in page actually belongs to Facebook. It also checks where the page is sending data after the user logs in. The anti-phishing software then evinces it on the screen if the page seems safe. Phishing links are also sent via emails, and such services work to check if the link in the email is actually a safe one or a phishing link.

Anti-phishing software has proved to be very effective against phishing attacks over the internet in the past couple of years. It has accounted as proof that these services actually work, but to what extent, that cannot be properly calculated. A lot of companies around the world provide anti-phishing services, and these services usually come in-built in Internet security. Companies, which manufacture anti-virus software, also manufacture internet security, which includes anti-phishing services. These internet security services work mainly by protecting users from entering into fake web pages that might steal their important information over the internet by any false means. This sure does include phishing pages.

PROS AND CONS

Since this software first checks the webpage, it makes loading each and every webpage slower. Sometimes it is also possible that these services mistakenly mark a safe page as a threat. If a user is doing internet banking, it might be possible that the user might get stuck in a mishap. The fund transfer procedure might be accidentally considered as an illegal operation carried out to steal money via internet banking. In such case the transaction may never complete, however, such incidents are almost none and hence it should not be a point to actually worry about.

However, many times other webpages can also be misunderstood as a phishing page. In such a case, if the user is sure that it is safe to proceed, then that page can be marked as safe. Many times if a user proceeds in an unsafe environment on the internet, then the anti-virus installed in the computer blocks any attempts to spread the virus incoming from the internet. Hence, it is suggested to have an anti-virus system along with an anti-phishing service (can be internet security).

FINAL INFERENCE

Since the advantages are really impressive and the disadvantages are something, which can be taken care of, it is advised to use anti-phishing services, as it provides great security throughout the internet session. The negative points of these services can be tackled easily. Investing a small amount of money in such services can save a lot more than you can think of as problems do not knock the door before coming, and these services can easily protect without any effort from the user’s side. The services are made in such a way that it works in the background and does not make the user feel disturbed during any transaction carried out on the internet.

CONCLUSION

Until now, these services have shown only positive results and not even a single case has come to light where such service has created problems to the user in the entire world. If a user is using a computer system, then it is not difficult for it to maintain an anti-phishing service, as it does not cost much and makes a user go tension free from almost all cyber-attacks with this effective service in hand.

domain-protection

What makes domain an indispensable part of any organization?

A domain is a virtual space owned by any particular personnel or company, which helps him earn his daily bread. Giving away the only source of income simply means putting you and your loved ones on the risk of starvation. Hence, certain measures should always be taken up to protect your domain at all costs.

Understanding the basics of what a domain for company is and how it actually works is imperative before stepping into the depths of learning how to protect it. Learning about something you don’t even know what it is, stands completely pointless. The protection of everything comes at a certain price and self-responsibility and it’s more than the work assigned to perform.

Domain for company is in general, only the name given to a particular web-address owned by a particular individual or entity that serves to a certain field of work as per the requirement of end-user or the customer as the end task, in the vast network of the internet. Domains can be classified into two broad criterions i.e. Service providing and Blog & Content Creation, which is further divided into various multi-trillion sub-divisions.

To make, name, create, & maintain a domain or a particular website the very initial expense can be as low as U$D 10-15/annum depending on the provider. But not to be mistaken, this is the very basic cost inclusive of almost nothing, and should not be considered as the expected cost of maintenance. The cost of increasing traffic and clicks on your website or domain, a certain no. of SEO’s (Search Engine Optimisers), graphic designers, content writers, domain back-end & front-end managers, server maintainers, and security specialists are hired and a constant stream of maintaining the following upfront costs can range from USD 4K-12K/annum.

Few of the basic precautions a person can take are to regulate the tasks performed by the users or the personnel managing the domain, should be granted limited access only as per their needs and requirements. Certain payment gateways should be set up, and a constant check on the work performed by the personnel for security check should be performed on a regular basis. This should be done to ensure the tasks performed are under controlled and monitored circumstances, making sure the following users and managers are not being able to mould the information gathered and to prevent the domain from performing any illicit activity that may put the owner of the domain in the purview of the governmental authorities and their questionnaires.

To prevent hackers from stealing and misusing the data collected, the data should be collected on an offline server which requires physical presence for the data to be accessed. To cite examples Google, Microsoft, Go Daddy or WordPress are some common names of big players heard in the field of domain making, registering, and maintaining. These players charge for doing the very same, the data is collected and simultaneously stored offline in various servers, to protect the user’s data and make sure that maximum measures to protect the same are taken.

For an instance, take an example that you bought a domain name, “SayCheese.com” (Currently on Sale), a site owned by a photographer, wherein he designs his domain for company in a meticulously-thought manner where he books slots for his shoots, puts on freelanced photos with his copyrights, and prevents the images from directly being copied or snapped using various tools enabled by the provider. For the following services granted to him, he is charged a minimum of $8000/annum for the services rendered to him by the provider.

For better understanding let’s take another example, whereby a person opens himself a domain with the name of “Twerky Life” (Available for sale) on Youtube Inc. showing the little perks of his daily routine with his dogs and how they are born and raised. For the very same he also granted YouTube (A Google-based Company) the access to his bank account details and he gets paid for the very same. As a precaution, in case anything happens to his channel an immediate contact is made to the company and immediate action is taken by the company, blocking any suspicious or malicious activity that might later turn out to be a threat to the transactions or might have access to the banking details of the owner. If any such threat exists, the company immediately suggests the owner to cease his account for a short interval or transfer the funds to some other account. If any third party device tries to login into his account an immediate message is sent to his registered mobile number & e-mail id.

Nowadays the internet is one of the most powerful tools to which one can easily earn or lose their living. Domain hosting companies are constantly working on various programs to mitigate the occurrence of such illicit & malicious activities taking place. Sometimes the help of hackers is taken by hiring them to work and making them hack the following content and trace out the details and bugs in the software. After analyzing the shortcomings, they then build and fix to create concrete solutions to the issues which may arise out of the blue.

Nowadays the scenarios are such that, for every solution that domain hosting company finds and puts into play, a large number of hackers start studying the concept based solution to the issue and begin to find a loophole or crack in coding, hence the data is never safe and constant measures are required to be taken in a continuous manner to avoid being robbed of data or monetary funds.

The guidelines of the very same providers clearly warns the user not to respond to any call seeking your credit card number, CVV, any banking details or in any particular manner your password for your account, as the following are acts of phishing activities which may lead to corrupting your data in a manner through which the entire funds are transferred to them and then nothing that can be further done to get back the money.

In simple terms, the conclusion always stands that your safety is in your hands. Your data & confidential information should remain a secret between you and your provider so that whenever quick actions are required, they can be carried out seamlessly and your data remains as yours and yours only.

TIKAJ’s Domain name monitoring service will help secure your indispensable part of organization.

55525735-min (4)

Online fraud : Bulwark Your Online Payments From Phishers

Development in the world of Internet has gained a lot of popularity, primarily due to the ease of use and widespread support of supporting technologies. There is no denying to the fact that to some extent the hassle-free living of the people these days is due to the most advanced technological era. Online payments have eased the lives of a common man, such as standing in long queues for money withdrawal is no longer required. But at the same time, the crimes associated with the advent of these technologies have also surged. With an increase in online opportunities, there is an increase in the online fraud types and various other fraudulent techniques done by the fraudsters.

What is online payment?

The Internet is quickly becoming the first stop for people for buying products and services which has further given rise to numerous payment systems over the internet.

Online payment is defined as a transfer of an electronic value of payment from payer to the payee through some kinds of electronic mechanism and generally, the content of this exchange is made through some form of digital financial instruments such as credit card numbers, electronic checks and digital cash. Transactions in remote payment cases in which the consumer and merchant are not interacting face-to-face are also defined as CNP transactions.

This list consists of top frauds that occured in 2018.

According to the USA Department of Justice (DOJ), e-fraud is defined as “a fraud scheme that uses one or more components of the Internet – such as chat rooms, e-mails, message boards, or web sites – to present fraudulent solicitations to prospective victims, to conduct fraudulent transactions, or to transmit the proceeds of fraud to the financial institution or to other connected with the scheme”

Common assumptions and reality regarding online payments

Although many people believe that online payments are easy, past records state that many times online payments call for fraud. On one hand, the introduction of online payments or CNP transactions makes it much more attractive and useful for both consumers and businesses. On the other hand, since the authentication of card or cardholder is not possible physically, the possibility of frauds is higher.

In order to understand how online payments are more likely to make a person fall in a trap of fraudsters, let us understand one of the most common online fraud types that occur – Phishing. It won’t be wrong to say that online payment has become a new phishing scammer’s target.

It has been estimated that each year online payment fraud causes loss to billions of dollars. Payment fraud is a serious assault that causes billion dollars loss every year. Furthermore, fraudsters use recently developed techniques and methods for obtaining cardholder’s personal and financial information. Research states that Fraudsters often use stolen account information to reach other accounts.

Phishing is one of the most common techniques used by fraudsters to obtain confidential information of the user and they do this by posing themselves as a trusted authority.  It is a way to collect banking details and other sensitive information through emails that contain attachments or hyperlinks. Therefore it is important to understand what phishing emails are.

The fraudsters send an email in such a way that it appears to be a mail from an authorized organization. Whenever an individual click on an attachment or a hyperlink present in the email, it causes the system to get infected by malware. As a result, whenever a user makes an online transaction, the malware gets activated and steals all the personal information including credit card numbers and pin number. This makes it easy for the fraudsters to carry out any financial transaction. The spammers use professional-looking emails that include logos, graphics, and many other elements. On the other hand, the content of such emails is written in such a way that it confuses, upsets or excites the recipient. As the user many a time doesn’t have an idea about what is phishing emails, it gets easier for the phishers to trick the user.

A phishing attack is not only associated with authentic-looking emails, but it can also be associated with fraudulent web pages. Phishers design web pages visually similar to real web pages in order to spoof readers. These spoofed web pages also include a graphical user interface in order to lure the users to enter their personal information such as username, password, credit card details, and much other sensitive information.

The entire process of online transaction begins with the consumers providing their sensitive personal information which is transmitted over various unsecured networks. Many times, the payment systems are not secure enough to protect and prevent the personal information of an individual from attack or attempts from the fraudsters.

Conclusion

Therefore, it can be concluded that although online payments have made the lives of people much easier, it is not completely safe. A little lack of attention can make your online transactions unsecured and therefore it is important to understand various online fraud types.

TIKAJ’s Security services will help secure your online transactions.

55525735-min (4)

Cyber-crime: Payment facilitators falling prey to the scammers

Millions of complaints get registered around the world to the cyber-security regarding the cybercrime. In fact, many fraudulent activities may not even be getting registered to cyber-security.

Today, the e-commerce business gives a high return to the business organization.  These high returns bring high risk to them. E-commerce businesses depend upon electronic transactions so as to charge customers for products purchased and services offered. The magnitude of these electronic transactions is increasing day by day, thereby increasing fraudulent activities.

Payment facilitator companies take the responsibility legally for transferring funds from buyers to sellers. The payment facilitator faces challenges when the firm is smaller or if it is a start-up company. Because these firms don’t have proper technical resources, time, and funds required to get up and running. Payment facilitators while doing transactions for their respective customers often look for the easiest mode for payment transactions and restrict the barrier, which opens the gate to many scammers/fraudsters. Scammers then weave a web for these payment facilitators and attack their database system.

Digital payment frauds are the easiest way. Cybercriminals are very active over the internet as it provides them with the perfect environment and they often have a team. Because consumers and merchants are not interacting face-to-face, they remain anonymous to one another. If the payment processing facility like the process involves making payment initiation and the payment methods of the facilitators are weak it may easily attract the villains to breach their security system and get all the personal, as well as financial data of the customer. Scammers obtain all this information online. When they gain access to the internal systems, scammers may successfully be able to generate files as per the requirement.

Scammers then start sending messages over the phone, e-mail to the respective customers. These messages will appear to customers as if they are being sent by the merchants and customers fall for this trap. 

To further generate more revenues these facilitators develop an app for mobile. The app is used by numerous people and scammers too. Scammers use their app to know about the payment solution by making payments of less or higher value.

Scammers make calls, send emails, text, or send pop-up windows falsely claiming to individuals that their computers have malware or have been infected with viruses. Scammers promise to fix a problem for a charge or offer a download that gives cybercriminals access to their computers and their personal information. At times, cybercriminals also enroll people in long-term computer maintenance plans to protect their computers from problems they have never experienced. Most often, cybercriminals target older people and other demographics that may be less computer savvy.

Chargeback Fraud or Friendly Fraud: Let us say a customer makes an online purchase. Later, they claim that the purchase was made fraudulently and ask for a chargeback – even though they made the purchase themselves.

Merchant fraud: It occurs when someone creates a bogus company with no intention of selling any product to the customer. The business appears legitimate; but since it offers no actual goods or services, all users who make an online purchase only end up losing their money.

CONCLUSION

Risks are always involved in every job so it is in the case of payment facilitators too. While it’s challenging to eliminate the threat of fraud for e-commerce stores entirely, payment facilitator companies can still protect them up to some extent. They can do this by continually updating the network security systems. Firewalls and antivirus software are designed to act as a shield against hackers’. Constantly updating software helps ensure that sensitive business information is safe. 

It is not only payment facilitator’s but our responsibility too to act in a secure way. Today banks therefore warn their customers to not respond to the calls which ask for bank details like account number, credit card/debit card number because banks do not need such data from their customers.

Scammers continue to update their system and fraud technology and become more sophisticated. Payment facilitators have to keep themselves aware of the latest trends in high-risk scams so they can protect themselves. They have to be more vigilant so that they can protect themselves from problems and other digital payment frauds.

TIKAJ’s services will help you stay secure from online frauds.