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New cyber risk targets small businesses

cybersecurity-insurance

New cyber risk targets small businesses

Companies with weak or non-existent cybersecurity are easy targets for hackers.

With names like AstraLocker, RedAlert, CheckMate and Maui, today’s ransomware programs sound more like video games than programs that will shut down a network, steal customer information and disrupt a business for weeks or longer. According to CFC, a specialist insurance provider, you can add another ransomware risk to the list. The latest entrant, known as “BazarCall,” targets small businesses in particular.

The attack involves the use of a phishing email that tricks a target into phoning a call center, where they are then instructed to download malicious software and basically infect their own computers. Once the software is downloaded, hackers can implement undetected ransomware attacks.

Taken From: https://www.propertycasualty360.com/2022/07/20/new-cyber-risk-targets-small-businesses-414-224919/

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