Resources / Blog
Insights on cybersecurity, managed IT, and modern business technology.
Practical guidance from the MYDWARE team — protecting and modernising businesses across the Greater Toronto Area and Simcoe County.
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CybersecurityAdware Apps: Guarding Your Business from Hidden Threats
Since October 2022, over 60,000 adware apps have been found disguised as cracked or legitimate software. These harmful apps can not only slow down your device but also reveal personal information, web history, and more.
June 24, 2023 2 min -
CybersecurityHow to Stay Ahead of AI-Powered Cybersecurity Risks
While artificial intelligence (AI) has many benefits for businesses, it has also created new vulnerabilities that cybercriminals can exploit to carry out complex cyberattacks that are difficult to detect and mitigate. Using AI, hackers can create convincing phishing emails that bypass spam filters. Similarly, cybercriminals can leverage AI to manipulate security systems and gain unauthorized access that causes irreparable damage to your business and your reputation.
June 16, 2023 3 min -
CybersecurityThe Kimsuky Threat: Understanding the Rise of Sophisticated Cyberattacks
The recent actions of hackers underline the need to be more proactive with cybersecurity. The Kimsuky cybercrime group has been using advanced malware, known as RandomQuery, to gather intelligence and extract sensitive information. This serves as a stern reminder of the increasing threat of ransomware attacks in 2023.
June 12, 2023 2 min -
CybersecurityCybercriminals Are Deploying Powerful AI-Powered Tools To Hack You – Are You Prepared For What’s Coming?
An Arizona family was recently in the news warning others about how they were the target of a ransom call in which scammers used AI (artificial intelligence) to clone their daughter’s voice to convince the parents they had kidnapped their daughter, with the apparent goal of extorting money.
June 8, 2023 4 min -
Industry Insights10 Common Tech Problems In The Greater Toronto Area And Simcoe County Professional Services Firms And Construction Companies Are Eliminating From Their Business Forever
They say, “You get what you tolerate” and now more than ever, we’ve been conditioned to tolerate worse service at higher prices. Companies get a ‘free pass’ simply by saying phrases like “the labor shortage,” “because COVID,” or “inflation.”
May 12, 2023 3 min -
CybersecurityRansomware Attacks on the Rise: Why Businesses Are Paying the Ransom
A small retail business was hit by a ransomware attack. Cybercriminals encrypted their critical data and demanded a ransom of $50,000 for decryption. Despite having a backup system, the company decided to pay the ransom due to the lack of knowledge about the time required for restoration and the cybercriminals' promise of faster decryption.
May 9, 2023 3 min -
CybersecurityThe Growing Trend of Telegram as a Marketplace for Phishing Tools and Services
Cybercrime is becoming increasingly common as businesses continue to rely on technology to conduct their operations. Cybercriminals are constantly looking for new ways to exploit businesses and individuals. One of the methods gaining popularity is using Telegram, a popular messaging app that offers end-to-end encryption. Telegram has become a hub for selling phishing tools and services due to its secure and anonymous nature. The number of Telegram channels selling these tools and services has increased in recent years. Cybercriminals are using Telegram to sell a variety of phishing tools and...
May 3, 2023 3 min -
Managed ITBusiness Continuity Planning: How to Prepare Your IT Systems for Disasters
As a business owner, you know that unexpected events can happen anytime.
April 26, 2023 3 min -
Business OperationsThe Biggest Risk Is Not The One You Don’t Take, But The One You Don’t See
“The biggest risk is the one you don’t take” is a mantra you’ll hear motivational speakers deliver in their presentations to make the argument that you should throw all caution to the wind and go for it (whatever “it” is).
April 26, 2023 4 min -
CybersecurityThe Critical Importance of Virtualized Infrastructure Security (And 4 Ways to Enhance It)
A torn-down virtual infrastructure creates risks for any business. And it can have a significant impact on how quickly you can retrieve your data and resume operations following an attack.
April 19, 2023 6 min -
CybersecurityIt’s Time to Bust These 4 Ransomware Myths
In today’s digital age, ransomware attacks are becoming increasingly frequent, sophisticated and costly. With cybercriminals constantly evolving their tactics and targeting businesses of all sizes, organizations like yours must proactively safeguard your data and systems. Unfortunately, many companies fall prey to common ransomware myths, which can leave them vulnerable to attacks and unprepared to respond effectively in the event of an incident.
April 12, 2023 3 min -
Cybersecurity5 Seemingly Innocent Download Habits Your Employees Must STOP Now To Avoid A Ransomware Attack
Once upon a time, you could install antivirus software and go about your merry way online and in your inbox, opening, clicking and downloading files without a care.
April 5, 2023 3 min -
CybersecurityThe Best Defense Against Ransomware
Ransomware is a type of malicious software that encrypts files on a device or network, making them unusable until the victim pays the attacker a ransom. What started as a simple virus spread through floppy discs in the late 1980s has now evolved into a billion-dollar cybercrime industry.
March 28, 2023 4 min -
CybersecurityReduce the Risk of Business Email Compromise Attacks
Email threats have been around since the early 90s. But phishing techniques are much more sophisticated now than they were back then. One of the most successful and lucrative tactics is business email compromise (BEC). BEC scams have stolen over $43 billion from businesses worldwide between July 2019 and December 2021. Threat actors are making more money from it than ransomware.
March 23, 2023 3 min -
CybersecurityHatch Bank Falls Victim to Data Breach
Hatch Bank confirmed a data breach that compromised its customers' personal data. The financial technology firm said hackers found a vulnerability in its internal file-transfer software. This allowed the hackers to access and steal around 140,000 customer names and social security numbers from Jan. 30-31, 2023.
March 21, 2023 2 min -
CybersecurityUS Government: Royal Ransomware Targets Critical Infrastructure
The United States government is alerting organizations about the Royal ransomware operation. The Federal Bureau of Investigation (FBI) and the Cybersecurity & Infrastructure Security Agency (CISA) said in a joint advisory that the Royal ransomware gang poses an increasing threat to critical infrastructure of numerous sectors in the U.S.
March 18, 2023 3 min -
CybersecurityTypes Of Hackers To Watch Out For And What You Can Do To Protect Your Biz
Your data is pivotal to running a successful company. If you don’t have proper security measures in place, hackers can easily steal your data and take you out of business.
March 14, 2023 6 min -
CybersecurityDish Network Cyberattack
Dish Network confirmed that the network outage it is currently experiencing is due to a cybersecurity breach. This outage also affected its internal communications systems.
March 13, 2023 2 min -
CybersecurityRansomware Attack on Dole
Ransomware is a threat businesses cannot afford to ignore. Such a cyberattack often blocks user access to systems until the perpetrator receives ransom. A recent cautionary tale is a ransomware attack on Dole Food Company.
March 11, 2023 2 min -
CybersecurityCloudflare Successfully Detects and Mitigates Largest DDoS Attack Recorded
During the weekend of Feb. 11-12, 2023, content delivery network provider Cloudflare detected and mitigated an unusually high number of hyper-volumetric DDoS attacks. It did not disclose the targets but mentioned some of the attacked websites. These included a gaming provider, hosting providers, cloud computing platforms, and cryptocurrency companies.
March 2, 2023 2 min
