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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CybersecurityHow $43,000 Disappeared Instantly: A Small Business’s Cybersecurity Nightmare
In this devastating situation, we witness the rapid devastation that cybercriminals can inflict on unsuspecting businesses. Imagine a typical Friday night with his friends and family—a weary business owner glances at their phone and discovers an alarming bank alert: $43,000 has been paid to an unfamiliar company. The money vanishes without a trace, leaving the owner helpless. Despite absorbing the loss- this alarming circumstance is something that will surely haunt him... forever.
March 5, 2024 5 min -
CybersecurityMisconception 4: “Darryl – I hear of ransomware and cyberattacks on the news everyday, nothing is 100% guaranteed, there is no point to even bother!”
Hi Small Business Owners, welcome to this edition of "Lies they Believe", and "The Truths, I Know"
February 26, 2024 1 min -
CybersecurityMisconception No.3 "I have Cyber Insurance so if anything happens I’m protected"
In this video we will uncover a common cybersecurity misconception I hear when I speak to Small Business Owners.
February 15, 2024 2 min -
CybersecurityEnhanced Security Measures Safeguarding Your Mobile Device in 2024
Gone are the days when phones served merely as tools for making calls. Presently, our phones have evolved into sophisticated, portable supercomputers capable of handling tasks ranging from paying bills and ordering lunch for delivery to video editing and beyond.
February 10, 2024 4 min -
CybersecurityMisconception 2: “Cybersecurity insurance is too expensive, and we don’t need it.”
Hi Small Business Owners, welcome to this edition of "Lies they Believe", and "The Truths, I Know"
February 9, 2024 2 min -
CybersecurityMisconception 2: “Cybersecurity insurance is too expensive, and we don’t need it.”
Hi Small Business Owners, welcome to this edition of "Lies they Believe", and "The Truths, I Know"
February 9, 2024 2 min -
CybersecurityMisconception #1: “Cybersecurity services are too expensive, we don’t have the budget.”
Hello Small Business Owners! We are thrilled to announce the first episode of “Lies they Believe” and “The Truths, I Know”!
January 30, 2024 1 min -
CybersecurityMisconception #1: “Cybersecurity services are too expensive, we don’t have the budget.”
Hello Small Business Owners! We are thrilled to announce the first episode of “Lies they Believe” and “The Truths, I Know”!
January 30, 2024 1 min -
CybersecurityUnveiling Truths: Debunking 5 Common Cybersecurity Myths To Get Ready For The New Year
In today's interconnected digital sphere, cybersecurity stands as a paramount concern for individuals and organizations. Yet, amidst the evolving digital landscape, misconceptions about cybersecurity persist, potentially leaving us unaware of existing threats. This article aims to debunk five prevalent myths surrounding cybersecurity, offering insights to keep you informed and safeguarded as we step into 2024.
December 20, 2023 2 min -
CybersecurityWhen Your Facebook Or Other Online Account Gets Hacked, Who’s Responsible For The Losses?
A recent incident involving the CEO of a highly successful marketing firm left their Facebook account compromised, leading to an unauthorized $250,000 advertisement spree for an online gambling site. Astonishingly, neither Facebook, the bank, nor the credit card company accepted responsibility for replacing the funds lost in this cybercrime. With no specific cyber fraud insurance, the firm bore the full brunt of the financial losses, surpassing a staggering half a million dollars. Additionally, the painstakingly built Facebook audience was lost, necessitating a restart.
November 29, 2023 2 min -
CybersecurityNew And Urgent Bank Account Fraud Alert
The notorious Xenomorph Android malware, previously notorious for targeting 56 European banks in 2022, has resurfaced and is now aiming at US banks, financial institutions, and cryptocurrency wallets. According to ThreatFabric, a cybersecurity and fraud detection company, this malware is among the most advanced and perilous Android variants they've encountered.
November 28, 2023 2 min -
CybersecurityScammers Are Using These 10 Popular Brands To Trick You Into Revealing Your Private Data
Cybercriminals know the easiest way to sneak under your radar is to pretend to be a brand you know and trust. These large companies have spent years on marketing, customer service, branding and consistency to build a trustworthy reputation, and hackers leverage this to go after you.
September 19, 2023 4 min -
CybersecurityCollege-Age Kids Are A Prime Target For Cybercriminals – Make Sure Your Students Are Safe At School
College has changed since many of us were students. Years ago, we’d be shuffling from class to class, holding a single notebook and a pencil for scribbling down notes. There wasn’t as big a risk of photos or data being stolen online.
September 14, 2023 4 min -
CybersecurityLearn How To Identify and Combat Zero-Day Exploits To Protect Your Business
With cyber-attacks on the rise, protecting your business from security breaches is crucial. One of the most dangerous threats to your company is a zero-day exploit. For maximum protection, you must understand the complexities of this cyber-attack and take steps to prevent it.
August 29, 2023 3 min -
CybersecurityData Loss Disasters Come in Many Forms
Data loss disasters come in many forms, ranging from full-scale natural calamities to cyberattacks and even simple human errors. Disasters can bring businesses to a grinding halt. Apart from financial and reputational damage, failing to protect valuable data can also result in expensive lawsuits.
August 12, 2023 3 min -
CybersecurityWarning: The Hole In Your Cyber-Insurance Policy That Could Result In Your Claim Being Denied Coverage
You’ve all heard the stats – small businesses are the #1 target for cybercriminals because they’re easy targets, with a recent article in Security Magazine reporting that nearly two-thirds (63%) of small businesses have experienced a cyber-attack and 58% an actual breach. But what many still don’t understand (or simply don’t appreciate) is how much a cyber-attack can cost you.
August 9, 2023 4 min -
CybersecurityCybercriminals Pose As Facebook And Instagram Support: How To Protect Your Private Information From Being Stolen On Social Media
Another day, another scam! A new wave of social media scams has emerged, targeting unsuspecting Facebook and Instagram users. Whether you use your page for personal or business use, this new con could affect you. In this article, you'll discover what this scam is, how to detect if hackers are targeting you, and how to avoid falling for it and potentially leaking your private information.
June 22, 2023 4 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 -
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 -
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
