A brute force attack is a simple yet powerful technique hackers use to gain unauthorised access to systems. It involves systematically trying every feasible combination of alpha-numeric characters (such as passwords, PINs, or encryption keys) until the correct one is found. In contrast, this might seem like a time-consuming process, advancements in computing power have made it increasingly feasible for attackers to carry out these attacks rapidly.
The financial services industry, a cornerstone of modern economies, is a prime target for cybercriminals. The allure of vast sums of money, sensitive personal data, and the intricate web of interconnected systems makes it a lucrative hunting ground. This blog delves into the five most significant cyber threats facing financial institutions, providing insights into their modus operandi, potential impact, and strategies for mitigation.
The Siri bug, a security loophole, allowed malicious actors to bypass device security measures and access sensitive information stored on locked iPhones, iPads, and other Apple devices. This was achieved through voice commands directed at Siri, circumventing the need for a passcode or biometric authentication.
Social engineering, a form of cybercrime that manipulates people into divulging confidential information or performing actions that compromise security, is a growing concern. Business coaches, due to their role as trusted advisors, are particularly vulnerable. This blog post will delve into the intricacies of social engineering, exploring how it targets business coaches, and providing actionable strategies for mitigation.