Tag Archives: Phishing

New FTC Website Helps Small Businesses Avoid Scams and Cyber Attacks

Attacks can be especially devastating to small businesses; FTC provides information on how businesses can protect themselvesftc

At the direction of Acting Chairman Maureen Ohlhausen, the Federal Trade Commission (FTC) has launched a new website – ftc.gov/SmallBusiness – with articles, videos, and other information aimed at helping small business owners avoid scams and protect their computers and networks from cyberattacks and other threats.

“Small businesses are critical to our economic strength, building America’s future, and helping the United States compete in today’s global marketplace,” Acting Chairman Ohlhausen said. “This innovative new website is a one-stop shop where small businesses can find information to protect themselves from scammers and hackers, as well as resources they can use if they are hit with a cyberattack.”

According to the U.S. Small Business Administration (SBA), there are more than 28 million small businesses nationwide, employing nearly 57 million people. Scammers frequently target small businesses with deceptive tactics designed to get them to pay for supplies they didn’t order, donate to fake charities or trick them into giving access to their network or downloading malware that can corrupt their business’s computers.

Cyberattacks can be particularly devastating to small businesses, and many of them lack the resources that larger companies have to devote to cybersecurity. Symantec Corp.’s 2016 Internet Security Threat Report indicates the percentage of spear-phishing attacks targeting small business rose dramatically from 18 percent to 43 percent between 2011 and 2015.

The FTC’s new web page offers specific information to help small businesses protect their networks and their customer data. This includes a new Small Business Computer Security Basics guide, which shares computer security basics to help companies protect their files and devices, train employees to think twice before sharing the business’s account information, and keep their wireless network protected, as well as how to respond to a data breach. It also has information on other cyber threats such as ransomware and phishing schemes targeting small businesses. The FTC is continuing to work with the SBA on additional ways to help small businesses.

If you or your business have questions or concerns regarding fraud, computer law, privacy, or cybersecurity law matters, including assistance with policies, prevention or recovery from a ransomware attack and cybersecurity insurance or insurance claims, contact attorney Jeffrey A. Franklin at Prince Law Offices.

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New Locky Ransomware Phishing Attack: Credit Card Suspended And Suspicious Money Movements

Ransomware is an increasing plague.  We have seen that it can disproportionately impact individuals and small businesses which may be least prepared to protect themselves or respond to ransomware computer attacks.  Yesterday, Graham Cluley described the latest spam email flood trying to hold your computer files ransom for your hard-earned money.
locky

Please be extremely cautious of unsolicited emails, especially with ZIP type attachments.  It’s one of the favorite methods used by cyber-criminals to trick unsuspecting computer users into opening dangerous attachments or clicking on a link to a malicious webpage.

In the last few days there have been a spate of spam attacks duping unwary internet users into clicking on an attachment that will lead to their Windows PC being infected with the notorious Locky ransomware.

For instance, you might have seen messages like the following appearing in your inbox, claiming that there have been “suspicious movements” of funds out of your bank account.

suspicious-movement-email

Attached to the email is a ZIP file containing a malicious .JS (Javascript) file, that if opened downloads a version of the Locky ransomware from a remote server from one of several different URLs, saved in a temporary folder under the name “GyFsMGsLUNA.dll”.

The malware is executed without any requirement for further user interaction. No further clicking is needed.  Some antivirus products detect the malicious Javascript as Trojan.JS.Downloader.GXW.

Similar attacks have been spammed out claiming that your credit card has temporarily been suspended.

account-suspended

Alternatively, you might have received emails posing as notifications that you have a parcel waiting for you at your local mail office.

parcel-email

This final example also leads to the Locky ransomware.

In all cases, the criminals can (and frequently do) change the names and contact details used in the emails meaning that you cannot always rely on them looking the same.  In these examples, the file attachments were all ZIP file attachments.  Criminals frequently use ZIP file attachments to hide the true purpose of the attachment.

Tips to avoid these problems include keeping your operating system up to date, keeping up-to-date security software on your computers and email servers, creating regular off-line backups, and conducting user awareness training to teach employees to be wary of dangerous file types and unsolicited emails.

We know that criminals are making money from online extortion – and ransomware is one of their favorite methods.

If you or your business have questions or concerns regarding fraud, computer law, privacy, or cybersecurity law matters, including assistance with prevention or recovery from a ransomware attack and cybersecurity insurance or insurance claims, contact attorney Jeffrey A. Franklin at Prince Law Offices.

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