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The Role of Real-time Information for Corporate Security Practitioners | #corporatesecurity | #businesssecurity | #

In this webinar, you’ll hear from Senior Intelligence Analyst Claire Prestwood, who will talk about the role that real-time alerts play in the business decisions that Cargill makes in her […] View full post on National Cyber Security

Enjoy greater savings with the new Corporate Rebate Scheme rolled out by FairPrice for Business, Business News & Top Stories | #corporatesecurity | #businesssecurity | #

It has been a long wait to get the wheels of the economy rolling again, but the good news is that more businesses are getting ready to open now that Singapore has eased into Phase 2 of the post-circuit breaker measures.

This means that now is as good a time as any to consider how to keep your pantry and office well stocked with minimal hassle.

It will also mean a lot to your staff when you welcome them back with a care package consisting of healthy snacks and self-care items such as cereal bars and masks.

Start the ball rolling with FairPrice for Business’s new Corporate Rebate Scheme, which offers rebates for monthly online orders.

Spend more, save more

If you are new to the service, get started in just three steps: register for a Business User account, build your cart and choose a delivery slot, select a payment method — and you’re done!

Simple and fuss-free, the Corporate Rebate Scheme works by offering a $20 promo code when you spend between $500 and $1,000 (including GST) in a month.

The code will be sent to you in the month following your purchase and has a one month validity. Each business account is entitled to one such rebate per month only.

The higher the amount spent, the better the rebate. The value of the promo code is $50 if you spend $1,000 or more monthly. 

Great service

Attractive rebates and cost savings aside, FairPrice for Business offers a seamless and convenient process so your day-to-day operations can run smoothly.

In fact, one of the largest cyber security companies in Asia with more than 300 employees can attest to its top-notch service.

Cyber security businesses often require their staff to put in long and unpredictable hours and deal with shift work. This is why the company makes it a point to ensure its pantry is never without convenient food items such as cup noodles and made-to-order food packs.

Since switching to FairPrice for Business as its solutions provider early last year, the company has been able to expand its variety of food and beverage options, including a healthier range of snacks.

It orders snacks, packet drinks, cup noodles and instant beverages every month for its staff. It also finds that the non-food items — especially cleaning supplies — offered by FairPrice for Business come in handy.

Says its human resources representative: “FairPrice for Business has been a trustworthy supplier with good price points, easy payment terms, and fast and efficient deliveries. We like that its website has improved significantly since its last update too.”

Besides being satisfied with the corporate discounts and quick delivery, the company is also impressed with the efficient support staff at FairPrice for Business.

“Kudos to business development manager Willie Tan who has been very friendly, helpful, and quick to respond to our questions and needs. We don’t need to be directed to different departments to get various things sorted out anymore because he understands our needs and takes the initiative to settle everything for us. It’s also convenient to communicate with just one person to get things done,” adds the representative.

Under one roof 

FairPrice for Business is more than a convenient online platform for businesses to place corporate orders on a variety of food and beverages, including fresh and preserved fruits for the office pantry and events.

It also offers other essentials such as cleaning detergents, disposable utensils and tissue packs, basic first aid items, and office stationery.

A wide assortment of healthcare items that are essential to the current health climate such as masks, hand sanitisers, anti-bacterial wipes and health supplements like vitamins, are available too.

Bulk orders from businesses or individuals are serviced by a dedicated business care team proficient in assisting with every specific request and budget. This gives users extra assurance. 

The team also possesses in-depth knowledge about the budgetary constraints of social service agencies, so companies can be assured to receive assistance on choosing suitable products within their budgets for the CSR (Corporate Social Responsibility) event. 

Visit FairPrice for Business for more information or e-mail for quotations and enquiries.

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#comptia | #ransomware | Indian corporate sector sees rising ransomware attacks

Source: National Cyber Security – Produced By Gregory Evans

As per Kaspersky, three groups of ransomware are most active in India.


New Delhi: Ransomware attacks have increased manifold during the last year and according to global cyber security group Kaspersky’s data, ransomware attacks across the globe has seen an increase of 60% in 2019 compared to 2018.

Municipalities have been the biggest targets for ransomware attacks in 2019, and Kaspersky data reveals that around 174 municipal institutions along with 3,000 of its subset organisations have been targeted by ransomware in 2019.

The ransomware demands from the attacked institutions or corporates range from $5,300,000 and $1,032,460 on average and researchers say that these figures do not accurately represent the final costs of an attack, as the long-term consequences are far more devastating.

One of the major ransomware attacks which was faced in 2019 was in Baltimore in the United States where officials encountered a ransomware called RobbinHood that encrypted a number of municipal computers, and completely paralysed some city services. The malware had disabled about 10,000 devices and extortionists demanded 13 bitcoins which cost about $114,000 to decrypt the computers.

India has not been far behind and during 2019, the Indian corporate sector faced a number of ransomware attacks. According to Kaspersky’s research group, three groups of ransomware—Ryuk, Purga and Stop—have been the most active and notorious ransomware active in India.

Among these three ransomware active in India, the Stop ransomware had caused about 10.10% of the total ransomware attacks in India, followed by Ryuk which was responsible for about 5.84% attacks and Purga was responsible for 0.80% ransomware attacks.

The mechanism behind how these ransomware operate is quite simple—they turn the files on victims’ computers into encrypted data and demand a ransom for the decryption keys. These keys are created by threat actors to decipher the files and transform them back into the original data. Without a key, it is impossible to operate the infected device. The malware may be distributed by the creators of the threat, sold to other actors or to the creators’ partner networks, “outsourced” distributors that share the profit from successful ransomware attacks with the technology holders.

However, according to Kaspersky researchers to avoid malware infestation and ransomware attacks It is essential to install all security updates as soon as they appear.

Most cyber attacks are possible by exploiting vulnerabilities that have already been reported and addressed, so installing the latest security updates lowers the chances of an attack. They also advice to protect remote access to corporate networks by VPN and use secure passwords for domain accounts and to have fresh back-up copies of all files so that one can replace them in case they are lost.

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Corporate Cyber Espionage’s Channel …

Source: National Cyber Security – Produced By Gregory Evans Proactive defense and automation can help your company deal with scale and prioritize risks in order to more efficiently fight cyber espionage. The number of corporate espionage attacks is increasing. From advanced persistent threat attacks siphoning off proprietary research and intellectual property to fake social media […] View full post on

Cyber #hacks driving ‘bug bounty’ #jobs and #programs in #corporate #America

Source: National Cyber Security News

If you have the skills to stop a cyber hacker in their tracks, you may soon be getting calls from recruiters trying to fill a new crop of jobs throughout corporate America.

Criminal data breaches are predicted to cost businesses a total of $8 trillion over the next four years, outstripping worldwide IT security spending, which is expected to be upwards of $120 billion by 2021, according to Gartner. Meanwhile, there is a shortage of talent, and an anticipated 1.8 million cybersecurity jobs will be unfilled by 2022, with millennials likely playing a big role as cited in a report from the Center for Cyber Education and Safety. These jobs will be in demand as the the number of reported cybersecurity incidents (which doubled between 2016 and 2017) continues to rise. Even with expert cybersecurity firms on retainer to improve overall cyber resilience, companies are struggling to stay ahead in the battle against malicious hackers.

To help close the gap, more businesses are turning to another kind of hacker: the ‘white hats’. Through carefully implemented bug bounty programs, organizations can crowdsource the expertise of security researchers to help identify vulnerabilities in exchange for money and recognition, and fix vulnerabilities before they can be exploited.

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Helping #insureds reach #corporate levels of #cyber security’ at #home

Source: National Cyber Security News

Cyber security has become a top of mind issue for commercial organizations across the world. Most big corporations have strong disciplines and risk management procedures in place to ensure cyber resilience is tight. Unfortunately, the same cannot be said for a typical home network.

Poor cyber hygiene at home is the gateway that enables cyber criminals to get personal. An open home Wi-Fi connection versus a password protected system could make all the difference if a bad actor attempts to hack a personal bank account or bitcoin wallet.

High net worth (HNW) individuals with deep pockets are particularly at risk of personal cyberattacks. Member-owned PURE Insurance, which serves HNW clients, has developed an innovative cyber fraud offering to protect PURE members from falling prey to cybercrime.

PURE Starling, available as an add-on to homeowners’ insurance, provides broad coverage for fraud and cybercrime, including financial loss resulting from online and offline fraud, and services to help assess and respond to cyber extortion threats, remove malware and reinstall software after an attack.

“The issue of cyber insurance was born out of feedback from our PURE members, who were starting to express concerns about data security and the privacy of their personal information,” explained Martin Hartley, chief operating officer, PURE.

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A #corporate culture of #cyber security #awareness: a #dream, or #reality?

Source: National Cyber Security News

In the last few years, cyber security has gone from an issue that’s important to only a small percentage of tech-oriented businesses, to a core priority for organisations of all shapes and sizes across the world.

As such, it’s now common for every business to have cyber security policies in place, and to spend considerable amounts of money making sure they have the software and systems necessary to protect against attacks from cyber criminals. With the Europe-wide General Data Protection Regulation (GDPR) coming into effect, this issue is gaining more prominence than ever before, and the inexorable digitisation of key business processes means this is a trend that’s unlikely to ever be reversed.

However, there’s more to cyber security than simply spending money on the right antivirus programs. To protect your company from the full range of threats out there, you need to be sure that your entire corporate culture is dedicated to the principle and taking the necessary action to prevent threats from developing. This should be the goal for any organisation – particularly given that many firms are not quite living up to this vision just yet.

Why is a cyber security-focused corporate culture so important?

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Corporate America still using Equifax-like software even after hack

Source: National Cyber Security – Produced By Gregory Evans

There are 50,000 potential Equifaxes looming on the horizon. Corporate America has been slow to update its open-source software, even in the wake of the Equifax hack that exposed 143 million people’s sensitive data, according to one of the central hubs for the free programs. More than 50,000 organizations are…

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Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America

Source: National Cyber Security – Produced By Gregory Evans

Grocery Industry’s Cybersecurity Challenges: Harbinger Of Threats To Corporate America

Button up your overcoat; it’s about to rain cyberthreats   Few businesspeople have as much on the line every moment of every day as grocers. When disquieting events happen at a grocery store, customers can be more than just inconvenienced. In extreme circumstances, grocery products can be the cause of…

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Security Startup Grabs $22M To Safeguard Corporate Email

email_envelopeThe Business Email Compromise is now a top concern for the enterprise and security providers alike, especially since regulators have released warnings against the crime. One startup wants to safeguard corporate email and has just received new venture capital to move forward with its efforts. Agari announced on Tuesday (May 24) that it completed a […] View full post on | Can You Be Hacked?