1
00:00:03,180 --> 00:00:10,290
Social engineering attacks, those social interactions to gain access to valuable data at the root of

2
00:00:10,290 --> 00:00:13,100
all social engineering attacks is deception.

3
00:00:13,710 --> 00:00:20,490
Cyber criminals trick and manipulate their targets into taking certain actions, such as bypassing security

4
00:00:20,490 --> 00:00:23,450
measures or disclosing certain sensitive information.

5
00:00:35,110 --> 00:00:42,190
Many retailers use third parties for services such as payment processing, as such, they often believe

6
00:00:42,190 --> 00:00:46,060
the ability for a third party breach doesn't apply to them.

7
00:00:46,420 --> 00:00:53,640
In reality, using a third party vendor doesn't absolve them of responsibility for a data breach.

8
00:01:06,960 --> 00:01:13,500
Many attacks start with outdated software, for this reason, not staying up to date with software patches

9
00:01:13,650 --> 00:01:18,210
leaves companies vulnerable to any number of information security breaches.

10
00:01:18,540 --> 00:01:24,990
As soon as attackers learn of a software vulnerability, they can exploit it to launch a cyber attack.

11
00:01:36,870 --> 00:01:41,970
The more we rely on the cloud for data storage, the higher the risk of major breach.

12
00:01:42,390 --> 00:01:46,470
Cloud services are vulnerable to a wide range of cyber attacks.

13
00:01:46,860 --> 00:01:53,700
This includes account hijacking and denial of service attacks, which prevent companies from being able

14
00:01:53,700 --> 00:01:54,600
to access their data.

15
00:02:14,660 --> 00:02:21,410
Ransomware attacks are serious cyber theft, these attacks infect your network and hold your data and

16
00:02:21,410 --> 00:02:28,400
computer systems hostage until a ransom is paid, the immediate loses from the ransom are only the tip

17
00:02:28,400 --> 00:02:29,260
of the iceberg.

18
00:02:29,600 --> 00:02:35,900
The monetary damages from lost productivity and data are often the most destructive to business.

19
00:02:36,170 --> 00:02:42,500
Attacks like this are why 60 percent of small businesses go out of business with six months of cyber

20
00:02:42,500 --> 00:02:42,890
breach.

21
00:02:59,090 --> 00:03:04,680
Simply meeting the compliance standard is not the same as continuous and robust protection.

22
00:03:05,180 --> 00:03:13,040
For example, many companies need to meet payment card industry, data security standard PCI, DSD for

23
00:03:13,040 --> 00:03:14,220
their annual audit.

24
00:03:14,480 --> 00:03:19,760
However, this is not necessarily representative of their usual standard of protection.

25
00:03:20,000 --> 00:03:27,470
According to Verizon's PCI compliance report, four out of five companies fail to maintain compliance

26
00:03:27,590 --> 00:03:29,180
at their internal assessment.

27
00:03:29,540 --> 00:03:33,590
These were the same companies that previously meet compliance standards.

28
00:03:33,920 --> 00:03:41,330
Companies that were deemed as compliant still suffered from cyber security breaches some just weeks

29
00:03:41,330 --> 00:03:42,980
after they were certified.

30
00:03:43,400 --> 00:03:50,440
As these companies have learned, meeting adequate legal standard is not a substitute for cyber protection.

31
00:04:01,350 --> 00:04:08,160
Mobile technology can be a significant assist to businesses, but it can also expose them to potential

32
00:04:08,160 --> 00:04:09,420
cyber security breaches.

33
00:04:09,840 --> 00:04:17,310
Findings from a recent mobile security report conclude that one in five organizations suffer from mobile

34
00:04:17,310 --> 00:04:18,270
security breaches.

35
00:04:18,510 --> 00:04:23,340
The majority of these attacks came from a malware and militias wi fi.

36
00:04:36,950 --> 00:04:43,400
Many companies are encouraging employees to use personal devices at work as part of their bring your

37
00:04:43,400 --> 00:04:46,530
own device or policies.

38
00:04:46,760 --> 00:04:51,460
This has several benefits, including increased flexibility and convenience.

39
00:04:52,040 --> 00:04:55,010
Some even claim it helps to increase productivity and more.

40
00:05:04,590 --> 00:05:10,510
The Internet of Things or Iot, connects devices from all over the world through the Internet.

41
00:05:10,770 --> 00:05:17,270
This allows for a network of devices that can store, send and receive data because of its convenience.

42
00:05:17,730 --> 00:05:21,880
Many individuals and businesses are taking advantage of it.

43
00:05:37,530 --> 00:05:43,710
Not all threats to cyber security come from a software, the base at which software updates are released

44
00:05:43,710 --> 00:05:46,440
can make it difficult for the hardware to keep up.

45
00:05:46,860 --> 00:05:53,640
This, in turn, create exposures that can put companies data at risk as hardware becomes obsolete.

46
00:05:53,850 --> 00:05:59,760
Many outdated devices will not allow updates with the latest patches and security measures.

47
00:06:00,180 --> 00:06:08,130
Devices that rely on all the software are more susceptible to cyber attacks, creating a major potential

48
00:06:08,130 --> 00:06:08,820
vulnerability.

49
00:06:09,150 --> 00:06:14,550
It is important to monitor this and respond quickly when devices become out of date.

50
00:06:15,030 --> 00:06:17,760
Just like you should keep your software up to date.

51
00:06:17,970 --> 00:06:19,880
You should do the same with hardware.