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UMB Financial : How businesses can make themselves a harder target for cyber scammers

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The pandemic has pushed more and more people to be online and as a result, we re seeing a spike in cyber fraud and social engineering. From a business perspective, this is changing how businesses receive and make their payments, a process that is critical to success, especially during these uncertain pandemic times. Below are some tips business owners can utilize to keep scammers away.
In today s world it s not a matter of if an individual or business will cross paths with a fraudster, but when, so making yourself a harder target to scammers is key. It s important to understand the potential threats and do your part to stay informed. ....

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Atlanta acquires Marmalade; Aviva in SME cyber push; Greenlight seals 13th insurtech deal; and Zurich launches flood pilot

Insurance Post
Insurance Post staff
Deal value: Undisclosed
Atlanta Group has acquired Marmalade a specialist telematics broker that specialises in policies for drivers aged under 34
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Molson Coors Cyberattack, Storms Could Cost Company $140 Million

By Mike Lennon on April 01, 2021
Cyber Incident and Texas Storms Will Delay Between 1.8 and 2.0 Million Hectoliters of Beer Production and Shipments
Brewing giant Molson Coors said that a disruptive cyberattack, combined with winter storms in Texas, could cost the company upwards of $140 million in short-term EBITDA.
The maker of popular beer brands in the U.S., including Coors Light, Miller Lite, Molson Canadian, Blue Moon, Carling, Coors Banquet, and others, revealed on March 11 that a cyberattack severely disrupted several parts of its business, including brewery operations, production, and shipments.
While the beverage giant says that substantial progress has been made in restoring impacted systems, production and shipping has yet to reach normal operating levels. ....

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Experts highlight danger of cyber threats at Milipol Qatar seminars

Experts highlight danger of cyber threats at Milipol Qatar seminars
17 Mar 2021 - 9:07
Dr. Mohamed Al Dorani, CEO of Fortress Security Consultancy, delivering a lecture on Day 2 of Milipol Qatar 2021.
The Peninsula
Doha: The Milipol Qatar 2021 yesterday hosted seminars on ‘Cyber Security and Cyber Threats’ and highlighted the importance of providing top and adequate security and safety infrastructure.
Dr. Mohamed Al Dorani, CEO of Fortress Security Consultancy, said that infrastructure is essential and powerful for achieving high protection against cyber intrusions, noting that 100% protection cannot be guaranteed in this area. He said imbalances or attacks affecting digital infrastructure would cause damage in various areas and called for their protection to avoid penetration. He emphasised that the new wars were cyber. ....

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Putin likely directed 2020 U.S. election meddling, U.S. report finds

6 Min Read
WASHINGTON (Reuters) -Russian President Vladimir Putin likely directed efforts to try to swing the 2020 U.S. presidential election to Donald Trump, according to an American intelligence report released on Tuesday that sources said would likely trigger U.S. sanctions on Moscow.
The 15-page report, released by the Office of the Director of National Intelligence, added heft to longstanding allegations that some of Trump’s top lieutenants were playing into Moscow’s hands by amplifying claims made against then-candidate Joe Biden by Russian-linked Ukrainian figures in the run-up to the Nov. 3 election. It also added new findings that Putin either oversaw or at least approved of the election meddling to benefit Trump. ....

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