Unmasking the Hack-to-Trade Scheme: A Cautionary Tale for Executives
In a shocking revelation, federal prosecutors have charged UK national Robert B. Westbrook with orchestrating a sophisticated “hack-to-trade” scheme that netted him millions of dollars. By exploiting vulnerabilities in Office365, Westbrook allegedly gained unauthorized access to the email accounts of executives at five publicly traded US companies, obtaining sensitive financial ... Read More
Malvertising and Google Ads: Protecting High Net-Worth Individuals and Executives
Do you use Google’s Search functionality to find products or services to solve a problem you have? I’m guessing that the majority of people reading this article do this regularly or have at least used it once. In fact, Google reports handling 8.5B queries a day. That’s 2T (trillion!) searches ... Read More
Ransomware Payments Surge to Record Highs in 2024: A Call for Vigilance
In the first half of 2024, ransomware victims have paid an astonishing $459.8 million to cybercriminals, setting the stage for a potentially record-breaking year. This alarming trend highlights the growing threat of ransomware and the urgent need for robust cybersecurity measures. According to the latest Chainalysis report, ransomware gangs are ... Read More
Protecting Your Digital Footprint at the Paris Olympics: Essential Cybersecurity Tips
As the excitement for the Paris Olympics builds, it’s crucial to remember that large international events like these can also be a hotbed for cyber threats. Whether you’re attending the games for business or pleasure, the digital risks are real. Here’s a comprehensive guide to ensuring your personal cybersecurity is ... Read More
Navigating the Christie’s Data Breach: A Guide for Customers
Data breaches have become an unfortunate reality, even as cybersecurity solutions become more sophisticated. The cybersecurity incident at Christie’s Auction House in May 2024 is a stark reminder of this fact. As a leading provider of personal cybersecurity solutions, we at BlackCloak feel it’s important to help you understand what ... Read More
The Urgent Need for Digital Executive Protection: A CEO’s Perspective
The role of the CEO and the entire C-suite extends far beyond the traditional boardroom. Executives are constantly connected, managing critical business operations, and making decisions that shape the future of our companies. As we navigate cyber hostilities, we must confront a pressing issue: the urgent need for Digital Executive ... Read More
IoT Vulnerabilities and BotNet Infections: A Risk for Executives
The Internet of Things (IoT) has become a cornerstone of business innovation and efficiency. However, the rapid proliferation of IoT devices also introduces significant cybersecurity risks, particularly in the form of IoT vulnerabilities and botnet infections. These risks pose a direct threat to executives, who often use these technologies both ... Read More
Protect Yourself Against SIM Swapping
Our digital identities are increasingly becoming targets for cybercriminals, and SIM swapping has emerged as a sophisticated threat to personal and financial security. This form of attack, which involves the unauthorized transfer of a victim’s phone number to a SIM card controlled by the attacker, can lead to account takeovers, ... Read More
How Malware Facilitates Online Financial Fraud and Threatens Corporate Security
Malware stands as a formidable tool in the arsenal of cybercriminals, facilitating online financial fraud with alarming efficiency and sophistication. This malicious software, designed to damage or disable computers, now targets the very heart of our financial security and, by extension, poses a significant threat to corporate environments. Let’s delve ... Read More
BlackCloak Identifies Rising Cyber Threats Against Crypto-Invested Venture Capital and Private Equity Firm
The BlackCloak Threat Intelligence Team is currently observing and pinpointing new strategies deployed by cybercriminals targeting venture capital and private equity firms with investments in cryptocurrency. These malicious actors are not just focusing on the firms themselves but are extending their reach to individuals, their partners, and individual Limited Partners ... Read More