Expert Take
Rueben Medina Head of Security This incident is the largest recorded scam utilizing deepfake technology, highlighting how powerful the combination of traditional social engineering, persistence, and emerging AI technologies can be. A Hong Kong-based multinational company lost a staggering $25 million to a deepfake scam, raising serious concerns about cybercriminals&
Cyber Insurance & Risks
On this May 4th, let us celebrate the timeless lessons of Star Wars and the dedicated teams at Elpha Secure who are committed to helping businesses protect themselves from the dark side of the cyber world. On this May 4th, Star Wars Day, let us reflect on the timeless lessons
Security Bulletin
Update as of 4/18/2023: Google has released another emergency fix in response to a second zero-day. The vulnerability known as CVE-2023-2136 is a high-severity integer overflow flaw. This is fixed by updating to Chrome Version 112.0.5615.137. This vulnerability is currently being exploited by cybercriminals. This
Expert Take
Rueben Medina Head of Security You’ve likely seen the headlines about 3CX suffering a supply chain attack. What you might have not seen is that 3CX was aware of alerts identifying their app as malicious seven days prior to taking any action. You can see the entire situation play
Cyber Insurance & Risks
News broke recently of a major supply chain attack on 3CX, a widely used phone system software vendor. The attack has potentially led to numerous customer breaches and has been compared to the SolarWinds and Kaseya attacks. Here’s what you need to know about the 3CX supply chain attack.
Cyber Insurance & Risks
In a previous article, we explored the concept of morale hazard as it relates to organizations and the potential cybersecurity risks that can arise when organizations solely rely on their insurance to protect themselves from a cyber incident. This article takes a closer look at morale hazards at the employee
Cyber Insurance & Risks
The company aims to protect larger companies with its unique software, insurance combination. New York, NY, February 9, 2023 — Elpha Secure Technology Inc, a cyber insurance and security technology company, has increased its capacity to offer quotes to companies with revenues up to $100 million. In addition, the company has
Cyber Insurance & Risks
Just like a seatbelt in a car, cyber insurance can provide valuable protection against cyber attacks. However, relying solely on it is similar to relying exclusively on your seat belt to keep you safe in a car accident. It creates a "morale hazard" phenomenon where companies may unintentionally
Cybersecurity
Rueben Medina Head of Security We’ve all had this moment: you get an important looking email or text from a company or the government or maybe a close friend. It sounds urgent! You need to take action immediately. So you click a link, fill out some sensitive information and
Cyber Insurance & Risks
Unless you were part of the lucky few that traveled long distances by train or you just decided to take that long overdue road trip, it is very likely that you or someone you know was impacted by the FAA system outage which delayed more than 10,000 flights.
Cyber Insurance & Risks
Modern business relationships are complex, which can make it difficult — but crucial — to identify any single point of failure that could endanger your business.
Cyber Insurance & Risks
Get familiar with the mechanics of supply chain attacks and the four actions you can take to help prevent supply chain attack damage.