Exploit: Malware attack
Confederation College: Provincially funded college of arts and technology
Risk to Small Business: 2.222 = Severe: A malware attack disabled the college’s IT services, rendering many digital accounts unusable. Fortunately, Confederation College doesn’t believe that any personal information was compromised in the breach, but they will face blowback from their student body that entrusts their personal information to the school.
Individual Risk: 2.555 = Moderate: At this time, no personal information was compromised in the breach. However, the college encourages anyone with a school email address to reset their account password and the passwords for any other accounts that may also use these credentials.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: Even when login credentials are compromised in a data breach, businesses can still protect their accounts with simple security features like two-factor authentication. This service requires users to confirm their identity on a separate device before allowing account access, so cybercriminals deploying stolen credentials for brute force attacks are unable to find their way on to your organization’s network. As more and more information makes its way online, two-factor authentication is an obvious tool that every organization should implement.