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ERAI Blog

ERAI Adds New Alert Type - Cybersecurity Risk Alerts

Anne-Liese Heinichen
11/14/2018

In recent months, ERAI has noted an increase in unsolicited emails that contain malicious software attachments. Malicious software, or “malware”, can be used to steal personal and/or corporate information and commit fraud for financial and economic gains by individuals, corporations, criminals, terrorists or governments. ERAI has added a new type of alert to the ERAI database to warn ERAI subscribers of this potential risk.

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Cyber Threats in Every Day Life

Damir Akhoundov
12/07/2016

Everyone is on the lookout for computer viruses and different malware these days. They can make your computer become slow or unresponsive, trigger spam emails to be sent from your e-mail client and can compromise sensitive information. A majority of the population believes they are aware of the dangers these malicious surprises can cause resulting in inconvenience and annoyance, but what many individuals and business owners do not realize is that there is a new emerging threat that can swiftly render your entire company's (and customer’s!) data obsolete or even put it completely out of your reach.

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Cyber Crime, Your Bank Accounts, and Your Insurance

Kristal Snider
10/19/2016

Nearly half of all business owners carry some form of cyber insurance but small businesses lag behind, largely because they don’t see themselves as vulnerable to an attack when, in fact, they are viewed by cybercriminals as the lowest hanging fruit. Rightfully so considering a startling 47% of small to midsize companies have not made cybersecurity a priority.

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October is National Cyber Security Awareness Month

Anne-Liese Heinichen
10/13/2016

Retired General Keith Alexander who served as Director of the National Security Agency and Commander of the United States Cyber Command referred to cyber crime as the "greatest transfer of wealth in human history". The anonymity provided by cyberspace and the sheer number of connected people and devices ensures cyber crime will remain an area of growth for criminal networks and of risk for individuals, businesses and governments.

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Cyber Crime Victim Sues Insurance Provider for Denying $480,000.00 Claim

Kristal Snider
10/07/2016

AFGlobal Corporation, a Texas based AS9100 certified manufacturer servicing the aerospace market, is battling their insurance company in a Texas district court to get back $480,000.00 lost to a cyber scam dubbed “Business Email Compromise” by the Federal Bureau of Investigation (FBI).

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Business E-mail Compromise-The 3.1 Billion Dollar Scam

06/14/2016

This Public Service Announcement (PSA) is an update to the Business E-mail Compromise (BEC) information provided in Public Service Announcements (PSA) 1-012215-PSA and 1-082715a-PSA. This PSA includes new Internet Crime Complaint Center (IC3) complaint information and updated statistical data.

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What smaller organizations can learn from the Target data breach and ‘Network Penetration’ DFARS

Howard A. Miller
04/01/2016

In speaking with a number of companies regarding the potential risks of a data breach or unauthorized access, a common response is that we are not on the scale of company such as Target. We do not have the volume of information that would make us a target for attack and therefore do not need to be as concerned with the exposure of a breach of protected or confidential data.

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Business Email Compromise (BEC) on the Rise - ERAI Members' emails infiltrated resulting in losses

Anne-Liese Heinichen
02/20/2015

ERAI has recently reported multiple cases of suppliers' emails being hijacked or infiltrated resulting in multiple Buyers losing over $35,000.00 in just over one week alone.

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Free Webinar - Counterfeit Parts Avoidance - Part II

Kristal Snider
02/19/2015

Counterfeit parts within the government supply chain are a growing concern. Join us for a Safety and Mission Assurance Discussion Forum on March 3 at 1 p.m. EST as our panelists continue the dialog on combating counterfeit parts, including Cyber security and electronic parts; Ruminations, myths and unreliable facts; Mechanical and structural counterfeiting.

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