The Business Risks of Cybersecurity

The Business Risks of Cybersecurity

With daily business processes as well as innovative new technologies like the Cloud Computing, keeping your company’s data and systems safe is a top priority. Damages from cybercrime, in the form of lost revenue, continue to mount; in the next few years, the cost could reach as much as $6 trillion a year. In daily business activities, companies gather, store and use a great deal of customer data. Employees, thanks to Software as a Service (SaaS), can now work anytime, anywhere, accessing company data from outside the office. Both your technology and your employees need to be ready for multiple threats to the security of your network. Read on to learn more about how to protect your business’ revenue and reputation and keep the business running smoothly. Knowing and Guarding Against Cyber Threats Cyber threats come from both inside your company and outside and can affect businesses of all sizes. Not only can malware and viruses attack your system and steal and/or destroy company data, lack of understanding of threats by employees can compromise the safety of your systems. Be sure to have the latest definitions of your anti-virus and anti-malware definitions up to date. Along with these protections, establish a culture of security. This should work from management downward and emphasize that everyone has a role in keeping your systems safe and your business productive. Keep an Eye on Your Network Another way to keep your business running smoothly is to monitor your network. Network monitoring can be done off-site, 24 hours a day, and can spot and eliminate threats to your security. It can keep even small...
Keeping Your Network Secure

Keeping Your Network Secure

A network is only as strong as its weakest link, and if that weakest link is your security, that can compromise the revenue and the reputation of your business. Attacks just from ransomware have increased over the years, by 200% between 2015 and 2016 alone.  There are three fronts to consider: identify the hazards, use technical tools to protect your network, and educate your employees on cybersecurity. Read on to find out more about how to protect yourself. Know the Hazards of Malware and Phishing Schemes With so many businesses finding it necessary to gather, store and monetize customer data, this is an area of vulnerability. Malicious software, or “malware,” can take various forms, from worms and viruses to ransomware, which can hold your data hostage. Some types can simply make your system run more slowly, and some can steal or destroy data. Phishing schemes are designed to steal private data simply by an unwary recipient clicking a link. Technical tools are part of the protection plan. Fight Cyber Attacks with Technology There are plenty of technical tools and applications to keep your system safe. Firewalls and SPAM filters can keep unwanted network communications from coming in and going out. Anti-virus and anti-malware applications keep harmful worms, viruses and other malicious software from infiltrating your network. Be sure also to keep your antivirus and anti-malware programs up-to-date, to guard against the latest threats. Network monitoring can help stop attacks before they start, and operating system patches can fill in any security holes in the network. Along with these tools, be sure to train your employees to recognize security hazards....
Closing the Door on Cyber Crime

Closing the Door on Cyber Crime

Businesses today are under constant attack from Cyber Criminals. Ransomware,  including the WannaCry Virus , is an example of a top threat to avoid. With the risk of lost data, lost productivity and lost reputation, isn’t it time to close the door on Cyber Crime? Here are a few tips to defend your company from potential cyber attacks. Document Operating System Security Patch Policies and Procedures Take the time to review and update your documented security policies and procedures.  Security and related patch policy should identify who is responsible for application and operation of system patches and system updates. Clearly determine whose responsibility it is to apply the latest operating system and related security patches. Whether this process is manual, or done automatically through a managed service, be sure your employees know which is the case. Also, document your policies to verify all your systems are in compliance. Review your Cybersecurity Framework Avoid data breaches resulting from lack of Cybersecurity defence. Ensure your AntiVirus and Malware detection definitions are up to date. Utilize spam filtering and other Cyber Threat detection to protect your business. Consider penetration testing to identify any weaknesses on your network. Also ensure your employees are periodically trained to identify and avoid malware and phishing schemes. If you have suffered a data loss due to Cyber attack, ensure you have a communications plan to notify all stakeholders and authorities within adequate time frames. Having a solid data protection plan including Cloud Backup can minimize your exposure and increase your recovery time. Study Machine Learning to Combat Cyber Threat Cybercriminals are using automation, artificial intelligence and machine...
Technology Trends you Will Hear About in 2018

Technology Trends you Will Hear About in 2018

According to technology research firm Gartner Group, technology spending is expected to grow to $3.7 Trillion dollars in 2018. Communications Services ($1.387 billion) and IT Services ($931 billion) make up the majority of spending. In contrast, Enterprise Software and Data Center Systems are the smallest categories of spending expected for next year. Shifts in IT spending from Data Centric to Cloud Computing change the landscape for buyers, vendors and technology solution providers alike. Here are top Technology Trends you will hear about in 2018. Cybersecurity 2017 was a year full of data breaches and ransomware. According to a 2017 Cost of Data Breach Study by the Ponemon institute, the average cost of a data breach in 2017 was $141 per record lost. Consider how many customer, prospect, employee, member or supplier records you may have within your organization. With the risks so high, expect Cybersecurity to be top of the list of Technology Trends for most companies next year. Cloud Computing According to Forbes, 80% of IT budgets will be committed to the Cloud. Software as a Service (SaaS) solutions will help line-of-business managers from Sales, Marketing, HR and Finance become more productive. Communications and Collaboration applications including Email, VoIP and Web conferencing solutions will connect employees across companies and supply chains. Infrastructure as a Service (IaaS) will host a range of solutions including websites, online backup and more. The utility model, or paying for usage, appeals to businesses replacing technology capital expense (CapEx) for subscription-based operating expense. Managed Services As the “everything as a service” model gains in popularity, more companies will adopt fixed- priced managed services contracts....

How to Avoid Being a Ransomware Hostage

Ransomware, spyware, phishing schemes, and other Cyber attacks are commonplace in today’s world of technology. According to a recent article in Forbes, ransomware attacks grew at an accelerated pace in 2016 with reports of 638 million attacks, almost 200 times more than the number of ransomware attacks in 2015. Most experts agree that Ransomware attacks will continue to occur–so what can you do to avoid being a ransomware hostage? Not All Ransomware is Created Equal Before you panic, find out what type of Ransomware you are up against. Scareware is a type of Ransomware that tricks you into thinking you have a bigger problem. A simple scan may quickly remove the pop from your browser cache and get you back on your way. Some ransomware is truly nasty — your entire system may be encrypted, meaning you will need to wipe your system and start over if you have a good backup. Otherwise, you may find yourself hostage to the cybercriminals to unlock your data. An Ounce of Protection is Worth a Pound of Ransom Data protection is an important element in minimizing the impact of Ransomware. Make sure your network security is fully compliant. Backup your data, update your antivirus definitions and make sure your security patches are up to date. Consider using Cloud Backup, Security as a Service, and Managed IT services to keep your network up to date. Having a strong offense to avoid ransomware is your best defense. Don’t Forget the Human Element Train your employees on a regular basis on the importance of staying vigilant against Cyberattacks and how to avoid being a hostage....
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