Cybersecurity

Key findings of 2019 state of ransomware report a growing threat

Our partner’s (Datto) Global State of the Channel Ransomware Report is comprised of statistics pulled from a survey of 1,400+ managed service providers (MSPs), it’s partners, and clients, around the world. The report provides unique visibility into the state of ransomware from the perspective of the IT Channel and their SMB clients who are dealing …

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How many of your employees don’t understand cybersecurity?

Did you know that in the U.S. 70% of employees lack a basic understanding of cybersecurity best practices? Vulnerabilities in your organization can lead to a major fallout in case of a cyberattack. Cyberattack simulation and invocation and test of incident response protocols  help businesses and regulators practice an effective coordination in the event of …

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Cyberthreats targeting municipalities are on the rise

Local governments are increasingly being targeted by cyber threats. These attacks typically come in the form on ransomware, holding the municipalities’ data hostage until either the ransom is paid or data is restored from a backup. Examples of ransomware attacks in 2019: June 20, 2019: Riviera Beach, Florida, discloses ransomware attack and payment. May 7, 2019: City …

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Vulnerabilities Fallout: Not all fixed by Recent Microsoft Patch Releases

In a past month, Microsoft  has released patches for over 70 vulnerabilities in its products. The company has been under the fire from users and system administrators for quite some time. The pressure was following the stream of vulnerabilities, including two of a zero-day type flaws. The zero-day vulnerabilities are still being actively exploited in …

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Advanced Phishing Threat: malicious emails posing as Adobe Acrobat or Microsoft Office365 message

We have received numerous reports and examples today of an advanced phishing email being used to harvest Office365 credentials. The email is sent through a compromised account of an individual that is familiar, such as a colleague, business partner, vendor, etc. The attacker gets your email address from the compromised mailbox and then sends you …

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IT Security and Cyber Insurance – Working Hand-in-Hand

Protecting your organization, large or small, from cyber attacks rests to a great extent on the IT security infrastructure and processes that are in place and managed by in-house and/or outsourced IT professionals. It is interesting to note that more than half of all cyber attacks are directed at small and mid-sized businesses. According to …

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Skills Shortages Are Exposing Organizations to Cyber Risk

Over half (52%) of IT and security professionals believe that cybersecurity skills shortages are putting their business at an increased risk of attack, according to a new poll from Infosecurity Europe. Now in its 24th year, Europe’s leading cybersecurity show asked over 9700 of its Twitter followers a series of questions on skills challenges, as well …

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Over One Million Asus Users Backdoored in Sophisticated Cyberattack

Security experts have uncovered a sophisticated new Advanced Persistent Threat (APT) attach which may have infected more than one million Asus users via a backdoored utility. Kaspersky Lab revealed that the group behind Operation ShadowHammer focused their efforts on a supply chain attack of the sort seen in recent years affecting legitimate software from CCleaner …

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58% of cyber attack victims were small businesses – you could be next.

Cybercrime is a big and nasty business. According to Cybersecurity Ventures, small business (organizations with fewer than 250 employees) becomes a prevalent and profitable target: 58% of them were a cyber attack victims in the recent year, and the astounding amount of $6 trillion is expected to be the cost of cybercrime the by year …

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