Anything goes in a war. According to technology and security experts, the ongoing battles with cybercriminals are escalating exponentially and are rapidly turning into “no holds barred” situations. According to Cybersecurity Ventures, the cost of ransomware incidents worldwide is expected to top $265 billion by 2031. To business owners −whether tech-savvy or naïve – those rapidly growing threats should be frightening.
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The Top 8 Myths About Ransomware
With 24/7 news cycles and an overabundance of social media streams, the flow of information available on the internet is mind-boggling. Unfortunately, the accuracy of the reports, suggestions, and “facts” shared through those forums is questionable, at best. The truth often gets distorted by opinions or through the loss or changing of certain elements of the stories told over and over again.
Why Ransomware Protection is the New IT Standard
Cybersecurity is big business today. For the criminal element, hacking and ransomware delivery high-return and relatively low effort activities and the significant rise in revenue is fueling increasingly more aggressive and costly attacks.
What Happens When MSPs Get Hit with Ransomware?
The “worst-case” scenario is no longer unexpected in the channel. MSPs are increasingly on the receiving end of the cybersecurity attacks that they spend so much time and money trying to stop for their clients. With so many variables (human error is at the top of that list) and possible entry points for cybercriminals and their wares, just one simple mistake or lapse in judgment can literally destroy your reputation. A successful ransomware attack could decimate your business.
Cybersecurity Investments Point to New Opportunities for MSPs
The data and network protection market is hot. From the smallest firms to the largest enterprise organizations, businesses need quality cybersecurity support, and most can benefit from a range of other services that MSPs deliver. Researchers suggest that the demand for those mutual IT-related offerings will reach unprecedented levels in the near future.
Cybercriminals Are Moving from the Basement to the Boardroom
IT security threats are more of a concern to the business community than ever before. Cybercriminals are attacking from multiple angles, from the standard email and social engineering schemes to extremely sophisticated hacking methodologies. No organization is safe.
Taking a Cybersecurity Role in a Co-Managed IT Environment
Business is changing. Not only are the SMB clients you support transforming their operations from WFH and hybrid work environments to the adoption of more cloud services, but larger organizations are openly seeking new options. The more than year-long COVID-19 pandemic continues to stretch the already thin resources of many businesses, including those with large IT departments, and their management teams are looking at all possible relationships.
WFH is a Prime Environment for Ransomware Attacks
Employees need a safe working environment. Whether on a construction site or sitting in an office, employees need guidance and support to ensure they stay true to workplace procedures and best practices. This is a big concern with the pandemic forcing many businesses to shift – temporarily, if not permanently − to WFH environments.
The Five Most Frightening Forms of Ransomware
No matter how many levels of defense MSPs implement for their business clients, there is virtually no way to stop a carefully planned and executed attack − or prevent a lucky cybercriminal from breaking through your security measures. Email remains a moving target for hackers, and despite an almost endless array of combative tools available to augment data protection, reactive measures rarely impede their efforts. Traditional methods typically notify MSPs only after inflicting the damage.
SonicWall VPN Zero-Day: To disrupt or not to disrupt?
10:15 PM CST Friday 1/22/2021 SonicWall released information that they had been compromised by a zero-day SSL VPN and SMA vulnerability. For MSPs using SonicWall, the options are to disconnect SSL VPN, whitelist VPN users, turn on MFA, or wait for a patch. SonicWall has released little information regarding the vulnerability. SonicWall has said that their own San Jose corporate offices were compromised and that is how they discovered the vulnerability.
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