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Why managed IT services is best for SMB cybersecurity

Without technology, businesses cannot compete and succeed. But with the advancement in technology comes the ever-constant threat of hackers and cybercriminals. That’s why small- and mid-sized businesses (SMBs) need to protect themselves with robust cybersecurity solutions managed by reputable managed IT services providers (MSPs).

The numbers

Through the years, the number of SMBs falling victim to cyberattacks has drastically increased. Ransomware attacks, misconfigured systems, credential stuffing, and social engineering are among the many cyberthreats that SMBs face. Also, according to Verizon’s 2021 Data Breach Investigations Report, one in every five data breach victims was an SMB. What’s more, only 47% of SMBs are able to detect breaches within days.

The financial consequences have also considerably increased. IBM’s Cost of a Data Breach Report 2021 shows that “data breach costs rose from USD 3.86 million to USD 4.24 million.”

The numbers don’t lie, so it’s only about time SMBs take cybersecurity seriously. You can safeguard your business from cyberattacks and provide a more secure customer experience by working with a trusted MSP.

Why managed services?

Partnering with MSPs is the most effective way to prevent attacks and defend against malicious threats. MSPs offer a full range of proactive IT support that focuses on advanced security, such as around-the-clock monitoring, data encryption and backup, real-time threat prevention and elimination, network and firewall protection, security awareness training, and more. Here are some of the services an MSP can offer:

    • Around-the-clock monitoring – A cyberattack can happen at any moment. By having someone watching your networks and systems 24/7, MSPs ensure that any potential threats are identified and dealt with quickly.
    • Data encryption and backup – Data encryption transforms readable data into an unreadable format. This can be done through the use of a key, which is only accessible to authorized users. This way, even if the data is compromised, it can’t be read without the key. Meanwhile, data backup is the process of creating and preserving copies of data so that it can be restored in the event of data loss.
    • Real-time threat prevention and elimination – By using technology that can detect and stop threats as they happen, this security solution can minimize the impact of an attack and keep your business data safe.
    • Network and firewall protection – Networks and firewalls create a barrier between the business network and the internet, securing confidential data, such as customer information, employee records, and trade secrets. Networks can be configured to allow certain types of traffic through while blocking others, so that only authorized users can access specific resources.
    • Security awareness training – Now, more than ever, SMBs need to be aware of cybersecurity threats and how to protect themselves. MSPs can facilitate security awareness training that can help employees spot red flags and know what to do (and not do) to keep company data safe.

Managed IT services are designed to identify and fix weak spots in your IT infrastructure, enabling you to optimize the digital backbone of your business processes. With managed IT, you’ll also have faster network performance, a solid business continuity and disaster recovery strategy, and minimal downtime. You’ll also get a dedicated team of IT professionals ready to assist you with any technology-related problems. This is much more effective and budget-friendly than having in-house personnel juggling all of your business IT needs.

Being proactive when it comes to cybersecurity is the only way to protect what you’ve worked hard to build. If you’d like to know more about how managed services can benefit your business, just give us a call — we’re sure to help.

Published with permission from TechAdvisory.org. Source.

Cybersecurity terminology you need to know

Do IT security terms like “phishing” and “intrusion protection” sound extremely foreign to you? If so, it’s time you familiarize yourself with these and other common cybersecurity terms. By learning these basic concepts, you’ll be more aware of the depth and scope of online dangers and, hopefully, be better prepared to deal with them.

Malware

For a long time, the phrase “computer virus” was misused to refer to every type of attack that intended to harm or hurt computers and networks. The more appropriate term for these harmful programs and files would be “malicious software” or “malware.” Whereas a virus is a specific type of malware that is designed to replicate itself, any software created for the purpose of destroying or unfairly accessing networks and data should be referred to as malware.

Ransomware

Don’t let all other cyberthreats ending in -ware confuse you; they are all just subcategories of malware. Currently, one of the most popular of these is “ransomware,” which is malware that encrypts valuable data until a ransom is paid.

Intrusion prevention system (IPS)

There are several ways to safeguard your network from malware, but an IPS is quickly becoming one of the nonnegotiables. An IPS sits inside your company’s firewall and looks for suspicious and malicious activity that can be halted before it can exploit or take advantage of a known vulnerability.

Social engineering

Not all types of malware rely solely on fancy computer programming. Experts agree that the majority of attacks require some form of “social engineering” to succeed. Social engineering is the act of tricking people, rather than computers, into revealing sensitive or protected information. For cybercriminals, complicated software is totally unnecessary if they can just convince potential victims that they’re a security professional who needs the victims’ password to secure their account.

Phishing

Despite often relying on face-to-face interactions, social engineering does occasionally employ more technical methods. Phishing is the act of defrauding people using an app or a website that impersonates a trustworthy or often well-known business in an attempt to obtain confidential information. Just because you received an email that says it’s from the IRS doesn’t mean that it is. Don’t take such emails at face value — always verify the source, especially if the emails are requesting your sensitive data.

Antivirus

Antivirus software is often misunderstood as a way to comprehensively secure your computers and workstations. These applications are just one piece of the cybersecurity puzzle and can only scan the drives on which they are installed for signs of well-known malware variants.

Zero-day attacks

Malware is most dangerous when it has been released but not yet discovered by cybersecurity experts. When a vulnerability is found within a piece of software, vendors will release an update to fix the gap in security. However, if cyberattackers release a piece of malware that has never been seen before, and if that malware exploits one of these holes before the vulnerability is addressed, it is called a zero-day attack.

Patch

When software developers discover a security vulnerability in their programming, they usually release a small file to update and “patch” this gap. Patches are essential to keeping your network secure from the vultures lurking on the internet. By checking for and installing patches as often as possible, you keep your software protected from the latest malware.

Redundant data

When antivirus software, patches, and intrusion prevention fail to keep your information secure, there’s only one thing that will: quarantined off-site storage. Duplicating your data offline and storing it somewhere other than your business’s workspace ensures that if there is a malware infection, you’re equipped with backups.

Our cybersecurity professionals are always available to impart more in-depth knowledge of the many different kinds of cyberthreats. Get in touch with us today and find out how we can help you with your IT security woes.

Published with permission from TechAdvisory.org. Source.

Keep your Microsoft 365 environment secure with these tips

Microsoft 365 is one of the most widely used business productivity suites today. From email and collaboration to cloud storage and enterprise content management, the robust features of its cloud-based tools and servers are nothing short of useful. Still, Microsoft 365 presents certain security challenges that businesses must address.

Vulnerabilities in SharePoint

Businesses typically use SharePoint Online and on-premises SharePoint sites to store sensitive information like personally identifiable data. Failing to secure SharePoint content against unauthorized users is one way to expose data and your business to malicious actors. This can be critical for companies that are required to comply with stringent data privacy and protection regulations and may face serious consequences for noncompliance.

To prevent this, limit administrator-level privileges and enable encryption. Additionally, set the necessary security restrictions per user for every application.

Unprotected communication channels

Phishing attacks and malware are two of the most common ways cybercriminals infiltrate a system, but there are other paths of attack. Microsoft 365 applications like Microsoft Teams, which can connect to external networks, may serve as a medium for ransomware and other types of attack.

Train your staff to identify potentially malicious files and links. Also, offer guidelines on how to handle and route sensitive files and communication to safe locations.

Security risks in dormant applications

Organizations using Microsoft 365 often won’t use all the tools and services included in the productivity suite. You may use one or several programs like Word, Excel, and SharePoint but rarely use OneDrive. If your business has been utilizing specific programs, note that some dormant applications may be prone to attack. This is why it’s crucial to identify the apps that aren’t being used, and have an administrator tweak user settings to restrict availability on such apps.

File synchronization

Like most cloud services, Microsoft 365 allows users to automatically sync on-premises files to the cloud, such as in OneDrive. This useful feature is not without security risks, however. If a file stored locally is infected with malware, OneDrive will view the file as changed/updated and trigger a sync to the OneDrive cloud, with the infection going undetected.

Office 365 Cloud App Security, a subset of Microsoft Cloud App Security, is designed to enhance protections for Office 365 apps and provide great visibility into user activity to improve incident response efforts. Make sure your organization’s security administrators set it up on your systems so you can detect and mitigate cyber risks as soon as possible.

Cybercriminals will continue to sharpen their hacking techniques, and your organization must keep up to protect your systems, apps, and devices. Call our team of IT experts now if you want to strengthen your business IT security.

Published with permission from TechAdvisory.org. Source.

Struck by ransomware? Try out these decryptors to recover your data

There are several ransomware decryptors now, thanks to communities of white hat hackers concerned about increasing ransomware attacks worldwide. While some of these decryptors do come with a price, the rest are free or can be availed for a minimum donation.

The state of ransomware in 2021 so far

Businesses need to deal with ransomware both from outside and within. On one hand, there are more cybercriminals trying to infiltrate your network. On the other hand, careless and unknowing staff can easily let ransomware enter your network. For instance, employees may be tricked into providing their access credentials in phishing sites, or they may click links to websites that upload ransomware downloaders onto their machines.

The statistics are sobering. Ransomware cost businesses more than $75 billion per year. Over the past two years, ransomware attacks have increased by over 97%. And compared to the first two months of 2017, ransomware campaigns that were initiated from phishing emails increased by 109% in the same span of time this year.
According to studies, there will be a ransomware attack targeting a business every 11 seconds in 2021. That is up from every 14 seconds in 2019, and every 40 seconds in 2016. And the trend is that the rate will continue to increase over the years.

Zombie ransomware is easy to defeat

Not every type of infection is targeted to individual organizations. Some infections may result from self-propagating ransomware strains, while others may come from cyberattackers who are hoping targets become so scared that they pay up before doing any research on how dated the strain is and how to remove it.

No matter what the circumstances of your infection are, always check the following lists to see whether free decryption tools have been released to save you a world of hurt:

Prevention

But even when you can get your data back for free, getting hit with ransomware is no walk in the park. There are essentially three basic approaches to prevent ransomware:

  • First, train your employees about what they should and shouldn’t open when browsing the web and checking email.
  • Second, back up your data as often as possible to quarantined storage. As long as access to your backed-up data is extremely limited and not directly connected to your network, you should be able to restore everything in case of an infection.
  • Finally, regularly update all your software solutions (operating systems, productivity software, and antivirus). Most big-name vendors are quick to patch vulnerabilities, and you’ll prevent a large portion of infections just by staying up to date.

Whether it’s dealing with an infection or preventing one, the best option is to always seek professional advice from seasoned IT technicians. It’s possible that you could decrypt your data with the tools listed above, but most ransomware strains destroy your data after a set time limit, and you may not be able to beat the clock. And even if you do, you probably won’t have the expertise to discern where your security was penetrated.

Don’t waste time fighting a never-ending stream of cyberattacks — hand it over to us and be done with it. Call us today to find out more.

Published with permission from TechAdvisory.org. Source.

Your business’s cybersecurity needs an MSP

With the prevalence of cyberattacks on companies of all sizes these days, businesses cannot afford to relegate cybersecurity to the bottom of their budget priorities. When it comes to cybersecurity, even small businesses should partner with a managed IT services provider (MSP). Here’s why it’s crucial to partner with an MSP that can implement robust cybersecurity solutions for your business.

The numbers

According to the Ponemon Institute’s 2019 State of Cybersecurity in Small and Medium-Sized Businesses (SMBs) survey, cyberattacks have increased dramatically. Here in the United States, 76% of companies were attacked in 2019, a significant leap from 55% in 2016. Sixty-nine percent of US businesses reported data breaches in 2019, up from 50% in 2016.

The financial consequences have also increased considerably. The average cost spent by companies because of damage to or theft of IT assets and infrastructure increased from $1.03 million in 2017 to $1.2 million in 2019. Costs due to disruption to normal operations increased from an average of $1.21 million in 2017 to an average of $1.9 million in 2019.

The attacks

Globally, the most common forms of attack on SMBs are those that rely on deception: phishing (57%), stolen or compromised devices (33%), and credential theft (30%). Worse, cybercriminals are targeting SMBs more, with reported attacks having increased from 60% in 2017 to 69% in 2019.

Why managed services?

Partnering with MSPs is the most effective way to prevent attacks and protect your business from malicious threats. MSPs offer a full range of proactive IT support that focuses on advanced security, such as around-the-clock monitoring, data encryption and backup, real-time threat prevention and elimination, network and firewall protection, security awareness training, and more.

And because managed services are designed to identify and fix weak spots in your IT infrastructure, you’ll optimize the digital backbone of your business processes. You’ll have faster network performance, a solid business continuity and disaster recovery strategy, and minimal downtime. One of the best things about managed services is that you get a dedicated team of IT professionals ready to assist you for any technology problems you may encounter. This is much more effective and budget-friendly than having in-house personnel handling all your IT issues.

Being proactive when it comes to cybersecurity is the only way to protect what you’ve worked hard to build. If you’d like to know more about how managed services can benefit your business, just give us a call — we’re sure to help.

Published with permission from TechAdvisory.org. Source.

Some ransomware strains are free to decrypt

Over the last few years, different versions of ransomware have sprung up, all aimed at extorting money from your business. Before you even consider paying for the release of your data, the first thing you must always check is if there’s a free cure for the ransomware that infected your systems.

The state of ransomware in 2019

For businesses, the challenge of dealing with ransomware is both from outside and within. On the one hand, there are more cybercriminals trying to infiltrate your network. And thanks to an ever-increasing variety of social engineering scams, there are more internal staff members who are tricked into providing sensitive information or downloading malware.

The statistics are sobering. Ransomware cost businesses more than $75 billion per year. Over the past two years, ransomware attacks have increased by over 97%. And compared to 2017, this year’s ransomware from phishing emails increased by 109%.

According to studies, by 2021 there will be a ransomware attack targeting a business every 11 seconds. That is up from every 14 seconds in 2019, and every 40 seconds in 2016.

Zombie ransomware is easy to defeat

Not every type of infection is targeted to individual organizations. Some infections may result from self-propagating ransomware strains, while others may come from cyberattackers who are hoping targets become so scared that they pay up before doing any research on how dated the strain is and how to remove it.

No matter what the circumstances of your infection are, always check the following lists to see whether free decryption tools have been released to save you a world of hurt:

Prevention

But even when you can get your data back for free, getting hit with malware is no walk in the park. There are essentially three basic approaches to prevent ransomware.

First, train your employees about what they should and shouldn’t open when browsing the web and checking email.

Second, back up your data as often as possible to quarantined storage. As long as access to your backed-up data is extremely limited and not directly connected to your network, you should be able to restore everything in case of an infection.

Finally, regularly update all your software solutions (operating systems, productivity software, and antivirus). Most big-name vendors are quick to patch vulnerabilities, and you’ll prevent a large portion of infections just by staying up to date.

Whether it’s dealing with an infection or preventing one, the best option is to always seek professional advice from seasoned IT technicians. It’s possible that you could decrypt your data with the tools listed above, but most ransomware strains destroy your data after a set time limit, and you may not be able to beat the clock. And even if you do, you probably won’t have the expertise to discern where your security was penetrated.

Don’t waste time fighting a never-ending stream of cyberattacks — hand it over to us and be done with it. Call us today to find out more.

Published with permission from TechAdvisory.org. Source.

IT terms you need to know

Jargon can be intimidating if you’re dealing with IT issues and you’re anything but techy. Running an anti-malware scan can generate auto pop-ups that leave you clueless with IT terms that sound Greek. Learning the basic concepts listed here will help you move on and not be surprised the next time that happens.

Malware

For a long time, the phrase “computer virus” was misappropriated as a term to define every type of attack that intended to harm or hurt your computers and networks. A virus is actually a specific type of attack, or malware. Whereas a virus is designed to replicate itself, any software created for the purpose of destroying or unfairly accessing networks and data should be referred to as malware.

Ransomware

Don’t let all the other words ending in “ware” confuse you; they are all just subcategories of malware. Currently, one of the most popular of these is “ransomware,” which is malware that encrypts valuable data until a ransom is paid for its return.

Intrusion protection system(IPS)

There are several ways to safeguard your network from malware, but IPSs are quickly becoming one of the non-negotiables. IPSs sit inside of your company’s firewall and look for suspicious and malicious activity that can be halted before it can exploit or take advantage of a known vulnerability.

Social engineering

Not all types of malware rely solely on fancy computer programming. Experts agree that the majority of attacks require some form of what is called “social engineering” to be successful. Social engineering is the act of tricking people, rather than computers, into revealing sensitive or guarded information. Complicated software is totally unnecessary if you can just convince potential victims that you’re a security professional who needs their password to secure their account.

Phishing

Despite often relying on face-to-face interactions, social engineering does occasionally employ more technical methods. Phishing is the act of creating an application or website that impersonates a trustworthy and often well-known business in an attempt to elicit confidential information. Just because you received an email that says it’s from the IRS doesn’t mean it should be taken at face value — always verify the source of any service requesting your sensitive data.

Antivirus

Antivirus software is often misunderstood as a way to comprehensively secure your computers and workstations. These applications are just one piece of the cybersecurity puzzle and can only scan the drives on which they are installed for signs of well-known malware variants.

Zero-day attacks

Malware is most dangerous when it has been released but not yet discovered by cybersecurity experts. When a vulnerability is found within a piece of software, vendors will release an update to amend the gap in security. However, if cyberattackers release a piece of malware that has never been seen before, and if that malware exploits one of these holes before the vulnerability is addressed, it is called a zero-day attack.

Patch

When software developers discover a security vulnerability in their programming, they usually release a small file to update and “patch” this gap. Patches are essential to keeping your network secure from the vultures lurking on the internet. By checking for and installing patches as often as possible, you keep your software protected from the latest malware.

Redundant data

When antivirus software, patches, and intrusion detection fail to keep your information secure, there’s only one thing that will: quarantined off-site storage. Duplicating your data offline and storing it somewhere other than your business’s workspace ensures that if there is a malware infection, you’re equipped with backups.
We aren’t just creating a glossary of cybersecurity terms; every day, we’re writing a new chapter to the history of this ever-evolving industry. And no matter what you might think, we are available to impart that knowledge on anyone who comes knocking. Get in touch with us today and find out just how we can help you with your IT woes.

Published with permission from TechAdvisory.org. Source.

Browser extensions and online security

Think you’ve got enough online security measures in place within your company? It’s hard to tell since you’ll never really know what the next malware or online scam will bring. Plus, it only takes one employee’s mistake to put the company in danger. It’s time to add another layer of online security using browser extensions.

Prevent browser tracking

If you don’t like the idea of a third party being able to track your browsing habits, try installing a tool that offers private browsing. These programs offer protection against tracking by blocking third-party cookies as well as malware. Some extensions also boast secure Wi-Fi and bandwidth optimization and can guard against tracking and data collection from social networking sites such as Twitter or Facebook. Some examples include Disconnect, uBlock Origin, and Ghostery.

Blocking ads

While online ads may seem harmless, the truth is that they can contain processes that might send your data back to a third party. A decent ad blocking program, like AdBlock Plus and uBlock Origin, will block banner, rollover, and pop-up ads, and also prevent you from inadvertently visiting a malicious site. Many blockers contain additional features such as the ability to disable cookies and scripts used by third parties on websites, the option to block specific items, and even “clean up” Facebook, and hide YouTube comments. The major blockers work with Google Chrome, Safari, and Firefox, and you’ll be able to find everything from user-friendly solutions to more advanced tools that are customizable down to the tiniest degree.

Consider installing a VPN

A VPN (virtual private network) browser extension is a simple way to connect your web browser to a VPN server. VPNs encrypt your internet traffic, effectively shutting out anyone who may be trying to see what you’re doing, and then routes it through the server to hide your location and IP address. Commonly used in countries such as China where the internet is heavily censored by the government, a VPN enables users to access blocked sites — in China’s case, that’s anything from blogs criticizing the government to Facebook and Instagram. There are a huge number of VPN browser extensions in the market, like NordVPN and ExpressVPN, so do a little research and find one that suits you best.

If you’d like to know more about staying safe on the internet or would like to schedule a security assessment for your company, get in touch with us today.

Published with permission from TechAdvisory.org. Source.

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