Archive for category: Cybersecurity

Top 3 Types of IT Security Threats and How to Prevent Them

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Data Protection & SecuritySecurity Threats: 3 You Know and 1 You Should

Security threats take many forms. Most owners of small and medium-sized businesses (SMBs) are aware of the need to defend against the top three — viruses, ransomware, and phishing attacks — but their organizations are generally not as prepared to deal with the risks related to employees leaking data or sharing sensitive information, whether maliciously or accidentally.

Top 3 Types of IT Security Threats

1. Viruses

According to research conducted by Microsoft, infection by a computer virus is the most commonly cited among security threats facing businesses. Preventing viruses requires an integrated approach to endpoint and identity management.

How to Prevent Viruses:

  • Deploy next-gen antivirus software, with advanced threat protection, installed and updated, on all devices
  • Use web filtering and monitoring services to prevent infection, even from trusted sites
  • Roll out mobile device management to secure work devices (including laptops and desktops), as well as personal devices used for work
  • Enforce the use of multi-factor authentication as part of an integrated identity and access management solution

2. Ransomware IT Security Threats

Ransomware is a type of malware that restricts access, encrypts files, or even stops you from using your systems. Like viruses, ransomware can enter the company through insecure endpoints or unsuspecting users.

While virus protections also protect against ransomware, no protection is perfect. You need to be ready to respond and recover in the event of a successful cyber attack. This includes implementing solutions and services, and ensuring you have the proper protocols in place.

How to Prevent Ransomware Security Threats

  • Backup your data and system images, in the cloud, to ensure your ability to restore and recover
  • Encrypt all data, at rest and in motion
  • Deploy business continuity services to spin-up copies of servers in parallel with remediation
  • Pre-arrange access to forensic, legal, and communications resources to ensure a proper business response
  • Acquire cyber insurance to cover remediation, recovery, and regulatory costs, along with lost revenue
  • Focus on the four pillars of cloud security, and continue to review them on a yearly basis

3. Phishing Attacks

The majority, 67 percent, of cybersecurity professionals surveyed consider phishing attacks to be the greatest security threat facing your business and employees. Take the proper steps today to protect your people, your data, and your business.

How to Prevent Phishing Attacks:

  • Configure advanced threat protection services to identify and block attacks via email using links and/or attachments
  • Monitor inbound and outbound email traffic
  • Provide your team with awareness training to recognize problem emails, and how to respond/act
  • Instruct your team to report suspicious messages, links, and attachments
  • Deploy domain level services to prevent identity-spoofing

1 Additional IT Security Threat You Should Know

!! Internal Leaks & Threats

Insider security threats are often overlooked, and small and midsize businesses are generally unprepared to deal with these IT security threats, accidental or malicious. Surveys indicate that 53% of organizations have experienced insider attacks against their organization.

These risks take several forms. About 37% of internal leaks can be attributed to careless or uninformed employees. In many cases, these employees are using personal, less secure or unsecured services to conduct business.  Whether consumer versions of email or cloud drives for sync and share, these “shadow IT” services pose a significant risk.

While the majority of internal leaks and threats are unintentional, 36% of internal leaks are identified as attacks by a malicious employee.

To prevent data leaks and breaches, you should:

  • Actively manage access and permissions to networks, systems, applications, and data; periodically review permissions for compliance
  • Leverage features within your systems that help you manage and protect confidential and proprietary information
  • Deploy information protection solutions, such as Data Loss Prevention (DLP) and document/message level encryption, to block sensitive data from leaving your control
  • Implement proper cyber insurance and breach response protocols

>> Take Action Against IT Security Threats

All of the suggestions, above, fall within our Security CPR® best-practice model and services for data protection and cyber security: Communicate & Educate; Prevent & Protect; Respond & Recover.

To assess your cyber security status, discuss your risks and needs, and identify solutions that fit your business and your budget, contact us to schedule a complimentary session with one of our Cloud Advisors.

Global Year in Breach – 2021

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eBook | Source: ID Agent —
2020 saw a cybercrime boom that included record-breaking phishing and ransomware threats. This report provides insights into the rapidly changing cybersecurity landscape; forecasts cybersecurity trends for 2021; and provides helpful advice about smart risk mitigations that fit every business and every budget.

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Remote Workforce Security: Tips, Challenges & Lessons Learned

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As part of its Global Year in Breach – 2021 report, security firm ID Agent found that remote workforce security is more difficult than generally thought. With many of the changes in how we work expected to continue, as business leaders we need to embrace hybrid work as the way of the future.

What Exactly is Remote Work Security?

Remote workforce security is a subset of IT cybersecurity that focuses on protecting corporate data and other assets when employees work outside of a physical office. Implementing strong security protocols and technologies for remote access, educating employees on how to identify security risks and stay safe, and strengthening your overall business data protection and security are some of the best ways to secure your remote workforce.

What to Know When Developing Security Procedures for a Remote Workforce

Pandemic Triggers Panic

2020 and the onset of the global COVID-19 pandemic presented new challenges. The biggest challenge was cybercrime. The mix of understaffed IT departments, maintenance failures, unpreparedness, record-breaking cybercrime, and employee stress taxed IT teams and services. Cybercriminals took advantage of this golden opportunity, and businesses were hit hard.

Businesses needed to rapidly shift to remote operations. For those with older technology, this shift was especially difficult. Everybody became a remote worker. IT teams needed to become instant experts in remote workforce security, including knowing the four pillars of cloud security. For too many businesses, it was a mad scramble to to get their teams remotely or face shutting down entirely. Many employees lacked training in remote work; many IT teams had never managed remote security at scale. A barrage of unintentional, insider threats assaulted IT teams daily.

Stress Creates Vulnerabilities

Why was the massive shift to Work from Home such a boon to cybercrime?

IT departments were unprepared and understaffed.  Only 39% of IT executives polled felt they have adequate IT expertise on staff to assist with remote work issues. Only 45% of organizations reported having and adequate budget to support remote work.

At the same time, employees were dealing with unexpected stress at home and more likely to make cybersecurity mistakes. Over 50% of respondents admitted they were more error-prone while stressed. 40% said they made more mistakes when tired or distracted. Altogether, 43% of workers surveyed acknowledged mistakes resulting in cybersecurity repercussions for themselves or their company while working remotely.

Cybercrime Complications

Chaos and confusion created opportunities for cybercriminals. Experts estimate that overall cybercrime was up by 80% in 2020. Much of that increase was from phishing attacks. Cybercriminals took advantage distracted, stressed workers, with limited IT support, and immense numbers of email. In 2020, phishing attacks skyrocketed by more than 650%. Attacks hit 75% of companies and accounted for almost 80% of all cybercrime.

Successful ransomware also jumped more than 145%. In 2020, 51% of all businesses and 40% of small and midsize businesses experienced a ransomware attack. 50% of attacks on SMBs used vicious double extortion ransomware. Ransomware will continue to top the list of cybercrime trends in 2021.

FAQs About Remote Workforce Security

Next Steps for How to Secure Your Remote Workforce

Stopping ransomware and decreasing your company’s risk of a successful cyberattack against remote and hybrid workers starts with stopping phishing and its destructive effects. We have tools that help your IT team support and protect your people and your business, while also protecting your budget.

To learn more about you cyber risks, and solutions to fit your needs and budget, contact us and schedule a complimentary Cloud Advisor Session.

 

Business Email Compromise: 10 Stats; 5 Solutions

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Business Email Compromise (BEC) is a type of phishing-related fraud with far-reaching consequences. Not only can BEC attacks hurt your business, companies you work with can be damaged as well. BEC threats are hard to detect and mitigate, given the a byzantine structure of the attack.

Here are 10 statistics that demonstrate the increasing risk of BEC attacks, along with 5 solutions that reduce the chance of your business becoming a victim.

10 BEC Statistics

1Business email compromise rose by 14% overall in 2020 and up to 80% in some sectors
265% of organizations faced BEC attacks in 2020

3In 2020, BEC costs increased rapidly, from $54,000 in Q1 2020 to $80,183 in Q2.
4The energy and infrastructure sector topped the 2020 list with 93% of attacks
560% of the information on the dark web could potentially damage businesses

6In 2020, 80% of firms experienced an increase in cyberattacks

762% of BEC scams involve the cybercriminal asking for gift or money cards.
8The most common type of BEC scam is invoice or payment fraud
9Payment/invoice/billing scams skyrocketed by 155%, in 2020

10The average amount requested in wire transfer-based BEC attacks nearly doubled to $75,000 in the fourth quarter.

Protecting Against BEC Attacks

The most effective way to prevent business email compromise attacks is a strong, multifaceted defense against the primary delivery system: phishing email.  Here are 5 solutions that help you mitigate threats and the risk of successful cyber attacks.

1 Phishing Resistance Training

An absolute must-have for any organization in today’s tumultuous world is a strong cybersecurity culture. Too many employees are still clicking on dangerous messages. Strengthen your security culture and reduce your risk of suffering email-based cyberattacks by up to 70%.

2 Advanced Threat Protection

Go beyond attack profiles and blacklist lookups. Take advantage of next-gen protections that assess content and context, leverage machine learning, and analyze the behavior of links and attachments.

3 DNS / Web Protection

Secure your DNS traffic to help prevent cyber attacks that spoof or use your identity.  Block known, dangerous web sites. Block malicious web content and downloads, even from trusted sites that have been hacked.

4 Identity Access Management

Secure your user identities over time with a comprehensive approach. Include multi-factor authentication, password vaults, and single-sign on for your best protection.

5 Dark Web Monitoring

Your team probably uses their work email address (identity) to log into third party services. Breaches in these services put your business at risk. Monitor you domain for potential breaches so you can take action before you become a victim.

To learn more about these Business Email Compromise, other cyber threats, and solutions to fit your needs and budget, contact us and schedule a complimentary Cloud Advisor Session.

 

Google Workspace Security

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eBook | Source: Google —
Google started in the cloud and runs on the cloud, so it’s no surprise that we fully understand the security implications of powering your business in the cloud.

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Google Workspace Encryption

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Whitepaper | Source: Google —
Security is a key consideration for organizations that choose Google Workspace. This paper describes Google’s approach to encryption and how it keeps your sensitive information safe.

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Google Security Whitepaper

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Whitepaper | Source: Google — Google fully understands the security implications of the cloud. Google services deliver better security than on-premises solutions.

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15 Best Practices for Cyber Protection

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eBook | Source: Cumulus Global 

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9 Cyber Security Tips for Small Businesses

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Since the start of the COVID-19 pandemic, cyber threats and ransomware attacks have accelerated, exceeding 30,000 attacks per day in the US. Cybersecurity measures have never been more important. The move to remote working environments as well as the vulnerability of global economies in crisis has created an open-season for cybercriminals. No business—big or small—is safe.

Small and medium businesses (SMBs) seemingly have a target on their backs, so strengthening your SMB security posture is essential right now. The good news: There are ways to protect your business against ransomware attacks. Read on below to learn about our top nine cyber security tips and best practices to keep your small business safe.

Here are nine tips you that boost your business’ resilience to cyber attacks:

Communicate & Educate

1. Conduct a security risk assessment

Understand potential security threats (e.g., downtime from ransomware) and the impact they may have on your business (lost revenue). Use this information to shape a security strategy that meets your specific needs.

2. Create straightforward cybersecurity policies

Write and distribute a clear set of rules and instructions on cybersecurity practices for employees. This will vary from business to business but may include policies on social media use, bring your own device, authentication requirements, etc.

3. Train your employees

Because cybersecurity threats are constantly evolving, an ongoing training plan should be implemented for all employees. This should include examples of threats, as well as instruction on security best practices, and periodic testing.

Prevent & Protect

4. Protect your network and devices

Implement a password policy that requires strong passwords and monitor your employee accounts for breach intel through dark web monitoring. Deploy firewall, VPN, and next-gen antivirus technologies with advanced threat protection. Ensure your network and endpoints are not vulnerable to attacks. Implement mandatory multi-factor authentication. Ongoing network monitoring is essential, as is encrypting hard drives.

5. Keep software up to date

This cyber security tip involves being vigilant about patch management. Cyber criminals exploit software vulnerabilities using a variety of tactics to gain access to computers and data. Your IT provider should automate this for your businesses with a remote monitoring and management. Keep your mobile phones up to date as well.

6. Back up your data

Daily (or more frequent) backups are a requirement to recover from data corruption or loss resulting from security breaches. Consider using a data protection tools that take incremental backups of data periodically throughout the day to prevent data loss. Remember that you need to protect your data in the cloud as well as you protect your data on local servers and workstations.

7. Know where your data resides

The more places data exists, the more likely it is that unauthorized individuals will be able to access it. Use data discovery tools to find and appropriately secure data along with business-class Software-as-a-Service (SaaS) applications that allow for corporate control of data. Eliminate redundant and “Shadow IT” services.

8. Control access to computers

Use key cards or similar security measures to control access to facilities. Ensure that employees use strong passwords for laptops and desktops. Give administrative privileges only to trusted staff as needed.

Respond & Recover

9. Enable uptime

Our final cyber security tip dives into responding and recover. Here, it’s vital to choose a powerful data protection solution that enables “instant recovery” of data and applications. In fact, 92% of managed IT service providers report that companies with business continuity disaster recovery (BCDR) products in place are less likely to experience significant downtime from ransomware and are back up and running quickly. Application downtime can significantly impact a business’ ability to generate revenue. Can your business afford downtime costs that are 23X greater (up by 200% year-over-year) than the average ransom requested in 2019?

Get In Touch To Learn More About Cyber Security Tips and Best Practices

The best defense is a good offense. A robust, multi-layered cybersecurity strategy can save your business. Contact us to learn more and for a free Cyber Security Assessment.

Manufacturers Beware: Attacks on Industrial Equipment are on the Rise

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Automation Cyber SecurityWe have seen the issue ourselves: A malware attack crosses the bridge from your network PCs to the controllers in your industrial machines. Your shop floor comes to a halt until you can recover. The effort is painful as you deal with embedded and stand-aside controllers running out-dated versions of Windows, limited network options, and compatibility issues.

The risk is so great, that ZDNet is reporting that the world’s largest and most well-known hacking contest, Pwn2Own, will focus on software for industrial equipment.  Reflecting the reality of current threats, the sponsoring organizations and the “white hat” hackers themselves see an urgent need to bring the issue of protecting your industrial equipment to the forefront.

Fortunately, best practices can help protect your operations.

While it is not always possible to protect your industrial equipment with “next gen” endpoint protection, you can take steps to protect yourselves from potentially devastating attacks and accidents.

  • Segregate
    • The network on which your production systems run should be physically or logically separate from other networks — office, voice, etc. — running in your business.
  • Isolate
    • Unless the equipment needs to communicate with the manufacturer, cloud-based systems, or other locations, the production systems network should not have paths to the outside world.
    • If the equipment needs to communicate externally, setup secure VPNs for all traffic.
  • Maintain
    • Whenever possible, update and maintain your industrial systems to run current versions of the manufacturer’s software and the underlying operating system.  Too many production machines are running obsolete versions of Windows that cannot be secured from attack.
  • Scan
    • Before moving any software or programming to a system, explicitly scan the files for malware.
  • Educate
    • Communicate with your employees about the risks and steps they can take to prevent a cyber attack to your industrial equipment as well as their computers and other devices.

Please contact us for more information or to assess your risk and discuss solutions.