Business Technology and Security

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The AME Group

From the collective intelligence of The AME Group

Cybersecurity Challenges Businesses Face Today

We sat down with our Chief Information Security Officer, Joe Danaher, to ask him about the cybersecurity challenges businesses face today.  Joe has spent his IT career navigating the HIPAA security compliance and in the past 6-7 years, as the threats from hackers have evolved, staying 1 step ahead.

 

What are some of the biggest cybersecurity challenges and risks that businesses are facing these days?

First, and unchanged is phishing. It is your biggest threat and is becoming more sophisticated.  Hackers aim to compromised O365 accounts and send malware to you from the accounts of people you know.  This makes it more difficult to spot Phishing.  If something seems odd, you need to confirm with the sender prior to opening any attachments or following any links. Secure attachments are used to trick users into downloading malware and giving up passwords to sites like O365, Amazon, Google.

Joe Danaher, CISO

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Data Breach Cost Calculator

WARNING The Results May Shock You

Sure, you might know that there are “some” monetary repercussions of suffering a data breach, like the costs associated with notifying the individuals involved, but what about the rest? Rely on word of mouth or referrals? Customers may not be so quick to refer to a company that compromised their data.

Exploitation

From paying the ransom to access your files or finding out you’ve experienced fraudulent wire transfers.

Fines & Penalties

Federal, State, and PCI can all impose fines and penalties on an organization when a security incident occurs.

Crisis Management

Financial damage is bad, but reputational damage is devastating. Gaining back lost trust is a hard pill to swallow.

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6 Surefire Ways of Improving Cloud Security

In 2018, a meager 72% of Information Technology (IT) companies offered disaster recovery services. More than ever before, businesses today have a lot of highly-sensitive cloud-stored data. Although some companies have on-premise servers, outsourcing IT services is more beneficial. One of the advantages is that outsourcing IT is cheaper. Moreover, outsourcing IT services means leaving the job to experts.

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4 Methods You Can Use To Keep Your Data Safe

Did you know that, according to the University of Maryland, a cyber attack happens every 39 seconds? With more and more information being kept digitally, the threat to your own data is large if you do not take preventative measures. This is why the managed services market is projected to reach 170 billion U.S. dollars worldwide by the end of 2019. If you’ve been curious about what measure you can take to keep your information protected, or want to know how you can upgrade your current IT security measures, check out these quick tips.

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