A new global survey titled "Cybersecurity: The Human Challenge" (reference) essentially found that organizations are never the same after they've experienced a ransomware attack. In line with these findings, the survey also found that how IT managers anticipate and handle future cyberattacks also changed significantly based on whether the organization had previously experienced a ransomware attack.
To prevent a major data leak, the University Hospital New Jersey in Newark, New Jersey, paid $670,000 to dissolve a ransomware attack (source). Paying the ransom prevented 240 GB of stolen data (which included a large amount of patient data) from being publicly published.
With all this talk of increased cybersecurity measures and vulnerability to phishing attacks, you may be wondering: what are the most vulnerable departments and sectors to phishing attacks?
The entire motivation behind cyber attackers is to identify and pursue system vulnerabilities and illegally access sensitive data--whenever and wherever they can get their hands on it.
The US Department of Treasury's Office of Foreign Assets Control (OFAC) stated the following on October 1, 2020:
Companies that facilitate ransomware payments to cyber actors on behalf of victims, including financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response, not only encourage future ransomware payment demands but also may risk violating OFAC regulations.
Where are we in the world of cybersecurity? It’s easy to miss the cybersecurity threats and attacks happening right in our “backyard”. Our goal at PK Tech is to educate and offer proactive steps for cybersecurity safety. It’s important to be aware--without being afraid--of the cybersecurity threats that are real threats for your business.
Among the large variety of industries we currently work with and have worked with in the past, we have helped several dental practices set up proper cybersecurity measures and smooth IT operations. In our years of practice, we've learned a few essential tips for the dental industry that we think you will find helpful.
COVID-19 has caused a growing strain on small to medium-sized businesses due to a greater need for cybersecurity in an increasingly remote work era. As the landscape has quickly changed since the pandemic lock-downs began in March, a disconnect has developed between small businesses and their budgeting for cybersecurity needs.
One thing is for sure, when it comes to ransomware, it does not care what industry you’re in: everyone is at risk. In the first quarter of 2020, cyber insurance claims range from $1,000 to over $2 million per cybersecurity incident. Overall, ransomware accounted for a staggering 41% of all cyber insurance claims (Source).
Did we get your attention?
These findings were recorded and published by one of the largest cyber insurance providers in North American, Coalition.
We only get one planet earth. That’s why, at PK Tech, we believe in doing our part as a business to reduce environmental impact through small, thoughtful actions on a daily basis. You may think your business is “just” a small business, but imagine if every small business did just one thing that positively impacted the environment? The net sum would be powerful!
Here are 7 Ways Your Business Can Reduce Its Environmental Impact.
Microsoft's August patch Tuesday Windows Updates included the following gem that's described as "one of the most severe bugs ever reported to Microsoft".
The Zerologon attack targets Microsoft's on-premise Active Directory product, which is used by 90%+ of all organizations worldwide.
