- Posted by Alliance Technologies
- On June 28, 2021
Is ransomware the new Boogeyman? Is it lurking out of sight and out of mind until something happens you wake up and read about it? He is real and he is doing more than making people lose sleep. Companies are losing tens of millions in ransoms and spending who knows how much to investigate and remediate after the fact, but the forgotten cost that you cannot accurately quantify is the cost of being completely down while you figure out what happened and how to get back to normal.
Security has always been a conversation with our clients, but now more than ever they are taking measures to manage this constant and growing risk. JBS ($11 million) and Colonial Pipeline ($90million) are the more notable recent examples of this and now that the White House is weighing in, it is part of our daily discussions.
Andrew Morrison of Deloitte said it best “Now, most organizations understand that cybersecurity is not a problem to be solved, but a risk to be managed.”
At a high level, security can be broken into 3 key categories:
- Email – Almost all breaches that take place are done via some form of email event – nearly everyone what “phishing” is but without the proper email filtering to block potentially harmful emails and a security awareness training program you are still at high risk as the sophistication of these attempts continues to make it difficult on us all.
- Endpoints – To be frank, out-of-the-box antivirus does not exactly cut it anymore. Companies need more than that, and with the available options such as Artificial Intelligence that can detect new variants of viruses now is the time to talk to someone about what you currently have.
- Monitoring – If you have 1 & 2 in place, you are still not bulletproof. Companies need to have the ability to stop attacks live in real-time be it servers, endpoints, Office 365, or cloud platforms 24 hours a day, 7 days a week, and 365 days a year before they get too far.
When properly implemented, all 3 of these can operate in the background without anyone within your business having to manage or monitor.
Contact us today to schedule a zero-obligation review of your current strategy. Let us help you manage the risk of the Boogeyman.