Microsoft released a security update in March to confront the latest WannaCry attack, but many businesses haven’t gotten around to patch their systems. Are You One Of Them? It doesn’t matter how large your business is—small businesses have been a growing target for hackers.
The unprecedented world-wide reaching WannaCry attack shocked security experts around the world late last week when the WannaCry malware started attacking computers and crawling networks, leading to over 200,000 systems infected—infecting large and small businesses alike (and the numbers are growing as the malware is yet uncontrolled!).
While recent malware attacks—varieties of CryptoLocker and CryptoWall wreaked similar havoc in recent years, WannaCry is by far the most severe attack of 2017 and the spread of infection is far from over. In this post, I want to clue you in on what we’ve been monitoring for the past few days and give you some concrete actions to protect your business from infection (from WannaCry and other attacks).
But First, What is WannaCry?
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The best way to learn good password hygiene is to think like a hacker.
Generally, a hacker can guess your passwords as fast as his computer will process them—as computers get faster, so does the time it takes to crack your systems! When a hacker attempts to break into your network, he or she will likely run through a very systematic process aimed at cracking simple passwords (though phishing employees has become all too common a tool as well!). The scary thing that most businesses don’t realize is that more often than not, their weak passwords are the easiest way into their network (alongside making sure their systems are updated and patched regularly, of course!). While there are many password related issues that can cause serious security problems for your business (especially if you handle sensitive data), such as shared administrator passwords and repeatedly using the same password for multiple logins, today I want to focus on weak and insecure passwords that, if left in place, are a sure way modern hackers will eventually get into your systems—without you even knowing anything’s wrong!
As some of you already know, we have moved our Nashville office to a bigger space that makes it easier to support our growing number of raving fans (We currently have 14,307 raving fans!) in and around Nashville, TN.
In case, you’re wondering, our Nashville office is now located just a mile from its original location at:
Dynamic Edge, Inc.
615 Main Street Suite 101
Nashville, TN 37206
Over the last 6 months we have seen a 304% increase in cyber-attacks on organizations ranging from 10 to 250 users. Dynamic Edge focus on network security, but that isn’t the only reason we are growing…
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With the new administration’s intended border tax proposals, many companies of all sizes have been focused on re-planning their moves abroad. Special attention of late have gone to manufacturing companies like Toyota, Ford and Carrier. But outsourced technical work will likely be hit hard too! Among those listening the closest have been off-shored IT services and programming.
Major Hi-Tech Companies Meet To Discuss Impact on Off-shored IT
President Trump’s proposed border tax will assuredly impact the IT industry heavily. Relying both on H-1B visa holders as well as off-shored workers to fulfill IT support and customized programming demands, new border taxes will hit your bottom line if you offshore your IT in any capacity. In a meeting attended by leading business leaders in technology, including the founder of Dell Computers, Michael Dell, President Trump underscored that “if you go to another country, we are going to be imposing a very major border tax”. The actual numbers are expected to be seen in the coming months.
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Perhaps a hundred years ago, you’d not expect running water or think electricity as a complete luxury. But nowadays could you imagine having to pump a well, then heating your bath water (probably no quick shower!) daily to get ready for work instead of having running water at the turn of a faucet? And could you live by candle light without lights, toasters, microwaves? Likely anyone reading this blog (on a computer or smart phone) couldn’t imagine life without either electricity or water.
My next question: could you choose between protecting your business, its data, staff and future? Could your business live without technology (and much needed support that comes with ever changing technology)?
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Check out Bruce Giving Expert Advice To Michigan CPAs. Bruce will be hashing through the security fundamentals that every business need to have in place to (1) avoid compliance risks and (2) protect sensitive data from hackers’ eyes.
Bruce’s talk entitled “HIPAA, Third-Party Vendor Management and Cybersecurity: Side Effects Include” is aimed at CPAs to ensure they know steps to take to protect their healthcare clients from being susceptible to undue risk.
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