THE GENUSYS GROUP BLOG

If cyber criminals spent as much time on positive innovations as they do on harmful innovations the world would might be a better place. Unfortunately, that is not the case. The Gartner Group estimates that spending on Cyber Security will grow to around $93 billion this year and for good reason. It is estimated that cyber crimes have cost businesses and other organizations $50 billion in just the past 5 years.

With cyber attacks becoming more sophisticated, seemingly on a daily basis, protecting your business should be a top priority if it isn’t already.

Below are five threats that every business should know about and steps that can be taken to help protect against them.

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Recently a situation arose that showed why understanding the differences between a full, differential and incremental backup and understanding the role of each in a backup strategy is imperative to avoid catastrophe.

Full backups take time and, if there is a lot of data, time and disk space. To reduce the amount of time and disk space a backup uses, backup vendors implemented differential and incremental backups. In the case mentioned above there was a large amount of data that didn’t change often so the owner of the data created a backup relying on incremental backups to save space. When we took over the account we reviewed the backup process. Sure enough the backup ran every day creating an incremental backup in half an hour. Everything appeared fine. No errors or notifications. It was a false sense of security. The reason why is at the end of the post.

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Every year, Webroot analysts and threat researchers take a look at the cyber threat trends that have emerged over the previous year. Because they protect more than 40 million endpoints and have a threat intelligence platform capable of integrating information from billions of URLs, domains, IP addresses, files, and mobile apps, Webroot has the capacity to dive deep into the real-world threat landscape.

Their observations should be uppermost in business owners minds as they access the threats that their business face.

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IT security concerns are a growing focus of many meetings we have with managers and business owners. The focus on IT security stems from two areas. 1) the constant drumbeat of news concerning hacks, databreaches and ransomware attacks. 2) questions and requirements regarding internal security practices are coming from insurance companies, banks and connected customers. Very quickly the need to be able to demonstrate that your organization’s internal security practices are up to par are becoming a requirement to do business.

For businesses that are finding themselves facing questions from customers and vendors we’ve put together a list of security questions that all businesses should review in detail with their IT service provider to begin to provide a strong baseline assessment to facilitate being able to confidently address their security concerns.

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Email, the life blood of many businesses. Without email business would screech to a halt. But, it is through this door that most compromising security threats come through. According to one email security vendor, Cyren Technologies, a gap analysis run on emails delivered to users mailboxes after passing spam and virus filters revealed a scary gap between what is presumed safe and what is actually safe.

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As a business owner, there are a plethora of cyber security threats that your business faces on a day to day basis. One threat that we constantly see are phishing scams. The scams are simple but, they are also highly effective at tricking a user into giving up private information. It doesn’t take much to compromise a system and even the simplest clue, such as a username and/or password can be all the information that an enterprising hacker needs to compromise your systems.

For this reason it is imperative that you and your employees be hyper aware of phishing schemes and the best ways to avoid them.

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