The FBI recently released a warning to all US organizations to be cautious with unsolicited mails with USBs. The agency says that cyber actors use this new trick to introduce malware into corporate networks. This article explains how these malware-infected USBs work, who is responsible and highlights how to keep your Chicagoland organization safe from ransomware.
Several cyber liability insurance providers now require businesses to adopt multi-factor authentication to qualify for coverage. Here's why and how to meet the MFA mandates.
VIDEO: The Number One Thing You Better Have For Cyber Insurance | LeadingIT 064
Data Breaches Are on the Rise
According to Gartner, the global information security market will skyrocket to a record $170.4 billion this year.
Recent research by Verizon shows that over 86% of data breaches are financially motivated. A similar study by CSO Online estimates the average cost of each cyberattack to be about $3.9 million. According to IBM, this figure could be as high as 8.64 million in the U.S. The bad news is that almost 70% of business executives feel that their cybersecurity risks are increasing by the day.
As cyberattacks continue increasing in volume and severity, cyber liability insurance providers are getting keener on organizations' security postures. The stronger your intrusion detection and prevention systems are, the cheaper your policy is likely to cost.
It's almost impossible to scan through any news website today without finding an article on a recent data breach. And in each publication, you'll read about how the breaches inconvenienced and devastated the affected businesses.
Cyberattacks are inarguably every modern-day business leader or owner's most significant concern.
We live in the information age where technology is a do-or-die for businesses. Technology can help organizations improve business agility, enhance staff coordination and collaboration, automate production processes, increase revenue streams, and the list goes on and on.
Top 250 MSSP announces its second MSP acquisition in Chicagoland
Chicago, IL (February 1st, 2022): LeadingIT, a Chicagoland cybersecurity and IT support company, announced today the acquisition of Dura-Tech Enterprises, a cyber focused technology solutions provider based in Manteno, IL, working with businesses to protect their organization and improve their technology in the South Chicagoland area.
Your passwords are the primary line of defense in safeguarding your sensitive data from unauthorized access. They act as barriers between the bad guys and the organization's systems. According to the 10th edition of Verizon's Data Breach Investigation Report, over 80% of hacking-related breaches begin with compromising passwords.
According to a recent study by Beyond Identity, approximately 25% of employees can still access their past workplaces accounts and emails. What's even more worrying from the report is that over 41% of these employees admitted to sharing their former workplace logins.
According to Cybersecurity Ventures, businesses record a new ransomware attack every 11 seconds. With Symantec estimating that the U.S. accounts for up to 18.2% of global ransomware incidences, there is enough reason for your Chicagoland business to be concerned.