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Essential Cyber Security Guide for Small Business

IT Cybersecurity incidents have a devastating impact on business and small home offices with an average loss in 2019 costing over $330,000 per incident according to London insurer Hiscox (who have a vested interest in selling cyber insurance). However, the loss of data and reputation can't be quantified. Which is why professional service companies are such a sweet target.

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RANSOMWARE TO PAY OR NOT TO PAY?

Ransomware, surprisingly amateur, but very effective, has been the simple bitcoin message 'We have been watching you, on your laptop, you are a very sick boy'. The email simply tells you, they have been watching you on your webcam, and they have the evidence which will be posted online if you don't pay them immediately.

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Police warn Business to watch for email, invoice scams.

Businesses have been warned of an internet email scam which has seen fraudsters steal €650,000 from two commercial companies recently.

They were settling what looked like legitimate invoices from real suppliers. One company lost €200,000 and the other €453,000, gardaí said on Monday.
 

The criminals send emails to businesses and individuals from whats looks like the real supplier. The emails request firm to change the bank account details on record for the supplier to a new bank account, controlled by the criminals.

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Allianz, The German Insurer, says Cyber threat, IT Failure is a bigger threat than Fire, Theft, Flood.

In this article, we want to discuss hosted endpoint protection and explain why you should be seriously considering it. Hackers and online criminals are not sophisticated people, they regard everybody as fair game. One of the most productive areas for them to attack is the SMB sector especially small-business. This is sadly highlighted by the number of small American towns which have been completely shut down by IT criminals and cybercrime gangs mainly from ransomware attacks.

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