Tag Archive for: cyberattacks

Disasters come in various forms, from malicious cyberattacks to unexpected system failures to natural calamities. With these threats becoming increasingly common, businesses must navigate through a maze of myths and misconceptions surrounding disaster recovery. Here are the top six disaster recovery myths you should be aware of.

Myth 1: Disaster recovery is only necessary for large corporations

News outlets often report on major disruptions and disasters that impact big corporations because they make for great headlines. After all, corporations that are typically presumed to have several safeguards falling victim to disasters is a gripping story.

However, this has led to the misconception that only large corporations need disaster recovery plans. Cyberattacks, technical issues, and natural disasters affect businesses of all sizes, and no organization is immune to the potential damages. Whether it’s a small business with limited resources or a large corporation with an extensive IT infrastructure, having a disaster recovery plan in place is essential for keeping operations running smoothly.

Myth 2: Data backups are all you need for disaster recovery

Despite being a crucial component of disaster recovery, data backups are not sufficient on their own. A comprehensive disaster recovery plan encompasses backup solutions along with other critical elements such as disaster response protocols, alternate infrastructure options, and communication strategies. Companies with mission-critical systems may even need to set up a secondary worksite to ensure business continuity in the event of a disaster. Without a well-rounded plan in place, businesses risk losing valuable time and resources trying to piece together a recovery strategy in the midst of a disaster.

Myth 3: Disaster recovery is expensive and complex

While implementing a robust disaster recovery plan requires investment, it is not inherently prohibitively expensive or overly complex. Cloud-based data backups and disaster recovery solutions from managed IT services providers have made it more affordable and manageable for businesses of all sizes to have a comprehensive disaster recovery plan in place. Plus, the cost of a disaster recovery plan is significantly lower than the potential losses a business could face in the event of a disaster.

Myth 4: Only IT departments are responsible for disaster recovery

Disaster recovery planning should involve the entire organization, not just the IT department. While the IT team plays a critical role in implementing and maintaining disaster recovery solutions, it is essential for all employees to understand their responsibilities in case of a disaster. Business continuity planning should involve cross-departmental collaboration, awareness training for employees, and clear communication protocols during emergencies.

Myth 5: Achieving zero downtime and data loss is always feasible for disaster recovery

Although zero downtime and zero data loss are ideal scenarios for disaster recovery, they may not always be practical or achievable for every business. The cost and complexity of implementing such high levels of resilience can be prohibitive for many organizations.

Instead, businesses should establish realistic recovery objectives based on their specific needs and prioritize the most critical systems and data for recovery. Less critical systems and data may have a longer recovery timeframe, but as long as the most vital functions are restored quickly, the business can continue to operate.

Myth 6: Disaster recovery planning is a one-time task

Disaster recovery planning isn’t something that can be checked off a to-do list and forgotten about. Business environments evolve, new threats emerge, and technology advances, making it crucial to revisit and revise the recovery plan periodically. Conducting regular assessments, testing procedures, and incorporating lessons learned from simulations or real incidents are essential for maintaining an effective disaster recovery strategy.

If you want a truly effective disaster recovery plan that’s not based on myths and misconceptions but rather on hard data, contact us today. We provide comprehensive disaster recovery planning and solutions that can help your business mitigate risks, reduce downtime, and ensure minimal loss in case of a disaster.

If you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment

Published with consideration from TechAdvisory.org SOURCE

Many see security as a barrier, not a business enabler

Despite news of devastating cyberattacks breaking almost daily, many business leaders still fail to see the full value a strong cybersecurity posture brings to their organization, new research has found

This is according to Risky Rewards, a new report published by cybersecurity experts Trend Micro polling more than 2,700 business decision-makers in companies with 250+ employees across 26 countries, finding that around half (51%) see cybersecurity is a “necessary cost but not a revenue contributor”.

At the same, a somewhat similar percentage – 48% – claim cybersecurity’s value is “limited” to attack and threat prevention. For nearly two-fifths (38%) cybersecurity is a barrier, not a business enabler.

Winning new clients

“If organizations want to make the most of their security investments, business leaders must reframe their view of cybersecurity – to think more broadly about how it can positively impact the enterprise,” commented Jon Clay, VP of threat intelligence at Trend Micro.

“This research shows it’s clearly a critical component of winning new business and talent. At a time when every dollar/penny counts, it’s concerning to see stereotyped views of security persist at the very top.”

Further in the report, Trend Micro claims 81% worry that a poor cybersecurity posture could hurt their ability to close new clients. In fact, for 19% this already happened. What’s more, 71% of business decision-makers are being asked about their cybersecurity posture in negotiations with potential customers and suppliers, with 78% admitting the questions are getting more frequent.

Cybersecurity has also become pivotal for talent acquisition. Almost three-quarters (71%) said remote and hybrid working offerings are now essential for talent acquisition. For 83%, current security policies affect remote employees’ ability to do their jobs, with 43% saying current security policies prevent employees from working remotely. Also, 54% said their policies restrict what devices and platforms employees can use for work.

Finally, two-thirds (64%) of business decision-makers confirmed they’re planning on increasing their security budgets this year.

If you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment

Published with consideration from TechRadar SOURCE

Decryptors

There are several ransomware decryptors now, thanks to communities of white hat hackers concerned about increasing ransomware attacks worldwide. While some of these decryptors do come with a price, the rest are free or for a minimum donation.

The state of ransomware in 2021 so far

Businesses need to deal with ransomware both from outside and within. On one hand, there are more cybercriminals trying to infiltrate your network. On the other hand, careless and unknowing staff can easily let ransomware enter your network. For instance, employees may be tricked into providing their access credentials in phishing sites, or they may click links to websites that upload ransomware downloaders onto their machines.

The statistics are sobering. Ransomware cost businesses more than $75 billion per year. Over the past two years, ransomware attacks have increased by over 97%. And compared to the first two months of 2017, ransomware campaigns that were initiated from phishing emails increased by 109% in the same span of time this year.
According to studies, there will be a ransomware attack targeting a business every 11 seconds in 2021. That is up from every 14 seconds in 2019, and every 40 seconds in 2016. And the trend is that the rate will continue to increase over the years.

Zombie ransomware is easy to defeat

Not every type of infection is targeted to individual organizations. Some infections may result from self-propagating ransomware strains, while others may come from cyberattackers who are hoping targets become so scared that they pay up before doing any research on how dated the strain is and how to remove it.

No matter what the circumstances of your infection are, always check the following lists to see whether free decryption tools have been released to save you a world of hurt:

Prevention

But even when you can get your data back for free, getting hit with ransomware is no walk in the park. There are essentially three basic approaches to prevent ransomware:

  • First, train your employees about what they should and shouldn’t open when browsing the web and checking email.
  • Second, back up your data as often as possible to quarantined storage. As long as access to your backed-up data is extremely limited and not directly connected to your network, you should be able to restore everything in case of an infection.
  • Finally, regularly update all your software solutions (operating systems, productivity software, and antivirus). Most big-name vendors are quick to patch vulnerabilities, and you’ll prevent a large portion of infections just by staying up to date.

Whether it’s dealing with an infection or preventing one, the best option is to always seek professional advice from seasoned IT technicians. It’s possible that you could decrypt your data with the tools listed above. In reality, most ransomware strains destroy your data after a set time limit, and you may not be able to beat the clock. And even if you do, you probably won’t have the expertise to discern where your security was penetrated.

Don’t waste time fighting a never-ending stream of cyberattacks — hand it over to us and be done with it. Call us today to find out more.

If you are looking for an expert to help you find the best solutions for your business talk to GCInfotech about a free technology assessment

Published with consideration from TechAdvisory.org SOURCE