Category: Cybersecurity

What Is an MSP (And How to Choose the Right One for Your Business)

By

On December 15, 2021

In Business Continuity, Cybersecurity, IT Management

Managing data and IT solutions in-house can be challenging and expensive. That’s why many organizations turn to MSPs.

Digitalization has forced businesses to alter their operations and make IT a huge part of their day-to-day affairs. Still, some owners can’t cope with the change effectively, so they hire a managed service provider, or MSP, to take care of the work. 

But what exactly is an MSP? 

Simply put, this is a third-party company you can collaborate with to help manage parts of your business, such as your IT or cloud needs. It provides technology and expertise to boost your organization’s scalability. 

Working with MSPs can have tremendous benefits for your enterprise. 

For instance, their profound understanding of cutting-edge technology can help you improve performance, operations, and security while reducing overheads. In addition, they can offer several creative solutions to help you navigate the evolving landscape of the big data world. 

But the strongest suit of any MSP is usually their ability to deliver tailor-made solutions that fit your company perfectly. 

Their expertise allows them to analyze your business thoroughly and render their services according to your strengths and weaknesses. Plus, they consider the regulatory environment and compliance to safeguard against legal issues. 

Another great thing about MSPs is that they can support your business even after hours. 

They offer support measures and staff to maintain and protect your organization 24/7. MSPs can even tap into your system to resolve issues and deploy updates without going to your office using remote technology. 

Overall, MSPs can help take your company to the next level. However, you can’t work with just any service provider. You need to select the right team for your enterprise, and this article will show you how.

CHOOSING AN MSP – WHAT TO LOOK FOR

Hiring an MSP shouldn’t be a hasty decision. Instead, you want to take a variety of factors into account.

Here are the six important factors to keep in mind: 

FACTOR #1. THE MSP’S TRACK RECORD

Prospective MSPs should provide case studies and success stories to demonstrate they’re suitable for your business. You can also look for testimonials, references, and endorsements. These will help you determine if the team has been operating for a while and if their reputation is solid. 

Working with a reputable MSP can give you peace of mind with the knowledge that your system will be appropriately managed. Moreover, you’ll feel confident that the MSP will do all in its power to preserve its name. 

The MSP’s success hinges on yours in some respect, which is why they’ll view you as a valuable partner. 

FACTOR #2. THE RANGE OF SERVICES IT PROVIDES

MSPs offer a wide array of services. Some teams are full-service companies, meaning they address your cloud and IT needs comprehensively. In contrast, others may help you with different pieces of your tech puzzle. 

Therefore, consider your needs carefully and ensure your MSP can meet them. 

Regardless of your service package, the MSP needs to keep up with the latest technology trends. Otherwise, numerous security issues may compromise your company and allow the competition to prevail over you.

FACTOR #3. SUPPORT

As previously indicated, MSPs can work round the clock to ensure your business is compliant and maintained adequately. However, they should also increase their support quickly and adjust staff schedules as your company grows. 

That’s why you should consider an MSP that offers training for your employees.

It lets them understand the necessary changes and encourages them to train other team members as they join your business. But if your employees are too busy, you can instruct the MSP to carry out all the training.

FACTOR #4. RESPONSE TIME

Your network can go down for any number of reasons, preventing your employees from working and your clients from reaching you. This situation can even cripple your reputation, customer base, and revenue. In the worst-case scenario, it can even make you shut down your business. 

Fortunately, a high-quality MSP can help you avoid this scenario. They can identify threats to your system and neutralize them before hurting your company. 

Moreover, if an incident takes place, they should respond immediately. They need to mitigate the risks as soon as possible to keep your organization from crumbling.

FACTOR #5. SECURITY AND BACKUP

One of the most important duties your MSP should perform is to shield your data from cyberattacks. This is critical to protecting your company and customers. Besides, safe data storage might be mandatory in your industry, which is why your IT department could use all the help they can get. 

Once you work with an MSP, they should recommend robust security solutions and endpoint protection to combat harmful software. And throughout their engagement, they should consider compliance to help prevent legal issues. 

Another major part of their mission should be the implementation of backup software. It enables you to retrieve your data in case of a breach. Such implementation may involve automation, a restoration plan, and a no-downtime policy. 

With a failproof backup and security strategy in place, you should be able to run your company more confidently. The risk of downtime will be drastically lower, allowing you to operate smoothly, maintain high sales, retain customers, and preserve your brand.

FACTOR #6. GUIDANCE ON WORKFLOW OPTIONS 

Your MSP shouldn’t just deal with cybersecurity – they should also suggest adopting the best practices across the entire tech landscape. 

For example, they should advise you on various CRM solutions and project management applications. They should also help you revamp your approach to workflow and data to create efficiency in all departments. 

The fact is, you can yield tremendous results from their guidance. Your team can work faster, collaborate in real-time, and be more tech-savvy. 

RECRUIT YOUR MSP CAREFULLY

While price is important when selecting an MSP, it pales in comparison to all the factors listed above. Be sure they’re a perfect fit for your enterprise, even if you need to pay more. 

With high expertise, customized services, and an understanding of threats, a reputable team can help you stay ahead of your competitors. 

If you need more assistance choosing your MSP, get in touch with our experienced team. Let’s schedule a quick 15-minute chat and figure out the ideal MSP for your company.

Article used with permission from The Technology Press.

Explaining Cybersecurity Audits (And the Three Tips for Running One)

By

On November 11, 2021

In Cybersecurity, IT Management

You need more than the latest antivirus software to ensure your company’s network is secure. A cybersecurity audit helps you create a complete picture of your security strategy.

Cybercrime has grown into one of the epidemics of modern times. 

In 2018 alone, we saw 812.67 million instances of malware infection. Meanwhile, 2020 brought with it a 600% increase in cybercrime. And estimates state that ransomware attacks will cost companies over $6 trillion per year by 2021.

If you don’t prioritize cybersecurity, you place yourself and your company at risk of attack.

Now, it’s likely that you already have some strategies in place to combat hackers and other malicious cyber forces. However, you also need to feel sure that the measures you have in place are sufficient.

That’s where cybersecurity audits become important.

In this article, we examine what cybersecurity audits are and share some crucial tips for running one in your company.

WHAT IS A CYBERSECURITY AUDIT?

Think of an audit as a comprehensive examination of every cybersecurity strategy you’ve put in place. You have two goals with the audit:

  • Identify any gaps in your system so you can fill them.
  • Create an in-depth report that you can use to demonstrate your readiness to defend against cyber threats.

A typical audit contains three phases:

  1. Assessment
  2. Assignment
  3. Audit

In the assessment phase, you examine the existing system. 

This involves checking your company’s computers, servers, software, and databases. You’ll also review how you assign access rights and examine any hardware or software you currently have in place to defend against attacks.

The assessment phase will likely highlight some security gaps that you need to act upon. And once that’s done, you move into the assignment. 

Here, you assign appropriate solutions to the issues identified. This may also involve assigning internal professionals to the task of implementing those solutions. However, you may also find that you need to bring external contractors on board to help with implementation.

Finally, you conclude with an audit. 

This takes place after you’ve implemented your proposed solution and is intended as a final check of your new system before you release it back into the company. This audit will primarily focus on ensuring that all installations, upgrades, and patches operate as expected.

THE THREE TIPS FOR A SUCCESSFUL CYBERSECURITY AUDIT

Now that you understand the phases of a cybersecurity audit, you need to know how to run an audit effectively such that it provides the information you need. After all, a poorly conducted audit may miss crucial security gaps, leaving your systems vulnerable to attack.

These three tips will help you conduct an effective cybersecurity audit in your company.

TIP #1 – ALWAYS CHECK FOR THE AGE OF EXISTING SECURITY SYSTEMS

There is no such thing as an evergreen security solution.

Cyber threats evolve constantly, with hackers and the like continually coming up with new ways to breach existing security protocols. Any system you’ve already implemented has an expiration date. Eventually, it will become ineffective against the new wave of cyber threats.

This means you always need to check the age of your company’s existing cybersecurity solutions.

Make sure to update your company’s systems whenever the manufacturer releases an update. But if the manufacturer no longer supports the software you’re using, this is a sign that you need to make a change.

TIP #2 – IDENTIFY YOUR THREATS

As you conduct your company’s cybersecurity audit, continuously ask yourself where you’re likely to experience the most significant threat.

For example, when auditing a system that contains a lot of customer information, data privacy is a crucial concern. In this situation, threats arise from weak passwords, phishing attacks, and malware. 

More threats can come internally, be they from malicious employees or through the mistaken provision of access rights to employees who shouldn’t be able to see specific data.

And sometimes, employees can leak data unknowingly.

For example, allowing employees to connect their own devices to your company network creates risk because you have no control over the security of those external devices.

The point is that you need to understand the potential threats you face before you can focus on implementing any solutions.

TIP #3 – CONSIDER HOW YOU WILL EDUCATE EMPLOYEES

You’ve identified the threats and have created plans to respond.

However, those plans mean little if employees do not know how to implement them. 

If you face an emergency, such as a data breach, and your employees don’t know how to respond, the cybersecurity audit is essentially useless.

To avoid this situation, you need to educate your employees on what to look out for and how to respond to cybersecurity threats. This often involves the creation of a plan that incorporates the following details:

  • The various threat types you’ve identified and how to look out for them
  • Where the employee can go to access additional information about a threat
  • Who the employee should contact if they identify a threat
  • How long it should take to rectify the threat
  • Any rules you have in place about using external devices or accessing data stored on secure servers.

Remember, cybersecurity is not the IT department’s domain alone. It’s an ongoing concern that everybody within an organization must remain vigilant of. 

By educating employees about the threats present, and how to respond to them, you create a more robust defense against future attacks.

Audits Improve Security

Cybersecurity audits offer you a chance to evaluate your security protocols. 

They help you to identify issues and ensure that you’re up-to-date in regards to the latest cybersecurity threats. And without them, a business runs the risk of using outdated software to protect itself against ever-evolving attacks.

The need to stay up-to-date highlights the importance of cybersecurity audits.

However, your security solutions are not one-and-done. They require regular updating and re-examination to ensure they’re still fit for the purposes you’re using them for. As soon as they’re not, there will be vulnerabilities to your business that others can exploit.

Audits improve cybersecurity.

And improved cybersecurity means you and your customers can feel more confident.

If you’d like to conduct a cybersecurity audit but you’re unsure about whether you have the skills required to do so correctly, we can help. We’d love to have a quick 15-minute no-obligation chat to discuss your existing systems and how we may be able to help you to improve them.

Article used with permission from The Technology Press.

Creating an IT Compliance Policy – The 7 Things You Need to Consider

By

On October 11, 2021

In Business Continuity, Cybersecurity, IT Management

Conducting business operations in the digital world is prone to security risks. Mitigating them would be impossible if you don’t have an IT compliance policy.

Setting up a robust IT compliance policy in your business is more important now than ever. And it’s because most organizations now depend on digitized services. 

Online companies rely on e-commerce websites to do business by taking orders and receiving payments. Even brick-and-mortar organizations utilize software to perform various activities, such as order management and back-office accounting. 

In such tech-driven environments, a lack of proper security measures jeopardizes the business leader’s position. Their IT systems get abused, and their technology often becomes a source of scandals. 

The only way to avoid this possibility is to create a strong IT compliance policy. 

This article will cover key considerations when developing your system of IT compliance.

WHAT YOU NEED TO CONSIDER FOR IT COMPLIANCE POLICIES

FACTOR #1 – PEOPLE, PROCESSES, AND HOW THEY ALIGN TO TECH

IT compliance isn’t just about technology – it also involves people and processes. And the reality is that many organizations focus heavily on their tech, resulting in failed audits due to their failure to consider the other two aspects. This makes the compliance world more complex. 

Taking the correct approach can help ensure your enterprise abides by the necessary standards. 

FACTOR #2 – RELEVANT LAWS AND REGULATIONS

Laws and regulations stipulate the policies that govern IT compliance requirements. Here are the most common ones: 

  • The Sarbanes-Oxley Act – regulating financial reporting
  • The Gramm-Leach-Bliley Act – governing non-public personal information and financial data
  • The Health Insurance and Accountability ACT – regulating health information that healthcare organizations process

Ultimately, you can’t start your compliance process without understanding the laws and regulations applicable to your organization.

You should also ascertain the controls that apply to these laws and regulations. They are process-oriented and technical means to adhere to your policies. 

There are various industry and government standards that specify them, including: 

  • Control Objectives for Information and Related IT 
  • National Institute of Standards and Technology 
  • Payment Card Industry Data 

These can have a massive bearing on your sector. Therefore, make sure to familiarize yourself with all relevant controls.

FACTOR #3 – RAISING EMPLOYEE AWARENESS OF THE IMPORTANCE OF THE POLICY

One of the biggest threats to your data security is having untrained employees. Their actions can have a huge impact on cybersecurity. For instance, improper software upload, sharing, download, and storing can jeopardize critical information.

The reality is, many employees opt for insecure data transfer methods due to their convenience. Some of the tools they use are personal emails, consumer-grade collaboration apps, and instant messaging. All of these are ideal targets for cybercriminals. 

To prevent your business from becoming a victim, your users must learn and understand where various threats originate from. They should especially understand the actions that can give rise to vulnerabilities. 

Making file sharing a top priority and investing in proper education demonstrates the significance of IT compliance. Your efforts can help team members willing to adopt the best practices in this field. 

When developing your training plan, make sure to include several key topics: 

  • How insecure file transfer methods expose your company to risks 
  • Avoiding phishing scams
  • Precautions to exercise before using or downloading unsanctioned applications
  • The conditions for using and creating strong passwords.

FACTOR #4 – HOW YOUR IT POLICY ALIGNS WITH THE COMPANY’S SECURITY POLICIES

Aligning IT compliance with your business operations involves understanding the culture of your organization. For example, your environment can revolve around either processes or ad-hoc ways of doing things. 

Enterprises aligning with the former are best off issuing in-depth policies to ensure compliance. 

By contrast, companies that match the latter require detective and preventive controls. They need to address specific risks associated with your policy. It helps various auditors understand why you’ve deployed a particular control or decided to face certain risks. 

FACTOR #5 – UNDERSTANDING OF THE IT ENVIRONMENT

IT environments directly affect your IT policy compliance design. That said, there are two main kinds of environments: 

  • Homogeneous environments – These consist of standardized vendors, configurations, and models. They’re largely consistent with your IT deployment. 
  • Heterogeneous environments – The other type uses a wide range of security and compliance applications, versions, and technologies. 

Generally, compliance costs are lower in homogeneous environments. Fewer vendors and technology add-ons provide less complexity and fewer policies. As a result, the price of security and compliance per system isn’t as high as with heterogeneous solutions.

Regardless of your environment, your policy needs to appropriately tackle new technologies, including virtualization and cloud computing. 

FACTOR #6 – ESTABLISHMENT OF ACCOUNTABILITY

IT policy compliance doesn’t function without accountability. It entails defining organizational responsibilities and roles that determine the assets individuals need to protect. It also establishes who has the power to make crucial decisions. 

Accountability begins from the top and encompasses executives. And the best way to guarantee involvement is to cast IT policy compliance programs in terms of risks instead of technology. 

As for your IT providers, they have two pivotal roles: 

  • Data/system owners – The owner is part of your management team that’s responsible for data usage and care. Plus, they’re accountable for protecting and managing information. 
  • Data/system custodians – Custodial roles can entail several duties, such as system administration, security analysis, legal counseling, and internal auditing. 

These responsibilities are essential for IT policy compliance. For example, auditors need to carefully verify compliance activity execution. Otherwise, there’s no way to ensure the implementation is going according to plan.

FACTOR #7 – AUTOMATION OF THE COMPLIANCE PROCESS

Your IT continually evolves and grows. Internal auditors can only review a small number of user accounts and system configurations. 

Automation is the only way to ensure you can evaluate enough systems regularly. 

BREEZE THROUGH YOUR BUSINESS’S IT COMPLIANCE

Setting up well-designed IT compliance may be a long process, but it can make a world of difference in terms of business security. It keeps your business reputation intact and allows you to avoid penalties and fines. 

However, you’ll need to pay special attention to several aspects. And one of the most significant ones is your IT provider. 

If your IT isn’t living up to its potential, you’re bound to face compliance issues. This can cause tremendous stress and halt your operations. 

Luckily, there might be an easy way out of your predicament. Schedule a quick chat with us to discuss your IT problems and find out how to get more out of your provider.

Article used with permission from The Technology Press.

Is Your Data Secure? 8 Best Practices for Vetting Cybersecurity Vendors

By

On August 10, 2021

In Cybersecurity, IT Management

An effective way to bolster your business’s data security is to work with a Managed Service Provider (MSP) or I.T. Service Provider (ITSP). They address network vulnerabilities to prevent cybercriminals from exploiting them.

Besides monitoring and organizing your servers, a Managed Service Provider (MSP) or I.T. Service Provider (ITSP) plays a pivotal role in the cybersecurity program of your business. They implement several strategies to shield your network from attacks and protect your data. 

For instance, many providers use email authentication protocols to monitor your server’s vulnerabilities. They can keep users from accidentally accessing malicious websites by determining spam emails containing malware or viruses. This results in enhanced system security. 

Another common practice is training your employees to ensure they follow the highest security standards. This is especially important if you have remote team members since there’s no way to keep track of their activities. To tackle this issue, an MSP or ITSP teaches your staff how to operate safely to avoid harm to your company’s infrastructure and reputation. 

On top of that, an MSP or ITSP can neutralize various threats due to their proactive approach. They offer several tools such as firewalls and endpoint detection to control the traffic and stave off cyberattacks. Also, they can install antivirus software and email security to stop intrusion attempts. 

Needless to say, an MSP or ITSP can shield you from a wide array of cybersecurity issues. But it’s vital to work with the right provider. 

To ensure this happens, you should look for and abide by the best practices for an MSP or ITSP in the cybersecurity space. This article will examine what they are. 

THE 8 BEST PRACTICES

PRACTICE #1 – ENFORCE MULTI-FACTOR AUTHENTICATION (MFA)

Cybercriminals are becoming proficient at accessing your credentials, so it’s critical to enable MFA for all your users. 

It consists of three elements: a password, security token, and biometric verification. Consequently, if attackers breach one security layer, they’ll still have to do a lot of digging to access your information.

PRACTICE #2 – MAKE PATCHING A PRIORITY

Application and operating system exploits are common. Hackers target them to access your system and compromise your data, but you can prevent this through regular patching. 

Making sure your system is up to date with the latest security standards decreases the risk of exploitation. 

PRACTICE #3 – CONDUCT REGULAR CYBERSECURITY AUDITS

An MSP or ITSP must be aware of onboarding, offboarding, and lateral movements within an organization. This warrants frequent cybersecurity audits to assess the competency of your team. 

Many MSPs or ITSPs hire third-party companies to perform their security audits. They can detect if a person who no longer needs access to the network still has it. It’s something that can endanger the client’s information, especially if the individual is a former employee. 

Conducting regular audits mitigates this risk. It enables an MSP or ITSP to implement some of the most effective access privilege limitations: 

  • IP restrictions – These security measures ensure that only users who can access your local network can utilize remote administration tools. 
  • RMM software updates – Software vendors typically dispatch updates to fix vulnerabilities and patch numerous security gaps. 
  • RDP (Remote Desktop Protocol) Security – This Windows native administration tool reduces the chances of ransomware attacks in your organization. 

PRACTICE #4 – HAVE AN OFF-SITE BACKUP

Backups are crucial for tackling malicious activities and ensuring operational continuity after cyberattacks. 

They also help address whether the company and its clients can access the latest version of their data and applications. This feature is vital for enterprises that must adhere to compliance requirements, including PCI-DSS and HIPAA. 

But besides implementing on-site backups, your MSP or ITSP should also set up off-site versions. If attackers compromise your RMM software, they can most likely reach on-site backups, too. 

So, to avoid disasters, businesses should have an off-site backup accessible to only a few people. It should also be offline for greater security. 

PRACTICE #5 – INCORPORATE LOG MONITORING

Log monitoring is analyzing your logs for potential glitches. As an MSP or ITSP scrutinizes your records, they can detect traffic from harmful sources and provide a clear idea of threat patterns. And over time, they can deploy countermeasures to seal these gaps. 

For example, cybersecurity experts use reliable security information and event management (SIEM) tools. They facilitate scanning through piles of information to enable faster threat detection.

PRACTICE #6 – LAUNCH PHISHING CAMPAIGNS

Phishing cybercriminals target your team members with emails or text messages, posing as legitimate institutions to steal your data. Unfortunately, most attacks succeed because of human error, meaning your MSP or ITSP should be aware of and monitor employees’ behavior. 

Setting up fake phishing campaigns is a great way to test your team’s ability to respond to phishing attacks. It allows you to pinpoint and improve inadequate responses, bolstering data security. 

PRACTICE #7 – CHOOSE YOUR SOFTWARE CAREFULLY AND SECURE ENDPOINTS

From small browser plugins to large-scale business systems, be sure your providers take data protection and cybersecurity seriously. Learn about their commitment to these aspects before purchasing their application. 

Furthermore, employ web filtering tools, antivirus software, and email authentication to fend off ransomware attacks through malicious emails. Ensure each endpoint and your virus definition library are secure and up to date with the latest standards. 

PRACTICE #8 – SET ALERTS AND DOCUMENT EVERYTHING

An MSP or ITSP that configures their systems to receive alerts upon system changes can work proactively and tackle threats early on. Many platforms automate this process through rules templates, personalization, and direct tickets to the PSA. This eliminates manual digging, saving precious time. 

Another useful strategy is to document your cybersecurity information, such as your defense mechanisms, emergency guidelines, and disaster recovery plans. You should also review it regularly to help pre-empt cyberattacks.

CYBERSECURITY IS PARAMOUNT

While digitalization has significantly streamlined your operations, it’s also made you more susceptible to data theft. 

To ensure cybercriminals don’t get their hands on valuable information and ruin your reputation, your MSP or ITSP needs to adopt well-established security practices. 

But if your provider hasn’t introduced off-site backups, regular patches, and employee training, you’re not getting your money’s worth. Hence, you may be frustrated since your provider isn’t delivering the necessary results. 

This makes you a sitting duck for cybercriminals. You need to resolve the issue as soon as possible. 

We can help you do so. Reach out to us for a quick 15-minute chat, and our tech experts will do their best to show you a way out of your cybersecurity dead end.

Article used with permission from The Technology Press.

The University That Was Hit by a Cybersecurity Attack (and the 6 Cybersecurity Vulnerabilities You Need to Ensure Your Business Doesn’t Have)

By

On July 13, 2021

In Cybersecurity

Cybercriminals can take advantage of various vulnerabilities in your company. Patching them up is crucial to protecting your reputation.

Taking your cybersecurity seriously is essential regardless of your organization. Otherwise, criminals can easily halt your operations. 

Take the University of Sunderland as an example. 

At first, it seemed like they had a standard IT issue that they would quickly resolve. But they soon realized that they were a victim of a cyberattack. 

As a result, the university had to cancel all its online classes. Its employees also had trouble accessing emails. Their telephone lines and website also went down.

It was a significant setback, as the university couldn’t resume its activities. 

This proves that even academic institutions have vulnerabilities in their cybersecurity systems, leaving them open to attacks. 

Your business might have similar vulnerabilities. 

But the main difference is instead of just disruptions to your operations, such attacks and loss of access to emails can cost you thousands of dollars and entail legal ramifications. 

Therefore, you need to check for weaknesses in your solutions regularly. And this article will share what you should look out for. 

THE SIX VULNERABILITIES

VULNERABILITY #1 – LACK OF ENDPOINT DEFENSES

Many enterprises fail to set up endpoint defense mechanisms such as antivirus tools. This means their organization is more susceptible to cyberattacks, allowing targets to easily access their servers. 

Another problem is inadequate endpoint defenses. Several factors can turn them into vulnerabilities, including the use of signature-based antivirus platforms. They’re no longer efficient since many tech-savvy criminals can quickly bypass them. 

Additionally, many programs don’t monitor unexpected or unusual behavior. They may also be unable to investigate or respond to endpoints, especially on larger scales. 

The best way to address these issues is to invest in cutting-edge endpoint defense tools that involve next-generation antivirus, response, and behavioral analysis capabilities. They provide a comprehensive evaluation of malicious actions and flexible prevention options.

If you’re operating a traditional antivirus platform, consider upgrading it to a version with in-depth behavioral inspections. You could also use detailed compromise indicators, forensic details, and real-time response functionality.

VULNERABILITY #2 – POOR ACCOUNT PRIVILEGE CONTROL

Limiting the access privileges of your software users is the tenet of controlling vulnerabilities. The less information they can access, the less harm they can do if they have a compromised account. 

The problem comes if your company doesn’t control your user account access, enabling practically any user to have administrator-level privileges. It gets even worse if your configuration allows unprivileged members to set up admin-level accounts. 

Therefore, you should grant access only to those team members who can’t carry out their duties without the access. 

You also need to ensure new accounts don’t have administrator-level access. This helps prevent less-privileged users from creating additional privileged accounts.

VULNERABILITY #3 – COMPROMISED OR WEAK CREDENTIALS

Your password and username may be the most widely used access credential. And cybercriminals can easily compromise them, exposing your user credentials. 

This usually happens when an unsuspecting team member falls victim to phishing and enters their login information on a fake website. And with compromised credentials, an intruder gains insider access. 

Even though analyzing and monitoring can help identify malicious activity, these credentials can bypass security and impede detection. The consequences vary, depending on the access they provide. 

For example, privileged credentials offer administrative access to systems and devices, posing a higher risk than consumer accounts. 

Keep in mind that humans aren’t the only ones who own credentials. 

Security tools, network devices, and servers generally have passwords to enable communication and integration between devices. Intruders can utilize them to activate movements throughout your enterprise both horizontally and vertically – their access is almost unlimited. 

To avoid this scenario, you should implement stringent password controls. Another great idea is to include longer and complex passwords, as well as frequent changes. Combining these principles is another effective method to prevent compromised credentials.

VULNERABILITY #4 – LACK OF NETWORK SEGMENTATION

Cybercriminals can target inadequate network monitoring and segmentation to obtain full access to your system. This is a huge vulnerability as it enables attackers to maintain their access longer. 

One of the leading causes of this weakness is the failure to develop subnet monitoring or outbound activity control. 

Overcoming this obstacle in a large company can be challenging if hundreds of systems send outbound traffic and communicate with each other. Nevertheless, solving the problem is a must. 

To do that, you should primarily focus on controlling your network access in systems within your subnets and building robust detection strategies for lateral movements. Plus, make sure to pinpoint strange DNS lookups, behavioral traffic trends, and system-to-system communication. 

Also, microsegmentation, firewalls, and proxies can help create restrictive policies for system communications and traffic. 

VULNERABILITY #5 – MISCONFIGURATION

Misconfiguration refers to errors in your system configuration. For instance, enabled setup pages and default usernames or passwords can result in breaches. 

If you don’t disable setup or application server configuration, hackers can recognize hidden vulnerabilities, giving them extra information. It’s because misconfigured apps and devices are an easy gateway for cybercriminals to exploit. 

To prevent this, establish systems and procedures to tighten the configuration process and employ automation whenever possible. Monitoring device and application settings and comparing them to the best practices also reveal potential threats across the network.

VULNERABILITY #6 – RANSOMWARE

Ransomware is cyber extortion that prevents users from accessing their data until the attacker receives a ransom. They instruct the victim to pay a certain fee to obtain their decryption key. The costs can reach thousands of dollars, but many criminals also opt for Bitcoin payments. 

Making sure your system is ready to address a ransomware issue is integral to protecting your data. To do that, keep your system up to date with the latest security standards as it reduces the number of vulnerabilities. Another recommended defense mechanism is to stick to trusted software providers only. 

NEUTRALIZE THREATS FOR PEACE OF MIND

Successfully running a company with poor cybersecurity measures is virtually impossible. The risk of losing precious data and reputation is just too high. 

To ensure your organization isn’t a sitting duck for cyberattackers, you must implement reliable defense strategies. 

If your IT provider can’t take appropriate precautions, know that you’re taking a gamble. You might be paying them a tremendous amount of money for security tactics that aren’t fruitful to your business. 

To figure out the problem with your IT, reach out to us for a quick, obligation-free chat. We’ll see if we can help you boost their performance and set up an impregnable system for your business. 

Article used with permission from The Technology Press.

How Microsoft 365 Defender Can Shield Your Company From Phishing Scams

By

On June 3, 2021

In Cybersecurity, Microsoft

Phishing can lose you a lot of money and expose sensitive information. Microsoft 365 Defender can dramatically mitigate this risk with several features. 

Phishing attacks are a severe threat to your business. These fraudulent actions can cause your team members to accidentally share financial, customer, and account information with cybercriminals. 

How does this happen?

The issue is that the attackers seem credible since they’re impersonating trusted sources and high-level executives. As a result, your team members may not even have second thoughts about distributing sensitive personnel or corporate data. 

Despite the attempts to raise user awareness of this fraud, phishing emails are still widespread. 

They’re the starting point of most hacking activities and can make organizations lose millions of dollars. In addition, the victim may face legal action, diminished reputation, reduced customer confidence, and business disruption. 

That’s why protecting your business from phishing attacks is paramount. 

Numerous safety mechanisms are available, but Microsoft 365 Defender might be your best option. It comes with various security layers to safeguard against successful phishing attempts.

This article will list the seven key features of Microsoft 365 Defender that can help protect your business from phishing. 

THE SEVEN KEY FEATURES

FEATURE #1 – PHISHING EMAIL PROTECTION

The most dangerous type of phishing scam involves emails whose sender seems to be an actual entity. The attacker often uses cunning tactics, like referring to the victim by their name or nickname. Sometimes, they can even use real accounts and use them to trick businesses. 

Using machine learning, Microsoft Defender 365 lists the contacts you regularly communicate with. Then, it uses advanced tools to differentiate suspicious from acceptable behavior. The result is more accurate detection of phishing emails. 

FEATURE #2 – MALWARE DEFENSE

Different types of malware can spread through phishing emails. 

For example, ransomware locks your files and systems until the attacker receives a ransom. 

Spyware can be even more dangerous. It steals your information by copying clipboards, taking screenshots, or recording keystrokes. 

Microsoft Defender 365 addresses such malware with robust safety mechanisms, namely: 

  • Layered malware defense – The platform comes with multiple malware scan engines to help diagnose potential threats. They provide a robust heuristic inspection to shield your system even in the earliest stages of an outbreak. This type of protection is superior to using just one anti-malware program. 
  • Real-time response – During outbreaks, the platform provides your team with instant access to devices, allowing you to investigate and contain threats in real-time. It also enables your team to collect data and proactively tackle malware. 
  • Rapid definition deployment – The Microsoft 365 Defender team maintains a close relationship with anti-malware engine developers. Consequently, users of the platform receive malware definitions on time. Plus, the company checks for definition updates every hour to help protect you against the latest malware. 
  • Common attachments filter – Some file types aren’t meant for emails, such as executable documents. With that in mind, the common attachment filter lets you automatically block them without any scanning. Some of the file types it can remove include .ace, .exe, .app, .ani, and .scr. 

FEATURE #3 – SPAM BLOCK

Another common culprit for phishing campaigns is spam emails. Blocking them is an excellent way to shield your organization from attacks. 

Defender boasts powerful anti-spam technology to address spam emails by examining the source of the message and the contents. If the email comes from untrustworthy sources or contains suspicious information, it automatically goes to your spam folder. 

On top of that, this feature examines your team members’ activity to help make sure they don’t send spam emails to other users. 

FEATURE #4 – SAFE LINKS

Phishing emails don’t only contain attachments. They can also include URLs to lead your team members to a fraudulent website. 

These web pages often look legitimate, but they generally require the victim to provide some information. Furthermore, they can lead to websites that install or download malware on your computers. 

Safe Links shield your system from malware transmissions using URL detonation. It scans email links and checks for suspicious behavior. 

Microsoft Defender 365 warns you not to visit links that open malicious websites. Otherwise, you can open your destination URLs normally. It’ll also rescan the service sometime later and look for any security problems. 

Another great thing about this feature is that it scans email links from all personnel within your organization. Moreover, it works great on documents uploaded to SharePoint and Microsoft Teams. 

FEATURE #5 – SANDBOX ISOLATION

Some users, especially if they’re reckless, commonly open malicious email attachments without second thoughts. They can expose company data to prying eyes as a result, which can ruin your reputation and give your competitors the edge. 

Defender can reduce this risk by opening all email attachments in a sandbox. It serves as isolation, meaning that malicious files can only affect the sandbox rather than your system. 

Once the program isolates malware, it’ll warn you not to open it. But if the attachment is safe, you’ll be able to use it normally. 

FEATURE #6 – ENHANCED FILTERING

Enhanced Filtering is perfect for enterprises that route emails to on-premises environments with third-party services before sending them to Microsoft 365. 

The platform comes with inbound connectors that verify whether your email sources are trustworthy. The higher the complexity of the routing scenario, the higher the chances are that email connectors don’t reflect their real source. 

What’s more, this feature preserves the authentication signals that may have disappeared while routing emails. It enhances the filtering capabilities of Microsoft 365, allowing it to detect phishing and spam emails more effectively. 

FEATURE #7 – USER SUBMISSIONS

Microsoft Defender lets you set specific mailboxes where you can send any threatening emails. 

This feature allows you to determine the criteria for safe and malicious email while identifying the mailboxes that will store these messages. Thus, your administrators have more control over flagging emails and reporting them to Microsoft. 

MICROSOFT 365 DEFENDER IS A SURE-FIRE SOLUTION

Phishing attacks can spell disaster for your company. To neutralize the threat, integrate your office’s computers with Microsoft 365 Defender. 

This platform can keep your system intact with dependable security measures. It can also detect malicious activity on time, enabling you to address it before it spreads and compromises your privacy. 

Using Microsoft 365 Defender is just one part of your cybersecurity. If you’d like a non-salesy chat to help determine other potential risks in your network, reach out to us today.  

Article used with permission from The Technology Press.

Page 9 of 9

Previous

Powered by WordPress & Theme by Anders Norén