The costs of a ransomware attack are enormous. Whether companies pay the ransom or restore a system from backups, the immediate expense can cripple a business, and the long-term repercussions are a serious deterrent to profitability. In this case, Boardriders offered consumers deep discounts to entice them to return to the store, and their inventory and productivity losses will further erode profitability.
Boardriders lost two weeks of sales when a ransomware attack forces several online stores to close
Cloud computing vs. traditional IT
Cloud computing is quickly gaining popularity these days. Businesses both big and small are starting to leave their traditional IT infrastructure behind and move to the cloud. But what makes cloud computing better than your traditional IT infrastructure? Let’s explore the differences between the two, and what will work best for your business.
Hackers gain access to 30,000 InterMed patients’ protected health information
Employee email accounts are often a top target for hackers who use phishing campaigns and credential stuffing attacks to gain access to their account data. Comprehensive awareness training and Dark Web services that provide advanced notification when credentials are compromised can position companies to protect this easy access point from bad actors.
sPower services brought down by cyber-attack and hardware disconnected from electrical grid
Reputation management can mean the difference between earning the next contract and losing out to a competitor. In that regard, ensuring that your organization’s most prescient threats are accounted for can help avoid the bad press and brand erosion that follow in the wake of a cyberattack.
Things to look for when choosing technology partners: A guide for wealth management firms
The wealth management sector faces a wide range of challenges when it comes to keeping up with digital transformation. On one hand, clients trust them with sensitive information that must be firmly safeguarded for the sake of brand reputation and compliance.