It is 2020. Wow. It
seems like just yesterday we were preparing for Y2K. The cyber world is a very different place
than it was twenty years ago. In 2000,
there were 361 million Internet users.
Today there are well over four billion. Some of those four billion are
bad actors, creating viruses and malware. I bet your data security is not the
same as it was twenty years ago. What if
we framed that differently and asked if your defenses are different than they
were three or four years ago? Do you have the same answer? The security threats have changed
dramatically over that time, from sophisticated ransomware threats, to malware
that mines for bitcoin for the bad guys. Your defenses have to keep up with the
new threats.
Ransomware continues to be a real threat. According to a recent study by Datto, there is a very large gap between how the threat of ransomware is perceived by businesses versus those working in the technology field. 89% of Managed Services Providers feel Ransomware is a significant threat to small and medium sized businesses, while only 28% of small and medium sized businesses perceive Ransomware as a significant threat. The folks that deal with security are much more concerned about it, perhaps the business world should take note and ensure they are protected against this threat.
Also changing is the need for compliance. Many states have
recently expanded their laws regarding the protection of private data. California, New York among others have
updated their laws to provide better protection of private data ….and increased
fines for businesses that do not take the proper precautions. As of 2018, all
fifty states have something on the books for protecting personal identifiable
information. Do you know your state’s
regulation? Are you meeting the
standards? Are you aware of the fines?
In a changing world, staying current with the cyber world AND the regulations and compliance issues that affect your business are important. Studies have repeatedly shown that businesses that keep up with technology outperform those that do not. How do you stack up? Do you know? Here at Colden Company, we can provide an assessment of where your business stands and recommend measures to safeguard against today’s threats.
If you have any questions about this or want to get an early release of the browser, please feel free to reach out to us at (888) 600-4560 by phone, or info@coldencompany.com via email.