If you have recently started a partnership to Integrate Co-Managed IT services with your business, congratulations! This decision can significantly enhance your IT capabilities and security. In today’s fast-paced digital landscape, where cyber threats are ever-present, such as the recent Microsoft attack, having a robust IT strategy is more critical than ever. Many organizations find that their internal IT teams are often stretched to their limits. By integrating co-managed IT, your staff can get some well-deserved relief while your business thrives like never before.

Cyberattacks are among the most serious threats that businesses today are facing. As technology evolves, so do these online threats that target businesses of all sizes. There are many ways to protect your data and your network, like using a reliable anti-malware program or regularly educating your staff on security measures. However, the best way to get maximum protection for your business is by subscribing to managed cybersecurity services.

What is Managed Cybersecurity?

Managed cybersecurity services are a range of security solutions offered by third-party IT providers. This service is designed to safeguard businesses and other organizations against even the most vicious online attacks. They include everything from the installation of firewalls to 24/7 monitoring of your networks for prompt detection of and action against threats.

There are tools available on the cloud that businesses can use to defend themselves against cyberattacks. However, if you want maximum protection against cyber threats and data breaches, partnering with a managed cybersecurity services provider is the way to go.

Benefits of Managed Cybersecurity for Businesses

MSPs that specialize in cybersecurity solutions can implement a range of comprehensive security measures and proactive solutions to keep your business protected. Here are some of the primary benefits that you can expect once you start working with a reputable provider:

Guaranteed Cybersecurity Expertise

It is not easy to find independent IT professionals who are well-versed in all the different areas of cybersecurity. Hence, there is no guarantee that an in-house tech guy can protect your system from all the threats online. Managed cybersecurity services can give you prime solutions for any security concern and ensure the safety of your systems.

Quick Response

Cyberattacks cannot always be avoided, but with rapid action, the damage can be minimized. On your own, even identifying the cause of a breach can take a long time. Meanwhile, the hacker would already be stealing data and wreaking havoc. Highly skilled cybersecurity experts, however, can identify and address the problem quickly, keeping the damage as minimal as possible.

Compliance Made Easy

As technology advances and threats evolve, data protection regulations are also becoming more complex. Complying with these regulations can significantly add to the burden of a business. A managed cybersecurity services provider can efficiently take care of all these compliance issues, giving you peace of mind and leaving you time to run your business.

Reduced Expenses with Managed Cybersecurity

Not many realize it but cybersecurity solutions can be very expensive. Licensed anti-malware programs alone can cost a pretty penny, plus you need to pay cybersecurity professionals to install and maintain these solutions for you. Naturally, you do not want to skimp on security solutions because you want the best protection for your company, but you wouldn’t want to spend more on it than is necessary either. With a good provider, you don’t have to. You can get the best managed cybersecurity solutions at a much lower cost.

Fortify Cybersecurity Expenses Using Our Excessive Spending Calculator

Many business owners spend more on cybersecurity than they should. In their desire to keep data and networks protected, they are very willing to purchase many solutions that will supposedly boost their defenses. The intention is good but if it is leading to unnecessary expenses, it’s time you take a closer look. You can do this with the help of our Excessive Spending Calculator.

The Excessive Spending Calculator is a handy program that can help you pinpoint areas in your business spending that you can curtail. It can help you prioritize investments so that you can fortify your cybersecurity defenses. You can download it for free right here.

Hackers show no signs of slowing down, and any business can be a target. Make sure you are prepared for any attack by keeping your defenses in top condition, with the help of a dependable managed cybersecurity services provider. We can also answer any questions you might have about cybersecurity and other MSP services. Just say the word, and we will be right over for a free consultation!

Cutting-edge IT solutions are a top priority among businesses in today’s digital world, and it’s no big surprise. Technology continuously evolves, sometimes at a frighteningly rapid pace. You must be equipped with the latest software and hardware to achieve that business success.

Technology evolves at a rapid pace. There is no stopping the onset of new infrastructure, IT strategies, tools, or concepts that would surely be integral to business growth. It can be a struggle to try to catch up with these new advances. So instead, why not take measures to keep you a couple of steps ahead? By anticipating the changes and having the necessary solutions in place to address them, your business can maintain its forward thrust and not get caught unprepared.

In the digital era that we are in now, there is no question why reliable IT support is a must for all businesses. Recently, if you want to stay productive, competitive, secure, or relevant in your industry, you need to have the proper technology in place. Ultimately, you also need capable In-House IT professionals to handle all these tech needs. 

The big question for many business owners is whether to hire an in-house team or to partner with a managed services provider. Both options have pros and cons. To make the right choice, you need to analyze the many differences carefully. To make a thorough In-House IT Guy vs Managed Service Provider comparison, let’s answer some of the most crucial questions.

What Can They Do?

Your In-House IT Guy

An in-house employee tasked with handling the company’s IT concerns is capable of regular IT infrastructure maintenance, general software, and hardware troubleshooting, and dealing with regular technology concerns. 

Managed Services Provider

A managed services provider can do everything that the IT guy can do, plus a much wider scope of services and solutions. An MSP employs several highly trained experts in various IT fields, so no matter what the issue, there’s bound to be at least one individual specially trained to address your problems. 

How Much Do They Cost?

Your In-House IT Guy

The cost of hiring an IT guy is equivalent to having an additional employee on the company’s payroll. It appears to be the more cost-effective option until you encounter a problem that is beyond your IT guy’s expertise, and that requires you to hire a third party. Furthermore, you would also have to spend on training, benefits, and even equipment for every IT professional you have on your staff. 

Managed Services Provider

MSP services usually come at a fixed monthly fee, the size of which would depend on the services that you need. It might be a higher cost than a single monthly salary, but it is inclusive of everything you would need. There will be no surprise expenses, which is much better in terms of budget management.

What Level of Expertise and Support Do They Offer?

Your In-House IT Guy

An In-House IT guy knows your systems like the back of his hand. This familiarity plus a strong understanding of your business, enables him to make sound decisions that will benefit your organization. On the other hand, their skills are limited compared to the combined skill set of an entire MSP team. 

Managed Services Provider

MSPs employ many IT professionals trained in diverse fields, from network management and cybersecurity to disaster recovery and cloud services. They will deploy their appropriate specialist to your company depending on your specific needs, so you will always get the best service. 

Can They Provide Scalability and Flexibility?

Your In-House IT Guy

Since they are just one individual, it would be difficult for them to adapt to sudden changes in the system, or to handle highly specialized projects. This can cause delays and a lack of efficiency in operations. 

Managed Services Provider

Scalability is one of the biggest advantages of working with an MSP. The services they offer are always flexible and can be adjusted based on the changing IT needs of your business. 

Final Thoughts

Based on the In-House IT Guy vs Managed Service Provider comparison above, for most businesses, working with an MSP presents significant advantages. However, keep in mind that not all MSPs are equally reliable. Before signing up with any provider, make sure they pass all the criteria listed in our 7 Components to Auditing an IT Provider. You can download the list here for your reference. 

We can help you eliminate all this unnecessary spending. Call us today!

Companies are increasingly reliant on technology for different aspects of their operations. IT has indeed come a long way and is now instrumental in the growth of many businesses, but it is still far from perfect. The more technology evolves, the more unwanted issues can arise with its use or misuse. So, how will you know these IT red flags if you do not have professional IT training?

Artificial intelligence is an incredible kind of technology that simulates human intelligence. Through machine learning, AI acquires information that enables them to perform actions that are traditionally only done by humans. This kind of technology brings vast benefits to just about everyone. But at the same time, it also presents security risks, especially to organizations and businesses. This is because a hacker can use AI and use it to wreak havoc!

Safeguarding your business' infrastructure from various threats is a well-known imperative. In discussions about network security, the term "endpoint" frequently arises. Exploring the significance of securing all endpoints is the focus of today's article.

There has been a lot of talk recently, about how hackers are leveraging AI to breach businesses. Hackers can sneak their way in more easily with these new algorithms used in social engineering. 

Unfortunately, these are no longer just theoretical discussions. We have reached a point where AI-powered data breaches are actually a reality. In fact, they are among the most rapidly growing threats to businesses everywhere. Today, we will talk about some real-life examples of recent data breaches made possible through AI. 

TaskRabbit Data Breach 

IKEA’s well-known online marketplace TaskRabbit was one of the targets of hackers using AI to breach businesses in April 2018. TaskRabbit’s primary goal is to match freelancers (Taskers) in housekeeping, moving, delivery, and similar industries with local demand (Clients). It operates on a large scale, and when the breach happened, the site had millions of registered users. 

The company has found out that over 3.75 million records of Taskers and Clients were affected in the breach. Personal information and financial details were stolen. The website and the mobile app had to be shut down and taken offline for a while as the company dealt with the damage. According to investigations, the distributed denial-of-service, or DDoS, attack used an AI-enabled botnet. 

Yum! Brands Data Breach

Yum! Brands, was the victim of hackers using AI to breach businesses in January 2023. Initially, management thought that corporate data was the sole target of the attack, but it turned out that employee information was also compromised. An unidentified malicious actor launched a ransomware attack that led to the breach.

Many ransomware attacks that took place after the creation of AI tools leveraged AI technology to automate decisions on which data to take, as some brought more damage potential to the target business. It proved to be a good tactic, as Yum! was forced to close nearly 300 of their UK branches for several weeks. 

AI used to Breach Businesses like T-Mobile

This wireless network operator is no stranger to data breaches, having survived nine separate attacks in the last five years. Early this year, T-Mobile revealed that 37 million of its customer’s records were stolen in a breach that began in November 2022. 

According to the company’s AI analysts, the threat actor used an application programming interface or API equipped with AI capabilities and could secure unauthorized access. This ultimately led to the theft and exposure of sensitive client information, including full names, contact numbers, and PINs. 

AI used to Breach Businesses like Activision

In December 2023, hackers launched a targeted phishing campaign against Activision, the company that created the Call of Duty games. Hackers used AI to breach businesses like Activision and created the SMS messages used for the phishing attacks, which ultimately proved successful as one HR staff member succumbed to the bait. 

But we all know that one click is all it takes because, immediately, the hacker gains access to the complete employee database. This included email addresses, phone numbers, work locations, salaries, and more. However, they were able to find a solution since Activision could find the breach early.

Don’t Be the Next Victim of Hackers using AI to Breach Businesses!

Because of AI tools, data breaches have become much more far-reaching today in terms of business damage as compared to years past. The total cost is also much higher, with an average expense of $4.45 million for each breach. Although hiring an AI cybersecurity expert and upgrading your system would cost money, it wouldn’t come close to the expense of the harm a cyberattack would cause.

The examples above are all real, and as you can see, they have happened to large companies. All these companies thought they had reliable security systems, or so they thought. The point is that any of us, including you, could experience a data breach, especially one that uses AI. To learn more about how hackers use AI technology, download our FREE eBook, “The Growing Role of AI in Security – The Good, the Bad and the Ugly.”

Would you take the risk and just cross your fingers that you don’t become the next victim, or would you take proactive measures right now to boost your defenses and maximize your company’s protection? If you choose the latter, we are here to provide all the services you need. Just contact us so we can make sure your system is safe from AI attacks.

Data breaches are now more rampant than ever to steal personal information. Each month sees at least 150 incidents that affect businesses, and these only account for the reported cases. One reason hackers can execute data breaches so easily is because of modern technology, like artificial intelligence. While AI can help society at large, it has also been instrumental in illicit activities like stealing personal information. Here are 7 ways by which hackers are using AI to infiltrate businesses.

Artificial intelligence has evolved dramatically, and the improvements are evident. In one of its first applications, AI was used to develop a checkers program. It was a monumental achievement at the time but seems so simplistic compared to today’s AI applications. AI is an everyday tool behind many ordinary things like virtual assistants, autonomous vehicles, and chatbots. Because of this AI is now used against your employees if they are not aware. 

The Dark Side of Artificial Intelligence (AI)

AI has become so advanced that it is often difficult to fathom whether something is real or AI-generated. When you attempt to distinguish between real photos taken by your friend and those produced by an AI photo app, it can be quite amusing. However, this could turn dangerous, especially when hackers use it to target employees. The goal is to infiltrate a company’s system or steal confidential data. And what’s alarming is that there are several ways that this can be done. 

Using AI Chatbots for Phishing Campaigns Against Employees

There used to be a time when phishing emails were easily distinguishable because of their glaring grammatical errors or misplaced punctuation marks. But with AI-powered chatbots, hackers can now generate almost flawlessly written phishing emails. Not only that, but these messages can also be personalized, making it more likely for the recipient to fall victim, as they won’t suspect that the email is fake.

CEO Fraud and Executive Phishing

This is not an entirely new method of social engineering. However, it has had a much higher success rate since generative AI tools emerged, making the phishing campaign more effective. In this type of phishing attack, hackers send out emails that look like they came from the CEO or some other high-ranking official. Most employees will not question this type of authority, especially since the message looks authentic, complete with logos and signatures. 

Using AI Deepfake to Create Deceptive Videos Against Employees

Many people are aware by now that emails can easily be faked. With the prevalence of phishing scams and similar cyberattacks, we now tend to be more vigilant when reading through our inboxes. But videos are a different thing. As the saying goes, to see is to believe. If there is a video, it must be real. There is no need to verify because it is in front of your eyes, so they would willingly volunteer sensitive information, grant unauthorized access, or whatnot. However many employees don’t realize that AI is so advanced that even these videos can now be fabricated using Deepfake technology.

What You Can Do To Keep Your Employees and Your Business Safe

Hackers are taking advantage of AI technology to execute their attacks. We can only expect these strategies to become even more aggressive as AI continues to advance. But at the same time, there are steps you can take to increase safety for your business and your employees.

AI Cybersecurity Training for Employees 

Awareness is key to mitigating the risks brought by AI-based attacks. With regular cybersecurity training, you can maintain employee awareness, help them understand how AI attacks work, and equip them with the knowledge to pinpoint red flags in suspicious emails. 

Limit Access to Sensitive Information

Employees should always be on a need-to-know basis with the company’s sensitive information to minimize the damage in the event of a data breach. The less they know, the less the cybercriminals can get out of them. 

Use AI-Powered Security Solutions

When it comes to AI, two can play the game. Cybercriminals may use AI to penetrate your system, but you can also use AI to detect such threats from a mile away. The important thing is to stay a couple of steps ahead of the enemy by ensuring that experts equip your security system with the most advanced AI tools to protect your organization and your employees.

Partner with an AI Security Expert

There is a plethora of AI tools widely available to anyone, and many of these are even free. But if you want to have the most secure system possible, we strongly recommend that you seek the help of experts in AI technologies. They can give you access to the most advanced AI tools and systems. On top of that, they can customize security strategies to align with your goals.

To learn more about what you can do, watch our on-demand webinar or download our Cybersecurity E-book.

AI technology has become so powerful that it can sometimes be scary. But with the right security solutions in place, your business and your employees can stay safe. If you are ready to take the step towards higher security and more robust protective measures, let us know. We will hook you up with an expert MSP fully capable of catering to your security needs.