A new security report has revealed some alarming trends.

First off, cyber attacks are becoming faster than ever. Breakout times (that’s the time it takes for a criminal to move within your network after first getting in) have dropped significantly. We’re talking an average of just 62 minutes compared to 84 minutes last year.

This is not good news.

Not only are these attacks faster, but they’re also becoming more common. The report has identified a whopping 34 new cyber criminal groups, bringing the total to over 230 groups tracked by the company.

And guess what? These cyber criminals aren’t sitting around twiddling their thumbs. They’re getting smarter and more sophisticated. The report highlights a new record breakout time of just two minutes and seven seconds. That’s barely enough time to grab a coffee, let alone mount a defence.

But here’s the real kicker: The human factor is increasingly becoming the main entry point for these cyber attacks.

They will try to get your people to click a link in a phishing email, which will take them to a fake login page. Once your employee enters their real login details, they have inadvertently handed them over.

Or they pretend to be someone your team trusts. This is called social engineering.

So, what can you do to protect your business from these cyber threats?

• Educate your employees

Make sure your team is aware of the latest cyber threats and how to spot them. Regular training sessions can go a long way in preventing costly mistakes.

• Implement strong password policies

Encourage the use of complex random passwords generated and remembered by password managers. Use multi-factor authentication for an added layer of security (this is where you use a second device to confirm it’s really you logging in).

• Keep your systems updated

Make sure all software and systems are up to date with the latest security patches. Cyber criminals often exploit known vulnerabilities, so staying current is key.

• Invest in cyber security software

Consider investing in reputable cyber security software that can help detect and mitigate threats in real-time (we can help with this).

• Back-up your data

Regularly back-up your data and store it in a secure location. In the event of a cyber attack, having backups can help minimise downtime and data loss.

When it comes to cyber security, it’s better to be safe than sorry. If we can help you to stay better prepared, get in touch.

For the last 2 years, we have been working on moving from providing support to providing security. We no long just sale support!

Why!

Since I started Limbtec way back in 2002, what we did and how we did it was far different to today. About 50% of our work was support including installing, and configuring, and about 50% from sales of hardware and software.

Our business model has changed over time, most recently to providing support mainly via remote means. And this being around 80% of our business model, with the remaining being cloud services.

Security

A little over 2 years ago, I sat down and looked at whats next! And the continual biggest issue facing our customer base was Cyber Security, and Cyber Hygene. There is a saying, that if you haven’t had a cyber security breech, then you either don’t know about it, or you are about to!

What needed to change.

The biggest problem is up to this point we were looking at what could be done to help businesses grow. And use technology to achieve that. What the whole of the IT industry seemed to have done is forgotten about making sure this was done in a secure manner! A security first approach.

Methodology

I am not a great fan of reinventing the wheel! And in the UK, there is a certifcation scheme called Cyber Essentials. So we used this framework to build out 3 tiers to achieve Cyber Essentials Standards. Even if Cyber Essentials Certification is not taken up! Our clients should be secure, due to massively improved Cyber Hygene.

Monitoring

So the biggest issue with Cyber Essentials is that it is done on a snap shot. At that point you have a good cyber hygene, but there is no requirement to monitor this. This is where our packages come in, we will monitor the items required, and we budle extra measures in to the mix (depending on package) to strengthen your security.

We haven’t forgotten Support

We started as a support company! And as the biggest growing support requests are around Cyber Security, we are facing these head on, but haven’t forgotten about other support issues, we bundle support into all packages at various levels.

Over the coming weeks, On a wednesday I will be blogging details of what we thing is important to consider, with your business and cyber security. If you want to have a free review please contact us

Should you make a ransomware Payment?
Your business gets hit by a ransomware attack, and your valuable data is locked away by cyber criminals demanding a huge ransom fee.

You can’t afford to pay it. But there’s a twist – just like those “buy now, pay later” schemes, some ransomware gangs are offering victims payment extension options.

Recent research reveals that ransomware groups are getting creative with their extortion strategies. One group is even offering victims various choices when it comes to their ransom demands. These “choices” include:

Paying to delay the publication of their stolen data, with a standard fee of $10,000… or paying to have their stolen data deleted before it’s made public.

The exact amounts charged are often negotiated with victims, adding a chilling dimension to the whole ordeal.

To increase the pressure on victims, these ransomware groups have added some terrifying features to their web sites. These include countdown timers displaying how much time businesses have before their data is released, view counters, and even tags revealing the victim’s identity and description.

It’s all designed to make victims feel cornered and more likely to give in to the demands.

You might be tempted to pay that ransom to protect your business data. Paying is always a bad idea and here’s why…

Paying doesn’t guarantee that you’ll get your data back or that the cyber criminals won’t demand more money later.

By paying, you’re essentially funding criminal activities, encouraging them to continue their attacks on others.

Paying a ransom might even get you into legal trouble, as some governments have made it illegal to pay cyber criminals.

So, what can you do to safeguard your business from falling victim to ransomware?

• Ensure you have regular, secure backups of your data. This way, you won’t be at the mercy of cyber criminals.

• Educate your staff about the risks of ransomware and train them to recognise phishing emails and suspicious links.

• Invest in robust cyber security software and keep it up to date.

• Keep your systems and software updated with the latest security patches.

• Segment your network to limit the spread of ransomware if one device gets infected.

• Develop a clear incident response plan, so you know exactly what to do if you’re ever hit by a ransomware attack.

Paying cyber criminals rarely makes things better, and we’re seeing businesses that do pay become targets time and time again. Instead, invest in the proactive measures above to help you stay secure. And if we can help you with that, get in touch.

Each year on February 1st, we celebrate Change Your Password Day. While it’s not a holiday that gets you off work, it serves as a good opportunity each year to do a quick check-in and make sure you’re using strong passwords that will keep your accounts protected.

The suggested ‘rule’ used to be to change your password every three months. With advanced tools like password managers and data encryption, experts now say the type of password you use is more important than how often you create a new one. We’re sharing up-to-date advice on how to create a strong password that will keep your account secure and hackers guessing.

Make It Complex

Aim for complexity by combining uppercase and lowercase letters, numbers and special characters. Avoid easily guessable information like birthdays, names or common words. The more intricate and unique your password, the harder it is for hackers to crack it.

Longer Passwords Are Harder To Crack

Long passwords provide an added layer of security. According to Hive Systems, brute-force hacking can crack an eight-character password in less than one hour! When creating a new password, aim for a minimum of 12 characters, and consider using passphrases—sequences of random words or a sentence—which can be both strong and easier to remember.

A random passphrase would be something like: cogwheel-rosy-cathouse-jailbreak.

This passphrase was generated from the website useapassphrase.com, which will auto-create a four-word passphrase for you if you’re stumped.

Use Unique Passwords For Each Account

Resisting the temptation to reuse passwords across multiple accounts is crucial. If one account is compromised, having unique passwords for other accounts ensures that the damage is contained. Consider using a reputable password manager to help you generate and store complex passwords securely.

*Do NOT use Google or your browser’s password manager. If your Google account is compromised, all of your passwords will be too. Talk with your IT team about what password management tool they recommend for you and your organization.

Update Passwords Yearly

As long as your account hasn’t been compromised, you only need to change your passwords once a year to minimize the risk of unauthorized access. The only time a regular password change routine would be exceptionally helpful is if someone has access that you don’t know about. A frequent password change can make it more challenging for attackers to maintain access to your accounts over an extended period of time.

Engage Multi-Factor Authentication (MFA)

Implementing multi-factor authentication is another easy way to make your password bulletproof. MFA typically involves combining something you know (your password) with something you have (like a code sent to your phone). Even if your password is compromised, MFA significantly reduces the chances of unauthorized access.

Set Up Strong Password Recovery Alternatives

Leverage password recovery options like security questions or alternative e-mail addresses. It’s important to choose questions with answers that are not easily guessable or have publicly available information so “What’s your mother’s maiden name” is out!

Use Password Managers

You don’t have to try and remember every password, and you shouldn’t write them down on a sticky note on your desk. Instead, use a good password management tool that is secure and will handle keeping track of your passwords for you.

Bonus points for turning off the auto-fill feature. Hackers can infiltrate sites and install a little bit of code on a page that creates a second, invisible password box. When your password manager autofills the login box, it will also fill in the invisible box, giving hackers your password. This isn’t overly common, but it still poses a risk.

Regularly Review Account Activity

Monitor your account activity for any suspicious logins or activities. Many online platforms offer features that notify you of login attempts from unfamiliar devices, allowing you to take swift action in the event of unauthorized access.

It’s also always good to be aware of phishing attempts, never click suspicious links or attachments in e-mails, avoid public Wi-Fi and only use secure connections and educate and train your team on what to look for when it comes to cybercrime so they can protect themselves, you and the company.

As cyber threats continue to evolve, mastering the fundamentals of cybersecurity, like creating strong passwords, becomes paramount. By making informed choices and staying proactive, you can significantly enhance your online security.

However, as the leader of your organization, it’s important to remember that nothing is foolproof. Educating your team on cybersecurity best practices is essential, but mistakes can and will still happen. For most, it’s not a matter of if, but when. You must have a robust cybersecurity plan in place. The right IT team will make sure you have every protection in place to keep you safe and a crisis management plan ready if something goes wrong. To find out what gaps you have in your cybersecurity system, we’ll do a FREE Cybersecurity Risk Assessment. Click here to book yours now.