Datto Global Survey Reveals Ransomware As Most Significant Cyber Threat To Small-to-medium Sized Businesses

 

NOV 13, 2018

Anti-virus software fails to protect against increasing attacks resulting in high downtime costs

 

Norwalk, Conn. – November 13, 2018 – Datto, Inc., today announced the findings of its third annual Global State of the Channel Ransomware Report, which found that ransomware, a kind of malicious software that threatens to make business data inaccessible until a ransom is paid, continues to be the leading cyber-attack experienced by small-to-medium sized businesses (SMBs) over viruses and spyware. The report surveyed 2,400 managed service providers (MSPs) that support the IT needs of nearly half a million SMBs around the globe. The survey also revealed the powerful impact these attacks have on businesses, including that:

• Revenue lost to downtime can cripple a small business: The average attack is 10 times more costly to the business than the ransom itself, with attacks costing a business  $46,800 on average and the ransom requested averaging $4,300 per attack.

• Attacks are frequent and expected to increase: More than 55% of MSPs stated their clients experienced a ransomware attack in the first six months of 2018, and 35% said their clients were attacked multiple times in the same day. Ninety-two percent of MSPs predict the number of attacks will continue at current or increased rates.

• Antivirus software solutions are ineffective: 85% of MSPs reported that ransomware victims had antivirus software installed, 65% reported victims had email/spam filters installed, and 29% reported victims had had pop-up blockers, which failed to block ransomware attacks.

• Businesses using Apple operating systems can be vulnerable: There was a fivefold increase in the number of MSPs reporting ransomware attacks on macOS and iOS platforms over the last year...

Fujitsu and Microsoft Accelerate Delivery of Mission-Critical Workloads on Microsoft Azure

Fujitsu America Inc.

News facts:

• Strengthened Fujitsu and Microsoft partnership enables large scale delivery of mission-critical workloads with cloud-based delivery models across vertical industries

• Global partnership brings together Microsoft’s market-leading hyperscale public cloud platform Azure with the proven track record and deep experience that Fujitsu brings in building, integrating and managing complex hybrid IT estates

• PRIMEFLEX® for Microsoft Azure® Stack enables cloud computing for on-premises environments and one-stop holistic workload management in hybrid IT estates

Sunnyvale, CA, November 06, 2018 Fujitsu and Microsoft are accelerating the delivery of Microsoft Azure cloud for organizations with a new global systems integrator partnership. This enables organizations to seamlessly take the next step in their digital transformation – by shifting mission critical workloads in hybrid IT estates to a cloud-based one-stop delivery model, increasing innovation, improving flexibility and guaranteeing superior financial performance...

Microsoft increases commitment to eliminate the US rural broadband gap

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December 4, 2018 | Microsoft News Center

The Microsoft Airband Initiative will expand to bring broadband to 3 million unserved people in rural communities by July 4, 2022

WASHINGTON — Dec. 4, 2018 — More than 19 million people living in rural America do not have access to broadband, a service as necessary as electricity in today’s digital economy. Today, at an event in Washington, D.C., Microsoft President Brad Smith reiterated his call for a national strategy to close the rural broadband gap and highlighted that this is a problem the country can solve. Smith also announced a significantly increased commitment by Microsoft to help tackle the problem...

 

A timely raincheck on the GDPR: the law of unintended consequences

SecureData Sentry Helps Reduce Breach Risks by Simply and Transparently Deploying Data Security Within Days; Enables Privacy Compliance for Hybrid IT Mission-critical Applications

23rd NOVEMBER 2018 | BY DAVID KEMP | IN FEATURES

As we approach a six-month point since the full implementation date of the GDPR, it is interesting to see evidence of the legislation having much greater consequences and advantages than those for which it was originally intended. Stemming from the Post-World War II human rights movement, the GDPR in its most fundamental form can be seen as a beneficial facility for handling the core issue of risk management between data and people. In this instance, risk is both an opportunity to be exploited as well as a downside to be mitigated. To support this contention, one may cite recent instances of the GDPR having practical impacts way beyond that of its original draftsmen...

OCTOBER 23, 2018

SUSE Secures OpenChain Certification, Meeting the New Industry Benchmark for a Simplified Open Source Experience

SUSE becomes the first enterprise Linux distributor to certify to OpenChain

 

EDINBURGH, Scotland (Open Source Summit)

 

SUSE® today announced it is OpenChain certified, an initiative to make open source licensing more predictable, understandable and efficient for participants of the software supply chain. As a trailblazer in this movement, SUSE is the first enterprise Linux distributor to earn conformance with the OpenChain Project Specification. In doing so, SUSE is helping free industry resources to focus on innovation by reducing complex processes...

Market Leaders Symantec and Fortinet Partner to Deliver the Most Robust and Comprehensive Cloud Security Service

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Partnership delivers essential security controls across endpoint, network, and cloud environments

December 11, 2018 09:00 ET | Source: Fortinet, Inc.; Symantec Corp.

 

MOUNTAIN VIEW and SUNNYVALE, Calif., Dec. 11, 2018 (GLOBE NEWSWIRE) -- Symantec Corp. (NASDAQ: SYMC), the world’s leading cyber security company, and Fortinet (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced an expansive partnership agreement to provide customers with the industry’s most comprehensive and robust security solutions. Fortinet’s industry-leading Next-Generation Firewall (NGFW) capabilities are planned to be integrated into Symantec’s cloud-delivered Web Security Service (WSS). Additionally, Symantec’s industry-leading endpoint protection solutions are also planned to be integrated into the Fortinet Security Fabric platform. The technology partnership provides essential security controls across endpoint, network, and cloud environments that are critical to enforcing the Zero Trust security framework...

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Carbonite and Iron Mountain Expand Strategic Partnership

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November 29, 2018 | By Carbonite

Alliance further safeguards critical data for customers

BOSTON, MA — November 29, 2018 — Today, Carbonite, Inc. (NASDAQ: CARB), a global leader in data protection, and Iron Mountain Incorporated® (NYSE: IRM), the global leader for storage and information management services, announced the expansion of their strategic partnership. Iron Mountain plans to integrate the Carbonite Data Protection Platform into its Iron Cloud platform, enabling businesses to safeguard and improve recoverability of their mission-critical data across all IT environments in the event of data loss, disaster or cyber-attack...