Cybersecurity Trends Businesses Can’t Ignore in 2024

 

Cybersecurity Trends | Right Hand Technology Group

What are the cybersecurity trends that organizations cannot afford to ignore in the year 2024? These trends encompass cutting-edge technologies, evolving threats, and regulatory changes. In this article, we’ll delve into the top 10 cybersecurity trends that businesses must address to secure their digital assets and ensure business continuity. 

  1. Quantum Computing Vulnerabilities

One of the pressing concerns for cybersecurity in 2024 revolves around quantum computing. While this technology holds immense potential for various industries, it also poses significant challenges to existing encryption methods. Quantum computers have the potential to break current encryption algorithms, making data vulnerable to theft or manipulation. Organizations need to prepare by exploring post-quantum cryptography and ensuring data security in a quantum-ready era. 

  1. AI-Powered Threats

Artificial Intelligence (AI) is no longer just a tool for cybersecurity; it’s also being weaponized by cybercriminals. In 2024, we can expect an increase in AI-powered cyberattacks. Malicious AI algorithms can automate and enhance the efficiency of attacks, making them harder to detect. Businesses must deploy AI-driven security solutions to counter these threats effectively. 

  1. Zero Trust Architecture Adoption

 With the rise in remote work and the continuous expansion of attack surfaces, the adoption of Zero Trust Architecture (ZTA) is imperative. ZTA assumes that no one, whether inside or outside the organization, can be trusted by default. This approach requires stringent identity verification and continuous monitoring, limiting the potential damage of breaches. 

  1. Supply Chain Attacks Mitigation

Cyberattacks targeting the supply chain have become increasingly common, impacting organizations of all sizes. To mitigate these risks in 2024, businesses must conduct thorough vetting of their suppliers and implement strict security standards. Additionally, developing incident response plans specific to supply chain attacks is crucial for minimizing potential damage. 

  1. Regulatory Compliance Complexity

As cybersecurity regulations continue to evolve, organizations face the challenge of keeping up with compliance requirements. Navigating this regulatory landscape without using the banned word “landscape” becomes vital. Compliance with data protection laws, such as GDPR and CCPA, is not just a legal requirement but also essential for maintaining trust with customers. 

  1. Cloud Security Enhancements

Cloud adoption is on the rise, and so are cloud-related security challenges. To ensure data remains secure, businesses need to invest in robust cloud security measures. This includes encryption, access control, and continuous monitoring to identify and respond to potential threats. 

  1. Ransomware Resilience

Ransomware attacks continue to plague organizations worldwide. While it’s crucial to prevent these attacks, it’s equally important to prepare for the possibility of a breach. Creating ransomware-specific incident response plans and regularly backing up critical data can minimize the impact of such attacks. 

  1. IoT Vulnerabilities

The Internet of Things (IoT) devices are becoming increasingly integrated into business operations. However, they often lack robust security features, making them attractive targets for cybercriminals. Organizations need to assess the security of IoT devices and networks and implement measures to protect against potential breaches. 

  1. Enhanced Employee Training

Human error remains a significant cybersecurity threat. To address this, businesses should prioritize ongoing cybersecurity training and awareness programs for their employees. This includes educating them about phishing attacks, password hygiene, and recognizing potential threats. 

  1. Incident Response Planning

In the event of a security breach, having a well-defined incident response plan is critical. Organizations should regularly test and update their plans to ensure they can respond effectively to cyber incidents and minimize downtime and data loss. 

The cybersecurity trends of 2024 offer valuable insights into the future of digital security. Staying informed about these developments and proactively implementing cybersecurity measures is vital to protect your business and data. 

 

Josh Wilhelm Acquires an Interest in Right Hand Inc and Joins as President

July 15th, 2019: Josh Wilhelm, former Executive Vice President with Plus Consulting, has made an investment in Pittsburgh based Right Hand Inc. In addition to shareholder, Josh will be joining the organization as President.

“I have known the team for many years and have witnessed their absolute dedication to providing best-in class services to their clients. After leaving Plus Consulting, I wanted to join an organization as a partner that had three things; operational maturity, a great culture, and financial health,” said Josh Wilhelm. “Right Hand Inc has that and more, which allows me to focus where I can contribute the most – driving Strategy and Business Development.”

CEO, Jason Vanzin said, “We really focused that last few years on growing organically by acquiring clients through word-of-mouth. It helps to have a reputation for partnership with our clients. When your clients know you watch their back, make sure they are secure, and that their systems are always up and running, they tend to talk. As engineers, we are great at delivery. In building a better mouse trap, we have sometimes let up on client acquisition. Although I was not looking to bring on a partner or sell a stake in Right Hand, I have been wanting to work with Josh for a long time. I have known him for almost two decades, and when we started talking, it just made sense. He has been in the industry for a long time and has a proven track record for growing IT companies.”

Josh Wilhelm will join the organization as President. In this role, he will focus on new client acquisition, expanding the Right Hand brand, and strengthening partnerships with companies like Microsoft, Citrix, ConnectWise, and Datto.

Right Hand, Inc. was founded on a very simple idea – that your IT company should have your back. Our experts plan, monitor, and manage our clients’ technology to allow them to focus on their own business growth and organizational success. Every eligible member of our technical team is security certified, because IT management should focus on expediency but not at the expense of security. With the right team in place, we help companies find and maintain the proper balance between the two.

Right Hand has been repeatedly recognized by the industry for the services and results they deliver to clients.

  • CRN, a brand of The Channel Company, has recognized Right Hand Inc as part of it’s CRN MSP 500 list for 2017 and 2018.
  • Channel Futures has recognized Right Hand as part of it’s MSP 501 list for 2016, 2017, and 2018.
  • Penton Technology recognized Right Hand as part of it’s Total Service Provider (TSP) list for 2016 before merging with the MSP 501.
  • ChannelE2E recognized Right Hand in 2016, 2017, 2018, and 2019 as part of its Top 100 Vertical Market MSP for servicing Manufacturers nationwide.

YOUR GOALS are our goals

Employee productivity is what we both want. The better we manage your IT, the more productive your employees and our engineers are, and the more profitable we both are.

NO Nickel-And-Diming Or Fine Print

Our service agreements aren’t full of weasel clauses and exclusions; you’ll know exactly what you’re paying for and what you can expect – no “gotchas” or hidden fees.

You’ll Get A Professional Team, Not A “One-Man-Band”

Many IT businesses only have a few technicians on staff, which means you might be left waiting for hours or even DAYS to get your computer problems resolved because they’re short staffed or too busy trying to serve all their clients.

12-Minute Guarantee:

We will respond to your IT problem within 12 minutes or less, GUARANTEED.

Reacting to Ransomware – Worst Case Scenario

Reacting to Ransomware – Worst Case Scenario

Maybe you’ve heard about ransomware somewhere but never expected it to happen to your business.  Or maybe you knew about it and took precautionary steps, but still got infected.  Perhaps you are in disaster recovery mode as you are reading this – desperate to find any information that might help.  Make no mistake – ransomware attacks do not discriminate and the threat they pose to businesses is not a joke.  A report created by the Cyber Threat Alliance estimates that over $325 million in damage occurred to businesses in 2015 alone – and this analysis is based on only one particular strain of the malware.  Check out the report here.

Unfortunately, most cases of ransomware will ultimately result in lost data, time, productivity, and money for a business that has fallen victim.  While our team at Right Hand wants to equip clients with the tools and information needed to avoid this threat altogether, we also want business owners to know what to do when an infection hits.  The following guide will offer tips, best practices, and advice for anyone who is staring down one of those dreaded ransom notes.  Remember that all is not lost – acting quickly and decisively is the best counter to a ransomware threat.

Know when you’ve been infected and act fast.

It is easier to take action when you can quickly identify the signs of a ransomware attack.  The trademark of ransomware is to lock up access to your data – this means documents, spreadsheets, PDF forms, and many other file types.  If you realize that you cannot open any of them, this could be your first clear sign of an infection.  Error messages displayed when attempting to open a ransomware-encrypted file commonly report that the file may have become corrupted.  The hackers who write ransomware code want you to know what’s happening so that you can get to the part where you send them money.  The ransom note itself will likely be very obvious – displayed in the web browser or even replacing your current desktop background.  Some strains of ransomware will create small TXT files that will appear in locations where files have been encrypted.  Opening these files will reveal the ransom note.

The content detail of the ransom note can vary, but ultimately its purpose will be the same.  Your files have been encrypted or locked, and you will have to send money to the hackers in order to regain access.  Some ransom notes will even try to portray themselves as a charity or other good cause in the attempt to better convince victims to pay.  The payment itself is almost always requested in bitcoins, which is a virtually untraceable form of virtual currency.

Right Hand recognizes that in some cases, making payment can be the only remaining course of action to retrieve business critical data.  With that being said, we highly discourage this action for three major reasons.

  • There is no guarantee that the hackers will actually release your data upon receiving payment.
  • Your business will be flagged as a successful hit, inviting additional future attacks.
  • Your ransom helps to fund illegal activity, giving hackers access to newer and more dangerous types of malware.

If you’ve successfully identified that a computer or computers have been infected, your best chance at mitigating damage comes by acting fast.  NEVER allow an infected computer to sit idle while connected to the network and the internet.

Ransomware is almost exclusively initiated by social engineering tactics.  Right Hand offers training programs that simulate actual attacks, giving your users an edge when it comes to identifying a potential threat before it happens.

Click here to contact us and learn more.

Disconnect the computer from your network IMMEDIATELY.

Immediately disconnecting the computer from the network serves multiple purposes.  The most important part is that you prevent the infected computer from spreading to other resources on the network.  Never assume that the virus is limited to the computer where it originated.  Most strains of ransomware are smart enough to find and encrypt files not only on the originating computer, but also any shared folders or mapped drives.  This usually means that file storage servers on your network are also going to be at risk.

When you disconnect the computer from the network (and the internet) you cut off any outside access the hackers may have gained to your system.  In some rare cases, acting quickly to disconnect a computer can interrupt the malware as it does its work – and protect files that may otherwise have become encrypted.

This is the most important step to take for mitigation of damage.  This should be done anytime there is even a suspicion of ransomware.  In all cases, if there is any doubt, simply power the infected computer off.

Boot the computer into safe mode.

When you are ready to perform some initial troubleshooting on an infected machine, boot it into safe mode.  Safe mode is always the best environment to remove malware because the system will boot using only the bare minimum resources necessary to run the operating system.  In most cases, but not all, malware cannot run properly while in safe mode.

To get your computer into safe mode, press the F8 key during boot-up of pre-Windows 10 computers.  This displays a menu that offers the user choices of how they want to boot Windows.  For this scenario, choose safe mode without networking.  Remember that any kind of connectivity in this state can place other computers and servers on your network at risk.  If you are running Windows 10, you can reach safe mode by holding in the shift key while clicking the restart command.

Try using system restore.

System restore is a very handy feature that is built in on all current versions of Windows.  However – it should be noted that it is NOT turned on by default in Windows 10.  Right Hand recommends turning this feature on immediately for any Windows 10 computer.

System restore can be found by looking under Accessories – System Tools in the start menu.  This tool will attempt to revert the computer to a state it was in at some time in the past. (Preferably before it got a ransomware infection.)  In some cases where the user has acted fast enough, the computer can be restored to its previous state without suffering any ill effects of the attack.

It should be noted however that system restore is not foolproof.  Many malware strains specifically target system restore backup points and prevent you from using them.  It is also possible for system restore to complete successfully while files remain locked up and encrypted.  Another important thing to remember is that system restore will reboot your computer into normal mode.  If system restore doesn’t bring success, boot the computer back into safe mode and move to the next step.

Use a trusted anti-virus or anti-malware.

The next step to take would be to utilize anti-virus and anti-malware tools, using the most comprehensive or deep scanning options allowed by your software.  Locked files cannot be recovered by this means, but you can usually get the malware removed from the computer and prevent further damage to your system.

Re-install Windows.

A full format of the hard disk and fresh installation of your Windows operating system may be time consuming and stressful, but this is a guaranteed way to get the infected system clean again.

Many business owners will understandably save this step as an absolute last resort.  Still, Right Hand recommends this as the best solution to ensure any traces of ransomware are wiped out.  Ask yourself whether avoiding the downtime would be worth risking further damage to your data and network.

Restore from a good backup.

We wholeheartedly hope that you have one.  Once you have reformatted the infected computer and re-installed a fresh copy of Windows, you’ll need to restore from backups to get your old files back where they used to be.  If the infected computer was connected to external file shares on your network, those locations should also be checked for encryption.  Restore good copies if necessary.  Remember that any networked location that the infected user had access to is potentially damaged.

Having a solid backup solution in place is your #1 protection from the damaging effects of ransomware.  Encrypted files cannot be unlocked by anyone but the hacker.  Don’t take unnecessary risks with your business critical data – if you aren’t backed up, call us today or visit http://backup.rhtg.net.

Report the occurrence to the authorities.

They won’t hunt down and bring justice to the hacker that got you, at least not initially.  It may seem like a bother, but reporting your incident to the FBI may help them to identify patterns and investigate the crime at its source.  Incidents can be reported at the FBI’s Internet Crime Complaint Center at http://www.ic3.gov.

Bring your computer to the professionals.

If you have a computer infected with ransomware and you’re not sure what to do, let the pros take a look.  Our experienced technicians at Right Hand are knowledgable on the threat of ransomware and have encountered it in many different situations.  We have the tools and experience necessary to give you the best chance at saving your data and helping you to avoid another attack in the future.

Right Hand is a managed service provider offering custom IT solutions for any size business, large or small.  Our team can protect your network from ransomware and other threats.  Don’t wait for disaster to strike – call us today at 844.254.RHTG (7484).

 

Ransomware Threats in the Air: How to Prevent and Protect

Ransomware in the Air – Strategies to Prevent and Protect

Unless you’ve been living under a rock, you’ve probably heard about the latest flavor of cybercrime that is circulating the internet – Ransomware.  As an experienced technician who has encountered this threat several times throughout its development, I’d like to spend some time today discussing what it is and what we can do about it.

Imagine that you are working on a deadline and you need to retrieve valuable client data stored on one of your server shares.  You go to open the file and receive an error message that the file is unreadable.  In the same folder you see a new file called DYCRYPTMYFILES.TXT.  You open this file to reveal a note from a smug hacker.  “Send 500USD in bitcoins to a specified address or lose access to your files permanently,” it says.  Browsing through your folders you quickly discover that you cannot open any of the files!  Worse – you call your IT professional and they tell you that there is no way they are getting those files back.  They are gone for good.

How do you think a scenario like this would affect the operation of your business?  How quickly do you think you could recover and get back to normal working order?  How much do you think it would cost?  It is unfortunate to say that many businesses will ultimately pay the hackers what they want in order to retrieve business critical data that they cannot recover by any other means.  For this reason, the ransomware industry is growing rapidly and the malware programs themselves become increasingly more sophisticated.

Right Hand heavily discourages anyone from giving in and paying the ransom.  While we do recognize that there can be situations where this is the only remaining way to regain access to business critical data, there really is no guarantee that the hackers will actually decrypt your files.  In addition, paying the ransom will flag you as a successful target, and you are very likely to be targeted again.

So what exactly is going on here?  At its core, ransomware is just like any other virus or malware except that it wants to target your data and “hold it for ransom”.  It does this by using encryption on any of your files that it can find – Word documents, spreadsheets, PDFs, pictures, music, databases, etc.  Encryption scrambles the data within those files, rendering them unreadable and virtually useless.  The hacker possesses the decryption key (what is needed to unscramble the data back to normal) and offers to return the files to the user in exchange for a sum of money, typically payable in bitcoins.  The hacker may also threaten to delete the key if the user does not act within a declared period of time.

Every business today should have knowledge of this threat and know how to protect themselves from it.  I have narrowed down three major areas of focus that a business can use to accomplish this.

  • Awareness training
  • Good security practices
  • Keeping good backups

I will touch a little on all three.

Awareness Training

 The weakest link in your network’s security chain is – and always will be – the user.  You can spend thousands on the best security firewalls and intrusion detection equipment and it will do you no good if Barry from Accounting mistakenly initiates a virus program.

Ransomware usually begins with a fraudulent email.  They purport to be from a trusted source, i.e. your bank, one of your contacts, or known entities such as UPS, FedEx, or ADP.  These emails always contain a clickable link or attachment that the user should click on to view more information about the email.  This is the bait, because once that user clicks it will immediately and silently begin to execute ransomware code.  Employees should be trained to use caution when opening any email attachment or clickable link.  In today’s world it has even become a common practice to “spoof” email addresses, making them appear as coming from a trusted sender.  For this reason, a simple phone call could be all that is needed to verify whether an email is legitimate.  Training should occur on a repeated basis to make sure employees have knowledge of current threats, what to look for, and how to deal with them.  When the users have knowledge beforehand they are much more likely to recognize a fraudulent email or webpage.  Additionally, in the event that a computer becomes compromised, you want that employee to recognize what occurred, act quickly and notify a network admin so that damage can be mitigated quickly.

The key here is remembering that it is not good enough just to have a policy.  Barry needs to be made aware of, and refreshed on the policy if you want him to become effective at detecting fraudulent communications.  In order to assist businesses with achieving this end, Right Hand offers an in depth training program that can simulate actual attacks, giving your employees the edge they need.

Contact us for more information by clicking here.

Good Security Practices

You always want to be sure you are following good security practices with your network regardless of the threats involved.  Here I am referring to technical controls and equipment that you can use to limit any unauthorized access.  For example, having a firewall is great for your network’s security, but can be meaningless if not properly configured.

Most strains of ransomware require the user to unknowingly download and execute malware code.  One way to counter this is by limiting administrative access to user’s computers when they don’t require it.  Processes that install software and change the registry require administrative access in order to work.  In this scenario, if Barry clicks on the bad email link, the ransomware may download but cannot execute because Barry does not have administrative rights to the computer.  This is known as the Principle of Least Privilege, and it is a good all-around security measure that will defend against more than just ransomware.

Another useful tip to prevent ransomware is to utilize a spam filter.  Most email hosting providers have this feature built right in, but some do not.  Check to see if your organization uses spam filtering, and find out how to implement it right away if you do not.  As stated previously, ransomware likes to worm its way in via fraudulent emails.  Having a spam filter in place doesn’t provide a foolproof safeguard, but it can drastically reduce the quantity of these emails that make it through to user’s inboxes.

There are many other good practices that business can follow to protect themselves and their data.  Right Hand offers security audits to help you see clearly the current state of your network.  Often, our technicians can discover ways to increase your network’s security with the assets and controls that are already in place!

Click here and let us know you’re interested.

Keeping Good Backups

The power of keeping regular backups cannot be overstated.  A good backup solution takes backups regularly, they are redundant, and they are stored both locally and offsite.  Gone are the days of fighting with tape backups and praying that they work when called upon.  In 2016, a small business can purchase an effective solution for about the cost of a cell phone plan – which is nothing compared to the financial cost of losing valuable client data to ransomware, or any type of disaster for that matter.  A business that keeps good backups of their system cannot be harmed by the effects of ransomware – aside from the downtime involved with removing the infection and restoring good copies of data.  Good employee training and controls are always most effective when combined with a reliable backup system.

In this scenario, Barry’s infected computer is cleaned of malware and good copies of encrypted data are loaded from backups.  The business may suffer temporary downtime and inconvenience, but ultimately they will make a full recovery.

A strong backup solution is your ultimate protection against data loss for any situation.  If you do not have a suitable backup solution, talk to us about how we can help you get to where you need to be.  To view quick and easy solutions for single computer backups, check out http://backup.rhtg.net.

GET YOUR FREE RANSOMWARE RECOVERY TIPS

Worst case scenario?  If you have already been infected with ransomware, we’re ready to help.  Fill out the form below for a free recovery tip sheet.

Right Hand is a managed service provider offering custom IT solutions for any size business, large or small.  Our team has the experience and knowledge to protect your network from ransomware and other threats.  Don’t wait for disaster to strike – call us today at 844.254.RHTG (7484).

[gravityform id=”4″ title=”false” description=”true”]