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The Impact of CyberSecurity Maintenance on Small Businesses

The Impact of CyberSecurity Maintenance on Small Businesses


Cybersecurity attacks can be costly to businesses, no matter their size. With over 40% of these attacks focused on small businesses, keeping your data protection strategies up to date is now essential.

Nowadays, hackers are constantly evolving their scams to try to access your company and employees’ personal data. Thus, any shortcomings in your data security strategy will put your business at major risks of theft of corporate information that can lead you to damaging financial losses and regulatory sanctions.

Not only that, the consequences can take bigger dimensions such as decreasing your sales and losing customers as a result of lack of trust in your data security policy.

For these reasons among others, companies of different sizes must regularly train their employees to overcome the most recent cybersecurity threats and update their policies following effective tactics to keep data protected.

Cybersecurity breaches can take your business backward and stand in your way of achieving your business goals. Therefore, your ultimate solution to maintain your corporate information and customers’ personal data safe is by reaching out to experts in cybersecurity.

At Cynexlink, our Security Center guarantees impeccable data protection around the clock for your company. From identifying to treating the vulnerabilities in your security system, we will help you maintain high levels of security and data protection.

By choosing Cynexlink cybersecurity services, you will finally be able to relax and shift your focus to other important aspects of your business that need improvement.

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The role of It Outsourcing In Businesses

The Role of IT Outsourcing in Businesses


Let’s start by pointing out a major issue startups and medium-sized businesses suffer from today: the absence of a qualified IT team.

Yes, we are aware that not all companies specialize in Information Technology. However, as the digital world continues to witness unceasing innovation, the role of Information Technology is representing a major support function in any business today.

For this reason, we believe that neglecting this aspect of your company can cost you thousands of dollars. ‘So would hiring my own IT team’, you might say. This is when we introduce you to a better and cost-effective solution: IT Outsourcing.

IT outsourcing is a compatible strategy for all business types and sizes. Instead of having their own IT staff, companies are now choosing to outsource their IT needs to experts at reduced costs.

For the most part, IT support is not the company’s specialty, but a support function only. Hence, through IT outsourcing, companies benefit from a competitive advantage by shifting their focus to their core business to set better strategies, rather than being consumed by operational technology issues.

On the other hand, any technical mistake can take bigger dimensions and lead to costly consequences. But luckily, IT outsourcing provides companies with the security their business requires. When hiring a competent IT provider, any business will be safe from data loss and cyber risk.

Moreover, IT outsourcing allows businesses to get flexible services that match their ever-changing demands. If your company’s main business is not directed towards IT services, then the projects you will need would mostly be temporary. Therefore, you will be saving money through temporary charges as well.

To sum up, having your own IT staff is not always a good idea, especially when the company operates in a different field. For this reason, Cynexlink strongly recommends you reach out to us for IT outsourcing as a cost-effective solution for all your IT issues.

Whether you are looking for managed IT services or struggling with your company’s cybersecurity, our experts at Cynexlink will go above and beyond to provide you with the solutions your business needs, at unbeatable prices. Get in touch with us and let us see how we can help you push your business forward more efficiently!

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Hacker Loves it when you use same passsword on multiple accounts

Using the same password for multiple accounts – Common Mistake


Using the same password for multiple accounts – Good idea or a bad idea?

We all find it very easy to reuse our passwords on different websites, as it saves us the stress of coming up with a new password every time we need to open an account on another website. Even though it seems easy and stress free; the truth is, when you reuse or recycle passwords, you set yourself or your company up for trouble in the event of a data breach.

There have been so many stories of data breaches and web security pitfalls in recent years. These have affected big companies like Twitter, Last FM, LinkedIn, and Yahoo. The story all unfolds in the same way almost every time; First, hackers access passwords and other user data on these sites, then, the company realizes what has just taken place, so they immediately notify the users to change their passwords.

The Danger

The danger of reusing passwords in an interconnected web is that, if hackers get a hold of your password on one site, they could easily use the information they obtained to log in to your account on another sites. They could continue this cycle until they reach your bank account. This is called a chain breach. Every time you reuse a password on another site, you stand a higher risk of being a victim, a chain breach victim.

It may not be too damaging when you reuse passwords for your personal accounts. At least, you are the only one that will be affected if a data breach occurs. Yet, if a company’s information is involved, it then becomes more complicated. This would involve a lot of people and could potentially cause many difficulties for the organization.

Some Options

So how are we to store our passwords, you may ask? About 38% of people just store the passwords in their memory, to avoid this kind of data compromise. But we all know that even the faintest pencil is better than the sharpest memory. So, the likelihood of you forgetting it is higher this way (especially when you have multiple passwords for different accounts). Approximately 26% of people write it down in a physical notebook. But the problem with this method is, it can get lost and you might not always have the notebook available.

A great deal of companies and individuals resort to using a password manager, to avoid their data being breached. This is a software that helps store passwords for different accounts. However, if the password manager ever gets hacked, this could easily in itself become a one-stop data breach.

These days, many companies are taking steps further by forcing employees to change their passwords regularly; making use of tokens; and even doing away with passwords entirely. The companies do this, to avoid the security pitfalls that many of the big names have gotten into and stay off the pathway of a potential chain breach.

A Solution

Many other top companies who value their data and those of their users take it a step further, by hiring companies like Cynexlink, to provide the best-tailored cybersecurity solutions for their company’s information and that of their users.

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New Malware is costly to business running ads

New malware is costly to businesses running ads


Description

Malware has been discovered creating fraudulent statistics on social sites and ad impressions, according to new research from Flashpoint. This false activity can become costly to businesses running paid ads and other marketing initiatives.

The malware delivers a malicious browser extension that performs fraudulent AdSense impressions and generates likes on YouTube videos. It also watches hidden Twitch video livestreams. The browsers affected include Google Chrome, Mozilla Firefox and Yandex.

 

What You Can Do

Invest in a good antivirus software. Ensure all your software programs are updated. Watch for security patches released by your software vendors and apply them as soon as they are available. If you don’t have the time or resources to invest in these activities, get a good managed services provider on board who can do it for you. This is very important as a malware attack can paralyze your business.

 

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Security-weaknesses-unsupported-software-leave-businesses

Security Weaknesses & Unsupported Software Leave Businesses Vulnerable


A new report from security platform Alert Logic has found that small-to-midsize (SMB) businesses are highly vulnerable to attacks because of a lack of skilled cybersecurity practices. These weaknesses include issues in encryption, workload configuration, limited visibility and outdated and unsupported operating systems.

Here are noteworthy findings from the Alert Logic report:

  • 66% of small-to-midsize (SMB) businesses rely on versions of Microsoft operating systems which have expired, or will expire by January 2020
  • Over 30% of SMB email servers operate on unsupported software, including Exchange 2000
  • Encryption issues affect 33% of SMBs investigated for the report. “This indicates encryption is not yet an instinctive behavior despite being a best practice and a requirement of many regulations,” states the report
  • 75% of SMBs leave vulnerabilities unpatched

“The continued lack of skilled cybersecurity professionals affects organizations of all sizes, and small and midsize businesses are at greater disadvantage because they can’t scale like large organizations can,” said Onkar Birk, senior vice president of product strategy and engineering at Alert Logic.

“[Vulnerable] organizations will greatly benefit from partnering with providers who can augment their limited teams with threat intelligence and experts to be more secure and compliant. Alert Logic’s research confirms that SMBs would benefit from more cost-conscious security options to take some of the responsibility off their shoulders,” he continued.

 

What You Can Do:

  • Prepare your business to migrate to operating systems which will remain supported after January 2020
  • Patch any vulnerabilities in your workload configurations
  • Ensure compliance with any relevant regulations and requirements by integrating best practices for encryption

Contact a trusted managed services provider for a consultation or additional information.

 

Cynexlink

16520 Bake Parkway Suite 125 | Irvine CA 92618

www.cynexlink.com | 949.668.0682

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Awareness on Whats app Malfunctioning

WhatsApp Malfunction Leaves Users Susceptible To Snooping


Awareness on IT Security

WhatApp thrilled users in January when they revealed compatibility with Face ID and Touch ID, allowing users to open, and continue utilizing their app, with the recognition of their facial features or a fingerprint. However, a recent malfunction with the new upgrade is leaving accounts requiring no verification at all and indirectly encouraging privacy invasion.

Upon enabling Face ID and Touch ID, WhatsApp users are prompted on whether they’d like their authentication “immediately” or in intervals ranging from one minute to one hour. If the option for intervals is selected, the app will use recognition in the allotted time frame during use to ensure the correct person is still browsing the app. Despite the extra security measure, one Reddit user found a loop hole in the app’s code and is warning others who utilize the feature. It seems that, by selection the option of timed intervals, users are able to close out of the app entirely and reopen it without any verification needed. The only users not affected by this glitch are those that have chosen the “immediate” verification.

Although not a high security risk, it still leaves many susceptible to snooping by others who may have access to their phone. A representative for Facebook said, “We are aware of the issue and a fix will be available shortly. In the meantime, we recommend that people set the screen lock option to ‘immediately’.” 

 

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Wendy $50 Million Settlement after Security Breach

Wendy’s Offers Staggering $50 Million Settlement After Security Breach


The well-known fast food chain reached an offered settlement amount after their point-of-sale systems were breached, leaving many entities and consumers left canceling cards and handling fraudulent activity.

The initial class action lawsuit was filed in February of 2016, Torres v. Wendy’s International, and later settled for $3.4 million. However, in April of 2016, “Pennsylvania-based First Choice Federal Credit Union filed a lawsuit, seeking class-action status on behalf of all affected financial institutions. The lawsuit seeks to have Wendy’s compensate affected card issuers for breach-related losses and expenses, such as the cost of reissuing cards and compensating cardholders for fraud losses,” Data Breach Today writes. Additionally, the fast food mogul is formally expected to update their security measure to ensure this issue is one of the past.

It is estimated that a staggering 18 million cards, issued by 7,500 various financial institutions, were compromised during the breach. Fortunately, it seems this current lawsuit may be nearing resolution as Wendy’s has offered a $50 million dollar settlement, fronting only $27.5 million while insurance disperses the remaining figure.

“By way of example, if valid claims are submitted for all eligible cards, it is estimated that settlement class members could receive approximately $2.00 per eligible payment card,” the proposed settlement reads. “If, for example, 40 percent of eligible payment cards are submitted, then settlement class members could receive approximately $4.80 per eligible payment card.” 

Breaches as uninvited guests every online business performing company must adopt healthy IT Security practices.

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Tips to imporve your Internet Privacy

5 Tips To Improve Your Internet Privacy


What is Internet Privacy?

Internet privacy is the practice including the imposition of personal privacy associated with storing, repurposing, provision to third parties, and displaying of data related to oneself via the Internet. It is a part of data privacy.

With hackers lurking at every corner of the web, it’s critical that you keep both your personal and professional data as secure as possible. Although pinpointing a reputable Cybersecurity company to handle your safety challenges is strongly encouraged, there are minor adjustments you can make at home to better protect your privacy.

Internet Privacy

5 Tips To Improve Your Internet Privacy

  • Check Social Media Privacy Settings

Pay a visit to the ‘settings’ portion of your social media accounts and make sure your posting are only shared with a small group of people if any. Allowing foreign accounts to view your postings, photos, and whereabouts is definitely not an action in favor of your internet privacy. Adjust your settings so only close friends and relatives have access to that information. While it may seem harmless, any amount of personal information is more than enough make you an online target.

  • Avoid Tracking

Your search browser allows visited sites to gain access to your former searches and target you from there. To avoid this, use private browsing when searching the web.

  • Favor Messaging Apps With “End-To-End Encryption”

A wide variety of messaging apps utilize what is called “encryption in transit”, documenting your information and conversations into their system instead of eliminating the thread upon closure. This could deem a problem if servers are hacked and information is disseminated. Stick with “end-to-end encryption” apps that don’t store your information, such as WhatsApp.

  •  Avoid Public Wifi

While public wifi seems convenient and enticing, it is strongly encouraged that you stick to private entities to avoid the risk of someone browsing through your device. The heavy traffic that frequents public wifi servers is a point of interest for hackers or individuals attempting to elicit private information.

  •  Don’t Settle For Basic Passwords

Put in the extra time to ensure your password contains a wide variety of letters, numbers, and symbols. It is strongly encouraged that you stray from the standard “one word” password and craft a complex phrase. The more difficult the password you make, the more difficult time an outside source will have getting into your accounts.

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Tips To Formulate Passwords That Will Have Hackers Stumped


It goes without saying that passwords are meant to be both incredibly personal and private. However, with some users utilizing birthdays and the word “password” itself as their easily crackable barrier between hackers and their personal data, many are being encouraged to step up their game and get clued in on various methods to eliminate easy access.

The most recent advice goes beyond a single world admission and promotes using phrases. Connect Safely informed their readers, “Such a phrase should be relatively long – perhaps 20 characters or so and consist of seemingly random words strung together along with numbers, symbols and upper and lower case letters. Think of something that you can remember but others couldn’t guess such as YellowChocolate#56CadillacFi$h.

Users are urged to use at least 12 characters while simultaneously adding numbers, symbols, and various uppercase and lowercase letters. However, crafting an ironclad password is only half the battle. It’s imperative to seek protection beyond the phrase by avoiding phishing emails and making sure your devices are secure.

Finally, it is strongly recommended to never use the same password twice. While it may be a bit of a headache tracking numerous passwords with their own creative twist, it will make hacking your accounts much more difficult for outside sources. You are only as hackable as the complex passwords you choose to utilize.

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Why Cyber Security Is Essential In 2019

Why Cyber Security Is Essential In 2019


Cyber Security and IT Security

As technology has made it’s irrefutable footprint on the pages of history, it seems that more and more amenities are being required by both businesses and personal users. With data breaches and seemingly effortless hacks becoming a daily occurrence, corporate users can’t afford to risk the possibility of having their identities and lives stolen. Notable advancements in technology mean malicious advancements in hacking and cyber crime, forcing virtually every user to suit up and prepare for a potential battle that creeps closer to our screens every day.

While there are a variety of different scams, they all maintain the same goal– money. According to Security First,It’s estimated that the global cost of cybercrime for 2017 added up to around $600 Billion. The number mounts up every year, and by 2021 pundits are suggesting a figure of $6 Trillion per year.” If these staggering numbers have yet to pique your concern, perhaps consider that the average cost of recovering from a cyber attack… is estimated at $5 Million.

Now, the questions remains; how can you, as a technology consumer, be proactive? You can better protect yourself by staying informed and going beyond typical antivirus software to protect your entity. Hire a reputable cyber security company that can help you maintain your cyber safety and aid you in any event that deems alarming. Stay informed about current scams on the rise and don’t let you’re pride get in the way of thinking this is a task you can do alone.

 

IT Security and Cyber Security services

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