Category: Security

40% of Businesses Hit by Ransomware in the Last Year

Nearly 40 percent of businesses have experienced a ransomware attack in the last year, according to a new study.

Scary results from this study suggest that apart from the cost to productivity, more than 30% of businesses lost revenue and 20% had to stop business completely.

Despite the focus on updated malware protection, these attacks are still getting through.

Even more disturbingly the study suggests that 40% of victims are paying the ransom demand, and yet they should simply be able to restore from backups.

The fact that they don’t suggests that they don’t have adequate backups.

If you are not 100% sure your backups can protect you from ransomware losses, contact PASR today to ensure that if/when you are hit, you will not end up paying hundreds, or thousands, of $$$$$ to get your data back.

There is currently NO OTHER WAY to reverse the effects of this malware!

If you would like to discuss this issue and what it means for your business, please get in touch. Since inception in 1996, PASR Technologies has been providing SME business owners with a level of service and support to the SME business owner that is typically only directly available in very large organisations.

Servicing businesses from 10 to up to 200 employees, our clients range from local SMEs through to regional offices of larger MNCs, and include airlines.

At PASR Technologies, we solve your IT problems before you even realize you have one!

Too Small to be Hacked? [Think you are not at risk?]

The Internet is a dangerous, anarchic place, and we always adopt what we believe to be appropriate and effective security precautions for our clients’ system. However, as we are dealing with smaller clients in the 10-200 user space, many of these feel that they are simply too small to be targeted by hackers, and often request lowering of their security settings as they often find them a little cumbersome, and thus reduce ease of use of their systems.

They make this request to lower their security settings because they feel that they are simply too small to be targeted by hackers and that they are not at risk. In our opinion, nothing could be further from the truth!

72% of known hacker breaches impacted business with less than 100 employees.
50% of those small businesses felt they were too small to be hacked. *
Nearly 1 million new malware threats are released every day

Continue reading Too Small to be Hacked? [Think you are not at risk?]

Is Windows Finally Secure?

We’ve all believed for so long that the Windows operating systems are full of security flaws: – but is this really the case, and more to the point, is it still the case?

With the significant number of security flaws impacting non-windows systems coming to light over the past nine months – a new phenomenon in computing history, I’m prompted to ask this question. General perception has always been that only Windows suffers from security flaws, but I’m not a believer, and would to present here a different perspective for your consideration. Continue reading Is Windows Finally Secure?

Hacked Online

Barely three months after I first touched on this topic, we hear earlier this week that the Singapore Government’s SingPass access system to all government resources – IRAS for personal and corporate tax, CPF, MOM and many, many more has been compromised, with the IDA initially blaming users for having weak passwords. Yes, we users play a big part in ensuring the online resources we access remain secure, but a number of questions have to be raised:

a. How does the IDA know whether/if users have weak passwords – why are they privy to this information?

b. Why are users permitted to create weak passwords in the first place? There are numerous mechanisms easily available to website developers to enforce string passwords.

c. How does a brute-force attack trying very large numbers of passwords in a very short space of time bypass intrusion detection systems? Do these even exist?

It seems to me that simply ‘refining’ the system after such an event, is a little on the light side of an appropriate response. Instead, what we probably need is a major overhaul on an emergency basis. To date we’ve been told that only about 1600 of the three million accounts have been compromised, but how many more will be ~~hacked~~ compromised now that the possibility of doing so has been highlighted to the global hacking community?

Call to Action:

Check your own Singpass account NOW
If you have not changed your password recently do it NOW.
If your password is not complex change it NOW.

PASR Technologies has been providing SME business owners with a level of service and support to the SME business owner that is typically only directly available in very large organisations.

The title

Category: Security

40% of Businesses Hit by Ransomware in the Last Year

Too Small to be Hacked? [Think you are not at risk?]

Is Windows Finally Secure?

Hacked Online

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