As a kid there was nothing more I loved than playing sports and competing. Now, as an adult and father of two, there is not much more I enjoy in my life than coaching. Initially, I was thrilled introducing my kids to the sports that brought me so much joy child and about teaching the basic skills of each sport. As my son has grown older and the skills and competition become more advanced new elements to coaching youth sports start to emerge.
According to a report from the FBI’s Internet Crime Complaint Center, financial losses from cyber-crime grew 90% from 2017 to 2018, while the number of complaints only grew 16%1. These numbers indicate that cyber criminals are getting more effective at siphoning large sums of money when they do succeed in compromising systems. This is likely due to the higher levels of sophisticated methods and tools they leverage to bypass traditional security measures such as next generation firewall and antivirus solutions. IT and Cyber Security Professionals in turn must also implement more sophisticated methods and tools to protect their organization’s digital assets.
This past week the Cyber Advisors Marketing Manager, Kate Drankoff, attended the Women of the Channel Leadership Summit East hosted in New York City. Kate works closely with the local Dell Technologies team and she was nominated to attend as a Dell guest. This inspiring event empowers and promotes the advancement of women in the IT Channel industry. Created to inspire and connect women working in technology, Kate, had the opportunity to attend keynotes, peer networking and engaged in executive spotlight sessions and power panels - all focused on helping women propel their careers and add value to their workplaces.
It is typical for businesses of today have their data and applications living in multiple locations among many clouds. This multiple cloud strategy may include a significant amount of your applications living on premise as well.
As companies prepare their budgets for 2020, financial leaders across the world are often looking at IT as one of their biggest annual costs. Additionally, each year seems to bring on steep increases depending on the type of organization and how they invest in technology. The expense is not necessarily predictable either- the more an organization has workloads in the cloud, the more likely the final expense becomes a moving target.
A Security Breach Can Happen To Anyone: Small or Large
Many in the cyber security industry are aware of the Equifax breach. It was one of the largest and most well- known data breaches to date, affecting 143 million personally identifiable information (PII) records of U.S. citizens. Perhaps the most alarming detail about this breach was that Equifax did indeed have a robust security program. Hackers were able to circumvent security controls by exploiting a vulnerability in the open source component, Apache Struts, which is an open source web application framework used to develop Java web applications. During that same year, WannaCry ransomware was released into the wild and there were a record breaking 14,000 vulnerabilities reported to US-CERT, according to CVE details1. In 2018, that number jumped to over 16,000. The lesson every organization should learn from this event is that a breach can happen to any business, small or large.
Why Outsource to a Managed IT Provider
Many organizations employ the services of a Managed IT Services Provider (MSP). One reason for this may be due to the high cost of employing an IT Professional in-house. According to the Bureau of Labor Statistics, the median salary for a Network Administrator in 2018 was $82,050 (not including costs of healthcare, paid time off, and other benefits). Given that the job market has continued to be at all-time lows, companies are focusing on leveraging their capital and other resources to focus on hiring talent that contributes to their core business. Shifting funds from strategic roles to support roles may hinder a company’s ability to compete, which may be a reason why companies are moving to and continue to outsource IT functions.
Cyber Advisors has the unfair advantage of working with over 600 customers in various levels of IT modernization and transformation. We see many mistakes that are made. The most common mistake we are seeing is emersion into public cloud without the proper assessment of public cloud use.
A small silver lining in the upcoming end of life woes facing companies in 2020. The Microsoft Exchange Team announced on Monday, September 16th that they are extending support for Exchange 2010 from January 14th to October 13th, 2020. This will only be a benefit for customers with Exchange 2010 running on Server 2012/R2. Microsoft is not changing the end of support date for Server 2008/R2.
Microsoft recently released some very exciting news- Microsoft Teams will be replacing Skype for Business Online and retirement is effective July 31, 2021. New tenants created now in Office 365 will be provisioned to Microsoft Teams and no longer in Skype for Business Online. Our talented engineers live and breathe in the world of Microsoft and technology every single day, and we've had a flood of excitement, along with lots of questions around this announcement… So the big question is, are you ready for Microsoft Teams?