Update: The Digital Manitoba Initiative was a Manitoba funding program created to support business technology adoption and digital transformation. This article is being kept as a historical reference. Businesses looking for current guidance on cybersecurity, managed IT, cloud upgrades, or digital planning can contact Constant C for help identifying today’s best options.
Insurance costs money. Whether you’re getting home insurance, business insurance, or any other kind of insurance - the house always wins. If insurance companies weren’t making money off of policies, they’d go out of business. That means that, when you get insurance, you’re almost certainly going to pay more into the policy then you’re going to get out of it.
Cybersecurity is a complex topic and we want to make it easier for you to understand. In light of that, we’re going to look at who the cybercriminals that threaten your business are, why they engage in cybercrime, and how you can stop them.
Who poses a threat to cybersecurity?
Cybersecurity is complicated, and the entities who work to threaten cybersecurity (called cyber threat actors) have a vested interest in remaining anonymous.
There’s a tendency in some circles to think of cybercrime as, if not unsophisticated, disorganized. Maybe it’s because of the movie Hackers, or maybe it’s because of news coverage, but many of us think of hackers as individual actors, rather than as groups of organized criminals.
Cybersecurity can be tricky to understand. When you hear about things like Managed Detection and Remediation (MDR) or Two-Factor Authentication (2FA), it’s easy enough to understand that they add levels of security to your network. Understanding exactly how they do that, however, can be a bit more difficult.
Last year, one quarter of organizations experienced a breach of employee and/or customer data. A further 38% of organizations did not know whether or not they had experienced a breach.
Those are some pretty terrifying statistics. They help illustrate why so many cybersecurity experts are recommending Managed Detection & Response (MDR).
What exactly is MDR? How can your organization use it to keep your most valuable data secure? And what are some of the differences between MDR services? We’re going to answer these, and other questions, in this brief piece.
