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A Notable Shift in Cyber Attacks

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As we proceed into 2023, we begin receiving reports and analysis of 2022, the year that was.  Now is a time when we gather data and perspectives on the past year. This new information helps guide us to better decisions in the year ahead. With respect to Cyber Attacks, the information is definitely both positive and negative in nature.

Mixed News

As reported recently in CRN, SonicWall reports in their 2023 annual Cyber Threat Report that ransomware attack volume dropped by 21% worldwide last year. In the US, the volume dropped by 48%.  While this is good news, we see some serious caveats in the data.

  • 2021 was the worst year on record for ransomware attacks, with more than 600 million worldwide.
  • Even with the 21% drop, 2022 still had the second largest number of ransomware attacks in history.
  • Ransomware attack volume in 2022 was 50% more than in 2020, and more than 2019 and 2022 combined.
  • SonicWall also reports that the last quarter of 2022 had a spike of attacks with an increase over Q4 in 2021.

What does this mean?  Ransomware attack volumes have dropped, but they are still at historical highs.  It is too soon for us to predict a change that would alter how we protect and respond these attacks.

Shifting Landscape

Related data suggest the cyber attack landscape is shifting. This information suggests that cyber criminals are focusing on other types of attacks. In 2022,

  • Cryptojacking attacks jumped by 43%
  • IoT malware attacks increased by 87%

Similarly, CRN reported that security vendor CrowdStrike noted a 20% increase in data theft and data extortion attacks that did NOT deploy encryption. More attackers are avoiding the protections against ransomware and simply threatening to expose or release sensitive data.

What does this mean? Businesses with solid cyber security and business recovery solutions in place can avoid paying ransoms. Collecting ransoms to decrypt files has become less attractive.  By quietly identify and collecting sensitive information, cyber attackers regain the upper hand.  They can release portions of the data if the victim hesitates to pay.

The Impact on Your Business

While we may see some encouraging signs, your business remains at risk. Our Security CPR model guides decisions on cyber security solutions. The model offers a holistic approach that begins with communication and education, ensures protection and prevention, and includes your ability to restore and recover.

To ensure your business has the resiliency it needs, focus on threats most likely to impact your business and those that will be the most damaging if successful. We have a number of blog posts, webcasts, and whitepapers in our Resource Center.

Call To Action

For a look at your cyber security, complete our Rapid Security Assessment (free through June 2023) for a review of your basic security measures.

Contact us or schedule time with one of our Cloud Advisors to discuss your cyber security protections and/or your broader security needs, priorities, and solutions.

About the Author

Allen Falcon is the co-founder and CEO of Cumulus Global.  Allen co-founded Cumulus Global in 2006 to offer small businesses enterprise-grade email security and compliance using emerging cloud solutions. He has led the company’s growth into a managed cloud service provider with over 1,000 customers throughout North America. Starting his first business at age 12, Allen is a serial entrepreneur. He has launched strategic IT consulting, software, and service companies. An advocate for small and midsize businesses, Allen served on the board of the former Smaller Business Association of New England, local economic development committees, and industry advisory boards.

The Cloud, Shared Responsibility, and You

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The vast majority of small and midsize businesses (SMBs) understand — or have learned the hard way — that the ability to recover lost or damaged data is critical to your IT services and business resiliency.  You need to be able to recover and restore files, databases, servers, and workstations from loss due to disasters, hardware failures, software errors, or human action. In the cloud, it is your shared responsibility to protect your data.

The Cloud

As we move data, services, and servers, we rely on infrastructure and security built into the services.  Google and Microsoft operate industry-leading, sophisticated services designed for security as well as performance, features, and functions.  The capabilities do three things:

  1. Continuity: Ensure the clouds run with little or no disruption
  2. Recovery: Enable the restoration of services without loss of failure do to hardware, network, or other issues
  3. Capability: Provide us with the ability to secure and protect our data based on our usage

Microsoft, Google, and other cloud services do not, however, protect us from how we use their services.

You

Microsoft and Google do not control how we use Microsoft 365 or Google Workspace services.  We, as subscribers, control how we manage and protect our data, including:

  • Who can access the services
  • Which applications can connect and integrate
  • Which other applications and services will share user identities
  • Which users can manage, edit, suggest, or view files and folders
  • Which users can access various services within each of the productivity suites

With these controls comes great responsibility.  You are responsible for how your data is stored and used.  You are responsible if that use causes data loss or damage.

Shared Responsibility

Microsoft and Google  both use a “Shared Responsibility” model for security and data protection. The model defines which aspects of the cloud service security and data protection are your responsibility and which are the responsibility of the service provider.

Microsoft

Microsoft Shared Responsibility ModelMicrosoft discusses Shared Responsibility as a component of its terms of service.  A recent Microsoft Learning article notes the following:

“In an on-premises datacenter, you own the whole stack. As you move to the cloud some responsibilities transfer to Microsoft. The following diagram illustrates the areas of responsibility between you and Microsoft, according to the type of deployment of your stack.”

For Microsoft 365, a “Software as a Service” (SaaS) offering, Microsoft expects you to take responsibility for protecting and recovery of your information and data; devices; accounts and identities; and portions of your identity and directory infrastructure. Microsoft has a detailed white paper covering shared responsibility for Azure services.

Google

Google Shared Responsibility ModelThe Google Workspace Data Protection Guide includes a section dedicated to the Shared Responsibility model. Google states:

“Data protection is not only the responsibility of the business using Google Workspace services; nor is it only that of Google in providing those services. Data protection on the cloud is instead a shared responsibility; a collaboration between the customer and the Cloud service provider (CSP).”

“As a Google Workspace customer, you are responsible for the security of components that you provide or control, such as the content you put in Google Workspace services, and establishing access control for your users.”

As a SaaS offering, Google warns that you are responsible for the access control, security, and protection of any and all content you place in the Google Workspace service. The Google Cloud Platform: Shared Responsibility Matrix provides a detailed overview of shared responsibility for Google Cloud Platform.

Back to You

Understanding your shared responsibility, you can meet your data security and protection obligations.

First and foremost, configure and use the security and data protection features included within your Microsoft 365 or Google Workspace subscription. These services range from multi-factor authentication to secure user identities and access to advanced data loss prevention services in enterprise level subscriptions.

Your next step is to add additional services to cover aspects of data protection not provided with your Microsoft 365 or Google Workspace subscriptions.  These services may include:

  • Advanced threat protection for inbound email
  • Backup/recovery of all user content in Google Workspace (including shared drives) and Microsoft 365 (including Teams)
  • Archive/eDiscovery services to meet internal data policy, industry guidelines, or regulatory requirements
  • Backup/recovery for data located on end user devices and on-premise or hosted servers
  • Continuity services for mission-critical servers and end user device
  • Message-level and file-level encryption for compliance with industry or regulatory requirements

Your business may or may not need all of the services listed.  Which services you deploy should be part of a larger assessment of your cyber security and data protection needs.

Call To Action

Contact us or schedule time with one of our Cloud Advisors to discuss how you are meeting your shared responsibility and/or your broader security needs, priorities, and solutions.

For a broader look at your cyber security, complete our Rapid Security Assessment (free through June 2023) for a review of your basic security measures.

About the Author

Chris CaldwellChristopher Caldwell is the COO and a co-founder of Cumulus Global.  Chris is a successful Information Services executive with 40 years experience in information services operations, application development, management, and leadership. His expertise includes corporate information technology and service management; program and project management; strategic and project-specific business requirements analysis; system requirements analysis and specification; system, application, and database design; software engineering and development, data center management, network and systems administration, network and system security, and end-user technical support.

Understanding a Third Party Data Breach & How to Prevent One

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Understanding Third Party Breach AlertsWhat is a Third Party Data Breach?

A third party data breach occurs when an individual’s login identity and/or personally identifiable information (PII) has been disclosed by a third party system or service. A third party system or service is one that is unrelated to your business.

Third party data breaches are a security risk to your business and your employees. To understand this risk, we look at human behavior and the nature of modern cyber attacks. Knowing the risks, we look at ways to identify and respond. We discuss methods to ensure you are properly protecting your employees and your business.

The Risks of Third Party Data Breaches

The Risk of Human Nature

Multiple studies show that between 65% and 70% of humans will use identical or similar passwords across systems. The practices of “patterning” and “mimicking” passwords is more common across accounts using the email address or username as the account identity, whether or not the login is for a business system or some other system or service.

Think about employees using their work email for business-related services, such as video conferencing services, LinkedIn, or file sharing services. Some employees may have accounts to online stores for purchasing materials or supplies.  A breach in any of these systems, which are out of your control, poses a risk to your business.

A second aspect of human nature that works against us: humans are social creatures.  People, at different levels, want and need to interact with others.  In general, humans are trusting and we want to be helpful.  We will share information if and when it fits within typical interactions and when we think we are helping ourselves or others.

The Risk of Cyber Attack Methods

Currently, sophisticated criminal organizations (sometimes backed by hostile nation-states or terrorist groups) execute the vast majority of cyber attacks. They often sell and trade methods, malware, and data on the dark web, as different organizations build specialized expertise. Modern cyber attacks reflect the sophistication and expertise of the cyber criminals. Most cyber attacks involve indirect and direct methods.

Indirect Attacks

We define indirect attacks as those intending to gather information. Cyber criminals collect useful information in order to conduct direct attacks and to sell to other criminals. Phishing, social media “clickbait”, and third party data breaches are three common examples of indirect attacks that provide personal information for further attacks.

Direct Attacks

We define direct attacks as those intending to gain access to your systems and information. These include compromised user identities or credentials, ransomware, activity/keystroke monitoring, business email compromise attacks, and other attacks where your data is exposed or altered.

Direct attacks are more successful if they use data gathered from previous, indirect attacks.  And while cyber attackers may manage the complete attack, it is more common for those interested in direct attacks to buy data from those that specialize in conducting indirect attacks.  Your answers to quizzes and games on Facebook are being sold to cyber criminals that will use that information against you in a future attack. Indirect attacks also gather information that allow the attackers to impersonate you, organizations, or those around you.

Maybe the information lets them craft a surprisingly real-looking email asking you to log into a fake website, or to transfer money to a vendor using incorrect banking information.  Or, you are asked to share the MFA code you received by text. And with enough information, the attackers pretend to be you and ask your customers to make a payment by wire or ACH transfer using their banking information, not yours.

Tracking Third Party Data Breaches

The best method of tracking third party data breaches is subscribing to a monitoring and alert service.  Use the service to scan and monitor the dark web for data breaches related to any email address from your business domain(s).  The service should send you alerts that include:

  • Email address of the breached account
  • Origin of the breach, if known and disclosed
  • The Source of the breached data (where was the data posted/visible)
  • The type of the compromise
  • When the data was found
  • If a password was compromised, and if the password is visible or encrypted
  • Any PII disclosed in the breach

Using this information, you can assess the risk and take appropriate actions in response.

At Cumulus Global, we partner with DarkWeb ID for third party data breach monitoring and alerts.  Our eBook, Understanding Third Party Breach Alerts, covers how to analyze alerts, assess risks, and respond accordingly.

Protecting Your Business From a Third Party Data Breach

To fully protect your business from a third party data breach, your security strategy needs to ensure you have three things in place:

  1. You and your team should understand your security risks and how your behaviors can help or prevent an attack.
  2. Have procedures and technologies in place to protect you from successful attacks
  3. Have security services in place to prevent the disclosure or loss of data and/or system access.
  4. Capabilities and services in place to respond should an attack be successful, and to help your business recover.

We developed our Security CPR Model specifically to help small and midsize businesses create, deploy, and manage an appropriate security strategy. If you follow this model in addition to other cyber security best practices, you’ll be well positioned to prevent a third party data breach.

Communicate & Educate

    • Communicate with your team that Cyber Security is a priority and educate them on cyber security risks, the need for everybody to be vigilant, and the behaviors/actions they can use to help prevent successful attacks.
    • Develop policies and procedures to establish clear expectations for how your organization will maintain cyber security and how your team will use security technologies and services

Protect & Prevent

      • Select, deploy, and maintain security technologies and services that match and support your cyber protection needs and priorities.
      • You can simplify your security services by focusing on the most likely threats and those that would have the greatest impact if successful (see: How Can SMBs Streamline IT Security?)

Respond & Recover

    • Put systems in place to recover lost or damaged data and systems; consider business continuity solutions that enable you to continue operating your business while restoring your primary systems.
    • Pre-arrange resources to help you respond to the technical, regulatory, legal, reputation, and customer service impacts of a successful cyber attack

You can learn cyber security tips and key information about third party data breach prevention by viewing Security CPR, our 3T@3 Webcast from January 2023.

Call To Action

Complete our Rapid Security Assessment (free through June 2023) for a review of your basic security measures.

Or, contact us or schedule time with one of our Cloud Advisors to discuss your security needs, priorities, and solutions.

About the Author

Allen Falcon is the co-founder and CEO of Cumulus Global.  Allen co-founded Cumulus Global in 2006 to offer small businesses enterprise-grade email security and compliance using emerging cloud solutions. He has led the company’s growth into a managed cloud service provider with over 1,000 customers throughout North America. Starting his first business at age 12, Allen is a serial entrepreneur. He has launched strategic IT consulting, software, and service companies. An advocate for small and midsize businesses, Allen served on the board of the former Smaller Business Association of New England, local economic development committees, and industry advisory boards.

 

 

PPP Changes Ease Loan Forgiveness

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(Updated  June 24, 2020)

UPDATE:  The deadline to apply for a PPP loan is June 30, 2020. 

  • As of June 20th, approximately $100 Billion remains in the program and available for loans.
  • The modified forgiveness terms makes it much easier to ensure your loan is forgiven.

In an effort to address limitations of the Payroll Protection Program (PPP) loans, the Senate passed, and the President sigened, a House version of the legislation to update the program.

As a PPP borrower:

  • You can optionally extend the eight-week period to 24 weeks, making it easier to reach full forgiveness.
  • Your payroll expenditure requirement changes to 60% from 75%, but is now “all or nothing” instead of scaled based on percentages.
  • You can use the 24-week period to restore staffing and wages to the levels needed for full forgiveness. The deadline is also extended to December 31, 2020 from June 30, 2020.
  • You may be able to invoke one of three exceptions if unable to fully restore the workforce.
    1. You can exclude employees who turned down good faith offers to be rehired at the same hours and wages as before the pandemic.
    2. You can adjust calculations if you cannot find qualified employees
    3. You can adjust calculations if you are unable to restore business operations to Feb 15, 2020 levels due to on-going COVID-19 operating restrictions.
  • You now have five years to repay the loan instead of two years
  • Your interest rate remains at 1.00%
  • You are now eligible to defer payroll taxes under the CARES Act, even though you are a PPP borrower.

Inertia: The Science of Business Continuity

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Newtons CradleTo paraphrase Newton’s Laws of Motion (with credit to Galileo) …

Absent an unbalanced force, an object in motion will stay in motion and an object at rest will stay at rest.

While this holds true for objects in a friction-less environment, it holds true for our businesses as well. Our businesses are in motion, working each day to service our customers with rhythms and cycles throughout each day, week, month, and year.

Our business cycles continue, until we meet an unbalanced force.

Some forces we expect, like changes in the economy that occur over a period of weeks or months.  Others forces are event-driven, such as storms, cyber attacks, and key employee departures. The sudden nature of event-driven forces can catch us by surprise, cripple our businesses in the short-term, and disrupt our normal cycles for the long-term.

A Case in Point

A company here in the northeast manufactures and distributes a customized product that customers generally replace or re-order every 2 to 3 years.  80% of the firm’s business is repeat, creating a strong and stable business. The company was hit by ransomware twice in a 3 month period.  The first attack, scrambled their files and their servers, but left their financial system in place.  They lost a day’s worth of data.  The immediate recovery took 3 days; the full recovery took nearly two weeks.  After three days of cleaning systems and restoring data, the company’s systems were up and running. They then had to enter the initial day lost data and all of the business activity for the 3 days their systems were down.  They allocated 1/3 of everybody’s time to recover the data, reducing productivity by 33% and impacting their responsiveness to customers. To enter the 4 days of missing data took over 10 days with the team working part time.

Inertia Takes Hold

This initial event changed the cycles and motions of the company. Whenever dealing with any business activity during the outage and recovery periods, they need to double check to make sure the information entered was complete and correct. And since some activities, like shipping and invoices related to prior activities, they need to double-check these connections.  Long after the two week recovery period, productivity is still down as the company’s daily motion now includes double-checking information that they are not sure they can trust.

Lesson NOT Learned

With so much focus on getting the business back into its normal rhythm, and the additional cost involved, the company did not act on recommendations that could help prevent a future attack and better ensure their ability to recover should a future attack occur. Whether the second attack was a different attack or they had failed to fully clean their systems does not matter.  The second attack was not caught until after the company’s backup server was hit, rendering their backups useless.  The company lost three years of data.

Inertia Creates a New Cycle

To recover from this attack took more than balancing data entry and on-going business. It was not feasible to manually recreate three years of data. While entering about 6 months of data for the fiscal year, they settled for a solution that created new methods and rhythms with long-term effects. They recalled all of their paper records from storage into an expanded warehouse space.  When a customer calls to re-order product they ordered 2 or 3 years ago, they search and retrieve the physical paperwork so they can create the new order. Every returning customer creates a scramble to find the paperwork in short order. Actions required in an emergency become part of the new normal. Inertia.

What You Can Do

You can be prepared with solutions that balance external forces beyond your control.

  • An educated and aware workforce balances the human manipulation that enables cyber attacks
  • Advanced threat, DNS, and web protections balance the forces of cyber attacks hitting us daily.
  • A robust backup/recovery and continuity system balances the forceful impact of disruptive events, giving you the ability to be up and running in hours not days.

If the company in our case study had implemented the recommended solutions after the first attack, they second attack would have disrupted the business for less than half a day — and may not have happened at all. The investment in communication, prevention, and recovery, while not trivial, was minor compared to the short term recovery and long term impact on the business.

If you are not ready or willing to have your business’ inertia redirected by forces beyond your control, now is the time to act.

Contact us for a free, no obligation, Cloud Advisor Session to discuss your business recovery and continuity needs and plans.

 

Cloud Computing Still Needs a Grand Strategy

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In a recent post on Forbes, columnist Joe McKendrick discusses a Cisco-sponsored IDC survey results showing a lack of coordinated cloud strategies among large enterprises.  Nearly half, or 47%, describe their cloud strategies as “opportunistic” or “ad hoc”. The 14% or respondents claiming managed, optimized cloud strategies, report substantial and tangible business benefits. These successes come from how applications are built and deployed, a strategy that does not always work for small and midsize businesses (SMBs).

SMB Cloud is Different

Cloud StrategyWhereas most enterprise cloud strategies focus on building new line of business applications and rebuilding existing systems for the cloud, most small and midsize businesses are not building or customizing their own applications. When SMBs do use custom applications, they typically rely on outside firms for development and support. When SMBs move to the cloud, they normally start with “infrastructure” services like email and file services. Existing business applications are often replaced by SaaS (Software-as-a-Service) cloud solutions — either from the current vendor or as a replacement.

SMB Cloud Forward Strategy

Without a strategy, you can end up struggle to get all of the pieces of your IT in the cloud connected to each other and/or your on-premise systems. For you, as an SMB decision maker, a sound strategy will:

  • Identify your business goals and objectives
  • Use these goals and objectives to define and prioritize your near-term and long-term technology needs
  • Create an architecture that defines the pieces — platforms, applications, and data — and how the pieces fit together
  • Drive your decision to go Google Apps, Microsoft Office 365, and/or another cloud platform or ecosystem

Creating your cloud strategy requires some thought and effort, but need not be a lengthy or overwhelming task. Starting with your business priorities and answering a few key questions gets you most of the way there. Once in place, your Cloud Strategy will guide your product selections as well as the order and timing of your deployments.

Interested in creating or updating your Cloud Strategy? Contact us for a Cloud Advisor session — for free and without obligation, or complete our Productivity Cloud Questionnaire for a free assessment and recommendation report.

 

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