Think your financial institution is immune to ransomware? Think again.
Many organizations in the financial services sector don’t expect to be hit by ransomware. In the recent State of Ransomware in Financial Services 2021 survey by Sophos, 119 financial services respondents indicated that their organizations were not hit by any ransomware attacks in the past year, and they do not expect to be hit by them in the future either.
The respondents mentioned that their confidence relied on the following beliefs:
- They are not targets for ransomware
- They possess cybersecurity insurance against ransomware
- They have air-gapped backups to restore any lost data
- They work with specialist cybersecurity companies which run full Security Operations Centers (SOC)
- They have anti-ransomware technology in place
- They have trained IT security staff who can hinder ransomware attacks
It’s not all good news. Some results are cause for concern. Many financial services respondents that don’t expect to be hit (61%) are putting their faith in approaches that don’t offer any protection from ransomware.
- 41% cited cybersecurity insurance against ransomware. Insurance helps cover the cost of dealing with an attack, but doesn’t stop the attack itself.
- 42% cited air-gapped backups. While backups are valuable tools for restoring data post attack, they don’t stop you getting hit.
While many organizations believe they have the correct safeguards in place to mitigate ransomware attacks, 11% believe that they are not a target of ransomware at all. Sadly, this is not true. No organization is safe. So, what are financial institutions to do?
While advanced and automated technologies are essential elements of an effective anti-ransomware defense, stopping hands-on attackers also requires human monitoring and intervention by skilled professionals. Whether in-house staff or outsourced pros, human experts are uniquely able to identify some of the tell-tale signs that ransomware attackers have you in their sights. It is strongly recommended that all organizations build up their human expertise in the face of the ongoing ransomware threat.
Aunalytics Wins a 2021 Digital Innovator Award from Intellyx
South Bend, IN (October 19, 2021) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that it has received a 2021 Digital Innovator Award from Intellyx, an analyst firm dedicated to digital transformation.
As an industry analyst firm that focuses on enterprise digital transformation and the disruptive technology providers that drive it, Intellyx interacts with numerous innovators in the enterprise IT marketplace. Intellyx established the Digital Innovator Awards to honor technology providers that are chosen through the firm’s rigorous briefing selection process and deliver a successful briefing.
“At Intellyx, we get dozens of PR pitches each day from a wide range of vendors,” said Jason Bloomberg, President of Intellyx. “We will only set up briefings with the most disruptive and innovative firms in their space. That’s why it made sense for us to call out the companies that made the cut.”
Aunalytics offers a robust, cloud-native data platform built to enable universal data access, powerful analytics, and AI-driven answers. Customers can turn data into answers with the secure, reliable, and scalable data platform deployed and managed by technology and data experts as a service. The platform represents Aunalytics’ unique ability to unify all the elements necessary to process data and deliver AI end-to-end, from cloud infrastructure to data acquisition, organization, and machine learning models – all managed and run by Aunalytics as a secure managed service. And, while typically large enterprises are in a better position to afford advanced database and analytics technology, Aunalytics pairs its platform with access to its team’s expertise to help mid-market companies compete with enterprise companies.
“We’re honored to have been selected by a respected analyst firm such as Intellyx to receive its 2021 Digital Innovation Awards,” said Rich Carlton, President of Aunalytics. “It is a testament to the value we bring to our customers who are challenged with the need to achieve critical insights to operate more efficiently and gain a competitive edge.”
For more details on the award and to see other winning vendors in this group, visit the 2021 Intellyx Digital Innovator awards page here.
Tweet this: .@Aunalytics Aunalytics Wins a 2021 Digital Innovator Award from Intellyx #Dataplatform #Dataanalytics #Dataintegration #Dataaccuracy #Advancedanalytics #Cloudnative #Artificialintelligence #AI #Masterdatamanagement #MDM #Datascientist #Machinelearning #ML #Digitaltransformation
About Aunalytics
Aunalytics is a data platform company delivering answers for your business. Named a Digital Innovator by analyst firm Intellyx, and selected for the prestigious Inc. 5000 list, Aunalytics provides Insights-as-a-Service to answer enterprise and midsize companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Aunalytics to Showcase Portfolio of Managed Services, Enterprise Cloud, and Data Cleansing Solutions at the Grand Rapids IT Symposium
South Bend, IN (October 18, 2021) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, will feature its managed services, enterprise cloud, and data cleansing portfolio at the Grand Rapids IT Symposium on October 21, 2021. The one-day event, designed exclusively for the IT executive community, will be held at DeVos Place in Grand Rapids, Michigan.
Aunalytics provides IT and security expertise to mid-market businesses in the areas of financial services, healthcare, manufacturing and professional services. The company’s Secure Managed Services offering combines mission critical IT services leveraging zero-trust end-to-end security to ensure data is protected regardless of a user’s location. Aunalytics provides managed components that offer stability and security, and its next-generation managed services offering is powered by a data platform that provides data-driven IT answers and embedded security that focuses on people and access.
The full suite of managed IT and integrated security services empowers businesses with a complete, all-encompassing approach that includes 24/7/365 monitoring and management, a synchronized network security platform, workstation and server patching, internet protection, email filtering and security, Office 365 management and security, multi-factor authentication, data and device encryption management, and security awareness training.
The company delivers advanced security for defending against modern threats through a team of engineers and analysts with expert skills and toolsets and, in regulated industries, Aunalytics provides the additional technology and controls required to manage risk. Its team of experts is dedicated to analyzing ever-changing rules and regulations and helping users to create processes and policies for data protection and meet compliance requirements within those industries that are regulated.
Aunalytics’ Enterprise Cloud offering is comprised of infrastructure solutions that provide a highly redundant and scalable platform for hosting servers, data, analytics and applications at any performance level. With the Aunalytics® Cloud Storage and Compute solution, users are assured the highest levels of security, accessibility, expertise, scalability, and savings. Aunalytics’ data centers, located in Northern Indiana and Southwest Michigan, meet the most rigorous standards for security, weather protection, temperature and humidity controls, fire suppression and more.
As data continues to expand exponentially, the challenge of data cleansing is rapidly becoming more difficult, as well as expensive. Aunalytics’ Aunsight™ Golden Record turns siloed data from disparate systems into a single source of truth across the organization. Powered with data accuracy, the cloud-native platform cleanses data to reduce errors, and Golden Record as a Service matches and merges data together into a single source of accurate business information, giving users access to consistent, trusted data across the organization in real-time. With this self-service offering, users can unify all their data to ensure enterprise-wide consistency and better decision making.
“Digital transformation remains a top priority for many organizations, and the IT community is eager for real-world knowledge about business changing technology and management solutions that are absolutely critical to drive the business forward,” said Rich Carlton, President and CRO of Aunalytics. “Our portfolio of managed services, enterprise cloud, and data cleansing solutions provides the tools they need to accelerate their digital transformation journeys. We look forward to meeting with members of the IT community at the Grand Rapids IT Symposium, and demonstrating how Aunalytics can partner with them to advance their business success.”
Tweet this: .@Aunalytics to Showcase Portfolio of Managed Services, Enterprise Cloud, and Data Cleansing Solutions at the Grand Rapids IT Symposium #GRSYM #Informationtechnology #Managedservices #Enterprisecloud #Datacleansing #Dataplatform #Dataintegration #Dataaccuracy #Digitaltransformation #ITsecurity #Securitytechnology
About Aunalytics
Aunalytics is a data platform company delivering answers for your business. Selected for the prestigious Inc. 5000 list, Aunalytics provides Insights-as-a-Service to answer enterprise and mid-sized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Credit Unions Realize Business Outcomes Sooner by Utilizing Aunalytics' Expertise
Aunalytics speeds time to value for credit unions looking to dive into analytics. By offering a well-rounded team including technology experts—such as data engineers and data scientists—and subject matter experts with experience in the financial services industry, Aunalytics is able to implement our Daybreak solution quickly and get credit unions actionable business answers using machine learning and AI.
Watch the video below to learn more about how our team gets credit unions the answers they need faster.
Aunalytics Ohio Defends EMI Against External IT Threats with On-Demand IT and Data Recovery Services
Aunalytics Ohio Defends EMI Against External IT Threats with On-Demand IT and Data Recovery Services
Leading Commercial Landscaping Operator Finds Managed Services to be the Panacea for Emergency IT Challenges, Including Lightning Strikes and Ransomware Attacks.
Fill out the form below to receive the case study.
Aunalytics is a data platform company. We deliver insights as a service to answer your most important IT and business questions.
Featured Content
Nothing found.
Webinar: Do You Trust Your Data?
Do You Trust Your Data?
Presented by: Katie Horvath, CMO, Aunalytics
According to leading industry experts, 70% of digital transformation projects fail. Yet, companies successful with data-driven initiatives are realizing a 20-30% increase in customer satisfaction along with profit margins between 20-50%. So, what’s the secret to success?
In this session we will discover the keys to successful digital transformation and how to harness the power of your data to increase customer satisfaction and shareholder value.
Data Scientists: Take Data Wrangling and Prep Out of Your Job Description
It is a well-known industry problem that data scientists typically spend at least 80% of their time finding and prepping data instead of analyzing it. The IBM study that originally published this statistic dates to even before most organizations adopted separate best-of-breed applications in functional business units. Typically, there is not one central data source used by the entire company, but instead there exist multiple data silos throughout an organization due to decentralized purchasing and adoption of applications best suited for a particular use or business function. This means that now data scientists must cobble together data from multiple sources, often having separate “owners,” wrangle IT and the various data owners to extract and get the data to their analytics, and then make it usable. Having Data Analysts and Data Scientists work on building data pipelines is not only a complex technical problem but also a complex political problem.
To visualize analytics results, a data analyst is not expected to build a new dashboard application. Instead, Tableau, Power BI and other out-of-the-box solutions are used. So why require a data analyst to build data pipelines instead of using an out-of-the-box solution that can build, integrate, and wrangle pipelines of data in a matter of minutes? Because it saves time, money, and angst to:
- Automate data pipeline building and wrangling for analytics-ready data to be delivered to the analysts;
- Automatically create a real-time stream of integrated, munched and cleansed data, and feed it into analytics in order to have current and trusted data available for immediate decision-making;
- Have automated data profiling to give analysts insights about metadata, outliers, and ranges and automatically detect data quality issues;
- Have built-in data governance and lineage so that a single piece of data can be tracked to its source; and
- Automatically detect when changes are made to source data and update the analytics without blowing up algorithms.
Building data pipelines is not the best use of a data scientist’s time. Data scientists instead need to spend their highly compensated time developing models, examining statistical results, comparing models, checking interpretations, and iterating on the models. This is particularly important given that there exists a labor shortage of these highly skilled workers in both North America and Europe and adding more FTEs into the cost of analytics projects makes them harder for management to justify.
According to David Cieslak, Ph.D., Chief Data Scientist at Aunalytics, without investment in automation and data democratization, the rate at which one can execute on data analytics use cases — and realize the business value — is directly proportionate to the number of data engineers, data scientists, and data analysts hired. Using a data platform with built-in data integration and cleansing to automatically create analytics-ready pipelines of business information allows data scientists to concentrate on creating analytical results. This enables companies to rapidly build insights based upon trusted data and deliver those insights to clients in a fraction of the time that it would take if they had to manually wrangle the data.
Our Solution: Aunsight Golden Record
Aunsight™ Golden Record turns siloed data from disparate systems into a single source of truth across your enterprise. Powered with data accuracy, our cloud-native platform cleanses data to reduce errors, and Golden Record as a Service matches and merges data together into a single source of accurate business information – giving you access to consistent trusted data across your organization in real-time. With this self-service offering, unify all your data to ensure enterprise-wide consistency and better decision making.
