Ransomware Attacks Now Target Community Businesses

Ransomware Attacks Now Target Community Businesses

If you think that your business will not be a target for ransomware attackers, think again. This is no longer a problem only for large enterprises—now, ransomware attacks target community businesses as well.

The Battle Creek, Michigan community woke up to a May Day attack that forced its Kellogg Community College (KCC) to close all operations. In the middle of preparations for final exams, all five campuses serving approximately 6900 students closed and all operations came to a screaming halt.

The community college posted alerts on its website and social media:

 

UPDATE FOR KCC STUDENTS AND STAFF: As we have previously informed you, we have been victim of a ransomware attack on our systems and services. We are still working to understand the full extent of this incident, but since our last update, we have been working diligently with our IRT team and have made progress into our restoration process. To our students: all campuses will remain closed tomorrow and until further notice to all our students. All classes are also canceled until we are able to reopen safely.

 

Eric Greene, the Vice President for Strategy, Relations, and Communications at KCC said: “We are still working to understand the full extent of this incident, but as soon as we became aware of it, we immediately assembled a multi-disciplinary team and engaged independent legal counsel and external forensic experts.”

Greene continued, “KCC had backups in place, and we are working systematically with our IT experts to restore our operations.” But even though KCC had backups, “As a precautionary measure, all campuses have been disconnected and our systems will remain offline until they are deemed secure by our IT experts. As a result, our students and staff might experience delays accessing our services, including campus emails, online classes, and resources,” Greene said.

Back-ups alone are not sufficient to prevent business disruption when a ransomware attack hits. Preventing the attack, rather than having to respond to it, is key. KCC remained closed for three days while IT scrambled. All computer access to university systems had to be shut down in an attempt to stop further damage. The response and mitigation included a forced password reset for all students, faculty and staff, and adding multi-factor authentication (MFA) for all users.

Enable Multi-factor Authentication

MFA is an important security measure when people access systems remotely. It provides an extra level of verification to make sure that the user attempting to access the system is really an authorized user and not a bad actor trying to get in. Modern business regularly includes employees logging in from home, travel and mobile devices to access data and systems from their organization. As such, the old firewall security perimeter around your place of business does not protect you. Modern security requires focus on users and access. MFA is something that is easy to add to your security stack. The protection benefit from MFA far outweighs the resource cost of installing and using the technology. Really, there is no excuse for not having MFA in today’s threat landscape. It is standard.

So if you do nothing else this year to improve your security posture, add MFA. But considering that community businesses are becoming targets for cybercrimes, unless you can afford a complete shut-down of your business, it is becoming a must to have modern security technologies (including robust monitoring so that you are equipped to prevent attacks and are better positioned to respond and mitigate), in addition to back-up and disaster recovery plans.

Shift Applications to the Cloud

Mid-market businesses are shifting security and data center responsibilities from on premise servers and security maintained by their IT department, to partnering with cloud experts who run data centers, keeping client systems stable and secure as their full time business. The trend with line of business applications used by your team for daily operations is cloud. As more and more community businesses use cloud based apps for functions like accounting, customer portals, ERP, CRM and HR, having cloud experts with the tools and the skills to be able to secure your organization’s data (from multiple sources) for safe use by remote users makes more sense than trying to build a security fortress yourself at your place of business.

Partner with Experts

If cybersecurity is not your main line of business, partner with security experts unless you want cybersecurity to become your main line of business. It will consume your resources to stay current with emerging threats, protective means, 24/7/365 monitoring, best practices and constantly evolving security measures. The ever increasing sophistication and volume of attacks has shifted the answer to the “buy it or build it” question for this critical business service from the solution being your in-house IT department to the solution requiring managed security services to supplement your in-house IT team.

Don’t become the next ransomware attack headline. Community businesses can take steps to avoid ransomware attacks. An ounce of prevention, after all, is less costly than the cost of operational shut-down, PR scramble, customer service disruption, brand reputation tarnishment, and emergency security consultant fees paid when you are in the middle of an attack that succeeded.


Man in data center with laptop

Why Cybersecurity Should Be a Top Priority for Mid-market Businesses

Man in data center with laptopCybersecurity should be a top priority for mid-market organizations. With remote working at its highest, most businesses now hold some form of sensitive data in the cloud and workers access company data from remote locations. Zero trust security principles based upon a user’s credentials instead of a user’s location within a firewalled company facility are the new norm.

At the same time, the number of cybersecurity attacks has increased to its highest levels ever. It has been reported that ransomware attacks increased over 90% in 2021. Ransomware has hit new levels of sophistication, with demands for payment skyrocketing into the tens of millions. McKinsey reports that attacks are motivated by:

  • Vulnerabilities posed by pandemic weary organizations and workers logging in from unsecured home networks
  • Ever advancing connectivity driven by advancing digitization
  • Threat actors are now “dwelling” undetected within victims’ environments (instead of using a smash and grab approach) to better understand where the highest value data and information lives and then selling that to the highest bidder
  • More companies have been forced to pay ransoms to regain control of their networks and data, so hackers are further incentivized to innovate on this lucrative threat

Companies need to ensure they remain resilient by focusing on ransomware prevention, preparation, response, and recovery strategies. This is a journey—threats continue to evolve and staying ready means staying up to date with new threats of increasing sophistication, cyber security strategies, and best practices. Over time, increasing cyber maturity creates a resilient environment where attacks may still occur but do not have the same impact they would otherwise.

Mid-market businesses need expert skills in cloud security and data security, which is not standard in mid-market IT department skillsets. Keeping servers in a closet guarded by your IT department is extremely risky for data protection. With constantly looming cyber threats, organizations should make cybersecurity best practices a top business priority—and Aunalytics is here to help.


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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


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