Citizens Federal Case Study

Citizens Federal Simplifies IT with Managed Services by Aunalytics

Case Study

Citizens Federal Simplifies IT with Managed Services by Aunalytics

Ohio Savings & Loan Automates and Improves IT Efficiency with
Comprehensive Managed Services Suite by Regional Technology Leader

Citizens Federal Case Study
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Cybersecurity Controls Checklist

Cybersecurity Controls Checklist

Article

Cybersecurity Controls Checklist

Cybersecurity standards are constantly evolving as cyberattacks get increasingly complex. The following checklist from the Center for Internet Security (CIS) will allow your organization to evaluate whether the correct controls and safeguards are in place to meet global cybersecurity standards.

Cybersecurity Controls Checklist
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PPEC Case Study

Managed Services is an IT Workforce Multiplier for Paulding Putnam Electric Cooperative (PPEC)

Case Study

Managed Services is an IT Workforce Multiplier for Paulding Putnam Electric Cooperative (PPEC)

Aunalytics Brings Professional IT Infrastructure Services Team
to Support Operations Throughout Electric Utility

PPEC Case Study
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Cybersecurity Drives Insurance Crack Down

Article

Cybersecurity Drives Insurance Crack Down: Be Prepared to Document Your Security Posture

A common question for cyber insurance brokers in the last few years has been “If I implement this cyber security control, will I get a discount on my insurance premium?” The answer has been typically “no.” But these days, the answer has changed to “no, you won’t get a premium discount. And if you don’t implement that security control, you might not even get insurance.”

Cybersecurity Drives Insurance Crack Down
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Technology First Taste of IT 2021

Technology First, Taste of IT Conference

November 17, 2021

2021 Technology First, Taste of IT Conference

Sinclair Conference Center, Dayton, OH

Aunalytics to Attend 2021 Technology First, Taste of IT Conference

Aunalytics is excited to meet over 400 IT professionals at the Technology First Taste of IT Conference on in Dayton, OH and share information on our Secure Managed Services and Aunsight™ Golden Record offerings with attendees. The new Secure Managed Services stack combines mission critical IT services leveraging zero trust end-to-end security to ensure people and data are protected regardless of location, while Aunsight Golden Record turns siloed data from disparate systems into a single source of truth across your enterprise.

Technology First Taste of IT 2021

How Cybersecurity Mitigation Efforts Affect Insurance Premiums

How Cybersecurity Mitigation Efforts Affect Insurance Premiums, and How to Keep Your Business Secure

Cyberattacks have increased sharply over the past year. According to an August 2021 survey by IDC, more than one-third of organizations globally have experienced a ransomware attack or breach that blocked access to systems or data over the last twelve months. As a result, insurance companies are tightening eligibility requirements for cybersecurity coverage and requiring their insured to maintain higher standards of data security in order to qualify for better rates, and sometimes for renewal at all. Rates are increasing—up to 100%—for 2022, even for companies without any cyber incidents.

If you have received a renewal notice with a shocking sticker price for 2022, it is time to review your internal controls and security to learn if you can put in place further data protection to lower your rate. Worse, if you have received a notice that your business insurance policies are now excluding cyber coverage, data theft, or privacy breaches, you may be forced to shop for new cyber coverage at a time when attacks are at an all-time high. Without adequate security controls, obtaining coverage may be impossible. Due to the high cost of data breach incidents, you need to make sure that you are eligible for cyber coverage, but what does it take for 2022?

Aunalytics compliance and security experts are ready to help. We provide Advanced Security and Advanced Compliance managed services including auditing your practices, and helping you to mature your business cybersecurity processes, technology and safeguards to meet the latest standards and prevent new cyberattack threats as they emerge. Security maturity is a journey, and best practices have changed dramatically over the years. Threats evolve over time and so too must your cyber protection for your business to remain compliant and operational.


Does your cybersecurity meet 2022 insurance renewal standards?

Does Your Cybersecurity Meet 2022 Insurance Renewal Standards?

Article

Does Your Cybersecurity Meet 2022 Insurance Renewal Standards?

Given the increasing volume of cyberattacks over the past year, underwriters are tightening eligibility requirements for cybersecurity coverage. Learn how to put in place the necessary security controls to safeguard your business and secure insurance coverage.

Cybersecurity for 2022 Insurance Renewals
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Financial institution is hit by a ransomware attack

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.