Ransomware and HIPAA Compliance in 2021

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July 5th saw a major attack on Managed Service Providers (MSPs), including Kaseya services. MSPs like Kesaya often offer their cloud-based services to several clients in multiple sectors, and Kesaya is no exception. In fact, Kesaya offers specific managed IT resources for healthcare clients, although no information has been released about any affected organizations. 

The combination of increased reliance on MSPs and the sensitive nature of healthcare providers make ransomware attacks a real threat, one that your dedicated IT team must consider as part of your cybersecurity and compliance strategy. 

 

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Top Cyber Security Threats facing SMBs today

SMB Cyber Security

Cyber Security Threats to SMBs

Most of the time, when we think about the most public cyber security attacks and data breaches, we generally associate them with large enterprises. The truth is cyber attacks are not limited by company size. 

According to the 2019 Cost of a Data Breach report by the Ponemon Institute, “small businesses face disproportionately higher costs than larger organizations when it comes to breaches.”

Small and Medium Size Businesses (SMBs) can be very profitable targets for bad actors because they have fewer resources and little in-house expertise to plan, implement, and execute a cybersecurity incident response plan. Business drivers and modernization needs make it an even trickier balancing act with the new norm of working from home. While large corporations can afford to spend vast sums of money on cybersecurity, SMBs must make every dollar count by identifying and focusing on top security threats. 

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