Business + IT Insights

Business email compromise (BEC) is a harmful new type of cybercrime affecting companies across the world, costing billions of dollars. It’s critical for businesses of all sizes to understand what these attacks are and how to prevent them.

At Lazorpoint, we know that your company’s IT is essential to ensure your systems run smoothly and securely. In order to have sound systems in place, we believe it is vital to start with some basic, yet important steps.

You might have heard that Microsoft is ending support of some of its software. This means they will no longer provide upgrades, patching, security updates or accept warranty claims.

Outsourced IT helps your business stay focused on what you do best by supporting you with the IT expertise and management you wouldn’t otherwise have at your disposal.  With today’s intense security pressures and the constant threat of cyberattacks, an IT partner that’s adept at preventing and handling these challenges is critical for every company.

“Dear friend,
I am a displaced Nigerian prince desperately in need of your help…”

By now, we’ve all become fairly savvy at detecting the average phishing scam. If foreign royalty is asking you to send money, or some other stranger cold-emails urging you to invest in a “too good to be true” proposition, you know enough to click spam!

No company is immune to cybersecurity incidents. Unfortunately, they're one of the most common and urgent information technology problems in companies today. While it’s the high-profile data breaches – like the latest to hit Facebook, exposing the personal information of 50 million users – that get the most attention, the reality is that we see small- to mid-size companies experience cybersecurity attacks and data breaches way too often. The global average cost of a data breach is $3.86 million and takes 69 days to contain. Companies that act quickly to contain the breach and conduct damage control suffer less.

Cybersecurity used to be considered “an IT issue.” Keeping data and files safe was the domain of the CIO, and no one else paid much attention as long as operations were running smoothly. Because data has become an enormous business driver for all types of companies, and cybersecurity laws have become stricter and more specific to address the growing risks for consumers and businesses, CEOs and other company leaders have begun to realize that staying on top of cybersecurity isn’t just a smart IT practice. Cybersecurity is now a critical business issue that impacts the health of the organization.

9 out of 10 phishing emails contain ransomware, and 91% of data breaches start with a phishing attack.

The consequences of ransomware and data breaches can be severe for a company's bottom line and reputation.

Is it possible your employees could fall for scams like these? If you're not sure, you might want to phish them yourself to find out. 

You probably heard about the ransomware strain WannaCry that spread globally in May, blocking customers from their data unless they paid a ransom.

WannaCry exploited a Windows vulnerability that Microsoft released a patch for two months earlier. This attack was (or should’ve been) a wake-up call to the importance of timely patching on every server and PC, every time critical security updates are released.