There is a great deal of confusion about the cost of the cloud. Many believe that since iCloud storage runs us a measly $.99 per month that cloud storage is a “cheap” solution. It is accurate that the cloud, if customized adequately for your business, can save your business money. Although, the savings are not as black and white and cheap as the $.99 iCloud storage for the storage of our pictures. To decipher the real value of migrating to the cloud, we need to look at the different payment models when comparing cloud environments to on-premise environments.
When dealing with cloud computing, one of the top questions we receive at Pendello Solutions is, “Is the cloud safe?” What most people mean by this question is, “How is the cloud a better option than having my data and applications on-premise?” As with anything in today’s business world, security needs to be verified. There are definitely perceptions of the cloud and this week our focus is to take a look at these perceptions and decide truth or myth.
The cloud is always a hot topic and with good reason as it is continuously evolving. There are many questions about the cloud. Is it safe? Is it for me? Will it save me money? But, before we can explore these critical questions, we have to cover the basics being, what is it? We have all heard of the cloud, but very few truly understand what the cloud is or where it resides.
Real-life examples of BECs
If you have been following the news, you should know that we are all at risk of Business Email Compromises (BEC). You may be growing tired of hearing this fact although it is a fact that we need to keep in the front of our minds at all time! Timing is a factor that these cybercriminals are continually accessing and know how to attack when your guard is down. Below are real-life examples of BECs that illustrate how easily these attackers researched, planned and struck at the right time and were able to victimize educated, experienced business people.
Business Email Compromise and Education
This month at Pendello we have been focusing on Business Email Compromise as the risk is definitely on the rise. If you remember, Business Email Compromise (BEC) is when an organized crime group gains access to your email through deception with the use of spear-phishing, identity theft, email spoofing, malware, and social engineering. In the past two weeks’ blogs, we introduced BECs and the different types of attack attempts. This week we are delving into how to recognize attack attempts. As 93% of all investigated data breaches can be traced back to a specific employee, we at Pendello Solutions know that end-user education is your best defense. So this month Pendello is bringing you some guidelines to look for when dealing with your day to day communications.
As we already discussed this month, Compromised Email Attacks (BEC) are on the rise and everyone is at risk of being a victim. It would be nice if these attacks were uniform although the attacks and the attackers come in all shapes and sizes. To better protect yourself against these types of attacks it is vital to educate yourself on the different methods these attackers are using to strike.
The global risk of compromised emails is on the rise and should be a concern of every business organization. Some industries are targeted more often, but if your business uses email, you need to be aware of the risk and what the threat entails. To understand the risk, we need first to understand what a compromised email is and how it occurs. These risks are real and have been the cause of great financial destruction for many companies.