Ransomware attacks in the U.S. have surged by 52%, affecting multiple industries, with average ransom demands reaching $620,000, underscoring the need for stronger cybersecurity measures.
New data sheds light on the alarming frequency and impact of modern ransomware attacks, revealing a dangerous overconfidence among organizations in their ability to defend against and respond to these threats.
Verizon's annual Data Breach Investigations Report has long been a benchmark for comparing cybersecurity landscapes between small and medium businesses (SMBs) and large enterprises. However, this year brings a notable shift: the attack surfaces of both SMBs and large corporations are increasingly similar. With shared services and infrastructures becoming commonplace, the key disparity lies in resource availability.
In the rapidly evolving landscape of financial services, where data security, efficiency, and regulatory compliance are paramount, the role of Managed Service Providers (MSPs) has become increasingly indispensable. For financial advisory firms, entrusting the management of their IT infrastructure to a reliable MSP is not just a convenience but a strategic imperative. In this blog, we will delve into the significance of partnering with a trustworthy MSP for your financial advisor office.