Technology Unwrapped

Phishing attacks continue to be one of the leading cyberattack methods targeting small businesses. With a cyberattack occurring every 36 seconds, hackers are relentlessly trying to steal your company or personal information. One of the ways they collect data is by providing you with a link to click. They are hoping you don’t know the signs and signals that the intent of their request is malicious.

Creating an IT budget isn’t always easy for CFOs of small to midsize businesses. You’re busy keeping the business wheels turning to ensure the cash flow is there to sustain growth, analyzing key metrics, collecting accounts receivable, and reviewing reports.

Recently, Datto hosted a webinar discussing cybersecurity trends small businesses can expect to see in 2023. Datto reported a 300% increase in cybercrimes since the pandemic, with ransomware affecting over 80% of small businesses in Q4 of 2021. What is a key solution to keeping small business systems safe?

According to the University of Maryland, an average of 2,244 cyber attacks occur daily. That’s one attack every 30 seconds. With the gradual sophistication of attacks, it is important to train your staff on what to watch out for. Firewalls, email spam filtering, multi-factor authentication (MFA), endpoint protection, and backups do their job, but, in the end, training employees is the best way to keep your business safe from a cyber attack.

Ransomware has maintained the boogeyman title of cyber security for nearly three decades, growing steadily as its target expanded from individuals to corporations to government facilities and education. Since its creation, hackers have sophisticated ransomware attacks on a database, creating multiple versions to fit whatever objective they try to achieve.

With over 830 million members in 200 plus countries worldwide, LinkedIn is a great tool for business professionals to utilize. LinkedIn differs from its social media counterparts with its added ability to search and recruit for jobs, strengthen professional relationships, and pick up on tips colleagues have learned.

Email is one of the core connectors for both internal and external communication. Millions of emails are sent daily to update, inform, advertise, and more. But security measures, such as email encryption, must be instilled when the email contains confidential information. 

Today, CoreTech announced their partnership with Sangoma to offer small and midsize businesses Switchvox on-premise phone systems. This comes at a good time as many companies are transitioning to new phone systems as old systems go end of life, including TOSHIBA phone systems. 

During the pandemic, technology proved its worth by connecting people, maintaining productivity, and even doing so remotely while simultaneously reaching revenue targets. According to Gartner, boards and CEOs are more willing to invest in technology due to the successful business outcomes it provides. As a result, 2021 saw worldwide IT spending rise by almost 9% and is forecasted to increase another 5% in 2022.