The Waident Blog

Technology and Business Insights

Making Smarter Pandemic IT and Cybersecurity Decisions: Avoid Doing Good, Then Getting Hacked

Take your Cybersecurity more seriously now with COVID-19 With the COVID-19 pandemic upon us, life is disrupted, different, and often nothing like what you would have ever expected. Before the pandemic, the decisions you would make with IT and cybersecurity were deemed as accessible risk, but now that you are most likely running your business differently, you need to handle your IT and cybersecurity differently. …

Cybersecurity In The Days Of COVID-19

The COVID-19 pandemic is not fun for anyone. Well, except for maybe your pets since you are home all day and they have someone to pet them all day long. But for the rest of us, it is disruptive in all aspects of our lives and especially for work. If you suddenly have to work from home like many of us, were you prepared so …

How Do I Know if My Business Computers Have Been Hacked

Some of the nicest people get hacked. Don’t let it happen to you. So, how do you know if your business has been hacked? My bet is you don’t—and you may never know. The sad fact is that most of the systems you are using right now do NOT have any ability to alert you to hacker-type activities or a breach. You may be thinking, …

Basic IT Hygiene to Prevent Ransomware-10 Steps All Financial Firms Must Take

These are some thoughts from John Wooden, legendary coach of 10 UCLA Bruins NCAA Championship teams, which included notable NBA Hall of Fame players, Kareem Abdul-Jabbar, Bill Walton, and Gail Goodrich. “I believe in the basics: attention to, and perfection of, tiny details that might be commonly overlooked. They may seem trivial, perhaps even laughable to those who don’t understand, but they aren’t. They are …

Why Backups And MFA Are So Important For Ransomware

Two of the simplest and cheapest ways to protect your company from a ransomware attack are Multifactor Authentication and a fresh backup. Here’s why. Back up everything! You are not invulnerable. Catastrophic data loss can happen to you – one worm or Trojan is all it takes. – Kevin Mitnick Just because the data is in the Cloud does not mean it’s backed up. …

The Biggest Ransomware Fiascoes of 2019

Company leaders often think that a cyber attack will never happen to them because their company and its data are of no interest to hackers. The list of companies below shared that point of view. But not anymore because they have made the list of the biggest ransomware attacks of 2019. A ransomware attack will most likely, at some point, happen to you. The more …

Cost of Ransomware Prevention Versus Recovery

The recent news of Amazon CEO, Jeff Bezos, getting hacked is part shocker and part nonplussed. It’s a shocker because we think, “How could a tech titan get hacked with all his high tech defenses?” On the other hand, I’m not surprised because we’re all targets for cybercriminals. Some of us are trophies like Bezos; some of us are low hanging fruit for petty criminals …

Ransomware Best Practice Checklist

Ransomware. The fact that only top firms make headlines when they are hit may lead some in Main-street businesses to believe that they aren’t targets for hackers. Somehow, non-Fortune 500™ companies are immune from attack because they are small fish. Of course, no one wants to get hit. But, its intelligent people who are worried about it. Savvy people who are informed about it. Prudent …

What to Do If Your Financial Firm Gets Infected with Ransomware

Ransomware happens. You do your best to prevent it from happening to you, but inevitably someone clicks on something they shouldn’t or your protection tool misses the latest strain of hack and your systems get infected. There is no “one size fits all” solution for firms in the complex, regulated financial services industry. Whether you’re a bank, financial adviser or real estate broker, here are …

The Latest Ransomware Threat

It’s no surprise that the state of cybersecurity is constantly changing. Criminals will be criminals. Knowing this does not make it any less annoying to think that just when you have addressed one vulnerability, another one (or two) opens up. It can drive a business leader, who wants to just serve clients, grow, and enjoy work, nuts. The long list of threats just keeps growing …

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