Updated: Oct 23, 2021
The cyber threat landscape has exploded in the past 12 months, revealing an astounding 715% increase in ransomware attacks. We are dealing with attackers who are smart, well equipped, and always changing their approach to find an open door to exploit your systems and force large ransoms. The average ransom a company pays has grown from $84K to $234K in the past 12 months, and that number does not include any losses due to downtime, lost productivity, or lost revenue. The average downtime for a business following a ransomware attack is 19 days.
It is no longer a question of IF you are going to be attacked, but WHEN, how often, and are you resilient enough to survive. Ransomware attacks a business every 11 seconds and 30% of all breaches are small businesses. Over half of small businesses never recover from a successful breach. On top of that, if the hackers do not impact you, laws and regulations will.
As the threat landscape has grown over the past ten years, we have consistently improved our security posture to further protect our clients. Our managed IT services clients are aware that we took a much more aggressive security posture this year in order to further protect Information Systems of Montana and all of our clients. We are looking to move our clients to a more comprehensive cybersecurity platform - OutSourcedIT Security+. Our goal is to move all ISM clients to Security+ within the next 6-9 months.
Three key features of our enhanced multi-layered and comprehensive Intuition Security+ platform are:
1. Advanced Endpoint Protection (InterceptX) provides the industry’s top-rated endpoint protection
with suspicious activity detection driven by AI analysis. Intercept X detected the most recent global REvil Kaseya attack that recently was in the news.
2. Managed Threat Response & Mitigation provides 24/7 threat hunting, detection, and response delivered by an elite US-based and dedicated security expert team of threat hunters and response experts who take targeted actions on your behalf to neutralize even the most sophisticated threats. The security team will also assist us in recovering our clients quickly if needed.
3. Multi-factor Authentication provides another layer of security on top of secure log-in credentials, by verifying your employee’s identity in multiple steps using different methods like your smartphone. This stops the bad guys even if they have stolen someone’s password.
If you are a Managed IT client of Information Systems of Montana and you have not migrated to our new security platform, you need to act today. Please contact your Account Manager (AM) or Primary Engineer (PE). If you are not an Information Systems of Managed IT client and are interested in our OutSourcedIT Security+ platform, please email firstname.lastname@example.org or call 406-443-8386.