CyberGate IT

New Locky-Variant Ransomware: What MSPs and MSSPs Need to Know

As an IT professional, you know how relentless ransomware attacks have become in today’s landscape. Recently, a variant of the notorious Locky ransomware has become part of a large-scale email-based campaign managing to slip past the defenses of some unsuspecting companies. On August 9, the first campaign of a massive, worldwide ransomware attack was detected—and … Read more

Ransomware is growing, are you prepared?

The damage caused by global ransomware is predicted to exceed $5 billion in 2017, according to researcher Cybersecurity Ventures. Up from $325 million in 2015, the costs represent not just the amount of the ransom, but also the costs of downtime and lost productivity. Ransomware is any type of malicious software that infects a computer … Read more

Cybersecurity spending outlook: $1 trillion from 2017 to 2021

“Worldwide spending on cybersecurity is predicted to top $1 trillion for the five-year period from 2017 to 2021, according to the Cybersecurity Market Report, published by Cybersecurity Ventures. “IT analyst forecasts are unable to keep pace with the dramatic rise in cybercrime, the ransomware epidemic, the refocusing of malware from PCs and laptops to smartphones … Read more

The Top 5 IT Security Skills SMBs Need in 2017

Cybersecurity is not a new concept, but it is taking on new importance this year. Today’s digital organizations are driven by new technology and dependent on orderly data, and everyday life seems to be increasingly happening on top of connected infrastructures. The risks posed by cybersecurity attacks are monumental, but to mitigate those risks, new … Read more

Fighting a New Wave of Cyber-Crime

Despite all the warnings and available security tools, cyber-attacks continue to grow at staggering rates. The number of ransomware attacks last year jumped to 638 million from 3.8 million in 2015, a 16,000 percent increase that cost victims nearly $1 billion. Business email compromises (BEC), another widespread fraud, climbed 1,300 percent since 2015, costing companies … Read more

Ransomware is now so awful it’s actually making us take security seriously

“Ransomware is a particularly nasty species of online crime. Unwisely clicking on one attachment can see all your documents, your family photos, or your company accounts encrypted by a crook who will then demand a hefty ransom to let you regain access. It’s rapidly become one of the most common threats on the internet as … Read more

4 Reasons Cybercriminals Have an Edge

Did you know that six years ago, cybersecurity didn’t even rank in the top ten risks prioritized by company boards? Today, we live in a world where cybercriminals seem to have the advantage as they continually find new ways to steal sensitive information. Despite organizations across the globe spending more than ever to manage cyber … Read more

Overcoming Cybersecurity Challenges with Managed IT Services

If there is one thing we can be certain about when it comes to cybersecurity, it’s that the landscape will remain dynamic and turbulent over the coming years. Today, news headlines are dominated by cyberattacks and breaches that span across all industries – causing security to be top of mind for almost all businesses. However, … Read more