Technology companies come and go, but Bit by Bit backs its service with 30 years of experience helping businesses achieve their goals with reliable IT solutions and support.
We were established in 1987 as a database application development and networking company, and since then we’ve evolved into a full-service IT firm and leader in delivering powerful and cost-effective technology solutions. visit our site at www.bitxbit.com
There are a lot of U.S. state agencies that publish lists of reported data breaches in their respective states. We created a chart of published lists and will keep this updated:
It’s been just over a year and a half since GDPR’s implementation, and the fines are starting to add up. According to the latest report, the expansive data privacy regulation has levied $126 million in penalties on companies throughout Europe. To some, the fines are relatively modest, a reminder that regulatory oversight can be slow to impact businesses’ bottom lines. However, others see the figure as an ominous reminder that data privacy failures won’t come without consequences.
At the same time, Europe isn’t the only place imposing financial penalties on companies that can’t protect customer data. California's Consumer Privacy Act and New York’s SHIELD Act both carry monetary penalties. In 2020, it’s clear that regulation is going to become more normative, not less, and businesses need to prepare. Contact ID Agent today to improve your defensive posture and avoid regulatory fines resulting from a breach. https://www.cnbc.com/amp/2020/01/19/eu-gdpr-privacy-law-led-to-over-100-million-in-fines.html
Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas
877.860.5831
Today’s companies face a litany of cybersecurity threats, but, according to the results of a new study, none are more prevalent than phishing attacks. The study, which surveyed UK ICO reports, found that there were 1,080 phishing-related beaches in 2019, a significant increase from 877 the year before. In total, phishing attacks caused 45% of all data breaches. While other notable causes like unauthorized access, ransomware, and brute force password attacks run rampant, none are even close to as prominent as phishing attacks. This trend reflects cybercriminals’ desire to target employees and individuals who may not be prepared to identify and respond to the innocent-looking messages that frequently arrive in their inboxes. In response, companies can focus their defense initiatives to combat this trend. Employee awareness training is a proven way for companies to transform their employees from a potent risk to a proven line of defense against cybercrime.
To get help implementing comprehensive employee awareness training, contact ID Agent to learn more about how our simulated phishing attacks can equip your employees to respond to this prominent threat.
There are many reasons to thank our customers as we venture into the new year. From your partnerships to your business to your trust in us as your Managed IT Services provider, we appreciate you!
And, today we thank you for helping us earn a coveted spot on the Clutch 1000 Best B2B Service Providers Global 2019 list, a customer-driven award presented by Clutch, a B2B market research firm that employs a unique rating methodology to compare businesses across industries.
The most exclusive award offered by Clutch, it highlights companies that have rankings within the top 1% of all the companies within the Clutch platform. We’re ranked a solid 664 on the list, but we're one of only nine IT managed services providers, and one out of 51 vendors listed from New York, NY.
How did we do it?
Clutch conducts customer evaluation research, ranking the results on quality of service, cost-effectiveness, and overall compliance with project timelines. Thanks to you, our Clutch profile is given a fantastic 4.9 out of five stars!
Check out a recent review:
We’re also featured as one of the top IT services companies on Clutch’s two sister sites: The Manifest, a business data platform for interested buyers to look through companiesand their metrics, and Visual Objects, a site to search for business partners through their visual portfolios.
So, thanks for the high rating. We look forward to providing solutions to you as your technology needs to change and grow in the future.
If you're new to us, then we're here for when you're ready to partner with us to streamline and improve your managed IT services with our award-winning service and cutting-edge solutions.
Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas
877.860.5831
Using strong, unique passwords is a simple and effective way for everyone to keep their online accounts secure. Unfortunately, despite numerous warnings and seemingly unending headlines about new, devastating data breaches, people are often unwilling to adopt this practice in their daily lives.
According to the 2019 Financial Breach Report, financial services organizations are increasingly targeted by cybercriminals, and these breaches are putting peoples’ personally identifiable information at risk. In 2019, 6% of all data breaches impacted financial services organizations, including the Capital One breach that impacted 6 million Canadian and US customers.
However, despite the relatively small fraction of organizations breached, the industry accounted for 60% of all leaked records, with hacking and malware serving as the top cause for these breaches. Financial services organizations collect and store peoples’ most sensitive information, so any failure in this sector can have devastating consequences.
For companies, this new reality is manifesting in their bottom lines. The average cost of a stolen financial services record reached $210 in 2019, second only to the cost of a compromised healthcare record. Fortunately, preemptive measures like phishing scam avoidance training and network analysis can help ensure that cybercriminals can’t capitalize on stolen data.
Data breaches carry all kinds of expenses that can do serious damage to a company’s bottom line. That reality became more prominent this week when the Georgia Supreme Court ruled that data breach victims could sue for damages.
The verdict overturned an earlier ruling pertaining to a 2016 data breach at Athens Orthopedic Clinic, which endured a breach that compromised patients’ personally identifiable information that eventually made its way to the Dark Web. While the clinic moved to dismiss the case, the court ruled that victims could sue the company for damages.
TheTechLounge editorial team consists of versatile tech enthusiasts. Each of us specializes in the specific area (from photography to virtual reality).
