Cyber Security tip #1

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas

Dark Web Trends

ransomware disrupts the holidays, a nonprofit organization has its donor list compromised, and “password” remains a stubbornly popular password. 

Dark Web ID Trends:

Top Source Hits: ID Theft Forums 
Top Compromise Type: Domain 
Top Industry: Education & Research
Top Employee Count: 250 - 500 Employees 

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5831

Too Many Employees Don’t Change Their Passwords

Data breaches are a constant threat for any company, and a new survey by YouGov research found that many employees aren’t taking even the most basic steps to secure their accounts. According to the survey, which was specific to Ireland but likely represents a globally commonplace approach to password security, 39% of employees haven’t updated their passwords in more than a year. In part, the study found that convenience is a significant factor when determining standards, as many respondents expressed annoyances with security features like Captcha random image or one-time passcodes sent via text or email. 

However, with the number of compromised email accounts growing every day, strong password standards coupled with additional security features like two-factor authentication can significantly decrease the risk of a data breach. It’s an obvious and proactive step that everyone can take to protect their personal and professional data from falling into the wrong hands. 
https://www.independent.ie/business/technology/almost-two-in-five-irish-people-dont-change-online-passwords-and-are-vulnerable-to-being-hacked-poll-38752329.html

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas

PRESS RELEASE

Bit by Bit Partners with Arctic Wolf Networks to Tackle Cyberattacks with Managed Threat Detection & Response Service

New York, NY, January 13, 2020 Bit by Bit has teamed with Arctic Wolf Networks, a leading security operations center (SOC)-as-a-service company to provide threat detection and response as well as vulnerability assessment capabilities to protect against today’s advanced cyberattacks. Arctic Wolf’s SOC-as-a-service provides an enterprise-class SOC, the most essential element of any modern cybersecurity strategy. The service includes experienced security engineers that manage all security matters using a full spectrum of advanced cyber defense mechanisms for asset identification, vulnerability assessment, network monitoring, and threat detection and response. "With organizations facing ever-increasing threats to their IT ecosystems, it is essential to have a cybersecurity plan in place,” says Bruce Steinfeld, Bit by Bit Founder and CEO.  “As an IT solutions provider, we take a holistic approach to meeting all our client’s IT needs. By partnering with Arctic Wolf, we are able to enhance our offerings and provide protection against a wider array of threats throughout the entire cybersecurity life cycle.”   “Arctic Wolf is excited for the opportunity to support Bit by Bit efforts to expand their product portfolio by offering a critical service that many of their customers are specifically requesting,” said Nick Schneider, Chief Revenue Officer at Arctic Wolf. “Cyberattacks threaten companies of every size, and organizations are increasingly seeing the value and protection of a SOC-as-a-service, especially when they don’t have the in-house cyber talent to lead and monitor on-going security needs.” The Arctic Wolf SOC-as-a-service is anchored by Concierge Security™ teams who provide custom threat hunting, alerting, and reporting. It's purpose-built, cloud-based service offers 24x7 monitoring, vulnerability assessment, compliance reporting, and threat detection and response with fewer false positives. Don't get left out in the cold in the cybersecurity threat landscape, contact us at info@bitxbit.com to learn more about how our new partnership can protect your organization!

About Arctic Wolf Networks Arctic Wolf Networks delivers industry-leading security operations center (SOC)-as-a-service that redefines the economics of cybersecurity. Its Managed Detection and Response and Managed Risk services are anchored by the Arctic Wolf Concierge Security Team who provide custom threat hunting, alerting, and reporting. The Arctic Wolf purpose-built, cloud-based SOC-as-a-service offers 24x7 monitoring, risk management, threat detection, and response.

Bit by Bit, 115 West 29th Street, 4th floor, New York, NY 10001

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5831

Important Notice for Account Edge users

IMPORTANT NOTICE

I have some disappointing news to share with you, AccountEdge is not and will not be Catalina-compliant. This was not a decision we made easily, but after working on this for multiple years, our old codebase proved to be too outdated to complete the project. We understand that this will be an inconvenience to some of you, and for that, we apologize. We will be sending out this email to Mac users at 10 am Eastern today to notify them. Not all links have been made live yet, so some will not work until 10 am today. The email has a few options listed to help customers continue to work with AccountEdge - AccountEdge Hosted, using parallels, and switching to AccountEdge for Windows at no cost. We will continue to update AccountEdge for Mac with new features going forward and have an upgrade available today for AccountEdge 2020 for Windows and Mac in the US (Canada will be this summer). To see the new features available, check out the emails that we are sending out to Windowsand Mac users today. The Mac email has a notice and a link to the options page regarding the Catalina news. Sincerely, Lauren Kasper Regional Marketing Manager - Priority US 973.586.2200 x5515

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas 877.860.5831

Third-Party Breaches Present a Serious Risk

While everyone is well aware of the comprehensive threat landscape facing today’s companies, many forget that this threat is amplified when third-party partnerships are involved. As this week’s newsletter reminds us, these often necessary associations can place your company’s data at risk in a major way, and it’s a risk factor that every business should consider when exploring new collaborative opportunities. 

For instance, many vendors are so overwhelmed by data breaches that they struggle to bring their services back online, if they survive at all. In either case, your company’s data may not be their top priority, which puts your business at risk. 

Naturally, third-parties have a vested interest in pursuing what’s best for themselves, an inherent liability that every business should evaluate when making decisions. In today’s regulatory environment, organizations face intense scrutiny when a data breach occurs, even if it doesn’t originate at your company. That threat should give every company working with third parties a reason to carefully consider cybersecurity implications before signing the contract.

https://securityboulevard.com/2019/12/the-hidden-cost-of-a-third-party-data-breach/

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas

DArkweb Trends

hackers gain front door access to company IT infrastructure, ransomware cripples social services, and lax employee password security continues to present severe financial risk. 

Dark Web ID Trends:

Top Source Hits: ID Theft Forums 
Top Compromise Type: Domain 
Top Industry: Finance & Insurance
Top Employee Count: 101 - 250 Employees 

Bit by bit helps client networks run smooth and secure.. visit our website at www.bitxbit.com/texas