IBM Finds Data Breaches Cost Companies Millions of Dollars

An IBM study about data breaches found the average total cost of a data breach in 2015 is $3.8 million, representing a 23 percent increase since 2013. As the holiday retail season approaches, now is the time to make sure your business is secure enough to prevent data breaches. Companies like Target, TalkTalk, Ebay and JP Morgan Chase have all been a victim of data breaching, costing them millions of dollars. Data breaches are often caused by hacking and malware attacks. According to InformationWeek, hacking is the most common method of data breach attacks followed by malware, physical attacks, social engineering, misuse and user error. Prevent your company from being…

Homeland Security Designates October National Cyber Security Awareness Month

According to a new study by the Ponemon Institute, the annual cost of cyber crimes to companies has jumped by 19 percent. Currently, the average cost to companies worldwide has exceeded $7.7 million. Hackers are costing businesses not only money, but jobs as well. With an increase of attacks to companies, October has been designated National Cyber Security Awareness Month by Homeland Security to raise awareness about cyber security and provide education about the risks involved.   As a business your company’s information and privacy is at risk every time you are on the Internet, so follow these simple tips from the Department of Homeland Security to keep your company…

Hackers Write Donald Trump Malware Virus that Fires Your Smartphone Apps

Now business professionals are subject to being “fired” by hackers! A new Donald Trump Malware virus that fires your smartphone apps has been written by hackers. The “You’re Fired” virus is just one of several malware attacks introduced by hackers that piggyback off political candidates’ names. Here are the latest viruses that are spreading quickly, according to a new Forbes article. Donald Trump virus – fires all of your smartphone apps and blocks them from being reinstalled. Carly Fiorina virus – merges all of your computer files into a password-protected HP folder. Marco Rubio virus – translates all of your documents into Spanish and deletes the English version. Hillary Clinton…

Cloud Computing Options Defined: SaaS, PaaS and IaaS

The cloud seems like a mystical place for those who are not familiar with it. Many business owners are wary of the cloud, picturing their own personal photo storage apps on their phone and worrying about the security of such an application for their business. But cloud computing for business offers a myriad of customizable options that offer unlimited storage potential at an affordable monthly rate with complete security. This starts with the three different kinds of cloud hosting options available – SaaS, PaaS and IaaS. Photo Credit: Pixabay   Software-as-a-Service (SaaS)   Software-as-a-Service, also known as SaaS for short, is a subscription service for cloud computing hosting. A business…

Breaking Down Data Encryption for Data Security

You may hear the word “encryption” and think of spy movies or secret war messages. But data encryption is a modern technology that protects data security for your business. The tech is a little complicated which causes some businesses to avoid it. However, installing data encryption for all business files will greatly improve your data security. MDL Technology is here to break down data encryption. Data encryption involves converting electronic data into another form called ciphertext that cannot be read by anyone while the data is in transit. Once it is verified that a user has authorized access to this data, then the ciphertext is converted back to a readable…