Sep102019

Banking & The Cloud — The Evolution of Progress & What’s Driving Change

  As our world grows more and more tech-centric and immediate, people are demanding more apps, access and visibility when it comes to finances as well. Top banks will only be able to make this happen by creating a versatile cloud model. Yet despite more and more businesses moving their systems to the cloud every day, the banking sphere is lagging behind when it comes to making a cloud model a reality. In the next three to five years, this slow transition to the cloud will need to speed up. According to a new report from Accenture, more than two-fifths of bank executives surveyed lacked a strategy for cloud adoption,…

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September 10, 2019UncategorizedBy mdltechadmin

Sep62019

Introducing Cybersecurity Automation

As the business world turns increasingly digital, efficiency and security are top-of-mind. Cybersecurity automation are being adopted at small and large companies, thus allowing cybersecurity teams to focus on more complex activities.  With digital technologies advancing within companies, it’s more important than ever that these businesses are protected. Cyber attacks have increased due to companies striving higher in digital processes. Automating cybersecurity processes helps to cover all gaps while maintaining (and even increasing) the company’s efficiency. Many companies are already using automation products like security automation and orchestration (SOAR) and robotic process automation (RPA), along with custom- developed software and code.  These two automated approaches help collect intelligence by working…

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September 6, 2019UncategorizedBy mdltechadmin

Aug302019

Companies’ Data A Target by Hackers Due to Increase in Internet Connected Cars

  In today’s mobile driven world, many people have personal and work information on their cellular devices. This cyber vulnerability can put companies at risk on a regular basis that leaves them vulnerable to fleet wide hacks. In fact, 3,000 deaths could be resulted in a fleet wide hack at rush hour.   Moreover, an increase in internet connected cars will hit American Roads in 2022. About 50 million internet-connected cars operate on U.S. roadways currently. In 2022, two-thirds of all new cars will include features and systems that connect to the internet, according to a watchdog report. While internet connected cars are good for hands free devices, they’re not…

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August 30, 2019UncategorizedBy mdltechadmin

Aug52019

Seemingly Innocuous Apps May Breach Your Company’s Security

With the rise in popularity of photo and video-sharing apps, data security has been called into question when using them. When these apps are downloaded on your devices (or your company’s devices), the threat of downloading a version with a virus or unknowingly allowing unknown access to your camera roll is feasible.  Take FaceApp — this recently-popular app uses a self-portrait to turn the user either younger or older. While this seems like harmless fun, this shared biometric data (any data that relates to human characteristic metrics, such as photos and fingerprints) may lead to data breaches. According to TechRepublic, FaceApp’s CEO, Yaroslav Goncharov, says that these collected images are…

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August 5, 2019UncategorizedBy mdltechadmin

Jul302019

Newly-Released 2018 Cybersecurity Reports Reveal Shocking Statistics

The Internet Society’s Online Trust Alliance (OTA) recently released its report about cyber crime statistics for 2018. These numbers, while startling, are only expected to continue their upward trend. OTA’s report revealed that $45 billion dollars were stolen in 2018 using various methods, including ransomware, malware and phishing. According to CPO Magazine, the overall number of reported cyber attacks were down, meaning that many of these attacks are targeting specific victims. Here are three important 2018 cyber crime statistics that were revealed in OTA’s report: 1. While the total number of ransomware attacks declined, monetary losses rose by 60%. 2. The loss of money through business email compromises rose by…

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July 30, 2019UncategorizedBy mdltechadmin

Jul222019

The Advantages of Using Hybrid Cloud Computing in Business

Technology changes so quickly that it can be difficult to decide which is most important for your company to invest in today. One significant trend is moving company data to hybrid clouds. According to CloudTech, a hybrid cloud can be defined as: “a mash-up of on-premises and off-premises IT resources.” Since there is no exact ratio for how much information is stored in one cloud or the other, the amount of data in each cloud (public or private) can vary. There are many reasons why companies decide to switch to hybrid cloud computing. Here are three reasons why this system can help your company. 1. Cost savings It can be…

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July 22, 2019UncategorizedBy mdltechadmin

Jul152019

The Threat of WannaCry Ransomware Still Continues Today

  Most people involved in the technology industry remember the destruction WannaCry ransomware brought to companies worldwide May 2017. Many major companies were hit, such as Telefonica, FedEx and Renault. With staff locked out of their files, the National Health Service in the U.K. was shut down, turning patients away.  This attack could have been a lot worse without Marcus Hutchins and Jamie Hankins, who worked around the clock. Hutchins found the answer he was looking for in the malware code; he registered the domain and made a kill switch.  Thankfully, it stood up to attacks and stopped the ransomware in two days.  While the world has not yet experienced…

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July 15, 2019UncategorizedBy mdltechadmin

Jul82019

How Much is Downtime Costing Your Company? The Number May Shock You.

  Though the exact number varies depending upon an organization’s operation, new reports found the average cost of system downtime to be over $8,000 per minute.  System downtime results in lost productivity, opportunities and reputations. When the system is down, it greatly affects the way your employees can conduct business and  create an unfavorable opinion of your operations for clients.  Avoid downtime, data loss, or expensive repair issues with MDL Technology’s 24/7 network monitoring service. Able to detect and report problems before they escalate, our team of experts keep your systems working smoothly through monitoring server traffic and load, hardware integrity and reliability, antivirus protection and more.  Don’t lose money…

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July 8, 2019UncategorizedBy mdltechadmin

Jul12019

Tips to Improve Your Company’s Security

  As technology continues to advance, it is more important now than ever to take all the necessary steps to protect your information — especially when you’re running a business. Making sure your company’s data is secure can help you avoid malware, hacking attempts and improve the overall health of your devices. It’s better to feel protected when dealing with potential financial losses — also relieving you from unnecessary stress in the workplace. Here are a few tips to help your company stay secure.    Provide awareness training Employees’ lack of awareness is often what leads to a security breach. It is vital to educate your employees about any security…

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July 1, 2019UncategorizedBy mdltechadmin

Jun272019

The Challenges of Medical Device Cybersecurity

Health care information technology is ever-changing, and although it may be convenient for clinicians, it can pose risks for patients. Access and identity management continues to be a medical device cybersecurity challenge and priority, because these devices collect and document patient information, such as vital signs.    Security expert Mark Sexton of the consultancy Clearwater notes that many older medical device operating systems can be vulnerable. He predicts that by the end of the year, as many as 70% of medical devices will be running on operating systems that are no longer supported.     New technologies in the medical device industry are becoming available, though. Since these devices are more…

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June 27, 2019UncategorizedBy mdltechadmin