|| Print ||
|Monday, May 05, 2014|
BY DON MORRISON | OB GUEST CONTRIBUTOR
You’ve grown and nurtured your business, and you want to protect it. But, in today’s world of the internet and technology, installing an alarm system is no longer enough to secure your company. While the technology renaissance we have gone through has certainly benefited consumers and businesses alike, it’s also brought a new vulnerability with it – the emergence of cybercrime.
Cybercrime…it seems like such a simple word, however its simple identifier fails to portray the true magnitude of its risks. For the most part, cybercrime falls into one of two categories, digital piracy and broader information attacks.
Digital piracy involves the illegal duplication, sale or use of unlicensed software. This could be as basic as installing a program on two computers when you only hold one license, or as complex as a crime ring producing counterfeit versions of the latest Windows operating system. Meanwhile, information attacks involve a broad range of tactics that may involve malware, viruses and other means to glean data, or personal information, from a target.
We all know running a business, especially a small business, is challenging and it’s normal to look for ways to cut costs – especially when it comes to IT. And digital pirates prey upon this behavior. Digital piracy is one area where the old adage, “if it sounds too good to be true, it likely is,” definitely rings true.
You may even ask, “Well, Don, is it really so terrible to download the same software on two computers?” The answer is yes. Utilizing a single software license on two devices means only one device will receive the regular security updates and patches from the manufacturer, opening your network to increased risk from information attacks. And software found online for far below market value is also likely pirated, and may include malware and viruses. In fact, in their study, The Link between Pirated Software and Cybersecurity Breaches, IDC recently found that U.S. businesses are expected to spend $22 billion in 2014 dealing with security issues associated with pirated software.
Meanwhile, information attacks involve a broad range of tactics that may involve malware, viruses and other means to glean data from a target – and are not always associated with pirated software. While piracy often involves a tangible asset, information attacks are much more subvert and hard to identify.
So you say, “Don’t worry Don, I’m a small business, cybercriminals are after the big fish in the water.” Wrong again. Criminals are increasingly targeting SMBs who often do not have the same level of security or are less likely to ensure machines have all the latest updates. And data breaches are expected to cost U.S. businesses another $75.5 billion in 2014, according to IDC. With information attacks increasingly being led by organized crime syndicates and sophisticated operations, their effectiveness and risk to businesses continues to climb. For the U.S., 93 percent of business losses are expected to be the result of criminal organizations.
Both digital piracy and information attacks bring with them their own unique range of IT threats for businesses, and while they may overlap at times, each requires its own security measures. Just because a business purchases only legal genuine software, doesn’t mean they are immune from the risks of information attacks. Meanwhile, that amazing deal you got on productivity software may include hidden malware and bots designed to siphon off customer data and account information without your knowledge.
“Great Don, you have my attention, but what can I do?” The good answer is all businesses, despite their size, can decrease their risk of being the victim of cybercrime – without breaking the bank! With three simple steps, you can secure your IT network and protect your business from today’s cybercriminals.
Ultimately, knowledge is power, and a few simple steps can have a tremendous impact on your information security. Technology is an area where if it sounds too good to be true, it likely is – and a little commonsense goes a long way.
Don Morrison, Director of U.S. Anti-Piracy at Microsoft, resides in Portland, Ore.
Thursday, August 20, 2015
BY JOE CORTRIGHT
We get the education we deserve.
Monday, September 28, 2015
BY LINDA BAKER
Bill Levy of Pacific Ag talked to Oregon Business about new residue markets, the company’s growth strategy and why a biofuel plant is like a large cow.
Tuesday, October 06, 2015
BY CHRIS NOBLE
As we worked on the October cover, it became evident that Nick Symmonds is a hard man to catch — even when he’s not hotfooting it around a track.
Friday, October 02, 2015
BY KIM MOORE
Our intrepid (and expecting) research editor finds the child care search involves long waiting lists, costly fees and no certainty of securing a place before she goes back to work.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Tuesday, September 22, 2015
BY JASON NORRIS | CFA
On September 17, the much anticipated Fed decision was delivered and the equity markets haven't liked it.
Wednesday, August 19, 2015
BY AMY MILSHTEIN
Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.
|The List: 100 Best Nonprofits to Work For in Oregon|
|Run, Nick, Run|
|100 Best Nonprofits: Working for equality inside and out|
|Keep Pendleton Weird|
|One Tough Mayor|
|Liza Minnelli takes 200 mile Uber ride|
|Should gun owners carry insurance?|
|VW admits system was intentionally placed to cheat|
|The $184,000 almond caper|
|Microsoft unveils new lineup of products|
|Miller-Budweiser merger hits snags|
|Portland State campus security to carry guns|
Wage gaps and workforce shortages are threatening the quality of care and supports to Oregonians with intellectual and developmental disabilities. Who’s caring for those who care for our most vulnerable residents?
Engaging employees and customers along the way.
After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.
Former Chief Medical Officer for Saint Alphonsus Health Alliance brings 30 years of healthcare industry expertise and innovation.
Have you reviewed and revised your vacation, sick leave and PTO polices? Determined how to best comply with Oregon's Sick Leave law? Let us help.
Cliff Davidson Named Partner of the Firm.