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Cybersecurity Tips for Small Businesses in Toronto

Many think ransomware only affects large corporations however cybersecurity tips for small businesses in Toronto will cover these crucial steps.

According to a recent survey, over 20 percent of small businesses have been attacked. Out of the 20 percent, almost 50 percent of the small businesses said they had implemented defenses against cyberattacks and ransomware.

Cyber threat bulletin: The ransomware threat in 2021 from Canadian Centre for Cyber Security.

What Are Cybersecurity Tips for Small Businesses?

Business owners do not adequately protect themselves from cyberattacks, and they are becoming more sophisticated and frequent. If you are working with a Managed IT Services in Toronto provider or Managed Security Services, they will be able to provide you with details on how they are protecting you.

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Small businesses should pay attention to the following cybersecurity tips:

  1. Proactively Update Software – Adding new updates is not the only reason you are asked to update your system software. To make your system more secure, a lot of work is being done. You may want to pick a day for updating so that you don’t forget. Managed IT Services Toronto providers will proactively do all that for you.

 

  1. Use Multi-factor Authentication (mfa) – An effective way to avoid cyberattacks is to use multi-factor authentication. The benefit of this is that if a cybercriminal or hacker is not able to access the specific code from your phone when you log in, they can’t access your account. You can enhance your small businesses cybersecurity by using multi-factor authentication every time you log in and ensuring your data is as secure as possible. Managed IT Services Mississauga can assist in setting this up for your business.

 

  1. Use a Strong Password – When it comes to finding passwords, hackers are getting better every day and they can purchase them on the darkweb. The most effective way to combat this is to use complex passwords. Employees should understand the importance of strong passwords, follow best practices, and follow your company’s password policy. Cyber Security Training and Dark Web Monitoring can help proactively monitor the dark web to ensure there is no compromised passwords.

 

  1. Proactive Employee Training – People are the weakest link in every cybersecurity approach to a business. Hackers are becoming more skilled at targeting and attacking employees. Phishing attacks allow a hacker to impersonate a person’s speech. Educating employees on what to look for can benefit a company in the long run. Tech Support Services can help your employees stay safe by providing active support on strange links and emails.

 

  1. Use Proactive Data Backups – For data that needs to be stored with your employees, data security is critical. In such scenarios, encrypted USBs and secure cloud backups can help ensure that sensitive data can be stored and shared securely. For any small business, securing data backups and recovery resilience is crucial. In addition to stealing your data, harmful threats and hackers can also encrypt or wipe it with ransomware. Businesses need to ensure they have a tested Business continuity and disaster recovery (BCDR)in place with their Outsourced IT Support Toronto.

 

  1. Proactive WiFi Security – Small business wireless networks must be protected. Use strong passwords and data encryption techniques to ensure that all devices connected to the network are secure. As some attacks have come through insecure company Wi-Fi, it is imperative to maintain a strong and hidden Wi-Fi presence for the sake of protecting the business from Wi-Fi attacks. Your IT Support Services can ensure using Cloud Services that you are following industry best practices.

 

  1. Use Secure Virtual Private Networks (VPNs) – Employees can securely access a company’s network from abroad with a VPN. Company employees frequently access the internet on networks that may not be as secure as the company’s network. Since VPNs encrypt data, they help lessen the consequences of a cyberattack. They will provide an additional layer of protection for employees. Managed IT Servicesprovider will use this with Multi-factor Authentication (2FA) to ensure your small business has the strongest protection from cyberattacks.

 

  1. Implement a Corporate Cybersecurity Policy – The three most critical areas of cybersecurity defense – people, technology, and policy. Small businesses should look for a complimentary data breach scan from a CyberSecure Canada provider in Toronto. It is imperative to ensure that your organization covers all three and more to achieve the necessary level of protection.

 

  1. Create an Incident Response Plan – As a response to phishing scams and ransomware, each business should develop strategies and plans to minimize the impact of a hack with their IT Outsourcing Services This way, you are not surprised when it comes, and you can nip it in the bud before it’s too late. By integrating and controlling your network, apps, and endpoints in the cloud, we help businesses amplify and solidify their security efforts.

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365 iT SOLUTIONS  is an award-winning managed IT services provider in Toronto that is CyberSecure Canada certified.

When working with a Toronto managed IT services provider, they will be able to proactively address all the cyber security tips listed above.

Our award winning IT Outsourcing Toronto comes complete with Managed IT Services, IT Outsourcing Services, Managed Security Services, Tech Support Services, Cyber Security Training, Dark Web Monitoring, Business Continuity and Disaster Recovery (BCDR), IT Support Services, and Cloud Services.

We Make IT Simple!

 

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Can You Negotiate Ransomware

If your business has experienced ransomware, can you negotiate ransomware with cyber criminals?

Blog Note: The content of this post is strictly for information purposes, and we highly recommend you seek professional advice when dealing with ransomware. It can be easy to panic in the face of a ransomware attack, but it is vital to remain calm and focused to make the best decisions for your organization.

Steps To Take After a Ransomware Attack

The ransomware affected devices should be disconnected from the network as soon as possible. This should be done by your Managed IT Services provider or IT department immediately.  By doing this, you can prevent ransomware from spreading to other computers or devices.

Assess The Ransomware Damage

Understanding how ransomware operates and how to remove it requires understanding the specific type of ransomware virus that has infected your devices. By working with your Tech Support Services, Managed Security Services, or IT department.

Employees should be informed about the ransomware attack immediately. Employees under going Cyber Security Training and Dark Web Monitoring will already be aware of this however they should be instructed not to click on suspicious links or open suspicious attachments.

The ransomware attack should be reported according to Canadian Centre for Cyber Security. In addition to increasing awareness of the ransomware attack, this might also help prevent future attacks. It is imperative to note that in some regions, business owners are legally required to report an attack such as Toronto ransomware attacks.

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Do Not Rush Ransomware Decision

Make sure you do not rush into a decision and discuss all options with your IT Support Services provider, IT Outsourcing Services provider, and IT department.

You will need to ensure your Business continuity and disaster recovery (BCDR) plan works properly. Prior to paying the ransom or exploring other options, carefully evaluate your options and their potential consequences.

There are other options besides paying a ransom. If you don’t have a backup, consider exploring other solutions. If you do not have backups, cybersecurity experts may be able to help you recover your data since many ransomware strains have been decrypted and keys are publicly available.

Managed IT Services Toronto will follow industry best practices and ensure you have a layer tested backup in place. If you have a tested data backup, you can answer the question “can you negotiate ransomware?” very quickly.

Payment Methods Used by Cybercriminals

Beyond encrypting data, cyber criminals use a variety of tactics. They will try to coerce victims into paying them using blackmail. It is not uncommon for cybercriminals to use several extortion tactics at the same time.

Here are some ransomware tactics used by cybercriminals and hackers after a ransomware attack:

  • Disclosure of Data Theft – The stolen data may be made publicly available if a ransom is not paid.
  • Launched DDoS Attacks – Hackers will often threaten to flood the victim’s website with traffic until paid.
  • Abnormal Printer Behavior – Hackers will print ransom notes directly in front of partners and customers.
  • Malicious Facebook Ads – Hackers will use Facebook ads to shame victims by drawing attention.
  • Clients Ransomware Anxiety – Hackers pressure victims to pressure affected companies to make payments.
  • Get Ransomware Help – Do not attempt to handle the situation on your own, get professional help.

Despite ransomware being a trend in cyberattacks, hackers are not always successful in obtaining ransom payment. This is thanks to many Managed IT Services Mississauga providers and IT Outsourcing Toronto providers that are taking proactive actions to protect clients from ransomware attacks.

Do not hesitate to seek professional assistance from a CyberSecure Canada certified provider like 365 iT SOLUTIONSManaged IT Services in Toronto can provide professional assistance and guidance on can you negotiate ransomware or what options do you have?

How to Perform Ransomware Negotiations

Paying a ransom or negotiating with ransomware attackers is not recommended as it encourages further attacks. This also supports cybercriminal activity.

If you pay the ransom, there is no guarantee that the hackers will provide the decryption key. When deciding whether to pay, it is imperative to weigh the risks and potential consequences carefully prior to engaging.

Cryptocurrency and encrypted communication channels are often used in ransomware attacks and payments. You should keep all communications including instructions for paying the ransom if you decide to negotiate with the cyber criminals.

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Getting the Ransomware Key

Now that you have the decryption key, you should decrypt several random files to demonstrate that the ransomware decryption key works.

Your managed IT services provider in Toronto may be able to negotiate a lower amount if the hackers have negotiated or provided decryption keys after receiving payment in the past.

Ransomware Negotiation Tips

The following tips will help you negotiate with the hackers and are forced to pay the ransom:

  1. Do not let this influence your decision based on pressure.
  2. Do not appear desperate or urgent for the decryption key.
  3. Do not disclose if you have cyber insurance.
  4. Do not pay the entire ransom upfront. Offer to pay a small portion of the ransom upfront.
  5. Offer to pay the ransom in a cryptocurrency that is less commonly used or difficult to trace.
  6. It is critical to keep in mind that attackers may have a minimum price they are willing to accept.
  7. If the attackers refuse to compromise, you may choose to walk away from the negotiation.

How Do You Prevent Ransomware Attacks

  1. Ransomware should always be prevented by taking preventative proactive measures.
  2. Regularly update software and use security software as part of a robust cybersecurity policy.
  3. Ensure employees understand the risks of ransomware and how to protect themselves.
  4. Do not open attachments or click on unfamiliar links.
  5. Ensure you have backups and a disaster recovery plan in place.
  6. Use passwords that are strong, unique, and use multi-factor authentication.
  7. Ensure you have cyber security insurance to protect against financial losses caused by ransomware attacks.

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Can you negotiate ransomware?

The answer is yes but with proper industry best practices managed IT services, you will not need to pay hackers or cybercriminals.

365 iT SOLUTIONS  is a CyberSecure Canada certified and offers many other services including Business continuity and disaster recovery (BCDR)Managed Security ServicesTech Support Services, and Cloud Services.

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What is Cybersecurity Training for Employees

Hackers and cybercriminals are on the attack which has Toronto businesses asking what is cybersecurity training for employees?

The digital landscape is becoming a important part of our daily personal and professional lives. During the past few years, business operations have become increasingly dependent on technology, and employees are expected to use this technology in a safe manner. There is no doubt that the use of mobile and remote work has been useful and necessary. However, it also allows cybercriminals and hackers to take advantage of minimal cyber security measures and cyber security best practices.

The importance of cybersecurity cannot be overstated, since some or all a company’s business is conducted digitally, making it no less important than physical security. Listed below are a few of the most pressing reasons on what is cybersecurity training for employees including the importance of proactive cybersecurity training. If you are working with a Managed IT Services Toronto provider or Managed Security Services can help you come up with a proactive plan.

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  1. Industry Compliance Requirements

Many organizations these days face legal and regulatory oversight as it is an important part of many aspects of business operations to protect against the various risks that are inherent to digital activities against cybercriminals and hackers. There are many laws and regulations including Health Insurance Portability and Accountability Act (HIPAA), Personal Information Protection and Electronic Documents Act (PIPDEA), PCI Security Standards Council (PCI SSC), and General Data Protection Regulation (GDPR).

Compliance with these regulations is motivated by a variety of reasons, but one of the most important reasons is that organizations can and will impose fines on businesses that do not abide by these regulations. Whenever it comes to the world of data security, this is never more relevant than when it comes to a business’s ability to succeed.

Any employee of an organization can be a liability when it comes to protecting the personal data of consumers and the data of that organization. A company must ensure that all its employees are properly trained and informed on the regulations when compliance is mandated, and fines are looming.

Many Toronto organizations that have a cybersecurity IT audited will be required to have Business continuity and disaster recovery (BCDR)Cyber Security Training and Dark Web Monitoring.

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  1. Importance of Asset Protection for Businesses

In addition to avoiding fines, businesses should still strive to meet these regulatory standards for the sake of their own good as well. If you work with a IT provider that offers Managed IT Services in Toronto, they will help with compliance standards and regulatory boards.  This will not guarantee that it will be protected but addresses industry best practices in cybersecurity, setup to be CyberSecure Canada certified, and ensure you are using the best IT Outsourcing Toronto.

According to IBM, the average cost of a data breach is estimated at 4.35 million dollars per incident. If a business has proactive cybersecurity training for employees, your business will greatly reduce the risk of a data breach occurring, as well as ensuring that they know how to respond if their data is breached.

In Toronto, 365 iT SOLUTIONS offers businesses complimentary data breach scan and Managed IT Services that will offer asset protection.

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  1. Importance of Client Data Protection

It is important to note that even though the above-mentioned regulations appear to be protecting data from cybercriminals and hackers as they still have a high probability of being able to obtain, steal, or exploit the information even though the regulations seem to be protecting them.

Tech Support Services and IT Support Services offer businesses the ability of managing password complexity, password variations, device privacy, and the amount of data that is shared. A Toronto business will be able to proactively protect the data from cyberattacks with industry best practices and proactive cybersecurity measures.

Cybersecurity training for employees that is effective and thorough will reduce the chances of employees will make mistakes that compromise the data. Having effective cybersecurity measures in place is crucial to protecting your business and reputation from liability that can arise due to weak cyber security measures.

Many organizations using Cloud Services and Outsourced IT Support Toronto will need to ensure that they are understand the importance of client data protection.

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  1. Cybersecurity Skills and Cybersecurity Training for Employees

Cybersecurity Training for Employees can be used outside of the workplace and used to their advantage. Employees must be taught how to detect and mitigate cybersecurity threats such as phishing, ransomware, spoofing, and deepfakes to protect not only the company and its customers from these threats, but also the company’s own personal information from these threats.

It has been found that they are more likely to be computer literate and receptive to technological advances despite their resistance and hesitancy to learn, rather than being resistant and hesitant to learn in the first place. IT Outsourcing Services will address many of these IT items using a proactive approach.

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  1. Constant Changing Cybersecurity Landscape

What is Cybersecurity Training for Employees? In a world where computers and data security are constantly changing and growing, it is inevitable that cybersecurity threats will change along with them. Outsourced IT Support Toronto will help with the training of employees as it needs to be refreshed and updated on a regular basis if the organization wants to keep up with the frequent changes in the industry.

In the long run, cybersecurity training for employees will not be effective. It is the responsibility of a company to ensure that the data it collects, and shares is protected. All employees need to undergo cybersecurity training for employees to mitigate this risk to the maximum extent possible. With the right cybersecurity training program in place, along with other effective cyber security measures, employees will be able to recognize risks, guard against threats, and recognize and react to attacks when they occur, which will enable them to identify risks and guard against threats in the future.

Cybersecurity training for employees can play a big role in reducing the risk of data breaches as well as other cybersecurity threats.  As part of a cybersecurity awareness program, employees are educated about information security best practices, applications, and technologies that are commonly used in the workplace, such as social media, email, and websites. Cybersecurity awareness training is offered to employees to provide them with information about social engineering attacks such as phishing and spear phishing.   It is also possible to take this a step further by conducting phishing simulations as part of this activity. Employees receive deceptive emails that are indicative of malicious emails that are sent to them.

It is possible to assess, using this tool, whether individuals are aware of cyberattacks, how they respond to phishing emails, and if additional training is needed to protect themselves against cyberattacks.  You can improve the security of your organization’s computer system by providing your employees with the skills necessary to recognize common cyber threats. The purpose of security awareness training is to educate employees about vulnerabilities and threats to the operation of the company. To ensure that computer users on a business network are aware of their responsibilities and accountabilities, they need to receive training. To instill a culture of data security within your organization, it is imperative that you implement new hire training and regular refresher training.

Boost Client Confidence with Managed IT Services Mississauga

Clients are becoming increasingly aware of the risks associated with cyber security. To increase customer confidence, businesses must implement proactive tools and solutions that prove their cybersecurity resilience to gain the trust of their clients.  It was found that 31 percent of clients discontinued their relationship with the security breached company after a data breach according to a Ponemon study.

Another 65 percent of respondents said that they lost trust in the organization after being affected by one or more data breaches in the past year. Based on these statistics, having a strong cyber security posture is essential.  It is imperative that every business has employee cybersecurity training for employees.  Employees will be guided to follow best practices to mitigate cyber threats in the workplace.

Business customers are more likely to do business with a company if they are aware that it takes a proactive approach to cybersecurity as part of its business practices.  There is no doubt that your organization would benefit from a security awareness program. Additionally, employees will be able to make better and more educated decisions with the help of cybersecurity awareness programs (along with a layered approach to cybersecurity), as well as adoption of a layered approach to cybersecurity.

What is Cybersecurity Training for Employees?

365 iT SOLUTIONS offers can provide valuable information on proactive cybersecurity employee training needs as well as your cybersecurity.

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Happy New Year from 365 iT SOLUTIONS

Happy New Year from 365 iT SOLUTIONS

Together with our clients and partners, we look forward to seeing what 2023 will bring.

Thank you to all our employees, clients, and partners!

We appreciate all you have done to help us grow this year and look forward to 2023 with you.

Best wishes for the new year!

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Merry Christmas and Happy Holidays from 365 iT SOLUTIONS

365 iT SOLUTIONS would like to wish everyone peace and prosperity this holiday season!

The festive Christmas holiday season seems like the perfect time to extend our warmest thanks for being a part of our daily journey.

We greatly appreciate our clients ongoing support.

If you are looking to donate to a charity, we recommend CanadaHelps.

This give people the ability to donate to Canadian charities online.

Merry Christmas and happy holidays to you and your family!

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Who is the Top Cloud Services Provider in Toronto

As companies are investing in new technology in Toronto, who is the top cloud services provider in Toronto has become a very important question for businesses.

Three top cloud providers for Canada include Microsoft Azure, Amazon AWS, and Google Cloud. There are more options, however these three companies dominate the cloud services in Toronto.

Today’s economy is driven by knowledge. It is the way we share information that determines the extent of a company’s success. The emergence of cloud services during this shift has been the real game changer when it comes to sharing and exchanging information worldwide securely.

Cloud services in Toronto have revolutionized the way we store and share information. Organizations and Managed IT Services providers have been able to overcome the limitations of sharing through physical devices and a whole new dimension of the internet has been opened.

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What Is Cloud Services?

The cloud is a virtual space on the internet. It can be used to store digital resources such as software, applications, and files. Cloud services storage is essentially an internet-based virtual storage system.

Cloud services technology allows people to access digital resources stored in virtual space via networks, often satellite networks. In this way, information and applications can be shared without being restricted by a person’s physical location.

What Are the Advantages of Cloud Services?

We will cover five areas where cloud services in Toronto will offer a competitive advantage.

  1. Cloud Services Offers Better Storage Options

The capacity of a physical device does not limit cloud storage. There are no capacity limitations, unlike previous legacy storage solutions. A device can now have better and higher storage without worrying about upgrading hardware.

  1. Cloud Services Offers Better Scalability

As companies bandwidth requirements fluctuate, cloud services are a useful tool since it allows them to scale up when needed or scale down easily. Growing brands often attribute their success to cloud services scalability.

  1. Cloud Services Offers Better Collaboration for Remote Users

In today’s demanding economy, employees must be able to collaborate across multiple remote locations. Digital resources can be shared and accessed from anywhere in the world with cloud services securely. As a result, global teams can collaborate more effectively and securely.

  1. Cloud Services are Affordable

Many companies reduce their capital expenditures by using cloud services technology to eliminate the need for physical storage hardware. By appropriating these funds, new pathways to success can be paved through innovation and research.

When a small business is just getting started, purchasing software can be a costly endeavor. Instead, such companies can pay as they go for the cloud-based software. Rather than purchasing a service, it is more like leasing it.

  1. Cloud Services Disaster Recovery

The importance of disaster recovery protocols cannot be overstated for businesses of all sizes. Small businesses, however, lack the funds and expertise to do this. With the Cloud Services, smaller corporations can implement backup and recovery solutions efficiently and cost-effectively. Business continuity and disaster recovery (BCDR) will be in depth and covered by cloud services and Outsourced IT Support Toronto.

365 iT SOLUTIONS can help you explore Toronto cloud services for your business or nonprofit. We will simplify your cloud services. Our IT Outsourcing Services, Managed Security Services, and IT Support Services are award winning in Toronto.

How Does Cloud Services Work?

Instead of using your own or company computer hard drive, cloud technology stores and accesses programs and data over the internet.

How Does Cloud Services Allow for File Sharing?

Virtualization is usually the primary enabler of cloud services. By separating physical computing devices into multiple virtual ones, virtualization software allows them to be proactively handled by a Managed IT Services Toronto provider and used separately as needed.

Using smart devices including laptops and smart phones, users can access a pool of cloud services computing resources that are usually shared such as applications, storage, and computers over the internet. An IT environment with shared resources is created by pooling various software and hardware components.

Many organizations use Toronto IT services to handle their Cyber Security Training and Dark Web Monitoring to ensure their cloud services are safe and protected from cyber criminals and hackers.

What Is Hybrid Cloud Services?            

Hybrid cloud services technology refers to combining a public cloud with a private cloud to facilitate easy application and data sharing. Hybrid cloud services technology enables businesses to gain more control over their private data.

By using an internet browser, users can access and store data in the cloud. The backend is the primary component of cloud services that stores data and information. Databases, central servers, and computers make up the system.

Data security threats, breaches, and data loss are minimized by cloud service providers in Toronto by maintaining multiple copies of data. This redundancy is the process of making multiple copies of data for backup purposes.

Many organizations turn to Managed IT Services Mississauga providers and their Tech Support Services.

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What Are Three Types of Cloud Services?

When working with a top cloud services provider, software-as-a-Service (SaaS), Platforms-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS) are three types of cloud services. Internet-based cloud services host all information and services.

What is Software-as-a-Service (SaaS)?

Software as a service (SaaS) is a cloud-based software solution in which users are able to access applications through the internet.

What is Platforms-as-a-Service (PaaS)?

PaaS (Platform as a Service) is a cloud services model in which third parties deliver hardware and software tools to users.

What is Infrastructure-as-a-Service (IaaS)?

The concept of infrastructure as a service (IaaS) involves virtualizing computing resources over the Internet and providing them as a service.

365 iT SOLUTIONS  is one of the first CyberSecure Canada certified Managed IT Services in Toronto.

We offer an industry leading complimentary data breach scan for qualified companies in Toronto.

We can help your organization find the top cloud services provider in Toronto.

We Make IT Simple!

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Who Are the Top Managed IT Service Providers in Toronto

As many businesses are already working with managed IT services providers in Toronto, many wonder who are the top managed IT services providers in Toronto to help their business?

Startups and organizations are dependent on technology to improve efficiency and protect themselves from cyberattacks. There is no doubt that IT Support Services in Toronto have become increasingly important to small and medium-sized businesses.

It cannot be overstated how important IT solutions and Managed IT Services are to increasing the efficiency and productivity of an organization. It also helps businesses perform better against competitors as well as reach their business goals more easily.

Because of the costs involved in hiring an in-house IT department, small or medium business may not be able to afford such a service or extremely limited in the skill set for the salary they can afford. In most cases, IT services are provided either by a remote help desk or local Managed IT Services in Toronto.

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What is the difference between IT service providers and managed IT services?

While managing IT services, cyber security services, and other IT solutions services, the managed IT services provider sometimes referred to as Outsourced IT Support Toronto or Managed IT Services Mississauga, can help organizations increase productivity and efficiency while maintaining optimal cyber security for their computer systems.

The IT Outsourcing Services provided by IT support service companies in Toronto are generally responsible for the installation and maintenance of software and hardware. This includes building, testing, and repairing of IT infrastructures as well as provision of IT consulting services, Managed Security Services, Tech Support Services, Cloud Services, and managed IT services.

Who Are the Top Local Managed Service Providers in Toronto?

Here are 5 reasons why you should use a local IT services provider Toronto to find them:

An IT Outsourcing Toronto provider that is in the same city as the business is considered a local IT solutions provider or local managed IT services provider. There are many managed IT services in Toronto that are considered local IT providers for small and medium sized businesses.

It may be beneficial for a company to hire a local IT services provider for a variety of reasons, including the following:

  1. On-site support from managed IT services provider

This is one of the advantages of working with a local IT service provider or local managed IT services provider. While it is true that local IT solution providers can perform all the tasks that offshore IT departments can perform however there is no way that virtual IT service providers can perform all the tasks as well as local IT services providers can. Small and medium-sized businesses can take advantage of the presence of local IT professionals at the workplace if an incident requires the presence of a skilled IT professional.

Toronto IT providers can have local IT experts sent to your Toronto office to diagnose IT infrastructure problems and resolve them seamlessly within minutes as soon as possible. The situation in this case may require you to either have some IT knowledge or a member of your team to have some prior knowledge of IT before following professional instructions. Offshore IT support services may be insufficient in this case.

By using a managed IT services provider in Toronto, you will not have to deal with this stress, and you’ll resolve problems faster. This will allow you to concentrate on your business instead of worrying about IT services and cyber security. It will also provide your entire team the confidence and assurance you are in good hands.

  1. Managed IT services providers support the local economy

There are many benefits to hiring local IT providers or managed IT services providers for small and medium-sized businesses including the economy. To improve the economic viability of Toronto, it is imperative to partner with a managed IT services provider in Toronto, which includes cyber security and managed IT services. It is important to note that this law has an impact on all spheres of economics.

  1. Managed IT services is personalized per business

A local IT services provider or managed IT services provider can provide a level of personal service and customer care that cannot be matched by a company that provides IT services remotely. There is a common misconception that businesses are receiving generic IT solutions from offshore IT service providers and one-size-fits-all IT solutions.

The important thing to note is that local providers will diagnose your business to determine its technological needs.  IT will provide you with IT services that are tailored to meet those needs and your business goals. The advantage of doing this is that you can be sure that all your IT needs are addressed proactively, as well as addressing possible challenges like outdated technology or inadequate hardware setup that can be easily identified and addressed before they become a problem.

This also can include Cyber Security Training and Dark Web Monitoring, Business continuity and disaster recovery (BCDR).

  1. The local managed IT services provider understands the local economy

Compared to IT service providers or managed IT services providers that not local cannot offer the same service at the are not aware of the local challenges that your company faces, the economic situation, business procedures, and other essential factors that affect your community at large.

This unique local knowledge can provide satisfactory services and handle everything with the right attitude. It is also advantageous for a company to be able to rely on a local IT service provider or managed IT services provider if its IT infrastructure suffers from a disaster.

  1. Local managed IT services provider in Toronto can offer onsite training

The use of online learning and virtual training is on the rise, especially in the wake of the Covid-19 pandemic. It forced schools and companies to look for online solutions to survive. Virtual lessons using Microsoft Teams or other online learning aids are more effective than hands-on training in person. Many companies found working with a local managed IT services provider more effective.

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Who Are the Top Managed IT Service Providers in Toronto

365 iT SOLUTIONS is a Toronto managed IT services provider that is CyberSecure Canada certified and award-winning managed IT services provider in Toronto.

We are one of the top managed IT services providers in Toronto.

We Make IT Simple!

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Why Two-Factor Authentication is Better Than Single-Factor Authentication

As companies plan their cyber security with managed IT services providers in Toronto, many wonder why two-factor authentication is better than single-factor authentication at protecting their business.

A key aspect of network security is the verification of user authentication activity. Government agencies, small and medium-sized businesses, and big organizations must hold it in high regard. Having a solid user authentication system protects your business and network infrastructure (database, records, software and hardware, computers, etc.) from potential threats.

To prevent unauthorized network access, it’s usually imperative to implement authentication systems. One of the most popular authentication methods has been Single-Factor Authentication (SFA). As a result of technological advancement, which has both positive and negative effects, it has become more vulnerable. Thus, we examine SFA loopholes as well as other alternatives you can consider.

We will cover in this article why two-factor authentication is better than single-factor authentication at protecting their business as a Managed IT Services in Toronto.

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How does Single-Factor Authentication (SFA) work?

Security methods such as Single-Factor Authentication (SFA) are typically used to control and secure network access. Using one category of credentials for verification, the method identifies and ensures that the party seeking access is authorized to do so.

In Single-Factor Authentication (SFA), passwords are the most common authentication method. In this method, users are required to enter the right username and password to gain access. In this method, the user or network administrator needs to be diligent in creating a strong password and ensuring it remains secure and unknown to unauthorized parties.

According to CISA (Cyber-security & Infrastructure Security Agency), Single-Factor Authentication (SFA) is a vulnerable authentication method. The Single-Factor Authentication (SFA) system has been vulnerable to phishing, social engineering, network sniffing, and keylogging techniques.

Businesses that use it as the main network security method are vulnerable to network compromises and other security threats. I will provide more information about Single-Factor Authentication (SFA) risks in this article, but first let’s examine the alternatives. A Managed IT Services can help select the proper security.

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How does Two-Factor Authentication (2FA) work?

In some cases, this authentication method is called two-step verification or dual-factor authentication. To perform a proper identification or verification process, a user or system administrator must provide two distinct authentication factors.

Cyber security professionals are rapidly replacing Single-Factor Authentication (SFA) with this much-improved method. By restricting access to your business network, data, and other essential resources, two-factor authentication (2FA) increases security. SFA requires only a username and password (the only factor), whereas 2FA requires a second (different) factor, such as a code (security token), fingerprint, or facial scan (biometric factors).

By making it difficult for unauthorized personnel to access the system or network, the method adds another layer of security to the verification process. As a result, a compromised password does not leave the system vulnerable since the attacker must still scale through a second factor to identify and verify themselves. Using Cyber Security Training and Dark Web Monitoring would be beneficial to help your employees.

Why Two-Factor Authentication is Better Than Single-Factor Authentication 1

How does multi-factor authentication (MFA) work?

Multi-factor authentication (MFA) is a type of two-factor authentication (2FA). Before accessing a system or network, users must provide more than one authentication factor. In addition to Single-Factor Authentication (SFA), multi-factor authentication encompasses other authentication methods.

MFA is now used by most businesses, especially for sensitive information and highly valuable data. Most password decryption methods, such as phishing, social engineering, and malware fraud, are rendered ineffective by the method’s complex security layers. Even though Multi-Factor Authentication (MFA) is not a permanent solution to these attacks, it helps mitigate them and makes it harder for unauthorized users to access the network.

How does single-factor authentication (SFA) affect security?

Single-Factor Authentication (SFA) still exposes businesses to certain risks, which can cause valuable data to be lost, compromised, or inaccessible. Single-Factor Authentication (SFA) can be used for financial accounts, company networks, databases, and computer systems.

Therefore two-factor authentication is better than single-factor authentication at protecting their business.

Is single-factor authentication (SFA) prone to cyberattacks?

With Single-Factor Authentication (SFA), attackers will have an easier time gaining unauthorized access and breaching data. Data breaches are continuously causing businesses to lose money. Your business could lose millions if you use the SFA method for your network security.

Using phishing and other methods, Single-Factor Authentication (SFA) can be easily compromised using a single factor (password or pin code). Data breaches caused by compromised or stolen credentials accounted for 19 percent of breaches in IBM‘s cost of data breach report 2022, while phishing caused 16 percent. The ease with which attackers can bypass SFA puts your business at risk of these attacks.

If you forget or misplace the required factor without any means of recovering it, Single-Factor Authentication (SFA) could result in permanent loss of access.

The Multiple Factor Authentication (MFA) process provides an alternative method of gaining access to a system or network if the single factor authentication method is not possible. Using MFA over Single-Factor Authentication (SFA) is another way to protect yourself.

Do you need assistance with multi-factor authentication?

It is crucial for businesses to move beyond Single-Factor Authentication (SFA) and move towards Multi-Factor Authentication (MFA) to avoid easy attacks and data breaches that could cost them millions.

Your business’s network security should not be compromised by not integrating a Multi-Factor Authentication (MFA) solution. Now that you know why two-factor authentication is better than single-factor authentication at protecting their business, let a managed IT services provider in Toronto help using an award-winning IT Support Services and IT Outsourcing Services with real world experience.

365 iT SOLUTIONS  is a CyberSecure Canada certified and offers many other services including Business continuity and disaster recovery (BCDR)Managed Security ServicesTech Support Services, and Cloud Services.

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Cybersecurity Is Failing and Hackers Are Winning

Ask any cyber security professional or managed IT services provider and they will all tell you that cybersecurity is failing and hackers are winning their attacks against businesses.

There has been a massive exponential growth in the cybersecurity industry over the last 20 years since the turn of the century. It has been predicted that the value of cybersecurity will nearly double again soon, according to well-known cybersecurity experts and cyber security companies. There is no question that technology, IT infrastructure, and cloud services are less secure than they have ever been resulting in a higher rate of cyberattacks from hackers and cyber criminals.

The number of hacks that occur on a regular basis has gone up alarmingly in the last few years based on managed IT services providers.  This ranges in size and scope from ransomware attacks carried out by novice cybercriminals to sophisticated cyber security breaches perpetrated by state-sponsored hackers in China, Russia, and the United States.

Cybersecurity Is Failing and Hackers Are Winning 2

There is a growing number of cyber security professionals who believe that despite the rapid increase in dollars spent on cybersecurity, it is more difficult than ever for them to determine whether it is even possible to stop all cyber attackers.

There are several other companies that publish reports identifying new hacking groups, including Kaspersky, Trend Micro, Palo Alto, Fidelis, and CrowdStrike. These all show that cybersecurity is failing, and hackers are winning. Despite this, the reports are rarely attributed to a specific country or group, mainly because modern technology makes it almost impossible to identify who is behind most cyberattacks according to cybersecurity professionals.

Many business leaders believe that cybersecurity is failing, and hackers are winning, which is a clear sign of the industry’s importance. In order to hold a successful cyber security conference, cybersecurity companies need to hire former army generals, just as defense companies need former army generals as well as look into Cyber Security Training and Dark Web Monitoring.

Cybersecurity Is Failing and Hackers Are Winning 1

Many cybersecurity products and advice are available through managed IT services Toronto, but businesses do not know what to buy because there are so many options. There is a boom in cybersecurity companies now, and the industry is experiencing a lot of growth. Symantec, Kaspersky, McAfee, and Trend Micro, some of the biggest cybersecurity companies, had to admit last year that some of the products they sold to their own customers contained vulnerabilities that could be exploited by hackers. Another example is that cybersecurity is failing, and hackers are winning. Good news is managed IT services in Toronto are proactively managing cyber security.

In North America, over 50 percent of the population does not use the internet due to security and privacy concerns.

In the opinion of a large cybersecurity company and 365 iT SOLUTIONS, internet users face several problems that go unaddressed. As a result, there are several top minds in the cybersecurity field who work for the government on programs that identify vulnerabilities in systems, which are then exploited by intelligence agencies to gather information from them. It is the zero-day vulnerabilities that are the most valuable. They allow a hacker or cybercriminal to gain access to any system then can penetrate.

As far as hacker and cyber criminals are concerned, there is no doubt that they are winning the battle against IT departments. The good guys such as Managed IT Services Toronto, IT Outsourcing Services, and IT departments are in the dark for a number of reasons, whether it is because the government is keeping what it knows to itself, or the companies are hoarding what they know. Knowledge sharing is an issue in cyber security industry. There are a lot of hackers and cybercriminals who trade ransomware on the dark net as well as tips. This resulted from cybersecurity is failing and hackers are winning resulting in an ongoing battle for Managed Security Services and Tech Support Services,

It is estimated that in just a few years from now, the millions made through ransomware will be funneled back into criminal organizations looking for ever more sophisticated ways to hack into computers. Business continuity and disaster recovery (BCDR)IT Support Services, and Cloud Services are crucial to protecting any organization.

365 iT SOLUTIONS is a CyberSecure Canada certified award-winning managed IT services provider in Toronto and offer qualified companies a complimentary data breach scan that will scan the darkweb for your compromised credentials by hackers and cybercriminals.

As a boutique Toronto IT consulting firm, We Make IT Simple!

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Data Protection and Data Privacy is Good Business

Business reputation comes with responsibility because data protection and data privacy is good for business and vital to business growth.

Data protection and data privacy are causing significant delays for up to 65 percent of businesses worldwide based on the report from Cisco Privacy Maturity Benchmark Study.

Based on Cisco Privacy Maturity Benchmark Study comparison to 39 percent of privacy-mature organizations, 74 percent of privacy-immature organizations lost more than $500,000.

Data privacy maturity and data privacy effects on business were assessed by nearly 3000 global IT security professionals, IT Outsourcing Services, and Tech Support Services across 25 countries. Data privacy delays organizations by 7.8 weeks according to 77 percent of respondents.

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Customers are increasingly concerned about the level of privacy protection provided by the products and services they purchase. Managed IT services and Managed Security Services providers understand data protection and data privacy is good business.

The survey asked respondents to rate their current privacy maturity level which is defined in five levels:

  1. Ad hoc privacy maturity level
  2. Repeatable privacy maturity level
  3. Defined privacy maturity level
  4. Managed privacy maturity level
  5. Optimized privacy maturity level

Based on the Cisco Privacy Maturity Benchmark study:

Companies with lower privacy maturity levels experienced an average delay of 16.8 weeks, while businesses with higher privacy maturity levels experienced a decrease.

Businesses with optimized privacy processes reported 3.4 weeks of delays compared with ad hoc organizations.

Geographical and industry factors seem to affect delay length.

Considering these widespread and significant delays, every company should assess its own situation to determine where customer privacy concerns may cause delays. Depending on their potential revenue effects, companies should assess the return on investment of privacy process improvements, as well as the benefits of implementing such measures on sales. This is an excellent conversation with your managed IT services provider as they understand data protection and data privacy is good business especially using Cloud Services.

Data Protection and Data Privacy is Good Business 2

Despite growing organizational awareness, online hackers and cyber criminals continue to compromise sensitive financial and personal information. Unusual behavior may appear normal at first, making it harder to detect. There are many industry regulations to give greater control over your data. data protection and data privacy is good business hence why you need employee Cyber Security Training and Dark Web Monitoring including training as it is crucial.

Estimate revenue lost due to data protection and data privacy.

Customer service issues, inaccessible corporate policies, and IT infrastructure design issues can all cause problems. An organization must understand the cause of the problem before determining a solution. Working with your IT department, IT Support Services, or  Managed IT Services provider can help build a plan.

More mature privacy processes could have prevented data breaches.

Policy and protocol development should take place if there is no such plan already in place.

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Human behavior must be understood in addition to technical knowledge. Work with sensitive data every day, access company information on the go, and carry everything with them. Proactive employee cybersecurity awareness and practices must go beyond IT departments.

Organizations should not overlook the importance of investing in new technologies such as analytics or artificial intelligence. Business continuity and disaster recovery (BCDR) plus combining these tools with comprehensive training programs is the best way to protect organizations and customers. To drive this dual approach, we need trusted partners with deep cyber security expertise and executional skills.

365 iT SOLUTIONS is a boutique CyberSecure Canada certified award-winning managed IT services provider and Toronto IT consulting provider.

Does the darkweb have your compromised credentials, our complimentary data breach scan will check if compromised by hackers and cybercriminals.

We Make IT Simple!