NSI Expands Connecticut Market Presence with Acquisition of AT Chavez Consulting LLC
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In today’s fast-paced business environment, efficient collaboration and streamlined processes are essential for success. As a small business leader, you might be exploring ways to enhance productivity, improve communication, and manage your documents more effectively. One solution that stands out is Microsoft SharePoint. But what exactly is SharePoint, and how can it benefit your business? Let’s break it down.
What is Microsoft SharePoint?
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In today’s digital age, email has become a crucial communication tool for businesses. It’s where you connect with clients, manage transactions, and share sensitive information. However, this reliance on email also makes it a prime target for cybercriminals. One of the most alarming threats is an email account takeover (ATO), a type of cyberattack where an unauthorized party gains access to your email account and uses it for malicious purposes.
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Nowadays, it is crucial that financial institutions protect their businesses from the ever-diversifying forms of cyber attacks: including phishing attacks, DDoS threats, ransomware, PoS hacking, and social-engineering compromises. Even a single vulnerability can prove fatal for a small financial services firm. Statistics point to the fact that criminals don’t just target big businesses. In fact, ransom-seeking cyber criminals will specifically target small businesses 43% of the time according to the 2019 Verizon DBIR. Financial institutions are especially vulnerable: as the breach rate has more than tripled over the past five years.
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Year after year we’ve seen how ransomware attacks are still on the rise. Why? The answer is simple because they are still profitable for hackers. While some businesses are prepared to deal with it as an inconvenience, the majority don’t have essential security best-practices in place.
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