Global Risk Report: Cyberattacks are in top 4 !

Cybersecurity risks are growing, both in their prevalence and in their disruptive potential. Attacks against businesses have almost doubled in five years, and incidents that would once have been considered extraordinary are becoming more and more commonplace. The financial impact of cybersecurity breaches is rising, and some of the largest costs in 2017 related to ransomware attacks, which accounted for 64% of all malicious emails. Notable examples included the WannaCry attack—which affected 300,000 computers across 150 countries—and NotPetya, which caused quarterly losses of US$300 million for a number of affected businesses. Another growing trend is the use of cyberattacks to target critical infrastructure and strategic industrial sectors, raising fears that, in a worst-case scenario, attackers could trigger a breakdown in the systems that keep societies functioning.

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75% of CEOs use applications that aren’t approved by IT

CEOs and business decision makers (BDMs) say they understand the massive cybersecurity risks facing organizations today. However, that does not stop 75% of CEOs and 52% of BDMs from using applications and programs that are not approved by their IT department, according to a new report from Code42. About half of these professionals said they have experienced a security breach within the last 18 months.

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How to Spot the Six Archetypes of Insider Threat

Every day, data walks out the doors of businesses around the globe. Sometimes this data exfiltration is unintentional, other times it’s malicious. Often what’s taken is harmless, but sometimes it’s valuable company IP or sensitive material. With IP accounting for 80 percent of a company’s value, the potential impact of insider threat is enormous.

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WSJ warns of ransomware—misses the obvious solution

Read through the recent Wall Street Journal ransomware article and you’ll find some great stats on the growing threat and cost. One thing you won’t find: the word “backup.” We’re happy to see ransomware finally getting the attention it deserves, but why discuss the problem and leave out the obvious, simple antidote? It’s like an article on a bike theft epidemic that fails to mention that none of the bikes were locked up.

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Wall Street Journal: The Best Way to Back Up Your Computer

By Geoffrey A. Fowler
Updated March 4, 2015

There are two types of hard drives: those about to fail, and those that will fail eventually. Plan accordingly.

Online backup is effective because it does the worrying for you. The cloud is less susceptible to loss than running (or, heaven forbid, thwacking) your own farm of backup drives. The cloud is protected from fire, flood, theft and your cat. You can access online archives from anywhere, including on your phone. And it makes sense if you’re already paying an arm and a leg for fast, unlimited broadband.

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Forbes Names Code42 One of America’s Most Promising Companies for the Third Consecutive Year

27 January 2015

Code42, the leader in endpoint data protection and management for business and enterprise, today announced it was included on Forbes’ fourth annual list of America’s 100 Most Promising Companies in 2015. This marks the third consecutive year Code42—which ranked number 80—has been named to the prestigious list of the nation’s top one hundred privately held, high-growth organizations.

“Enterprises choose Code42 to protect their data from today’s growing list of security threats,” said Brian Bell, president and chief operating officer at Code42. “This trust in our products and team drives our continued focus and innovation as a leader in the endpoint data protection and management market. We’re honored by Forbes’ recognition of our efforts.”

Forbes reviewed hundreds of applications from businesses across the country with revenues up to $250 million to create its fourth annual ranking of America’s Most Promising Companies. The final assessment and selection was based on company growth in sales and hiring, quality of management team and investors, margins, market size, and key partnerships. The complete list of America’s Most Promising Companies is available online here.

This recognition marks the latest in a series of honors recognizing Code42 for its growth and corporate momentum. In the past year, Code42 ranked number 95 on Deloitte’s 2014 Technology Fast 500™ and was again named to the Inc. 5000 list of America’s fastest-growing private companies. Additionally, the company was included in Wealthfront’s annual list of “106 Mid-Size Companies With Momentum.” For information on the complete list of Code42 achievements, visit the Honors page on the company’s website.