Think You Know Ransomware? The Origins of Cybercrime

Think You Know Ransomware? The Origins of Cybercrime

How well do you know ransomware? Security hacks and ransomware attacks are constantly in the news. In fact, in June 2023, a zero-day vulnerability in Progress Software’s MOVEit Transfer managed file transfer (MFT) product affected over 130 organizations and millions of individuals. And that is only the latest in a constant stream of cybercrime.

Since the advent of the internet, hackers have been developing increasingly sophisticated attacks. But what is most concerning may be that what was once only achievable by highly-skilled hackers is now accessible to anyone. Would-be cybercriminals can easily access the tools and knowledge via the internet to mount an attack. Currently, that most often takes the shape of a ransomware attack—which makes any industry with data a target. Despite this fact, many organizations and individuals continue to remain vulnerable.

Intense hacker committing a cybercrime

Sophos, a leading security software and hardware company, and one of Aunalytics’ technology partners, has released a three-part documentary series examining the history of cybercrime and how it affects everyone—from small businesses to local and national governments. The first episode examines origins of cybercrime and explores why many interconnected systems are susceptible to ransomware attacks. Watch it below:

View the episode on Vimeo.

Are you certain your organization is fully protected? If you aren’t sure, the security experts at Aunalytics can help you determine your organization’s risk. We offer a complete suite of managed security services and maintain a highly secure cloud environment utilizing security best practices. Aunalytics partners with leading technologies in the security field, such as Sophos, to ensure that your organization always stays a step ahead of hackers and other bad actors. Don’t leave your organization vulnerable—contact Aunalytics today.

23 Community Bankers Association of Ohio 49th Annual Convention

CBAO 49th Annual Convention

July 31 - August 2, 2022

CBAO 49th Annual Convention

Glass City Center, Toledo, OH

Aunalytics Attending the CBAO 49th Annual Convention

Aunalytics is excited to exhibit at booth #519 during the 2023 Community Bankers of Ohio 49th Annual Convention in Toledo, OH. Representatives from Aunalytics will be educating attendees on how financial institutions can use AI-driven insights to improve customer engagement and increase wallet share. Event attendees can also learn more about the Daybreak™ for Financial Services solution which enables community banks to more effectively identify and deliver new services and solutions so they can better compete with large national banks.

23 Community Bankers Association of Ohio 49th Annual Convention

Organizations Shift to Cloud-Based Analytics and IT Platforms

Organizations Shift to Cloud-Based Analytics and IT Platforms

The growth rates of cloud-based IT solutions in the areas of analytics and artificial intelligence have been substantial in recent years. The increasing volume of data and the need for faster, more accurate insights have driven organizations to adopt cloud-based analytics solutions at a rapid pace. This has resulted in the growth of cloud-based data warehousing, business intelligence, and big data analytics solutions.

Similarly, the growth of artificial intelligence has been driven by the cloud, as it allows organizations to access powerful AI algorithms and training data without having to invest in expensive hardware. The cloud has also made it possible for organizations to scale AI solutions quickly and easily, leading to an increase in the adoption of cloud-based machine learning and deep learning solutions. These trends are expected to continue as organizations look to leverage the power of AI and analytics to gain a competitive edge in the market.

Organizations Shift to Cloud-Based Analytics and IT Platforms (1)

This growth in cloud-based analytics and AI has been driven by the larger business adoption of cloud IT because of its numerous benefits such as increased flexibility, scalability, and cost savings. Cloud technology allows companies to access their data and applications from anywhere, reducing the need for physical infrastructure and freeing up resources for other areas of the business. This shift towards cloud computing has also improved disaster recovery and business continuity, as data can be stored and accessed remotely. Additionally, with the rise of cloud-based solutions, businesses have been able to access advanced technologies and services without having to invest in expensive hardware and software. This has resulted in increased competitiveness, innovation and better overall business performance.

APIs add efficiency and flexibility to cloud environments

The power behind the most widely adopted cloud platforms are APIs (Application Programming Interfaces), which play a crucial role as they allow different software systems to communicate with each other and access data from the cloud. This has enabled organizations to build custom solutions and integrate disparate systems seamlessly, making the use of cloud technology much more efficient and flexible.

APIs also allow for automation and streamlining of processes, reducing manual errors and freeing up time for more valuable tasks. APIs make it possible to add new functionality and services to existing systems, allowing for continuous improvement and innovation. In essence, APIs provide a bridge between the cloud and an organization’s systems, enabling organizations to harness the full potential of cloud computing and drive digital transformation.

Analytics moves to the cloud

In terms of business outcomes, cloud-based analytics allow businesses to access and process large amounts of data in real-time, regardless of the size or location of their operations. This enables organizations to make informed decisions quickly and respond to changing market conditions with agility. Secondly, these solutions are much more cost-effective, as businesses only pay for what they use and do not have to invest in expensive hardware or IT infrastructure. The cloud provides businesses with access to a wide range of advanced analytics tools and technologies, enabling them to gain insights from their data in new and innovative ways. These solutions are highly secure and reliable when they are managed by experienced cloud service providers who ensure that data is protected and the solution is always available. Overall, they are considered to be a better choice for businesses because of their scalability, flexibility, cost-effectiveness, and secure approach to data analysis.

Likewise, cloud-based AI or AI as a Service (AIaaS) provides organizations with access to deep insights without having to invest in expensive experts or the necessary hardware and software to implement such solutions. This makes it easier for organizations to deploy and scale AI solutions as they only pay for what they use and do not have to invest in maintaining their own infrastructure. Furthermore, these solutions are more flexible and can be customized to meet specific business requirements, enabling organizations to generate valuable insights that help them to differentiate from their competitors. Finally, cloud-based AI makes it possible for organizations to collaborate and share AI models, allowing them to leverage the collective expertise of their partners, customers, and employees to create better solutions. In short, it is a high-value choice for businesses as it provides a more accessible, scalable, affordable, and collaborative approach to artificial intelligence.

Moving to the cloud accelerates digital transformation

Leading research and advisory firm Gartner reported that “Cloud migration is not stopping, IaaS will naturally continue to grow as businesses accelerate IT modernization initiatives to minimize risk and optimize costs. Moving operations to the cloud also reduces capital expenditures by extending cash outlays over a subscription term, a key benefit in an environment where cash may be critical to maintain operations.”

Aunalytics provides a highly redundant and scalable cloud infrastructure that enables midsized businesses to reap the benefits of the cloud at a reasonable cost. The Aunalytics Cloud provides a wide range of solutions—including cloud storage, backup and disaster recovery, application hosting, advanced analytics, and AI. Moving from on-premises computing to a cloud environment is a key step in an organization’s digital transformation.