Technology TrendsBusiness owners may find it difficult to stay up-to-date with technology trends and decide which ones are worth their investment. To remain competitive in today’s market, businesses need to stay on top of technology.

These are the top three tech trends that every business owner needs to be aware:

Cloud computing: Cloud computing refers to the provision of computing services over the internet, rather than via local servers. Cloud computing can help businesses reduce IT costs, improve collaboration, and scale up. Before moving to the cloud, businesses should assess their compliance and data security requirements. Businesses can adopt cloud computing by managing IT services.

Artificial intelligence (AI), machine learning: Machine learning and AI allow for automated tasks, analysis of large quantities of data, and the delivery of personalized experiences to customers. Machine learning and AI can be used to improve operations and increase efficiency. They also help companies reduce costs. Companies should be aware of the resources and skills required to successfully implement and manage these technologies. IT-managed IT services can be used by businesses to integrate AI and machinelearning into their business operations.

Internet of Things (IoT),: This refers to a network of connected sensors and devices that can exchange data and communicate over the internet. The Internet of Things is a way for businesses to automate their processes, increase efficiency, and gather valuable data insights. However, IoT devices are susceptible to hacking and other cyberattacks so security is important. Managed IT services are available to help businesses protect their IoT devices as well as their data.

If companies want to stay competitive and achieve their goals, they must keep up with technological advances. Companies that use cutting-edge technology will reap the benefits. To successfully implement and manage these demands, companies must first assess them carefully and make sure they have the resources and support they need. Managed IT services from Integrated Technology Systems will allow companies to manage the adoption of new technologies, and ensure that they are used securely and in compliance.

New Phishing Scheme: Stolen Financial Data used as a Bait

Phishing AttackIn a clever phishing scam, hackers are tricking victims into giving them stolen financial information. To persuade people to click on malicious links, hackers have over 400,000 data points. These include identity numbers, names, payment records, and phone numbers. BitRAT is a powerful virus that can steal passwords and spy on users. It also allows them to install cryptomining software.

BitRAT is a remote access trojan that uses confidential data from banks to spread its message. The new campaign used phishing emails to convince victims to download an Excel file.

BitRAT, a well-known remote attack trojan (RAT), is available on dark web markets and other forums used by cybercriminals. It costs $20 per year for a lifetime membership and attracts hackers. BitRAT is also easily blocked because it can be used in many activities including trojanized software, phishing attacks and watering hole attacks.

The identity of the hacker group behind the attack is unknown. However, it is believed they used SQL injection flaws in order to compromise the IT network at a cooperative bank in Colombia. This is a common method hackers use to trick databases into producing error messages so they can discover the layout of the data.

The information exposed includes, among others, ID numbers (national resident identification), phone numbers and email addresses, customer names as well income information, payment history and residences.

There is no evidence that the information was posted to any forums. Consumers should be concerned, however. Threat actors could also use this information to launch phishing attacks.

A macro embedded in the exfiltrated bank file downloads a second-stage DLL Payload that is programmed to fetch BitRAT from the infected host. Akshat Pradhan from Qualys says that the infected file downloaded BitRAT embedded payloads via WinHTTP to the %temp% directory.

Steps companies can take to protest data from phishing schemes

  1. phishing-Train employees: Employees should be educated about the different types of phishing schemes, how to identify them, and how to respond to them. This can be done through regular training sessions provided by Integrated Technology Systems, videos, or online resources.
  2. Implement security software: Companies should implement security software, such as anti-virus, firewalls, and intrusion detection systems, to help prevent phishing attacks from reaching employees' inboxes.
  3. Use two-factor authentication: Two-factor authentication adds an extra layer of security to login processes, making it harder for hackers to gain access to sensitive data.
  4. Monitor email: Companies should monitor email traffic for suspicious activity, such as messages containing links or attachments that look suspicious.
  5. Respond quickly: If a phishing scheme is detected, companies should respond quickly to limit the damage. This may involve shutting down the affected system, isolating the infected machine, or revoking access to sensitive data.
  6. Have an incident response plan: Companies should have a plan in place for responding to phishing schemes, so that everyone knows what steps to take in the event of an attack.
  7. Regularly review and update policies: Companies should regularly review and update their security policies to ensure that they are in line with the latest threats and best practices.

These types of threats are vital for business owners. Businesses can take proactive steps to secure their systems and sensitive information. Businesses can take proactive measures to reduce the chance of being attacked by cyber-attacks by contacting Integrated Technology Systems today.

Integrated Technology Systems
6 East 45th Street, Suite 400
New York, NY 10017