Accounting departments that use manual matching processes spend hours organizing payables and receivables. Ensuring expenses are reported in the same period as the revenues were earned, makes the matching principle a fundamental component of accounting.
Another day another data breach
Verizon leaked 6 million users’ data.
It is almost daily that we hear about data breaches that affect millions of consumers, today’s news is from the nation’s largest cell phone carrier, Verizon was a leak of 6 million users' information.
Business owners knows that one way to increase your profit margins is by cutting costs. When it comes to technology, most businesses reduce cost by either moving their operations to the cloud, outsourcing IT services, uninstalling the unnecessary software or all of the above.
"We are seeing several thousands of infection attempts at the moment, comparable in size to Wannacry's first hours." said Costin Raiu, a security researcher at Kaspersky Lab.
Judging by photos posted to Twitter today and various images provided by sources, the attacks involve a piece of ransomware that displays red text on a black background, and demands $300 worth of bitcoin.
PICS ITech Ranked Among the Worlds Top 501 Managed Service Providers
10th Annual MSP 501 Ranking and Study Identifies World’s Most Progressive MSPs in Information Technology
June 26, 2017: PICS ITech ranks among the world’s most progressive Managed Service Providers (MSPs) for the 6th consecutive year, according to Penton Technology’s 10th-annual MSP 501 list and study.
Ransomware is in the news again. According to The Washington Times, the recent WannaCry ransomware attack, responsible for crippling computers around the world, was perpetrated by North Korean hackers. But this isn’t an isolated incident.
The number one security risk for businesses is people. Regardless of the network configuration you have in place, the number of firewalls, anti-malware, and demilitarized zones (DMZs) you employ, or the type of permission controls you use, human error remains the biggest threat to the safety of your network.
Office 365 is a robust cloud solution that allows your team to store almost unlimited files and collaborate on them, too. In addition to its productivity features, Office 365 comes with some really good security and data compliance solutions that will help your business avoid the a possible crushing financial and legal issues of data loss.
Small businesses face a number of challenges and often operate within very thin profit margins. It takes time to build a clientele, develop a dependable staff, and find your niche in a world of giant conglomerates. For this reason, many small business owners rely on family connections to bridge skills gaps.
For PICS ITech Customers
We have a multi-pronged approach to protect your computer network against this type of attack and have worked all last week to ensure all computers were patches and protected. In addition we have been in contact we our security vendors to make sure all anti-malware, and network protections are in place.