Cybersecurity: have lessons been learned since the WannaCry attack?

After a ransomware virus swept the world in 2017, organisations globally were caught off-guard – yet, today, many still aren’t prepared to invest in resilient IT systems. Companies put off by the cost could face huge consequences

In May 2017, ransomware virus WannaCry swept through organisations around the world, locking computer screens, encrypting files and demanding a ransom to be paid in Bitcoin. Nearly 18 months on, businesses are still battling to protect their networks and stave off the next cyber meltdown.

The virus exploited a vulnerability in the Windows operating system, forcing critical infrastructure offline for days as it spread through 150 countries, hitting an estimated 45,000 organisations. Despite the large numbers, WannaCry was quickly stopped in its tracks and only a few businesses paid the ransom. However, the attack exposed weaknesses in basic security processes, with many organisations leaving their networks unprotected and failing to update or “patch” security vulnerabilities. Ever since, the cybersecurity industry has thought long and hard about the lessons of WannaCry.

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Source: Guardian

Watch our new animated video on how to value your business

Valuing and then selling your business is one of the most important things you’ll ever do as a business owner. Our new, and first ever, animated video on the subject explains this complex topic so you can better understand how much your business is worth. Let us know what you think of the video by

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Source: SmallBizUK

Pre-revenue Q&A: ‘I don’t even know if we’ll be successful in the long-term’

Running a pre-revenue business is full of uncertainty: how much money you’ll make, when to hire your first employee and whether you’ll even make it beyond your first year. But for these new businesses, there is some help along the way. Elena Dieckmann is co-founder of Aeropowder, a company creating sustainable products using chicken feathers.

The post Pre-revenue Q&A: ‘I don’t even know if we’ll be successful in the long-term’ appeared first on Small Business.

Source: SmallBizUK