Many have labelled the rise of Artificial Intelligence (AI) as a new type of industrial revolution. AI has the potential to improve productivity across a range of sectors, whilst lowering costs. However, there are risks of AI, similar to any technology that is not adequately managed or secured. The criminal network has been improving this capability for years through the use of botnets, and AI brings with it a new range of cyber security risks.

An energy revolution is on the horizon, in which both utilities and consumers will produce and sell electricity. Blockchain technology is already being tested in a number of different places. For example in New York State it is being tested as a way of selling solar energy between neighbours and in Germany one power company is running a pilot to see if blockchain technology can authenticate and manage the billing process for autonomous electric-vehicle charging stations.

Sir Arthur C. Clarke said that: “any sufficiently advanced technology is equivalent to magic”. Well, I thought that transferring money from a country to another without paying any fees could only happen in a magical world, but since I have started travelling around the world of technology on my journey with Serviceteam IT, I would totally agree with Arthur.

Ransomware Backup Protection: Image-based backup, and a hybrid cloud model, delivering enterprise-grade functionality at a small business price. Ransomware backup detection is provided through a Total Protection Solution, devices actively monitor backups, and when a ransomware footprint is detected, it notifies admins that they have a likely ransomware attack.

UK business, infrastructure and government face an unprecedented level of threat from cyber-security attacks. The new National Cyber-Security Centre (NCSC) contended with 480 major incidents in its first 8 months, from global ransomware outbreaks to smaller breaches at British businesses, and the pace shows no sign of slowing.

In the past, cyber attackers have often been unaware of how much stolen data is worth to organisations. However, the implementation of GDPR means that organisations can be fined up to 4% of their global annual turnover or €20m, whichever is greater, if found to have a data breach. These fines effectively provide cyber criminals with a price point for criminals to understand how much the data is worth to organisations.

Cyber attacks are becoming more frequent in the business world today. In light of this, cyber security has become one of the leading concerns for UK businesses. Research conducted by Serviceteam IT in August 2017, revealed over a third of respondents had experienced an increase in cyber security incidents in the past 12 months.

We use a number of methods and vendors to help completely secure our customers data. Backups for ransomware protection, password managers for credentials, multi-factor authentication, anti-spoof & anti-phishing protection, RADIUS authentication and device audit and management. Read more about how we help organisations.

Bitcoin, has risen to fame in recent years and become especially prevalent due to the recent media coverage linked to cyber-fraud, particularly the WannaCry ransomware attack. They’re anonymous and not in the control of banks and governments. Despite its affiliations with the illegal economy, and the association with cyber-fraud, major banks and companies across the world are in talks to adopt digital currencies such as Bitcoins.

Incidents infecting hundreds of thousands of computers globally bring problems into rather sharp focus. Ransomware has been with us for many years. We’ve seen a number of customer cases that prove it’s possible to survive these attacks. Without having to pay. As the ransomware threat continues, it’s imperative to understand how you can protect your business. Having a strategy is a really good start.