coronavirus

The Post-COVID Landscape for MSPs

I recently had a great conversation with Jay McBain, Principal Analyst for Channels and Partnerships at Forrester, about how the economic downturn caused by COVID-19 will affect the channel – specifically the MSP Channel.

There was a lot of territory to cover: from looking at the current state of the channel to how many in the channel may (or may not) survive the economic hardship to examining the real opportunities the pandemic has created for MSPs.

I’ll recap our conversation below and you can watch the full interview as well, but long story short: while many in the channel will struggle to survive, there are also tremendous opportunities ahead.

Latest news in cyberattacks

There is always a lot happening in the world of cybersecurity, so we’ve captured some of the latest highlights in this week’s roundup.

Acronis on GigaOM podcast

On the heels of prominently featuring Acronis in his recent “Radar for Hybrid Cloud Data Protection” report, analyst Enrico Signoretti spoke with our Chief Cyber Officer, Gaidar Magdanurov for a new episode in GigaOM’s Voices in Innovation podcast series.

The 30-minute conversation focused on how the COVID-19 pandemic has fundamentally changed the data protection and cybersecurity landscape, and what the long-term effects of the near-global lockdown will likely be. Naturally, there was a heavy focus on the cyber protection implications of the incredible shift to working from home.

Cyberattacks Target Remote Work Tools

Remote access to business environments has become a vital part of everyday work during the COVID-19 pandemic. One of the common ways an employee like a tech support staffer can connect to a remote employee’s work computer is the Remote Desktop service, which has some well-known security vulnerabilities.

One widely-used remote desktop service, Microsoft’s Remote Desktop Protocol (RDP), is susceptible to DLL Side Loading attacks, in which hackers exploit the lack of an integrity check to replace a legitimate Windows dynamic-link library (DLL) with a malicious copy under the same name that is then loaded by the importing process.

CoronaVirus ransomware and infostealer attack

At the moment, scammers are trying to cash in by sending out emails that promise pandemic relief money. The emails impersonate official entities such as the U.S. Federal Reserve or other official institutions. With subject lines like “Receive Payment” or “Relief Payment Form”, anxious users are motivated to click on a link that redirects to a phishing website, which tries to steal personal information or online banking credentials. Other email variants use these stimulus bills as bait to deliver a password protected “COVID 19 Relief.doc” document that contains a financial trojan or ransomware.

And we still see waves of classic COVID-19 themed malware threats making the rounds. One such threat example that we came across recently dropped a combination of ransomware and infostealer malware.

Coronavirus fears foster phishing attacks

Cybercriminals continue to exploit the COVID-19 theme in their cyberattacks, trying to trick user into entering their credentials or personal information on a phishing web page or loading malicious documents that pretend to contain essential information related to the COVID-19 pandemic.

Here is a quick roundup of examples that show how scammers and hackers are leveraging the crisis.

Intriguing COVID-19 Prevention Being Researched By Two Nobel Prize Winners

As someone who has led his life on the cutting-edge of technology and science, Acronis Founder and CEO Serguei “SB” Beloussov has made a lot of connections in the different scientific fields. Often, this means he is able to connect with some of the world’s leading scientific minds, which is how Acronis was able to get Dr. Rino Rappuoli, Chief Scientist and Head of External R&D at GSK Vaccines, to provide details about COVID-19 and the latest updates on its spread at Acronis’ COVID-19 Outbreak Virtual Conference.

During the presentation, SB discussed the efforts by two Nobel Prize winners who he is friends with. While Acronis is not involved in their efforts, they are exploring an intriguing method for combatting COVID-19 that could potentially help reduce the infection rate.

Demystifying the CARES Act for MSPs

MSPs can benefit from CARES Act aid

The U.S. Government pulled together the largest economic stimulus package in our nation’s history and they did it in one week. This is an incredible accomplishment and a testament to our country’s ability to work together when faced with a crisis the likes of which we have not seen before.

Acronis' Amy Luby just spoke to the CEO of Lendio, Brock Blake, and two MSP business owners, Amy Babinchak and Lori Tisinai, about the Coronavirus Aid, Relief, and Economic Security (CARES) Act, who it is for, and what the best strategies are for accessing those funds. Brock explained who’s eligible for the CARES Act and how Lendio is making it easy for small business owners to apply for and find the right banks.

COVID-19 Outbreak: What to Expect and How to Stay #CyberFit

While most of the world is responding to the coronavirus crisis with compassion, cybercriminals are trying to take advantage of the emergency. Not only do we need to take precautions to maintain our physical well-being, but we also need to safeguard our digital lives as well against these immoral opportunists.

In both instances, people have a lot of questions.

On Wednesday, April 15, 2020, from 13:00-15:00 CET, Acronis is holding an online event with experts who will address the latest updates on the spread of COVID-19, how we can protect ourselves from infection, and what steps we should be taking to counter the cyberattacks that are increasing in the pandemic’s wake.

Coronavirus brings spike in cyberattacks

In light of the unfortunate and devastating spread of the COVID-19 pandemic – and the spike in cyberattacks in its wake – the need for cyber protection is even clearer. That need is particularly acute for the people and companies who had fallen behind in the cybersecurity race due to budget constraints or lack of attention.

Now that individuals are deeply stressed, cybercriminals are using every angle of attack, including playing on the natural fear of COVID-19 and the desperate search for information. In the last two weeks, Acronis has seen a significant increase in cryptojacking, while ransomware attacks are growing rapidly as well.