MGM’s Ransomware Nightmare: Why Local MSPs Are Your Best Defense Against Cyber Threats

The recent wave of cyberattacks has left no industry untouched, not even the glitzy world of casinos. The MGM Resorts, a multi-billion-dollar casino operator, fell victim to a massive cyberattack that disrupted their operations and caused system-wide shutdowns1. This high-profile breach underscores the reality that cyber threats are a clear and present danger for businesses of all sizes, including small to medium-sized businesses (SMBs).

The New Wave of Cyber Threats

Imagine a hacker, posing as a high-level employee in your business, reaching out to your IT helpdesk. They convince your team to reset the multi-factor authentication (MFA), a security measure that requires more than one method of authentication to verify a user’s identity. Once they gain access, they can impersonate real users, modify usernames, and even access sensitive applications. That’s what happened to MGM Resorts1.

Choosing a Local Managed Service Provider (MSP)

In light of such threats, how can you safeguard your business? A local Managed Service Provider (MSP) might be the answer you’re looking for. Compared to larger service providers, a local MSP has several advantages:

  1. Personalized Service: A local MSP can provide a service tailored to your specific needs. They’ll understand your business and implement security measures that fit your operations and budget.
  2. Quick Response Time: In the event of a cyberattack, a local MSP can respond quickly. You won’t be left waiting on hold with a large, impersonal company.
  3. Local Knowledge: Local MSPs are familiar with local laws and regulations. They can guide you on compliance issues and help you avoid potential legal problems.
  4. Long-term Relationship: With a local MSP, you can build a long-term relationship. They’ll be more committed to your success and will go the extra mile to ensure your business is protected.

Your Business’s Safety is Worth It

Protecting your business from cyber threats is an investment worth making. A local MSP can help implement robust security measures, set up alerts for suspicious activity, limit high-risk tasks, and even train your employees on cybersecurity best practices.

In conclusion, don’t wait until it’s too late. The MGM Resorts incident serves as a stark reminder of the potential impact of cyberattacks. With a local MSP by your side, you can rest assured that your business is safe, secure, and prepared for any cyber threats that come your way.

Footnotes

  1. TechCrunch 2

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