Business of Tech: Daily MSP News & IT Services Analysis

Security things to know today

New Essential Eight and Trend Micro Data

Bug bounties and why we care  

AND

REvil down... and more

https://www.zdnet.com/article/us-senate-confirms-jen-easterly-as-head-of-cyber-agency/#ftag=RSSbaffb68

https://www.lexology.com/library/detail.aspx?g=0eaacc99-db75-45fe-aa81-89f021e8743d

https://www.channelfutures.com/mssp-insider/trend-micro-84-of-u-s-organizations-hit-with-ransomware-phishing

https://www.theverge.com/2021/7/12/22573804/microsoft-trickbot-malware-botnet-router-replacement-brazil-latin-america

https://www.thedailybeast.com/the-pentagon-tried-to-take-down-these-hackers-theyre-back?scrolla=5eb6d68b7fedc32c19ef33b4

https://www.zdnet.com/article/ransomware-we-need-a-new-strategy-to-tackle-exponential-growth-says-interpol/#ftag=RSSbaffb68

https://techcrunch.com/2021/07/13/facebook-adds-a-payout-time-bonus-to-help-retain-bug-bounty-hunters/?guccounter=1

https://therecord.media/gmail-deploys-support-bimi-security-standard/

https://www.cnbc.com/2021/07/13/multiple-revil-ransomware-sites-are-down-on-the-darkweb-.html

https://www.technologyreview.com/2021/07/13/1028431/worlds-biggest-ransomware-gang-disappeared-us-russia/

https://portswigger.net/daily-swig/bug-bounty-earnings-soar-but-63-of-ethical-hackers-have-withheld-security-flaws-study

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon:  https://patreon.com/mspradio/

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Three things to know today

How age and gender are two more variables in returning to work, and unemployment benefits aren’t

https://www.axios.com/gen-z-remote-work-eb2bb532-1dc9-4cdc-b542-01de2c780f55.html

https://www.techrepublic.com/article/employees-are-concerned-about-these-situations-when-returning-to-the-new-office/#ftag=RSS56d97e7

https://www.vox.com/recode/22568635/women-remote-work-home?mc_cid=2aa7bc61e9&mc_eid=70cbbe1cdc

https://www.bloomberg.com/news/articles/2021-07-09/little-sign-of-employment-gain-from-pulling-benefits-jpmorgan?sref=Ptu9QECN

https://www.wired.co.uk/article/best-day-return-office?mc_cid=4e919ad87f&mc_eid=70cbbe1cdc

https://www.newyorker.com/culture/cultural-comment/how-to-achieve-sustainable-remote-work

Action in lobbying, with a new group forming for MSPs

https://www.politico.com/news/2021/07/12/internet-association-powerhouse-recedes-499212

https://www.nsitsp.org

AND

Kaseya’s CEO gives us insight into software vendors financial incentives

https://www.thestar.com.my/tech/tech-news/2021/07/13/you-can-commit-crimes-all-day-long-kaseya-ceo-says-cryptocurrency-fuels-ransomware-hacks

This is the Business of Tech.

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon: https://patreon.com/mspradio/

Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on:

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Twitter: https://twitter.com/mspradionews/

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About Business of Tech: The daily MSP news and analysis podcast for managed service providers and IT services leaders. Host Dave Sobel covers AI for MSPs, MSP pricing and profitability, MSP M&A and private equity, vendor partner programs, MSP cybersecurity and liability, and MSP operations — and answers the question every story raises: Why do we care? Produced by MSP Radio.

MSP Radio is supported by our partners:

ABC Solutions · CometBackup · Firetail · HaloPSA · LogMeIn · Mailprotector · Pax8 · Rythmz · ScalePad · TimeZest · Transit AI

Supporting the IT services community through insights, analysis, and transparency.

Get exclusive access to investigative reports, vendor analysis, leadership briefings, and more.

👉 https://businessof.tech/plus

Want the show on your favorite podcast app or prefer the written versions of each story?

📲 https://www.businessof.tech/subscribe

Looking for the links from today’s stories?

Every episode script — with full source links — is posted at:

🌐 https://www.businessof.tech

Pitch your story or appear on Business of Tech: Daily MSP News & IT Services Analysis

💬 https://www.podmatch.com/hostdetailpreview/businessoftech

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Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Three things to know today

How age and gender are two more variables in returning to work, and unemployment benefits aren’t

https://www.axios.com/gen-z-remote-work-eb2bb532-1dc9-4cdc-b542-01de2c780f55.html

https://www.techrepublic.com/article/employees-are-concerned-about-these-situations-when-returning-to-the-new-office/#ftag=RSS56d97e7

https://www.vox.com/recode/22568635/women-remote-work-home?mc_cid=2aa7bc61e9&mc_eid=70cbbe1cdc

https://www.bloomberg.com/news/articles/2021-07-09/little-sign-of-employment-gain-from-pulling-benefits-jpmorgan?sref=Ptu9QECN

https://www.wired.co.uk/article/best-day-return-office?mc_cid=4e919ad87f&mc_eid=70cbbe1cdc

https://www.newyorker.com/culture/cultural-comment/how-to-achieve-sustainable-remote-work

Action in lobbying, with a new group forming for MSPs

https://www.politico.com/news/2021/07/12/internet-association-powerhouse-recedes-499212

https://www.nsitsp.org

AND

Kaseya’s CEO gives us insight into software vendors financial incentives

https://www.thestar.com.my/tech/tech-news/2021/07/13/you-can-commit-crimes-all-day-long-kaseya-ceo-says-cryptocurrency-fuels-ransomware-hacks

This is the Business of Tech.   

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon:  https://patreon.com/mspradio/

Want our stuff?  Cool Merch?  Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on:

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Two things to know today

IT Provider profit data isn’t great, and so let’s consider the market

https://www.zdnet.com/article/the-global-shortage-of-chips-is-threatening-the-economic-recovery/#ftag=RSSbaffb68

https://www.zdnet.com/article/global-pc-shipments-remained-steady-in-q2-but-declines-are-on-the-horizon/#ftag=RSSbaffb68

https://iotbusinessnews.com/2021/07/09/87342-new-study-reveals-that-iot-adoption-in-the-usa-slows-owing-to-pandemic/

https://www.techrepublic.com/article/video-usage-in-businesses-growing/#ftag=RSS56d97e7

https://www.channelpro.co.uk/news/12223/profitability-dropped-for-it-service-providers-in-2020-globaldata-finds

AND

How does a media diet matter?

https://thenextweb.com/news/social-media-search-provides-more-diverse-news-diet-study-finds-filter-bubbles/

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon: https://patreon.com/mspradio/

Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on:

Facebook: https://www.facebook.com/mspradionews/

Twitter: https://twitter.com/mspradionews/

Instagram: https://www.instagram.com/mspradio/

LinkedIn: https://www.linkedin.com/company/28908079/

About Business of Tech: The daily MSP news and analysis podcast for managed service providers and IT services leaders. Host Dave Sobel covers AI for MSPs, MSP pricing and profitability, MSP M&A and private equity, vendor partner programs, MSP cybersecurity and liability, and MSP operations — and answers the question every story raises: Why do we care? Produced by MSP Radio.

MSP Radio is supported by our partners:

ABC Solutions · CometBackup · Firetail · HaloPSA · LogMeIn · Mailprotector · Pax8 · Rythmz · ScalePad · TimeZest · Transit AI

Supporting the IT services community through insights, analysis, and transparency.

Get exclusive access to investigative reports, vendor analysis, leadership briefings, and more.

👉 https://businessof.tech/plus

Want the show on your favorite podcast app or prefer the written versions of each story?

📲 https://www.businessof.tech/subscribe

Looking for the links from today’s stories?

Every episode script — with full source links — is posted at:

🌐 https://www.businessof.tech

Pitch your story or appear on Business of Tech: Daily MSP News & IT Services Analysis

💬 https://www.podmatch.com/hostdetailpreview/businessoftech

LinkedIn: https://www.linkedin.com/company/28908079

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Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Two things to know today

IT Provider profit data isn’t great, and so let’s consider the market

 https://www.zdnet.com/article/the-global-shortage-of-chips-is-threatening-the-economic-recovery/#ftag=RSSbaffb68

https://www.zdnet.com/article/global-pc-shipments-remained-steady-in-q2-but-declines-are-on-the-horizon/#ftag=RSSbaffb68

https://iotbusinessnews.com/2021/07/09/87342-new-study-reveals-that-iot-adoption-in-the-usa-slows-owing-to-pandemic/

https://www.techrepublic.com/article/video-usage-in-businesses-growing/#ftag=RSS56d97e7

https://www.channelpro.co.uk/news/12223/profitability-dropped-for-it-service-providers-in-2020-globaldata-finds

AND

How does a media diet matter?

https://thenextweb.com/news/social-media-search-provides-more-diverse-news-diet-study-finds-filter-bubbles/

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon:  https://patreon.com/mspradio/

Want our stuff?  Cool Merch?  Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on:

Facebook: https://www.facebook.com/mspradionews/

Twitter: https://twitter.com/mspradionews/

Instagram: https://www.instagram.com/mspradio/

LinkedIn: https://www.linkedin.com/company/28908079/

Two things to know today

Kaseya’s employees reported security issues prior

https://www.bleepingcomputer.com/news/security/biden-asks-putin-to-crack-down-on-russian-based-ransomware-gangs/

https://www.cisa.gov/sites/default/files/publications/FY20_RVAs_Mapped_to_the_MITRE_ATTCK_Framework_508_corrected.pdf?mc_cid=f8f5f94c37&mc_eid=cf761c66e7

https://www.bleepingcomputer.com/news/security/kaseya-patches-vsa-vulnerabilities-used-in-revil-ransomware-attack/

https://www.arnnet.com.au/article/689689/6-year-old-kaseya-vulnerability-surfaces-amid-vsa-supply-chain-attack/

https://www.engadget.com/kaseya-warned-of-security-flaws-before-ransomware-210226358.html

https://www.zdnet.com/article/ransomware-as-a-service-negotiators-between-hackers-and-victims-are-now-in-high-demand/#ftag=RSSbaffb68

https://www.securityweek.com/solarwinds-confirms-new-zero-day-flaw-under-attack

https://www.reuters.com/world/china/china-widens-clampdown-overseas-listings-with-pre-ipo-review-firms-with-large-2021-07-10/?mc_cid=f8f5f94c37&mc_eid=cf761c66e7

https://therecord.media/microsoft-awarded-13-6-million-to-security-researchers-in-the-past-12-months/

https://techcrunch.com/2021/07/09/this-crowdsourced-payments-tracker-wants-to-solve-the-ransomware-visibility-problem/

https://www.wsj.com/articles/new-york-city-opens-cyberattack-defense-center-11625778530?mod=djemalertNEWS

https://www.techrepublic.com/article/warning-1-in-3-employees-are-likely-to-fall-for-a-phishing-scam/#ftag=RSS56d97e7

AND

Biden’s EO: Big tech pushback creates opportunities for smaller companies

https://www.geekwire.com/2021/new-presidential-order-will-push-net-neutrality-limit-large-mergers-restrict-non-compete-clauses/

https://www.theverge.com/2021/7/9/22570567/biden-net-neutrality-competition-eo

https://9to5mac.com/2021/07/09/president-biden-executive-order-competition/

About Business of Tech: The daily MSP news and analysis podcast for managed service providers and IT services leaders. Host Dave Sobel covers AI for MSPs, MSP pricing and profitability, MSP M&A and private equity, vendor partner programs, MSP cybersecurity and liability, and MSP operations — and answers the question every story raises: Why do we care? Produced by MSP Radio.

MSP Radio is supported by our partners:

ABC Solutions · CometBackup · Firetail · HaloPSA · LogMeIn · Mailprotector · Pax8 · Rythmz · ScalePad · TimeZest · Transit AI

Supporting the IT services community through insights, analysis, and transparency.

Get exclusive access to investigative reports, vendor analysis, leadership briefings, and more.

👉 https://businessof.tech/plus

Want the show on your favorite podcast app or prefer the written versions of each story?

📲 https://www.businessof.tech/subscribe

Looking for the links from today’s stories?

Every episode script — with full source links — is posted at:

🌐 https://www.businessof.tech

Pitch your story or appear on Business of Tech: Daily MSP News & IT Services Analysis

💬 https://www.podmatch.com/hostdetailpreview/businessoftech

LinkedIn: https://www.linkedin.com/company/28908079

YouTube: https://youtube.com/mspradio

Bluesky: https://bsky.app/profile/businessof.tech

Instagram: https://www.instagram.com/mspradio

TikTok: https://www.tiktok.com/@businessoftech

Facebook: https://www.facebook.com/mspradionews

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Two things to know today

Kaseya’s employees reported security issues prior

https://www.bleepingcomputer.com/news/security/biden-asks-putin-to-crack-down-on-russian-based-ransomware-gangs/

https://www.cisa.gov/sites/default/files/publications/FY20_RVAs_Mapped_to_the_MITRE_ATTCK_Framework_508_corrected.pdf?mc_cid=f8f5f94c37&mc_eid=cf761c66e7

https://www.bleepingcomputer.com/news/security/kaseya-patches-vsa-vulnerabilities-used-in-revil-ransomware-attack/

https://www.arnnet.com.au/article/689689/6-year-old-kaseya-vulnerability-surfaces-amid-vsa-supply-chain-attack/

https://www.engadget.com/kaseya-warned-of-security-flaws-before-ransomware-210226358.html

https://www.zdnet.com/article/ransomware-as-a-service-negotiators-between-hackers-and-victims-are-now-in-high-demand/#ftag=RSSbaffb68

https://www.securityweek.com/solarwinds-confirms-new-zero-day-flaw-under-attack

https://www.reuters.com/world/china/china-widens-clampdown-overseas-listings-with-pre-ipo-review-firms-with-large-2021-07-10/?mc_cid=f8f5f94c37&mc_eid=cf761c66e7

https://therecord.media/microsoft-awarded-13-6-million-to-security-researchers-in-the-past-12-months/

https://techcrunch.com/2021/07/09/this-crowdsourced-payments-tracker-wants-to-solve-the-ransomware-visibility-problem/

https://www.wsj.com/articles/new-york-city-opens-cyberattack-defense-center-11625778530?mod=djemalertNEWS

https://www.techrepublic.com/article/warning-1-in-3-employees-are-likely-to-fall-for-a-phishing-scam/#ftag=RSS56d97e7

AND

Biden’s EO: Big tech pushback creates opportunities for smaller companies

https://www.geekwire.com/2021/new-presidential-order-will-push-net-neutrality-limit-large-mergers-restrict-non-compete-clauses/

https://www.theverge.com/2021/7/9/22570567/biden-net-neutrality-competition-eo

https://9to5mac.com/2021/07/09/president-biden-executive-order-competition/

https://www.zdnet.com/article/colorado-becomes-latest-state-to-pass-data-privacy-law/#ftag=RSSbaffb68

https://www.theverge.com/2021/7/8/22568454/broadband-minimum-speeds-small-businesses

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon:  https://patreon.com/mspradio/

Want our stuff?  Cool Merch?  Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on:

Facebook: https://www.facebook.com/mspradionews/

Twitter: https://twitter.com/mspradionews/

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LinkedIn: https://www.linkedin.com/company/28908079/

Kaseya was hit by the REvil gang.

Now IT services companies are asking... what now? What do we do next? To do that, let's examine the history of these products, listen to the vendor in their own words, look at the current landscape, and examine what we can do.

Sources:

CISA: https://us-cert.cisa.gov/ncas/alerts/TA18-276B/

Kaseya Breach 1: https://www.esentire.com/security-advisories/kaseya-virtual-system-administrator/

ConnectWise & Kaseya: https://www.zdnet.com/article/gandcrab-ransomware-gang-infects-customers-of-remote-it-support-firms/

ConnectWise 1: https://www.crn.com/news/security/connectwise-tool-used-as-entry-point-in-texas-ransomware-attack/

ConnectWise 2: https://www.crn.com/news/security/connectwise-tool-used-as-entry-point-in-texas-ransomware-attack/

ConnectWise 3: https://www.zdnet.com/article/connectwise-warns-of-ongoing-ransomware-attacks-targeting-its-customers/

Ninja: https://www.crn.com/news/channel-programs/ninjarmm-partner-used-to-seed-ransomware/

ProPublica: https://www.propublica.org/article/the-new-target-that-enables-ransomware-hackers-to-paralyze-dozens-of-towns-and-businesses-at-once/

Huntress Guide: https://www.youtube.com/watch?v=WRnXzHfpMWs/

Gavin Stone: https://www.gavsto.com/how-secure-is-your-rmm-and-what-can-you-do-to-better-secure-it/

Kaseya Statement: https://www.youtube.com/watch?v=XfAyutRfy2A/

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon: https://patreon.com/mspradio/

Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on: Facebook: https://www.facebook.com/mspradionews/ Twitter: https://twitter.com/mspradionews/ Instagram: https://www.instagram.com/mspradio/ LinkedIn: https://www.linkedin.com/company/28908079/

Subscribe and click the notification bell to get all the latest videos.

About Business of Tech: The daily MSP news and analysis podcast for managed service providers and IT services leaders. Host Dave Sobel covers AI for MSPs, MSP pricing and profitability, MSP M&A and private equity, vendor partner programs, MSP cybersecurity and liability, and MSP operations — and answers the question every story raises: Why do we care? Produced by MSP Radio.

MSP Radio is supported by our partners:

ABC Solutions · CometBackup · Firetail · HaloPSA · LogMeIn · Mailprotector · Pax8 · Rythmz · ScalePad · TimeZest · Transit AI

Supporting the IT services community through insights, analysis, and transparency.

Get exclusive access to investigative reports, vendor analysis, leadership briefings, and more.

👉 https://businessof.tech/plus

Want the show on your favorite podcast app or prefer the written versions of each story?

📲 https://www.businessof.tech/subscribe

Looking for the links from today’s stories?

Every episode script — with full source links — is posted at:

🌐 https://www.businessof.tech

Pitch your story or appear on Business of Tech: Daily MSP News & IT Services Analysis

💬 https://www.podmatch.com/hostdetailpreview/businessoftech

LinkedIn: https://www.linkedin.com/company/28908079

YouTube: https://youtube.com/mspradio

Bluesky: https://bsky.app/profile/businessof.tech

Instagram: https://www.instagram.com/mspradio

TikTok: https://www.tiktok.com/@businessoftech

Facebook: https://www.facebook.com/mspradionews

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kaseya was hit by the REvil gang.

Now IT services companies are asking... what now? What do we do next? To do that, let's examine the history of these products, listen to the vendor in their own words, look at the current landscape, and examine what we can do.

Sources:

CISA: https://us-cert.cisa.gov/ncas/alerts/TA18-276B/

Kaseya Breach 1: https://www.esentire.com/security-advisories/kaseya-virtual-system-administrator/

ConnectWise & Kaseya: https://www.zdnet.com/article/gandcrab-ransomware-gang-infects-customers-of-remote-it-support-firms/

ConnectWise 1: https://www.crn.com/news/security/connectwise-tool-used-as-entry-point-in-texas-ransomware-attack/

ConnectWise 2: https://www.crn.com/news/security/connectwise-tool-used-as-entry-point-in-texas-ransomware-attack/

ConnectWise 3: https://www.zdnet.com/article/connectwise-warns-of-ongoing-ransomware-attacks-targeting-its-customers/

Ninja: https://www.crn.com/news/channel-programs/ninjarmm-partner-used-to-seed-ransomware/

ProPublica:
https://www.propublica.org/article/the-new-target-that-enables-ransomware-hackers-to-paralyze-dozens-of-towns-and-businesses-at-once/

Huntress Guide: https://www.youtube.com/watch?v=WRnXzHfpMWs/

Gavin Stone: https://www.gavsto.com/how-secure-is-your-rmm-and-what-can-you-do-to-better-secure-it/

Kaseya Statement: https://www.youtube.com/watch?v=XfAyutRfy2A/

Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/

Support the show on Patreon: https://patreon.com/mspradio/

Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio

Follow us on:
Facebook: https://www.facebook.com/mspradionews/
Twitter: https://twitter.com/mspradionews/
Instagram: https://www.instagram.com/mspradio/
LinkedIn: https://www.linkedin.com/company/28908079/

Subscribe and click the notification bell to get all the latest videos.

Three things to know today

Record low layoffs and big plans to hire

https://www.axios.com/newsletters/axios-closer-ec6175e6-ce10-4da8-9ed5-669b31c0006b.html?chunk=0&utm_term=emshare#story0

https://www.techrepublic.com/article/77-of-executives-plan-to-hire-in-the-months-ahead-according-to-a-new-poll/#ftag=RSS56d97e7

https://www.techrepublic.com/article/software-and-it-services-hiring-is-surging-as-workers-move-to-these-cities-en-masse/#ftag=RSS56d97e7

Right to repair may come federally

https://www.bloomberg.com/news/articles/2021-07-06/biden-wants-farmers-to-have-right-to-repair-own-equipment-kqs66nov

https://www.cnbc.com/2021/07/07/states-bring-new-antitrust-suit-against-google-over-google-play.html?mc_cid=504a01bc09&mc_eid=70cbbe1cdc

https://www.axios.com/newsletters/axios-login-6e19d042-bbb3-40ec-9f03-b3207ffd3467.html?chunk=0&utm_term=emshare#story0

https://www.newsweek.com/amid-calls-defund-police-departments-struggle-finance-cybersecurity-1607654

AND

Is cloud PC coming next week?

https://www.zdnet.com/article/here-comes-microsofts-cloud-pc-virtualization-service/#ftag=RSSbaffb68

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