Business of Tech: Daily MSP News & IT Services Analysis

Two things to know today

It was a weekend of ransomware….

https://www.bleepingcomputer.com/news/security/darkside-ransomware-servers-reportedly-seized-operation-shuts-down/

https://www.bleepingcomputer.com/news/security/chemical-distributor-pays-44-million-to-darkside-ransomware/

https://www.elliptic.co/blog/elliptic-follows-bitcoin-ransoms-paid-by-darkside-ransomware-victims

https://www.itnews.com.au/news/more-ransomware-websites-disappear-in-aftermath-of-colonial-pipeline-hack-564646

https://www.bleepingcomputer.com/news/security/darkside-ransomware-servers-reportedly-seized-operation-shuts-down/

https://www.itnews.com.au/news/toshiba-unit-hacked-by-darkside-564603

https://www.msspalert.com/cybersecurity-breaches-and-attacks/ransomware/darkside-hits-it-services-provider/

https://www.bleepingcomputer.com/news/security/ireland-s-health-services-hit-with-20-million-ransomware-demand/

https://www.bleepingcomputer.com/news/security/irish-healthcare-shuts-down-it-systems-after-conti-ransomware-attack/

https://www.bleepingcomputer.com/news/security/qnap-warns-of-ech0raix-ransomware-attacks-roon-server-zero-day/

https://www.bleepingcomputer.com/news/security/insurer-axa-hit-by-ransomware-after-dropping-support-for-ransom-payments/

https://www.bleepingcomputer.com/news/security/ransomware-ads-now-also-banned-on-exploit-cybercrime-forum/

https://www.bleepingcomputer.com/news/security/popular-russian-hacking-forum-xss-bans-all-ransomware-topics/

https://www.reinsurancene.ws/pipeline-cyber-attack-not-surprising-says-swiss-res-mumenthaler/

https://www.bleepingcomputer.com/news/security/meet-lorenz-a-new-ransomware-gang-targeting-the-enterprise/

AND

… and movement on controlling it.

https://www.nextgov.com/cybersecurity/2021/05/cyber-response-bill-advances-senate/174023/

https://ww

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An interview with Bill Durrant, author of Digital Stone Age, about the tension between digital and traditional marketing.

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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.

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An interview with Bill Durrant, author of Digital Stone Age, about the tension between digital and traditional marketing.

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

Tech sentiment continues to fall

https://www.axios.com/newsletters/axios-login-464635a3-739e-4411-ab95-e1e697e27870.html?chunk=0&utm_term=emshare#story0

https://www.axios.com/brands-politics-patagonia-trump-mypillow-4391077e-f74e-4b97-a509-384730349aae.html

https://www.computerweekly.com/news/252500654/CISOs-weathered-the-pandemic-well-but-at-personal-cost

https://www.zdnet.com/article/5g-smartphones-have-arrived-but-for-many-the-reason-to-upgrade-is-still-missing/

The FTC says right to repair is the way to go

https://www.ifixit.com/News/50251/ftc-report-congress-nixing-fix-repair-restrictions-reactions

https://twitter.com/FTC/status/1390416007013994501

AND

JEDI may be ending with no winners

https://mailchi.mp/protocol/protocol-enterprise-the-last-jedi?e=4c3f42bb43

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/

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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?

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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

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Three things to know today

Tech sentiment continues to fall

https://www.axios.com/newsletters/axios-login-464635a3-739e-4411-ab95-e1e697e27870.html?chunk=0&utm_term=emshare#story0

https://www.axios.com/brands-politics-patagonia-trump-mypillow-4391077e-f74e-4b97-a509-384730349aae.html

https://www.computerweekly.com/news/252500654/CISOs-weathered-the-pandemic-well-but-at-personal-cost

https://www.zdnet.com/article/5g-smartphones-have-arrived-but-for-many-the-reason-to-upgrade-is-still-missing/

The FTC says right to repair is the way to go

https://www.ifixit.com/News/50251/ftc-report-congress-nixing-fix-repair-restrictions-reactions

https://twitter.com/FTC/status/1390416007013994501

AND

JEDI may be ending with no winners

https://mailchi.mp/protocol/protocol-enterprise-the-last-jedi?e=4c3f42bb43

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/

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Two things to know today

Colonial Pipeline fallout becomes clear

https://www.nbcnews.com/tech/security/colonial-announces-pipeline-restart-says-normal-service-will-take-seve-rcna917

https://www.cnbc.com/2021/05/12/mark-warner-colonial-pipeline-mandatory-reporting.html

https://www.msspalert.com/cybersecurity-markets/americas/president-biden-executive-order/?utm_medium=email&utm_source=sendpress&utm_campaign

https://www.bloomberg.com/news/articles/2021-05-13/colonial-pipeline-paid-hackers-nearly-5-million-in-ransom

AND

What the UK’s cyber experts are saying, and why everyone should care.

https://www.reuters.com/technology/uk-unveils-law-fine-social-media-firms-which-fail-remove-online-abuse-2021-05-11/

https://www.computerweekly.com/news/252500572/Government-to-reform-Computer-Misuse-Act

https://www.computerweekly.com/news/252500582/NCSC-cyber-guidance-targets-cloud-and-home-working

https://www.computerweekly.com/news/252500588/UK-Plc-invited-to-sign-up-for-Early-Warning-of-cyber-incidents

https://techcrunch.com/2021/05/12/uk-publishes-draft-online-safety-bill/

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

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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.

Two things to know today

Colonial Pipeline fallout becomes clear

https://www.nbcnews.com/tech/security/colonial-announces-pipeline-restart-says-normal-service-will-take-seve-rcna917

https://www.cnbc.com/2021/05/12/mark-warner-colonial-pipeline-mandatory-reporting.html

https://www.msspalert.com/cybersecurity-markets/americas/president-biden-executive-order/?utm_medium=email&utm_source=sendpress&utm_campaign

https://www.bloomberg.com/news/articles/2021-05-13/colonial-pipeline-paid-hackers-nearly-5-million-in-ransom

AND

What the UK’s cyber experts are saying, and why everyone should care.

https://www.reuters.com/technology/uk-unveils-law-fine-social-media-firms-which-fail-remove-online-abuse-2021-05-11/

https://www.computerweekly.com/news/252500572/Government-to-reform-Computer-Misuse-Act

https://www.computerweekly.com/news/252500582/NCSC-cyber-guidance-targets-cloud-and-home-working

https://www.computerweekly.com/news/252500588/UK-Plc-invited-to-sign-up-for-Early-Warning-of-cyber-incidents

https://techcrunch.com/2021/05/12/uk-publishes-draft-online-safety-bill/

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

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Three things to know today:

Ransomware consequences

https://www.washingtonpost.com/transportation/2021/05/11/virginia-pipeline-gasoline/

https://www.cyberscoop.com/colonial-pipeline-senate-homeland-solarwinds/

https://www.nextgov.com/cybersecurity/2021/05/senators-cite-colonial-pipeline-hack-calling-cyber-response-and-recovery-fund/173966/

https://www.washingtonpost.com/local/public-safety/ransomware-attack-dc-police/2021/05/11/e1cb8600-b295-11eb-ab43-bebddc5a0f65_story.html

https://www.bleepingcomputer.com/news/security/ransomware-gang-leaks-data-from-metropolitan-police-department/

https://www.zdnet.com/article/axa-pledges-to-stop-reimbursing-ransom-payments-for-french-ransomware-victims/

https://www.wilm-tv.com/nc-lawmakers-seek-to-ban-paying-ransom-to-hackers/

https://www.crn.com/news/security/solarwinds-execs-earned-65m-in-2020-despite-huge-hack

Massive WiFi Design Flaw Exposed

https://www.bleepingcomputer.com/news/security/all-wi-fi-devices-impacted-by-new-fragattacks-vulnerabilities/

AND

Broadband investments rollout, plus new data on the actual map

https://www.theverge.com/22418074/broadband-gap-america-map-county-microsoft-data

https://www.theverge.com/2021/5/6/22422818/net-neutrality-rollback-ajit-pai-telecom-broadband-new-york-attorney-general

https://mashable.com/article/net-neutrality-fake-comments-isps-fraud/?mc_cid=7d7a128df3&mc_eid=70cbbe1cdc

https://www.cnet.com/home/internet/fcc-approves-7b-broadband-connectivity-fund/

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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LinkedIn:

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?

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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

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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:

Ransomware consequences

https://www.washingtonpost.com/transportation/2021/05/11/virginia-pipeline-gasoline/

https://www.cyberscoop.com/colonial-pipeline-senate-homeland-solarwinds/

https://www.nextgov.com/cybersecurity/2021/05/senators-cite-colonial-pipeline-hack-calling-cyber-response-and-recovery-fund/173966/

https://www.washingtonpost.com/local/public-safety/ransomware-attack-dc-police/2021/05/11/e1cb8600-b295-11eb-ab43-bebddc5a0f65_story.html

https://www.bleepingcomputer.com/news/security/ransomware-gang-leaks-data-from-metropolitan-police-department/

https://www.zdnet.com/article/axa-pledges-to-stop-reimbursing-ransom-payments-for-french-ransomware-victims/

https://www.wilm-tv.com/nc-lawmakers-seek-to-ban-paying-ransom-to-hackers/

https://www.crn.com/news/security/solarwinds-execs-earned-65m-in-2020-despite-huge-hack

Massive WiFi Design Flaw Exposed

https://www.bleepingcomputer.com/news/security/all-wi-fi-devices-impacted-by-new-fragattacks-vulnerabilities/

AND

Broadband investments rollout, plus new data on the actual map

https://www.theverge.com/22418074/broadband-gap-america-map-county-microsoft-data

https://www.theverge.com/2021/5/6/22422818/net-neutrality-rollback-ajit-pai-telecom-broadband-new-york-attorney-general

https://mashable.com/article/net-neutrality-fake-comments-isps-fraud/?mc_cid=7d7a128df3&mc_eid=70cbbe1cdc

https://www.cnet.com/home/internet/fcc-approves-7b-broadband-connectivity-fund/

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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🌐 https://www.businessof.tech

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One thing to focus on today, jobs.

• New jobs data from the fed,
• Changes to jobs

AND

• New research around Work from Home

https://www.channelfutures.com/business-models/tech-industry-employment-bucks-aprils-lower-than-expected-job-numbers

https://www.ciodive.com/news/tech-jobs-2021-BLS-comptia/599822/

https://www.washingtonpost.com/business/2021/05/07/jobs-report-labor-shortage-analysis/

https://www.washingtonpost.com/business/2021/05/10/economy-inflation-prices/

https://www.economist.com/finance-and-economics/2021/04/29/why-are-american-workers-becoming-harder-to-find

https://www.axios.com/newsletters/axios-future-49cfca9c-a45e-457e-afb4-234b44861701.html?chunk=1&utm_term=emshare#story1

https://bfi.uchicago.edu/wp-content/uploads/2021/05/BFI_WP_2021-56.pdf

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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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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