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Cybersecurity in the EU: The NIS2 Directive

Navigating the evolving landscape of network and information security is a pivotal concern in the current era. As technology becomes more complex, the need for comprehensive policies and regulations to safeguard critical infrastructure and digital services becomes ever more apparent. One such initiative set to drastically alter the cyber landscape is the NIS2 Directive.

 

What is the NIS2 Directive for cybersecurity?

The NIS2 Directive, or Network and Information Security Directive 2, is EU-wide legislation on cybersecurity. It was introduced as a robust step forward to heighten the overall level of cybersecurity within the European Union. The NIS2 Directive came into force in 2023 with the goal to modernize the existing legal framework of the original NIS Directive that was introduced in 2016.

This update came in response to the escalated digitization and evolving threat landscape.

The NIS2 Directive expands its coverage beyond the initial realm. It extends the cybersecurity rules to new sectors and entities. It is designed to reinforce the resilience and incident response capacities of public and private entities. It achieves this by fostering Member States’ preparedness and promoting cooperation among them.

For instance, it mandates that Member States be suitably equipped. This includes a Computer Security Incident Response Team (CSIRT) and a competent national network and information systems (NIS) authority.

What are the main goals behind NIS2?

The NIS2 Directive’s primary objective is to promote robust cybersecurity across the EU. This includes safeguarding vital sectors from cyber threats and boosting trust in important services.

It does this by:

  • Establishing a standardized level of cybersecurity protection measures across all EU member states.

  • Clearly identifying and regulating the sectors affected by the directive.

  • Expanding cyber security measures and tightening incident reporting rules.

  • Improving the cooperation and coordination among member states in handling cyber threats.

The aim of NIS2 is to establish a standardized level of protection across all EU member states. It clearly identifies affected sectors and minimum security requirements and unifies reporting obligations. It also introduces enforcement measures and sanctions. These efforts aim to protect critical infrastructure and EU citizens from cyberattacks.

One major improvement of NIS2 over its predecessor NIS 1 is its specific scope. Sectors affected include manufacturing, food, courier services, space, and digital infrastructure. Medium and large organizations operating within these sectors fall under the NIS2 scope.

NIS2 distinguishes between “essential” and “important” entities. Both types must comply with the same security measures. However, “essential” entities are under proactive supervision.

Changes include strengthened security requirements, enhanced enforcement, stricter incident reporting, and improved cooperation. It has rules for risk management, cybersecurity training, crisis management, and data encryption. It aims to eliminate the flexibility that led to vulnerabilities under the original NIS.

Incident reporting now has new mandatory stricter timeframes, with an initial report required within 24 hours of a cybersecurity issue. This enables authorities to respond better to potential threats. Moreover, NIS2 fosters cooperation and communication between member states. It does this by establishing a European Cyber Crisis Liaison Organization Network. This makes network security a collective effort.

How does the NIS2 Directive impact business?

The NIS2 Directive’s wider scope brings a broader range of businesses under its ambit. It particularly affects those providing critical infrastructure within the EU.

As such, it’s crucial for these entities to understand what the directive entails. You may need to prepare for enhanced risk management and incident reporting requirements.

One of the key areas for businesses to address under the NIS2 Directive is the security of network and information systems.

To meet the requirements of the directive, businesses are expected to establish a robust cybersecurity-risk management program. This program should include technical and organizational measures including authentication, authorization, encryption, and consistent monitoring for the security of network, information systems, and APIs.

Key steps to building a comprehensive network and information security program might include:

  • Conducting a comprehensive cybersecurity risk assessment. This should help identify any risks posed to your network, information systems, and APIs.

  • Implementing appropriate measures to manage identified risks. Key measures might include authentication, authorization, encryption, and consistent monitoring of your network and information systems.

  • Developing robust incident reporting mechanisms. You should establish systems that can detect and report security incidents related to your network and information systems.

  • Ensuring compliance with relevant regulations and standards. In addition to the NIS2 Directive, businesses should ensure they are compliant with other applicable regulations like the GDPR and other pertinent data protection laws.

  • Training and awareness. Finally, companies should educate their employees, contractors, and third-party providers about network and information system security practices. This could cover secure coding practices, secure deployment practices, and incident response procedures.

By focusing on these aspects, businesses can ensure that they are prepared for the NIS2 Directive. They can adequately protect their networks and systems from potential cyber threats. In addition, they will be better positioned to demonstrate their compliance to national cybersecurity authorities, thereby enhancing trust in their services or critical infrastructure.

Which sectors are affected by NIS2?

NIS2 Directive Affected Sectors

The NIS2 Directive expands its reach beyond the original NIS Directive, encompassing a broader range of sectors.

These include essential service operators in areas such as:

  • Energy

  • Transport

  • Banking

  • Healthcare

  • Digital service providers like online marketplaces, social networking platforms, and search engines

  • Research

  • ICT-Service management

  • Space

  • Entities providing domain name registration services

Businesses in these sectors must adhere to the regulations and requirements set forth by the NIS2 Directive.

When does NIS2 come into force?

The Member States have been given a window of 21 months until October 17, 2024, to transpose the measures outlined in the NIS2 Directive into national law.

The implication is clear: Businesses must prepare and adapt to the new network and information security landscape.

New Cybersecurity Directives – the CER Directive

Beyond the NIS2 Directive, another noteworthy legislation is the European Directive for Critical Entities Resilience (CER). The main difference between NIS2 and CER is that NIS2 is focused on cybersecurity, and CER is focused on physical security from natural disasters, floods, fires, etc.

The CER Directive replaces the European Critical Infrastructure Directive of 2008. It introduces stronger rules to enhance critical infrastructure against threats, including natural hazards, terrorist attacks, insider threats, and sabotage.

The CER Directive entered into force on January 16, 2023. Member States have until October 17, 2024, to transpose the requirements of the CER Directive into national law. By this date, each Member State is required to adopt and publish the measures necessary to comply with the directive. They must apply those measures from October 18, 2024.

Under the CER Directive, Member States must develop a strategy for enhancing the resilience of critical entities by January 17, 2026. This strategy aims to strengthen the ability of critical entities to prepare for, cope with, protect against, respond to, and recover from incidents that could disrupt the provision of essential services.

The CER Directive covers eleven sectors: energy, transport, banking, financial market infrastructures, health, drinking water, wastewater, digital infrastructure, public administration, space, and food. Member States are required to adopt a national strategy and conduct regular risk assessments.

The bottom line

The NIS2 Directive is poised to become a vital framework for cybersecurity in the EU. Businesses that fall under its scope must install rigorous technical, operational and organizational measures.

The deadline for national adoption of the directive is looming. Businesses must begin preparing to meet the NIS2 requirements.

In the context of the need for compliance with NIS2 regulations, NordPass offers valuable support as a password manager. Its features are designed to enhance your organization’s password security.

One key feature is the encrypted password vault. This securely stores all work-related passwords and information using the secure XChaCha20 encryption. NordPass’s zero-knowledge architecture ensures only authorized users can access the data.

NordPass also provides a password generator. It allows you to easily create strong and unique passwords that are resistant to guessing or brute-force attacks. The password health feature helps you assess the strength and security of your passwords. Identify any weaknesses or instances of password reuse that may put your accounts at risk.

Additionally, NordPass includes a data breach scanner. Automatically detect if any of your company’s domains or emails have been compromised in data breaches. This enables you to take immediate action to mitigate potential risks and protect your accounts. The password policy feature allows you to establish a robust password policy at the administrative level.

The activity log feature of NordPass provides transparency and accountability. This helps you maintain control over your company’s logins. Multi-factor authentication adds a layer of security, reducing the risk of unauthorized access.

These features help businesses enhance their password security and compliance with NIS2 regulations. This helps contribute to a more secure and resilient digital environment.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

2024 Twingate competitors and alternatives

As cyber threats grow more advanced and frequent, protecting sensitive data and ensuring secure remote access are top priorities. Reports show that cyber-attacks are increasing in complexity and number, a trend that shows no signs of slowing down.

IT administrators face challenges such as budget constraints, the need for easy-to-use solutions, scalable systems, and reliable customer support. To address these issues, many companies offer solutions that replace or improve traditional VPNs with more secure options.

This article compares various remote access solutions, highlighting their features, strengths, and drawbacks, with a focus on ease of use, scalability, and customer satisfaction.

Disclaimer: This article is based on third-party reviews and open-source online information accessed between June 6 and 10, 2024. NordLayer is not responsible for data accuracy, as competitor information is subject to change. The competitor information was gathered through manual research, including feature comparisons and product analysis.

Twingate overview

Twingate is a remote access solution that focuses on a Zero Trust model. It allows organizations to secure access to private apps, sensitive data, and environments both on-premise and in the cloud. Twingate aims to replace traditional VPNs with a simpler and more secure alternative that fits today’s work-from-anywhere needs.

Twingate capabilities

  1. Provides Zero Trust Network Access (ZTNA) tools to authenticate every user and device before granting network access.

  2. Supports clients on Android, iOS, Linux, macOS, and Windows.

  3. Connects up to 100 local networks, depending on the plan.

Strengths of Twingate

  1. Offers ease of use through a simple setup.

  2. Ensures security by providing encrypted user access.

  3. Provides flexibility by allowing detailed control over access management and network routes.

Limitations of Twingate

  1. Needs better organization and more features in the admin interface for improved usability.

  2. Offers a limited set of features and integrations that may not meet advanced needs.

  3. Lower plans lack support; only enterprise offers priority.

  4. Focuses on ZTNA; may not cover long-term, complex needs.

  5. Full tunnel support is still under development, which may limit functionality.

  6. Does not offer separate VPN subnets.

Disclaimer: This review is based on information from VPN review sites such as Gartner, Capterra, and G2, along with user feedback from Reddit and TrustRadius, accessed on June 6, 2024.

Now, let’s look at Twingate alternatives.

1. NordLayer

Overview of NordLayer

NordLayer is a network protection tool developed by Nord Security, the creators of NordVPN. It helps businesses work safely and flexibly by using Secure Service Edge (SSE) and Zero-Trust frameworks. It integrates with Azure AD, Okta, Google Cloud, OneLogin, and Amazon AWS.

NordLayer capabilities

NordLayer secures network connections for businesses. It creates safe connections to the internet, company networks, and cloud resources, supporting compliance and flexible working.

  1. Zero Trust Network Access. Provides secure access by verifying each user and device.

  2. Secure internet access. Protects employees who travel by securing remote access through public Wi-Fi. It blocks threats, allows geo-specific content, and ensures privacy.

  3. Network and resource access management. Manages access to company resources, connects remote devices, and supports hybrid resources.

  4. Achieving compliance. Monitors VPN activity, manages user access and encrypts data from untrusted networks.

  5. Integration with identity providers. Works seamlessly with existing identity provider systems.

  6. Scalability. Supports unlimited users and adapts to different business needs.

Strengths of NordLayer

The NordLayer website states that the solution is easy to use, offers powerful security features, and works efficiently.

  1. Modern network security. Developed with NordVPN’s standards for today’s businesses.

  2. Easy integration. Installs quickly with existing systems without extra hardware, and scales easily.

  3. Robust SSE framework. Combines ZTNA, SWG, and FWaaS into a powerful cloud-native service.

  4. High server speeds. Provides strong connections with fast loading speeds, up to 1Gbps.

  5. Quantum-safe encryption. Uses AES-256 and Chacha20 technologies for top-level security.

  6. Seamless integration. Works with identity providers like Google Workspace, Okta, Entra ID (Azure AD), JumpCloud, and OneLogin.

  7. 24/7 support. Offers round-the-clock assistance and dedicated account management.

  8. Unique technologies. Includes NordLynx, browser extension, and Smart Remote Access for efficiency.

  9. Diverse VPN protocols. Supports OpenVPN (UDP & TCP) and NordLynx for various needs.

  10. Money-back guarantee. Offers a 14-day money-back promise.

NordLayer Gartner review

Uniqueness of NordLayer

NordLayer stands out with unique elements tailored to IT admins who prioritize ease of use and speed. Here’s what makes NordLayer different:

  1. Browser extension. Secures web access easily.

  2. NordLynx VPN protocol. Offers the fastest VPN protocol made by NordLayer.

  3. ThreatBlock. Blocks malicious websites and threats.

NordLayer Gartner review 2

Limitations of NordLayer

  1. Lacks API access for custom integrations.

  2. Does not integrate with SIEM solutions.

  3. Requires a minimum purchase of 5 licenses.

NordLayer provides a comprehensive remote access solution with secure access and flexible network management. It is a strong competitor among Twingate alternatives for securing a remote workforce.

NordLayer reviews

NordLayer receives positive reviews for its Zero Trust Network Access (ZTNA) solutions, Secure Web Gateway (SWG), and Security Service Edge (SSE) capabilities like Cloud Firewall (FWaaS).

NordLayer is rated 4 out of 5 on TechRadar, 4.5 out of 5 on Gartner, which is the most authoritative source for technology reviews and insights, and 4.3 out of 5 on G2, a popular platform for user reviews and ratings of software products.

NordLayer reviews

NordLayer pricing

NordLayer offers several pricing plans. All plans support server speeds up to 1 Gbps, Shared Gateway locations in over 30 countries, and automatic user logout after a set time. Features like ThreatBlock,  Multi-Factor Authentication (MFA), Always On VPN, and Single Sign-On (SSO) are also available for all plans. You can choose from VPN protocols like NordLynx, OpenVPN (UDP), and OpenVPN (TCP). There is also a 60% discount for nonprofit organizations.

NordLayer requires at least 5 users per organization.

NordLayer pricing

2. Harmony SASE (formerly Perimeter 81)

Overview of Harmony SASE

Harmony SASE aims to simplify secure network, cloud, and application access for today’s mobile workforce. Its mission is to transform traditional network security into a unified approach based on the SASE framework.

Harmony SASE capabilities

Harmony SASE provides a variety of capabilities that are important for modern network security and access.

  1. Easy setup and configuration

  2. Reliable customer support

  3. Solid performance and speed

  4. Comprehensive access auditing

Strengths of Harmony SASE

Customers value Harmony SASE for its user-friendly nature.

  1. Simple and adaptable solution

  2. Quick deployment

Limitations of Harmony SASE

Users have expressed concerns about various limitations of Harmony SASE.

  1. Premium feature availability

  2. Customer support data access

  3. Limited country options

  4. Higher cost

Disclaimer: This product review is based on information from VPN review sites such as Gartner, Capterra, and Cybernews, along with customer feedback on these platforms, accessed on June 10, 2024.

3. Tailscale

Overview of Tailscale

Tailscale is a modern VPN service that creates secure private networks using the open-source WireGuard protocol. It forms a distributed mesh network, allowing direct communication between devices.

Tailscale capabilities

Tailscale’s main feature is its mesh network, which allows direct communication between devices.

  1. Mesh network for direct communication between devices

  2. Lightweight encrypted connections created by WireGuard.

  3. Magic DNS provides easy-to-remember domain names for devices in the network.

  4. Access control lists (ACLs) centralize policy management

Strengths of Tailscale

Customers find Tailscale to be a user-friendly solution that offers several benefits.

  1. Ease of use

  2. Scalability

  3. Cost-effective options

Limitations of Tailscale

Users have expressed concerns about issues such as data safety and the Tailscale feature set.

  1. Privacy concerns arise because it logs certain device metadata and is based in Canada, a Five Eyes country.

  2. Limited global reach lacks a global network of servers for geo-unblocking content.

  3. Dependency on third-party authentication requires external identity providers for authentication.

  4. Lack of full VPN features includes missing features like public IP masking and comprehensive geo-unblocking.

Disclaimer: This review is based on information from the Tailscale website; VPN review sites such as Capterra, TechRadar, and vpnMentor; along with user feedback from Reddit, accessed on June 6, 2024.

Choosing the right solution depends on your company’s size and needs. Each Twingate competitor offers different features and capabilities. NordLayer, Harmony SASE, and Tailscale provide secure access for a remote workforce, supporting Zero-Trust Network Access and robust security policies.

Evaluating these Twingate alternatives will help your business ensure secure access, support zero-trust principles, and maintain strong security policies for your remote workforce. Check out the Decision Maker’s Kit, a free tool from the NordLayer team, which helps you build a strategy for selecting the best solution for your organization and guides you through the process from start to finish.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordLayer
NordLayer is an adaptive network access security solution for modern businesses – from the world’s most trusted cybersecurity brand, Nord Security.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

About NordLayer
NordLayer is an adaptive network access security solution for modern businesses – from the world’s most trusted cybersecurity brand, Nord Security.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

The Origin of the Word “Wi-Fi”: A Dive into Tech Etymology

In today’s world, the term “Wi-Fi” is synonymous with wireless internet access. It’s a household name that has become an integral part of our daily lives, enabling seamless connectivity for our devices. However, the origin of WiFi and how it became a ubiquitous term are less well-known and shrouded in a mix of technical history and clever marketing. Let’s delve into the fascinating story behind the word “Wi-Fi.”


The Birth of Wireless Networking

The journey to “Wi-Fi” begins in the late 1990s, a period marked by rapid advancements in technology and the internet. Wireless networking was emerging as a revolutionary concept, promising to untether devices from wired connections and provide unprecedented mobility. The technology underpinning these wireless networks was based on the IEEE 802.11 standard, developed by the Institute of Electrical and Electronics Engineers (IEEE).

Despite its potential, the IEEE 802.11 standard lacked a catchy, consumer-friendly name that could resonate with the general public. This presented a significant marketing challenge. Enter the Wireless Ethernet Compatibility Alliance (WECA), later renamed the Wi-Fi Alliance, an industry group formed to promote and certify the interoperability of wireless local area network (WLAN) products.

 

 The Need for a Catchy Name

The Wi-Fi Alliance recognized the need for a brand that could easily communicate the benefits of wireless networking to consumers. To tackle this challenge, they enlisted the help of Interbrand, a global branding firm. The goal was to create a name that was short, memorable, and indicative of wireless connectivity.

Interbrand’s creative team coined the term “Wi-Fi,” a play on the term “Hi-Fi” (high fidelity), which was well-known in the audio industry for high-quality sound reproduction. By drawing a parallel to “Hi-Fi,” the term “Wi-Fi” suggested a high-quality, wireless experience. Contrary to popular belief, “Wi-Fi” does not stand for “Wireless Fidelity”; it’s simply a catchy, invented term designed to be reminiscent of “Hi-Fi.”

 

The Role of Branding and Marketing

To further solidify the brand, the Wi-Fi Alliance introduced a tagline: “The Standard for Wireless Fidelity.” This tagline was part of a marketing strategy to help consumers understand that Wi-Fi products adhered to strict compatibility and performance standards. Although the tagline implied a longer form for “Wi-Fi,” it was primarily a marketing construct rather than a literal expansion of the term.

The branding effort paid off. “Wi-Fi” quickly gained traction, becoming the de facto term for wireless networking. The simplicity and appeal of the name made it easier for consumers to adopt and remember, contributing significantly to the widespread acceptance and growth of wireless technology.

Portnox zero trust NAC is the only cloud-native, vendor agnostic network access control solution that unifies network authentication, risk mitigation and compliance enforcement. 

Evolution and Impact

Since its inception, Wi-Fi has evolved dramatically. The technology has advanced through multiple generations, from 802.11b to 802.11ax (Wi-Fi 6) and beyond, each iteration offering faster speeds, greater capacity, and improved reliability. The term “Wi-Fi” has remained constant, a testament to the effectiveness of its branding and the pivotal role it plays in modern connectivity.

Today, Wi-Fi is an essential part of our digital infrastructure, enabling everything from home networks and public hotspots to enterprise solutions and the Internet of Things (IoT). The word “Wi-Fi” has transcended its origins to become a symbol of wireless freedom and connectivity.

 

Conclusion

The origin of the word “Wi-Fi” is a blend of technical innovation and strategic branding. Coined by a branding agency to market a complex technology, “Wi-Fi” has become a cornerstone of the modern digital experience. It’s a prime example of how a well-chosen name can capture the essence of a technology and help drive its adoption on a global scale. So next time you connect to a Wi-Fi network, you’ll know the story behind the name that keeps us all connected.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Portnox
Portnox provides simple-to-deploy, operate and maintain network access control, security and visibility solutions. Portnox software can be deployed on-premises, as a cloud-delivered service, or in hybrid mode. It is agentless and vendor-agnostic, allowing organizations to maximize their existing network and cybersecurity investments. Hundreds of enterprises around the world rely on Portnox for network visibility, cybersecurity policy enforcement and regulatory compliance. The company has been recognized for its innovations by Info Security Products Guide, Cyber Security Excellence Awards, IoT Innovator Awards, Computing Security Awards, Best of Interop ITX and Cyber Defense Magazine. Portnox has offices in the U.S., Europe and Asia. For information visit http://www.portnox.com, and follow us on Twitter and LinkedIn.。

Guardz Expands into Canada, Partners with iON United, to Secure Small & Medium Businesses

We are thrilled to announce a major milestone for Guardz as we expand our presence into the Canadian market through an exclusive partnership with iON United Inc. (iON), one of Canada’s leading cybersecurity solutions providers. This collaboration is not just a strategic move; it’s a leap forward in our mission to empower small and medium-sized businesses (SMBs) with top-tier cybersecurity solutions.

Guardz and iON: A Synergistic Partnership

Guardz and iON are coming together to launch iON Guardian, a powerful new platform designed to address the unique cybersecurity challenges faced by SMBs. This partnership leverages Guardz’s innovative, AI-powered technology with iON’s extensive local network and deep understanding of the Canadian market.

“We’re excited to combine our AI-driven technology with iON’s local expertise to help create a safer digital environment for Canadian small businesses,” said Dor Eisner, CEO and Co-Founder of Guardz. “This partnership is a pivotal step forward in our mission to empower MSPs and IT professionals with innovative cybersecurity solutions.”

Why This Partnership Matters

Small businesses often struggle with limited budgets and access to technical expertise, making effective cybersecurity a daunting challenge. Recognizing this, iON Guardian offers a unified, AI-powered solution that simplifies and streamlines security operations. With nine comprehensive security controls, the platform safeguards digital assets, users, email communications, endpoints, and cloud environments—all from one platform.

Kevin Banks, Chief Operating Officer at iON, highlighted the significance of this launch: “We recognize that small businesses face unique challenges, making it difficult for many to implement effective cybersecurity measures. We’re proud that this new multilayered security platform, iON Guardian, will address these challenges, providing SMBs with effective and affordable protection.”

Addressing Cybersecurity Threats in Canada

The importance of robust cybersecurity measures cannot be overstated, especially given that 40% of Canadian businesses have fallen victim to cyber-attacks. iON Guardian is designed to meet this pressing need, utilizing AI-powered incident management and remediation workflows to maintain a low total cost of ownership while providing top-tier protection.

“Over the past 21 years, iON has earned the trust of Canada’s largest enterprises as a premier cybersecurity partner,” said Banks. “With the launch of iON Guardian, we are leveraging our extensive experience to better serve the cybersecurity needs of the small businesses that are essential to Canada’s economy. We are proud to equip these businesses with proactive cybersecurity measures that safeguard their digital assets, providing them with peace of mind.”

A New Era for Guardz

This expansion into Canada through our partnership with iON is a significant milestone for Guardz. It not only marks our entry into a new market but also reinforces our commitment to helping SMBs protect their digital assets against ever-evolving cyber threats. By combining our robust cybersecurity technology with iON’s local market knowledge, we are poised to make a substantial impact on the cybersecurity landscape for Canadian SMBs.

As we continue to grow and expand our reach, we remain dedicated to our mission of empowering MSPs to secure and insure SMBs against threats like account compromise, phishing, ransomware, data loss, and user risks. Our unified cybersecurity platform ensures that businesses’ security is consistently monitored, managed, and optimized to prevent attacks and mitigate risks.

For more information about Guardz and our innovative cybersecurity solutions, visit Guardz.

About iON United Inc.

Founded in 2003, iON United Inc. is a trusted cybersecurity solutions provider in Canada, delivering best-in-class advisory, technology, and managed services for securing IT, OT, and cloud environments. Recognized for their collaborative approach and deep market expertise, iON continues to build strong customer relationships and attract top talent in the industry. For more information, visit iON United.

We are excited about this new chapter for Guardz and look forward to a successful partnership with iON United, making the digital world safer for Canadian small businesses.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Guardz
Guardz is on a mission to create a safer digital world by empowering Managed Service Providers (MSPs). Their goal is to proactively secure and insure Small and Medium Enterprises (SMEs) against ever-evolving threats while simultaneously creating new revenue streams, all on one unified platform.

Kaseya DattoCon Europe: Why quality matters

Opting for cheap cybersecurity solutions could prove more costly than you think.

In the highly competitive world of managed service providers (MSPs), business leaders make tough decisions on how to balance costs and revenues to maximize profits without decreasing quality. In such a world, a low-cost security service seems like a gift from heaven which businesses ought to accept to cut their costs.

But there are certain hidden costs of doing business in areas where such trade-offs between price and quality can become harmful. And cybersecurity is one of those areas.

Participating at the Kaseya DattoCon Europe 2024 conference focusing on MSPs, I had a chance to speak with several MSP representatives on this topic. Time and time again, I heard from them that their budgets were so tight that they opted for a cheaper solution despite the risks of being breached during more elaborate cyberattacks. A penny saved is a penny earned, right?

Well, let me show you why this is not a good idea.

What are your chances

It is true that free antivirus solutions can deflect some simple attacks, but unfortunately, the days when simple viruses were among the few threats to businesses are long gone. While some threat actors are status driven, most remain driven by financial gain (93% of all attacks), and money is the all-powerful motivator for improving their tools and techniques.

This is the reason 66% of organizations worldwide fell victim to ransomware attacks between March 2022 and March 2023, according to a survey published by Statista among cybersecurity leaders at global organizations.

Another more advanced threat causing headaches for business owners all around the world is the exploitation of software vulnerabilities. Currently, MITRE ATT&CK’s List of Common Vulnerabilities and Exposures (CVE) has documented more than 237,000 of them.

A 2024 Ponemon Institute report found that only 38% of respondents are confident that their organizations are effective at detecting and responding to an exploit of a known vulnerability. Almost half of respondents (47%) said it takes at least a month to more than six months for their organizations to respond to a critical software vulnerability.

Due to the manner of their business, MSPs should be also concern themselves with cloud attacks. In 2022, nearly 50 percent of respondents globally stated that their company confronted unplanned expenses in order to fix security gaps due to cloud attacks, and 15 percent of respondents registered a decrease in new sales.

So, if you think that your clientele encountering more advanced cyberattacks is just a “theoretical threat” and “something like that can’t happen to them on my watch,” think again.

Possible loses

Now, let’s take a look at the financial aspects of deploying a high-quality cybersecurity solution. Something I heard particularly from smaller and medium-sized MSPs trying to make every penny count was that they aim to save as much money as possible.

However, my response was that by investing a few thousand euros more now, they could save hundreds of thousands of euros in the long run.

To drive this point home, the costs of a breach are not small. IBM Security studied 553 organizations impacted by data breaches that occurred between March 2022 and March 2023, and found that the average total cost of a data breach reached $4.45 million in 2023.

Only a third of companies discovered the data breach by themselves, which really highlights the importance of high-quality support, particularly threat detection—especially considering that the costs were nearly $1 million higher in cases where attackers disclosed a breach.

At ESET we believe in a prevention-first approach, which means mitigating a threat before it can do any harm. Catching malware activity within business systems is nice, but it often also means that the malware has already caused complications, such as business disruptions and revenue losses from system downtime, lost customers, and reputation damage. In the aforementioned IBM study, these additional costs reached an average of $1.3 million.

In the U.S. alone, the cost of cybercrime in general reached $320 billion in 2023 and is projected to reach $1.82 trillion by 2028.

These worrying trends expose the claim that smaller businesses are not interesting for cybercriminals as a myth. Quite the opposite, threat actors are well aware of smaller and medium-sized businesses’ (SMBs) weaknesses. This year, 56% of SMBs have already faced at least one cyberattack and 78% are concerned that a severe cyberattack could drive them out of business.

There is a price for deploying a lower-quality product and you probably don’t want to pay it.

Deploying high-end technology is not window dressing

At present, many MSPs are given solutions for free, which keeps them in vendors’ ecosystems. But they pay a price in terms of poor operability and performance. For example, representatives at some bigger MSPs I spoke with said that they weren’t happy with the quality of the telemetry they could gather from clients’ endpoints.

On the other hand, ESET products were praised for their automation and seamless operation without disruptions. Our protection for businesses, ESET PROTECT, enables operating on a single unified cybersecurity platform, which makes the lives of MSP admins easier. “It simply works,” I heard from our customers, which is feedback we have been receiving since we launched our MSP program in 2013.

“We’ve picked up customers of all shapes and sizes over the last 20 years. But from an antivirus and endpoint security point of view, once we’d settled on ESET, the products evolved as we have. The relationships we’ve been able to garner and build with the Support Teams, the Sales Teams, the PreSales Executives, with everybody at ESET are long-standing,” said Andrew Owens, Head of Sales, Risc IT Solutions.

Check out how the ESET MSP Program elevates Risc IT Solutions’ business growth here:

And there is another aspect of investing in a high-quality security solution – vendors’ experiences and reliability. For example, ESET is a global leader in digital security with more than 30 years of experience, having more than 1 billion protected internet users, 13 global Research & Development (R&D) centers, and more than 600 R&D experts. The quality of our protection has been repeatedly acknowledged in numerous comparatives over the years.

What about the reliability of cheap or free products? Let’s put it this way: there is a reason many of them don’t appear among the recognized comparative tests and analyses.

Benefits of ESET MSP program:

Leading cybersecurity technology –ESET PROTECT offers multilayered security technology combining machine learning, AI, a cloud reputation system, and human expertise. With ESET PROTECT, MSPs can offer flexible subscription solutions, providing security for all major platforms.

Multiple capabilities in one package – Decrease the attack surface with modern endpoint protection, server protection, threat hunting, mobile threat defense, cloud app protection, Vulnerability & Patch Management, and much more.

Flexibility – With daily billing and monthly invoicing, customers pay for what they really use: no flat rates, with no long-term commitment. Flexible management allows users to upgrade subscriptions and adjust seat counts on their own.

Unified ecosystem – With ESET’s cloud-first ESET PROTECT Platform, users have a complete overview of all their clients from a single pane of glass, allowing them to see and manage clients in one place.

Automation – ESET PROTECT automation features, such as Dynamic Groups, were designed to save IT admins time and help them avoid portal fatigue.

Integrations – ESET actively cooperates with the major RMM and PSA players to create best-of-breed, in-depth integrations.

As you can see, this is not just a simple protection of businesses’ endpoints against simple viruses but a robust solution covering a huge threat landscape. And all of these are offered for a fair price. If you are not sure about the ESET MSP program value, just check the prices for all these capabilities on the cybersecurity market when offered as standalone products.

You have only one reputation

A vision of having a free cybersecurity solution that covers all business needs while saving some money may be intriguing but is far from reality. While cyberthreats are becoming more sophisticated, IT processes are getting more complicated, and a proper cybersecurity solution should address both problems at once.

Failing to do so leads to business losses, disruptions, and losing clients. Remember, you have only one reputation, which is worth more than savings on a cybersecurity product.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About ESET
For 30 years, ESET® has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint security to encryption and two-factor authentication, ESET’s high-performing, easy-to-use products give individuals and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24/7, updating defenses in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D facilities worldwide, ESET became the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single “in-the-wild” malware without interruption since 2003.

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