Six trillion dollars.
It’s a large sum and one that warrants a better understanding. How much is $6,000,000,000,000?
It’s the estimated cost of the war on terror.
It’s slightly larger than the gross domestic product of Japan ($5.4 trillion).
It’s six times the value of Apple.
And it’s the projected annual cost of cybercrimes by 2021. In 2015, it was $3 trillion.
Cybercrime has become a global nightmare. It affects all businesses, large and small, as well as nonprofits and municipalities.Read More
A California health care clinic will close its doors in December after the provider was unable to recover patient records that were encrypted by ransomware this summer.
Earlier this year, a Spokane medical group had to pay hackers nearly $15,000 to decrypt patient information that was held hostage in a ransomware attack.
This summer, the governor of Louisiana declared a state of emergency after cyberattacks happened to multiple school districts.
And as recently as Tuesday, a report detailed that ten hospitals – three in Alabama and seven in Australia – were hit with paralyzing ransomware attacks that are affecting their ability to take new patients.Read More
The technology industry isn’t normally associated with Eastern Washington, but local tech industry movers are hoping to change that.
On Thursday, industry leaders and entrepreneurs will gather in Richland on Thursday for the second annual Tri-Cities Tech Summit. The goal of the event, hosted by Teknologize and the Tri-Cities Research District, is to bring together local innovators and organizations to reflect on what’s already being done as well as share new technologies and discuss how it is changing business and creating opportunities in the Tri-Cities specifically.Read More
When asking people for a word to describe the Tri-Cities, some of the answers that you hear might be wine, water sports, Hanford, agriculture or tumbleweeds. The last thing you would expect to hear is “technology.”
What most people don’t realize is that the Tri-Cities has a long and storied past linked to technology. And today, there are some very innovative companies that are either using technology as their product or as a catalyst to better grow their business.Read More
Technology has never been so important to businesses and individuals as it is today. It is difficult to find any company or person that doesn’t rely on technology on a daily, if not hourly, basis. From the cars we drive to the supply of power we enjoy to the work that we accomplish on computers, tablets, and mobile phones, technology has become engrained in almost everything we do. It’s how we work and how we live, and that technology is increasing exponentially. And yet, we don’t think much of it. It was only 12 years ago that the first smartphone was launched. Today, 95% of 12-year-olds in the US have access to one. The adoption rate of new technology is staggering. Embracing that technology can be to your benefit both in business and personal life.Read More
We’re living in the Age of Technology. Everything is plugged in — your car, your thermostat, your fridge, even your doorbell. You can’t get to work, do your job, order lunch, talk to your doctor, check out at the grocery store or communicate with your kids without technology.Read More
BBB reports one in four small businesses affected by cyberattacks. Whether its ransomware, viruses, data theft or some other cybersecurity risk, a network breach can be one of a business owner’s worst nightmares — costing time, money and reputation.Read More
Teknologize Inc., a WA-based Datto partner, recently deployed over 30 Datto AP60 Access Points in a housing facility for government researchers in Richland, WA. The installation posed some challenges, according to Senior Network Engineer, Daniel Morgan. “There were a number of issues we had to work around,” he said. “But mesh networking was well suited to address them. We looked at Ruckus and Xirrus as well, but ultimately chose Datto for the mesh capability.”Read More
This is the seventh year the Tri-Cities Area Journal of Business has sought out outstanding professionals and business leaders to include in this Young Professionals edition. We received many great nominations this year and it was difficult for the judges to pare the deep pool of talented individuals who applied.Read More