Shoshin Technologies Blog

Every business relies on vendors for a lot: software, services, you name it. They’re a huge part of our businesses’ ability to meet the market’s demands. The way business is done today, in order for them to do their job, they often need access to our data; but, just like you wouldn’t hand over your house keys to a stranger, you shouldn’t just hand over the keys to your data to every vendor without a second thought. When you give vendors broad, indiscriminate access, you're opening the door to some seriously bad situations.

Ransomware seems to be everywhere. One can hardly turn on the news without hearing about a new ransomware attack—and that’s just the ones that hit the news cycle, not to mention the smaller ones that are either hidden by the companies or not considered newsworthy. Meanwhile, businesses are urged to invest in more security tools and IT-themed acronyms than ever. Is all this investment actually worth it? Is ransomware actually as significant a threat as it is made out to be?

The truth is, it isn’t. If anything, it’s even worse.

The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.