Capstone Works Blog

Earlier this month, a local healthcare system comprising dozens of Austin-based hospitals, clinics, and other facilities suffered a cyberattack. We wanted to share some lessons that local business owners can learn from this situation, because a single attack like this can result in a snowball effect that can end up costing you a lot of time, money, and reputation.

Technology has been moving fast over the last few years… or has it? 

It depends on who you ask, and how they interact with it every day. This post is for those of us who are frankly too busy to really dive into the waters of cutting-edge technology, but want to make sure we’re not leaving money on the table when it comes to operating our businesses.

AI is here. It’s no longer a futuristic concept, and it is transformative. At the same time, it’s also a little bit of a marketing buzzword. Let’s clear up this very complex topic—hopefully by the end of this article, you’ll be able to make some actionable decisions on AI and your business.

Data breaches can lead to significant financial losses, damage to reputation, and loss of customer trust.

Data breach prevention is not just about technology. It's about understanding the risks, implementing robust security measures, and fostering a culture of cybersecurity within your organization.

When you think about the data your business processes and stores on a day-to-day basis, it’s pretty easy to disconnect it from the people you do business with. After all, it’s your company data. That being said, a lot of the information that businesses collect comes from their customers. If something happens to that data, whether it is lost, stolen, breached, or sold, it can have a negative impact on your customers, which not only looks very bad for you, it can also result in legal action.

We all use email almost every day for work. Day after day, week after week, our inboxes are flooded with notifications, password resets, correspondence, invoices, marketing stuff, and countless other types of information. Have you ever thought about what a cybercriminal could accomplish if they had access to your email inbox?

A newly released report reveals that there were over 3,000 reported data breaches in 2023. This resulted in the personal information of millions of people being stolen. The average cost of one of these data breaches was $4.45 million. Almost every single organization polled (97 percent!) reported that they have seen an increase in cyber threats since 2022.

Cybersecurity is absolutely critical today, and it’s a problem that everyone needs to be aware of. As a regular person, going about your day, you might not even notice if you are the victim of a data breach.  Because of this, most people have a big forcefield of blissful ignorance that makes them feel immune to the bulk of cyberthreats.

But that’s the point—the best cyberthreats are hard to spot. You don’t realize you are being scammed.

Austin, Texas is among the best places in the country to start and grow a business, and for good reason. We’ve got a great situation; we’re in a great place to raise families, and we have some of the best and brightest people in the talent pool. With all this growth and potential, however, Texas businesses have a proportionate risk to fall victim to cybersecurity threats.

With the increasing number of cyberattacks and data breaches, it's more important than ever for companies to prioritize cybersecurity compliance. In this article, we'll explore the importance of cybersecurity compliance and the role it plays in protecting Texas businesses and their customers.

Data is the lifeblood of any business. From customer information to financial records, data is essential for making informed decisions and driving growth. It’s also your responsibility that the data you keep on customers and prospects stays safe. That leads us to the big question—do you know where your business stores its data?

Ransomware is every business owner’s worst nightmare. It not only brings with it an aura of desperation, but it also brings with it numerous practical issues that can really harm a business. It is not overstating that it is one of the most abrupt and serious problems that a business can have with its technology. 

Most people these days are somewhat familiar with the traditional attack vectors of cybercriminals. Because of this, the bad guys are always exploring alternative options for spreading malware and stealing data, often in places where you would least expect it.

Here are three unexpected cybersecurity risks that you and your staff need to be aware of.

Austin, Texas is undeniably one of the world’s largest tech hubs. Some of the largest tech companies in the world have installed themselves in Austin thanks to a large number of factors. For instance, the cost of living tends to be much more reasonable compared to other tech-based cities, the lack of state income taxes attracts business, and the generally nice year-round weather and recreational scene attract great people who want to accomplish great things. We love it here, from the growth opportunities, the talent pool, right down to the Keep Austin Weird bumper stickers.

But Austin businesses do face some additional challenges that come with being some of the brightest, most forward-thinking organizations out there.

AI has been the buzzword of the year when it comes to the technology world, and for good reason. While what we know of as “AI” isn’t necessarily new, and it isn’t even technically artificial intelligence, it’s definitely becoming a groundbreaking new industry that is changing the way a lot of businesses and individuals do things. That being said, like all technologies, it can and will be used for nefarious purposes.

For most people, the only thing protecting all of their personal data, their email, access to all of their online accounts, their bank, and more, is just a handful of characters. It’s estimated that there is about a 20% chance that any given account doesn’t have any sort of multi-factor security, so if you can figure out a person’s password, you might be able to gain access to whatever you want.

Data and network security has to be a paramount consideration for any organization that depends on its IT. This means doing whatever it takes to keep unauthorized entities, whether they be human or machine, out of your network. One strategy that can help you strengthen your organizational cybersecurity is to enact a feature that is found on many password-driven accounts: two-factor authentication.

We’ve been talking about cybersecurity quite a bit lately, and for good reason. Any organization that doesn’t acknowledge the threat that comes with being ill-prepared in the face of a cyberattack is basically sitting on a ticking time bomb. 

Business cybersecurity, and all its assorted intricacies and requirements, can be a real challenge for organizations of all sizes to deal with—particularly because it depends so much on employee engagement. That being said, there are a few things you can do to help boost your team’s cybersecurity awareness by promoting more secure behaviors.

The last few years have seen an unsettling jump in cybercrime rates, with more businesses struck by various attacks, ransomware, and data breaches. Phishing attacks against end users haven’t slowed down, either—in fact, they’ve become effective enough that even the pros can be tricked. Let’s consider some of the cybercrime trends we anticipate to see in 2023.

Let’s cut to the chase: scams are everywhere out there today, which makes it important that you are aware of how to avoid them. Let’s run through a few basic tips we always recommend.

They say that everything’s bigger in Texas. Unfortunately, as of late this includes the losses that businesses incur to cybercriminal activity. Let’s discuss how serious this problem is, and what you need to do to keep it from harming your business.

Phishing is one of the leading vectors for larger cyberattacks, and right now, it’s the biggest cyberthreat for Texas-based businesses. In this guide, we’re going to cover what to look for. If you are a business owner, we recommend sharing this blog with your entire staff and asking that they read and confirm they understand it. Go ahead and share it as much as you want—if you find it useful, we’d love to hear from you!