Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
-0.48%
SPX
-0.32%
IXIC
-0.03%
FTSE
-0.09%
N225
+1.03%
AXJO
0.00%
Cashu Logo
Log In
HomeWatchlistNewsSignalsPicks

Orange County's Cyber Lifeguard Initiative Tackles Soaring Cyber Threats for Local Businesses

publisher logo
Cashu
2 days ago
Cashu TLDR
  • HD Tech launches "Cyber Lifeguard" in Orange County to combat a 42% rise in cyber threats affecting local businesses.
  • The initiative aims to protect Orange County's economy by offering tailored cybersecurity solutions for small to mid-sized businesses.
  • HD Tech's proactive approach emphasizes readiness and recovery, ensuring businesses in Orange County can withstand cyber attacks.
ORANY
Orange.
0.00%

Cyber Lifeguard Initiative Addresses Rising Cyber Threats in Orange County

In response to a dramatic surge in cyber attacks, HD Tech, a leading managed IT provider based in Orange County, launches a new initiative titled "Cyber Lifeguard." The campaign emerges as local businesses face a staggering 42% increase in cyber threats, highlighting the urgent need for effective cybersecurity measures. Founder Tom Hermstad draws a parallel between HD Tech's mission and that of lifeguards, emphasizing the importance of readiness in an era where cybercrime is not just a possibility but an inevitability. Recent statistics from HD Tech indicate troubling trends: business email compromise attacks have surged by 38%, while ransomware incidents at the end of quarters have escalated by 45%. Additionally, breaches within the healthcare sector are up by 33%, and attacks on government contractors have risen by 52%.

The FBI reports that California businesses lost over $1.2 billion to cybercrime in 2024, with Orange County disproportionately affected by these trends. HD Tech distinguishes itself from traditional IT firms by adopting a "Right of Boom" approach, which emphasizes not just prevention but also preparation for effective post-breach responses and rapid recovery. This strategy reflects the company's commitment to ensuring that businesses can withstand and recover from cyber attacks. With a flawless track record of no successful ransomware incidents, HD Tech leverages its three decades of experience across various sectors, including healthcare and hospitality, to provide tailored cybersecurity solutions that meet the specific needs of Orange County's diverse economy.

Recognizing that small to mid-sized businesses (SMBs) are increasingly becoming prime targets for cybercriminals, HD Tech positions itself as a crucial partner in the local community's cybersecurity landscape. As a Microsoft Partner and Fortinet Advanced Partner, the company offers enterprise-level security solutions at affordable rates. Hermstad asserts that safeguarding individual businesses has broader implications for the entire community, stating, "As OC's Cyber Lifeguards, we're committed to safeguarding the local economy, one business at a time." The Cyber Lifeguard initiative aims not only to protect businesses but also to contribute to a safer digital environment across Orange County.

In this rapidly evolving cyber landscape, HD Tech’s proactive measures serve as a vital resource for local businesses. By fostering a culture of cybersecurity readiness, the company empowers organizations to navigate the complexities of digital threats effectively. As the community rallies around this initiative, the hope is to establish a more resilient economic framework that can withstand the challenges posed by cybercrime.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.