NEW YORK, NY | January 23, 2023 08:00 AM Eastern Standard Time
By Faith Ashmore, Benzinga
Small-to-medium-sized enterprises, also known as SMEs, make up over 90% of businesses around the world and approximately half of global employment. In the U.S., SMEs account for 44% of all U.S. economic activity and produce the bulk of GDP output.
These SMEs are heavily reliant on, and often at the mercy of, programs like QuickBooks and Salesforce. 64% of QuickBooks users come from SMEs, and of that percentage. Salesforce has over 150,000 subscribers. While these programs are fantastic tools for SMEs, they are also vulnerable to ransomware attacks.
SMEs do not have the same technical expertise, staffing, and secure infrastructure that companies like Microsoft (NASDAQ: MSFT), IBM (NYSE: IBM), and Nvidia (NASDAQ: NVDA) do. Artificial Intelligence (AI) can help bridge the technological divide.
FatBrain AI (LZG International, Inc.) (OTCQB: LZGI) is on the front lines of this battle. FatBrain markets itself as “AI for Everyone” and caters specifically to SMEs. The company is focused on simplifying decision-making for SMEs and giving them the power to harness big data and AI to grow, protect and expand their businesses.
How Is FatBrain Protecting SMEs From Ransomware Attacks
More than 50% of SMEs are expected to experience a ransomware attack, and when this happens, all the data stored on QuickBooks and Salesforce could be lost or at the very least inaccessible for an extended period. For small businesses, this would be devastating and costly.
FatBrain has created RansomProof - AI software that can have a real impact on securing a small business’ systems and data and ensure small businesses will be safe. RansomProof is free forever to SMEs because the company believes in leveling the playing field between big businesses and SMEs.
RansomProof is simple to use - SMEs simply need to register their QuickBooks and Salesforce accounts with FatBrain’s RansomProof and their data will be backed up daily, 365 days a year; no expensive consultants or advanced technical knowledge required. All data between FatBrain’s servers and the company is encrypted with the highest industry standards (128-bit TLS). Data is kept secure with multiple servers housed in secure data centers that have strict access controls.
By ensuring that data is constantly backed up, SMEs can rest assured that even if a ransomware attack comes their way, they are protected and their data is safe.
FatBrain is bringing AI to small businesses in a digestible, simple way.
To learn more about RansomProof, click here.
This article was originally published on Benzinga here.
FatBrain AI (LZG International, Inc.; OTC: LZGI) is the first and leading provider of powerful and easy-to-use AI solutions to millions of businesses of tomorrow driving the majority of the global economy, empowering them to grow, innovate faster and savemoney. FatBrain’s innovative solutions transform continuous learning, narrative reasoning, cloud, blockchain and Web3 technologies into auditable, explainable and easy to integrate products. FatBrain’ssubscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud. The AI 2.0 pioneered by our teams is like WAZE for business growth, using advanced peerdynamics technology to automatically learn patterns from individual and peer behavior. This allows us to deliver coached, personalized AI solutions at hyperscale.
FatBrain unifies insights from SaaS applications, turbo-charged by peer and market dynamics:
1) Realize attainable goals from explainable peer performance.
2)Turbo-charge human expertise with superhuman AI insights.
3) Accelerate growth through the contributory network effects.
4) Simplify harnessing data across common apps and market signals.
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