The Business Risks of Cybersecurity

The Business Risks of Cybersecurity

With daily business processes as well as innovative new technologies like the Cloud Computing, keeping your company’s data and systems safe is a top priority. Damages from cybercrime, in the form of lost revenue, continue to mount; in the next few years, the cost could reach as much as $6 trillion a year. In daily business activities, companies gather, store and use a great deal of customer data. Employees, thanks to Software as a Service (SaaS), can now work anytime, anywhere, accessing company data from outside the office. Both your technology and your employees need to be ready for multiple threats to the security of your network. Read on to learn more about how to protect your business’ revenue and reputation and keep the business running smoothly. Knowing and Guarding Against Cyber Threats Cyber threats come from both inside your company and outside and can affect businesses of all sizes. Not only can malware and viruses attack your system and steal and/or destroy company data, lack of understanding of threats by employees can compromise the safety of your systems. Be sure to have the latest definitions of your anti-virus and anti-malware definitions up to date. Along with these protections, establish a culture of security. This should work from management downward and emphasize that everyone has a role in keeping your systems safe and your business productive. Keep an Eye on Your Network Another way to keep your business running smoothly is to monitor your network. Network monitoring can be done off-site, 24 hours a day, and can spot and eliminate threats to your security. It can keep even small...
Who’s Monitoring Your Network?

Who’s Monitoring Your Network?

A business’ network is relied upon heavily for many daily functions, and there are many places problems can occur. According to CompTIA, four leading security concerns are attacks from ransomware and malware, viruses that can get into your network and destroy data, and hacking attacks from cybercriminals. Along with these, there is also the possibility of outages caused by poorly-functioning circuits, and these outages result in lost productivity and revenue. Network monitoring can find and resolve these problems before they cause damage. Read on to learn about the role of network monitoring. Why You Should Monitor Your Network Network monitoring is a proactive way of detecting threats to the security of your network, resolving them before they cause serious problems. This can save your company both time and money, when network monitoring is part of an overall managed services plan. Possible cyber attacks can be prevented, thereby protecting your company from data loss and compromise of reputation. Not only that, but circuit monitoring can find bottlenecks that slow down your system and cause data loss and leakage. Access to your network can be tracked, finding unauthorized access by former employees, or social media usage that consumes a great deal of bandwidth. The Advantages of Remote Network Monitoring By having your IT service provider monitor your network remotely, your business can rest easy knowing that issues are caught and fixed without a trip to your office and can be fixed before data is compromised or systems are slowed down. This helps keep IT costs down by preventing problems before they get out of hand. Your network is protected from viruses...
Considering Cloud Computing?

Considering Cloud Computing?

Cloud computing has become more and more popular over the last several years, with that popularity continuing into 2018 and 2019. According to a report by the International Data Corporation (IDC), public cloud services will grow from nearly $70b to more than $141b in 2019. SaaS is likely to be the key consumption model for Cloud Services, and Telecommunications is expected to be the fastest-growing vertical industry. According to COMPTIA, half of all small to medium-sized businesses report having 31% to 60% of their IT functions in the cloud environment. What is cloud computing, and what are its benefits? Read on to learn more about this technology. More Access for Predictable Cost Cloud computing is an Internet-based model of computing, on a pay-per-use basis, with benefits to organizations large and small. Using the Cloud saves costs, partly by changing a capital expense to an operating expense. Businesses no longer need to replace aging infrastructure, but can move their data, systems and applications to a subscription-based model like Infrastructure as a Service (IaaS) or Software as a Service (SaaS). Businesses, at least in the public cloud environment, can share common system resources (hardware, software, operating system and application database). Usage monitoring and a utility billing model keeps the costs predictable. Cloud computing increases employee productivity by giving the business a common interface, allowing employees to work outside the office, and outside traditional office hours. Another function of the cloud is data backup, allowing the company to have data offsite for easier backup and recovery in case of a disaster. What To Consider Before Moving to The Cloud With all these...
Creating A Culture of Security

Creating A Culture of Security

With more data than ever being collected, analyzed, managed, and stored, keeping the data as well as the business’s systems secure is a priority leading into 2018, and beyond. According to statistics, more than 50% of cyber breaches are due to human rather than technical error. Read on to learn more about creating a culture of cybersecurity by educating and training your staff. Training Employees to Create a Secure Culture According to a CompTIA report, creating a culture of cybersecurity starts with management. Preventing data breaches means more than simply meeting legal requirements; cybersecurity should be part of a bigger risk-management strategy. Another key piece is educating employees on their role in creating a secure culture. Educating and training employees should occur on more than one front. First, employees need to recognize threats as they occur, threats such as phishing schemes and ransomware, attacks designed to steal passwords and hold data hostage. While cloud computing has ushered in wonderful capabilities–such as the ability to work anywhere at any time– it also brings security risks by changing the business’s security perimeter. Employees working outside the office should be aware of the possible dangers of unintended eavesdroppers and unsecured mobile “hotspots.” Additionally, management should educate their staff about establishing and maintaining strong passwords that can’t be stolen. Establish Procedures for Responding to Data Breaches Another aspect of establishing a culture of cybersecurity is training employees to respond to a data breach if one occurs. Establish clear policies of reporting malware, phising and other security hazards, and make sure employees aren’t afraid to report problems. Also, be clear with employees about processes...
How To Stay in Business with a Business Continuity and Disaster Recovery Plan

How To Stay in Business with a Business Continuity and Disaster Recovery Plan

With technology growing by leaps and bounds, and regulations assigned to protect the data generated by this technology, you need a business continuity and disaster recovery plan in place to determine how that data is collected, protected, analyzed and stored. Read on to find out how to protect your company from data loss and its consequences. Why You Should Care About Data Protecting Your Data According to COMPTIA, data protection will be a key trend in 2018 and beyond. Businesses will continue to generate large amounts of data; for some companies, regulations such as PCI, GDPR and HIPAA require protection of data and plans for business continuity in the face of potential data loss. Even without the need for compliance to regulations, businesses need access to their data even in the event of a natural disaster or a cyberattack. How Much Downtime Can you Afford? The average cost of downtime is $5,600 per minute. Not only that, but if your business is inaccessible during a flood, fire or other disaster, or simply a power outage, customers can lose confidence in the product or service you provide. Even more serious is the prospect of confidential data being lost or exposed. Having a plan in place can make the difference in whether your business stays in business. What to Include in Your Plan How much data can you afford to lose, and how long can you be without it? The best plan provides for storage and restoration of data during and after a disaster. How long can your systems be down before it affects profitability? How will you restore data that...
The Business Benefits of Cloud Computing

The Business Benefits of Cloud Computing

In little more than a decade, cloud computing has changed from a cutting-edge technology to a well-established part of the IT function in many businesses. Cloud computing offers the benefits of cost savings and access to new technology. Read on about what cloud computing can do for your business, as well as what to consider before migrating to the cloud. The Growth of Cloud Computing According to a report published by CompTIA in 2018, 81% of companies say that operating in the cloud has had at least a moderate, if not outstanding, effect on their automation efforts. Even though the hype over cloud computing has decreased, this mode of computing is still a key feature of IT planning in most companies. The IDC expects that cloud spending will reach $162 billion dollars by 2020. And more and more IT spending in companies is cloud-based. The Benefits of Cloud Computing A key benefit of Cloud Computing is providing new tools companies can use to grow their business. One such tool is desktop as a service (DaaS), a utility often included in Cloud services. Other commonly used applications are VoIP, Call Center and Cloud backup of data. Since companies can move their data and more routine operations like VoIP, call center and data backup to the cloud, they can focus on strategies for long-term growth and explore new prospects for business growth. For IT workers, the prospect of job loss lessens, since they can learn new skills and expand their roles. Finally, migrating to the cloud can help reduce costs by changing capital expense—perhaps in the form of aging infrastructure—to operating...
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