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In today’s economy, people are becoming more reliant on mobile banking and online transactions for buying goods and services. In 2021, the Federal Deposit Insurance Corporation (FDIC) concluded that 96% of American households had bank accounts, equating to at least one household member having either a checking or saving account. Safeguarding a user’s assets is … Read more
Cybersecurity risk management is a critical process that can help your organization reduce its exposure to persistent cyber threats. It effectively prioritizes your organization’s cyber risk concerns by identifying and addressing threats based on the potential impact each threat may pose. According to a 2022 cyberbreach study, the average number of cyberattacks and data breaches … Read more
From banks to credit unions, IT solutions need to be available 100% of the time, both to keep customers happy and to protect their data. With increased consumer demand for 24/7 real-time access to data and accounts, financial institutions must balance meeting customers’ wishes and the need to protect data and privacy. Banks and other … Read more
Predicting a disaster or business-halting incident is nearly impossible but the financial implications are extensive. According to Veeam’s 2022 Data Protection Report, the average cost of downtime is $1,410 per minute, which is why organizations need to emphasize preparation. A comprehensive and robust disaster recovery plan defines how an organization will recover from an incident, … Read more
Software and hardware management can be difficult and burdensome due to the variety of licensing agreements and applications most organizations need to keep business running. Managing these assets needs to be an ongoing task outside of a yearly audit. IT asset management (ITAM) also known as the process of ensuring your organization’s assets are accounted … Read more
Ransomware has plagued its victims for decades, starting as early as 1989 with the first documented ransomware known as the “AIDS Trojan.” The use of ransomware scams has grown internationally ever since as Internet and email has been deeply embedded in our way of life. Traditionally, ransomware has been defined as a bad actor (a … Read more
As an industry, healthcare is an appealing target for cybercriminals. Healthcare organizations are particularly targeted by, and vulnerable to, cyberattacks because they possess enormous amounts of information that hold high monetary and intelligence worth for thieves. This includes patient-protected health information (PHI) like prescriptions and test results and personal identifying information (PII) such as social … Read more
The Internet of Things (IoT) refers to all manner of physical devices that are connected to the internet, collecting data and sharing it with other devices, the end consumer and/or the company that developed the product. Spending on IoT reached $749 billion in 2020 and is predicted to surpass one trillion dollars in 2022. With … Read more
In a previous blog, we explained the key elements of a business continuity plan that will keep your business operational during an unplanned outage, but how do you reestablish functions and get back on track operationally when disaster actually strikes? Often confused with or used interchangeably, disaster recovery planning is a subset of the business … Read more
According to a 2020 security study, nearly 75% of education and healthcare organizations recognize the need to have multiple alert and communication systems to meet the complex interconnected web of school security access, notifications and general messaging. When was the last time you assessed your school or district’s mass notification capabilities? If you’re looking to … Read more
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