Why You Should Prioritize Your Technology Gaps

Technology is an unavoidable component of most businesses these days, helping them achieve their goals and vision. However, if you are not cautious, technological flaws could allow cybercriminals to access your network and cause harm to your company. Technology auditing is the solution to this problem. A technology audit can assist you in better understanding and identifying gaps in your organization’s security, compliance and backup postures. But if you don’t have a…

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4 Reasons Phishing Is Getting More Frequent

Phishing is a social engineering attack used to obtain sensitive information, such as login credentials and payment details, from users. It happens when an attacker, posing as a trusted source, dupes a victim into clicking on a malicious link or downloading a spam file sent over email, text messages, phone calls, or social media. If you fall into this trap, you could end up with malware, system slowdowns, and sensitive data loss,…

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6 Signs You Need a Tech Refresh

When used strategically, technology can help small and medium-sized businesses (SMBs) develop a more productive, efficient and innovative workforce. That’s why businesses that prioritize technology are three times more likely to exceed corporate goals.* In a business world that’s evolving at a breakneck pace, your company may not be able to perform at its full potential if it lacks the necessary technology. Technology can improve: Business communication Decision making Marketing Security Customer…

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3 Benefits of Conducting a Technology Audit

When was the last time you conducted a comprehensive technology audit? If it’s been a while or hasn’t happened at all, you’re probably vulnerable to a cyberattack. Cybercrime shows no signs of slowing down and is expected to cost the world $10.5 trillion per year by 2025.* Are you confident that your organization is secure with the current remote and hybrid work environments? This is where a technology audit can give you…

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4 Reasons to Refresh Your Technology Infrastructure in 2022

After the ups and downs of the last year and a half, the business world is making its way into 2022 with renewed optimism. Business executives are contemplating strategies to start the year with a strong quarter by adapting to the new normal. Do you have the best technology infrastructure to help you kick off the new year with a bang? If not, it’s time to consider a technology refresh. Every company…

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Is Your Supply Chain Resilient?

The major upheavals of the last couple of decades, such as the global recession and the COVID-19 pandemic, have demonstrated that firms will suffer severe setbacks if their supply chains are not resilient. An entire supply chain becomes vulnerable if one component is exposed to risk, just like a house of cards will topple if one section is out of balance. Supply chain resilience refers to an organization’s ability to use its…

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How to Become a Resilient Organization

The last year and a half have taught us that the world can experience a tremendous change in a short time. Whether it’s rapid technological advancements, cyberattacks, stalling economies or even a global pandemic, only resilient organizations can weather these storms.   That’s why the concept of organizational resilience is now more relevant than ever before. Organizational resilience is all about how well a company anticipates, plans for and responds to gradual…

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What You Should Know if Your Business Is Targeted by Ransomware

It may not be news to you that ransomware is on the rise, but the numbers may leave you shocked. In 2020 alone, there were close to 300 million ransomware attacks worldwide.1 The cost of ransom payments demanded by hackers are also increasing in tandem with the increase in attacks. According to a recent projection, the global annual cost of ransomware attacks will touch $20 billion by the end of 2021.2 Offerings…

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The Role of Compliance in Cybersecurity

The overall technology landscape is evolving at a breakneck pace. While these changes are meant to improve the quality of life, the unfortunate flip side is an increase in cyberthreats. This is why global cybersecurity spending increased from nearly $40 billion in 2019 to $54 billion in 2021.1 Unfortunately, due to a lack of spending on personnel or technology, SMBs are most likely to be targeted by threat actors. Many organizations fall…

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5 Security Risk Analysis Myths in the Healthcare Industry

The COVID-19 pandemic threw multiple challenges at the healthcare industry. The sector saw a steep increase in demand that led to the collapse of health infrastructures in different parts of the world. What’s more, the industry experienced an unprecedented cybercrime surge. According to a report, the most attacked sector in 2020 was healthcare,1 and experts expect this trend to continue into 2021 and beyond. Increased adoption of a hybrid workforce model and…

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Managed Compliance as a Service May Be the Answer to Healthcare Compliance Challenges

The healthcare industry has been going through a difficult phase. While the COVID-19 pandemic overwhelmed health infrastructures across the globe, cyberattacks targeting the industry are skyrocketing. In 2020, healthcare was the worst affected industry by cybercrimes.1 Experts suggest that this trend will continue into 2021 and beyond. This is a reminder for organizations to regularly upgrade their security and compliance posture during these times of uncertainty. According to a report, cybercrime has…

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How Data Compliance and Cybersecurity Differ

When you run a business, compliance and security are two essential factors. Both are equally important for the seamless operation of your business. While compliance helps your business stay within the limits of industry or government regulations, security protects the integrity of your business and sensitive data. It is worth noting that although security is a prime component of compliance, compliance does not equal security. This is because compliance does not consider…

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8 Elements of a Business Impact Analysis (BIA) for Compliance

A compliance program aims at protecting an organization from risk. The purpose of corporate compliance programs is to ensure that a business complies with laws or regulations relevant to it. You could consider a Compliance Program to be a form of internal insurance policy to create evidence of conformity with regulations and instill a culture of compliance. Remember that establishing a foundation of compliance is a company’s best protection to minimize risk…

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4 Reasons Cybersecurity Attack Surfaces Are Expanding

The COVID-19 pandemic impacted individuals and businesses all over the world in one way or another. Almost overnight, it disrupted the way people went about their daily routines and how companies operated. Amidst all the chaos, changes to the cyber landscape increased at an unprecedented pace. Some of the trends that powered these changes and continue to fuel them are: Increased Use of Internet of Things (IoT) About 56 federal agencies in…

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Why Attacks on Critical Infrastructure Are Dangerous

Critical Infrastructure (CI) comprises physical and cyber assets vital for the smooth functioning of societies and nations across the globe. The sectors that make up critical infrastructure differ from one country to another. For example, the USA considers 16 sectors to be vital as opposed to 13 in the UK. The disruption or damage of CI can have severe direct and indirect effects. So far, cybercriminals seeking crypto payouts were propagators of…

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Top 9 IoT-Related Security Threats Businesses Face

The Internet of Things (IoT) is rapidly changing the technology landscape as we know it. Businesses worldwide are leveraging IoT for benefits such as seamless collaboration, access to comprehensive data and the ability to make stronger business decisions based on insights derived from substantial data. Experts estimate the total number of installed IoT-connected devices worldwide to amount to 30.9 billion units by 2025.1 However, as we know, all that glitters is not…

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Top 5 Threats IoT Devices Pose to Data Protection & Privacy

Gartner Inc. predicted that by 2023, CIOs would be responsible for over three times the endpoints they were responsible for in 2018 due to the rapid evolution of IoT trends and technologies. With billions of physical devices worldwide connected to the internet today, this prediction is on its way to coming true. However, the rapid evolution of IoT technology has proven to be a double-edged sword from a cybersecurity and compliance standpoint.…

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Operational and Data Integrity Risks of IoT for SMBs

The continued rise in the number of Internet of Things (IoT) connected devices has brought about a host of security challenges for many businesses. As manufacturers compete in a race to bring their IoT devices to market, most fail to include even the most basic security controls necessary to protect the networks these devices connect to or the data they collect or transmit. This leaves businesses of all industries extremely vulnerable to…

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Regulations For Securing the Internet of Things

We are living in the era of Digital Transformation and witnessing first-hand the proliferation of assistive technologies such as the Internet of Things (IoT). It is estimated that the global count of IoT devices will reach around 80 billion by 2025 — a figure that will outnumber the human population across the globe tenfold. This IoT network of physical devices — “things”— designed with embedded sensors, software and other technologies for the…

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10 Truisms of Cyber Security-Part II

Before we reveal the final 5 truisms of cyber security, let’s take a quick recap of the first 5. Preparation Is The Key To Success Always Be Able To Deliver The Necessary Outcome The Secret Of Crisis Management Is Not Good Versus Bad But Preventing The Bad From Getting Worse Do It Today Unity Is Strength- Have Partnerships  To make your small business cyber ready let’s get on with the last 5…

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