Are you planning to include your IT needs in your annual budget this year? If so, congratulations! You’re doing something incredible to ensure your small business’ success. Budgeting for technology can be tricky. On the one hand, you want to be ready for anything, but you also don’t want to overspend and waste valuable resources. …
Do you find budgeting for IT challenging? If so, you aren’t alone. While the IT budgeting process can be tricky for small businesses, it can be especially difficult for those trying to do it all by themselves. With so many aspects to consider, such as routine/ongoing IT services, projects, refreshes and accidents/incidents, it can be …
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From a data regulator’s perspective, it is the responsibility of your business to keep data safe from cyberthreats, inform clients about a breach within a stipulated period and provide necessary documentation as proof of your efforts. Although different regulations have laid down distinct mandates for breach notifications, the principle remains intact. While there is an …
The COVID-19 pandemic has changed everything about the world as we know it. Just as we started embracing new practices like sanitizing, social distancing and remote working, the pandemic has also forced us to embrace systemic changes in the ways we deal with cyberthreats. In 2021, the FBI’s Internet Crime Complaint Center received 847,376 complaints …
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Over the last few years, we have seen several tech companies, such as Buffer, Todoist and Help Scout, to name a few, switch to a fully remote or partial work setup. Most of these companies spent months preparing for the switch by training their employees, setting up remote work policies and ensuring the necessary infrastructure …
A cyber incident is a type of security event that can harm a business like yours. Ranging from data breaches and system failures to malware attacks and phishing scams, these incidents can hinder productivity, revenue growth and customer satisfaction. In most cases, a cyber incident will result in data loss or downtime. This can include …
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Your company operates in a turbulent business environment where new technologies are reshaping industries, customer preferences are evolving rapidly and geopolitical equations are shifting dramatically. If you’re struggling to adapt to these quick and challenging transitions, you’re not alone. To tackle these issues as soon as possible, some corporate executives resort to quick fixes that …
Read more “Aligning People, Processes and Technology to Scale “
With the business world heavily reliant on digitalization in this day and age, the use of technology in your organization is unavoidable. Although technology can undeniably give your business an advantage in increasingly competitive markets, there are many troublesome areas to keep an eye on. This is why interest in cybersecurity has risen in recent …
Rapid technological advancement and rising global connectivity are reshaping the way the world is functioning. From higher productivity to improved customer satisfaction, technology has played a critical role in the growth of businesses across the world. However, the consequential bad news is that technological advancements have also made organizations increasingly vulnerable to digital risks. However, …
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In 2021, organizations that didn’t have zero trust incurred an average breach cost of USD 1.76 million more than those organizations with a mature zero-trust approach.1 It’s no wonder that 69% of organizations believe that there will be a rise in cyber spending in 2022 compared to 55% in 2021, and more than 25% expect …
Read more “Implementing Ongoing Risk Management as a Standard Practice “