Month: September 2021

What is Shadow IT and How Does it Affect Your Business?

Shadow IT is a catch-all term that includes any IT solution (i.e.: applications, software, devices, etc.) that’s not expressly approved by or known to your IT team. This often includes personal computers, smart phones and applications that your employees use on a regular basis to get their work done. With the switch to remote work,…

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Why Digital Transformation is an Important Business Strategy

We’ve been using term “Digital Transformation” for years — using digital technologies to modernize existing business processes, culture, and customer experiences to meet changing business and market requirements. Pre pandemic, digital transformation initiatives were recognized as an eventual necessity but were contingent on available resources. Since the surge in remote work, cyber attacks and ransomware, and a…

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7 Hard Facts About Cybersecurity Breaches

A breach will affect productivity & revenueWhen a security breach occurs, companies have to hit pause, losing precious time and revenue. Lost business costs accounts for nearly 40% of the average total cost of a data breach. Significant revenue loss as a result of a cybersecurity breach is common. Studies show that 29% of businesses…

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Why Businesses Struggle With Cybersecurity

Data is essential for every business, so why are businesses failing to establish effective security postures? The cost of data breaches can be far-reaching and even permanently damage a company’s reputation or cause a business to close. Businesses must construct stronger cybersecurity strategies, and build a solid foundation for protecting the data that is critical to…

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Cybersecurity Alert: SEC Charges Firms Over Security Failures

The Securities and Exchange Commission has sanctioned eight firms for failures in their cybersecurity policies and procedures that resulted in email account takeovers exposing the personal information of thousands of customers and clients at each firm. The firms firms agreed to pay hundreds of thousands of dollars in penalties to settle charges. All were Commission-registered…

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