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It’s Time to Get Serious About the SHIELD Act

More data records have been exposed thus far in 2020 than in all of 2019. That’s a 273% increase from Q1 2019, which saw 4.1 billion records exposed. States across the U.S. have begun to act by developing laws to ensure that businesses protect U.S. citizens’ personal information during these unprecedented times. In March 2020,…

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Work from Home Guide to Emerging Threats & Mitigation Strategies

Businesses today are facing more cyber threats than ever. As organizations deal try to figure out how to best deal with a remote work force, hackers are taking advantage of the situation to step up their attacks. We created this guide for securing a remote work force during the pandemic. It addresses many of the…

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Cybercrime Up 300% Since the Pandemic Started

Cybercriminals are taking advantage of the remote and distributed work force to launch an unprecedented number of attacks. The FBI has seen a doubling in the rate of complaints of Internet crime since employees started working remotely. IBM has indicated that about 53% of people working remotely conduct company business on personal laptops, which often…

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Optimize!FinTech E-Sign E-Security Virtual Conference

  We want to personally extend an invitation to an important virtual conference that ACE IT Solutions is proud to participate in as a panelist alongside other premier financial services, insurance, and technology professionals, called OPTIMIZE!2020 E-Sign & E-Security. This FREE virtual half day conference on October 1st is focused on technology that is used to…

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How Much Should You Spend on Cybersecurity?

What is the right amount to spend on cybersecurity?  According to Gartner, the average is approximately 5-8% of the IT budget. But a survey published in CIO magazine claims that amount is closer to 15%, with some executives claiming they spend upwards of 20% securing their data. How are those cybersecurity dollars being allocated? Secure…

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Helping Your Board Become Literate in Cyber Risk

It does’t matter the size of the business or the industry, a cyber attack will impact your business and the threats must be addressed at all levels of an organization. Even though Boards and CEOs may not be able to grasp all the technical details, it is still important to them that risk is quantified…

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10 Ways the Pandemic Has Transformed Your Firm’s Technology

Covid-19 has drastically changed the way business is done in many ways. Perhaps one of the biggest impacts has been on cybersecurity as work-from-home requirements have magnified cybersecurity threats for practically every company.   Here are 10 ways that the pandemic has affected your firm’s technology infrastructure Budgets Businesses had to quickly invest in tools…

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How Financial Firms Can Achieve SEC Compliance in the COVID Era

In a recent SEC risk alert, the OCIE has identified a number of COVID-19-related issues, risks, and practices relevant to SEC-registered firms. Many Firms have shifted to predominantly operating from remote sites, and these transitions may raise compliance issues and other risks that could impact protracted remote operations The SEC recommends that firms should re-assess their…

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Businesses Face Another Pandemic: Skyrocketing Hacking Attempts

Work-from-home requirements have magnified cybersecurity threats for practically every company, whose data now must traverse Wi-Fi networks with weak passwords, while workers share devices and bandwidth with the entire household. This article in the Wall Street Journal outlines how a shift to remote work due to COVID-19 has created cybersecurity vulnerabilities. IBM has indicated that…

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The Top 10 Digital Transformation Trends Of 2020

The COVID-19 pandemic brought technology changes a breakneck pace. Forbes put together a list of the Top 10 Digital Transformation Trends of the COVID Era. This list should serve as a forward-looking guide to where technology will have the biggest impact on businesses this year. 5G 5G deployment is forging ahead, despite the virus, and…

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