Why Should Hedge Funds Embrace the Public Cloud?

With public cloud providers updating their offerings to meet the needs of different businesses, feature enhancements such as robust security controls have shed the public cloud’s image as an unstable environment.

Cloud

Public clouds offer a simple way for hedge funds to reduce costs by eliminating on-premises hardware and software expenses. They also provide instant scalability so that hedge funds can grow or shrink resources in real time without having to worry about capacity constraints. Finally, they allow hedge funds to focus on what they do best – investing – while leaving infrastructure management tasks like patching and upgrading up to the experts at AWS.

Related:- How to Protect Your Legal Firm’s Data from Potential Disasters

• Vast Network of Partners and Service Providers

Amazon Web Services has more than 2,400 service partners and 650 AWS-certified technology providers. These businesses offer tools that help hedge funds optimize their workloads in the cloud. For example, they can help run high performance computing jobs at scale to generate artificial intelligence algorithms or forecast daily market moves using advanced statistical models. Best of all, the majority of AWS partners offer free trials so that hedge funds can try out products for a few weeks before making an investment decision.

Low Startup Costs

Many hedge funds start out as startups because it’s often easier to raise money from small investors when you don’t have the overhead costs associated with running a brick-and-mortar You know the benefits of moving to the public cloud, but don’t have the time or knowledge to implement it

You’re managing application downtime and security incidents on a regular basis. Why not move your apps to a cloud provider? 

Reduce infrastructure costs with scalable virtual machines. Leave expensive hardware purchases behind!

Related:- Preventing Insider Threats to Your Company

Click this ad right now and sign up for a free trial of Amazon Web Services!

Cloud computing has been the buzzword for a while now, but it seems like public cloud providers are finally stepping up their game in order to meet businesses’ needs. With increased security features and more robust offerings, public cloud is no longer seen as an unstable environment. You can still take advantage of this trend by partnering with one of our experts today!

Preventing Insider Threats to Your Company

There has been a significant amount of change across all industries over the last year or so. Among the most notable is the adoption of remote working practices. While most companies were forced to change due to the need for social distancing, many businesses and their employees have since recognized the benefits of adopting remote work for the long haul. It offers a notable productivity increase and a better work-life balance. There is also mitigation of the industrial consumption of fossil fuels, a reduction of greenhouse emissions, and even less commuter pollution – making it a more sustainable approach to work overall.

Threats

However, as is often the case, these benefits aren’t without their risks. Taking workers and their systems away from a strictly controlled commercial environment expands the potential for vulnerability. There have been concerted efforts between businesses and cybersecurity experts to help close these gaps. However, one of the underexplored areas of remote working is the potential for insider threats to cause disruption and damage.

With more businesses seeking to make the most out of remote operations, now is an excellent time to review how you can minimize the impact of negative insider influence.

Related:- How to Protect Your Legal Firm’s Data from Potential Disasters

What Are Insider Threats?

Before looking at the potential solutions, it’s important to gain a better understanding of the problem. When the term “insider threat” is used, it can be all too easy to have a kind of paranoid reaction that sees you treating your staff with disproportionate suspicion. The truth is, insider threats to cybersecurity in remote situations cover a few different areas.

Some of the more prevalent include:

  • Worker or Contractor Malice – The majority of cybersecurity issues from within are unlikely to be malicious, but it is still a possibility. This may take the form of financial incentive to steal from the company – either directly through electronic embezzlement or theft of assets such as consumer or business data. It can also involve contractors working with your systems who may have ulterior motives to steal, or simply disrupt operations. In remote scenarios, this risk is exacerbated due to greater worker autonomy and less supervision.
  • Worker Pawns – Your remote workers may not be directly intending to harm your business, but other bad actors may use them as a tool. This can take the form of a cybercriminal sending them an email attachment that infects the system, or even posing as a member of the support team and requesting they undertake actions that give a criminal access to the network. In remote scenarios, it could even be workers leaving their laptops unattended in a public place in a way that allows others to take advantage.
  • Insecure Behavior – There are a lot of unknowns in cybersecurity, but we do know that employee behavior is the most common form of insider threat that businesses face. It involves taking actions that leave the company exposed to data leaks, infection, or unauthorized access. In remote operations, this threat is particularly prevalent as employees are in less formal surroundings and often using their own devices or software.

Embrace Cybersecurity Education

Education is one of the most important tools in preventing insider threats to your company. It helps to tackle a wide range of the issues you face and empowers everybody to be safer.

Your approach here must include:

Threat Recognition

One of the reasons that insider threats are so damaging is that employees and management don’t always recognize when it is happening. This means that by the time issues are noticed, there has already been significant disruption. Work with your information technology (IT) department or a cybersecurity consultant to understand the early signs of threats. Provide all employees with training on how to spot these and how to act.

Employee Reviews

As the workplace is changing, now is an excellent time to review the level of threat risk that your remote employees and contractors present to your business. This doesn’t mean acting invasively or with undue suspicion. Rather, create a persona analysis that establishes risks by role, environment, department, and such. This then allows you to have information about the current risk level of each employee and what preventative measures need to be implemented to suit their situation.

Related:- Remote IT Support Delivers Proactive Solutions

Behavioral Training

You need to commit to providing regular training that mitigates the potential for employee behavior to be the source of insider threats. This shouldn’t just be dictatorial, but rather to help them to understand how their actions can affect operations. Focus on practical steps such as keeping their computers safe through the selection of strong passwords, updating software and operating systems, and using firewalls. Provide them with tools such as virtual private networks (VPNs) that they can use away from the office, and guidance on why these work. Don’t make this a one-and-done situation, either. By making it a continual aspect of their development, you reinforce what is expected of them. Apply Vigilance Keeping safe from insider threats is often best applied by creating a framework of constant vigilance. These are tools and processes which are in place to prevent, catch, and respond to issues before they get too unwieldy. This framework should take into account:

  • Policies – Your policies may seem like a simple matter, but they also play a role in ensuring that required security actions are documented and followed through. Ensure that there are specific behavioral, equipment, and network guidelines that are provided to all staff at the onset of their employment. Provide updated versions when their roles or the situation – such as shifting to remote work – change. Make these part of employee performance reviews, too, to cement their importance.
  • Hiring Practices – Vigilance must be applied to who you bring into your organization. One of the key insider threats comes from the insider-as-a-service model, which is when bad actors are part of an organized recruitment network with the goal of infiltrating companies and sharing sensitive data. Each time a candidate is considered for a role or for a promotion that changes their risk persona, there must be efforts to make a fair assessment of their background, their connections, and how this impacts their risk.
  • Network Controls – Since the network is how bad actors access sensitive company data, there must be vigilance concerning access. Where possible, avoid giving direct network access to files. Particularly if employees are working from home or using mobile devices, adopting secure cloud platforms to store and share project work can be an effective solution. This also tracks when files have been accessed or altered by certain employee accounts.

How to Protect Your Legal Firm’s Data from Potential Disasters

If all of your company information protect were kept on paper and stored in file cabinets, you could face some serious problems. A flood, a fire, or even a break in could result in the loss of everything.

Protect

Today, we think our data’s safe because it’s stored in the cloud. But you still need to take precautions to ensure that data, especially personal or legal data, is safe. Here are a few tips.

Related:- The broad spectrum of information security

Plan for the Unthinkable 

There are many risks that you need to consider before you decide how to manage your client’s information. Dishonest employees, nefarious hackers, and organized cybercriminals steal legal data all the time. When planning your data management, consider the following risk management steps.

  • Factor in potential risks to your data and take steps to address those risks. Find out what risks are common to legal firms and think about the risks your business has already managed. Take steps to mitigate potential risks and ensure plans are in place if a situation does arise.
  • Research your options and the best ways to secure your data. For example, you can store information on site, archive it and store it remotely, or hire a public or private cloud storage service. The most secure option is leveraging a hybrid or private cloud storage that can provide encryption.
  • Account for human factors and errors. Data can be erased or stolen, hackers can break in, and computers can crash. Consistent monitoring and secure backup is essential to maintaining security and business continuity.
  • Make everything systematic and structured. This should extend to data management as well, so you can locate, retrieve, and use your electronic data more efficiently.

Related:- Remote IT Support Delivers Proactive Solutions

Secure Your Data 

Once you’ve listed potential risks, look into cloud solutions and weigh the benefits. Your client’s information is vital to the future of your business, so be sure to take the following steps:

  • Choose the best data storage plan for your needs. Determine whether you want a public, hybrid, or private cloud option. Choosing any of these environments largely depends on the type of data you’re working with and the level of security and control you desire. Cloud Carib’s private cloud service includes setting up an on-premise private cloud in a dedicated secure location or if private cloud is too costly then perhaps one of our CaribPod locations throughout the Caribbean to leverage a hybrid option. .
  • Schedule regular data replication. Replicating data from your computer system or local office to the cloud is easy with the right software. Hosted cloud services include replication software with the service.
  • Monitor security for your law firm. For the most secure organizations security must be defined in layers.  Ensuring your firewall software is up to date and that you are using encryption for outgoing legal data is a great start.
  • Review your data management plan frequently to manage risk. Evaluate the risks you’re guarding against and check for new risks that have cropped up.  Regular audits are important.

When you select a cloud service provider, you’re trusting that company to keep your data in secure servers in a data center with multiple levels of security. Cloud Carib offers secure private data storage in the Bahamas. Contact us today to learn more.

Remote IT Support Delivers Proactive Solutions

With information technology and cybersecurity threats both evolving daily, organizations struggle to secure vital assets and maximize productivity. A widening cybersecurity skills gap further complicates the scene.

Proactive

Harnessing the power of remote IT support allows even small businesses to benefit from enterprise-grade solutions.

Flexible Options to Meet Varied Business Needs

Managed services providers (MSPs) offer a wide variety of solutions customized to specific business demands. For example, an organization with an established, in-house IT department may contract with a service provider to support a specific software platform. Alternatively, the MSP may provide communications services or facilitate cloud migration.

Additional services include options such as help desk support, business continuity planning, network management and security as a service. And for organizations without in-house IT, the MSP can provide the full range of IT services remotely. This flexibility and personalized service make IT services a popular option for outsourcing.

Related:- 4 Measurement Pitfalls to Avoid in IT Metrics

Increased Security and Productivity with 24/7 Monitoring

One of the key benefits of engaging remote IT support involves proactive monitoring and maintenance of the network, whether on-premises or in the cloud. The MSP will ensure that your software and hardware stay up-to-date and protected. Furthermore, 24/7 monitoring means quicker issue resolution and less downtime.

For example, proactive network monitoring will provide customizable alerts to warn you of anomalies that may indicate a security threat. Monitoring can also provide early indications of performance issues. In both examples, the early warning means technicians can often address issues before they evolve into major incidents.

Remote Worker Support

This round-the-clock support applies even to a workforce spread across multiple offices. In most cases, MSP technicians can provide support over high-speed internet, via live chat and remote access technology. With an estimated 25 percent of knowledge workers working remotely, this ability plays a crucial role in maintaining productivity.

Related:- The broad spectrum of information security

Experts at Your Service

Managed services options have changed the playing field for small to medium businesses. For instance, a small business in a rural area might have difficulty hiring an experienced IT professional in-house. But with an MSP, that same business can tap into the skills of an entire team of experts, with a variety of skills at their disposal.

For instance, through an MSP, businesses gain access to certified security professionals, highly qualified network engineers and cloud migration experts. With this experience at the table, the service provider can quickly diagnosis issues and implement applicable solutions. Without having to resort to trial and error, the organization quickly returns to productivity.

Cutting Edge Technology at a Manageable Cost

In addition to expertise, managed services also make enterprise-grade technology an affordable option. In the traditional IT model, businesses took on significant capital expense to build and maintain a network of servers. Now, the MSP manages the infrastructure, providing access to cutting edge hardware and software solutions that support evolving business needs.

Best of all, MSPs typically provide these services for a flat monthly fee. With no capital expenses or surprise maintenance fees, budget planning becomes much easier. Additionally, with managed services, businesses pay only for what they need, scaling services up or down as needs fluctuate.

Explore Remote IT Support Offerings

Organizations looking to take their business to the next level should research carefully as they choose an MSP partnership. Look for a remote IT support provider that offers the experience and services to complement identified business needs.

eMazzanti offers a comprehensive range of customizable services designed to improve IT performance, strengthen cybersecurity, grow revenues, and increase productivity. From cloud-delivered security solutions to Microsoft 365 optimization, managed network services and more, we deliver the expertise you need.

The broad spectrum of information security

In this rapidly changing world, well-organized, precisely documented and secure information systems are vital for any successful operation. It is equally important to work within strictly defined frameworks while retaining the flexibility to deliver the level of security required by your organization.

information

Organizations can improve efficiency and strengthen their reputation by focusing on information security and quality management.

Information technology and the Internet in particular have opened up a whole new field of possibilities. An example of this is the Internet banking environment, where people can now do all their banking business without walking into a bank. The generation of children growing up now may never

need to enter a bank building. Another example is the ability to communicate with authorities through the Web, such as organizing and querying tax returns and service applications with a local government. This development will continue to happen and the result will be that more and more people will have access to an ever-growing service portfolio across various sectors, including the health sector. Health records, for example, are already kept in an electronic format, enhancing accessibility and flexibility of usage.

Related:- 4 Measurement Pitfalls to Avoid in IT Metrics

These developments all have their benefits; however they also have their drawbacks, especially in terms of information security and data protection.

Implementing information security standards

The scope of such international security standards as ISO 27002 and ISO 27001 are not exclusively limited to addressing the regulation of just information systems. They also cover all related work and equipment. Consequently, the ways in which users should use the information and systems available to them must be defined. One of the most effective ways of doing this is by implementing information security standards, which help to address any security and data protection issues companies and organizations may face. Drawing up operating procedures is also important.

Businesses can also benefit from putting together a manual, which should contain, among other things, company policy, work procedures and processes. Ideally, the manual should also include all registered assets, processes and procedures in a comprehensive fashion, and incorporate points of emphasis, such as quality issues, information security and environmental security. In this way, management and employees can gain a comprehensive view of the entire business.

Related:- Virtual Private Network, Secure Connection Update

Implementing information security and adhering to international and respected standards reduces security breaches and the disruptions they cause to productivity and quality in trade and commerce.

Standards are formal documents that establish uniform technical criteria, methods, processes and practices. They are issued by respected global bodies, such as the International Organization for Standardization (ISO) and the British Standards Institute (BSI).

Certification is granted by a third party, which verifies certain operating procedures comply with the criteria specified in a standard. Gaining accreditation according to an international standard increases a company’s credibility and enhances its standing among its competitors.

Of course there are some that are critical of such certification standards, claiming that it requires a great deal of time-consuming documentation work. This may be the case, but it is equally important to gain certification. After all people do make mistakes, so it is often wise to seek assistance from a consultant outside of the company.

The majority of managers running a certified businesses state that they have benefited from obtaining such certification. Once a business is certified, it becomes easier to make improvements and the regular certification audits help managers find new opportunities. In the end, certification pays back in better management and better performance.

4 Measurement Pitfalls to Avoid in IT Metrics

According to industry experts, enterprises that do not measure and analyze their performance in a data-driven environment, risk falling behind their competition. Companies are prone to stagnate and miss opportunities for expansion without the consistent improvement enabled by accurate, insightful measurements.

Metrics

However, not all technological metrics are created equal, and a poor measurement strategy can be just as troublesome as none at all. In the hands of an inexperienced data scientist, even the best tools are meaningless, which is why modern businesses should have a well-thought-out assessment strategy related to business results.

Related:- How to Plan & Host an Incredible Virtual Event

4 mistakes in IT metrics and how to avoid them

When plotting metrics for a technology or product engineering strategy, here are four basic pitfalls to avoid:

Measuring too much or too little

When developing a technology metrics program, companies should consider their available resources as well as their organization’s ability to implement change based on data insights. Setting too many KPIs dilutes the impact of the most important measurements and makes it impossible to react to each data point. Over-measuring can also put undue strain on their tech/engineering teams, preventing them from focusing on the important metrics and activities.

Collecting too few measurements, on the other hand, can result in skewed or distorted results. Focusing on just a few performance measurements results in a lack of context, which means the insights gained from these data points could lead their company astray. Finding the correct measurement scope for the team entails coming up with a manageable figure that gives them a fair picture of their innovation apparatus.

Prioritizing efficacy above speed

Ultimately, the performance of a company is all about the bottom line. Are companies getting the most out of their ROI, generating revenues, and expanding their consumer base? Tech metrics should be developed to evaluate progress toward these outcomes, but all too frequently, the focus is on speed. Certainly, evaluating time-to-market has importance, but that value is diminished when the feature being released is defective or unimpressive.

Businesses should focus on quality rather than quantity-based metrics like velocity or lines of code; a suitable metric to assess performance quality could be the time spent on unscheduled work or rectifying earlier work.

Related:- Virtual Private Network, Secure Connection Update

Putting too much emphasis on local performance

While this is a problem that affects huge multinational corporations, it can equally affect small businesses. The most essential measure, in the end, is customer satisfaction; businesses should have a high-level view of this by tracking whether their service is working and whether their customers are suffering as a result of any errors or outages.

When teams focus too intently on individual performance rather than team performance, or on the success of a single office rather than the organization as a whole, they sometimes overlook the forest for the trees. Businesses should keep focused on the end goal and monitor their progress accordingly.

Failure to connect the output and the input

It’s natural for dev teams to focus on outputs, such as the quantity, quality, and speed with which features and tools are created. However, it’s critical to consider these metrics in the context of the inputs that came before them. How much money was spent to achieve a specific result? How much attention from developers was needed, and how many company resources were employed to achieve the goal? Measuring inputs allows teams to detect waste throughout the development process, allowing them to refine the system as a whole and improve ROI, as a result.

Virtual Private Network, Secure Connection Update

One important change in everyone’s lives since we all got online around the turn of the century is that now, most of us move in and among a variety of wireless network every single day. We’re not just at home, with the networks we secured properly; we’re at work, at the doctor’s office, at the kids’ schools, at a friend’s house. Even in the supermarket, our phones tend to find at least one public Wi-Fi network.

Network

Of course, anyone concerned about privacy and security has at least considered using a virtual private network, or VPN. A VPN walls off your activity — from the thieves trying to get between you and your bank account and the advertisers that track your online movements, among others. And if for some reason you want to pretend that you’re from another country, it can make that happen as well.

Related:- How to Plan & Host an Incredible Virtual Event

How do you know your VPN is working?

A cornerstone of good Internet protection is inconspicuousness. You don’t see it working; it just quietly keeps you safe. Right in line with that philosophy, our VPN app, Kaspersky VPN Secure Connection, protects your security and privacy online, even on public Wi-Fi networks, and it does so automatically.

One problem is that an unstable connection can actually cause a VPN to stop protecting you — and you may go on oblivious. Another is those precious seconds between connections, when your device has initiated a connection to a hotspot but the VPN still has to activate itself anew.

Enter the Kill Switch

The most obvious improvement in the latest version of Kaspersky VPN is its new Kill Switch. When your connection is interrupted, the Kill Switch automatically blocks the device’s access to the Internet until the VPN connection is restored, thus eliminating the risks of using an unprotected connection.

Users of the premium Kaspersky VPN can switch the feature on in the software settings. With it active, users will be unable to transfer data unless the VPN is actively protecting the system. As of summer 2020, the feature is available for Windows and Android devices, with more platforms to follow.

Related:- The 8 Most Common Causes of Data Breach

More useful features

Of course, we didn’t just stop there. The newest version of Kaspersky VPN incorporates many changes, ranging from smaller to very noticeable. Here are the ones we deem the most noteworthy:

  • More servers. We now have physical servers in 24 countries around the globe (up from 18), giving you more locations to choose from as well as faster and more reliable connections.
  • Streaming everywhere. The paid version of Kaspersky VPN also includes a new option that allows travelers to access content normally available only in their home region. For example, if you like to watch US or UK Netflix shows while you’re in another country on business, you don’t have to wait to get home.
  • AES-256 encryption standard. This cipher encrypts the data in Windows and Mac versions with one of the the strongest encryption algorithms available.
  • New design. We’ve improved the UI and UX to make using the app is easier and, perhaps, more enjoyable. You’ll also find tutorials for features that may not be clear at first glance.
  • Dark mode. It’s 2020 and dark modes are all the rage, so we just couldn’t resist: as of summer 2020, dark mode is available in Kaspersky VPN for macOS and Android.

You can download the new version of Kaspersky VPN for PC, Mac, Android, and iOS here. The free version includes up to 300MB of daily data throughput per device; the premium version removes that limit and provides the new functions listed above.

How to Plan & Host an Incredible Virtual Event

With stage events coming to a dramatic halt during the COVID-19 pandemic, event planners and speakers are forced to pivot. To stay agile during this uncertain time, many companies are beginning to host virtual events.

Event

But for some event planners and speakers, this will be their first time presenting digitally. It’s a whole new playing field— and some of the normal rules of the physical event game are changing to accommodate virtual hosting.

Whether you’re new to planning digital events online or not, these tips can help you kick your digital broadcast up a notch:

1. Pick the right speaker and host.

This is without a doubt the most important element of planning and hosting an incredible virtual event: booking incredible talent. Your speaker and host are the driving force behind your show. The audience wants to feel entertained, and the people you hire need to translate their charisma and wisdom across the screen.

Remember, as the event planner, you could do all the right things to guarantee a fabulous event— but no matter how much work you put in, a bad speaker means your event will likely be a flop. 

When looking for the right speaker and moderator for your digital webinar or conference, be sure to consider their previous virtual experience (not just their stage work), their ability to create appealing visual content that translates well over listeners’ computer screens and these other important factors found on our blog.

Check out our recommendations for speakers bureaus to start your hunt here.

2. Recommend that your speaker incorporates interactivity.

It’s common for big-name speakers to have their own presentation decks already prepared. When screening talent, don’t be afraid to ask if they would do a private run-through with you to help make a final decision.

It’s during this time that you can test how flexible the speaker would be to making necessary adjustments that’ll promise a better event. If a speaker is too attached to their deck to incorporate fun activities to entertain your digital audience, you may want to continue your search.

Games and interactive presentations that involve your listeners help to foster friendly competition, promote play, create a sense of teamwork, and more. These are all wonderful ways to breed connections amongst your audience! Plus, there’s a neuroscience benefit for incorporating gamification in presentations. These active tasks require engagement with attendees, instantly sparking their attention and helping them invest in your content.

Related:- 5 Reasons To Adopt Cloud During The Pandemic

3. Prepare technical safeguards.

If this is your first virtual event, consider the factors that make hosting a physically-staged event much different from hosting a digital one.

Meeting Software

For a webinar or virtual broadcast, you’ll need meeting software to host the streaming URL. Be sure you’re choosing a secure platform that’s easily accessible to all of your attendees. Also, double-check that your speaker, host and event planning assistants are familiar with how it works prior to going live. This way, you’ll be more confident to troubleshoot any technical issues.

Internet Connection

Ensure your speaker and host have proper safeguards in place to keep their Internet connection stable during the broadcast. If they’re streaming from home, ask how they can guarantee readiness should their WiFi fail. A good speaker or MC should have a back-up hotspot to keep a steady connection under any circumstance.

Presentation Deck

Also ask your speaker to prepare a back-up plan should there be technical issues with visuals. Should their slide deck experience problems, can they keep the event going with just a webcam on their face? This may mean pulling up notes on their screen or having a print-out of their deck on hand to lead with confidence, despite a technical bottleneck.

4. Heavily promote the event.

No one will attend an event they haven’t heard about. When it comes to virtual events, you can certainly promote your event via traditional ads and through word-of-mouth, but your biggest asset will likely be digital promotion. Remember that the type of person attending a virtual event is probably a digitally-savvy individual, so target them as they scroll.

Take to social media with creative promotional campaigns a few weeks before the big day. Tease information about your speaker’s background, the chosen topic of the talk and even consider generating countdown graphics to post three days leading up to the event. Send out email blasts to your contacts to promote sign-ups, run targeted paid ads— whatever you can do to spark interest online.

Don’t forget about the post-promotion to keep people engaged long after the stream as well. Consider making the recording of the talk easily accessible on your digital channels. Collaborate with your speaker on creating take-away resources for your listeners, such as a downloadable summary of highlights, allowing access to the slide deck, or sharing additional resources listeners can check out to learn more.

Related:- The 8 Most Common Causes of Data Breach

5. Choose the right time and date.

Every niche will have different recommendations for when it is ideal to schedule your webinar or virtual conference. 

For instance, in the cyber security industry, broadcasts on a Tuesday or Wednesday between 11 a.m. and 1 p.m. typically show excellent attendance and engagement. It’s right around lunch break, so workers can attend over their scheduled lunch should their employer not allow attendance on the clock. Make sure you research your audience in order to target the time for a live-stream.

6. Set the tone while guests wait on the meeting link.

Once the big day arrives, it’s your job to ensure the guests waiting on the meeting link are preoccupied by appropriately instructing the moderator. Don’t keep listeners hanging in silence on a blank screen. If you don’t immediately set the tone, guests could hop off the link. Unlike walking into a room with other seated guests at a stage event, virtual events are easier to leave without judgment.

Play upbeat or relevant music as the audience waits for the speaker and display your company’s and the speaker’s social handles to encourage attendees to follow your brands online. 

Wait a good five minutes after the clock strikes the magic hour to allow late-comers to trickle in. It’s during these few minutes that your MC could go over what the audience can expect structure-wise for the presentation, how long it’ll be, if there will be Q&A and if they should hold their questions until the end, etc.

The 8 Most Common Causes of Data Breach

It seems as though not a day goes by without a headline screaming that some organisation has experienced a data breach, putting the business – and its customers and partners – at risk.

Data Breach

To keep your own organisation out of the news, it’s important to understand the most common causes of data breaches and what you can do to mitigate the threats they present.

1.    Weak and Stolen Credentials, a.k.a. Passwords

Hacking attacks may well be the most common cause of a data breach but it is often a weak or lost password that is the vulnerability that is being exploited by the opportunist hacker. Stats show that 4 in 5 breaches classified as a “hack” in 2012 were in-part caused by weak or lost (stolen) passwords!

2.    Back Doors, Application Vulnerabilities

Why bother breaking the door down when the door is already open? Hackers love to exploit software applications which are poorly written or network systems which are poorly designed or implemented, they leave holes that they can crawl straight through to get directly at your data.

Related:- 5 Reasons To Adopt Cloud During The Pandemic

3.    Malware

The use of both direct and in-direct Malware is on the rise. Malware is, by definition, malicious software: software loaded without intention that opens up access for a hacker to exploit a system and potentially other connected systems.

4.    Social Engineering

As a hacker, why go to the hassle of creating your own access point to exploit when you can persuade others with a more legitimate claim to the much sought after data, to create it for you?

5.    Too Many Permissions

Overly complex access permissions are a gift to a hacker. Businesses that don’t keep a tight rein on who has access to what within their organisation are likely to have either given the wrong permissions to the wrong people or have left out of date permissions around for a smiling hacker to exploit!

6.    Insider Threats

The phrase “keep your friends close and your enemies closer” could not be any more relevant. The rogue employee, the disgruntled contractor or simply those not bright enough to know better have already been given permission to access your data; what’s stopping them copying, altering or stealing it?

Related:- Applications of IoT in Manufacturing Plants

7.    Physical Attacks

Is your building safe and secure? Hackers don’t just sit in back bedrooms in far off lands, they have high visibility jackets and a strong line in plausible patter to enable them to work their way into your building and onto your computer systems.

8.    Improper Configuration, User Error

Mistakes happen and errors are made.

Simple Solution: With the correct professionals in charge of securing your data and the relevant and robust processes and procedures in place to prevent user error, then mistakes and errors can be kept to a minimum and kept to those areas where they are less likely to lead to a major data breach.

For a more comprehensive explanation of all the information explained above, as well as a more detailed look at some of the ways to prevent your business from falling foul of these common causes of data breaches, read Information Weeks The 8 most common causes of data breach.

5 Reasons To Adopt Cloud During The Pandemic

The unpredictable pandemic has forced various business sectors to shift their workforce and adopt work-from-home culture overnight. Every ongoing business process switched its operations entirely online within a blink of an eye.

Although the global pandemic has jeopardised the world’s economy, some businesses are still able to sustain, even thrive, with the help of advanced technologies such as Cloud computing.

Adopt

According to research, since the majority of employees are working from home, cloud adoption has shown substantial growth. In 2018, the global market for cloud applications accounted for $118.7 billion and anticipated to reach $437.9 billion by 2026. That’s impressive.

Cloud computing is a notable uptick in the technology where one can accelerate business operations effectively without interruption.

Related:- Applications of IoT in Manufacturing Plants

Reasons to Accelerate the Push To Cloud Services During This Pandemic

Cloud is the saviour amidst pandemic.”

Over the past few years, organizations have embraced a series of technology innovations- Artificial Intelligence, Big Data, Blockchain technology, etc. that have made the business processes effortless with fewer investments. However, all these technologies work optimally only when combined with the cloud platform.

So, when companies transition to the cloud, they are eventually improving the digital experience instantly by adopting the latest technologies.

Let’s dig deeper into the reasons to adopt cloud during the pandemic. 

1.  Business Continuity and Disaster Recovery

By adopting the cloud, you gain business continuity that can prove beneficial during unusual circumstances like we are all experiencing with the pandemic. Business continuity means that you can maintain business operations as usual, even if you are in a different location from the team members.

Another boon to adopt cloud platform for business continuity and the need to embrace cloud entirely occurs within the practical unpreparedness of business for such unusual and sudden events where conditions like lockdown appear.

“Preparing to store data now on the cloud means planning data availability for the future.”

It means if you plan to store your data on the cloud today, you are eventually planning to have its availability even after something inevitable happens like a disaster. Disasters can be of any type- cyclone, tornado, or merely a power outage. A natural disaster cannot be retrograded; hence, having a cloud-based platform can mitigate the risk of data loss.

When the data is stored in the cloud-based servers, it comes up with backup planning. Data can be backed up even at the time of disaster to enable day-to-day operations without a stop.

2. Flexibility and Scalability

Due to the pandemic, the fluctuation in the business demands is quite evident. When businesses get impacted due to a natural crisis, it becomes hard to predict the growth of the business. In such cases, companies tend to analyze the present resources allocated and the future resources needed to run the business.

This is where companies can take full advantage of the cloud. Cloud offers high-level flexibility to scale the resources needed according to the demands of the business. The business might have a progression point during a few months, and the demand may also take a downturn after a few months.

During the progression period, there will be a need to add more users and storage space while working from home. Cloud service providers can scale it accordingly without having to purchase hardware or a new set-up.

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3. Collaboration and Accessibility

The effect of the pandemic has led offices to shut down in the short-term, but who knows if the results will be long-term. After all, it has already been more than half a year. The recent work-from-home spike indicates the companies will need to manage teams entirely remotely.

In such cases, messaging apps and tools must not be the only thing at your disposal. For instance, if you are an accounting-centric firm, you may require to be in touch with the clients for sharing updates. Not only accounting firms but any other business that needs to be in constant contact with customers may need better collaboration solutions.

Sharing documents is tough, but not when you host on the cloud. Cloud adoption enables businesses of all types and sizes to work on the same file simultaneously anywhere around the world, making communication among the team members much more manageable, minimise the latency in work, and restrict real-time access to a limited number of users.

4. Cybersecurity

Security in any company is the primitive concern, and any intervention- cyberattacks, malicious attacks, etc. may hamper the business operations. Cyberattacks have always remained as a serious threat to the increasingly digital business world, and the pandemic is only worsening the problem.

No matter if you are working from home or office, security threats can never be taken care of if proper strategies are not implemented.

When the business data is stored in the cloud, the cloud service provider makes sure the information is secured under multiple layers of security, giving the company the best security platforms, detecting and eradicating the threats in real-time.

5. Reduced Overhead Costs

Every organization has a planned budget, and the basic principle demands to operate within the allocated budget to drive profitability. Moving along with the account requires the adoption of cost-effective business solutions.

When organizations set up their on-premise infrastructure, the cost of deployment, and the cost incurred in managing the infrastructure is much higher as compared to what cloud computing service providers offer. The cloud itself means using someone else’s computer.

Cloud adoption has an altogether different economic profile. Cloud enables organizations to cut down overhead costs like the cost involved in purchasing the local software, servers, and IT professionals who manage the systems within the office.

Cloud computing services reduce the costs by many factors or more when compared to individual corporate operations. At this pandemic time, the maintenance of on-premise infrastructure becomes difficult, and this is when cloud service provider infrastructure can be of great help.