Technology Unwrapped

A 2023 report by Cybersecurity Ventures predicts that midsize businesses spend about $826 to $653,587 on cybersecurity incidents. It further asserts that the costs of cyber crimes will reach an estimated $10.5 trillion by 2025. The constant increase in the cost of cyber attacks in business is a message for Chief Financial Officers to take adequate threat-detection measures so that their organization doesn't become victim to a security incident.

What are the burning technology topics in your organization? Now that artificial intelligence (AI) has been delivered to the masses and has everyone talking, both automation and AI are gaining traction. Whether it be staff expecting technology to perform to get the job done, or the C-suite strategizing a new way to impact their customer base to deliver productivity and stickiness, we all have opportunities when it comes to leading automation endeavors. The IT department has a lot to offer their ...

Artificial intelligence (AI) is an exciting frontier for businesses and, unfortunately, hackers. It is considered a highly beneficial tool for humankind. However, like humans, AI has a light and dark side to the force since both cybersecurity experts and malicious actors use AI to benefit their objectives and work. While AI and machine learning algorithms significantly benefit midsize businesses, it is crucial for business leaders to know what is happening and how it impacts their business. A ...

Ransomware is known to be one of the most potent cyber attacks that affect businesses of all sizes. While corporate networks and government organizations maintain stringent cybersecurity policies to discourage ransomware attacks, the attackers, ransomware gangs, have shifted their focus to small and medium-sized businesses. According to Ransomware Trends 2023, Q2 Report from Cyberint, there has been a significant surge in ransomware incidents in Q2 of 2023, a staggering 67% increase in ...

Organizations spend $150 billion a year globally on cybersecurity products and services. Yet, statistics show that phishing and other cyberattacks increase exponentially, with an estimated damage of $10.5 trillion annually by 2025, a 300% increase over a decade. A significant reason for this alarming situation is that employees need training to recognize and stop what is happening. Vulnerable and uninformed employees leave an easy path for malicious actors to infiltrate your organization's ...

As an IT Manager, is it a struggle to implement preventative measures to detect, respond to, and mitigate insider threats? If they materialize, the insider threats can result in financial loss, reputational damage, legal and regulatory non-compliance, operational disruption, and negative impact on stakeholder, customer, and employee morale. Helping others in your organization realize the importance of preventing and managing insider threats and getting behind your process can be challenging. ...

Almost every day in the news, business owners hear about data breaches compromising confidential information. Have you ever wondered what cybercriminals do with the sensitive data they steal? The stolen data is misused to compromise your online identity, make fraudulent purchases, and is sold to unauthorized third parties. Cybercriminals also use the stolen information to hack into other accounts you maintain to steal more information, data, and money without your knowledge.

Thanks to the incredible advancements in cloud computing, technology experts are recommending a move to cloud-based data collection and storage solutions for all kinds of reasons. Small businesses, though, have individualized needs and goals for their technology and question the one-size-fits-all approach of moving to the cloud. Cloud computing has empowered businesses of all sizes to achieve the following:

A hybrid workforce model offers the best of both worlds, bringing the flexibility and convenience of remote work with the collaboration and camaraderie of a traditional office. By creating a productive and engaged workforce, companies can give employees a healthy work-life balance while ensuring they have the resources they need to succeed.