Earlier this year, I wrote an article entitled The IBM Power Trap that described how a series of decisions related to how you manage your applications and IBM Power can leave you stuck. A few people reached out to me with questions so I thought it might be appropriate to share a real-life story about one of our customers, we will call them Glass Corp International (GCI), that got caught in this trap and had to be rescued.
When security incidents originate within the organization, whether through malicious intent or negligence, these incidents are considered as coming from “insider threats.” A recent IBM Security Study, “The Cost of Insider Threats,” indicated that 77% of these threats are related to employees accidentally sharing information (either through negligence or theft). The study included 204 companies with 4,716 insider incidents and placed an average annualized cost of $7.37 million on these incidents. While these costs, may not reflect what a small or medium-sized business might experience, the bottom line is these incidents result in significant expenses to the companies that are attacked.
Have you ever wondered if colocation services make sense for your company? Consider this, Vertiv and the Ponemon Institute conducted a survey of 63 data centers, that had experienced outages, and found that 46% were caused by data center equipment issues such as uninterruptible power supplies (UPSs) and generators, 22% human errors, 22% cybercrime, and 10% were related to weather. By adopting a colocation strategy, you can dramatically reduce your business risk associated with each of these factors.
Working remotely isn't a new phenomenon, but what is new is everyone working remotely. With that sharp increase in remote workers comes several challenges. In a business-as-usual environment, the decision to begin a work-from-home program would take weeks or even months of planning. Once the plan was developed, the concept would be tested and slowly rolled out while leadership managed and monitored how it was changing the business.
This methodical, planned approach completely shifted with the pandemic. In March 2020, many companies took "work from home" from concept to production in a matter of days. This was done out of necessity, and it is likely that in the haste of immediate action, lots of details were missed. Now that work from home is a reality, here are three things that should be top of mind.
According to OWL Labs’s “State of Remote Work 2019” survey 30% of all full time employee are working from home up from 18% in 2018. What is unknown is how many companies have the capacity for larger amounts of people working remotely in the event of a disaster.
Disasters come in many shapes and size and as IT leaders, we have been tasked with developing disaster recovery (DR) plans that will minimize the risk for our companies. Through the years, this has meant getting good backups, making systems more resilient and reducing recovery time objectives. The focus on hardware and data has created systems that are very reliable but what many of these DR plans fail to consider is “how will my employees work if they are no longer able to go to the office?”.
“Ransomware damages are predicted to cost the world $11.5 billion in 2019, and $20 billion in 2021” according to ”Cyber Security Ventures 2019 Official Annual Cybercrime Report”. They go on to say that they predict that “a company will fall victim every 14 seconds by 2019, and every 11 seconds by 2021”. What many don’t realize is that these threats aren’t focused solely on large enterprises that can pay big ransoms, but instead take broad aim and seek to collect smaller ransoms from lots of companies. This focus on small to medium sized companies by hackers is often due to the fact that they have fewer security resources than their larger counterparts.
Is your business prepared in the event of a cyber threat? Worse yet, would you know how to react if something catastrophic were to happen to your company’s data. It’s a scary thought, however it’s important to have a plan in place to protect your business’s information. Thankfully, there are specific steps and custom IT solutions that you can implement to ensure your company’s data is as safe as possible. To get started, explore the 3 helpful tips below to better guard your data this year.
If you’re considering outsourcing some of your company’s IT responsibilities, we understand that the process of finding the ideal proactive data center partner can seem a little daunting. You may be wondering which specific elements to look for in a data center partner, or how to get started in your search. The good news is that we can help.
IT systems these days are so critical to the success of any business, but even with the conveniences afforded by technological advancements, many companies don’t have a disaster recovery plan in place should they experience unplanned downtime. According to the State of Global Disaster Recovery Preparedness Annual Report, 57% of IT professionals surveyed have had at least one system outage in the past three months and 60% of companies don’t have a fully documented disaster recovery plan. Organizations need to prepare for everything from natural disasters to cyber-attacks.
Historically, cost savings has always been a big factor behind data center outsourcing. Cost reduction will remain a key element driving the choice to outsource to a data center partner, but companies also realize the value of proactive services because of improved uptime, compliance, and reduced risks. According to various market reports, data center outsourcing is the most effective way to manage IT infrastructure, enabling organizations to focus on innovating their business. When you consider this and what others are saying, it’s actually hard to find a reason to keep all data center operations in-house.