IT Security

Tech Challenges for Small Businesses

Technology- the only valuable tool that allows small business owners to be confident about their existence in the industry and helps them compete with various other giant multinational companies out there. But with old school internet technology taking the backseat and advanced technology like IoT (Internet of Things) and artificial intelligence emerging as the new technology stipulations, rising expenses in the tech industry are seemingly expected. For startups, matching pace with big time players in their sphere can be challenging if they lack comparable resources. As per the information circulated by an independent research company called IPSOS, nine out of ten small businesses confirm that upgrading and maintaining costs of the business are a massive challenge for them. Moreover, merely 46 percent business owners quote that their budget seems to be sufficient for them to incorporate the same technical tools in their businesses that bigger companies use for their processes.

Whether you are planning to develop your current business or have just introduced one into the market, you focus is always expansion and profits. Although technology plays an essential role in fetching rich dividends for your business, it comes with certain challenges that act as roadblocks for smaller startups and businesses. Below is a list of some tech challenges that may resonate with small businesses.

  1. Poor Integration and Slow Network

One cannot be sure whether the new technology will integrate efficiently with the older applications or systems. As a result, there can be duplicate data entry and you might have to explore multiple places for essential information and several other inefficiencies. In addition, the slow network can affect the productivity and efficiency of the resources. However, systematic planning before implementing the new technology can curb this problem.

  1. Disaster and Backup Recovery Challenges

If you have experienced a server crash, power outage, accidentally deleted a file or faced any kind of data disaster in the past, you are probably aware of the importance of a dependable data recovery and a backup plan. Ensuring that you follow the disaster recovery procedures constantly can benefit you in times when such events take place as it will help you eliminate the expenses and downtime for recovery via various other resources.

  1. Security Risks

Nowadays, hackers are adopting sophistication and targeting smaller businesses. Imagine the level of impact you would face if the trade secrets, HR records, customer information, confidential documents, and highly important data gets hacked. This risk can be eliminated by opting for cost-effective suites comprising of IT security solutions and procedures. These suites are sure to pay remarkable dividends in the future.

  1. Strategic IT Planning Deficiency

Business leaders and Technology need to function parallel to drive in growth. However, this is not the case with many small businesses. While having bigger visions in their mind, business leaders sideline the power of technology not realizing that it won’t be possible for them to accomplish their growth targets if the technology does not get in their way. It is mandatory for businesses to perfectly align the technology and business plans so that the organization can scale higher without constraints.

  1. Measuring Technology for Better Economic Growth

It is essential to remember that a growing company will also grow in terms of IT requirements. You cannot proceed with ancient IT tools. As the company grows, the IT requirements grow too. Making software processes more efficient by expanding your team while upgrading the technologies that aid in the smooth functioning of your business can be a good idea. Seems too much, doesn’t it?

The problems mentioned above prove that Internet Technology is a vital part of every business. Effective IT management can benefit you in saving money and time thus helping you gain many competitive advantages.

 

 

 

7 Factors Which Indicates You Need To Invest In Data Security

Hacking or data getting stolen has become a major problem for businesses. Customers are losing trust on companies whose data are regularly getting stolen by hackers. In fact, customers trust only those companies or business who they know can store their personal data in a secure way. In fact, a study by Ponemon Institute on 674 IT professionals across USA and UK revealed that there is a serious lack of investment and awareness about how to respond in case of hacking from senior management. Let’s have a glance at a few signs that you must invest in data security.

Help Desk team is only dealing with password resets: In an organization, only a fraction of the total employees makes the help desk team. If most of the time they are only dealing with password resets and not dealing with other security issues then they are at risk to fall into the trap of hacker’s social engineering plan. Having a password reset program which works automatically enhances security and bring down the burden on Help Desk employees.

Lack of 2 or more authentication step: Companies’ data are at higher risk if your data can be accessed by only putting a password. To prevent passwords from being stolen or guessed, it’s important to have two or more verification steps before one can access the stored data.

Employees are not trained to deal with security breaches: Phishing is the most popular way by which hackers get access to the companies’ data. This can be prevented by making your employees cyber-responsible by doing awareness campaign and training them.

Obsolete infrastructure: If your company’s electronic devices are old and not upgraded from time to time then your company is at great risk of security breaches. So it is imperative to update your infrastructure and you must be aware of the number of times the device you are buying can be updated.

Success of your business depends on the data stored in your system: In this sort of cases, it’s a must to store the critical data of your business safely. The systems that access those data can never be down. You must invest in the security system and backup facilities so that your business is not hampered due to data loss or system failure. Healthcare and credit card related data are stored by your company.

Healthcare and credit card related data are stored by your company: When your company is dealing with these sort of sensitive personal information of common people then it’s a must that your system meets all the compliance related security requirements to avoid fines and embarrassment.

Company security system has been hacked in the past: If the data stored by your company has already been stolen once then it clearly indicates that something was missing in your security arrangement. If you want to avoid further embarrassment, it’s significant to invest in data security.

Cybercrime is the second most reported economic crime faced by the world and all most one out of three businesses fell victim to cyber crime in 2016. So, it’s important to make your business digitally secure by investing in tools and processes that prevent the data breach. Businesses having their data secured are the ones who are blossoming in today’s world.

Data Security

Data Security is Important- Why??????

Be it a small business or well-established one, data security is important for all businesses. Understand the importance of data security will help businesses to protect themselves from data theft.There are numerous reasons for considering data protection. Some of them are- minimizing financial loss, maintaining high levels of productivity and fulfilling customer needs. As the computer has become highly integral to business operations, data requirements from regulators have been imposed on businesses.We have compiled a few reasons why data security is important.

The Internet of Things

The Internet of Things (IoT) is a popular concept that offers incredible benefits to daily life but also imposes potential threats to security. As your electronics are connected to each other, there are more chances of cyber threats.

Spear Phishing

Spear Phishing is popular from last many years and it doesn’t imply that it’s less of a threat. It is one of the most harmful attempts to steal your information. This occurs when you receive an email from an enterprise that you know.

The Cloud

It’s no secret that cloud software becomes a blessing to businesses by providing a prompt way to exchange data without being physically present there. It is imperative to keep an eye on the services you’re leveraging the cloud to keep your data safe and secure.

Ransomware

Well, ransomware is less common in the IT world. But its impact is growing at a high pace and it may encrypt your data and lead to cybercrime. It is advisable to hire an IT security specialist to avoid an attack with ransomware.

Running your new business? Keep your information safe and secure. As cybercrimes grow more and more, you must hire a professional IT support company to help you keep your information safe and private.

Mobile Phones in Public Ports

Avoid Charging Your Mobile Phones in Public Ports For Privacy

All of us know the feeling when your battery is done but you have to answer business emails or collaborate with the office. That time, you may think of charging your phone in the coffee shop, mall, conference center, plane or airport wherever you are. Don’t forget that hackers can pull data from your phone at the same time. So, be careful while charging your phone at any public port. By charging your mobile in public ports, you give hackers a chance to steal your personal information. Keep in mind that the code you use to charge your phone is also used to send information from your personal phone to other devices. Data security must be an important area of concern for everyone from an individual to a small-business owner.

Following are few tips to protect your phone:
– Avoid using public charging stations.
– If you have to use public charging stations, don’t rely on dual use cables. You can use simple USB adapter.
– You should set screen mirroring function to “Off” on our mobile device.
– Keep your anti-virus and anti-malware up-to-date on your phone.
– Check your access permissions on your phone for privacy.

Despite the risks, people still do it. If you’re concerned about security, then stop using the public ports. And if you’re desperate to reply emails, make tweets or upload selfie, then take the risk on your own.

Maintaining privacy for your personal data is important than anything. Contact us for unrivaled data security solutions.

Scam Alert

IRS Warns of Last-Minute Tax Scams

With tax scammers robbing on the internet, it becomes difficult to hide oneself from money launders. As the year-end is approaching, every taxpayer, preparer and companies are active, and so do online scammers. Considering the amount of risk posed for online consumers, internal revenue service issued a warning lately, to tax professionals and citizens, to save themselves from online thieves. As per Forbes, there is a recent increase in online scams as scammers are using diverse ways to get their way into online money theft.

Internal revenue service urges tax preparers and individuals, submitting their online tax returns, to verbally reconfirm their information about last minute change in address or direct deposit funds. It is really important for tax filers to make sure their information is correct and not vulnerable for scammers.

In recent days, IRS has identified few infamous scams. A huge number of tax scammers have already hit big organizations, schools and companies. One such scam revolves around one malicious actor who poses himself as customer, calling his or her tax preparer about the refund not deposited in the account. In the process, the fake caller takes down all the important information and scams it.

This process does not stop here as they are not ignoring the other half of the equation. They have found the best way to dodge the customers and tax preparers. In this situation, the tax customer receives an email from their tax service provider asking them to update their online profile. These types of emails or notifications might have malicious attachment to obtain personal information.

It is essential to know that IRS would not ask for some personal information and below mentioned details too.
● IRS would not call or email verifying your identity by asking personal or financial information.
● They will never demand for immediate payment over the phone or will ask about the taxes you owe.
● Never demand to pay the taxes you owe through third party websites or e-transfers.
● Never threaten to immediately bring police for the taxes owed.
● Never ask for credit or debit numbers over the phone.

The IRS and tax regulatory bodies are doing best in their capacity to stop the online scammers by acting as a security summit. They have also enacted various safeguards in the interest of tax preparers and payers against identity theft for the year.

However, online scammers are always bridging their way to the security summit and breaching the security as a whole.These kinds of scammers use advanced technology to get access to divulging sensitive data from people. It is wise to be aware about the sensitivity of issue. The money might be small but if they get hands on to the bank accounts or personal details then it is easy for them to do identity scam and make you prey in eyes of law.

Keep your information safe and secure this tax season by making sure there is enough trustworthy communication between you and tax preparer and bank, if the situation demands, else, your safety is in your hands. Contact Nerds Support for data security and recovery solutions!