3 Reasons to prepare a business continuity plan

3 Reasons to prepare a business continuity plan if you haven’t done so already A business continuity plan is the blueprint you need during an emergency to keep your business running smoothly. If you don’t already have one, here are 3 key reasons why you should focus on creating one ASAP. It helps retain clientsAs a business, if you have problems functioning, it will definitely affect your clients. For example, if your servers are down or your supply-chain mechanism is affected or your delivery process breaks, you won’t be able to fulfill your promise to your clients. Even worse, in some situations you may not even be in a position to communicate about the crisis to your clients adding to their frustration. A business continuity plan addresses these issues beforehand and can help reduce client dissatisfaction. Salvaging brand image and reputationThere are certain events that end up affecting only your business. For example, ransomware attacks, virus attacks, data leaks, etc., Having a business continuity plan that caters for such events can be a blessing in times of such crisis. Minimizing revenue lossA business continuity plan can minimize the revenue losses that occur as a result of a crisis that interrupts your business operations. In short, a business continuity plan helps minimize the impact of the crisis on your client relations, your brand image and your revenue by equipping you with a plan to handle the situation...

Business continuity planning: A must-have, not a luxury

Business continuity planning: A must-have, not a luxury Business continuity planning is not an alien concept anymore. In recent times we have witnessed a lot of events that only serve to further intensify the need for business continuity planning. Examples include natural calamities like hurricanes, floods, wildfires, events like terror attacks or even pandemics like the recent Covid-19 outbreak. While a business continuity plan cannot completely safeguard your business from all these events, it can certainly minimize the damage inflicted on your business. Top business consultants urge their clients to develop a business continuity plan as they consider it a part of the best practices for running a business. A business continuity plan can make the difference between survival and shutdown of a business during a crisis situation. What is business continuity planning?Business continuity planning is the process of creating a blueprint that helps your business respond and recover effectively from an unforeseen mishap. As discussed before, the unforeseen event could range from natural disasters to pandemics, or even accidents that affect just your place of business like a fire or even a cybercrime attack directed at your business in particular–basically, any event that can paralyze your business. A business continuity plan serves as a step-by-step guide that you can follow during an emergency to keep your business running smoothly. True, a business continuity plan is not a sure shot method to survive a crisis, it won’t instantly eliminate the impact of the disaster, but it gives you the best chances of survival. If you are not sure of what a good business continuity plan entails , you can...

3 steps you can take to protect your data in the Cloud

3 steps you can take to protect your data in the Cloud Moving to the Cloud offers tremendous benefits for SMBs that range from lower IT costs to any-time access to data and certainly more reliability in terms of uptime. But, data in the Cloud is also vulnerable to security threats just like the data stored on physical servers. This blog discusses 3 things you can do to protect your data in the Cloud Secure access: The first step would be to secure access to your data in the Cloud. So, how do you go about it? Safeguard your login credentials-your User IDs and passwords-from prying eye. Set strong password policies that are practiced across the board and educate your employees about good password hygiene. Also, do you have employees using their own devices to access their work-related applications and documents? Do you have staff working from home? Then, you also need to formulate strong BYOD (Bring-your-own-device) policies, so these devices don’t end up as the entry point to cybercriminals. Educate your employees: What’s the first thing that pops into your head when someone talks about cybercrime? You probably picture some unknown person, a tech-whiz sitting behind a computer in a dark room, trying to steal your data. But, surprising as it may seem, the first and probably the biggest threat to your data and IT security in general, comes from your employees! Malicious employees may do you harm on purpose by stealing or destroying your data, but oftentimes, employees unwittingly become accomplices to cybercrime. For example, forwarding an email with an attachment that contains a virus, or clicking...

Things to consider before switching to the Cloud

Things to consider before switching to the Cloud More and more businesses are switching to the Cloud to store their data and rightly so. The Cloud offers numerous benefits over the traditional, physical on site server. For example, Anytime, anywhere access to your data: Information in the Cloud can be accessed from anywhere using an internet connection, unlike in the case of traditional servers, where you need a physical connection to the servers Significant cost savings: You cut hardware costs, because the Cloud follows a ‘pay-as-you-use’ approach to data storage SaaS compatibility and support: The Cloud allows the use of Software-as-a-Service since the software can be hosted in the Cloud Scalability: The Cloud lets you scale up and down as your business needs change 24/7 monitoring, support, and greater access reliability: When your data is in the Cloud, the Cloud service provider is responsible for keeping it safe and ensuring it is securely accessible at all times. They monitor the Cloud’s performance and in the event of any performance issues, they provide immediate tech support to resolve the problem Your big Cloud move: What to consider If you are considering moving to the Cloud, you will find it helpful to sign-up with an MSP who is well-versed with the Cloud. They can advise you on the benefits and risks of the Cloud and also offer the Cloud solution that’s right for you. In any case, before you migrate to the Cloud, make sure you are dealing with a reputed Cloud service provider who has strong data security measures in place. You can even explicitly ask them what security mechanisms...

Poison Attacks: A quick overview

Poison Attacks: A quick overview Smart technology is everywhere. Not just in our offices, but even in our day-to-day lives with tools like Google Home and Alexa becoming a commonplace. With technology becoming smarter every minute, the risks are increasing by the minute as well. Cybercriminals are finding new ways to corrupt our IT networks to disrupt our businesses, hold our data hostage and even clear our personal bank accounts. Some of the more overt, commonly known acts of cybercrime include hacking, phishing, and ransomware attacks. This blog discusses a lesser-known cybercrime–Poison attacks. What are Poison attacksPoison attacks are attacks on the ability of the system to make smart decisions. Think about this. How do systems make intelligent decisions? Based on the training or data they receive. This data is used to hone the artificial intelligence of the system to help make smart decisions. Poison attacks mess the very base–the training data set. Poison attacks basically skew the system’s data model in such a way that the output is no longer as intended. They create a new normal for everything. Poison attacks are primarily backdoor attacks. In a backdoor poison attack, the attacker creates a loophole in the core data rule and trains the system to adhere to that rule so it can be exploited at a later time. For example, let’s say, the access control for a particular file is set such that it will allow only those beyond the VP level to view the data. If someone changes the main parameter to include manager level in there, the core data set is violated and the system will...