August is often a time for vacations and a break from routine. However, for cybersecurity professionals, August can be a busy month as cybercriminals exploit the potential for relaxed vigilance. This blog post will explore some of the most common cybersecurity threats businesses should be aware of in August and beyond. Top August Cybersecurity Threats […]
Recovering from a Financial Services Hack: A Guide for Businesses
Cybersecurity threats are a constant concern in the financial services industry. Recent high-profile hacks highlight the importance of having a well-defined recovery plan in place. This blog post will guide your business through the recovery process following a financial services hack, focusing on minimizing damage and protecting customer data. What to Do Immediately: Contain the […]
How Hedge Fund Managers Should Handle a Data Disaster
Data is vital for many businesses as it drives decision-making and strategy development, particularly for hedge funds. However, this critical asset is vulnerable to various threats, from cyber attacks to natural disasters to internal system failures. The inevitability of a data disaster is not a question of “if” but “when.” So, as a hedge fund […]
Business Continuity vs. Disaster Recovery: What’s the Difference?
Business continuity and disaster recovery are two terms often used interchangeably in the business world. While both share the objective of keeping a business up and running, there are some key differences. Ideally, an organization should have both a business continuity and a disaster recovery plan in place. The main purpose of a business continuity […]
What Is a Business Continuity Plan?
Cyberattacks, equipment failure, human error and other disasters can force a business to shut down unexpectedly. The ability to continue operations during an unplanned event is critical to an organization’s long-term success. A business continuity plan (BCP) is a proactive business process that enables businesses to understand their potential weaknesses and threats in times of […]
The Benefits Of Disaster Recovery Services
Disasters that affect data and IT systems represent a significant threat to all organizations. A natural disaster, power outage, equipment failure, fire, or another catastrophic event could result in lost revenue, equipment, operations, and productivity. According to FEMA, 40 to 60 percent of all small businesses never reopen following a disaster. Although it is not […]
What is the Disaster Recovery Process?
Disaster recovery plans aim to keep a company up and running through all types of interruptions, such as IT system crashes, power failures, natural disasters, and supply chain problems. When disruptive events occur, businesses can suffer a significant financial loss. The average cost of IT downtime is $5,600 per minute, according to Gartner, Inc. A […]
What Should Be Included In A Disaster Recovery Plan
No business is completely immune to disasters. From floods and wildfires to cyber-attacks and hardware failures, an unexpected disaster could put a business at risk for costly losses and reputational damage. When disaster strikes, a disaster recovery plan (DRP) can enable businesses to recover quickly by having a practical plan in place. What Is A […]
Disaster Recovery Plan Checklist
When a business experiences any type of unexpected disaster, they risk losing money and customers. Depending on how the business handles the disaster, they could even suffer reputational damage. A disaster recovery plan is a documented process that aims to help organizations recover faster after a catastrophe. Disaster recovery plans should address all types of […]