In an increasingly connected world, hedge fund managers find themselves navigating a myriad of cybersecurity threats. Data breaches and cyber-attacks, once rare occurrences, are now an unfortunate reality of the digital age. Amid these threats, cyber security insurance has emerged as a crucial shield against the potentially crippling financial risks. Understanding Cyber Security Insurance At […]
7 Ways Managed IT Services Protect Hedge Funds Firms
As cybercrime costs are predicted to reach $8 trillion in 2023 and $10.5 trillion by 2025, businesses must prioritize cybersecurity. Hedge fund firms, facing unique challenges due to the sensitive nature of their data, can significantly benefit from partnering with managed IT services. This collaboration ensures robust protection and enhances overall resilience, helping firms navigate the […]
Cyber Security Threats That Target Insurance Companies
In 2022, global cyberattacks on corporate networks rose by 38% compared to the previous year, with the insurance and legal sectors seeing a staggering 47% increase. This alarming trend highlights the pressing need for robust cybersecurity measures in the insurance industry, which handles vast amounts of sensitive data. As cybercriminals continue to exploit vulnerabilities in […]
How Managed IT Helps Insurance Companies Stay Compliant
Insurance companies are increasingly turning to IT solutions in order to save costs and maximize efficiency. IT services can provide a range of benefits for insurance companies, from streamlining processes to managing IT infrastructure. With the right IT solutions for insurance, companies can reduce operational costs while also improving customer service. It is important to […]
Top Digitization Trends of Finance Companies
As the financial industry continues to evolve, IT services for finance companies are serving an increasingly important role in helping finance companies stay competitive. From cloud computing and data analytics to artificial intelligence (AI) and blockchain technology, there is a wide range of emerging technologies that have revolutionized how finance companies are able to do […]
5 Ways Financial Services Can Improve Their Servers
As financial services continue to evolve, IT solutions have to keep pace. Financial services companies must ensure that their IT infrastructure is up-to-date and secure in order to maintain customer trust. To do this, they must take a proactive approach toward IT solutions for financial services and be constantly looking for ways to improve their […]
7 Reasons Why Insurance Agencies Need Managed IT Services
Managed IT services for insurance agencies of all sizes are essential technology that maximizes capacity without overspending on developing the infrastructure. Whether your agency is small, medium or large, IT services can help streamline operations and ensure your IT infrastructure is secure and reliable. Managed IT services provide the expertise, resources and support needed to […]
Data Security Is Increasingly Important For Finance Companies
IT security for finance companies has become an increasingly important topic in recent years. As the world of technology evolves, IT systems are becoming more complex and, as a result, more vulnerable to cyber threats. Finance companies must be aware of these risks and take the necessary steps to protect their data and IT infrastructure […]
What Most IT Departments Miss About Hedge Fund Managers
According to Statista, cybercrime is on the rise, with businesses experiencing estimated losses of $8.4 trillion in 2022, up from $5.99 trillion in 2021 and $2.95 trillion in 2020. Given that financial institutions are a prime target for bad actors, hedge fund managers must prioritize their cybersecurity measures. This is where a managed IT provider […]