Having a solid business continuity plan in place will ensure that your company is better protected fromfuture emergencies or disasters. It can help reduce downtime, minimize financial losses, protectcritical business data and processes, and ultimately help sustain your business. Let’s review how toestablish such a plan 1. Identify All Potential Risks The first step to building a successful business continuity plan is to identify and assess the types ofrisks your business may face. These can include anything from natural disasters like floods or fires tocybercrime, technical malfunctions, supply chain disruption,
Category Archives: Managed IT Service
How to Establish a Solid Business Continuity Plan
Understanding the Differences Between Hardware and Software
According to IBM, there are two main components of IT infrastructure: hardware and software. Manypeople don’t know the difference between hardware and software. Infrastructure is an importantcomponent of organizing your hardware and software. Infrastructure as a service helps companiesprovide you with efficient organization tools to improve your workflow. So, what’s the differencebetween hardware and software, and are they both necessary? Hardware vs Software The biggest misconception between hardware and software is that they are the same thing, with thenames being synonyms for each other. However, this is not the case.
6 Reasons Your Business Needs More Than One “IT Guy”
Phil Miller, Regional Manager from the Lexington, KY office of The AME Group provides consultation to many businesses looking to improve their business IT infrastructure. The point when business owners realize they need new technology or better management of their IT infrastructure, is where managed IT services providers like The AME Group can make an impact. We asked Phil, why do businesses need more than one IT person? If a company only has an “IT Guy,” it’s common that they face limitations in terms of their IT capabilities. As the
5 Benefits of Cloud-Based IT Infrastructure
Most businesses, regardless of size or industry, are gradually turning to cloud services. They have realized they can benefit in many ways by making the switch. What helps is that cloud-based digital infrastructure is growing. According to Zippia, about 67% of enterprise infrastructure relies on cloud computing. With that said, some businesses are yet to embrace this technology as they don’t understand the benefits. The article below highlights some of the advantages of using cloud-based IT infrastructure. Enhanced Data Security One of the benefits of using cloud storage is improved
Do You Have Insurance Coverage Blind Spots?
The answer is YES, there are often “blind spots” in your business insurance policies. Due to the high incidence of ransomware attacks last year, insurance premiums have increased as much as 40% and polices may have limitations to further protect the insurer. Mind the Gaps in Your Insurance Policy Recently, our Strategic Advisor in Evansville, IN gave us a few tips to better understand insurance policies. You should ask the following questions about your business’ Cyber Liability Insurance policy. Does my insurance coverage have sublimits? A sublimit is the maximum
The AME Group Completes MSP Verify Certification with SOC 2 Type 2 Audit
MSP Verify Program offers vendor agnostic certification for Cloud and Managed Services Practitioners Worldwide; Provides Quality Assurance, and Stamp of Reliability for Current, Potential Customers The AME Group today announced that it has successfully completed the MSPAlliance’s MSP Verify Program (MSPCV) certification and SOC 2 Type 2. The MSPCV is based on the 10 control objectives of the Unified Certification Standard for Cloud & MSPs (UCS) and is the oldest certification program for cloud computing and managed services providers. The AME Group’s SOC 2 Type 2 audit was based on
How an Email Breach Can Cost Your Business Thousands
In 2021, America experienced an unprecedented increase in cyber attacks and malicious cyber activity. Business Email Compromise is the most frequent attack vector. The FBI received nearly 20,000 complaints in 2021 that cost US businesses 2.4 billion. The second most costly digital crime type, investment scams, tallied about $1.5 billion in estimated losses. Your email account is an important part of your communication with employees, customers, and vendors. It’s often the everyday information that opens your business to attack, like who approves purchases, what applications you use, how you communicate
How to Keep Your Company Safe From Network Security Threats
The number of businesses adopting online or digital services keeps growing yearly because of the many benefits they gain. That said, the transition to digital service forms comes with the risk of data breaches and network security threats. In cases where data thieves are successful, businesses often have to pay ransom to reacquire it or risk starting from scratch. According to PurpleSec, a 2019 study showed that 34% of businesses hit with malware took a week or more to regain access to their data. For businesses looking to better protect
Best Cyber Security Practices For Small Businesses 2022
Cyber security is a top priority for small businesses in 2022, and they must implement security measures that allow them to continue their normal operations even during an attack. According to PurpleSec, the risks associated with cyber-attacks are increasing as ransomware-induced downtime costs businesses approximately $8,500 per hour. Establish Threat Identification Routine One way to keep cyber attacks at bay is by establishing a process for identifying threats and taking action when necessary. This process involves setting up regular meetings with employees handling sensitive information, such as customer data or
Why Invest in Cyber Liability Insurance?
The COVID-19 pandemic has impacted everyone in one way or another. If there is one category that most benefited from the pandemic, it’s cybercrime. Cybercrime shot up by almost 300% since the start of the pandemic! Businesses are much more likely to be closed by cybercrime than fires and natural disasters. So, adopt measures to protect your business like having Cyber Liability #Insurance (CLI). Cyber Liability Insurance (CLI) covers the financial loss that results from cyber events such as data breaches. However, cyber liability is not typically included within general