article thumbnail

What IT services should businesses outsource?

Online Computers

This is where outsourcing IT services comes in. Outsourcing allows SMBs to focus on their core business while relying on IT professionals to handle their technology requirements. Here are key IT services that businesses should consider outsourcing. Others can delete or steal sensitive information.

article thumbnail

How to Offload Your Risk to a Third Party

MHA Consulting

Risk transference is one of the four main strategies organizations can use to mitigate risk. There are four main strategies for mitigating risk : ยท Risk acceptance: Making a conscious decision to remain vulnerable to a potential harm, usually based on a cost-benefit analysis. Related on MHA Consulting: Global Turmoil Making You Ill?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Tips: Risk and Vulnerability Management

Security Industry Association

Managing cybersecurity risks and vulnerabilities is a critical activity for any robust security program. Vulnerabilities differ from other types of threats in that they are not necessarily the product of malicious activity but are most typically caused by software flaws or system misconfigurations. What Is Security Risk Management?

article thumbnail

How to Create a Data Breach Response Team

Pure Storage

Collecting and analyzing evidence of malicious network activity. This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Pure Storageยฎ SafeMode TM snapshots are critical to mitigating and recovering from a ransomware attack.

article thumbnail

How to Respond to a Cybersecurity Event

LAN Infotech

Retrieving this plan is one of the first steps that your managed IT provider should take to help you mitigate the incident. Even if the threat actors don’t communicate that they have stolen your data, it’s good practice to check your firewall logs for any suspicious outbound activities.

article thumbnail

3 Ways to Drive Value within Your Third-Party Risk Management Program and Beyond

Fusion Risk Management

Itโ€™s common that many businesses outsource aspects of their operations, but in doing so, they are responsible for ensuring the security posture of those external entities โ€“ which is operationally complex, to say the least. This requires appropriate tools that eliminate static data and redundant manual tasks which often lead to error.

article thumbnail

TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Many of our own customers have said that having a โ€œtone at the topโ€ from leadership is critical to get their business team’s buy-in, as no one really wants to take a time out to work on their continuity plans or risk mitigation strategy.