The Reschini Blog: Cybercrime Impacts All Industries

Working in IT today is like running a marathon sprint.

Not only do the digital professionals need to keep their systems and users running smoothly at a baseline level, they also need to stay up-to-date on new applications and software packages and how they could be used to advance the growth of their organizations.

And then there’s the ever-present specter of cybercrime – an unending and constantly expanding web of innovative and malicious attempts to steal information, hold data for ransom, and generally take control of the digital identity of companies.  What’s worse, no industry is immune to these dark forces, who can wreak havoc and extort enormous financial damages.

According to the Pittsburgh Technology Council, most CEO surveys rank cybersecurity threats as a top-five risk, regardless of industry type.  CEOs care about data breaches and ransomware attacks because those attacks have become so common, regardless of organizational size or IT staff experience.  Furthermore, CEOs know that a ransomware infection or a data breach can put the very life of their organizations at risk.

IT teams have trouble keeping a current and standardized set of security best practices, because to do so – with proper patches and policies amid a continuously changing environment – is time consuming, expensive, and downright difficult.  One solution comes in the form of enterprise cloud infrastructure platforms, which offer a secure-by-default cloud experience with best-in-class security features incorporated from the start.

Using advanced tools like this can free internal IT staffs, since they only need to work with the cloud infrastructure provider to select and configure features most relevant to the organization’s needs and vulnerabilities.  Those IT professionals can then spend their time more efficiently, working on strategic projects while reducing exposure to cybersecurity issues.

Keeping the bad guys at bay online doesn’t have to be a marathon sprint, where the best efforts simply can’t keep running at full capacity.  You can bring your cybersecurity exposure under better control, thereby improving your insurance coverage against losses.

The experts at The Reschini Group can provide specific guidance in this area.  Contact us today to learn more.

Copyright 2021 The Reschini Group

The Reschini Group provides these updates for information only, and does not provide legal advice.  To make decisions regarding insurance matters, please consult directly with a licensed insurance professional or firm.