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Showing posts from September, 2021

MANAGED COMPLIANCE SERVICES

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  The organisation that outsources the job to some third party who is expert in the field of compliance services and has resources required to meet regulatory requirements in a cost-effective manner. There are certain laws, regulations, guidelines and specifications relevant to the businesses that the organisation should adhere to in order to avoid legal punishment and fines. This way by outsourcing, the compliance burden on the organisation is reduced which saves the time, effort and resources.   The job of the Managed IT Support Services provider comprises of looking after security, compliance, regulatory and advisory services. The MCS provider should always be alert and should have up-to-date knowledge of the changing laws and regulations and should use right software and hold regular internal audits and see to it that the staff of the concerned organisation follows the procedure laid down are adhered to properly.   Regulations protect consumer rights, health and safety. Th

THE REAL COST OF NETWORK SECURITY BREACH

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  When the network of any company is breached then it brings along with it a great financial loss and affects organisation's functioning and damaging company's reputation. United States witnessed the highest data breaches followed by Middle East. Worldwide the cost of breach is going up. Businesses with security automation system were more equipped to handle the data breaches. Healthcare confirmed to incur the highest average in breach cost followed by energy industries, Generally it takes very long about more than 250 days to identify and contain data breaches, but automation helps companies reduce the life-cycle of breach to around 80 days.   Malicious attacks were the prime cause of data breaches and this happens in most cases because of human error or system. Malicious breaches were hacked using stolen or compromised credential. The main aim of the hackers in majority of the cases is to extract money. People working from home and using network resources, video conferenc