The financial and legal industries are among the most highly regulated in the country – typically bound to both government laws and industry regulations. Yet, financial firms expose more than 60% of all leaked records. Law firms, certified public accountants (CPAs), and financial institutions often have clients who manage high-value data for their clients that serve healthcare […]
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Cyber insurance continues to be a hot topic…and a hot commodity. According to a recent article in The Harvard Business Review, “The severity of financial consequences has been profound. Ransoms have rocketed from five-figure price tags into the millions, including $10 million reportedly paid by Garmin. Several ransom demands were far higher before being negotiated […]
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Most people are drawn to careers doing work they like. Very few children dream of growing up to be sales managers. But MSP management often finds themselves in that position and competing against other companies…sometimes much larger companies with more resources. Do you find yourself worrying about larger MSPs? Not to mention all the software […]
Read More Want to justify higher fees and prevent churn? It’s time to deepen your client relationships and demonstrate more value. While there are a variety of ways to approach this, compliance is an easy and low-cost opportunity to increase revenue and keep clients longer. Offer compliance services Compliance services grant you tremendous value that goes beyond […]
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Let’s face it. Selling is one of the last things most of us really want to do. Many people equate sales with making people buy things they don’t want, don’t need, and can’t afford. But when it comes to IT services…and protecting systems and assets is vital to any business’s success and longevity. A critical […]
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After an incredibly damaging and costly run of high-profile cybercrime, many businesses may be relieved to learn they can purchase some protection in the form of Cyber Risk Insurance. With so many companies having their data held hostage, who wouldn’t be a little scared that they might be next? But like every product category that […]
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HIPAA (Health Insurance Portability and Accountability Act of 1996) is nothing new for healthcare organizations. The legislation ensures patient data is secure and kept private due to its sensitive nature. Therefore, it’s an obvious and natural concern for the 800,000 or so organizations across the U.S. delivering healthcare services as their primary function (defined as […]
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We’d like to relay a story that one of our MSP customers shared with us. It truly highlights the need for compliance documentation… I could hear the fear in her voice. One of our clients, subject to the HIPAA rules, called to say she had just received a letter saying that her company was […]
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Providing IT services is hard enough to master. Technologies change daily, clients’ needs change hourly and you’re expected to stay on top of it all. Now clients are looking for IT Compliance services too. While IT compliance management isn’t rocket science, it does require knowledge and information specific to each industry and regulatory body that […]
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Millions of companies fall under specific industry IT security and privacy regulations such as PCI, HIPAA and GDPR. However, those not REQUIRED to be in compliance with these standards should act is if they are – being in compliance is good security and data privacy discipline. There are many areas of liability and risk that come from not protecting data. You […]
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