Enterprise Blog

Cyber Security >> Can IT Upgrades Diminish the Risk?

Cyber Security >> Can IT Upgrades Diminish the Risk?

4/4/2016

Cyber criminals prey on known flaws in outdated technology to gain access to your critical data

Malicious security breaches affect individuals and organizations of all sizes, leading to hefty financial losses, unproductive downtime, and frustrated employees and clients.  When it comes to cyber security, the best defense is a good offense – which must include up-to-date hardware and software.

“Cyber risk is a moving threat agent,” said Manohar Ganshani, Partner and Global Practice Head of Governance Risk & Compliance for Wipro Consulting in the publication Cyber Warfare, Governance and the Art of War (2014).  “As cyber risks increase, there is no doubt hat your technology must be kept up to date.” 

Most organizations acquire I.T. equipment with the intention of replacing it in three or four years.  Unfortunately, I.T. replacement plans are often stifled by budgetary constraints, resulting in clients retaining equipment for far longer than they originally intended.  The risk associated with holding on to equipment – even for just an extra year or two – is that it becomes more susceptible to cyber security threats.

A recent survey[1] conducted by Wirpo Consulting found technology that is four or more years old was 53% more susceptible to suffering a data breach.  To ensure that the most up-to-date software and security is being used, technology equipment should be replaced on a disciplined three-year cycle.

A Plan for Affordable Security

Why a three-year cycle?  Shortening I.T. equipment refresh cycles means that up-to-date cyber attack prevention measures are in place. 

When you think about budgeting for this cycle, leasing can be helpful because you can think of your I.T. payments like you think of a utility payment: a consistent, low monthly payment – rather than an infrequent, huge budget spike.

Beyond that, leasing provides 100% financing, including software and services. 

[1] Wipo Consulting (2009).  “Wipro Consulting Service Survey”

Comments
Even though several techniques are being used, the cyber criminals are finding ways to overcome these and perform the malicious activities. I feel that the best way is to change the systems at regular intervals so that they cannot be able to access them.
4/21/2017 7:18:33 AM

Malicious security breaches affect individuals and organizations of all sizes - See more at: http://faenterprisefinance.com/Blog/Technical-Papers-Blog/April-2016-(1)/Cyber-Security-Can-IT-Upgrades-Diminish-the-Ris#sthash.xk6xJ88e.dpuf
4/13/2017 11:58:14 PM

The dangers postured by phishing, human blunder and exercises, for example, web-based social networking utilization are similar in that they can be best tended to through a blend of preparing and innovation. While it might appear like the surest street to better security is exclusively through acquirement of specialized arrangements, individuals and process are basic to digital security system, particularly considering the commonness of mistake and the capacity for strategies, for example, phishing to slip past cutting edge resistances.
4/11/2017 1:21:48 AM

The blog is really appreciable and i like to keep on visiting this site once again that it would help me in further thanks for sharing the info.
4/7/2017 6:27:52 AM

Yeah , it updates generally destroy the risk but it doesn't mean hackers doesn't know how to break it . A hacker is know most of the language and can go to deep by taking help from coursework and get their desired result of quality writing for their desired project .
3/29/2017 6:13:48 PM

awede
<a href="http://www.google.co.uk/">google</a>
3/29/2017 6:08:53 PM

One of the most awkward essentials of cyber security is the rapidly and constantly developing nature of safekeeping risks. The customary approach has been to center most capital on the most vital system mechanism and protect next to the biggest recognized threats, which necessitate leaving some less significant system mechanism unprotected and a number of less unsafe risks not protected against. Such an move toward is insufficient in the current surroundings.
3/29/2017 2:17:06 PM

Extremely details specifically the last part I care for such information and facts much. I was searching for this certain details for some time
3/24/2017 5:06:28 AM

Most associations obtain I.T gear with the expectation of supplanting it in three or four years. Sadly, I.T substitution arrangements are regularly smothered by budgetary imperatives, bringing about customers holding gear far longer than initially expected. The issue with clutching hardware notwithstanding for only an additional year or two is that it turns out to be more vulnerable to cyber security threats.
3/8/2017 5:23:30 AM

Infections, worms, Trojan stallions, and hacking are all security issues in our PC arrange. Each of these malwares or projects joins and spreads in various ways. Through hacking programmers can contaminate PCs with different sorts or malware and infections.
3/3/2017 7:06:22 AM

Supervisors have the accountability to make sure that their applicant not only occupation on their projects, but too start writing about their research procedure and findings.
2/25/2017 9:40:46 AM

The goal of supplant it in three or four years. Sadly, I.T. replacement preparations are often smother by budgetary limitations, bringing about customers holding gear.
2/24/2017 5:21:36 AM

The undertaking reason arrange has urban in the course of the most current 20 existence to end up clearly a key module around here figure and correspondence groundwork. The interrelated advancement of industry and interchanges innovation is not lessening and nature is as of now experience another phase of that development. The rising Human Network, as it has been named by the media, show a huge budge in the view of and the requirements and requests on the reason assemble.
2/6/2017 5:47:00 AM

yeah..generally upgrades can diminish the risk but still it doesn't mean hackers won't learn how to break it..it's like a continuous battle
1/10/2017 5:47:31 AM

 Security code
Top