The Risks Of Shadow IT For Businesses

Do your employees practice shadow IT? For the uninitiated, shadow IT (also known as underground or rogue IT) is the use of technology-related solutions by employees without the knowledge and approval of the IT team. Some examples of this are tech solutions and applications used on computer hardware, software, infrastructure/network, tools, applications, platforms and IT services.

The use of unauthorized IT solutions can cause major security challenges. So, why do employees drift to shadow IT?

There are multiple reasons that encourage employees to practice shadow IT. Some of them are:

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Is Your BFSI Protecting Your Information?

The BFSI (banking, financial services and insurance) industry has recently seen significant technical developments. Most banking and insurance operations have gone digital, and the BFSI sector is now processing massive amounts of digital data from various sources. The data being processed is typically of a sensitive nature, containing PII and financial information. As a result, BFSI firms are among the most valuable targets for cybercriminals. Cybersecurity rules around the world, as well as the constant threat from cybercriminals, necessitate a solid data protection solution to defend BFSI operations. Here are five examples of some security practices you should make sure your bank is using.

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Essential Elements Of Cybersecurity

With the increased usage of online services, cloud solutions and overall business digitization, cyberattacks have become lucrative, and hackers are seeking more and more effective means of penetrating cybersecurity safeguards. Let’s discuss some of the key cybersecurity elements businesses should implement and maintain to safeguard their assets from cyberattacks:

Cloud Security

Companies have private and public cloud instances that may be either set up using on-premise or off-site data centers. Public cloud instances across various CSPs (cloud service providers) must be protected by deploying different cloud governance solutions. They help security personnel in enforcing automated policy compliance and cloud vulnerability management. Managing the virtual infrastructure in private clouds supporting server virtualization and providing a virtual desktop interface can be handled by MSSPs (managed security service providers). Cloud instances are the first to be attacked by hackers, even before targeting the on-site server infrastructure. Hence, it must be protected with multiple layers of cyber defense mechanisms.

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