In today’s digital age, cyber insurance is becoming a requirement for many businesses. Cyber insurance has become a crucial component of a comprehensive risk management strategy. However, did you know that having an IT managed service provider (MSP) can help you save money on a cyber insurance audit? In this blog, we’ll explore how MSPs can assist in meeting insurance requirements, identifying vulnerabilities, and providing...
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When it comes to protecting your business from cyberthreats, many businesses are presented with two options. You can hire an IT Managed Service Provider like PivIT Strategy to monitor and protect your business, or you can hire an in-house IT Manager. Both have their own benefits and picking between these two is very dependent on your business and its stage. One thing that many don’t...
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In today’s digital age, Managed Service Providers play a crucial role in supporting organizations by managing their IT infrastructure. Many companies turn to MSPs due to a lack of manpower and financial resources to handle these tasks in-house. In this article we will cover what IT MSP’s do to cover small to medium-sized businesses. MSP Cybersecurity Offerings Endpoint detection and Response Endpoint Detection and Response is a...
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Phishing emails are a common threat in today’s world. Cybercriminals use them to trick unsuspecting individuals into reveling sensitive information, such as passwords, credit card numbers and personal details. It was reported from Statisa that there are 3.4 billion spam emails distributed each day, and these lead to 83% of all cyber breaches. (Source: Verizon Data Breach Investigations Report) Email providers like Outlook have...
Read MoreMany businesses don’t understand the actual cost a data breach has on their company. Not only do you lose trust in your current customers, but there are various financial burdens, including fines, legal fees, customer compensation, and the cost of repairing the security vulnerabilities that led to the breach. While these costs vary depending on the nature and scope of the breach, at bay’s Data...
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In today's increasingly digital world, businesses are more vulnerable than ever to cyberattacks. A single breach can have catastrophic consequences, ranging from financial loss to reputation damage. Recognizing the signs of a cyber breach is crucial for swift and effective response. According to Bitdefender, 74% of companies that were breached in the past year did not know how it happened. This suggests that many businesses are...
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