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Does Your Company Have a Business Continuity Plan?

Does Your Company Have
a Business Continuity Plan?

Amid your daily responsibilities, are you making time to strengthen your cybersecurity, create a disaster recovery strategy and plan other value-added IT initiatives? Like most small and medium-sized companies, you probably don’t have enough time in the day to devote to protecting and advancing your business technology. A virtual Chief Information Officer (vCIO) serves as an executive-level member of your team, helping you maintain a competitive advantage by successfully leveraging the right technology for your business.

 

Do you need a vCIO? Answer these questions to find out:

 

Do you know where your data is stored and how to access it in case of a disaster?

Your primary systems can fail without warning when you face a natural disaster, malicious cyberattack, power outage or employee error. Do you have a process in place to quickly retrieve your mission-critical data? Do you know how long your business can be down before it dramatically impacts your bottom line? Knowing the answers to these questions is imperative – The US Bureau of Labor found 93 percent of companies without a disaster recovery plan are out of business within one year of suffering a major data disaster.

 

Do your employees know how to safely use their mobile devices for work?

 

With the rise of the Bring Your Own Device (BYOD) trend, organizations are using mobile devices more than ever. Mobile devices can improve your team’s flexibility and productivity – in fact, a study by Cisco found that companies with BYOD processes save an average of $350 per year, per user. However, they also open your business up to additional cyberthreats. Companies that are serious about implementing BYOD must deploy end-to-end security software and institute company-wide training to minimize incidents.

 

Do you have a comprehensive cybersecurity strategy in place?

 

When enterprise companies like Macy’s, Apple and Facebook get hacked, you hear about it on the news – but you probably don’t hear about the thousands of small and medium-sized businesses that suffer cyberattacks each year. The worst part is that, according to the National Cyber Security Alliance, 83 percent of small businesses have no formal cybersecurity plan and 69 percent have no plan at all. This isn’t a job that can be left to a single person, and even if you have an internal IT team, these tasks will take up the majority of their time.

 

Are you aware of new technology that could improve your operations?

 

Technology is constantly evolving and providing new opportunities for businesses, but the latest technology isn’t always the greatest and what works for others might not work for you. If you’re not entirely confident that a new solution or product will actually provide a strong ROI, you could be wasting thousands of dollars. Most business owners don’t have time to thoroughly research every new product or determine whether it will be a good long-term fit for their company, so they make the wrong investments or opt not to invest at all.

 

If you answered “no” to one or more of these questions, you need the assistance of a virtual CIO. For a fraction of the cost of hiring an in-house CIO, you get access to a team of IT experts who help you develop sound business continuity, BYOD and cybersecurity policies – all while keeping your technology costs down and leveraging new technology to keep you competitive. To learn what a vCIO can do for you, contact us now.

About Us
IT-Tech, LLC is a managed IT service provider serving the Wasatch Front and Salt Lake City area. We specialize in business IT solutions for small, medium, and large-sized companies like yours, so you can stop worrying about your networking needs.

Contact Us

IT Compliance: The Game

IT Compliance: The Game

A great business leader knows they have to play by the rules before they can change the game. This is why being well-versed in compliance is so imperative. Compliance has become the new house rules for how businesses conduct themselves on the board. To ensure all of your pieces stay in play, here are the compliance regulations you should know.

 

GDPR: Playing by the EU’s House Rules

The European Union rolled doubles on protecting the information of its citizens with General Data Protection Regulation (GDPR). While you and your business may reside stateside, any entity that processes and stores the personal data of EU citizens must follow this compliance.

These guidelines must be followed unless otherwise consented by individual citizens. Visitors retain the right to withdraw their information at any time and companies must respect the individual’s right to be forgotten. Essentially, an EU citizen will allow some of your house rules until they want to change up the game, then you must respect their decision – no rage-flipping the board.

You can successfully conduct business in European markets with a qualified technology partner as your chance card to help you understand the transition to GDPR compliance. They ensure that you are properly meeting regulatory compliance and help you avoid fines of four percent of your global annual turnover or up to $22.4m (whichever is larger).

 

PCI DSS: A Safe Strategy

Payment Card Industry Data Security Standard (PCI DSS) compliance creates an additional level of protection for credit, debit and cash card transactions. It guarantees that your customers’ card information is kept safe when it’s stored, processed and transmitted.

A great technology partner can make all the difference in your regulatory status by building a secure network and maintaining crucial systems throughout the year. You’ll be able to avoid risky noncompliance fines and ensure you stay in the game.

 

Got any, SOX?

In the legendary and hallowed battle of wits known as Go Fish, strict penalties fall upon the deceitful when they are caught lying about not having a certain card. This is similar to the Sarbanes-Oxley Act (SOX).

SOX maintains a level of transparency among entities that publicly trade within the US. It holds company officers responsible for accurate reporting and requires a number of auditing measures to show how much capital a company has, as well as where it is being spent.

With intuitive IT services, you will keep the faith of investors, remain transparent and discover the streamlining benefits that SOX can provide. Not to mention, you’ll avoid hefty fines and jailtime so you can pass go and collect your profit.

 

HIPAA-ration

The Health Insurance Portability and Accountability Act protects the storage of an individual’s medical records. Like the Operation board holding various ailments, companies known as Business Associates (BA) hold the medical, insurance, and payment records of individuals. Your company is considered a BA if it creates, receives, maintains or transmits protected health information and compliance pertains not only to the primary data handlers, but also their subcontractors.

To safeguard this information from top to bottom, a technology partner becomes the red light and buzzer on the patient’s nose, a safeguard against anyone trying to remove the “water on the knee” of information from your client’s records. Working with tech services provide the necessary solutions so you and your partners transmit data securely.

 

Consider Us Your Game’s Master

Partnering with a managed services provider is the easiest way to ensure you’re meeting and exceeding compliance standards. Contact us today to be your guide in the IT business game, and we’ll help you become a seasoned player.

About Us
IT-Tech, LLC is a managed IT service provider serving the Wasatch Front and Salt Lake City area. We specialize in business IT solutions for small, medium, and large-sized companies like yours, so you can stop worrying about your networking needs.

Contact Us

4 Reasons Your Business Needs an IT Disaster Recovery Plan

4 Reasons Your Business
Needs an IT Disaster Recovery Plan

No business owner expects their company to face a major crisis. They’re optimistic that their company can overcome any problem. But when disaster strikes, your company needs more than just optimism. You need to be ready with a business continuity plan.

 

If you don’t already have a plan in place, here’s why you need one and what it should include.

 

What is Business Continuity Planning?

A business continuity plan is an outline detailing the procedures and instructions a company needs to follow to get up and running after a disaster. These disasters may come in many forms, such as your office building catching fire, a natural disaster (flooding, hurricane or tornado) or a cybersecurity attack.

Business continuity plans are different from disaster recovery plans, which tend to focus solely on recovering the company’s IT system following a crisis. Business continuity plans contain outlines and contingencies for all aspects of your business, such as business processes, assets, human resources, etc.

 

Why Do You Need a Business Continuity Plan?

It doesn’t matter if you’re a mom-and-pop business or a large corporation, you have no time for downtime. Not having a plan can be financially devastating. For example, IT downtime costs a company an average of $5,600 per minute, according to Gartner. When you have a business continuity plan in place, the key stakeholders know what they need to do to get your company running with minimal downtime.

 

What’s in a Business Continuity Plan?

Now that you understand why business continuity planning is vital, where do you begin? According to Ready, developing a business continuity plan includes four steps: the business impact analysis, recovery, plan development and testing. Here’s what you need to know for each step:

Business Impact Analysis — The first step is identifying the effects of a disruption of business. This is also the time to determine which business functions take priority and the resources needed to get the company running again. FEMA provides a Business Impact Analysis Worksheet for free.
Recovery — After completing the business impact analysis, and addressing any potential plan gaps, it’s time to develop recovery strategies. Recovery strategies are alternate means to return business operations to minimum levels. For example, this may mean developing a plan to operate out of a secondary facility, having the staff work remotely or using third-party contractors to keep production moving.
Plan Development — The next step is to assemble a continuity team. This team will create the framework of the continuity plan and implement it during the crisis.
Training — Once the plan is in place, the continuity team needs to test it. This means training the staff, so they know their roles during the crisis. During testing, you’ll be able to uncover any gaps and update the plan accordingly.

 

How We Can Help

Now that you understand what you need in a business continuity plan, are you able to create one? If you have no idea where to begin, let us help. We understand that small to medium-sized businesses don’t have the time, manpower or experience developing plans. That’s why we work with you and your staff to make this process painless and help your team understand their roles in the event of a disaster.

Contact us today to get started.

About Us
IT-Tech, LLC is a managed IT service provider serving the Wasatch Front and Salt Lake City area. We specialize in business IT solutions for small, medium, and large-sized companies like yours, so you can stop worrying about your networking needs.

Contact Us