For the small, but growing business, there are a lot of risks that could potentially harm their ability to stay in business. One of those risks comes in the form of cybercrime. Over the past several years, small and medium-sized businesses (SMBs) have improved the ways in which they combat cybercrime. Let’s take a look at some of the problems SMBs have to deal with.
Businesses are using more remote workers than ever. The COVID-19 pandemic made it necessary for them to react and they did, but it has proven to have a handful of challenges. One of the most stark issues that remote workers face is the assault on their mental health. Most newly-remote workers once held several conversations with co-workers day-in and day-out and being isolated for 12 months has taken its toll. This shift is having negative effects on businesses from all over the world. Let’s take a look at a couple of things that you can do about it.
Workplace burnout has been discussed quite a bit in the last year—which in and of itself seems funny, considering how relatively little time many people spent in the workplace this past year or so. However, just because the conventional workplace was altered doesn’t mean that the potential to experience burnout has been at all.
Blockchain has been one of the technologies that are most cited on those “emerging technologies” lists at the beginning of each year for the past several, yet there is no mainstream indication that the technology is being integrated into tools that can benefit businesses and individuals. Today, we thought we would take a look at some of the ways blockchain technology was going to be used to improve digital systems and what is taking so long for these tools to be developed and initiated.
The cloud has proven to be an extremely useful tool for the modern business. Not only does it provide anywhere-anytime access to applications, processing, storage, et al; it also delivers those products as a service, allowing you to budget for recurring costs rather than major upfront ones. This provides your organization with functional, supported, and secure computing environments that eliminate a lot of the support costs that traditional computing environments require. It sounds like a perfect scenario for small and large businesses alike, but things aren’t always what they seem, as a lot of cloud users have found that they have incurred several hidden costs by using cloud platforms. Today, we take a look at these hidden costs.
The late American author Kurt Vonnegut once wrote, “New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.” Written in the 20th century, it has been put in practice by 21st century businesses. As the Internet has grown, the amount of companies expanded, and the amount of data that those companies collect has grown exponentially, especially now that there is a market for such data.
The password isn’t nearly as secure as it used to be. Hackers have begun to take advantage of extremely powerful solutions designed to brute force their way into accounts by using software to rapidly guessing thousands of passwords per second, making it extraordinarily difficult to prepare yourself for them. What’s the best way to guarantee that passwords aren’t going to be the downfall of your company? A great start is by taking a close look at password best practices and two-factor authentication.
Data security isn’t a matter to be taken lightly, as too many businesses have found out the hard way. Unfortunately, there are far too many simple ways to correct common security issues – enough that it’s foolish not to do so. We’ll review a few ways to fix security issues, after discussing one of, if not the, most egregious security failings in modern history.
Despite what detractors say, regulations are in place for good reason. They typically protect individuals from organizational malfeasance. Many of these regulations are actual laws passed by a governing body and cover the entire spectrum of the issue, not just the data involved. The ones that have data protection regulations written into them mostly deal with the handling and protection of sensitive information. For organizations that work in industries covered by these regulations there are very visible costs that go into compliance. Today, we look at the costs incurred by these organizations as a result of these regulations, and how to ascertain how they affect your business.
There is no question that a small business can benefit from technology, as has been proven time and time again. However, an issue can arise if a business bites off more than it can chew, so to speak, and ultimately creates a spike in costs. A responsible business owner will resist this temptation and prioritize the solutions they need over the ones they want – building profitability and generating capital needed to make other improvements. In this blog, we’ll examine some of the implementations that can deliver a good return on investment to a small business.