IT Trends & Technology

Cybercrime is a continuous threat for organizations of all sizes and across all industries. If the news surrounding the data breaches at Marriott and Equifax are any indication, even global firms with large security budgets can still be vulnerable in the face of a seemingly endless barrage of sophisticated attacks. In fact, IndustryWeek recently reported a 350 percent increase in ransomware attacks against its members versus the year prior, as well as a 250 percent rise in email attacks.

According to a Forrester study, only 2 percent of companies could restart operations within an hour of a disaster incident. Additionally, based on Gartner calculations, the average cost of IT downtime is $5,600 per minute or $300,000 per hour. In short, pairing a major IT disruption with a poorly designed or reactive disaster recovery plan can result in a perfect storm that could cripple your business and have ripple effects for years to come.

FNTS, a leading global IT service and cloud provider, announced it has formed a technology partnership with Folding@home, a computing project committed to identifying new ways to treat diseases.

Moving your enterprise data to the cloud can bring with it a number of benefits to your operational costs and the management of your information technology footprint. In fact, 83 percent of enterprise workloads will be facilitated via the cloud in 2020, according to a LogicMonitor study. However, with this growth in cloud services can come substantial risk.

Fortunately, by following some key best practices, such as those laid out in this article, you can help your organization take the necessary steps to strengthen your data security and mitigate the potential vulnerabilities of operating in the cloud.

In late November 2018, Marriott International Inc. reported that it had fallen victim to a colossal theft of customer data. Up to 500 million customers’ personal information was exposed, including passport and credit card information. The breach, which began in 2014 and continued until this September, is only the latest in a long string of high-profile cyberattacks making headlines this year.

Despite the eye-popping figures and high stakes, according to a McKinsey survey of corporate directors, the majority of respondents reported that their boards had, at most, one technology-related discussion a year. Similarly, according to EY’s 19th Global Information Security Survey, only one in five executives fully considers information security in planning their larger corporate strategy.

Like many other new technologies, the concept of security orchestration, automation, and response (SOAR) solutions was born out of a problem that dogged IT professionals. However, in this case, it was multiple problems that couldn’t be solved with existing solutions.

Gartner, who is credited with coining the term, defines SOAR as “technologies that enable organizations to collect security threats data and alerts from different sources,” where technology and professionals can combine to analyze incidents, triage issues, and drive responses in a standard way.

Creating a business case for any IT investment is never an easy task, but it can be a critical piece of winning the support of your leadership team to take on a key initiative. Business cases help to present the expected benefits that can positively affect the bottom line and improve overall operations, while also helping to put the potential costs and unknown factors associated with the new technology into context. The business case to migrate to a container-based architecture is no different, but it is also not a new technology. So why would now be a good time for your organization to consider it?

Rick Kingsbury has joined FNTS as Vice President of Sales & Marketing. In this executive role, Kingsbury will lead FNTS’ long-term sales vision and go-to market strategies as it continues to expand its customized and strategic IT services, enterprise-grade infrastructure, managed services and hybrid cloud solutions, helping organizations expedite digital transformation through delivering services that consistently exceed expectations.

Kingsbury’s dynamic 30-year sales career in the technology industry includes a vast amount of experience with sophisticated sales models, cutting-edge products and services. With a strong track record of achieving organizational growth through key account management and established strategic partnerships, Kingsbury has developed strategic solution-based sales for network and data center solutions, including cloud computing, managed services, security services, analytics, big data and business intelligence.

Although mainframes are capable of processing over millions of transactions per second (much more, in fact, than the typical volume of searches on Google), they are largely viewed as unfashionable hardware.

Yet, despite generally being considered legacy technologies, you can plan on them being around for a while. This is because many companies are still using these behemoths, and in certain cases, actively purchasing new machines. Why?

It’s no secret that IT spending has risen dramatically over the past several years. This rise is because of a number of factors, including the rise in cybersecurity vectors, widespread adoption of IoT devices, consumer preference for online card payment transactions, and overall trends in the digital transformation, to name a few.

Global IT spending on enterprise software alone almost doubled from just over $225 billion in 2009 to an estimated $424 billion by 2019. Year over year, IT spending is expected to increase 5.5 percent.

One trend that theoretically should lower IT costs is application containerization. It is analogous to how the shipping industry uses standardized containers to ship cargo around the world. The application is packaged along with all dependencies, including runtime components isolated from other processes.

Whether business leaders embrace digital transformation or not, it’s here to stay. Its  impact on enterprise has already proven to be quite profound, and adoption will be necessary to remain competitive and grow with each passing year.

Digital transformation is not just about the digitization of organizational processes needed to run day-to-day business operations. It’s largely a customer- and culture-driven transformation dictated by how consumers choose to do everything from initiate financial transactions to consume entertainment and the preference to use digital devices to communicate and express ideas.

Today’s Chief Information Security Officer, or CISO, is having a stronger and more strategic role in organizations due to more cyber threats, compliance standards, connected devices and stored data than ever before. However, according to a study done earlier this year by PricewaterhouseCoopers, almost half of average companies today don’t have a C-level security executive in place. Now is the time for organizations to evaluate their risk posture and invest in an information security team that can adopt a strong cybersecurity culture that aligns with their strategic business goals.

U.S. business productivity has been trending up lately, according to recent government figures. Some of that has to do with the labor force working longer hours and upticks in requests. However, another factor that directly contributes to business productivity is efficiency, brought about by leaner organizational processes and better management.

One way enterprise is achieving efficiency is by leveraging the benefits of hybrid cloud solutions and migrating certain key elements of their IT infrastructure off-premises.

Merriam-Webster has several definitions for the word myth. One of them is “a person or thing having only imaginary or unverifiable existence.”

Not surprisingly, there are many misconceptions and outright myths circulating about the cloud and cloud management that are just that—myths. In order to debunk these myths, one must come prepared with cold, hard facts that speak truth to fable.

Most dictionaries define a broker as an agent who acts as an intermediary in the purchase or sale of a commodity, or a person or entity distributing something tangible.

Cloud service brokers (CSBs) work much the same way in that they work as an intermediary between a customer and a cloud service provider. There are many reasons why a company would choose to work with a CSB, but the main benefit is the management of provider services for customers who lack the time or resources to utilize cloud services to best meet the organization’s business needs.