The Importance of Cybersecurity in Finance: Protecting Your Client Data
As the financial industry continues to rely heavily on technology, the importance of cybersecurity in finance becomes increasingly crucial. Inadequate data security can expose financial institutions to significant risks, including data breaches, financial fraud, and reputational damage. In this article, we will explore the growing importance of cybersecurity in the financial industry, understand the risks […]
Strengthening Hedge Fund Cybersecurity: The Role of Managed Service Providers in the Face of Recent Attacks
Hedge funds have become prime targets for cybercriminals due to the wealth of sensitive financial information they possess. Recent cybersecurity attacks have highlighted the urgency for hedge fund managers to strengthen their security measures. This article delves into the vulnerabilities of hedge fund networks and explores the pivotal role that managed service providers (MSPs) play […]
Why Cybersecurity Training is Crucial for Professional Service Businesses
In today’s digital age, cybersecurity threats are becoming more sophisticated and frequent. Professional service businesses, such as law firms, accounting firms, and consulting firms, are particularly vulnerable to cyber attacks due to the sensitive and confidential information they handle. This is why cybersecurity training is crucial for professional service businesses to protect both their clients […]
Boosting Efficiency and Security: How Managed IT Providers Empower Accountants
Boosting Efficiency and Security: How Managed IT Providers Empower Accountants In today’s digital age, technology plays a crucial role in the success of businesses across various industries. The finance industry, in particular, heavily relies on robust IT infrastructure to ensure smooth operations and secure sensitive data. This is where managed IT services companies step in. […]
Safeguarding Your Fintech Business: Overcoming the Biggest Cybersecurity Challenges with TekScape
The rise of fintech has brought about numerous benefits to the financial industry, making it easier, faster, and more convenient for people to access financial services. However, as the fintech industry continues to grow, so does the risk of cyber threats. It is essential for fintech businesses to safeguard their operations against these threats to […]
Six Reasons You Should Work with a Managed Service Provider
Our Staff in Action at Delmarava Packaging Six Reasons You Should Work with a Managed Service Provider With businesses struggling to find and hire internal IT staff, many are opting to outsource their IT to managed service providers. Managed service providers have become the preferred IT model for businesses of all sizes. Managed service providers […]
How Managed Service Providers Help with Regulatory Compliance
With the number of data breaches and cyberattacks increasing each year, regulatory industries are facing stricter compliance laws and higher demand for data security. Industries such as healthcare, financial services, manufacturers, legal services, and payment processors are now enlisting the assistance of managed service providers to make sure they adhere to compliance laws. A managed […]
How to Keep Banking Customers Safe from Cyberattacks
How to Keep Banking Customers Safe from Cyberattacks One of the best ways to build trust with your customers within the banking industry is to commit to keeping their data and assets safe. The banking industry and FinTech industry are one of the most attacked industries by hackers and cybercriminals. The cost of cyberattacks in […]
Why Cybersecurity Should be a Priority for the Fintech Industry
Why Cybersecurity Should be a Priority for the Fintech IndustryThe financial technology or fintech industry is evolving at breakneck speed. This is largely driven by the rapid adoption of new technology such as artificial intelligence and blockchain-powered assets. It is projected that the global market for fintech will reach 190 billion dollars by 2026. As […]
Benefits of Using Cloud Technology in the Banking Industry
Cloud technology has become a critical tool for financial institutions, firms, and banks. The banking sector has been struggling for a long time to keep up with the pace of modern information technology innovations. With the push for digitization that the pandemic caused, it is now clear that the financial industry needs to integrate cloud […]
