Cybersecurity Myths Executives Cling To

Dave Bourgeois & Patrick Leonard

One of the biggest obstacles in cybersecurity is company executives who think they do not need to worry about cyber-attacks. The range of excuses why cybersecurity isn’t on executives’ radars are wide and we’ll debunk them in a bit.

Keep in mind, if you don’t do anything to prevent or mitigate a cyber-attack, it will probably be too late to do anything once it starts. Whether you’re a Fortune 500 enterprise or a small three-person company, 94% of all companies do not survive more than two years following a major data loss regardless if it is a cyber-attack, theft, or disaster. [Gartner]

Prevention is the best way to protect your company’s future and it is a lot cheaper too.

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Topics: Data Protection

9 Reasons Why Small Medical Practices are Most Vulnerable to a Cyber-Attack

Stephen Tullos

As my team and I talk to different medical practices, we are amazed how many of them are oblivious to HIPAA regulations and just how vulnerable they are to a cyber-attack. Like HIPAA, hackers don’t take ignorance as an excuse.

9 Reasons Why Small Medical Practices are Most Vulnerable to a Cyber-Attack

  1. Lack Concern of Cyber-Attack Threat – Most small businesses, including medical practices, think they’re too small to be a target to hackers. Unfortunately, medical data is a prize most hackers want to get their hands on and they will specifically target small medical practices expecting to find little to no cybersecurity in place. Also, hackers can use bots that crawl the internet looking for “open windows” into networks; if they stumble on a medical practice, they could be in for a big payday.
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Topics: Heathcare IT

Fear of Losing Control When Outsourcing IT (Part 4 of our Hiring IT Series)

David Bourgeois

Last week I spoke to two CFOs that had the same concerns, but from very different aspects. Both CFOs work at high growth companies that have gone from 10 to 50 employees in the last few years and each company plans to grow well above 100 employees. Not surprisingly, around the 50-person mark, each of them was looking at their next steps regarding IT. Because of my series on Hiring IT, these CFOs reached out and asked me to look at their specific IT situations, then give my thoughts on what they should do next. I started out by asking each CFO what concerns with IT they had.

One of the CFOs was considering hiring the company’s first internal IT professional because they were outgrowing their single IT guy’s capabilities and he was stretched too thin because he had a dozen other clients. The other CFO was looking to outsource the IT for the first time, taking that burden off one of the company's senior executives that adequately handled it when they were smaller, but now is in over his head. To my surprise, each had the same concern – a fear of losing control and confidentiality. Even though they were looking at two different avenues of solving their technology needs (hiring versus outsourcing), each had the exact same concerns. I thought I’d continue my Hiring IT series to address their concerns, especially since this isn’t the first time I’ve heard them.

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Topics: High Growth

What is an Auto Technology Specialist Anyway?

Patrick Leonard

After writing my blog post, Where Auto Dealerships Use Technology to Drive Profitability, I received emails regarding one line in the introductory paragraph all asking, “What is an Auto Technology Specialist? Tell me more about that.”

The line that I wrote in my initial post:

Cars have so much technology packed in them that many auto dealerships now have an auto technologist on staff just to demo all the gadgets on board to the new owners.

In short, an Auto Technology Specialist isn’t on the IT or network side of technology like myself. The person in this position demonstrates all the technology in the vehicle to the new owners.

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Topics: Automotive

Do I Need Cyber Insurance?

David Bourgeois

It may surprise you that your general commercial property and casualty insurance doesn’t cover cyber-attacks. You may not know such a thing as “cyber insurance” even exists or why a business would need cyber insurance.

Cyber insurance financially helps policy holders to mitigate the cost of recovering from a cyber-related security breach. In my opinion, all companies need cyber insurance, whcih is also known as cyber risk insurance or cyber liablity insurance coverage (CLIC). This need is especially prudent for companies with valuable data, such as Protected Health Information (PHI), financial data and stored credit cards, and proprietary information. 

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Topics: Data Protection

Can Technology Make Us More Profitable?

Guest Author

Guest post by Neel Sus, CEO & founder of Susco, a business solutions-focused web and mobile app development firm.  

I get one question all the time from high-growth executives, “Can technology make us more profitable?"

Oftentimes, their companies already use systems for accounting and CRM (Customer Relationship Management), and they are not sure (1) what processes could be improved and (2) if there is a business case to improve them.  

Over the years, we've identified some very clear indicators for when it's time to invest in technology to improve processes (and your bottom line); some indicators are so obvious it hurts because you’ll wish you thought of it earlier while other are subtle. Either way, if you see these indicators in your business, I recommend talking with someone to review the ROI of implementing a potential change.

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Topics: Efficiency & Productivity

5 Tools to Optimize Your Business

David Bourgeois

Your IT department should be a profit center in your business, not an expense. If your technology isn’t providing you a strong ROI (Return On Investment) compared to doing things manually, then you probably need to rethink your business plan or get a good IT support team on hand quickly.

With this frame of thinking, we review every aspect of our business and our clients businesses thinking about the ROI. If the ROI doesn’t make sense, we don’t proceed. If the ROI is strong, it should be a no brainer. My rule is to never make lateral moves for the sake of change; every move must be a step up.

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Topics: Efficiency & Productivity

The Future of Construction is Technology

Perryn Olson

BIM and digital blueprints on tablets are now commonplace on construction jobsites, and online bid rooms are “old hat”. Buildings are chock full of technology to make them LEED certified, to appeal to Millennials, and to run innovative companies. We’re seeing amazing construction products fueled by technology including permeable concrete to massive brick road laying machines and even self-driving crash trucks for roadwork.

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Topics: Architecture/Engineering/Construction

Why Am I Having Trouble Hiring & Keeping My IT Staff? (Part 3 of our Hiring IT Series)

David Bourgeois

One of the biggest challenges I often hear from business executives about IT is in regards to hiring and managing their IT team, whether internal or outsourced. Usually this duty is bestowed on the CFO or Controller, regardless of their skillset or knowledge of technology. Why? Because IT is seen as an expense, not as a profit center (I’ll discuss how this needs to change in the near future), so logically the “money man” needs to manage it.

The reason CFOs or Controllers struggle to hire and manage their IT team is that they do not know the difference between a poor,  an average, or a great IT professional.

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Topics: High Growth

Debunking 13 HIPAA Technology Myths

David Bourgeois

Although HIPAA is the law, many people have numerous misconceptions and myths they hold onto about HIPAA. Let me dispel the top 13 HIPAA Technology Myths that we commonly hear so you’re not caught off guard.

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Topics: Heathcare IT

About My IT's Blog

We believe an educated client is the best client, therefore, we share our knowledge with executives and business owners looking for a fair, knowledgeable IT firm that fits well with their company and objectives.

My IT helps companies to protect their data, become more efficient and productive, and to boost high-growth using technology. In our blog, we discuss these topics and our extensive expertise working with medical practices, construction industry companies, and auto dealerships.

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