New ser­vice helps tackle un­wanted fi­nan­cial, op­er­a­tional & rep­u­ta­tional risk

OffComm News - - CYBER SECURITY NEWS -

Of­ten bring­ing heavy fi­nan­cial im­pact, the is­sue of Cy­ber se­cu­rity is no longer just a con­cern for the IT depart­ment. To­day, it’s be­ing ush­ered into the board­room and be­ing firmly placed in front of CEOs and CFOs. Fur­ther, there are up­com­ing changes, to the Euro­pean Gen­eral Data Pro­tec­tion Regulation, which in­clude fines for non­com­pli­ance. In light of this, the ICO ( In­for­ma­tion Com­mis­sioner’s Of­fice) is urg­ing busi­nesses to start tak­ing ac­tion.

To help busi­ness lead­ers tackle th­ese pres­sures, a new tril­ogy of man­aged IT ser­vices has been launched to pro­vide pro­tec­tion against ex­ter­nal and in­ter­nal threats, as well as backup and re­cov­ery ca­pa­bil­i­ties to min­imise down­time and help pro­tect against fi­nan­cial, op­er­a­tional and rep­u­ta­tional dam­age. Via the Elite Group, th­ese ser­vices are pow­ered by lead­ing tech­nol­ogy ven­dors: Fortinet, Va­ro­nis, and Quo­rum.

Study finds that Euro­pean CIOs are feel­ing the pres­sure more than they did five years ago. 76% of se­nior IT lead­ers sur­veyed by Colt in the UK, France, and Ger­many say that they feel more per­sonal risk when mak­ing de­ci­sions than they did pre­vi­ously, due to IT’s in­creas­ingly cen­tral role in busi­nesses.

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