Financial Institutions

IT Budgeting is EASY

From the desk of Jeff Wheeler, Managing Partner First of all, from time to time in the IT world, you as a user or a business owner will have complications. Issue here, issue there, just issues. So think about it. If you purchase IT assistance by the problem or issue, you can’t budget effectively. This means the more problems you have as a customer, the more money we make as your IT service provider. Ka-Ching! Your problem equals dollars for us. The “answer” to the paying-by-the-problem scenario is to go with a flat-rate, monthly fee model such as our Managed

Top 5 Most Dangerous Trends Facing Financial Institutions Moving to the Cloud

What is cloud computing and why are financial institutions considering the move? Probably the most motivating factor is the ability to stay competitive. by akakumo Traditionally, financial institutions keep all their electronic files and programs on computer systems they directly control, servers and mainframes that are physically housed within the organization. While this is good for security, it makes advancements in technology slow, painful and expensive. Tapping into the power of the cloud to implement new programs, services and applications can make all the difference from a competitive standpoint. Dangers Inherent in Cloud Based Systems Unfortunately, moving to the cloud is not without pitfalls and dangers, which must be addressed before financial institutions can fully

How to Deal With Security Breaches for Banks

In an ideal world, every security breach could be prevented, but unfortunately, that’s not the case. In the real world, security breaches happen pretty much every single day. It happens with much more frequency than I think any of us would be comfortable with — James Boffetti of the Attorney General’s Consumer Protection Bureau in regards to bank data breaches If your bank hasn’t had a data security break in, you’re one of the lucky ones. But once a breach has occurred, you’ll be in a much better position if you have a response plan in place. It’ll help the

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IT Budgeting is EASY

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