Cyber security may be impacting companies worldwide, but certain countries are more committed to improving corporate safeguards than others. ABI Research's latest Global cyber security Index (GCI) report named the United States as the most dedicated to this cause, followed by Canada.
The GCI is based on five benchmarks, including cooperation, capacity building, legal initiatives, technical measures and organizational strategies. The goal of the index is to promote a culture based on communication and information.
"The GCI represents a significant step forward not only in terms of international cooperation and public-private partnership, but also in promoting the importance of cyber security at the global level. The project can only benefit from increased collaboration and we are pleased that the GCI will find a 2.0 iteration," noted ABI Research Practice Director Michela Menting.
Firms must protect the infrastructure or experience the fallout
Businesses of all sizes and industries are at risk of security breaches. These incidents can result in damaging outcomes that put the brand in question in a struggle to regain the public's trust. Companies that expose consumer or client data will also likely receive steep fines for failing compliance guidelines.
It shouldn't come as a surprise that organizations will likely allocate more funds toward safeguarding their infrastructures. A separate ABI Research report suggested worldwide security expenditures will reach $109 billion by 2020. The public sector and healthcare industries are expected to invest heavily in security measures to shore up their defenses.
"Information technology (IT) spending will dominate cyber security investments for critical infrastructure protection to the detriment of securing operational technologies (OT) as found in industrial settings," Menting explained.
Securing your systems can be daunting
Small and midsize businesses often lack resources to properly maintain a secure environment. Often, IT personnel split their time between working on business-critical processes and managing the organization's networks. They do not have time to continuously monitor systems or install necessary patches on a regular basis, resulting in weak points that put the company's IT infrastructure at risk.
Pinnacle, an Advanced Imaging Solutions company, takes on the daunting task of network and system management so that the IT department can focus on more important tasks. Pinnacle's Support Engineers continuously monitor network health and install important updates as needed, keeping a client's infrastructure operating smoothly with little to no disruptions in productivity.
A true partnership
Pinnacle partners with clients to manage its networks, but the service doesn't stop there. Pinnacle's support personnel act as an extension of their clients IT department. With a Managed Network Services agreement, clients have access to a full team of IT experts without needing to employ them in-house. Tiered help desk support is available to assist Managed Network Clients whenever an issue arises.
Additionally, Pinnacle IT consultants can help organizations develop custom technology roadmaps to align business strategy to technology. Consultants work closely with clients to discover operational goals and come up with a plan of action, using technology, to reach them. With the correct technologies in place, businesses can become more agile, productive, and profitable.