Software Development Company Helps Mitigate Technology Risks

Published on: 29 July 2022 Last Updated on: 19 February 2025
Technology Risks

Technology risk is a term used to describe potential pitfalls in the data privacy regulations and restrictions for businesses that exist in today’s world.

It also describes risks that might be experienced through poor decisions made by an IT department or mistakes.

However, with the increased use of technology comes a risk of cyber-attacks such as ransomware and spam, which puts your business at risk if they are not mitigated appropriately.

Thankfully, DICEUS is here to take care of all of this. Find out how this company helps to mitigate IT outsourcing risks in this blog article!

7 Effective Ways Software Development Company Can Mitigate Technology Risks

Software Development Company

1. Strengthening network infrastructure:

Business owners face many risks when it comes to technology. One of the most important is the risk of data loss.

The good news is that there are ways to mitigate this risk. By strengthening the network infrastructure, business owners can prevent their data from being compromised by a cyber-attack.

They can also make sure that their employees are using safe passwords and limiting access to sensitive information. By doing these things, they can reduce the risk of data loss and cyber theft.

2. Evaluate the effect and probability:

When it comes to mitigating technology risks, businesses must first assess the effect and probability of potential risk.

Once the risk is identified, businesses can then create plans to mitigate the risk. For example, businesses can install security measures such as firewalls and intrusion detection systems.

Additionally, they can develop contingency plans in case of a technical issue. Finally, they can train employees on how to use technology safely.

3. Create a security plan:

Technology risks in business can come from many sources, including cyberattacks, data breaches, and employee theft. A security plan should be created to mitigate these risks.

This plan should include measures to protect the information, such as installing firewalls, encryption, and passwords. It should also outline how to respond if an attack occurs and how to protect systems from insider threats.

You can also train employees on how to use technology safely, and policies that restrict access to sensitive data.

4. Track Security Threats Regularly:

To ensure that your business is safe from technology threats, you need to track security threats regularly. Continuously tracking security threats and vulnerabilities can help mitigate technology risks in business.

Threat intelligence tools can flag potential threats as they occur, providing real-time alerts so that you can take appropriate action.

You can also use cybersecurity monitoring services to track events and identify potential vulnerabilities. By identifying and addressing early vulnerabilities, you can prevent more serious damage from occurring.

5. Employ a devoted team for risk management:

Businesses need to employ a team of dedicated risk management professionals to mitigate technology risks.

This team should have the knowledge and expertise to identify potential risks, assess the probability and severity of those risks, and develop mitigation plans.

They should also be able to communicate with other departments within the company about risks, keep track of changes to software and hardware by the software development company, and collaborate with IT staff when necessary.

6. Protected Endpoints:

Technology risks can be mitigated by implementing a policy of protected endpoints. This means that all devices and data paths crossing your company’s firewall should be protected with strong authentication and encryption measures.

This will help to ensure that data is not stolen or hacked, and that confidential information does not fall into the wrong hands. In addition, strict logging and auditing procedures should be in place to track any suspicious activity.

7. Make a strategy for recovery:

To mitigate technology risks, it is important to create a strategy for recovery. This will allow you to react quickly if something goes wrong and minimize the impact of the mistake.

Some ways to make a strategy for recovery include setting up detailed incident logs, creating procedures and policies, and training employees on how to use the technology.

By doing this, you can reduce the chances of a technology failure impacting your business adversely.

Going ahead

Technology risks are a major concern for businesses today. With so many different platforms and applications available, it can be hard to keep track of which ones pose the greatest risk to your company’s data and security.

Luckily by opting for the services of DICEUS, you can mitigate these risks and protect your business from potential cyberattacks. By using these services, you can ensure that your data is safe and secure while still allowing you to use the latest technology options.

Additionals:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

IT Security Risks

Common IT Security Risks in the Workplace

When it comes to your business, it is important to recognize some of the highest security risks that are present. Your security needs to be a top priority. To run your business, you will collect a lot of information about customers and even other businesses you work with. If a data breach happens, you could end up with a huge loss in reputation and other issues. There are a number of big IT security risks that can show up in the workplace. Recognizing these and finding ways to prevent them can keep that data safe. Some of the common IT security risks that can happen in the workplace include: 1. Insider Threats According to one study,  about 57% of the recorded data breaches were not done by outside attackers. Instead, these were done by a threat that is inside the organization. And often this is not because someone is being malicious within the company. Negligent employees who click on the wrong link or give off information carelessly were often the cause. One of the top causes of a data breach still remains human error. Companies need to maintain focus on the inside as much as the outside to ensure data stays safe. However, it is sometimes hard to detect an insider threat. In addition to watching for these insider threats, a company needs to invest in the right training for its employees. Since most of this issue comes from negligence or carelessness, rather than malicious intent, things like security awareness training may help more than anything. 2. Social Engineering Another threat to watch out for is something known as social engineering. It can affect companies as much as it will affect individuals. Humans are susceptible to manipulation, which is why many attackers will use a variety of psychological tricks to get what they want. With social engineering, the right protection software or looking for different indicators of compromise will not be enough. It is hard to really predict human behavior all the time. All it takes is for one person to click one lucrative offer that is too good to be true, and your company has to deal with a data breach. What makes it even worse is that malicious attackers can easily find new ways to trick individuals to give up private data or granting access to critical areas. There are many different types of social engineering attacks that can be used including: Spear phishing Whaling Baiting Pretexting Tailgating Scareware Vishing Since this issue can exploit the basics of human behavior, it is sometimes hard to find the best way to combat it. Even tech-savvy users have fallen victim in the past from some of these. Educating your employees about these attacks and updating your training procedures is one of the best ways to help. 3. Ransomware Another thing to be careful about is ransomware. This can be a scary type of tactic that will make even the best in IT have to do a lot of work to prevent and fix it. Basically, this is when a hacker is able to get ahold of private or sensitive information and they demand a ransom to get the information returned. Sometimes the hacker just has the information, other times they will choose to freeze up a whole system and make it impossible to use. Even when. You agree to pay the ransom, there is little chance that the data will be returned and that the hacker will leave you alone in the future. Ransomware is simply a type of malware that can infect a network or a computer. It then encrypts the files or finds another way to deny others access to them before demanding some kind of ransom in the process. Usually, the malware will not delete the files. They will be present on the network, but without the decryption key, no one can access them. There are a lot of threats that come with this kind of attack, such as the permanent deletion of the files. But whether you pay or not, the hacker is already on the system and is the one in control the whole time. There are a few things you can do to prevent this security threat. First, teach your employees about how it works and how to not open suspicious files or attachments in their emails. This can help keep the chance of ransomware off the computer. Backing up your data and keeping records off the main part is a good idea too. This will allow you to start over with the information you need, without having to play the games, and most often lose, with the hacker. 4. Consider a Cybersecurity Audit If you are worried about some of the security risks that show up in the workplace, it may be a good idea to do a full audit of your system. A cybersecurity audit allows a professional to take a look at your network and the way it is used to determine whether there are any weaknesses that could increase your risk of an attack. Getting this audit done is one of the best ways to see where your security is right now. When it is done you should have a complete report about what is working and what is not when it comes to your network. Expect there to be things wrong with the audit. This is just a chance to fix them. When the audit is done, take some time to go through all the different recommendations and suggestions and find ways to improve your network security. Even small steps in the right direction make it less likely someone will get onto the system who should not be there. 5. Keeping Your Network Safe There are a number of IT security risks that you need to be careful about when it comes to the workplace. Planning ahead, recognizing some of these issues, and completing a cybersecurity audit can help you get the right level of security you need. Read Also: Everything You Need To Know About PKI In Cybersecurity How To Make Sure You Get The Best Service From Your IT Supplier A Few Things You Should Know Before Finalizing Managed It Services

READ MOREDetails
slider-img

How to Improve Workplace Security

We often talk about workplace safety and even use scaffolding planks and other such tools to make jobs easier and safer. However, we hardly talk about workplace security, which is as important as safety, if no more. In fact, the two concepts are interlinked. You can’ feel safe if you’re not secure. It’s important to keep the place safe from intruders and protect employees from injuries. Read on to find out how you can significantly improve the security of a workplace. Make Sure to Lock All Doors and Windows : Having a secure system for locking your place after leaving is one way you can ensure workplace safety. Make sure you have windows and doors that lock securely. The best option is to use a complete security system that’s computerized and can control all entrances without any trouble. This helps ensure the job is done properly. Restrict Access to Important Zones : You will have confidential information that you’d like to keep secure. The best option is to keep such information in a password-protected zone so that only people who have an access to it can enter or exit the room. You may also use other tricks, such as biometric verification, to control entry and exit. Install a Security System : Have a security system installed in your workplace to ensure more security. Burglars are less likely to break into a property that’s secured. You can install CCTV cameras and motion detectors to ensure security. These devices can help you keep an eye on what’s happening at work and also record video that can serve as a proof in case of a theft or other such accidents. Just invest in a high-quality CCTV system that can record videos at night and also allow you to enjoy live feeds on your mobile devices. Protect Against Fire : A fire alarm is a great way to keep your workplace safe. If there was even a threat of a fire being started the alarm would go off to alert everyone to quickly evacuate the place. They can also instruct sprinklers to go off so that the damage is reduced. Moreover, the latest smoke detectors can also send you a notification on your email or phone in case there’s a fire so that you can take an action quickly. Draw an Emergy Plan : Have an effective emergency plan so that people can escape in case of an emergency. Also, prepare a list of procedures to follow in case of an emergency so that the extent of damage can be reduced. A list of emergency contacts should be kept with all the workers for their safety. drill for evacuating the place in case of any emergencies is also necessary. Having this drill every now and then will help the workers be quick and organized with the evacuation process. Have Security : Believe it or not, this trick is still quite effective in keeping burglars away. Hire security staff to safeguard the entrance. Also, create security checks at all entrance points to ensure nobody enters the property without being inspected. Train Your Employees This is a great way to improve the safety of your workplace. Training your employees to take all security measures properly will help make the place more secure. They should know how to lock or unlock doors and keep information safe and secure. Reduce Visitor Interaction : Visitors should be limited to only a few specific areas of the workplace. They should not be allowed on places like storerooms, utility closets, or boiler rooms. Also, make sure to keep a record of all visitors and to have guest passes so that you’re well aware of guests in the workplace. Protect Your Data Data security is very important. Since most of our data is stored on computers, criminals can access it without having to physically break into the premises. Make sure to strengthen your IT department and to use fool proof methods to safeguard your computers. Password protect all your files and use passwords that are hard to guess. Also, make use of an antivirus to ensure no malware or spyware can cause your system to get infected. Also, train your employees on how to safeguard data. It’s also common for employees to get involved in theft for different reasons. This can be prevented by making sure they can’t download or take data back home. Get in Touch with Professionals This is the best way to ensure safety and security. A professional security firm will ensure you’re well protected against all kinds of dangers. Speak to different organizations and pick one that appears the most reliable to you. Follow these simple tips to ensure workplace security. It’s important because nobody wants to work at a place that’s unsecure. Read Also: Why Is It Essential To Have A Social Security Number? Top 10 Computer Security Mistakes Relocating Your Business To Downtown Toronto? Read This First

READ MOREDetails
Cannot Log In

The Most Common Reasons Why You Cannot Log In To a Website

Do you know how common it is to be not able to log in to a website? Well, if you know, you wouldn’t worry at all when the site locks you out. There could be many problems that become a reason for such an issue. The good part is? Most of these have common fixes, so stay here as we walk you through the easiest guide on how to regain access to a website If you cannot log in to a website, there can be hundreds of reasons which can be the reasons. But that is not all. Even due to some technical faults, the viewers can not access the websites.   6 Common Reasons For Which You Cannot Log In Even sometimes you have queries like why can't I log in to Facebook on my phone or desktop. This is a common scenario. But when you are facing the problem the first time, you will be scared. Hence the first thing which comes to our mind is accounts are being hacked. But only hacking might be the cause of this problem. Then what are the reasons for which you cannot log in? 1. First Of All, Check Your Internet Connection   When I first realized that internet issues could be the cause of can't log in error, I was trying to sign in at Cash App and it wasn’t working. After trying all the possible fixes, I figured out that a faulty internet connection was getting in the way.  Typically, it helps to load a google page and see if the results come up. That would indicate how smoothly your internet network is working.  2. You May Be Using An Incorrect Username  Login credentials are obviously important, and a website may not be giving you access because you are trying to log in using the wrong username. You may have made a mistake, put in the wrong character, missed an alphabet, etc.  The website needs an exact username to let you pass, and therefore, it won’t work unless you provide the right information. And you will see the can't log-in signs flashing in front of you. 3. Too Many Attempts Can Log You Out  If you put in a wrong password or a username, you will be prompted to try again. However, after 3 to 4 wrong inputs, the website may lock you out for security reasons.  This is to help prevent a hacker from repetitively trying to log in without valid information. But these security issues sometimes become the cause of can't login errors. 4. Violation Of Site Policies Can Have You Suspended  Some websites have more strict policies and terms of use, especially the ones set by the government, such as myhealthplan account, etc. When a user violates any of the rules and regulations, they may be suspended temporarily or permanently from accessing the account due to the can't log in error.  Some websites do not tell you the policy that you have violated, whereas others will warn you once or twice before banning your account.  5. The Website May Just be Down For Maintenance  Websites are maintained online and have complicated operations at the back end. They are frequently taken down for maintenance. So, when you are trying to log in, and the website is undergoing maintenance work, there are solid chances that you will not be able to get access.  This cannot log in issue is less common with big websites. There are also a few others that actively inform their visitors that the website is not available for the time being.  6. Incorrect Password Can't you log in to any website? The first culprit may be internet connectivity. Then the second one can insert the incorrect password. Yes, this is a very common error. You are recording a separator password. But during the login, you are given another password.  As a result, the website does not let you access your account or website. How to recover it? This is very simple: always use the recovery protocol to recover the account details when you can not log in to your website. A Simple Hack Before You Go!  Although enabling cookies or checking that Java is enabled works for fixing some glitches in the website and login issues, there is one tried and tested method that never disappoints: Try clearing your cache and cookies! If  Facebook is hacked cannot log in to the account. Then the cookies are sometimes the main culprits. Hackers can easily track the locations of the devices with the cookies, and hacking is easy when your locations are easily findable. This is something that even the can't log in due to customer support services often suggest when you are not able to access a website or online account. Or when only a portion of the website is available. This may be due to technical reasons. Once you clear the cookies and the cache, anything that is messing up the website will be automatically cleared, and you will have a blank slate to work with.  Read Also: How do you choose an SEO-friendly theme for your website? How To Find The Fastest Available Internet In Your Area? 7 Advantages of Using Website Design Templates Fax Over the Internet

READ MOREDetails