Organizations of all sizes are at risk for cyber attacks that can cripple operations and cause lasting damage. Businesses must have a plan in place for communicating with customers in the event of an attack so as to minimize losses. We are happy to share some information from our partners at Pronto Recovery about planning your communication and response after a cyber attack. The costs of a cyber crime The price tag of a security breach is staggering, with an average cost of $1.2 million. Cyber crime will cost the world in excess of $6 trillion annually by 2021 and financial costs are not the only consequences. Ransomware attacks are the #1 cyber threat to businesses and are growing at a yearly rate of 350%. These often start with a simple phishing email and can lead to the complete shutdown of business operations. One-third of companies surveyed claimed their company lost intellectual property due to a cyber-attack and 36% of them believe the attack reduced their competitive advantage. In today’s globalized business environment, organizations of all sizes face the prospect of falling victim to a cyber-attack or IT outage that could cause serious damage to its infrastructure and ability to operate. Despite the improvement of cybersecurity techniques, criminals continue to develop sophisticated ways to disrupt systems and steal data. The need to prepare for cyber-attacks is more important than ever. According to Cisco’s 2017 Annual Cybersecurity Report more than one third of the organizations that experienced a cyber breach in 2016 reported a loss of customers, business opportunities and [...]

On September 5 Facebook’s VP of Engineering Jay Parikh announced plans to build a new $1 billion data center in Singapore. This will be the first data center engineered by the company in Asia and will run on 100% of renewable energy. The planned 1.8 million square foot facility will employ evaporative cooling technology to minimize water and power consumption while maintaining the required temperatures without supplemental cooling, reducing water usage by 20%. Singapore’s location and more relaxed stance on the storage and transfer of data than surrounding countries has led many tech companies to build there including Google, who has 2 centers there already and is planning a third. Singapore currently has over 80 active data centers and the Singapore government is encouraging growth in the market. The data center is expected to begin operations in 2022, although the construction will continue past that date. ImagIT Solutions is a network engineering company that provides comprehensive IT services for channel partners, managed service providers and enterprise businesses with multiple locations. ImagIT was founded with the goal of providing comprehensive, IT services for multi-site organizations. Built on providing exceptional customer service with the most trusted technicians in the field, we continue to grow with our clients and expand internationally. Our team of 400 expert engineers and full PMO are ready to take on any type of networking engagement!  Whether its proactive support, an emergency call, long-term projects or ongoing break-fix services, ImagIT will deliver a solution that is customized to best fit your organization. [...]