Tag Archives: IT Concerns

Cybersecurity, IT Support, Technology

IT solutions for SMEs with limited budgets

IT solutions for SMEs with limited budgets

As a small or medium-sized enterprise (SME) with a limited budget, it can be challenging to invest in IT solutions that can improve your business operations. However, several cost-effective IT solutions can help SMEs streamline their processes and remain competitive.

To decide what is best for your business, you need to understand your business’ needs, the people who work there, your budget and how staff need to work to meet the company’s objectives. When it comes to your staff, think about what they really need and if you’re unsure, ask them. Do they all need the same level of licences for the Adobe Suite or other software? Can you work from anywhere or do you need a traditional office setup? Identify what your business constraints are; if that’s a technology solution, direct your limited budget there.

One of the best ways to save money as a business is to make sure your initial investments are quality ones. For example, make sure your Wi-Fi network is properly set up, don’t purchase outdated, subpar equipment, make sure to update and maintain all your devices, invest in a web or mobile presence, install, update and regularly use anti-malware programs and most importantly, work with an IT service to manage your IT systems for you.

Managed service providers are cheaper than hiring an in-house IT team and they ensure your systems are working properly. An MSP is a way to reduce costs in your IT systems as it consolidates your technical support with one IT service. MSPs can provide businesses with access to experienced IT professionals who can help manage their IT systems, monitor for security threats and provide ongoing support and maintenance. A good MSP can help you determine what IT your unique business needs without pushing services on you that won’t benefit your business.

Low-budget IT Tools

Software can quickly become expensive, especially if you rely on multiple, complex systems to run your business and smaller businesses often turn away from investing in good software which can be detrimental to your business.

One of the most popular and cost-effective IT solutions for SMEs is cloud computing. Cloud-based solutions, such as storage and software-as-a-service (SaaS), can be accessed through the internet and can help businesses save money on IT infrastructure and maintenance costs. If you have one, ask your managed services provider to transfer your systems and data to the cloud.

Another IT solution that SMEs can consider is open-source software. Open-source software is software that is freely available to use and modify and can help businesses save money on licensing fees. Popular open-source software includes the operating system Linux, as well as productivity software such as LibreOffice. SMEs can also consider using open-source CRM (customer relationship management) software to manage their customer interactions and sales processes. Open-source CRM solutions, such as SuiteCRM or SugarCRM, can be customised to meet the specific needs of a business and can help SMEs improve customer engagement without breaking the bank.

Keep in mind, however, that open-source software does not come with support and is normally not as stable and reliable as commercial software. If you run into issues with open-source, you’ll need to rely on the goodwill of the community to assist you. As long as you understand this risk, then open-source is a low-cost solution. We generally would not recommend companies with more than five employees rely on open-source software as the risk of business interruption can be costly.

Virtualisation is another cost-effective IT solution that can help SMEs optimise their IT infrastructure. With virtualisation, businesses can run multiple virtual machines on a single physical server, which can help save money on hardware costs and reduce energy consumption.

Cyber Security

When times are tough for business, it might be tempting to cut costs in areas that might seem unnecessary, such as Cyber Security, but it is a decision that can see customers, clients and employees being exposed to cyberthreats.

There are a range of steps a business can take to create a defensive posture around Cyber Security that does not cost a fortune.

Your company should start with procedures and policies to create a Cyber Security culture within the business. This outlines how you will protect your employees, clients and customers. An incident response plan is essential to mitigate damage and protect your business operations, and even more so, training your staff about Cyber Security threats is one of the most cost-effective ways to reduce threats as most attacks occur due to human error. Regularly provide tips and refreshers, or ask your MSP to help with training.

There are certain budget-friendly security software you can use to help protect your business and its data. For example, to secure your digital assets and control them when they might be at risk, you can use a software called DriveStrike that can remotely locate, lock and wipe devices.

It’s also a good idea to invest in encryption. Many devices already have some sort of encryption options built into them, so take the time to configure these. Also, if you’re heavily reliant on email, there are security email services that encrypt your information while in transit. Make sure you encrypt your backups too and that these are stored in multiple locations.

While it might seem a hassle, using two-factor authentication adds an extra step of security when logging into accounts, such as emails, bank accounts, work machines or software. Many services and accounts already have this option built-in, so check if yours do and if not, make sure to use a program that does this as it increases the difficulty of cybercriminals accessing your data.

A way to protect your business freely is by making sure your software and applications are up to date. If a vendor notices a security risk in its service, it will fix the issue and release a security update. Make sure you immediately install these to prevent criminals from taking advantage of these risks. This goes with older software too. If you’re not already, make sure you are using Microsoft 365 rather than an older version as these older versions are not updated anymore. This gives cybercriminals the time to build complex threats that they can then use to infiltrate your business as they have no time constraint as they’re no longer being updated.

If your workforce is hybrid or remote, ensure employees know how to secure their home routers as they are usually only using consumer-grade ones compared to a more secure one in the office.

Make sure you’re educating yourself on the technology your company needs so you can understand the value you are receiving from the technology, hardware or software you are using or buying.

There are several cost-effective IT solutions available for SMEs with limited budgets. From cloud computing and open-source software to virtualisation and outsourcing IT support to MSPs, SMEs can take advantage of these solutions to optimise their IT infrastructure and improve business operations. By considering these IT solutions, SMEs can remain competitive in today’s fast-paced and technology-driven business environment.

Do keep in mind though, that to maximise your business’ collaboration, processes, Network and Cyber Security, and long-term growth, businesses should be investing in their IT systems. As your business grows, so do your IT needs, so if you’re trying to cut back on costs, your business might not reach the potential it possibly can. Investing in your IT systems can actually save you time and money, help you stay competitive, inform better decisions and increase revenue.

Well-thought-out IT solutions for SMEs can make the difference between thriving or barely surviving.

Essential Eight, MSP

How does The Privacy Act affect my business?

How does The Privacy Act affect my business?

If you run a business in Australia, you’ve probably heard about the Australian Privacy Act. It’s a law that sets out how businesses must handle personal information, but what does it mean for you and your business?

What is Personal Information?

Personal information is any information that can be used to identify an individual. This includes things like names, addresses, phone numbers, email addresses and even IP addresses. The Australian Privacy Act applies to all personal information that is collected, used or disclosed by businesses.

Key requirements of The Privacy Act

So, what are the requirements of the Australian Privacy Act? There are several key requirements that businesses must meet to comply with the law:

  1. Open and transparent management of personal information: Businesses must have a clear and transparent policy for how they manage personal information.
  2. Anonymity and pseudonymity: Wherever possible, businesses must allow individuals to remain anonymous or use a pseudonym.
  3. Collection of solicited personal information: Businesses must only collect personal information that is necessary for their business activities.
  4. Dealing with unsolicited personal information: Businesses must destroy or de-identify unsolicited personal information that they receive.
  5. Notification of the collection of personal information: Businesses must notify individuals about the collection of their personal information.
  6. Use or disclosure of personal information: Businesses must only use or disclose personal information for the purposes for which it was collected unless an exception applies.
  7. Direct marketing: Businesses must provide an opt-out option for direct marketing.
  8. Cross-border disclosure of personal information: Businesses must take reasonable steps to ensure that personal information is protected if it is disclosed to an overseas recipient.
  9. Data quality: Businesses must take reasonable steps to ensure that personal information is accurate, up-to-date, and complete.
  10. Data security: Businesses must take reasonable steps to protect personal information from misuse, interference, loss and unauthorised access, modification or disclosure.
  11. Access and correction: Individuals have the right to access and correct their personal information.
  12. Complaints: Businesses must have a process for individuals to make complaints about how their personal information is being handled.

How does The Privacy Act directly affect your business?

The Australian Privacy Act applies to all businesses that collect, use or disclose personal information. This means that if your business collects personal information from customers, clients or employees, you must comply with the law.

If you don’t comply with the Australian Privacy Act, you could face fines and legal action. This could damage your reputation and hurt your business. So, it’s important to take the law seriously and make sure that your business is compliant.

To comply with the Australian Privacy Act, you’ll need to take steps to protect the personal information that your business collects, uses or discloses. This could include implementing data security measures, creating a privacy policy and providing training to employees about how to handle personal information.

The Privacy Act and Cyber Security

As technology continues to evolve and become more integrated into our daily lives, the need for Cyber Security measures has become increasingly important. In Australia, The Privacy Act is a legal framework that governs the collection, use and disclosure of personal information by businesses, however, in today’s digital age, Cyber Security breaches can pose a significant threat to The Privacy Act, and ultimately, to the privacy of Australian citizens.

Cyber Security refers to the measures taken to protect digital information and systems from unauthorised access, use or damage. Cyber Security breaches can come in many forms, including phishing attacks, malware infections and hacking attempts, and the consequences of a successful cyberattack can be severe, ranging from the loss of sensitive information to financial damages, and even reputational harm.

For businesses, Cyber Security is closely tied to The Privacy Act. Under the Act, businesses are required to protect the personal information they collect and hold, and must take reasonable steps to ensure that this information is kept secure. This means implementing appropriate Cyber Security measures to prevent unauthorised access or disclosure of personal information.

Despite the legal requirements set out in The Privacy Act, many businesses still fall short when it comes to Cyber Security. A lack of investment in Cyber Security measures, combined with a growing sophistication of cyberattacks, has left many businesses vulnerable to breaches. This not only puts personal information at risk but also undermines the trust of customers and stakeholders who rely on these businesses to safeguard their data. Customers need to feel confident that their personal information is being handled securely, and when businesses fail to protect this information, it can have devastating consequences.

Another issue is the cost of cybercrime to businesses. Recovering from a cyberattack can be incredibly expensive, both in terms of financial costs and lost productivity. Small businesses, in particular, may struggle to recover from a serious cyberattack, which can put them out of business altogether.

Cybercrime is having a significant impact on The Privacy Act for Australian businesses. While the government is taking steps to address these issues, including introducing the Notifiable Data Breaches scheme where an organisation must notify affected individuals and the government when a data breach is likely to result in serious harm to those whose personal information has been affected, as well as Essential Eight, it’s up to businesses themselves to take proactive steps to protect their customers’ personal information. This means investing in robust Cyber Security measures, implementing strong data protection policies and educating employees about the importance of Cyber Security. By taking these steps, businesses can help prevent cybercrime from undermining The Privacy Act and damaging their reputation.

In summary, the Australian Privacy Act is a law that sets out how businesses must handle personal information. If your business collects personal information from customers, clients or employees, you must comply with the law. This means taking steps to protect personal information and ensuring that your business is compliant with the law. By doing so, you can protect your business and your customers’ privacy.

Cybersecurity, IT Support, MSP, vulnerability scan

Can IT issues cause a drop in my employees’ and my company’s productivity?

Can IT issues cause a drop in my employees’ and my company’s productivity?

Information technology (IT) is an essential part of any modern business, and IT issues can cause significant problems that can affect employee and company productivity.

Employee productivity generally means either doing more work in less time or taking fewer hours to complete tasks. Increased employee engagement also improves morale which eventually reduces employee burnout.

Low productivity also results in poor performance by employees, affecting the quality of work and deliverables and, ultimately, your company’s profitability will decrease. It’s important to snub the low productivity issue at the core, which, oftentimes, comes from IT-related issues.

What are some IT-related issues in the workplace?

  • Software malfunctions
  • Freezing computers
  • Scanner or printer issues
  • Old computer systems
  • Annoying pop-ups
  • Internet connectivity issues
  • Viruses and malware
  • Learning to navigate new updates

How IT issues can cause a drop in productivity

  1. Downtime: IT issues can lead to downtime, which is the period when IT systems are not functioning correctly. Downtime can be caused by hardware failures, software crashes or network connectivity issues. Downtime can lead to a loss of productivity as employees are unable to perform their work, leading to delays in projects and missed deadlines. Network issues can also cause employees to miss online calendar alerts for meetings, events, calls and time-crucial emails, impacting sales, customer relationships and company reputation.
  2. Slow systems: Slow systems can be caused by a lack of memory, outdated software or hardware issues which can lead to a decrease in productivity as employees are unable to complete their work as quickly as they would like. Slow systems can also lead to frustration, leading to a decrease in employee morale.
  3. Data loss: IT issues can lead to data loss, which is the accidental or intentional loss of data. Data loss can be caused by hardware failures, software crashes or human error and can lead to a significant loss of productivity as employees are unable to access the necessary data to complete their work. Data loss can also lead to a loss of trust from customers and stakeholders, which can have long-lasting effects on the company’s reputation.
  4. Cyber Security breaches: Cyber Security breaches can be caused by a lack of security measures, outdated software or human error. Cyber Security breaches can lead to a loss of productivity as employees are unable to access the necessary systems or data, as well as a loss of trust from customers and stakeholders, leading to a significant impact on the company’s reputation.
  5. Support tickets: IT issues can lead to an increase in support tickets, which are requests for IT support from employees. An increase in support tickets can lead to a decrease in productivity as employees are unable to complete their work while waiting for IT support. An increase in support tickets can also lead to frustration, leading to a decrease in employee morale. Not only that, waiting for issues to be fixed can prevent employees from supporting your customers, resulting in company productivity.

How can managed IT services boost productivity?

Increased Uptime: Ensure your IT systems are up and running when you need them as MSPs use a proactive approach to fixing issues by constantly monitoring and fixing issues remotely.

Reduced need for IT support: Less need for in-house IT support as the MSP takes control and responsibility for the management of your systems to prevent issues from arising. When problems do occur, the majority of the time they are resolved quickly and efficiently.

Improved Employee Satisfaction: When employees don’t need to worry about whether or not their systems are working, they become more satisfied with their jobs and will be able to perform at their best.

More time for strategic tasks: By outsourcing your company’s IT systems, there is no need for employees to spend time on troubleshooting, that is, figuring out what is wrong and trying different solutions, or handling system updates. Employees can instead, focus on their jobs.

Better use of technology: MSPs can help your business get the most out of its technology as they’re able to teach you how to fully use your existing systems as well as keep your systems up-to-date with new updates that can help employees. As software continuously becomes more complex, underutilising features can mean missed opportunities for your business.

Reduced IT costs: Your business will no longer need to invest in expensive hardware and software updates and it will be easier to predict and manage your IT budget. This way, you can utilise your spending on other areas of business that will help your employees.

Increased competitiveness: Using an MSP ensures your business’ IT systems are on the same level as others. This software and hardware are usually included in your MSP’s cost. Something as simple as upgraded hard drives can make computers run faster and improve employee productivity.  

It might be helpful to ask your IT service provider for some tips on preventive measures for common IT problems which you can then share around your workplace to avoid unnecessary delays in the future as employees can fix issues themselves. This will also prevent many support tickets from being submitted. Most of us are more tech-savvy than we were a few years ago, so it’s a great idea to utilise your staff for smaller IT issues, even if it’s for something as minor as changing a printer ink cartridge.

Continuous training and performance support are crucial for staff, either about how to fix issues or about learning to navigate modern software applications. As reported in a 2019 study by Deloitte, comprehensive training leads to a 218 per cent higher revenue per employee, so don’t skimp on your investments in technological solutions that allow for staff training. Each time a staff member is hired, give them a lesson on the programs they will be using as well as a checklist of IT issues that your team has learned how to fix over the years. That way, they don’t have to then ask another employee and interrupt their momentum when a minor issue arises. Low productivity of one employee often has a domino effect on the entire team.

IT issues can cause significant problems that can affect employee and company productivity. These issues can lead to downtime, slow systems, data loss, Cyber Security breaches and an increase in support tickets. Companies should take steps to prevent IT issues by investing in modern IT infrastructure, regularly updating software and hardware, implementing Cyber Security measures and providing IT support to employees. By taking these steps, companies can ensure that their employees can work effectively, leading to increased productivity and success for the company.

IT Support

How to incorporate IT concerns into risk management

How to incorporate IT concerns into risk management

Incorporating IT concerns into your company’s risk management strategy is essential to protecting your assets and minimising potential losses. Here are some steps to incorporate IT concerns into your risk management:

Identify

The first step is to identify your company’s top IT risks that could impact your business operations, such as data breaches, hardware failure and cyberattacks. We published a blog post detailing some of the top concerns of small and medium-sized businesses earlier this week, so brainstorm with your stakeholders as well as your Managed Service Provider what these are, then read our post to see if you’re missing anything. You can read that post here.

Other than this, you will want to identify IT use within your business. This includes internet banking, taxation, cloud hosting services, online stores and apps, social media, Point of Sale (POP), VOIP (Voice over Internet), NBN, mobile phones and computers. This helps you fully outline and visualise the amount of IT your organisation is truly reliant on as well as realise just how easily the risk of serious IT failure can impact your business’ trading.

Part of your risk management processes should be assessing the likelihood of these IT concerns occurring as well as the potential impacts they would have on your business operations, revenue and reputation. This helps you prioritise your efforts and resources to address the most critical IT risks.

If you have one, contact your IT provider

Once you’ve identified those, ask your IT provider about the strategies they have in place to prevent these risks from happening. If they don’t have anything or only have limited processes, you might want to discuss the reasons why this is and if you are not satisfied with their response, look at switching providers. When cyberattacks can cause your company to be in breach of The Privacy Act and when the Australian Government is likely to mandate strategies like the Essential Eight being implemented into businesses, it’s on you to ensure you’re well protected.

If you don’t have one, get an MSP

We have written articles about why an MSP is essential to your business, so make sure to read those if you don’t have one. When signing with an MSP, they set up practical IT risk management systems within your business. These include securing computers, servers and wireless networks, using anti-virus and anti-spyware protection and firewalls, updating software to the latest versions, using data backups, securing your passwords, implementing two-factor authentication, training staff in IT policies and procedures, using Secure Socket Layer (SSL) on websites and helping you understand the legal obligations for your business. 

Your business needs to ensure you have risk mitigation strategies in place to address the IT risks you have identified, and this should be in collaboration with your IT service provider. The Essential Eight strategies can become incredibly helpful in this stage as they detail a framework for your business to follow that is comprehensive and will keep your company safe.

The Prevention, Preparedness, Response, Recovery (PPRR) risk management model helps you identify risks to include in your business’ policies and procedures. You can implement policies such as the policy for use of software, bring your own device policy and information technology security policy, which gives staff something to follow to reduce or prevent IT risks.

Insure your business against IT risks

While strategies put in place are to prevent IT risks, there is always a chance that they will still happen and unfortunately, with so many variables outside your control, it’s no longer a matter of if, but when. This is why business insurance may provide another way to reduce risk to your business. It can help reduce company costs that could have you closing your business or paying a large amount of money. You might want to look into Business Interruption, Electronic Breakdown, IT Liability or Cyber Insurance.  

Monitoring and Reviews

Your MSP should then be regularly monitoring and reviewing these IT risks to ensure that the risk mitigation strategies that were put in place are effective and up-to-date. This may involve conducting vulnerability assessments, penetration testing and reviewing incident response plans. Don’t just leave this all to the MSP though, as when you receive your reports from the provider, make sure you are also going over these thoroughly to ensure that you are receiving the level of service from the provider that you agreed to and that you are satisfied that the risks are being properly monitored.

Communication

Communicate IT risks and risk management strategies with relevant stakeholders, such as employees, customers, partners and investors. If need be, involve your IT service provider in these meetings so that everyone is on board and so that you are both achieving the longevity goals you have set. This helps to build trust and demonstrate that your business takes IT risks seriously. You can even hold cyber security training for new staff and update staff and training manuals when new risks are introduced through meetings or company newsletters.

All in all, it’s important that, as a business, you continuously improve your IT risk management approach by learning from past incidents and industry best practices. This helps to ensure that your business remains resilient to new and emerging IT risks.

By incorporating IT concerns into risk management, businesses can ensure that their IT infrastructure is secure, reliable and efficient, reducing the likelihood of IT-related incidents and minimising their impact when they do occur. Like it or not, it’s technology, so something will likely occur, but risk management strategies ensure that your business is not damaged when it does.

IT Support

The Top IT Concerns of SMEs

The Top IT Concerns of SMEs

Have you ever asked yourself, ‘What are the top IT concerns I should be worried about for my business?’ Small and medium-sized enterprises (SMEs) face a variety of IT concerns that can impact their operations, productivity and longevity of the company. If you’re growing your business or are at the stage of risk reduction planning, here are some of the top IT concerns we have found that SMEs face.

Cyber Security

If you watch the news or have heard about the data breaches of Optus, Latitude, Medibank, Crown and Meriton, you should understand why Cyber Security is such an issue you need to start becoming proactive about. Cyberattacks can be devastating for your business, resulting in data breaches, financial losses and damage to your reputation. If future customers find out your company has had a security breach, and then you handled it poorly, quite frankly, why would they choose your business over another? SMEs must have a comprehensive Cyber Security strategy that includes employee training, firewalls, antivirus software, data encryption, regular backups and an array of cybersecurity measures.

Data Management

Small and medium-sized businesses generate and handle large amounts of data, which can be difficult to manage and secure. Ensuring the integrity and availability of data is crucial to maintaining business operations. Data loss can occur due to a variety of reasons, such as natural disasters, hardware failure or cyberattacks. SMEs should have a reliable data backup and disaster recovery plan in place to minimise downtime and data loss.

Cloud Computing

Many businesses are turning to cloud computing to reduce costs and improve efficiency. Moving data to the cloud can also introduce new security risks and challenges. Cloud computing can provide SMEs with greater flexibility, scalability and cost savings, however, it’s essential to choose a reputable cloud provider and implement strong security measures to protect sensitive data. So, if you’re company has this in the plans, make sure to choose an IT service provider who is knowledgeable in moving your business to the cloud.

IT Infrastructure

SMEs may not have the resources to invest in robust IT infrastructure, which can lead to slow systems, downtime and lost productivity. Your company needs to ensure your IT infrastructure is up to date and can support your business needs. This includes hardware such as servers and routers as well as software such as operating systems, productivity tools and Cyber Security solutions.

Bring Your Own Device

Many companies allow employees to use their personal devices for work, which can increase productivity but also pose security risks. SMEs should have a clear personal device policy that includes security measures such as device management, data encryption and access controls. If devices are needed in your business, consider purchasing work-specific devices to monitor what is accessed and to reduce the risk of malware infecting your business.

IT Support

Like most small to medium-sized companies, your business may not have dedicated IT staff, which can make it difficult to provide adequate support and troubleshooting for technical issues. You might even have a full-time employee but are finding they don’t have the knowledge to fix the issue at hand.

One of our clients described an issue they had like:

“It was almost like an insurmountable mountain we had and nobody could even work their way around how we were going to work our way out of it.”

As a business owner, you’re an expert in your field and just want to get on with your business. There’s a high chance you have no idea how your IT and computers function but you just want them to work, so having the added stress of IT issues without adequate support is a major concern that you need to address.

Compliance

SMEs must comply with a variety of regulations, including data privacy laws and industry-specific requirements and meeting these standards can be challenging without proper resources and expertise.

SMEs need to comply with regulations, both national and international in our globalised world, such as the General Data Protection Regulation (GDPR), Payment Card Industry Data Security Standard (PCI DSS) and The Privacy Act. Failure to comply with these regulations can result in huge fines and can damage the business’ reputation.

Remote Work

The COVID-19 pandemic has accelerated the trend of remote work, requiring businesses to provide secure remote access to their systems and data. This includes implementing secure virtual private networks (VPNs), two-factor authentication and other security measures. Without proper knowledge and support, this can be incredibly confusing to set up and issues can, and do, quickly arise.

Technology Obsolescence

Technology evolves rapidly and your business may struggle to keep up with the latest advancements. Outdated technology can lead to compatibility issues, security vulnerabilities and reduced productivity working with slower, clunky tech. A key concern might surround learning how new applications and software work, but if you were guaranteed that it would boost your company’s output, you would switch in a heartbeat.

Overall, as a business owner, manager or stakeholder in a business, it has become crucial to prioritise IT concerns to ensure the security, efficiency and success of your business operations. Seeking expert advice and investing in robust technology solutions can help you overcome these challenges and stay ahead of the curve. Working with a reputable and knowledgeable Managed Service Provider (MSP) can give you the peace of mind that these concerns are well taken care of.