Tag Archives: msp

Cybersecurity, Essential Eight, MSP

10 Benefits of Performing a Cyber Security Risk Assessment

10 Benefits of Performing a Cyber Security Risk Assessment

You’re not alone if you feel concerned about the security of your business. In today’s digital age, cyber threats are a constant concern for businesses of all sizes. One way to protect your business is by performing a Cyber Security risk assessment. While it may seem like a chore, especially when you have plenty of other business issues or projects to work on, there are many benefits of conducting a risk assessment, and completing one can actually save your business.

What is a Cyber Security Risk Assessment?

Before we delve into the benefits of a Cyber Security risk assessment, let’s define what it is. A Cyber Security risk assessment is the process of identifying, evaluating and prioritising potential security risks to your business’ technology systems, networks and data. This assessment is crucial in understanding the vulnerabilities of your business’s digital assets and how they could be exploited by malicious actors.

The Benefits of Performing a Cyber Security Risk Assessment

Performing a Cyber Security risk assessment can provide many benefits to your business. Here are 10 of the most significant advantages of conducting a risk assessment:

Identifying Vulnerabilities

A risk assessment can help identify vulnerabilities in your business’s technology systems, networks and data. By identifying these vulnerabilities, you can take proactive steps to mitigate them before they’re exploited by cybercriminals. This also allows you to improve the Cyber Security stance of the business and create a Cyber Security culture within your company.

Prioritising Risks

Conducting a risk assessment can help prioritise risks to your business’s technology systems, networks and data, and allows your business to introduce the appropriate response strategies to the vulnerabilities you have identified. By doing so, you can allocate resources to address the most significant risks first, ensuring that your business is protected where it matters most.

Complying with Regulations

Many industries have regulations that require businesses to perform Cyber Security risk assessments regularly. By complying with these regulations, you can avoid hefty fines and penalties, and safeguard your business from legal troubles. In Australia, all businesses need to comply with The Privacy Act 1988, meaning they need to have some sort of measures in place to protect consumers’ information. For public sector organisations, the Australian Government has also brought in Essential Eight, a Cyber Security framework that they must implement. This is highly recommended for all other businesses in Australia too, and we predict it will be mandated for everyone soon.

Reducing Downtime

Cyberattacks can cause significant downtime for your business, resulting in lost productivity and revenue. Downtime can cause customers to go elsewhere and can cause staff to halt projects or start working manually which they will then have to fix later on when IT issues are resolved. By performing a risk assessment, you can identify potential threats and implement preventative measures to reduce the likelihood of a cyberattack and minimise downtime.

Protecting Your Reputation

A data breach can damage your business’s reputation and erode customer trust. When customers lose trust in your business’ ability to protect their information or even just in your ability to protect yourself, they will stop using your business or bypass your services altogether even if they’ve never used them before. As for stakeholders like suppliers, they may be hesitant to work with an organisation that has suffered a security breach, especially as this will disrupt the rest of the supply chain. By performing a Cyber Security risk assessment and implementing preventative measures, you can safeguard your business’ reputation and show customers that you take their data security seriously.

Improving Security Posture

A risk assessment can help you understand your business’ security position and identify areas for improvement. By addressing these areas, you can improve your business’ overall security posture and better protect against cyber threats in the future. You may find your position is actually better than you thought, giving you the reassurance that your IT team or managed service provider is doing their job and looking after the interests of your business. Overall, a risk assessment allows you to ease your fears about cyberattacks as well as the potential loss of your business.

Keeps Stakeholders Informed

A comprehensive Cyber Security Risk Assessment allows you to keep your stakeholders informed and educated on vulnerabilities as well as allows you to inform them of how you’re going about protecting the business and their interests. It also allows you to provide an executive summary to help executives and directors make informed security decisions.

Reduces Long-Term Costs

A Cyber Security risk assessment allows you to fully understand the justification behind costs being made around security, which, as a business owner or decision-maker, you need to fully comprehend just how important this additional expense is. By knowing the vulnerabilities in your IT systems, you can then spend the proper amount of time and money in fixing these issues and mitigating risks, which will ultimately save your business the costs of downtime and of dealing with cyberattacks when they occur. That’s not to say that they won’t occur even with a fantastic Cyber Security posture, but the majority will be able to be prevented and you should be able to stop the worst of the attack in its tracks when one does. You will also be able to get your business back up and running quickly and seamlessly with data recovery responses.

Prevents Data Loss

Data loss can and has destroyed businesses. It has both financial and emotional impacts on businesses of all sizes, not just large enterprises. This includes stress and anxiety due to losing customer records, financial information and key documents; financial impact surrounding the cost of lost business, lost reputation with customers and suppliers as well as with data recovery and breach response; the impacts surrounding legal consequences of not complying with data protection laws.

Improves Communication

This benefit comes from different avenues. First, a risk assessment requires information from different parts of an organisation, so this improves communication between both leaders and departments. It also breaks down barriers between management and IT staff, whether that be internal and/or external, as it allows the two groups to come together to make decisions that relate to the implementation of security requirements for systems, data and access, while also thinking about the security of the organisation as a whole.

Performing a Cyber Security risk assessment is a crucial step in protecting your business from cyber threats. It allows you to safeguard your business’ digital assets and ensure its long-term success. So, don’t wait until it’s too late. Invest in a Cyber Security risk assessment today and reap the benefits of a secure and successful business.

Frequently Asked Questions

  • How often should I perform a Cyber Security risk assessment?

It’s recommended that businesses perform a Cyber Security risk assessment at least once a year or whenever there’s a significant change to their technology systems or infrastructure.

  • What are the key components of a Cyber Security risk assessment?

A Cyber Security risk assessment typically includes identifying assets, threats, vulnerabilities and controls. It also involves assessing the likelihood and impact of potential threats and prioritising risks.

  • Who should perform a Cyber Security risk assessment?

All businesses need to conduct a Cyber Security risk assessment, not just large enterprises. It’s also recommended that businesses hire a qualified Cyber Security professional to perform this assessment as it ensures the assessment is thorough and accurate and that all potential risks are identified and addressed.

  • How long does a Cyber Security risk assessment take?

The length of a risk assessment depends on the size and complexity of the business’s technology systems and infrastructure. Typically, it can take anywhere from a few weeks to a few months to complete a comprehensive risk assessment.

  • What happens after a Cyber Security risk assessment?

After a risk assessment is completed, a report is generated that outlines potential risks and recommended actions to mitigate them. The business can then take these actions to improve its overall security posture and protect against cyber threats.

  • Is a Cyber Security risk assessment worth the investment?

Absolutely. The benefits of performing a cyber security risk assessment far outweigh the cost. By identifying vulnerabilities and implementing preventative measures, you can protect your business from cyberattacks, reduce downtime, comply with regulations and safeguard your reputation.

IT Support, MSP, Technology

What are Tech Warranties?

What are Tech Warranties?

All genuine Australian-certified products sold by a genuine Australian online or physical store have implied warranties under Australian Consumer Law.

According to the Australian Competition and Consumer Commission (ACCC):

“Warranties are extra promises that a business makes about the quality of a product or how it will fix any problems with a product or service.”

These are on top of consumer rights to a repair, replacement, refund or cancellation when there’s a problem with a product or service. Warranties must be honoured by businesses and staff must not pressure or mislead consumers to purchase extended warranties.

That doesn’t mean they don’t ask if you want to purchase an extension though, and nearly every time you purchase some new tech, there’s an option to add an extended warranty. You’ve probably found yourself asking, is it worth it? Would I even need it? Am I crazy not to purchase it?

Honestly, the answer is usually no for personal electronics.

Most of the time, the only people that benefit from tech warranties are retailers as they translate into serious profit margins. If people knew the actual statistics for how long their products last, they probably wouldn’t purchase extended warranties. According to Cyber Shack, a quality smartphone has less than a two per cent failure rate while a good laptop is under five.

Under the ACCC, your product has a warranty for however long it is reasonably expected to last. No one purchases a computer with the expectation it’s going to last only one year, but years, so that’s how long you can legally claim a refund, replacement or repair — your choice — as long as you provide proof of purchase and the fault is a manufacturing one. You may also be able to claim compensation if you can prove loss due to the item and companies cannot deny a claim or refer you to the manufacturer unless you agree. Make sure you also register the standard warranty after purchase so there is no hassle when you do need repairs.

Rather than spending money on extended warranties which can cost between 10 to 20 per cent of the retail price, consider spending that money on backup devices.

Extended tech warranties for businesses are different

When considering warranties for your business, you have different factors to consider, such as risk reduction, business longevity and employee productivity, which means extended warranties for business are needed and are usually part of the cost of doing business.

Pronet only sells our clients servers with 3-year warranties and then just before the end of those 3 years, we highly recommend clients purchase an extra 2 years, which we find most businesses are willing to do. Replacing servers are not as simple as replacing workstations as they take longer to install, test and get up and running as they have to be reconfigured around other network components which can cause delays to your business. If you have the warranty, manufacturers will then keep components available to honour the warranty so if you have older equipment without one, you may no longer be able to find the parts to fix them.

Businesses relying heavily on their computers should only be purchasing business-grade computers which have a base 3-year warranty period rather than the 1-year that personal, domestic computers offer. Our clients are then recommended to purchase an extra 2 years to push this up to 5 years, after which business computers are usually replaced.

Businesses that rely on their computers and technology should be using a managed service provider to look after their systems. It saves you the stress and time of dealing with having to contact and wait for manufacturers to come out and fix or replace the device. Experienced MSPs usually carry spare parts for common devices and systems they set up in your business, so if you have an issue, they can fix it for you promptly. Some MSPs would even carry ‘spares’ of critical equipment which they can loan you while your equipment is being fixed.

As a business owner or decision-maker, you’re constantly evaluating how to lower your risk, and using an MSP is the way to do this. We hope that answered some of your questions regarding tech warranties, but if you have any further questions, feel free to give us a call!

Managed IT Services, MSP

A Guide to MSA Costs

A Guide to MSA Costs

This is a very difficult question to answer as there are many plans and variables, but in this post, we will do our best to explain some pricing guidelines.

Managed Service Providers (MSPs) can be a great solution for businesses that need IT support and services but don’t have the resources or expertise to manage their IT infrastructure in-house. MSP costs are typically lower than hiring in-house staff, making it very tempting for companies. However, one of the most common questions businesses have is how much do MSPs actually cost. In this guide, we’ll break down the costs associated with MSPs and help you understand what to expect.

Sick of not being able to find an exact cost?

I get the frustration. Not being able to find a price anywhere on someone’s website unless a phone call is made. It’s annoying, but I promise there’s a good reason and I will do my best to explain. Bear with me.

The premise of being an IT Service Provider is to integrate and adapt to your business operations. That means being flexible to your individual needs, see where I’m going? We can’t put one single price on our website, because the truth is, the cost is completely dependent on your company’s specific needs.

As a small to medium-sized business owner, your priority is the longevity of the company, so the majority of the time, you’re willing to spend big money to ensure everything is running smoothly, but how do you know you’re not getting ripped off or how do you know where to start, especially when you’re throwing money to get things fixed, but then don’t get the outcome.

What we can help you understand are factors that can increase or decreasethe overall price. When the time comes to discuss pricing, you will have a better chance of making an informed decision.

5 main determining factors of price

Number of computers or users

This is going to be your starting point that service providers base their prices. How many users will you need? The more users you have, the more devices, whether that be computers, mobile devices, tablets etc., workstations and licences you will need to pay for.

Level of service required

Does your business require services such as Cyber Security, data backups and disaster recovery or cloud migration? The scope of services offered by MSPs can vary widely, and this can have a significant impact on costs. Some MSPs may offer only basic services, such as helpdesk support and device management, while others may offer more comprehensive services, such as cybersecurity and cloud management. The more services you require, the higher the costs are likely to be. Some MSPs may offer customised solutions that are tailored to the specific needs of your business. These solutions may be more expensive than standard packages, but they can provide significant value if your business has unique needs that aren’t met by standard packages. The level of support offered by MSPs can also impact costs. Some MSPs may offer only basic support, while others may provide 24/7 support and dedicated account managers. The more support you require, the higher the costs are likely to be. Finally, the quality of services offered by MSPs can impact costs. Some MSPs may offer lower-quality services at lower costs, while others may provide higher-quality services at higher costs. It’s important to choose an MSP that provides the level of quality that your business requires, even if it means paying a higher price.

Think about if you need any of these services:

  • Break/fix support
  • Phone/email support
  • On-site support
  • Remote monitoring
  • Data backup
  • Licence management
  • Telephone/internet
  • Networking, security and connectivity
  • Software licencing
  • Security training
  • Cyber Security

Complexity of your IT infrastructure

MSPs will often assess your technology’s complexity before determining the price, so businesses with more complex infrastructure tend to pay more. This includes the age and health of your IT systems.

Licences, services and upgrades

Does your business longevity plan include establishing Cyber Security processes or are you trying to improve staff productivity and flexibility with Adobe or Microsoft 365? If it’s the latter, these require licences from the vendors which factor into the MSP costs. Depending on what you’re after, MSP prices vary on the needs and size of your company. A good IT service provider will recommend the best options for you as well as provide information on the processes going forward, including future technical upgrades.

Servers

How much data does your business process? If you need multiple servers monitored, the price for the support will increase due to the server needing to be managed, secured and backed up.

How much does a Managed Service Agreement cost?

Typically, MSPs charge a monthly fee that can range from a few hundred dollars to several thousand dollars per month. The pricing structure may be based on a flat rate for a certain number of devices or users, or it may be based on a tiered pricing structure that offers different levels of service for different costs.

In Australia, most MSPs cost between $95 and $300 per user, depending on whether you’re after basic, mid-range or high-end IT services. For comparison, ad-hoc work, that is, IT support coming out whenever you have an incident, usually costs between $90 to $225 per hour. When a large-scale incident or attack happens though, while some may be resolved relatively quickly, more complex attacks can take weeks or even months to fully resolve. So, while with a Managed Service Agreement, you’re on a monthly or yearly fixed plan which stays the same, if you use the top-tier ad-hoc service for two straight weeks of work, that can cost up to $18,000.

It’s important to note that while the cost of an MSP may seem high, it can provide significant cost savings in the long run by preventing downtime and improving productivity. Additionally, many businesses find that outsourcing their IT needs to an MSP allows them to focus on their core business operations without worrying about the complexities of managing their IT infrastructure.

Also, the cheapest MSP may not always be the best option for your business. You should look for a reputable MSP with a proven track record of delivering quality IT services. Some small and medium-sized enterprise owners only focus on the initial price of the service with the goal of finding the cheapest provider. This sacrifices the needs of the business and ignores adequate service response times and Cyber Security, which inevitably leads to regret when issues arise with their IT systems or, more often than not, leads to an unwillingness to change as they’re worried they will face the same issues with their new provider. Make sure to read reviews and check references before engaging any MSP to ensure they have a good reputation and can provide you with the level of service your business needs.

Most SMEs understand the importance of getting what they want the first time so they don’t have any regrets down the road as, let’s face it, you’re hiring an MSP to reduce the potential risks to your business.

Extra costs

  • Onboarding fees: These are the costs required to install software and hardware that sets up a client’s network which then gives it the ability to support remote monitoring and the MSPs IT team’s control.
  • Project fees for specific IT projects: Most MSP contracts don’t include IT project labour in their fixed fees. These are usually priced hourly for the duration of the project, however, some experienced MSPs do offer fixed-cost options for project work, which eliminates the worry of the cost of projects blowing out of proportion.

Pricing Plans

  • A La Carte

Some MSPs may offer a la carte pricing, where you pick and pay for services on a per-use basis. This model may be more cost-effective if your business doesn’t require a lot of IT services or if you already have an in-house IT team that sometimes needs extra support.

  • Flat-Rate

With flat-rate pricing, you pay a fixed fee for a set of services. This model can be beneficial for businesses because it provides predictable costs and allows you to budget more effectively. This can be applied on a monthly, quarterly or yearly basis. Your business gets access to different aspects of your package without worrying about additional costs and it provides your business with room for technological growth and flexibility.

  • Per User Per Month

This model is based on the number of users the MSP monitors and supports. If your business becomes more tech-based, most of your employees become considered users by the MSP and if they use multiple devices, especially with working from home, this can save your business considerably less. This model doesn’t apply to your business’ servers though.

  • Per Device Per Month

This means you pay your MSP depending on the number of devices that they monitor. This model varies in price due to the maintenance of your servers, desktops, firewalls and switches.

How Pronet Technology’s plans affect the cost

When you receive a quote from Pronet Technology, we thoroughly examine what your company has and what your company truly needs and examine the options to educate you on the option’s benefits. We want to identify the overall needs of your business to ensure your company’s growth and success.

See Pronet’s Service Plans page for more details here.

How does Pronet Technology’s pricing point compare to other MSPs

Pronet usually sits within 10 per cent of other service providers offering similar services. We are not a small MSP, nor are we a large-scale, enterprise-level MSP. Instead, we’re one that’s been established for over 20 years so have experience in managing a range of businesses. We offer the same features and services as enterprise-level MSPs but some years ago when we used to work with many larger businesses, we found we enjoyed working with small to medium-sized enterprises as this market is often left behind and neglected as MSPs grow. An important feature that sets us apart from other MSPs is our specialisation in Cyber Security, saving businesses money as they no longer have to pay for separate managed services and Cyber Security companies.

When it comes to calculating the cost of engaging an MSP, you must consider the potential savings an MSP can bring to your business. By outsourcing your IT needs to an MSP, you can free up time for your employees to focus on their core business functions. This can result in increased productivity, efficiency and profitability for your business. Additionally, MSPs can help you avoid costly downtime and data loss by providing proactive maintenance and support to your IT systems, ultimately saving your business from potential losses.

The costs associated with MSPs can vary widely depending on factors such as pricing models, the scope of services, the size of your business, the level of customisation, the level of support and the quality of services. It’s important to choose an MSP that provides the services and support that your business requires at a price that fits within your budget. By taking the time to research MSPs and understand the costs associated with different packages, you can choose an MSP that provides value and helps your business succeed.

Cybersecurity, Essential Eight, MSP

What to know about Cyber Insurance

What to know about Cyber Insurance

Back when cyber insurance first became available in the 1990s, there wasn’t much need for it, but in today’s business and digital landscape, cyber insurance has taken on greater urgency.

Why do I need Cyber Insurance?

Many small and medium-sized business owners have the idea that their business is not worth a cybercriminal’s time since they don’t have valuable data. Your business holds much more data than you think and what’s more, your business might be one link in a supply chain that if it gets hit, the rest of the chain’s data is at risk of being compromised.

Since many business owners think this way, it makes their businesses easy targets for cybercriminals to hit them with malware or ransomware that can potentially ruin their business, and it makes the statistic of 43 per cent of all cyberattacks being on SMEs not at all surprising.

The knowledge that any incident can compromise sensitive data or put an organisation at risk of lost business should be enough to make cyber insurance look appealing.

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 cyber insurance provides another way to reduce risk to your business.

So, if you have a large customer base, handle customer data or store information about your business, you should have Cyber Security Insurance.

What Does Cyber Insurance Cover?

Since there’s no guarantee you will never be breached, you need to insure against the costs that are involved with a data breach and theft, system hacking, ransomware demands and other attacks. Claims under a Cyber Security policy are often broad but typically include:

  • Liability: privacy lawsuits and regulatory defence.
  • Internal Financial Loss: extortion, notification expenses, data recovery, business interruption, theft.
  • Emergency Incident Response: costs incurred from responding to a Cyber Security attack.

Check the policy, but generally, cyber insurance covers your business for expenses related to the following:

  • Business interruptions like loss of profits and operational expenses
  • Recovering or replacing records or data
  • Liability and loss of third-party data
  • Hiring negotiators and paying a ransom
  • Defence of legal claims
  • Crisis management and monitoring
  • Media liability

It’s important to note that Cyber Security does not cover property damage that occurs due to a cyberattack, such as if hardware becomes fried during an incident. It also doesn’t cover intellectual property losses, businesses charged with committing a crime or self-inflicted cyber incidents, or costs associated with avoiding future attacks, like employee training, or working with a managed service provider.

Am I eligible for Cyber Insurance?

Being eligible for cyber insurance requires your business’ Cyber Security processes to meet certain standards and these must be maintained to continue to be covered.

Too many organisations have become complacent with their Cyber Security though as attacks become even more complicated, and while premiums are increasing, insurance companies are becoming more selective in what they will pay. As cybercriminals change their methods, it’s harder for organisations to put the best protections in place, which then impacts how insurance companies shape their policies.

As government regulations continue to be implemented to maintain a set of minimum standards for businesses, as cyber insurance does, this forces companies to strive to upgrade their defences from only virus protection and firewall. This only forces companies to reach their minimum standards though and does not provide the incentive to do better, which is where cyber insurance can produce better security.

When filling out a cyber insurance questionnaire, make sure you consult with your MSP so you know how to answer the questions the insurer is asking you. If you input the wrong information and take out a claim, you might find that you’re not covered for certain things that you haven’t told the insurer about. If your business then is hit by a cyberattack, the insurance company will not honour your cover.

Keep in mind that premiums for ransomware — paying a large sum, often in multiple stages, to a cybercriminal who has either stolen data or locked you out of your systems — policies have increased as the number of claims for ransom and extortion has increased. Cyber insurers often cover ransomware protection but since there is no standard policy surrounding this, cyber insurers are starting to rethink their coverage, so this varies significantly depending on the insurer. You might have to pay a separate, standalone cover for ransomware coverage that is outside of your standard Cyber Insurance.

The Australian Government advises to never pay a ransom as there is no guarantee you will gain access to your information, nor that the cybercriminals won’t sell or leak the data online. If you’re hit by a ransomware attack, call the Australian Cyber Security Centre 24/7 Hotline on 1300 CYBER1 (1300 292 371) for assistance, or contact your IT service provider so that they can guide you through the next steps forward.

The good thing about Cyber Insurance

The good thing about cyber insurance is that it forces your company to examine its risk levels in depth, such as in areas like security issues commonplace in your industry, the type of information your company stores and shares, your formal Cyber Security processes and tools, auditing procedures, backup and data loss protection, compliance regulations as well as your security history, such as whether you have had a breach in the past and how the business responded.

By doing this, businesses can develop an understanding of what Cyber Security truly encompasses and be better aware of everything within their network.

As with any insurance, no business wants to deal with cyber insurance claims. What having insurance does though, is allow organisations to survive serious cyber incidents while also changing the way businesses build and improve their Cyber Security programs.

IT Support, MSP

What is IT Outsourcing?

What is IT Outsourcing?

IT outsourcing involves hiring an external company to provide IT services and support. For small and medium-sized enterprises (SMEs), outsourcing IT services can be a cost-effective way to access specialised expertise, improve efficiency and free up time and resources for other areas of business.

There are a few different types of IT offshoring, as well as various models offshore companies use, so this article will give you an explanation of these and when they are beneficial.

Onshore outsourcing involves hiring an external company located within the same country as the SME. This can be advantageous because the outsourcing company is familiar with local laws and regulations, and communication is often easier due to shared language and culture. Onshore outsourcing can also provide opportunities for face-to-face meetings and collaboration, which can be beneficial for building relationships and ensuring quality service.

Offshore outsourcing involves hiring an external company located in a different country than the SME. This can be advantageous because offshore outsourcing can be more cost-effective, as wages and operating costs may be lower in other countries. However, offshore outsourcing can also present challenges related to language barriers, time zone differences and cultural differences, which can impact communication and collaboration.

The two can overlap when you have an onshore outsourced IT service provider who then outsources internationally their after-hours, 24/7 support.

Another outsourcing option is nearshore outsourcing, which is when you outsource your IT systems to a neighbouring country that shares the same time zone as the one your business is located in. This allows for easier communication, however, it’s not always cheap.

Both large companies and start-ups utilise the benefits of outsourcing their IT systems, especially since COVID-19 removed the idea that physical location is needed to develop a trusting relationship in the workplace. IT outsourcing removes the need to hire an in-house IT person, or even a team, making it a cheaper alternative that also brings in industry experience to your current team.

Why is outsourcing beneficial?

Other than outsourcing your entire IT systems, like you would with a Managed Service Provider (MSP), outsourcing can also be beneficial for specific projects. You could be an industry expert with a new idea and it’s imperative you enter the market and test the idea fast. You could be an early-stage start-up that needs to reduce costs by outsourcing a team of professionals for project development before hiring a full-time employee for the role. You could also already have a solution to your problems but just need technical improvements, such as backend problems, adding new language, integrations with apps, UX & UI design, patches or app or website creation.

Companies use various IT outsourcing models that will define how you work with them, each with its pros and cons, so make sure you know what you’re hiring before you sign a contract. Here are three common models:

Project-Based Model

This is when you hire a team to work on a project that you already have planned and a project manager from the outsourced team is accountable for the goals and quality of the project. This works for uncomplicated projects.

Pros:

  • Saves time for your in-house team
  • Provides clear timelines for the project
  • Fast hiring process and a fast result
  • No micromanagement needed
  • The project manager takes full responsibility

Cons:

  • The company has less control over the project
  • Lack of flexibility
  • The result may not meet industry standards as the project manager might not be experienced in your industry

Dedicated Team Model

This model involves you hiring an entire outsourced IT team to work solely on the project where the team acts as your technical and product advisor and can offer suggestions and ideas. This model is great for start-ups that have a lot of growth ahead of them and who may not have the knowledge to deal with complex and long-term IT projects. For example, if you outsource to create an app from a company that specialised in that, they will have a dedicated team for project management, design and engineering.

Pros:

  • More control over all stages of the project
  • Work with a wider team of industry-specific professionals
  • More flexibility
  • No micromanagement needed
  • The in-house team can work on other projects

Cons:

  • Long hiring process
  • Your business has more responsibility for the project

Outstaff Model

This model is available for times you don’t need an entire team, just individual specialists to fill gaps in your team’s experience. This works great for short-term projects.

Pros:

  • No need to hire an entire team
  • Fill expertise gaps in your projects
  • Flexibility to hire as many professionals as you need

Cons:

  • Can be a long search and recruitment process
  • More time spent onboarding
  • Not suitable for long-term projects as outstaff may turn over during that time

Ultimately, the decision to outsource IT services for SMEs will depend on a variety of factors, including budget, expertise and business needs. SMEs should carefully consider their options and choose an outsourcing provider that can meet their specific requirements and provide high-quality service.

Whatever work or software your business is looking to outsource, make sure they are implementing Cyber Security processes while they do so. Also, make sure you are communicating constantly with the outsourced team and ask as many questions as you need to ensure you know what you’re receiving and whether this benefits your business goals.

Cybersecurity, Essential Eight, IT Support, Managed IT Services, MSP

Questions to ask your current IT service provider

5 Questions to ask your current IT service provider

If you’re satisfied with the service you are receiving from your current MSP and see no room for improvement, here are five things you can ask them to make sure they are looking after your business.

As a business owner, it’s essential that you’re satisfied with your IT provider’s services and capabilities. Many businesses we’ve contacted are happy with their relationship and service from their IT service provider but when we ask them if there’s any room for improvement, there’s always something. Or, they simply don’t know if there’s anything they should be asking their provider as they’re not technically inclined or up-to-date with regulations and new technologies.

If that’s you, here are some questions to ask your current IT provider to just make sure everything is on the right track, and why they’re important:

What recommendations can you give me to improve my IT infrastructure?

An MSP should be helping support the growth of your business so they should be helping your business to achieve its goals by looking at security, technology, the customer’s perspective and workplace transformation effects. You might even be on track and already have a lot of the latest tech, or might simply not find value in anything new, so they may have barely anything to recommend. As long as they’re open and transparent with you about this, you know you’re with an MSP who has your best interests at heart.

How are you implementing the Essential Eight Cyber Security strategies into my business?

Data breaches can be devastating for businesses, not just for owners but also for customers and staff. Essential Eight is currently a framework recommended by ACSC (Australia Cyber Security Centre) for your business to get started with when implementing Cyber Security strategies to protect your businesses. As it’s likely to become mandated in the future, ask your MSP how they are implementing the strategies and how your business ranks in Cyber Security maturity. You may not need to fully implement all the strategies either as you might not deal with data that is deemed ‘high risk’, but you should not be at Maturity Level Zero, so make sure the MSP is helping you improve.

How often are you backing up my data?

Backing up your data is critical to ensure you can quickly recover in the event of data loss or system failure. Losing that data can be a devastating blow, potentially crippling your business and erasing years of hard work. That’s why it’s so important to have a solid data backup and recovery plan in place. Understanding your provider’s backup and disaster recovery solutions can help you evaluate their ability to restore your data and minimise downtime. Backup is important, but restoring is equally, if not more, important. Make sure your MSP conducts regular restoration tests so that nothing is corrupt and you’re rest assured that your business will be back up and running in the event of a disaster.

What happens if my infrastructure goes down?

It’s one thing to know your MSP is backup up your data regularly but another to know what happens if infrastructure goes down. This is a key concern for stakeholders in any business as this affects production and trade, and enables potential data breaches. The consequences can be disastrous. Therefore, your business needs to know exactly the processes the MSP has in place for an attack or outage, such as remotely accessing data to restore systems and bringing you back online. 

How are you staying up to date with the latest technology trends and best practices, and can you give me some examples?

Technology is constantly evolving, so you want to make sure you’re partnering with an MSP that is constantly educating itself and staying current with the latest trends and best practices. Ask them if they’ve implemented any new technology into your business or if there have been any new solutions that could improve your business’s overall IT strategy.

Communication is also key in any relationship, so don’t hesitate to ask any questions you may have, whenever you have them, no matter how dumb they may seem. Your IT provider is meant to work alongside you in your growth and since you’re their client who they’re making money off, they should be doing everything they can to ensure the longevity of your business.

Asking these questions can help you evaluate your current IT provider’s services, identify areas for improvement and ensure that you’re getting the most out of your IT investment.

IT Support, Managed IT Services, MSP

Don’t stick with your IT service provider until something triggers you to change

Don’t stick with your IT service provider until something triggers you to change

As a business owner or manager, it is easy to become complacent with your current IT service provider. You may have a long-standing relationship with them and feel that they understand your business and its technology needs. This familiarity can often lead to a false sense of security and you may not realise the potential risks and limitations of sticking with your current IT service provider until something triggers you to change.

Over our years of service, we have found that businesses often wish they changed their IT service providers earlier. Change is incredibly complex and can be a hassle when you have to get proposals from different IT companies, then deal with the information transfer between the two, especially when the old provider might be less than cooperative. Ask yourself, what’s the point of even using a managed service provider if you’re not receiving everything you should be?

This article will explore why it is important to review your IT service provider, ensuring they are meeting your requirements and giving you great service, and why you should not wait until the decision to change is forced upon you.

Technology is constantly evolving

The technology landscape is constantly evolving and new solutions and tools are coming out all the time, sometimes even faster than it takes for you to get comfortable with a new one. Your IT service provider should be keeping up with these changes and be able to recommend and run new technologies that can benefit your business.

If your current IT service provider is not staying up-to-date with the latest technology trends, you could be missing out on opportunities to improve your business operations and stay ahead of the competition. What’s more, they need to be constantly on the lookout for new security risks and be updating their processes or technology to keep your business safe.

Your business needs may change

Like technology, businesses also evolve and as your business grows, your technology needs may change. For example, you may need to upgrade your infrastructure to support more users or introduce new software solutions to improve your or your staff’s productivity. If your current IT service provider is unable to accommodate these changes, it may be time to consider switching to a provider that can better meet your evolving needs. This could be because your company is now too big for the provider or because they don’t have the right technology, knowledge or experience in the direction your company is going.

Service quality may decline over time

Over time, service quality can decline as your IT service provider becomes complacent or takes your business for granted. After an initial fantastic six to 12 months, you may notice longer response times, decreased quality of support or a lack of solutions and recommendations. If you begin to feel that your IT service provider is no longer providing the level of service and support you require, it may be time to consider changing your plan with them or even making a change in provider.

Cyber Security threats are increasing

Cyber Security threats are increasing in both frequency and complexity, and businesses of all sizes are at risk. It may surprise you to hear that small businesses are the target of 43 per cent of cyber-attacks. This is why your IT service provider should be taking proactive measures to protect your business from threats, such as implementing security procedures, providing employee training and regularly updating your systems and software. If you feel that your IT service provider is not taking Cyber Security seriously, it may be time to look for a provider that has a strong focus on this area, especially if your business deals with sensitive information.

Cost-effectiveness

Technology costs are an important factor for any business and it’s important to ensure that you are getting good value for your IT investments. Managed service providers are generally on par with each other when it comes to their managed services of looking after your IT systems. Where they differ, are their additional services and level of technical standards, like using CISCO vs. Sophos. You might find that you are not utilising fully everything that you are paying for and wonder why they were offered to you in the first place. Make sure you review your IT costs and ensure you are getting the best value for your budget. An MSP should tailor its services and your plan to what your business requires, as well as be honest and tell you upfront when a higher-level technology is not needed. This also simply comes down to service. Is your business receiving what you’re paying for?

It is important to periodically review your IT service provider and not wait for something to trigger you to change, like a major data breach, loss of backups or issues simply not getting fixed. By regularly assessing your technology needs, service quality, Cyber Security measures and cost-effectiveness, you can ensure that you are getting the best value for your IT investments and that your technology infrastructure is keeping pace with your business growth and evolution.

Remember, switching IT service providers can be a daunting task, but it can also be an opportunity to improve your technology solutions and position your business for long-term success. There are so many benefits of service providers – make sure you’re getting them.

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.

Cybersecurity, IT Support, Managed IT Services

What type of security does my business need?

What type of security does my business need?

Let’s explore the differences between Information Security, Network Security and Cyber Security and why they are all important for your business’ safety.

As more companies digitalise their assets, they turn to security measures to protect themselves, and as the cybercrime landscape continues to evolve, so do these security measures.

IT Security is a broad term that encompasses different areas and is often used interchangeably with Cyber Security. The two are actually quite different. While these terms all focus on protecting your personal or business’ valuable assets, they approach the task from different angles.

Information Security

Information security is about protecting both physical and digital data from unauthorised access, use, modification, recording, disclosure or destruction. Information security is where your company should start when protecting itself and aims to keep all your company’s data secure. Network Security and Cyber Security are part of this that look at protecting only your digital data.

Broadly, Information Security risks include access, destruction and availability of data.

Network Security

Network Security protects the usability and integrity of your network and data using different hardware and software. This targets a variety of threats and stops them from entering or spreading on your network, typically by using virus protection and a firewall. It also secures data that is travelling across the network by terminals.

Network threats include viruses, worms and trojans, denial of service attacks and zero-day attacks.

Cyber Security

Cyber Security is the area of Information Security that deals with protecting your company’s digital assets on the cloud, networks, computers, mobile devices and the Internet of Things (IoT), as well as any other digital data your company has, from unauthorised access, attack or damage from digital attacks. Businesses can do this through a range of defence processes, technologies and practices. Cyber Security also encompasses incident response plans so you can contain the threat as quickly as possible and minimise any damage because, let’s face it, no security is perfect, especially with how fast attacks can occur and how complex they can be.

Cyberthreats include ransomware, social engineering, malware and phishing.

Where does your business stand?

Pretty much all businesses have Network Security, which is a great start, but unfortunately, it is no longer enough. If your business has data that cybercriminals want, they will get it and all it takes is one accidental click of a phishing link for your systems to be taken over.

Even if you believe your business will never be hit by a security breach, you must ensure your IT infrastructure is secured at all times as, according to Astra, nearly 43 per cent of cyberattacks are targeted at small to medium-sized enterprises. Of this, only 14 per cent are prepared to face an attack. From a business perspective, an attack exposes your company to fines, data losses and damage to your reputation.

With more and more of our lives moving online, we are increasingly vulnerable to cyberattacks that can compromise our personal information or even our financial security. It’s important to recognise that Network Security is just one part of a comprehensive Information Security and Cyber Security strategy, meaning you cannot simply rely on firewall and virus protection for your business as they aren’t enough to stop hackers from breaching your business.

Cyber Security is crucial to small and medium-sized enterprises (SMEs) for several reasons:

  • Limited resources: SMEs often have limited resources to devote to Cyber Security, making them more vulnerable to attacks. They may not have dedicated IT staff or the budget to invest in robust security measures.
  • High risk: SMEs are a prime target for cyberattacks because they often hold valuable customer data and financial information. Hackers know that SMEs may have weaker security measures in place, making them an easier target.
  • Reputational damage: A cyberattack can have a devastating impact on your business’ reputation. If sensitive customer data is compromised, it can erode trust and lead to a loss of business.
  • Legal and financial implications: SMEs may face legal and financial consequences if they are found to violate data privacy laws or regulations. They may also be subject to fines or legal action if they fail to adequately protect customer data.
  • Supply chain risks: SMEs may be part of a larger supply chain, and a breach at any point in the chain can have ripple effects throughout the network.
  • Continuous threats: Cyber threats are constantly evolving and small and medium-sized businesses may not have the resources to keep up with the latest security measures or invest in new technology.

It’s also important to recognise that Cyber Security is a constantly evolving field. As new technologies emerge and cyber threats become more sophisticated, staying up-to-date on the latest trends and best practices in Cyber Security is important. This might involve investing in training and education for your staff, as well as partnering with trusted Cyber Security experts to help you stay on top of emerging threats.

A great guideline to follow is the CIA Triad of Confidentiality, Integrity and Availability. These are crucial components of information security.

  • C – Confidentiality: ensuring information is inaccessible to unauthorised people, usually through encryption, IDs and passwords, two-factor authentication and other defence strategies.
  • I – Integrity: safeguarding information and systems from being modified by unauthorised people to make sure the protected data is accurate and trustworthy.
  • A – Availability: ensuring that authorised people have access to the information when needed, which means maintaining all systems, keeping them updated, and ensuring they’re regularly being backed to safeguard against disruptions or data loss.

When you start your company’s security plan, you’ll also want to create it alongside any governance frameworks established, such as Essential Eight defined by the Australian Cyber Security Centre (ACSC).

Your company must adopt a more holistic and integrated approach to security to encompass network, cloud and endpoint — detection and response — security. All these processes become quite complex and confusing, so it might be best to start outsourcing your IT systems and security to an external team, keeping in mind that many managed service providers are not specialised in Cyber Security, so you may have to use two separate companies or look for one that is both.

If you have one, ask your Managed Service Provider (MSP) if there are implementing any Cyber Security practices to protect your business, such as the Essential Eight framework recommended by the Australian Government. A proactive approach allows for early warning of potential threats and attacks which then allows the MSP to respond quickly to stop the attack before they cause any trouble.

How does Pronet help?

Pronet Technology is an MSP specialising in Cyber Security, which is one area that differentiates us from other managed service providers. Oftentimes, you find that these are two separate businesses, an MSP and Cyber Security specialist, and while these days MSPs might incorporate some Cyber Security practices in your business like two-factor authentication, our difference is that this field is something we have been working in for years.

We have the experience and knowledge to recommend your business tailored suggestions to improve your Cyber Security, without being ‘over-serviced’ with products and strategies you don’t need. As one of our new clients said about their Cyber Security:

“I think it’s something that without a doubt, it’s important, but for a company like ours, do we need to go to the extreme? No.”

Unfortunately, we have found that most companies are not well equipped for cyberattacks and are still not convinced of the importance of doing so. While they are aware of cybercrime, they are simply not prepared, with 90 per cent of attacks still being successful due to human error, according to My Business. With Pronet, you can be rest assured that you’re well protected for when a cyberattack happens, because let’s face it, they do, and no MSP should be promising that it won’t, and that your business operations are either unaffected or minimally affected when something occurs.

Being both an MSP and a Cyber Security company allows for seamless management of IT systems and means there is no unaccountability or miscommunication between two separate companies. Pronet ensures the problems get 100 per cent fixed as we’re dedicated to finding and eliminating the problem at the core. Due to the nature of Cyber Security, we also constantly monitor your systems so that threats are picked up before they happen.

It is incredibly important to recognise the difference between the different types of Information Security and the roles they play in protecting valuable assets. While Network Security is important, it’s just one part of a comprehensive Cyber Security strategy that encompasses all digital assets. By understanding the different types of security measures and how they work together, you can help ensure that your assets are protected from both physical and digital threats. So, take your Cyber Security seriously and invest in the necessary measures to keep your assets and information safe.

IT Support, Managed IT Services

Are MSP Contracts Flexible?

Are MSP Contracts Flexible?

Managed Service Provider contracts are a popular choice for businesses that want to outsource their IT needs. One question that often comes up when considering an MSP contract is whether they are flexible enough to meet the unique needs of your business.

The pandemic has driven the need for clients wanting flexibility and wanting to steer clear from long-term commitments. That doesn’t mean they don’t want long-term relationships with vendors, they do, they just want flexibility in the contracts.

As a business owner, you know that flexibility is key to success. Your business needs to be able to adapt to changing circumstances and your IT needs should be no different. MSP contracts are designed to be flexible, allowing you to customise your service plan to meet your specific needs.

MSPs no longer need multi-year service contracts in place, instead, what they are depending on is the length of their relationship with their clients. As a business, you’re looking to stick with your outsourced IT service provider for as long as possible as it can be a great hassle to search for and then switch providers. An MSP is relying on this so they should be giving you the level of service your company needs and helping your business grow. This is why they don’t need to lock you into long contracts as you should be willing to stay with them for as long as possible.

Long-term relationships are built on trust where you both share wins and work through losses. If your MSP is honest and willing to work with you on your challenges, you’re hardly going to up and leave for another IT provider. 

That being said, some MSPs offer month-to-month contracts while others offer longer, yearly or two-year plans paid monthly or yearly. Discuss this with the MSP you’re looking into if that’s a major concern for you. Keep in mind that you really don’t want to be changing managed service providers regularly.

Another way MSP contracts can be flexible is by offering a range of pricing models that might be valuable to different customers. A long-term contract might suit one business, but another might find value in a month-to-month, no-commitment type of contract that has a higher pricing point. An MSP might offer discounts for long-term contracts or even higher upfront costs with lower monthly fees. There are a range of ways that MSPs can be flexible with their pricing, so double-check with your MSP if they can tailor your plan to one that suits you.

One of the benefits of an MSP contract is that you can choose the level of service that best suits your business. Whether you need basic IT support or more advanced services like Cyber Security and cloud computing, an MSP can offer a range of options to meet your needs.

Additionally, MSP contracts can be tailored so that the services offered fit your budget. You don’t have to pay for services you don’t which means that you can get the services you need without breaking the bank. Take cloud computing services, for example. You could be offered cost-effective solutions like paying for what you use or the MSP scaling the price up or down when you need to work between public and private cloud services.

If you’re already working with an MSP, ask them if there are any new services they are now providing new customers that might now benefit your business.

MSP contracts also offer flexibility when it comes to scalability. As your business grows, your IT needs will likely grow as well, whether that be with more powerful software or hardware or with proactive Cyber Security practices that prevent your data from being stolen. MSP contracts are designed to be flexible enough to accommodate your changing needs, whether that means adding new services, upgrading existing services or scaling back services that are no longer necessary.

Another benefit of MSP contracts is that they can be customised to fit the unique needs of your business. MSPs are acutely aware of how different each business is and should not be offering a one-size-fits-all contract for each of their clients. They should work closely with your business to understand its needs and develop a customised service plan that meets those needs. This means that you can get the exact services you need to keep your business running smoothly. That also means being honest with you about services, software or hardware your business doesn’t need.

Keep in mind that you’re still working with another business so there will be negotiations, notice periods and levels of software and hardware they demand your business have, or eventually have, for them to want to work with you, but there are ways for your MSP to offer your business flexibility without compromising their business.

So, while an MSP might not offer flexibility in one area, it might provide your business with the flexibility you’re after in another. How do you get that? Ask. As mentioned, MSPs depend on building long-term relationships with their clients, so see how they can tailor their services to your business, while also keeping in mind they can’t compromise on everything as, they too, are a business.

MSP contracts are incredibly flexible and can be tailored to meet the unique needs of your business. Whether you need basic IT support or more advanced services, MSPs can offer a range of options to meet your needs. And with the ability to customise your contract to fit your budget, scalability and unique needs, an MSP is an excellent choice for any business looking to outsource its IT needs. Don’t hesitate to explore your options and find the MSP that is right for you!