Top Benefits of Managed Service Providers (MSPs)

Managed services are more important than ever for organizations, especially with the rise of data compliance legislation, frequent software updates, and ever-evolving security risks. 

Managed services allow you to outsource your repairs, updates, maintenance, and other IT concerns to experts who work around the clock to ensure peak performance for your site and company. But what if you’ve never used a managed services provider and don’t know whether it’s worth your time and money?

Let’s break down the advantages and top benefits of managed service providers in detail.

Make IT Costs More Predictable

For starters, managed services make your IT costs more regular and predictable overall. When you sign up for a managed services package:

  • All of your costs are included in the monthly or annual rate you pay
  • Any unexpected expenses are covered under your managed services provider

In this way, you can budget your IT costs more evenly. Small businesses, in particular, may benefit from the predictability and low upfront cost of managed services.

Plus, if your IT systems ever encounter a massive repair that would cost you hundreds or thousands of dollars, you’re covered under the shield and expertise of managed services.  

Callout 1- Make IT Costs More Predictable - 2 bullet points

Low Downtime | The Best MSP in Long Island, NY Shows You How

The right managed services provider can also significantly reduce downtime for your website or network. The majority of downtime occurs because of equipment issues, such as malfunctioning servers or computers.

Managed services may cut down on the costs of downtime (both in dollars and in reputation) by implementing protective strategies such as:

  • Keeping cybersecurity protocols in place
  • Updating software regularly
  • Minimizing the chance for human error by employing experts in your company’s IT systems
  • Employing other safeguards as necessary

When your organization’s reputation hinges on maximum uptime, a managed services provider might be the best way to go.

Mobile Device Management (MDM) Services for Long Island Businesses

Increased Scalability

As your business grows, you’ll need to add new networking capabilities, new software, and hardware, and otherwise scale up your IT systems.

Managed services providers make scalability much easier. They can coordinate scaling your network up, provide the new equipment necessary for the expansion, and even train anyone in your organization who requires special skills.

Alternatively, managed services may allow you to expand and upgrade your systems when it’s necessary without having to permanently hire and train employees who you may not need afterward (which can save you thousands of dollars).

In this way, managed services providers offer you both easy scalability and flexibility without requiring you to commit to massive expenses upfront.  

Callout 2- dark blue background- 3 benefits listed: Low Downtime, Increased Scalability, Boosted Security & Preventive Measures

Boosted Security + Preventative Measures

There’s no denying that cybersecurity concerns are important in this day and age. Small businesses in all industries are routinely targeted by cybercriminals. Even if you have antivirus software in place, keeping it updated and ensuring your security measures are up to snuff is a full-time job for several employees.

Long Island Tech Solutions Also Provides…

A managed services team can take care of cybersecurity for you. Not only can they monitor your system 24/7, but they can also:

  • Ensure that your security protocols and technologies are updated and suitable for modern cyber threats
  • Provide regular security training material as needed
  • Anticipate new cyber threats
  • Implement preventative measures, such as not allowing your day-to-day employees access to critical files or security systems

In many cases, a managed services provider can majorly boost your company’s IT security across the board.

Data Compliance Assurance

Data compliance issues are becoming more common, especially as legislation like the GDPR and CCPA is implemented. Even without this legislation, standards such as the PCI DSS and HIPAA often require compliance from your business to avoid heavy fees and reputational damage.

A managed services provider can ensure that you stay compliant with data security and consumer protection rules at all times. This way, you can reduce the administrative overhead and man-hours required to keep track of such compliance issues yourself.

This is even more important as legislation expands and as new rules are drafted. Once again, you or your employees don’t have to stay up-to-date with each new development. Let a managed service provider do the heavy lifting and free up your time for other aspects of your business.  

What Is Compliance as a Service?

Callout 3- managed services virtual touchscreen- 2 benefits listed: Data Compliance Assurance, 24/7 Tech Support

Get The Best 24/7 Tech Support with LI Tech Solutions

Even modern IT systems still require tech support from time to time. A managed services provider can offer 24/7 Tech support whenever you need it without having to wait for another organization or a customer service channel.

This flexibility and immediate responsiveness can help you get back on track after a minor technical hiccup or prevent small issues from spiraling out of control.

Regular Upgrades Without Increased Workload

As your software and hardware reach the end of their lifespans, it still needs to be upgraded. Your managed services provider can ensure that your software, including all your security measures, is properly updated without increasing your employees’ workload unnecessarily.

Not only does this free up time for your workforce, but it also ensures that you aren’t subject to a technical glitch or a cybersecurity attack because your company forgot to upgrade to the latest version of a major piece of software.  

Callout 4- 2 benefits listed: Regular Upgrades without increased workload, Expertise on your side

Expertise on Your Side

Perhaps most important of all, a managed services team provides instant access to technical expertise at all times.

You never need to worry about being unable to understand some core part of your IT infrastructure or tech stack. Your managed services team will know the ins and outs of your IT systems and be able to handle maintenance, security checks, repairs, and even replacements when needed.

This technical expertise is more important than ever, especially as tech becomes more complex and as systems interlink with increasing regularity. 

Contact LI Tech For The Best MSP Services in New York City

Ultimately, the advantages and benefits of managed service providers are too critical to ignore. That’s why LI TECH’s managed services are ideal for organizations just like yours.

Not only do we offer full network auditing, security, and risk mitigation, but we also provide scaling technologies and support to assist your enterprise as it grows. With LI TECH on your side, your company will thrive in the modern tech environment.

Contact us today for more information about our managed services and cloud architecture benefits.

4 Data Backup Myths You Need to Know About

Humans generate 2.5 quintillion bytes of data every day.1 That is a substantial amount of information. However, failing to keep up with the ever-changing threat landscape might wipe your share of this data in the blink of an eye. In fact, ransomware has more than doubled in frequency since last year, accounting for 10% of verified breaches.2

While there is a lot of fear surrounding cybersecurity, you don’t need to panic. There are measures you can put in place to better protect your business. One of our best recommendations is to make data backups a component of your cybersecurity plan. Companies that don’t regularly back up valuable data leave themselves vulnerable to evolving cyberthreats.

Data loss can occur due to multiple reasons that range from hard drive failures and ransomware attacks to natural disasters and human error. Whatever the reason may be, data backup can provide the relief you need by helping restore data on your devices should an incident occur.

When you decide to embark on your data backup journey to protect your organization and create business continuity, there are several myths you’ll come across. Here are four of the most common data backup myths:

Backup Myths Debunked

Myth #1: Data Backup Is Too Expensive

Data loss can have a cascading effect, resulting in downtime, productivity loss, revenue disruptions, regulatory fines, and reputational damage. The total cost of these setbacks is typically higher than the cost of a backup solution.

Myth #2: Having One Copy of Your Data Backed Up Is All You Need

The 3-2-1 strategy is a data backup best practice that involves having at least three copies of your data, two on-site but on different mediums/devices, and one off-site.

  • Three copies of data: Having at least two additional copies of your data, in addition to your original data, is ideal.
  • Two different mediums: Keep two copies of your data on different types of storage medium such as internal hard drives and removable storage like an external hard drive or a USB drive.
  • One off-site copy: Keep one copy of your data off-site. This helps safeguard against worst-case scenarios.

Myth #3: Multiple Copies Guarantee Successful Backups

Having additional copies of your data by following the 3-2-1 strategy is a smart practice, but this doesn’t guarantee backups will operate as expected.

Organizations following the 3-2-1 strategy generally keep the original data and one of its copies on-site while another copy is transmitted to a safe, off-site destination, typically the cloud.

Beyond creating additional backup copies, regularly check to verify whether your backups are working properly since they may still be vulnerable to user error or data corruption. Routinely test backups or outsource the task to a managed service provider (MSP).

Myth #4: Data Backup and Disaster Recovery Are the Same

This misunderstanding stems from the fact that many people do not understand the difference between data backup and disaster recovery. Even though they are both vital components of business continuity, they are not the same.

While data backup is the act of backing up critical data, disaster recovery is the act of recovering those backups. Another distinction is that while data backup is defined by the recovery point objective (RPO), which is the amount of data that must be restored to keep operations running, disaster recovery is defined by the recovery time objective (RTO), which considers the time it takes to recover.

Partner for Success

Trying to safeguard your organization against data loss on your own can be overwhelming. Fortunately, we’ve got you covered.

We can make it easier for you to implement a long-term security and data backup strategy that also meets IT and endpoint device security and data protection requirements – especially considering new, growing cyberthreats that target vulnerabilities you may have overlooked. Contact us today for a free consultation.

 

Sources:

  1. net
  2. Verizon 2021 DBIR

Article curated and used by permission.

4 Reasons to Refresh Your Technology Infrastructure in 2022

After the ups and downs of the last year and a half, the business world is making its way into 2022 with renewed optimism. Business executives are contemplating strategies to start the year with a strong quarter by adapting to the new normal. Do you have the best technology infrastructure to help you kick off the new year with a bang? If not, it’s time to consider a technology refresh.

Every company wants to grow, but if you treat your technological infrastructure as an afterthought, you may be severely limiting your company’s potential.

Remember that your IT infrastructure is a critical component of your business. An up-to-date and high-quality IT infrastructure is an asset that enables you to do business without falling prey to cyber threats and helps you achieve your goals.

A technology refresh enables a company to analyze the current state of its IT infrastructure and weigh the merits of trying something better. For a company’s long-term success, it’s best to review the present IT infrastructure — hardware, software, and other technology solutions — and determine what additional solutions are available that would better suit its needs.

Reasons Worth Considering Before Refreshing Your IT Infrastructure

The following are the top four reasons to refresh your technology infrastructure:

 

Increased Security

The threat landscape is constantly evolving. We know this because of the projected increase in the cybersecurity market size from around 217 billion in 2021 to about 240 billion in 2022.1 If you want to keep cybercriminals out of your business, you must understand where your technology and security measures fall short, leaving you vulnerable.

Some of the threats that small and midsized business (SMBs) IT infrastructure must defend against are:

 

Assurance That You’re Meeting Compliance Requirements

Regardless of your industry, you’re probably subject to compliance regulations that your company must follow. If you use outdated technology that no longer receives software patches and is no longer supported, you may jeopardize your compliance status. Finding these gaps in your infrastructure as early as possible allows you to close them, thereby avoiding reputational damage and getting into hot water with regulators.

Never take compliance lightly since failure to comply can result in:

  • Hefty penalties
  • Uninvited audits
  • Criminal charges
  • Denial of insurance claims
  • Forced closure or even imprisonment

Reliable Backup

If you don’t have a backup solution, you should find one that will work for your business because you could lose all your critical data in the blink of an eye. If you currently have a backup solution, you should check on it regularly to ensure that it is still functional. If it isn’t working, and your organization wants to access your backups, you’ll be in a tough spot.

In addition, some cyberattacks specifically target backups. As a result, it is critical to review and refresh your backup solution regularly.

 

Stay Competitive Using Artificial Intelligence (AI) and Other Emerging Technologies

According to Gartner, 33% of technology and service provider organizations intend to invest $1 million or more in AI over the next two years. AI and other emerging technologies are rapidly altering the landscape of every industry. If you want to stay ahead of your competitors, you must use the most up-to-date technology that is appropriate for your industry and goals. This could explain why around 60% of SMBs have invested in emerging technologies.2

 

Collaborate for Success with a Technology Infrastructure Refresh

A timely technology refresh could act as an energy boost for your company, enabling it to be more resilient. Begin your IT infrastructure refresh journey with a partner like us.

Knowing that the process is in expert hands gives you peace of mind and allows you to focus on building your business.  Get in touch with us today.

Sources:
  1. Statista
  2. Adobe Digital Trends Report

Article curated and used by permission.

Working Better With the Cloud

In all its forms and applications, the Cloud has revolutionized business. If a company chooses to be more efficient, secure, or scale to new heights, the Cloud is a precondition to success. According to the Small Business and Entrepreneurship Council, 84% of small business owners consider cloud services fundamental to their successful operation.

An organization can extend employee productivity beyond the physical workplace and allow businesses to meet any future possibilities.  

The Cloud is one of a few ground-breaking technologies equally accessible to small, medium, and large enterprises. Whether the operation is a one-person shop or multi-national, the Cloud can generate an opportunity.

The following post highlights how integrated IT companies such as LITech Solutions bring all the possibilities of the Cloud to any size business. Only a few, highly trained organizations around the globe, offer the solutions as LI Tech.

  • How Can the Cloud Transform Your Business?
  • Working with LI Tech
  • The Cloud
  • Final Word

LI Tech Solutions (516) 210-6400 

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7 Ways The Cloud Transform Your Long Island Business

Consider the following seven areas where LI Tech Solutions has made a difference

  1. Scale at Speed. There are occasions when a business encounters a surge in production or a sudden rise in shipments. Moving operations to the Cloud allows the firm to deal with such increases quickly and efficiently. Services are better coordinated, support offerings are enhanced, and communications across the supply chain are reinforced.
  2. Greater Collaboration. According to Microsoft, 66% of small to medium-sized businesses recognize the ability to work on any device integral to their operations. Teams in outlying parts of the globe can collaborate on documents and tasks without email attachments, sharing calendars, or jumping on the phone.
  3. Cloud-based services are bringing clients and patients into the discussion, improving information sharing and patient care. Healthcare has benefitted from the Cloud and its wondrous possibilities, unlike any other industry. LI Tech Solutions is at the cutting edge of Digital Healthcare.
  4. The ability to access data at any time for anyone with the appropriate credentials is an essential part of growth. The Cloud offers consistency between employees, management, and consumers, meaning everyone is on the same page. Barriers of remote access are eliminated; Cloud computing brings the office to the employee.
  5. Employees are finding a work-at-home solution as their best route to raising a family, with 36% of all new hires since 2019 agreeing to both in-office and residential work situations. LI Tech offers integration alternatives for companies to blend with the new work paradigm.
  6. The Cloud allows businesses to deliver a customer experience that adds new digital touchpoints and insights to the relationship. Brands are building through traditional advertising channels and new Cloud-based initiatives; growth ahead is the direct link between business and consumer.
  7. Growing your company online means having the proper information at the most opportune time. Companies must make certain the information they receive is correct. 52% of all web traffic comes from automated bots, and half of those are bad bots looking to harm your hardware and networks. LI Tech’s backup and security methodologies are the future of data security.

LI Tech provides five robust components that take your organization into the future. The company is one of the exclusive few Cloud Integration providers that can undertake any size infrastructure opportunity. (516) 210-6400 

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Working with LI Tech: #1 MSP on Long Island, NY

  • LI Tech scans your current computer software and hardware configurations and offers cost alternatives and improvements.
  • Collaboration is improved for all teams. Your company’s skilled employees will experience a radical improvement in connecting with others. Employees access files and documents housed in secure areas of the Cloud Infrastructure.
  • LI Tech’s advanced security measures keep data safe and encrypted. Advanced network protocols deal with the everyday care of the network.

The Cloud

Exciting new technologies are advancing the enterprise, and proprietary services are revolutionizing the corporate infrastructure. Every business sector is seeing the rewards of innovating with the Cloud and LI Tech Solutions.

Four Services Long Island Tech Solutions is Pioneering:

  • Infrastructure as a Service (IaaS) helps businesses by taking advantage of pre-formed structures to handle different workload demands. A major player in Cloud services is Microsoft Azure, an LI Tech partner known worldwide as an innovator.
  • Platform as a Service (PaaS) gives your company’s developers access to cloud-based mechanisms such as APIs and web portals. PaaS such as Salesforce Lightning is an attractive solution to build next-level CRM applications.
  • Software as a Service (SaaS) brings the world to any device. SaaS gives users access to applications to help them collaborate better, manage projects with efficiency, and grow the business without constraint.
  • Compliance as a Service (CaaS) is one of the newest services provided by LITech. As the assimilation of the public and government expands, so do the mounds of regulation. CaaS by LI Tech helps companies meet the overload of excessive regulation. 

Callout 4- cloud computing icon over suit- LI Tech Solutions offers cloud solutions

Contact LI Tech For The Best Cloud Infrastructure Development in New York

No other company in the technology space gives its patrons a forward-thinking opportunity like LI Tech Solutions. From its proprietary Managed Services to the Cloud Infrastructure division, LITech offers consumers the best of all worlds.

Businesses around the globe are accelerating their infrastructure move to the Cloud. LI Tech offers unmatched solutions spanning the Cloud and business environments. LI Tech’s advanced services provide increased performance metrics and deliver tight integration with the tools already being used by the company.

How Data Compliance and Cybersecurity Differ

When you run a business, compliance and cybersecurity are essential. Both are equally important for the seamless operation of your business. While compliance helps your business stay within the limits of industry or government regulations, security protects your business’s integrity and sensitive data.

It is worth noting that although security is a prime component of compliance, compliance does not equal security. This is because compliance does not account for the growing threat landscape and its associated risks. What it considers, however, is a set of pre-defined policies, procedures, controls, etc. 

If an audit concludes that these pre-defined elements are adequate and your business adheres to them, everything is considered “okay” from a compliance standpoint. However, you still may not be up to scratch from a security standpoint, which only goes to show that you can be compliant but still fall short on security.

In other words, because compliance requirements take a predictable path and change slowly, the compliance landscape lags behind the rapidly changing, unpredictable security landscape.

Now, let’s find out how your business can benefit by combining compliance and cybersecurity.

Cybersecurity Solutions for Long Island Businesses: Managing Compliance and Mitigating Risks

Get Covered With Security and Compliance Solutions

There are multiple security loopholes that you must proactively fix to stay out of danger. You can do it by deploying suitable security solutions. A few common security loopholes and related solutions are:

1. Advanced Persistent Threats (APTs) 

APTs across three attack pillars — endpoints, networks, and the cloud — can paralyze hybrid/remote/on-site work environments. Experts estimate the global APT protection market to be worth close to $15.59 billion in 2024 and $48.59 billion by 2035. (1) This statistic highlights the trouble caused by APTs. The best way to tackle it is by deploying a solution that can: 

  • Offer 24/7 monitoring and threat hunting
  • Efficiently block malicious actors that evade firewalls and antivirus systems

2. Insider threats skyrocketing at alarming rates

Over the last two years, insider incidents have increased by 47%. (2) What makes the scenario even worse is the fact that insider threats are tough to detect. That’s why it is advisable to have an advanced internal threat detection solution that combines machine learning and intelligent tagging to identify anomalous activity, suspicious changes, and misconfiguration-related threats.

3. Lack of clarity about the network

Keeping track of all the computers, mobile phones, printers, and servers on your business’s network is challenging, especially in today’s increasingly remote-first work environment. But without knowing the devices on your network, it is not possible to know your IT network’s health. To combat this problem, you need an automated assessment and documentation solution that can identify risks across all assets, including those not physically connected to the network.

4. Untrained employees and credentials getting sold on the dark web

  • When your employees are untrained and are unaware of risky actions, it could lead to severe security setbacks. For example, an employee who carelessly clicks a phishing link could trigger a full-blown ransomware attack on your business. 
  • Another major cybersecurity issue you may encounter is having your credentials sold on the dark web. Experts estimate that 60% of the information available on the dark web could negatively affect most businesses’ security and financials. (3)
  • Remember that inadequate data access protocols are not just a security issue but can also land you in hot water with regulators.

Tackle all the above issues by deploying industry-best solutions for security awareness training, dark web monitoring, and identity/access management.

Just as you must fix security loopholes the moment you spot them, you must also fix compliance loopholes. Non-compliance can even lead to regulators levying penalties of up to 4% of your company’s turnover. (4) Beyond financial loss, you will also have to face stakeholder dissatisfaction, a drop in market share, etc. To avoid such trouble, use a solution that automates compliance processes and generates insightful reports that document compliance.

Long Island’s Best IT Company Offers MSP Data Protection & Recovery Tips

Convergence of Cybersecurity and Compliance

Most companies have at least some protection in place, such as antivirus software on workstations/active firewalls. However, you must ensure your business’s security posture can withstand the evolving cyberthreat landscape. With some effort, you can incorporate your security solutions into your compliance strategy as well. 

By systematically integrating security and compliance, you can significantly reduce risks. To ramp up your organization’s security posture, you can implement strong authentication, data protection, access monitoring, network-to-edge defenses, etc. By routinely validating the effectiveness of these solutions once they’re in place, you can ensure your organization takes the necessary measures to avoid noncompliance and security breaches. 

Ready to take the next step? We can help. Contact us today. 

Register for a consultation to learn more about how LI Tech Solutions can help you combine compliance and cybersecurity to prevent data compliance issues.

 

Sources:

  1. Statista
  2. 2020-Global-Cost-of-Insider-Threats-Ponemon-Report
  3. CSO Online
  4. GDPR Associates

Global Impact of Cybercrime: What Every Business Needs to Know

Cybersecurity companies are having a banner year on Wall Street, and why not? Deadly threats to business are popping up almost daily, threatening people’s lives and income. The global impact of cybercrime requires a business to understand the emerging trends of cybersecurity.

Cybercrimes’ threat to business costs the global economy over $445 billion each year, while intellectual property theft exceeds $160 billion. Threats against small businesses are alarming. One in five fall victim to cybercrime, and of those, 60% are out of business in 6 months. 

Cybercriminals went on a crime spree during the pandemic and have taken advantage of the world’s dependence on technology. 

Li Tech Solutions (516) 210-6400

Will the Constant Threat of Cyberattack Ever End: What New York’s Best MSSP Thinks

What began as a small network for scientists and researchers a few short decades ago has turned into an $8 trillion behemoth connecting over 3.5 billion people. The internet has become an essential aspect of people’s lives around the globe.

Businesses of every size rely more on the internet than ever before. Data and connectivity are the lifeblood of small businesses. The internet allows the smallest firms in remote locations to have a global impact.

As networks expand and new technologies come online, cybercrime is expected to grow. According to Cisco Umbrella’s 2021 Cybersecurity Trends, the statistics are alarming. These numbers are from Cisco devices and services that process over 620 billion internet requests daily. 

  • 86% of organizations had at least one user try to connect to a phishing site.
  • 70% of users were served malicious browser ads.
  • 69% experienced some form of unsolicited crypto mining offer.
  • 50% of every organization encountered some ransomware activity.
  • 48% found information-stealing malware activity on their network.

Li Tech Solutions (516) 210-6400

Callout 1- Will the Constant Threat of Cyberattack Ever End?

A majority of experts queried on “Why are businesses so vulnerable to cyberattack?” The single gravest answer –  Human Error!  

Businesses are vulnerable and have the most to lose. In the latest round of ransomware attacks, the cybercriminals target large infrastructure companies with a lot to lose if their operations were interrupted. They are holding companies hostage.

According to the FBI’s Internet Crime Report for 2020, email scams reported to the bureau accounted for most of the damage to businesses. The FBI’s report described several devastating scams, such as the  BEC/AEC email hoax, which dealt with the fraudulent transfer of funds. 

Cybercriminals gained access to business accounts through social engineering techniques and direct computer intrusion. 

Long Island Tech Solutions Explains What You Should Know About Cyberattacks

Small businesses with limited resources are lucrative targets for cybercriminals seeking credit card numbers, bank accounts, and employee financial data. Smaller companies tend to have weaker security measures because more transactions are online via the cloud. Small businesses generally ignore the dangers and impact of cybercrime in favor of daily profit.

Cyberattack Methods:

  • Hacking: email and system hacking are the two of the most common methods for cybercriminals to gain access and manipulate company information.
  • Phishing: Unsuspecting employees pass along personal and sensitive information to fraudulent websites.
  • Social Engineering: employee trust is built with fraudulent interaction to gather more information.
  • Malware: malicious software is increasingly more effective and dangerous as employees do not recognize the threat.
  • Keylogging: software tracks employee keystrokes and is dangerous because some anti-virus programs cannot detect the threat.
  • Identity Theft: stealing an employee’s personal information and using it to commit fraud is becoming easier for cybercriminals.

So much has been written about cybersecurity, it is becoming difficult for individuals and businesses to know how to proceed. The single best step a business can take, partner with Li Tech Solutions and let them guide you in the right direction.

Li Tech features five modules that can help a small business have a global impact.

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Get The Best Protection From Long Island Tech Solutions | #1 MSSP in New York City

Understand evolving risks and emerging trends of cyber-security and be prepared for the vulnerabilities in your business. Know what is valuable to a cyber-criminal; credit cards, asset accounts, intellectual property.

Develop a security plan; no matter how big or small your business is, the best offense is a good defense. Make sure every digital protocol is covered when making your plan. Cover the routine actions employees perform daily, like data backups. Include newer technologies that impact your operation, such as social media and cloud computing.

Keep hardware, software, and security protocols up to date. Li Tech Solutions can be a big help.

Educate your employees on the impact of cybercrime.  Every piece of advice written about cybersecurity includes some form of educating an employee. Mainly because employees are the single most significant leak a company can have, IT staff and management should not be the only ones concerned about cybersecurity.