Top 10 IT Risks to Consider In Your Business

In the ever-changing world of technology in which we live, we are constantly faced with the ever-changing risk of threats. Whether these threats come in the form of a phishing email telling you theres a million dollars in an African trust fund, or if they come in the form of a server crash – threats are real. Hopefully you’re part of the lucky group of people who’ve yet to experiece a crash (knock on wood!).

With that being said, I spoke to some of our technicians at MicroAge, and together we came up with a list of the top 10 risks they see, and what you can do to help minimize them!

1.    Recovery

  • Backup of virtual server: virtual copies of all your files in case physical server crashes
  • Disaster recovery plan: have you set aside time to run a simulation to ensure your recovery will work?
  • What are your recovery choke points? What can be done to lessen the time it takes to recover?
  •  Do you have the appropriate server space (at least 50%) to perform a recovery?

2.    Security

  • What is your password policy? Do you change your passwords every 3 months? Are they strong?
  • Do you have a high caliber router/ firewall? (this is your first line of defense)
  • Do you have anti-virus/ ransomware protection?

3.    Communication

  • Are your email servers protected? Do they have proper encryption? Most communication is done via email, so in the event of a crash, a major line of communication is at risk

4.    Mobile

  • What is your USB policy? Do you allow outside USB devices to be connected to computers on your network? Are your USB ports shut down?
  • Do you use mobile debit terminals? Are they encrypted?
  • Are employee laptops properly protected? If you have remote workers, any network they connect to can affect their device, and then affect your network
  • Employee cellphones? Are they secure? Password protected? Do you track them via GPS in the event they are lost/ stolen?
  • Do you have remote access to wipe data in the event they are lost/ stolen?

5.    Compliance

  • GDPR compliant? GDPR affects anyone storing sensitive data about anyone in an EU member state, putting most larger Canadian companies on the hook. It carries the strongest requirements that we have yet seen, raising the bar for Canadian companies. (More info here about Canadian compliance)
  • PCI compliant? The Payment Card Industry Data Security Standard applies to companies of any size that accept credit card payments (More info here about PCI compliance)

6.    Out- dated tech

  • Have you budgeted for an equipment refresh every 5 years? Threats change every day, and we need to stay up-to-date to ensure protection
  • Are your systems updated? Patch, antivirus, etc.?
  • Have you budgeted for server expansion? Company expansion? New hires, new workstations, etc.?

7.    Downtime

  • How long can your servers be down before you lose too much money?
  • How much does downtime cost you?
  • What is your plan to keep things moving while your main servers are down?

8.    End user training

  • Have you trained employees on proper usage of devices/ internet safety?
  • Malicious emails, phishing links can be disguised to look like legitimate emails. Are your employees knowledgeable on how to recognize these threats?

9.    Outside breach

  • What is your plan in the event of a security breach?
  • Do you know how to recognize when you’ve been breached?
  • What steps have you taken to reduce the risk of a breach? (Training, security, antivirus, etc.)

10. Internet

  • The internet poses the biggest risk to any business
  • Is your network properly protected? Have you taken the appropriate measures to ensure risk is properly mediated?
  • Do you and your staff know how to recognize threats?
  • What is your plan in the event of internet outage? Is your business operating via a single point of failure?

MicroAge is a full service IT firm, specializing in helping businesses maximize IT investments, and increase productivity. Feel free to reach out to me with any questions about what you see here. I’m more than happy to help!

Get the most from your IT

As service providers to more than 300 companies, the dedicated professionals at MicroAge are second to none when it comes to managed services. By improving efficiency, cutting costs and reducing downtime, we can help you achieve your business goals!

Most commented posts

3 Reasons Why You Should Be Using Managed Print Services

Poorly managing your fleet of printers can end up being a costly mistake which can eat into the overall budget of your business. Wasting ink,…

Read More
backup security routine

How to Implement a Successful Data Backup Routine

Data backups are absolutely essential for small and large businesses alike to prevent downtime, disruption, and delays. Without smart backup solutions, your company’s information becomes…

Read More

MicroAge Peterborough – Whitby is Officially One of The 50 Best Managed IT Companies in Canada!

On February 6th, 2020 at an Awards Ceremony hosted by TechnoPlanet, CEO Julian Lee in Toronto, MicroAge Peterborough – Whitby was honored by being chosen…

Read More
cyber resilient

Making Your Business Cyber Resilient

With the rising threats from malware, phishing and high-tech threat actors, cybersecurity is top of mind for businesses of all sizes. To successfully mitigate the…

Read More
cloud storage and backup

What is the Difference Between Cloud Storage and Cloud Backup?

The cloud has become more pervasive in the last few years and in particular, the last two years. It has certainly helped businesses with their…

Read More