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Reasons Why Businesses Need Managed Security Services

Managed Security Services – In an increasingly digitized and interconnected business landscape, the need for robust cybersecurity measures has never been more critical.

With cyber threats constantly evolving and becoming more sophisticated, businesses of all sizes and industries face a daunting challenge in protecting their sensitive data, intellectual property, and customer information.

This is where managed security services (MSS) play as a proactive and comprehensive solution to safeguarding digital assets. Managed IT Services experts provide the most trusted managed security services to modern businesses.

Managed security services involve partnering with specialized cybersecurity providers who offer a range of proactive measures, expert knowledge, and round-the-clock monitoring to identify and mitigate potential security risks.

This article will delve into the key reasons why businesses need managed security services and how they can benefit from this strategic approach to cybersecurity.

7 Reasons Why Businesses Need Managed Security Services

Expertise and Specialized Knowledge

Managed security services provide businesses with the expertise and specialized knowledge to protect their valuable assets from cyber threats. Cybersecurity is a constantly evolving field requiring high technical knowledge and skills.

By outsourcing their security needs to a managed service provider, businesses can access a team of experienced professionals who are trained to identify and respond to potential threats quickly and effectively.

In addition, managed security services providers stay up-to-date on the latest threats and trends in cybersecurity, ensuring that their clients have the most current protection available. With managed security services, companies can focus on their core operations while leaving the security of their information systems in capable hands.

Enhanced Threat Detection and Prevention

With the increasing threat of cyber-attacks and data breaches, businesses need adequate security measures. Managed security services can provide enhanced threat detection and prevention capabilities that go beyond what traditional security solutions can offer.

By leveraging advanced technologies such as artificial intelligence and machine learning, managed security services can quickly identify and respond to potential threats before they become significant. This can help businesses protect their sensitive data and prevent costly downtime caused by cyber-attacks.

Additionally, managed security services can provide ongoing monitoring and support to ensure your business remains protected from evolving threats. However, investing in managed security services is a smart choice for any company that prioritizes cybersecurity and safeguards its assets from harm.

Reduce Risk

As technology continues to advance, the need for businesses to secure their digital assets becomes increasingly essential. Managed security services can help reduce risk by providing solutions that protect against cyber threats. These services often include 24/7 monitoring and threat detection, vulnerability assessments, and incident response plans.

By outsourcing their security needs to a managed service provider, businesses can ensure they have access to the latest security technologies and expertise without investing in expensive in-house resources. This can help reduce the risk of data breaches, which can have devastating consequences for businesses and their customers.

Regulatory Compliance

Regulatory compliance is critical to running a business, particularly in industries that deal with sensitive data or financial information. Failing to comply with regulations can result in significant fines and damage to your company’s reputation.

Managed security services can help ensure that your business meets all necessary regulatory requirements by providing expert guidance on compliance and implementing security measures.

By working with a managed security services provider, you can be confident that your business is operating within the bounds of relevant regulations and protecting sensitive information from potential threats.

Zero trust security provides this level of protection that can give you and your customers peace of mind and help your business thrive in an increasingly competitive marketplace.

Focus on Core Competencies

For businesses, managed security services can be crucial in protecting sensitive information and assets from potential cyber threats. One of the key benefits of using managed security services is that it allows businesses to focus on their core competencies without worrying about the complexities of cybersecurity.

By outsourcing security management to experts in the field, companies can free up valuable time and resources that can be allocated to other essential business operations.

Additionally, managed security services can provide businesses access to the latest technologies and expertise they may not have otherwise had access to, further enhancing their overall security posture.

24/7/365 Oversight

Managed security services can provide businesses with 24/7/365 Oversight of their network and systems, ensuring that potential security threats are detected and addressed promptly. With the increasing sophistication of cyber attacks, it is crucial for businesses to have a proactive approach to security.

Managed security services can offer continuous monitoring, threat intelligence analysis, and vulnerability assessments to identify potential risks and improve overall security posture.

This level of Oversight helps protect against external threats and internal threats such as employee negligence or malicious behavior.

By partnering with a managed security service provider, businesses can benefit from expert guidance and support to enhance their security measures and minimize the risk of costly data breaches or other security incidents.

Staying Ahead of Evolving Security Threats

Managed security services can be critical to any business’s security strategy. With the ever-evolving nature of security threats, it can be challenging for businesses to stay on top of the latest risks and vulnerabilities.

By partnering with a managed security service provider, companies can benefit from the expertise and resources needed to proactively identify and mitigate potential threats.

Managed security services offer a range of benefits, including 24/7 monitoring, threat detection and response, vulnerability assessments, and compliance management. These services help businesses avoid emerging threats and secure their systems and data.

So, it is more important than ever for organizations to prioritize their cybersecurity efforts. By leveraging managed security services, businesses can proactively protect themselves from cyberattacks and safeguard sensitive information.

Conclusion

As businesses face an ever-increasing number of security threats, it is becoming increasingly clear that relying solely on in-house security measures is no longer enough. This is where managed security services (MSS) providers come in.

By partnering with an MSS provider, businesses can benefit from the expertise and experience of a team of dedicated professionals specializing in protecting against cyber threats.

With 24/7 monitoring, real-time threat detection and response, and comprehensive risk management services, MSS providers can help organizations avoid potential hazards and secure their sensitive data, operations, and reputations.

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PepsiCo Reduces Revenue Projections As North American Snacks And Key International Markets Underperform.

Pepsi

(VOR News) – In the third quarter of this year, Pepsi’s net income was $2.93 billion, which is equivalent to $2.13 per share. This was attributed to the company.

This is in stark contrast to net income of $3.09 billion, which is equivalent to $2.24 per share, during the same period in the previous year. The company’s earnings per share were $2.31 when expenses were excluded.

Net sales decreased by 0.6%, totaling $23.32 billion. Organic sales increased by 1.3% during the quarter when the effects of acquisitions, divestitures, and currency changes are excluded.

Pepsi’s beverage sales fell this quarter.

The most recent report indicates that the beverage and food sectors of the organization experienced a 2% decline in volume. Consumers of all income levels are demonstrating a change in their purchasing habits, as indicated by CEOs’ statements from the previous quarter.

Pepsi’s entire volume was adversely affected by the lackluster demand they encountered in North America. An increasing number of Americans are becoming more frugal, reducing the number of snacks they ingest, and reducing the number of times they purchase at convenience stores.

Furthermore, Laguarta observed that the increase in sales was partially attributed to the election that occurred in Mexico during the month of June.

The most significant decrease in volume was experienced by Quaker Foods North America, which was 13%. In December, the company announced its initial recall in response to a potential salmonella infection.

Due to the probability of an illness, the recall was extended in January. Pepsi officially closed a plant that was implicated in the recalls in June, despite the fact that manufacturing had already been halted.

Jamie Caulfield, the Chief Financial Officer of Pepsi and Laguarta, has indicated that the recalls are beginning to have a lessening effect.

Frito-Lay experienced a 1.5% decline in volume in North America. The company has been striving to improve the value it offers to consumers and the accessibility of its snack line, which includes SunChips, Cheetos, and Stacy’s pita chips, in the retail establishments where it is sold.

Despite the fact that the category as a whole has slowed down in comparison to the results of previous years, the level of activity within the division is progressively increasing.

Pepsi executives issued a statement in which they stated that “Salty and savory snacks have underperformed year-to-date after outperforming packaged food categories in previous years.”

Pepsi will spend more on Doritos and Tostitos in the fall and winter before football season.

The company is currently promoting incentive packets for Tostitos and Ruffles, which contain twenty percent more chips than the standard package.

Pepsi is expanding its product line in order to more effectively target individuals who are health-conscious. The business announced its intention to acquire Siete Foods for a total of $1.2 billion approximately one week ago. The restaurant serves Mexican-American cuisine, which is typically modified to meet the dietary needs of a diverse clientele.

The beverage segment of Pepsi in North America experienced a three percent decrease in volume. Despite the fact that the demand for energy drinks, such as Pepsi’s Rockstar, has decreased as a result of consumers visiting convenience stores, the sales of well-known brands such as Gatorade and Pepsi have seen an increase throughout the quarter.

Laguarta expressed his opinion to the analysts during the company’s conference call, asserting, “I am of the opinion that it is a component of the economic cycle that we are currently experiencing, and that it will reverse itself in the future, once consumers feel better.”

Additionally, it has been noted that the food and beverage markets of South Asia, the Middle East, Latin America, and Africa have experienced a decline in sales volume. The company cut its forecast for organic revenue for the entire year on Tuesday due to the business’s second consecutive quarter of lower-than-anticipated sales.

The company’s performance during the quarter was adversely affected by the Quaker Foods North America recalls, the decrease in demand in the United States, and the interruptions that occurred in specific international markets, as per the statements made by Chief Executive Officer Ramon Laguarta.

Pepsi has revised its forecast for organic sales in 2024, shifting from a 4% growth rate to a low single-digit growth rate. The company reiterated its expectation that the core constant currency profitability per share will increase by a minimum of 8% in comparison to the previous year.

The company’s shares declined by less than one percent during premarket trading. The following discrepancies between the company’s report and the projections of Wall Street were identified by LSEG in a survey of analysts:

SOURCE: CNBC

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Old National Bank And Infosys Broaden Their Strategic Partnership.

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Old National Bank And Infosys Broaden Their Strategic Partnership.

Infosys

(VOR News) – Old National Bank, a commercial bank with its headquarters in the Midwest, and Infosys, a firm that specializes in information technology, have recently entered into a strategic expansion of their link, which has been in place for the past four years.

This expansion is more likely to take place sooner rather than later, with the likelihood being higher.

For the purpose of making it possible for Old National Bank to make use of the services, solutions, and platforms that are offered by Infosys, the objective of this expansion is to make it possible for the bank to transform its operations and processes through the application of automation and GenAI, as well as to change significant business areas.

This lets the bank leverage Infosys’ services, solutions, and platforms.

Old National Bank Chairman and CEO Jim Ryan said, “At Old National, we are committed to creating exceptional experiences for both our customers and our fellow employees.”

This statement is applicable to Old National Bank. Infosys is carefully managing the business process innovations that it is putting us through, putting a strong emphasis on efficiency and value growth throughout the process to ensure that it is carried out efficiently.

This is a routine occurrence throughout the entire operation. Because of Infosys’ dedication to our development and success, we are incredibly appreciative of the assistance they have provided.

Old National has been receiving assistance from Infosys in the process of updating its digital environment since the year 2020, according to the aforementioned company.

Ever since that time, the company has been providing assistance. The provision of this assistance has been accomplished through the utilization of a model that is not only powerful but also capable of functioning on its own power.

Infosys currently ranks Old National thirty-first out of the top thirty US banks.

This ranking is based on the fact that Old National is the nation’s largest banking corporation.

It is estimated that the total value of the company’s assets is approximately fifty-three billion dollars, while the assets that are currently being managed by the organization are valued at thirty billion dollars.

Dennis Gada, the Executive Vice President and Global Head of Banking and Financial Services, stated that “Old National Bank and Infosys possess a robust cultural and strategic alignment in the development, management, and enhancement of enterprise-scale solutions to transform the bank’s operations and facilitate growth.”

This remark referenced the exceptional cultural and strategic synergy between the two organizations. Dennis Gada is the one who asserted this claim. This was articulated explicitly concerning the exceptional cultural congruence and strategy alignment of the two organizations.

We are pleased to announce that the implementation of Infosys Topaz will substantially expedite the transformation of Old National Bank’s business processes and customer service protocols. We are exceedingly enthusiastic about this matter. We are quite thrilled about this specific component of the scenario.

Medium-sized banks operating regionally will continue to benefit from our substantial expertise in the sector, technology, and operations. This specific market segment of Infosys will persist in benefiting from our extensive experience. This phenomenon will enable this market sector to sustain substantial growth and efficiency benefits.

SOURCE: THBL

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American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

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American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

water

The largest regulated water and wastewater utility company in the United States stated Monday that it had been the target of a cyberattack, forcing the company to halt invoicing to consumers.

water

American Water, The Largest Water Utility In US, Is Targeted By A Cyberattack

American Water, based in New Jersey and serving over 14 million people in 14 states and 18 military facilities, said it learned of the unauthorized activity on Thursday and quickly took precautions, including shutting down certain systems. The business does not believe the attack had an impact on its facilities or operations and said employees were working “around the clock” to determine the origin and scale of the attack.

water

The corporation stated that it has alerted legal enforcement and is cooperating with them. It also stated that consumers will not be charged late fees while its systems are unavailable.

According to their website, American Water operates over 500 water and wastewater systems in around 1,700 communities across California, Georgia, Hawaii, Illinois, Indiana, Iowa, Kentucky, Maryland, Missouri, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia.

SOURCE | AP

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