Do you need a Chief Security Officer?

Cyber security is an increasingly important topic. Whether you are in the construction, financial, legal, healthcare, education or many other industries, your data needs to be both accessible and secure. Internal and external security threats can affect your operations, earnings, and level of trust your clients have with your organization. With the growth of cloud-computing and mobile technology the demand to keep sensitive information and data secure will only increase.

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Few companies can afford the disruption to operations caused by a security breach. Enter a Chief Security Office. This C-level professional will lead the charge for security measure of data within your company. CSOs usually possess a master’s degree. They will make the procedures, guidelines and direction for information security policies within your company. These guidelines should be set in place to protect information and data from internal and external threats. The CSO will be responsible for the planning, coordinating, developing, and implementing of all cyber security measures.  They can also educate other employees on data security measures and best practices. Not every company is able to add another C-level position to their organization just yet. With or without a Chief Security Officer, all organizations should have a data recovery plan so they do not lose their data and information. If a CSO is not currently in your scope, consider doing outsourced IT. This alternative will fit you data security needs and other tech needs your company may have. They will be able to assist you in doing a technology-based risk assessment annually, which is a best practice when it comes to data security. This can give a baseline of the measure that need to be taken to keep your sensitive information and data safe. An outsourced tech provider can assist you in creating a data classification policy and verse you in cyber liability insurance. Deciding if you need a CSO can take a good deal of internal auditing and planning. This tech-focused executive can be replaced by outsourced IT. Take your time in researching the benefits and costs of each option.

In-House Development: Is it Worth the Cost?

When you look into building integrations, there is much to consider. One of the first decisions a company needs to make, once they have a picture of what the integration will be capable of, is to develop in-house or not to take the project outside of the company. The next order of business: the cost. Your first instinct might be that developing in-house will be the most cost effective way to go about it. Taking a holistic look at what an in-house integration will take, could change your mind. Let’s look in a little more detail at what it will take. When looking strictly at the integration there are a few things to consider: the integration’s deadline, the number of integrations and their complexity, updates and new releases the integrations will need.

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Missing an integration’s deadline can cost your company time, money, and reputation. If the integration is very complex, this could be easy to do. There is also a lot of upkeep for integrations once they are out the door. This can be a lot of added stress on your team and building integrations is impossible without the right team. Now, to consider your team. Do you have the developers in place? What is their current workload? With a seasoned team of developers, you will avoid recruiting, hiring, and training costs for starters. Let’s say you have the team, the hardware and software they need and your team has the time to create your integrations, you are off to a great start. Ryvit estimates it costs $50/hour for in-house developers. With a team of three to create 10 integrations it will cost you $1200/day. Over the course of a year that is $288,000 for the developers alone. If it is their first time, however, it will take them an estimated 4 times longer than an established team to create the integration, and as they say, “time is money.” Ryvit’s team of experienced developers will be able to create quality integrations in a timely manner for your company at a fraction of what it will cost you to develop in house. Our estimated cost of the same 10 integrations is $150,000, less than the cost of the three in-hose developers for one year. We have the capacity, hardware, and software to keep your integrations updated and running smoothly. We make quality integrations worth the cost with less stress on your team. Want to run your own numbers? Use our calculator to see the estimated return on investment for your company. [button size='' style='' text='Calculate Here' icon='' icon_color='' link='https://ryvit.com/roi' target='_self' color='' hover_color='' border_color='' hover_border_color='' background_color='' hover_background_color='' font_style='' font_weight='' text_align='' margin='']

More bang for your buck: Cloud vs On-Site backup

The debate between cloud backup and on-site hard drive backup has been ongoing. There are pros and cons to consider for each including speed and reliability. Each of the solutions has its own vulnerabilities and risks associated with putting your company data on them. However, if we set all of those aside and only look at the bang for your buck, which one would win? For the hard drive option, when it comes right down to it, the larger storage space you want on your hard drive, the more you will pay.

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According to PC World, it breaks down to about 10-50 cents per gigabyte. This cost covers the vast majority of hard drives, but there are always going to be a few that lay outside of this average on each side. Although this is a range, it is a pretty small range in comparison. A hard drive should be guaranteed to last at least three years. The overall cost of a cloud service is determined in a completed different way. There are many options for cloud backup that have different features and benefits. Paying top dollar in the cloud space will often get you the benefit of quality file encryption, and customer service, and multiple restore points meaning if your data is lost you can revert to your data settings a few hours ago, a few days ago or a few months ago. At the lower end of the spectrum, you will get you basic needs covered- your data will be backed up on the cloud. With this wide of a range in perks, the price per gigabyte varies widely too; the price per gigabyte for cloud backup can range from a fraction of a penny to $10 or more; meaning for the same size of storage, you could pay a very different price depending on what perks you want and need. As you can see, this isn’t comparing apples to apples. There is no true price comparison that lays it out precisely per gigabyte and tells us the most cost effective solution. If we take a look at the range in sizes of storage and look at the average, we can start to make some comparisons. Smaller storage, under 20GB, doesn’t store much, but sometimes that’s all you need. If you are just wanted to back up a few pictures and documents, this is all the more storage that is needed. Cloud-based solutions in this category include Dropbox, which is widely used, and for the basic package, free. When looking at storage that is still pretty small, but larger than 20GB, it is still cheap, but up charges may apply. When your Dropbox is full and they ask you if you want to upgrade, it will cost you. These solutions can be anywhere from $1-$4 per gigabyte. Cheaper solutions such as OpenBox Home come in at a lower price tag, however. This small category still falls under the 10-50 cents per gigabyte for hard drive backup solutions. Moving up in storage size to 100-500GB, a standard size meeting many needs, hard drives are more competitive per gigabyte. They are practically dead even at 41 and 42 cents respectively on average. If we look at large storage, 500GB- 1T, it is also a very close race. Per gigabyte, the external hard drive is about 10 cents cheaper on average. This, of course, depends on the features you select for you cloud-based backup. When your storage needs exceed 1T cloud-based solutions are cheaper at a mere 4 cents per gigabyte. When dealing with this much data, an external hard drive lasting only three years is also something to consider. Cloud-based solutions take the cake for the bang for your buck category even though it isn’t an apples to apples comparison. You get comparable storage size or more for the same money when you choose the cloud across the board. Online backup services are also becoming cheaper each year as more and more providers enter the market. As cloud-based solutions continue to gain popularity for good reason. These solutions are reliable and open up many opportunities when it comes to integrations and business intelligence.