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Cybersecurity Insurance Policy Pleasantries

Cybersecurity Insurance Policy Pleasantries

Do you feel like your business insurance policy will cover you in the event of a digital disaster? If you’re online, you’re at risk, and small and medium businesses that engage in e-commerce are especially vulnerable to threats. To prepare for zero-day cyber attacks and other threats, you can enroll in a cybersecurity insurance plan. Let’s have a look at how you can protect yourself against losses by using cyber security solutions and cybersecurity insurance together.

Cybersecurity Insurance Estes Cloud Security

How much cybersecurity insurance coverage do you need?

Your coverage should match your maximum level of acceptable losses. Your risk increases as your online presence grows, and each year cybercrime gets smarter, with novelty attacks arising from talented dark web lurkers. 

Hackers never rest, and security software IT companies must match their energy and their creativity. As a business owner, you face the great responsibility of securing your servers, your networks, your employees, and your customers. Even with everything protected by cybersecurity software solutions or by SECaaS (Security as a Service) management, you’ll want to ensure that your insurance coverage offers some hope if and when digital disaster strikes.

  • Know your cyber risks
  • Know your cyber threats
  • Know how much cyber insurance coverage you need
  • Know how the cyber security landscape is evolving

What is cybersecurity insurance?

Like healthcare insurance can’t prevent you from getting sick, cybersecurity insurance can’t prevent you from getting hacked. Therefore, your first step should be to buy a comprehensive cybersecurity solution. Do not trust a default security installation or setting. Zero-day attacks, often in the form of ransomware, evolve beyond the fundamental levels of cybersecurity. A basic security assessment, including a dark web scan, is a free service from a managed IT service provider like EstesGroup, and can reveal any issues that could result in a breach. Before you buy cybersecurity insurance, assess your risks and know your current threats.

Your next step is to invest in a comprehensive cybersecurity insurance plan. Understanding that insurance coverage is an aftereffect activity, like cleaning up downed trees following a thunderstorm. Breach cleanup can be as simple as credit monitoring or as complex as lawsuits and shutdowns.

Some industries regulate the level of protection you need. If you’re unsure about your industry compliance regulations, talk to EstesGroup consultants. In most cases, cyber incidents can be prevented by following the strict government guidelines that govern your industry.

In the event of a security breach, a cybersecurity insurance plan can help you redeem your losses, protect your reputation, and recover damages.

Cybersecurity insurance should include coverage for the things that matter most to your business operations, from server to remote worker:

  • System or network takeovers
  • Financial losses
  • Data breaches
  • Sensitive information theft
  • Data theft
  • Ransomware extortion payments
  • Company losses
  • Customer information breaches
  • Personal information and identity theft
  • General liability
  • Business interruption

If you store sensitive data on-premise or on a local server, you’ll need more comprehensive coverage since in-house and local systems are easily breached. Consider storing your data in a private cloud or a hybrid cloud platform for enhanced security and lower cyber insurance requirements. A good data center will offer a 100% SLA (service level agreement) and carry the risk of the losses mentioned above for you, which means you don’t have to worry about a cyberattack. The cloud provider and data center are mitigating these risks for you.

A managed service provider scans the cybersecurity insurance policies and insurance companies for you.

Cybersecurity insurance plans are a common loss for companies because business owners often overspend, thinking more money invested means lower risk. Don’t get tricked by the nefarious ways of fly-by-night cybersecurity insurance agents. EstesGroup is here to help you navigate relationships with cybersecurity professionals. Some of the experts you need to plan your cybersecurity policies and protocols are in-house at EstesGroup. And when it comes to things like cybersecurity insurance, the Estes team can serve as your liaison so that you get the best rates, the best services, and the best future for your business.

Is your business safe?

If you have a level of cybersecurity insurance that falls in your comfort zone, and if you have security services in place that will indeed protect your data in an attempted breach, then you will operate as a trusted business in the digital world. If you’ve suffered losses to your business or to your reputation because of a security breach, please reach out to us. Sometimes even the best solutions fail, and our managed IT services team can help you recover from disaster and surface vulnerabilities as they develop in your business.

How much does insurance cost your business every year? 2022 cybersecurity insurance rates are skyrocketing as the digital landscape is becoming more dangerous for American businesses. Even small businesses can benefit from liability coverage. Let’s begin a conversation about how digital transformation can help secure your business. We even protect the insurance firms!

How ERP Deployment is an Environmental Decision

How ERP Deployment is an Environmental Decision

Have you wondered if your business is making sustainable decisions when it comes to choosing and managing the hardware and software systems that maintain your enterprise? Let’s look at enterprise resource planning (ERP) deployment options to see why hosting your application in an off-site data center is a green decision. Have you seen an environmentally-friendly on-site server lately?
In today’s world, businesses that ignore sustainability are making a mistake. This is especially true for manufacturers and distributors. At the end of the supply chain, consumers value eco-friendly products and services more than ever. The younger generations that grew up on technology and hyper-connectivity are getting older and taking on more leadership roles in corporate America, and 6 out of 10 millennials are willing to pay a premium for sustainable purchases.
Green Cloud ERP Deployment

Green ERP Deployment, Sustainable Environmental Impact

There are many ways to make your products greener. Popular options include reducing energy consumption or donating to an eco-friendly cause. What you might not realize is that your approach to how you deploy and manage the technology that supports your business can boost your reputation as a business while also saving you money.

How is your ERP deployment strategy hurting or helping the environment? A migration to a managed hosting solution in a premium data center will quickly help your business become more efficient. EstesGroup’s ECHO (EstesCloud Hosting) platform is a great example. Efficiency and sustainability go hand in hand. What’s good for your profit margin is also good for the planet. Keep reading to learn why choosing EstesGroup for ERP hosting is an environmental decision.

Modern Supply Chains and Your Carbon Footprint

Enterprise resource planning, also known as ERP, is a type of business software that demands complex technological infrastructure. ERP manages business processes such as supply chains, manufacturing, accounting, services, and more. Enterprise resource planning systems should be tailored to your business and implemented by trained professionals.

Modern supply chains are often wasteful due to poor logistics. The rush to produce and deliver products causes excess. Waste contributes to environmental destruction through carbon emissions and unnecessary resource use. An ERP system can improve the situation by being the right software solution for your business, to increase productivity and streamline business operations.
When deployed and managed using sustainable technology, implementing a tailored ERP system reduces waste. It creates a more accurate supply chain. If you choose cloud hosting, your business system is managed in an environmentally-friendly data center by experts in your software. Effective ERP systems are an example of how technology solutions can reduce your company’s carbon footprint. When you implement with a skilled team of ERP consultants, you will achieve optimal productivity and efficiency. This means you’re making sustainable business decisions. The long-term management of your ERP system should be good for your business and also good for the earth.

Energy efficiency: ERP software results in cost savings and enhanced customer satisfaction.

Green-grid, energy-star processes: An advanced ERP system is an essential component of successful “green” manufacturing and distribution.

Here are some more green benefits of applying an ERP system to manage your company’s processes:

  • Matches supply with demand to cut waste from the supply stream
  • Sends information through the supply chain in real-time, continually optimizing processes
  • Reduces product transport distances and lowers carbon emissions
  • Eliminates excess production
  • Gives suppliers an idea of what you are going to need
  • Minimizes the need for storage space

Achieve Lean and Green Manufacturing

In terms of the supply chain, the ultimate goal of an ERP system is lean manufacturing. Pioneered by Toyota, it’s a method to get rid of waste without slowing productivity. Lean manufacturing eliminates steps that fail to add value.

ERP software achieves lean manufacturing by using real-time data to boost efficiency. Your supply chain becomes more flexible and easily adapts to changes in the market. Efficiency means better service for your consumers. Expect on-time deliveries, positive feedback, and customer loyalty.

Eliminate Waste From Your Processes

Common causes of supply chain waste are overproduction and over-purchasing of materials. Human forecasting errors can also leave you with a surplus of unused components. Transporting goods over long distances increases your carbon footprint for no good reason. All of these issues can be eliminated with an ERP system.

But waste isn’t limited to manufacturing materials and fossil fuels. Employee time is valuable and should also be used wisely. In-house installation and hosting of your ERP software are expensive and time-consuming, and it can be stressful to monitor and maintain cybersecurity standards and compliance.
Drop the need for internal servers, updates, and repairs with managed application hosting in a private or hybrid cloud. You will save your team from the headaches of on-site data management. Best of all, it’s cost effective and a green choice.

Best ERP Deployment Strategy, Better for the Environment

Your process management software will benefit from dedicated ERP hosting. An off-site hosting option is ideal for manufacturers and distributors because you get backup, disaster recovery, business continuity, cybersecurity, compliance, and support built into your platform from the beginning.

On-site hosting comes with significant costs and challenges. With EstesCloud managed hosting, you never have to worry because the responsibility is on us. There are no security breaches or technical difficulties to deal with. Our team is here to protect and support you at all times.
In-house servers are energy-intensive. You are sure to end up consuming more electricity than necessary. Our managed services team offers consumption-based application hosting in a private or hybrid cloud that’s built to fit the specific needs of your business, as they are, when they change, and as they change.
Instead of requiring an entire system, you can share with others. In consumption-based models, the customer pays based on their individual resource use. This eco-friendly approach incentivizes resource conservation and leads to energy savings.

PEAK ERP Implementation Methodology

Are you wondering about the process of implementing an ERP system with support from EstesGroup? We use our PEAK ERP implementation methodology to make things as straightforward as possible for you.

First, you will work with our experienced ERP consultants to identify the perfect software solution for your business. EstesGroup is your implementation partner and service provider for Epicor Prophet 21, Epicor Kinetic ERP, SYSPRO, and Sage. All are state-of-the-art systems built to support businesses as they grow and change.
For an ERP implementation or upgrade, we begin with an in-depth process review to understand your business and its specific needs. We consider how your processes can be simplified using an Epicor ERP product. A demo is provided to help you assess what you’d like to do with your software. Next, we train your team before the system is implemented. This ensures a smooth transition. Finally, we build, put in place, and stabilize the system. If extra training is needed, we provide it. Our goal is to leave your team feeling confident and satisfied with their new tools. After the transition, we are always here when you need us. Our managed hosting services offer application support, security, and access from anywhere.

Choose Managed Hosting for Sustainable ERP Deployment

Setting up an advanced ERP system for your business is a smart, green choice. By reducing waste throughout your business processes, you will protect valuable resources. You can also reduce your company’s carbon emissions. Other benefits include cost savings, employee efficiency, and customer satisfaction. You will be able to pursue new business opportunities with confidence. Your buyers will appreciate your efforts to operate sustainably. They might be willing to pay more for your products.

Our implementation process makes the transition to your new ERP system seamless. Add personalized application hosting for continued support and guidance from our experts. Contact us today to begin greening your business with the best ERP software support for the manufacturing and distribution industries. We can also tell you more about managed hosting services and how cloud services can provide an environmental data management strategy that is not only green, building a better world, but also profitable, creating a better business world. Our experts know the cloud and know your application. This means that if you need Prophet 21 consulting, you have access to the best experts in the industry, with the added support of P21 cloud hosting consultants. The same goes for Epicor Kinetic, Syspro, and Sage ERP.

Please chat with us now to schedule a free ERP deployment consultation and learn more about cloud options for your business.

Go Hybrid Workforce, Go Hybrid Cloud

Go Hybrid Workforce, Go Hybrid Cloud

As part of a post-pandemic plan, businesses are solidifying and strengthening remote worker infrastructure and allowing employees to bounce between casual and corporate office settings. As a long-term commitment to flexible work environments and work-life balance, companies are increasing remote worker support by deploying private and hybrid cloud infrastructure to secure, protect, and optimize a hybrid workforce.

Hybrid Cloud Hybrid Workforce

Solutions Like Microsoft Teams for Remote Teams

Teams are divided like never before, and this has proven to be a good thing. By allowing a hybrid workforce, you empower workers to choose the best setting for the work at hand. Social distancing requirements necessitated home offices, but in a post-pandemic era, that same flexible cloud-based infrastructure can allow workers to tap into secure software solutions, like Microsoft Teams, and complete their work from home, or from a hotel or other remote setting. Microsoft Teams provides an innovative toolset, giving remote workers everything they need to communicate and organize workflows.

When employees are dispersed, employers have to be creative with the software solutions they choose for basic business communication and operation. A secure network infrastructure needs to be properly managed so that productivity levels stay high. Employees must understand the tools they’re given, and they also need to be trained so that they understand the risks of remote connectivity. A software like Microsoft 365 comes with basic cybersecurity by default, but these cloud-based solutions require trained users, good management, and often need supplemental software and services, like SECaaS (Security as a Service).

Benefits of the Hybrid Cloud for a Hybrid Workforce

The main objective of a hybrid system, whether it be a hybrid cloud or a hybrid workforce, is to create optimal work productivity, low turnover of talented staff, and high ROI (return on investment) of purchased software and services. When you’re combining on-premise technology with remote enablement tools, you’ll need to invest in a cloud management team that understands the risks of hybrid systems.

Digital Transformation Results in More Access, Better Resources

In a hybrid cloud environment, employers can create coast-to-coast and even international teams without increasing the risk of a security breach. With managed IT services in place, companies can use specialized external staff to maintain the cloud platform, using technology to stay relevant and competitive. 

Working with a Managed Service Provider (MSP) helps your business by giving you a complete suite of technology solutions and skills for every IT need that comes with hybrid systems. If your employees need to access your company data from a home office, then you can ensure that the web browser is protected by state-of-the-art cybersecurity solution.

What Cloud Does Your Hybrid Workforce Need?

If you’ve always done business in an on-premises infrastructure, then the shift to remote work might have put your sensitive data at risk early in the pandemic when companies weren’t aware of the risks of public cloud services and public cloud environments. Now that hybrid work is becoming a “benefit,” similar to a company discount program or company car, hybrid cloud solutions are replacing the basic web-browser access of the remote workforce of the past. 

An off-premises data center can create a cost-effect hybrid cloud architecture, giving you a robust backup and disaster recovery solution for all of your software, including those that work by default in a public cloud capacity. 

Can Public Clouds Turn Hybrid Workforces Into Hybrid Monsters?

If you Google “cloud,” you’ll see that a business cloud strategy means something different to everyone. When creating the cloud-based infrastructure for your remote employees, you should carefully design your cloud to give you the uptime, backup, and security you need to manage your business. Be leery of promises of the simplicity of public cloud offerings. Take on-premise technology and private cloud solutions into consideration before letting a third-party vendor limit you to the public cloud.

Please Fill Out the Form Below to Get a Free Hybrid Workforce Assessment

Let’s begin a conversation and see if your business would benefit from a robust private or hybrid cloud solution. EstesGroup helps businesses by bringing industry expertise along with the best consultants and technology the world has to offer.

Putting Your Software Testing Strategy to the Test

Putting Your Software Testing Strategy to the Test

Testing is the process that should use the most time in any software implementation. Why test? You selected this software and, of course, it should process transactions, shouldn’t it? Start testing, and some surprises will be exposed.

Software Testing ERP Implementation

Testing basics, testing methods

To begin, you’ll need a testing team and a test suite. Form small teams of people from each discipline. The team leader will be from your implementation team and the remaining people will be on loan from the various functional groups. Select those people with care. They will become your “super user” core of trained people who will help others in their groups use the new software.

Pick any single-step transaction. Accounting might try a simple debit – credit journal entry. Customer service might enter a new sales order. Document the transaction: what general ledger account will you debit and which one gets the credit and how much money? What customer will place the order, what product will they buy, what is their purchase order number, and how much money is the order for?

Go to the transaction screen in the software and enter the transaction. Then enter the results in a log. If the transaction works as expected, record a green result. If the transaction completely fails, record a red result and note why it failed or why you think it failed. Sometimes the result will be yellow as it completed successfully but you found some kind of unexpected caution that probably should be corrected.

Corrective actions

The failure of a test could be a problem in the data loading. Maybe the general ledger you wanted to debit was not in your system. Try to figure out why and ask the data conversion group to correct the situation. When they make the fix, process your test again and now you might get a green result.

An unsuccessful test result could come from a failure in your training. You thought you could enter that new sales order but you need to read the instructions again.

There are many configuration settings in any system and these will affect test results. That sales order test failed because the customer you chose was limited to only buying products in a certain line and you chose a product that customer was not authorized to buy. The data team might have made an incorrect assumption which can be corrected. Their assumption might have been correct based on some other condition you were unaware of. Often more than one setting can be adjusted to yield the results your business needs. Keep the conversation going until a satisfactory result is found.

Test again and again

You performed a test today and gave it a green result. Tomorrow the same test was not green. People from across your business are performing tests in their functional groups and you will find the change they requested to fix their test inadvertently affected your test. This is normal. Your business is complex and the relationships within are also complex. Work through these changes and find what works for your entire organization.

More complex testing

As the single transactions become successful, begin to expand the testing to a series of transactions. You can receive the purchase order, now can you also see the product adding to your inventory and then can you pay your supplier? Late-stage testing might go from receipt of a customer order through producing the order, shipping the order, and collecting the payment.

Automated testing

Manual testing might not be the more cost-effective use of your technology staff’s time. Fortunately, AI-driven types of testing are now available at low cost. Software that can robotically reproduce tests is available and affordable. After the fifteenth time a group runs the same test, boredom begins. The test robot never gets bored. You had nothing but green for those fifteen tests. But only after the 115th test was there a failure because someone made a change. The robot will keep testing all day and night until you turn it off.

Even setting up and monitoring automated testing tools can be time consuming. Begin to formulate the best testing strategy for your business by fully assessing any system software in use.

There are many types of software performance assessments available to your business. EstesGroup’s IT experts are available for everything from basic operating system testing to full audits of your system. Our software testers and project managers can provide continuous testing services and external support when you need it: functional testing, exploratory testing, integration testing, unit testing, system testing, and more. Schedule a software assessment today to begin a conversation about how testing, checking, and testing your software again can help your business.

Ready to test your software in the cloud?

Attend an EstesGroup “Cloud Stories” webinar to learn about customer software journeys.

Click here (or on the video below if the presentation doesn’t automatically play) to watch a webinar on cloud options for ERP software.

Staff Security Training Tips: What You Get Is What You Click

Staff Security Training Tips: What You Get Is What You Click

Security Training for Your Employees is Critical in Times of Pandemic and Political Unrest

Do you have a “get this spam away from me” approach to digital communication management? It can be tempting to be strict, to set privacy and filtering settings at the max and limit online interactions from strangers. However, our email boxes often lead us to opportunities and relationships that will ensure future business success. With this in mind, we’d like to help you understand how staff security training allows you to keep your business open to outside communication while preventing a data breach.

Staff Security Training Secure Network Secure Server Grid

Digital Stranger Danger

Clicking on links is often something we do without thinking, so it’s important to provide staff security training that truly tests an employee’s impulsive online behaviors. Business owners can incorporate fraudulent link prevention strategies into routine security assessments, testing, and training by hiring a cybersecurity firm to randomly test users. This provides real data about user behavior in both the traditional office and in remote office settings.

Fake Link Identification and Education

Training your staff to know how to see a hacking attempt is considered a proactive cybersecurity strategy. Some business owners out there are comfortable with risk and choose a reactive strategy to security breaches.

Proactive Security

  • Backup and disaster recovery planning
  • Staff security training
  • Network assessments and testing

Reactive Security

  • Paying a ransomware fee to recover business data
  • Issuing a cyber incident alert after a breach
  • Testing backups and live system data for malware after a breach

If your goal is to prevent a security breach, then you need a proactive strategy, and this should entail staff security training.

Malicious Link Monitoring

To some business owners, a “bad” link is anything clicked that threatens privacy. In a world of email communication and marketing (often invited through a subscribe button), it’s best to train staff to recognize fake links, rather than to broadly and strictly limit communication to the outside world. However, robust endpoint security options might be your best option if you own highly sensitive data. You wouldn’t want a potential customer to end up in a spam folder, but you don’t want to risk losing compliance certifications, either. If you give your employees the tools and training needed to recognize hacking attempts, then you can safely do business online without the worries of ransomware.

URL Verification

Our top recommendation is to train your employees to observe all web addresses, or URLs. Phishing attempts often use recognized brands to trick you. With security training, your staff learns how to quickly recognize imitation URLs. Once you recognize the common patterns of cybercriminals, you can easily recognize links posing as legitimate companies. A URL might include an underscore or other symbol that doesn’t appear in the original web address.

Website verification falls into a spectrum of risk — like anything else in the world of cybersecurity. You might decide to train staff to be more aware of common edits hackers make to URLs. You might go further and train users how to right click on the address to gather more information about the hyperlink. You might use tighter measures in order to meeting compliance regulations for handling sensitive data:

  • Anti-phishing software
  • Virtual isolation protocols
  • Outsourced managed IT security

Education is readily available for your staff. The Phish Scale, developed by the National Institute of Standards and Technology (NIST), is an excellent example of free training available on their website.

Even the most careful clickers can fall into a hacker’s trap. This frequently happens when the name of a legitimate company is used as a malicious hyperlink.

Email Monitoring

How full is your “Junk Email” box? Smart mailboxes usually send suspicious, or unknown, emails to a junk folder. Some programs go one step further and prevent a user from opening a “junk” or “spam” email unless it it first moved to an inbox. Email monitoring software often comes with a free trial period, so you can gauge how effective the solution is at preventing security risks through a spam filter for incoming emails.

How can you prevent your staff from opening junk email? Phishing scams result in more than 90% of security breaches in some geographical areas, with around 3 out of every 4 American businesses falling prey to an email-based cyberattack.

Because of the prevalence of phishing attacks, email monitoring needs to include a human. Software is a step in the right direction, but staff security training makes your cybersecurity solution more effective. 

  • Employees gain email monitoring skills that complement antivirus and malware monitoring solutions
  • Employees learn how to identify the authenticity of websites and URLs, email addresses and emails, phone numbers and text messages, as well as other contact information sources that could be altered to trigger malicious attacks
  • Employees develop intuition for recognition of a cyberattack and learn how to launch a proactive security alert to coworkers 
  • Employees learn how to train and test one another, creating a self-monitoring environment conducive to productivity

Email boxes are a common information security risk for unauthorized access to company information, as well as personal information. View your mail server as a data security risk, and see your junk email folder as a soft problem-solving step toward more robust protection like full server monitoring intrinsic to a private cloud hosted environment.

Cyber threats are getting smarter and can take advantage of an operating system that needs to be patched or of a user mindlessly clicking on a “junk e mail” posing as a junk email. Small edits can help phishing attacks get through even the best software, and can trick even the most suspicious and judicious humans. If you need more robust technical support than your internal IT team can offer, then partner with a managed service provider (MSP) like EstesGroup for expertise when you need it.

IT Support and Staff Security Training Services for Your Business

EstesGroup is a leader in the fusion of cutting-edge enterprise resource planning (ERP), business software solutions, and human talent. If you are concerned about the rise in successful phishing attacks and other malicious cyberthreats, then you should sign up for a free technology assessment today. You are a short phone call away from knowing if you need a more advanced security audit or even a penetration test. For more security tips, please register for one of our virtual events. Do you have an immediate cybersecurity concern? Talk to an IT support specialist now.