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Newsletter Archives - Storm IT Financial

GDPR is here today. Here are four simple steps to help you prepare There’s a lot of hype around the General Data Protection Regulation, GDPR, but if you haven’t started getting ready for it, are still confused or unsure, this is where you should begin, but begin you should definitely do. The change in data protection […]

Cybercrime costs financial services sector more than any other industry, with breach rate tripling over past 5 years Cyber attacks cost financial services firms more to address and contain than in any other industry, and the rate of breaches in the industry has tripled over the past five years. The costs that firms incur when […]

Moving to the cloud will make asset management more secure The best way to ensure the security of the data your organisation holds is to keep all IT systems in house and on site, right? Well, no. This actually isn’t the case. The number of high-profile data security breaches we have seen in recent years […]

Understanding today’s outsourcing market During a client visit, I was asked if traditional outsourcing had lost it strategic relevance. The question was based on the business world’s current enthusiasm over digital transformation and the shifting focus of the C-Suite in today’s digital economy. Sourcing is far from dead. According to industry reports, the market generates more […]

Cloud, backup and storage devices: How best to protect your data We are producing more data than ever before, with more than 2.5 quintillion bytes produced every day, according to computer giant IBM. We have never been so connected through smart phones & devices, smart watches, laptops and all sorts of wearable technologies inundating today’s marketplace. We […]

How software is changing the way we do business Nowadays, there is software for everything. You can use software in your business to manage everything from your payroll, trading, regulation (RegTech), account & risk management, cyber security and telephone recording. As technology continues to evolve, specialty software suites are being introduced that can streamline and […]

Financial services and the great cloud conundrum For all financial institutions, Cloud adoption has changed the business landscape, causing a seismic shift in how organisations operate. Depending on your source, UK cloud adoption rates are currently anywhere between 78% and 84%, and whilst cloud is no longer a new phenomenon, its importance to not only the […]

The Only Constant is Regulatory Change For all financial institutions, the myriad of regulations that they must adhere to is staggering. The difficulty is these regulatory requirements are moving targets, rarely static or black and white. Current regulations are updated and guidance on existing ones can evolve and new ones are enacted. In the past […]

GDPR – Getting Data Protection Right for Asset Managers Data is now the most valuable commodity in the modern economy, making it a target for those who wish to exploit it by any means necessary. Regulators are scrambling to keep up and ensure personal data is not compromised. On May 25th, the EU will implement unprecedented […]

Mobility and WiFi networks are the new front line for cyber security The insecurity of mobile devices and the vulnerabilities of public WiFi networks remain at an all-time high, so these days, it’s not uncommon to hear cyber security experts talk about the eroding perimeter. With the advent of mobile and cloud, what was (or […]