SmartCity Malta: 2 March 2023 – BMIT Technologies, a leading Hybrid infrastructure and Cloud managed services provider, is proud to announce that it has become an Amazon Web Services (AWS) Partner. This new partnership will allow BMIT to offer expertise and services on top of the AWS cloud offering  to its clients, while also expanding its multi-cloud infrastructure offerings.

As an AWS Partner, BMIT can now provide clients with another Tier-1 cloud provider option and expertise when moving to the Cloud. Customers will now have access to the full suite of AWS services, including Amazon Elastic Compute Cloud (EC2), Amazon Simple Storage Service (S3), and Amazon Relational Database Service (RDS), among others. With the power of AWS, clients can enjoy a fast, secure, and reliable cloud computing solutions.

In addition to offering AWS products and services, BMIT will also be expanding its multi-cloud infrastructure offerings. With expertise in AWS and Microsoft Azure, and other cloud technologies, BMIT can now help clients choose the best cloud solutions for their unique business needs. Whether it’s a single cloud provider or a hybrid/multi-cloud approach, BMIT can deliver and optimise a customised solution that maximises business operational resiliency and efficiency and optimise costs.

“Becoming an AWS Partner is an important milestone for our company,” said Christian Sammut, CEO of BMIT Technologies. “This partnership allows us to provide our clients with another advanced cloud technology in the market, while also expanding our multi-cloud offerings. We’re excited to help our clients achieve their business goals by leveraging the power of AWS and other cloud technologies as well as our years of expertise and experience in this field.”

With its new partnership with AWS, the company is now better positioned than ever to help clients accelerate and achieve their business goals by leveraging another advanced cloud technology in the market, a dedicated tech advisory service and excellent support and guidance.

Businesses face increasing challenges in keeping up with changing market demands as technology evolves at an unprecedented rate. To remain competitive and relevant, businesses must embrace innovation, adaptability, and scalability, all of which the hybrid IT model provides.

To provide a flexible and efficient computing environment, hybrid IT combines the strengths of on-premises infrastructure, public cloud services, and private cloud environments. It enables businesses to take the benefits of both cloud and on-premises resources while avoiding the disadvantages of each.

Here are some of the key benefits of hybrid IT

Increased Flexibility and Agility

Hybrid IT provides businesses with unparalleled flexibility and agility, allowing them to quickly adapt to changing market conditions. Businesses can use a hybrid IT model to dynamically allocate resources based on demand, ensuring that they have enough computing power to meet customer demands.

Improved Security and Compliance

Hybrid IT improves security and compliance by allowing businesses to deploy sensitive data and applications on-premises while leveraging the cloud's scalability and cost-effectiveness. This means that businesses can ensure the security of their critical data while also reaping the benefits of the cloud.

Better Cost Optimization

Hybrid IT enables businesses to reduce costs by using on-premises infrastructure for legacy applications and non-critical workloads and cloud services for more resource-intensive applications. Businesses can avoid the high costs of maintaining and upgrading their own infrastructure while still meeting their computing requirements.

Greater Control and Customization

Hybrid IT gives businesses more control over their computing environment and allows them to tailor it to their specific requirements. This means that businesses can tailor their computing resources to their specific needs, ensuring that they have the resources they need to meet their business objectives.

High-Availability

Hybrid IT enables organisations to ensure that their applications and IT systems are always available to users, even in the event of infrastructure failures, by leveraging the strengths of both public and private clouds. For example, an organisation can use the public cloud for backup and disaster recovery and the private cloud or on-premises infrastructure for mission-critical applications. Organisations can also use hybrid IT to distribute workloads across different infrastructures to ensure even higher availability to users.

At BMIT, we offer hybrid cloud solutions that can help businesses achieve their computing goals with ease. Our hybrid cloud services offer a wide range of benefits, including:

To summarise, hybrid IT provides several advantages for businesses seeking to remain competitive in today's fast-paced market. Businesses can achieve unparalleled flexibility, agility, and cost-effectiveness by combining the strengths of on-premises infrastructure and cloud services. BMIT provides hybrid cloud solutions to help you easily achieve your computing goals. To learn more, contact us today.

BMIT Technologies is a Microsoft Solutions Designated Partner in Infrastructure (Azure) and Modern Workplace. One of only two Maltese companies to have both designations.

SmartCity, Malta: 27 February 2023 – BMIT Technologies, a leading provider of infrastructure, Cloud, and managed services, is pleased to announce that it has achieved two important Microsoft Solutions Designations - Infrastructure (Azure) and Modern Workplace.

BMIT is one of only two Maltese companies that hold both designations, demonstrating our deep technical expertise and ability to provide innovative solutions that meet our clients' needs in today's fast-paced and rapidly changing business environment.

Achieving these designations is a testament to our team's dedication and hard work in delivering high-quality services to our clients and our long-standing commitment to providing our clients with expertise on the latest technology solutions and services.

For BMIT to attain these designations, the company had to validate its skills, capabilities, and experience driving customer success in specific Microsoft solution areas through technical certification, customer deployments and successful usage of services.

The Infrastructure (Azure) designation recognizes and continues to show our expertise in delivering Hybrid IT and Multi-Cloud solutions utilising Microsoft Azure services. Our team of certified professionals has extensive experience in designing, implementing, and managing Azure-based solutions that help our clients to optimise costs, improve operational efficiency and resiliency, and enhance security.

The Modern Workplace designation acknowledges our ability to provide cutting-edge workplace solutions that improve collaboration, productivity, and security. Our team has a deep understanding and experience of Microsoft 365, including Exchange, Teams, SharePoint, OneDrive, as well as identity and access management services that can help our clients optimise their workplace solutions to achieve their business objectives in a secure manner.

These designations allow us to identify BMIT as a Microsoft partner that has both the commitment to training and accreditation and has delivered solutions that lead to customer success.

“Our team is thrilled to have achieved these important designations from Microsoft,” said Nick Tonna, Chief Customer Officer at BMIT Technologies. “These designations validate our expertise in delivering innovative technology solutions that help our clients achieve their goals. We look forward to continuing to provide high-quality services and solutions to our clients, backed by our deep knowledge and experience in Microsoft technologies.”

For more information about our Infrastructure (Azure) and Modern Workplace solutions, visit our website.

Data storage and management are vital considerations in your business. Statistics show that by 2025, the total global data creation will be about 180 zettabytes. This figure increased significantly due to Covid-19 when the demand increased as more people worked and learned from home. Fortunately, cloud storage has become a life-saver regarding data storage and access in many businesses. At BMIT, we have solutions to challenges that come with high data volume. In this article, we shall look at four reasons you should consider these services in your company.

The Two Possible Solutions

Cloud Storage

Cloud storage is storing files and data, such as videos, photos, documents, and other media, on third-party digital or cloud servers.

Pros

Cons

Types of Cloud Storage Services

Data Center

You can create your centre to store data instead of relying on a cloud storage service provider. Nonetheless, this method can cost you substantial money and time.

Pros

Cons

Types of Data Centres

How Can BMIT Help Your Business?

Many business people don't understand where to begin when looking for virtual data storage service providers. BMIT leverages Microsoft Azure and VMware combined with top-notch expertise and professionalism to offer the best cloud file storage environment. You can then enjoy the best on-premise and cloud-based data storage from BMIT. Feel free to contact us today for the best cloud storage assistance.

The speed of regulatory change in the financial services sector is accelerating. These changes have had a huge impact on the financial services industry with several EU and local regulatory requirements for example from the MFSA coming into effect. In our discussions with our varied customer base compliance with regulations is becoming an ever-increasing area of concern. The MFSA for example have this year published that they will focus on more enforcement as a priority. There are also new regulations on the horizon in the form of the Digital Operational Resilience Act (DORA) which will enforce sweeping changes to the way that financial institutions in Malta will need to approach the way they look at cyber security.

Recent regulatory developments relating to technology risk impose various requirements for IT and cybersecurity risk management. These requirements raised relate to various areas of IT including:

As the use of IT in the financial industry accelerates alongside the increased regulation of IT use, it becomes increasingly difficult to apply outdated compliance methods to these systems. A great example of this is the adoption of cloud environments like Microsoft 365, Azure and AWS. How do you keep your data safe in the cloud? How do you stop data loss? How do you control the use of Shadow IT? These are all questions that the regulatory frameworks set out by the MFSA and other bodies aim to secure. Remember, whilst complying with regulations is a benefit in itself the effect of data loss can have a huge impact on your organisations reputation and reputation loss can be incredibly difficult to recover from.

What are the challenges with complex regulations, standards and guidelines? Looking at compliance requirements individually can make it difficult to implement solutions to cover all your regulatory requirements and quite often will result in conflicts of interest between relevant stakeholders. This can result in increased cost and complexity across the organisation. Compliance requirements need to be looked at holistically. Implementing too much change too aggressively will disrupt business activities.

We actively work with our customers to provide a timeline focused on Business Analysis leading on to the gradual adoption of your organisations IT compliance requirements. A plan for adoption also shows governing bodies that you are taking your cybersecurity and risk management seriously. IT security is an ever-evolving sphere of threats and new technologies. It is important to remember that your organisations security stance needs to reflect this; driving continuous improvement and yearly reviews is critical to keep on top of this ever-evolving landscape.

How can BMIT help?

Every client we work with requires different solutions. So, we tackle each need with our expertise in technology, business strategy and innovation.

We propose and develop intelligent, secure infrastructure solutions, help build your internal capabilities and identify opportunities to enhance your business potential through the application of innovative technologies. This ensures a greater level of business management and progression.

Want to learn more about the finance landscape regulatory tech requirements in Malta? Contact us and one of our experts will reach out and guide you accordingly.

For yet another year, BMIT Technologies has been a proud partner and sponsor of the Otters ASC’s Swimming and Waterpolo School. Every year, the school introduces and trains children in the swimming and Waterpolo disciplines and is the only one of its kind in Gozo.

The 2022 programme was attended by over 150 students, ranging from 4 to 15 years. Head Coach John Borg, and a team of 18 coaches and assistant coaches, covered the basics of both swimming and Waterpolo to newcomers, with other students tackling a more advanced curriculum.

At the end of the programme the children were presented with a certificate highlighting their achievements and progress in swimming and waterpolo.  The children were also treated to an end of season fun activity which included storytelling, STEM (science, technology, engineering, mathematics) activities and fun games.

Over the years, a good number of students of the BMIT Swimming & Waterpolo School progressed to become Waterpolo players, and this season it was no exception. In fact, both the Otters Under 13 and Under 15 teams, mainly consisting of school graduates, registered very good results, with the Under 15 team led by Malta Under 16 international Luigi Dimech and by up-and-coming goalkeeper Mattia Grech winning all their games in Section B. They were presented with the trophy by ASA Vice President Karl Galea after the home game against Exiles. 

The SMB market in Europe and more specifically in Malta has always been the dominating market with very large numbers of businesses. Governments continue to support this market through various incentives, specifically to digitise and adopt cloud strategies.  We saw such incentives pushed during the COVID-19 pandemic for SMBs to enable hybrid/remote work and increase contactless business. These incentives help businesses enhance their operations, grow and even enter the market more easily. BUT! there is darkness glooming on this market… The DARK SIDE of technology has spread, evolved, and widened its threat landscape. The number of attacks on SMBs doubled in a 12-month period.

So, what makes SMBs a target?

The cost of DIY security is HIGH, high enough to eat a big chunk out of any SMBs budget. While vendors are creating more affordable security products and services targeting SMBs there is still the element of skilled resources to govern such security products. Security cost has a cascading effect and is one of the biggest factors why SMBs score very low on their security posture and why they lack the general security awareness.

The risk attitude for faster growth. SMBs have one objective in mind, to grow, grow fast! It is due to the size of the market, to stand out from its competition. And more often than not they are blinded by this goal that shrug security completely. Therefore, SMBs are more likely to risk a security incident to save costs or invest in other parts of the business.

Low security awareness. Not all businesses are IT focused and while the demand for general security awareness is a must in today’s digital age, we continue to see statistics grow in the wrong direction. Microsoft security signal registered 50 million password attacks daily. Microsoft digital defence report indicated that most of the users on their cloud services are using weak authentication methods as only 20% of Microsoft users and 30% of global admins are using strong authentications such as MFA. US giant Verizon reported that 93% of breaches come through compromised credentials for small medium businesses.

No or low IT-security staff. But what can lead to such low security awareness? Unlike bigger enterprises, SMBs do not have the luxury to build security teams to guide and govern the security for the enterprise as already established security costs are high. Some may not even have an IT skilled person but a designate with IT knowledge.

SMBs target larger enterprises as customers and partners for growth. And vice-versa, larger enterprises target SMB providers for a more cost effective and focused services. This allows attackers to target SMBs to try gain access to larger enterprise. Hence why we have been seeing an upward trend of larger enterprises enforcing tougher due diligence or cybersecurity assessments on their suppliers. Market regulators could be another reason why larger enterprises are enforcing tougher security requirements from their suppliers.

With such enforcement we are now seeing the real picture that SMBs barely have any cybersecurity foundation nor recovery plans in the eventuality of a security breach. A security breach is NOT a matter of IF, it’s a matter of WHEN. And surveys show that 55% of SMBs are willing to pay the ransom, this can only mean that they do not have adequate security to prevent or recover from a breach.

An 82% increase in ransomware attacks registered in 2021, nearly doubled the quantity since 2020. Most ransomware attacks are purely for non-other than financial motive. In a local survey across multiple industries conducted by BMIT with IDC we have observed that 59% of the SMBs have suffered at least 1 ransomware attack.

The ransomware debate whether to pay or not to pay the ransom? is forever hanging on the head of the victims. A lot of businesses put themselves in the situation by not having adequate security or recovery plans.

Ransomware attacks/groups, encrypt or double encrypt the business data. Research has shown that on average businesses that paid the ransomware only got back 65% of their data. This due to a widely known fact that decryptors are buggy and regularly fail to decrypt the largest, most critical data files.

Why SMBs should seek MSSPs for their Cybersecurity journey

Cost-effective

Certified security engineers are very hard to come by and thus why a single resource can put a big dent in your security budget or budget in general. MSSPs are equipped with skilled certified resources that can service and focus on multiple organisations. The cost of MSSP support is a fraction of the pay requested by a single resource. MSSP will also eliminate the hassle of searching, skilling and maintaining that resource. MSSPs can also provide advisory services and cost-management to tailor a cost-effective security solution to ensure you are not overpaying.

Dedicated & Efficient

Businesses should focus and dedicate their time on their product and services. Most businesses try to rely on existing resources such as an office IT administrator to be an expert in security. The security expertise requires dedication hence why MSSPs can be more efficient to deliver a strategic security roadmap tailored to your business needs.  

Monitoring

To monitor your infrastructure and security round the clock “24/7” comes at a hefty price as you are required to build an operations centre or outsource it. Monitoring and Alerting is essential in security to react, prevent and recover from security incidents in a timely manner. MSSPs offer 24x7 Monitoring and support with proactive alerting and services to avoid security incidents before they happen. An MSSP can even act on your behalf to stop or recover from a breach.

Technology

Many times, businesses attempt DIY security utilising in-house hardware and resources to avoid MSSP services and costs. This is until the business realises the resources and expertise required to procure, implement, and support the relevant technologies and how vast security is within various technologies. Security goes beyond endpoint it is required on all enterprise network and infrastructure. Hardware or perpetual software has a lifetime of roughly 4 to 5 years before it becomes inefficient and most likely unsupported, therefore, deemed a security risk. MSSPs evolve with technology and always keep their infrastructure, software, resources relevant to the current market needs.

Compliance

Most markets are regulated or quasi-regulated, as well as GDPR which cuts across all European businesses. Compliance needs are ever changing and requires that your business is compliant to evade fines or lawsuits. Even if not regulated you will come across a partner or customers that requires you to have specific standards. Most MSSPs comply with the majority of the required standards or compliance needs. Or can guide your business to implement the necessary processes, security policies and solutions. Taking on an MSSP can simply mean ticking a box when it comes to compliance.

Take-away

SMBs are the most targeted businesses and there is no silver bullet when it comes to security incidents, a business will experience a breach, it’s only a matter of when, how prepared and how efficient it is to recover from the event. Cybersecurity has become a necessity in today’s business and an MSSP such as BMIT Technologies is more than an IT partner, it is also a technology advisor that can provide a strategic roadmap to enhance your business security posture. In conclusion, BMIT is a cost-effective choice for any small, medium business (SMB) to start their security journey. Reach out to start your journey.

Most Common Threats

Various reports indicate that social engineering is growing as almost 70% of data breaches are through phishing attacks while malware-related attacks are decreasing as one of the global leading vendors in endpoint security detected 62% of attacks in Q4 2021 being malware-free attacks.

How can BMIT Technologies help?

Every client we work with requires different solutions. So, we tackle each need with our expertise in technology, business strategy and innovation.

We propose and develop intelligent, secure infrastructure solutions, help build your internal capabilities and identify opportunities to enhance your business potential through the application of innovative technologies. This ensures a greater level of business management and progression.

Want to learn more about Why MSSPs are fuelling SMBs to reach their destination? Contact us and one of our experts will reach out and guide you accordingly.

As the threat landscape continues to expand, cyberattack numbers reach new heights and attack trends continue to change, as the good vs evil battle rages on. Cybersecurity should be top priority for businesses of all sizes as we depend on data information in this technology era to drive and grow. In this article we shall focus on the SMB market, the dominant market. Starting with a reality check! Most SMBs are still reactive when it comes to securing their business from cyberattacks and would rather risk their data, their business, than invest or budget for security.

Defend your business
Defend your business

Various reports indicate that social engineering is growing as almost 70% of data breaches are through phishing attacks while malware-related attacks are decreasing as one of the global leading vendors in endpoint security detected 62% of attacks in Q4 2021 being malware-free attacks.

Microsoft digital defence report indicated that they registered through Microsoft security signal 50 million password attacks daily. However, the most shocking statistic is that only yet only 20% of Microsoft users and 30% of global admins are using strong authentications such as MFA. US giant Verizon reported that 93% of breaches come through compromised credentials for small medium business

An 82% increase in ransomware attacks registered in 2021, nearly doubled the quantity since 2020. Most ransomware attacks are purely for non-other but financial motive. In a local survey across multiple industries conducted by BMIT with IDC we have observed that 59% of the SMBs have suffered at least 1 ransomware attack.

The ransomware debate - whether to pay or not to pay the ransom? is forever hanging on the head of the victims. A lot of businesses put themselves in the situation by not having adequate security or recovery plans to avoid paying a ransom to unlock their own data.

Ransomware attacks/groups, encrypt or double encrypt the business data. Research has shown that on average businesses that paid the ransomware only got back 65% of their data. This due to a widely known fact that decryptors are buggy and regularly fail to decrypt the largest, most critical data files.

Defender for Business a secure solution for SMBs

Microsoft has recently announced and introduced Defender for Business their latest addition to their endpoint protection security products. The product itself is aimed to help and protect SMBs for up to 300 employees. The new product plan is cost effective similarly priced to the Defender for Endpoint P1 with more features for businesses to reap from. BUT the biggest gainers are those businesses who purchased and use Microsoft 365 for Business Premium as Defender for business was included in this offering following the recent price increase.

Benefits of Defender for Business:

  1. Simplified Client Configuration.
  2. Threat and vulnerability management
  3. Attack surface reduction
  4. Next-generation protection
  5. Endpoint detection and response
  6. Auto-investigation and remediation

Make the switch from Standard to Premium

If you are using Microsoft 365 Business Standard then you might want to continue reading and most importantly understand how the additional license cost can provide a secure foundation for your business and how to benefit from such features.

First let’s understand what your users will get with Business Standard. The Standard plan will get the attach user the productivity tool set in both the application and web versions, which includes exchange online services with malware detection. And that is as far as security goes with this plan which does not really protect the user or the business data. Obviously, there are add-ons which you can purchase but you’ll double the price if not more to come close to what the Business Premium plan offers.

Benefits with Business Premium:

  1. Defender for Office365 P1 helps protect you against threats such as Phishing and spoofing with advanced threat protection capabilities. These capabilities include Safe Attachments which provides an additional layer of protection for email attachments, this uses a virtual environment to check attachments in email messages before they're delivered to recipients. And Safe Links which provides URL scanning and rewriting of inbound email messages in mail flow, and time-of-click verification of URLs and links in email messages and other locations.
  2. Defender for Business Enterprise-grade security. Defender for Business brings powerful endpoint security capabilities from our industry-leading Microsoft Defender for Endpoint solution and optimizes those capabilities for IT administrators to support small and medium-sized businesses.
  3. Microsoft Endpoint Manager is a cloud-based service that focuses on mobile device management (MDM) and mobile application management (MAM). You control how your organization’s devices are used, including mobile phones, tablets, and laptops.
  4. Information Protection The information protection capabilities of Microsoft 365 Business Premium helps safeguard confidential data against breaches or accidental loss by encrypting email and protecting against unauthorized access.
  5. Azure Active Directory P1 enables Single-Sign-On (SSO) for Windows 10/11 and Conditional Access policies to help ensure only authorized people have access to company data. It also allows hybrid identity users access to Self-Service Password Reset with password protection to eliminate the use of bad and weak passwords.

How can BMIT help SMBs

Microsoft 365 Business Premium is one of those well packaged plans for any SMB, rich with productivity and security features but they are only advantageous to the business if they are exposed and properly configured. A service provider such as BMIT Technologies can truly identify and implement solutions that best fit your business to improve your IT posture. Reach out to us so we can help support and grow your business effectively and securely.

There’s been a significant increase in the number of businesses transitioning to a cloud infrastructure. More and more organizations are switching to cloud as operations go remote. Cloud computing provides a myriad to excellent advantages for different types of businesses regardless of size or scope of work.

However, “going cloud” does require assessing the different types of models that you can integrate to, and it includes finding a solution that is best in line with your business. Although there are two primary types of cloud computing infrastructures (public and private cloud), there’s also been a buzz about a third type – hybrid cloud. And many organizations have started to explore this new cloud environment.

In light of this, we’re going talk about all three types of cloud environments, their advantages and uses cases – so here goes.

A Glance at the Public Cloud Environment

The public cloud infrastructure is basically a computing model where online and IT services are conveyed through the internet. It’s the most common type of cloud system and provides a host of different options when it comes to online data solutions and technical resources that are required to fulfill the continually expanding needs of businesses of all verticals and sizes.

The two most prominent features of a public cloud environment are:

Use Cases

The Benefits

A Glance at the Private Cloud Environment

A private cloud infrastructure involves the use of a “dedicated” environment for a single business. You won’t be sharing all the features and resources of the private cloud with any other business. Private cloud data centers are either secured on-site or are managed by a third-party company, providing a secure and “private” network. One of the best things about the private cloud environment is that you can have the vendor customize different features and security protocols in line with your business’ requirement.

Use cases

The Benefits

A Glance at the Hybrid Cloud Environment

The hybrid cloud infrastructure is a blend of features from both public and private cloud systems. Using both environments interchangeably are usually designed as a highly integrated cloud ecosystem. For example, hybrid cloud provides businesses to designate different types of data and apps processes, allowing them to split the workload to be deployed by both public and private cloud environments.

Use Cases

The Benefits

How can BMIT Technologies help?

In all, selecting the right cloud environment primarily hinges on factors such as IT infrastructure limitations and your business requirements. However, it’s safe to say that choosing one environment is strictly preference-based because most companies use a blend of public, private, and hybrid cloud ecosystems to harness maximum value for money. 

Every client we work with requires different solutions. So, we tackle each need with our expertise in technology, business strategy and innovation.

We propose and develop intelligent, secure infrastructure solutions, help build your internal capabilities and identify opportunities to enhance your business potential through the application of innovative technologies. This ensures a greater level of business management and progression.

Want to learn more about public, private and hybrid cloud? Contact us and one of our experts will reach out and guide you accordingly.

There’s no doubt your business needs to tackle an onslaught of growing compliance requirements – and it’s likely it’s going to continue throughout the life of your organization. Moreover, we can’t ignore the growing sophistication and frequency of cyberattacks and threats to evolving IT infrastructures across the board.

Plus, the Covid-19 pandemic has compelled organizations to permanently switch to remote work. In all, it’s important to realize that in today’s digital and corporate stratosphere, data and infrastructure security, and compliance are two peas of the same pod.

In light of this, we’re going to talk about how it’s unwise to manage your company’s IT framework by yourself and how relying on reputed third-party players can help lower costs, ensure data safety, and much more.

The Shift Towards Managed IT Systems and How It Can Help Grow Your Business

1.      Complexity in IT Systems and Threats

Nothing is more frustrating for a business then to consistently manage its data security and constantly adhere to changing regulations. This is especially true for start-ups, small, and medium organizations. In addition, a lot of industries are failing to find capable and skilled professionals who have experience and knowledge when it comes to compliance and security.

So, what do you do? Well, from a tactical standpoint, the best move you can make is to outsource your compliance to a capable and reputed IT management company. You’d be surprised to know that most financial companies do this to guarantee their processes will always be in line with the stated requirements.

However, another big reason why companies are choosing to outsource their IT compliance is because they can’t find the right type of people to build an in-house team. Outsourcing your IT landscape to a third-party organization is going to help achieve a peace of mind – it’s a simple method of ensuring you’re constantly safeguarded against cyberattacks.

2.      Data Security and Governance

Protecting and monitoring your data security isn’t exactly easy. There are so many facets and risks involved – for example, changing government regulations and compliance, growing competition, changing market trends, increased technological and digital innovation, etc.

Moving towards an IT management service is going to help mitigate most of these risks. How? Well, IT management organizations are staffed with a roster of experienced professionals with qualifications in different industry niches. They can also help your business keep cybersecurity threats at bay by providing strategic risk analysis and proactive digital security methods. Overall, this helps considerably decrease your downtime and operational costs.

3.      Reducing Costs

Hiring and maintaining an in-house IT monitoring and security team can be a costly endeavour, especially for a small business. Not to mention, most young to decently established organizations struggle with obtaining enough capital to invest in cutting-edge software and hardware resources.

 However, outsourcing this struggle to a professional IT management company can help save you a lot of money by designating the best IT minds to your company’s data security. They’re equipped with best technological resources and operate across multiple customers, reducing the overall cost of their services.

In all, you’re only liable to pay for the services you need to use, whenever you need to use them. This is far more cost-effective then spending thousands searching for reliable candidates and building an in-house IT team.

4.      It’s Not Smart to Rely on a Jack-of-All-Trades

There are a lot of costs involved in recruiting and training an in-house IT team, if you’re lucky enough to find great resources. Even if you do find the right individual, it’s going to be counterproductive to depend on them to maintain and secure your IT infrastructure on a day-to-day basis.

 As a business, you need to stay on top of your cybersecurity and data protection strategies and counting one individual who isn’t a specialist can throw a wrench in future-proofing your systems. Not to mention, you’ll be spending a lot on retaining that employee.

5.      It's Not Realistic to Monitor Your IT 24/7

We live in a highly sophisticated, competitive, and innovative digital ecosystem with regularly changing trends. Today, all businesses depend on a comprehensive and fool proof IT infrastructure to maintain and protect critical data.

It’s entirely different from the 90’s where only a handful of businesses used IT strategies to propel into the future. With that being said, it’s safe to say that you can’t realistically monitor your entire IT framework on a continual basis.

There’s too much room for error. Plus, imagine the amount of money you’ll be wasting covering discrepancies and frequent human errors. With a third-party IT management company, you’ll be able to focus on other critical aspects of your business while not worrying about your data and compliance.

How can BMIT Technologies help?

Every client we work with requires different solutions. So, we tackle each need with our expertise in technology, business strategy and innovation.

We propose and develop intelligent, secure infrastructure solutions, help build your internal capabilities and identify opportunities to enhance your business potential through the application of innovative technologies. This ensures a greater level of business management and progression.

Want to learn more about how we can help you manage your IT infrastructure? Contact us and one of our experts will reach out and guide you accordingly