In an industry that is increasingly saturated with security standards and regulations, it is important to know their scope, applicability, and how they relate to each other. Compliance, whether voluntary or mandatory, will depend on the type of company and/or its residence. Below is a general vision of the majority of security standards, regulations, and…
Business-to-business (B2B) companies are responsible for keeping their clients’ data safe and secure. Increasing cybersecurity threats like ransomware, malware, phishing, or man-in-the-middle attacks can lead to data loss or theft. B2B companies need robust internal processes and infrastructure to protect their customer data against cyberattacks, business risks, and human mistakes. Service Organization Controls 2 (SOC2),…
An emerging role in organizational leadership is the CISO or Chief Information Security Officer. In fact, the first CISO was appointed by Citibank in 1995. However, despite the growing threat of cybersecurity attacks, many organizations do not have a CISO. This is especially true for startups that find having a CISO expensive and prohibitive. Instead,…
At Flugel.it, we talk a lot about how the cloud can be used to optimize costs. It can offer unlimited scalability and lower your IT costs. That being said, many companies are wasting money in the cloud. Up to 70% of cloud costs are potentially wasted because of poor adoption or underutilized features. It’s critical…
The financial technology (fintech) ecosystem is growing at a rapid speed. As of 2021, the US and the EMEA region (Europe, the Middle East, and Africa) have 10,755 and 9,323 fintech startups, respectively. Financial institutions and banks are partnering with new fintech companies to improve their processes every day. But partnerships with well-established institutions also…
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