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Business Continuity

Unmasking the True Price of IT Downtime     

By September 10, 2024No Comments
Nicholas Salem

Nicholas Salem

As the CEO of BMIT, a leading managed IT services company, Nick Salem is responsible for providing strategic leadership and direction to the organization. With over 15 years of experience in the IT industry, Nick has a strong track record of driving business growth and improving operational efficiency through the use of technology.

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IT spending impact from tariffs and cybersecurity regulations

If you’ve been holding off on a hardware upgrade or wondering why your latest quote for servers or networking gear feels higher than usual, you’re not imagining things. Recent updates to U.S. tariff policies and federal cybersecurity regulations are beginning to hit small and mid-sized businesses (SMBs) where it counts: in the IT budget and risk profile. At Boston Managed IT, we stay ahead of these shifts so you don’t have to. Here’s a breakdown of what’s happening, who’s affected, and how your organization can adapt without compromising performance or security. 💸 Rising Costs from Tariffs on Tech Hardware The U.S. government has reaffirmed and expanded tariffs on imported tech goods from countries like China. This includes vital components—servers, laptops, networking gear, even the metals inside them. As a result, the cost of IT infrastructure is going up fast. What this means for your business: Delayed hardware upgrades due to higher costs Extended use of legacy equipment, increasing vulnerability How we help:We leverage our vendor…
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Data breaches are an unfortunate reality for businesses of all sizes. When a breach occurs, the immediate response is critical. How a company manages the aftermath can significantly impact its reputation. As well as financial stability and legal standing.The average cost of a data breach has reached 4.88 million USD.Effective damage control requires a well-planned approach. But there are common pitfalls that can exacerbate the situation. This article will guide you through the key steps of data breach damage control. As well as highlight the pitfalls you should steer clear of to reduce the impact.Pitfall #1: Delayed ResponseOne of the most critical mistakes a company can make after a data breach is delaying the response. The longer it takes to respond, the more damage can happen. A delayed response increases the risk of further data loss. It also erodes customer trust.Act QuicklyThe first step in damage control is to act quickly. As soon as you detect a breach, start your incident response plan. This should…
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