Lessons Learned from WannaCry / WannaCrypt0r A brief history… CIT has intentionally remained silent on the events of 12 May as we felt there was already enough media hype surrounding the WannaCry attack. This blog is not intended to add to that noise. Rather, its intention is to provide useful lessons learned from…
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As the traditionally paper-and-person investment industry collides head-on with the next-generation Fintech industry, the result is unpresented dynamism within the financial services industry. Balancing post-depression era risk mitigation techniques with high-speed, hyper-connected, and highly automated investment management systems creates unique imbalance. We at CIT see a future in which firms and their information are truly…
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The FinTech and financial services industry is an exciting and intellectually challenging sector more so today than ever before. Firms ranging from startup to those with global presence occupy the space and are developing innovative solutions at a seemingly breakneck pace. As traditional financial business models that have not evolved much from the 1930’s collide…
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Data Breach: Impact on Small Business Based on over 1,500 interviews with actual data breach victims, the 2016 Ponemon Data Breach study provides a grim portrait of the impact that a data breach can have on a business. CIT has taken the Ponemon data and interpolated it with Trustwave’s data breach report to focus…
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Server Monitoring: A Higher Standard When every tech company offers server monitoring, how can you know which service is best? There is something in a name – at least when it comes to our services. Technology Assurance Services. Assurance is literally our middle name! To reach that high bar we must be absolutely certain about…
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2017 Cyber Liability Insurance Considerations The average cyber breach cost in 2016 was $665,000 (@NetDiligence). I repeat, $665,000. For most businesses, that’s game over. Cyber liability insurance is an effective tool at insuring against a growing business threat. While not an end-all solution, it rounds out a risk management program nicely and at a relatively…
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Vulnerabilities in IoT As the phrase “Internet of Things” or IoT enters our cultural vernacular, many wonder what this new term means. The Internet of Things Simply put, IoT is the term given to connecting non-traditional devices to a computer network – most notably the Internet. Businesses have been connecting “things” to the network for…
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Lawrence Cruciana on of Charlotte’s Forty Under 40 Lawrence Cruciana, President & Chief Systems Engineer of CIT is one of Charlotte Business Journal’s Forty Under 40 Class of 2017. “Here we identify 40 people under the age of 40 who are playing important roles in building their businesses and the Charlotte region. These are high-impact players –…
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Are you vulnerable and exposed to the next-generation of cyber threats? RSA2017 concluded with a whisper. Following a closing keynote by funnyman Seth Meyers, over 40,000 of the nations Cyber watchmen and women returned to their day jobs. They retuned but not like they departed. They were changed. Exposed to some of the most…
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RSA 2017: Day 3 The Machines are Learning On average, a small business of 100 employees with a typical number of servers and network devices can generate 10GB of raw log data every day. That is the network devices, servers, and workstations create this data themselves – logging what is happening in the network environment.…
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RSA 2017 – Day Two Next Generation Threats for Businesses RSA was kicked off on Tuesday Feb 14th 2017 by a rousing monologue by renowned actor John Lithgow. Mr. Lithgow painted a bleak world, a hacked planet, in which Cyber Security had failed. His illustration of such a dire and bleak world was then contrasted…
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