According to a recent survey, more than 50 percent of financial institutions such as credit unions and banks are anticipating an increase in their budgets to combat fraud. While it is encouraging to see that the nation's banking infrastructure is taking the need to protect customer privacy more seriously, the survey's results do raise an important question: Where and how will the money be invested?
Anyone who has been in business knows the temptation to solve a problem simply by throwing money at it, but such individuals also know that very rarely does such a haphazard approach produce solid gains in terms of accomplishing goals. In order to use information security funds as effectively as possible, businesses as large as banks or as small as a modest retail outlet should think seriously about adopting a business computing approach known as outsourced IT.
With an outsourced IT model, companies are no longer responsible for their own security along with all the expenses and headaches that such responsibility brings. Instead, an IT company provides security services on a remote basis using technologies such as managed services and cloud computing. Security can vary according to the specific needs of each individual company's particular situation. For example, while any business with internet access almost certainly needs a robust firewall, not all businesses will need the kind of anti-fraud measures that large banks need to employ.
For more information about how outsourced IT can increase productivity even as it lowers the cost of using computers at your business, consult with an IT company with experience providing remote services.