Friday, 11 August 2017

These Regulated Industries Enjoy the Perks of Network Monitoring

Industries which operate under requirements for strict compliance must implement a good network monitoring to help them control their entire IT infrastructure through identifying compliance problems which must be addressed within network operations.
So, what regulated industries benefit from expert network monitoring?

Insurance

Insurance companies often operate in one of the most stringent regulations, with client information protection, proper licensing of representative, and activities which surround their communication are the common compliance issues. With sensitive individual information being the core of an insurance business, monitoring the network is a must.

Retailers

It doesn’t matter if it is an online business, mobile operation, brick and mortar operation, or even a hybrid approach because retailers accept credit card payments, thus obtaining sensitive customer details at risk to cyber attacks. This results to retailers being obligated to address potential threats through proactive measures that will protect their customers’ personal information.

Healthcare

With healthcare organizations trying to create efficient and effective operations within a wireless environment, this can also expose data to penetration attempts within the network. Breaches within the security can lead to serious financial and legal penalties, as well as require any healthcare company to pay close attention to records of their patients.

Investment and Asset Management Firms

The investment and asset management firms are common targets for cybercriminals because their clients have crucial assets under management. The details that the attackers  can obtain might be used in various ways to grab the chance of gaining access to personal activities and information of wealthy people.

Law Firms

Law agencies maintain sensitive data about their clients, and are a usual target for those cybercriminals who are looking for information about the clients in both civil and criminal cases. Any data obtained could be used for various reasons to benefit others.

Financial Institutions

Every financial institution is required to secure their customers’ personal financial information as part of protecting their customers’ information. Different security measures can help in protecting against any possible threats to personal data, as well as theft of personal details.

Banking

It is important for banks to manage their business under regulatory and security problems. Cyber attacks have already cost many banks hundreds of millions for the past few years. Protection of vital information is a must to comply with industry regulations.

Utilities

Public utilities are now upgrading infrastructure to enhance operational efficiencies. Such new facilities are usually targeted by the hackers who would like to penetrate databases and disrupt delivery of utility services and acquire user information.

Education

Educational institutions focus on IT security as this is among their major concerns, particularly when it concerns privacy of their students, as well as financial compliance during the collection of tuition fees. Interaction with lending institutions and government agencies about student grants and loans opens another area which should be addressed about data protection, movement of information, and compliance reporting unique to the educational institutions.

Government

With the evolution of government operations wherein businesses are conducted online and records are kept electronically, there is an intensified possibility of attacks. Thus, it is a must to have an aggressive protection against cybercrimes through network monitoring.


For more information please see this Network Monitoring Cloud

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