Author Archives: Megan Carnes

Due to the pandemic, many traditional brick-and-mortar businesses have been forced to digitalize despite not being prepared for it. This has led to many security risks.

Even businesses that have a history of operating online have been affected because their employees who started working remotely have fewer security measures on their home devices.

Another priority should be understanding to whom the CISO reports: the CEO, the CFO, the CTO, or even the legal department. “[This] tells you a little bit about what they expect you to do,” says Chip Gibbons, CISO at Thrive.

Manufacturing businesses are more exposed to cyberattacks compared to other industries, according to a recent study. The results showed that in 2020, 40 percent of manufacturers experienced a cyberattack. Out of those numbers, 38 percent of them suffered over $1 million in damages.

Small and medium-sized manufacturers (SMMs) are prime targets for cybercriminals. An SMM has more digital assets to target than individual consumers, but often less security than larger companies.

In addition, manufacturers rely heavily on technology and data which drive the increased need for productivity, efficiency and Cybersecurity.

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Financial organizations, such as banks, investment firms, private equity firms, wealth management firms, hedge funds and more are facing disruptions from multiple fronts, including technology and innovation.

New and innovative technologies have taken the finance world by storm, aiming to improve financial services, secure data from multiple endpoints and enhance customer experiences – but is the financial industry ready to embrace it?

Financial services companies have a lot of catching up to do when it comes to technology.

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CHALLENGE

A financial investment firm had significant issues with its managed services
provider, including experiencing quality/response issues, delays in resolving
support tickets and SLAs not being met consistently. Two major projects involving
Data Loss Prevention (DLP) and Azure migration were also not completed by the
MSP causing complications with business operations. The firm was seeking another
MSP that could overcome these challenges along with IT success in the financial industry.

SOLUTION

The financial investment firm selected Thrive for its financial industry and compliance expertise including advanced knowledge around the Cloud and Virtual Desktop Infrastructure (VDI) to transform how its organization leverages technology. Thrive presented a time-sensitive outsourcing solution to handle all of its IT needs to keep operations moving without interruption. The Thrive team quickly deployed a full suite of IT management and Cybersecurity solutions, including End User Support and Security, Managed ThriveCloud Servers, Data Backup, Data Recovery, Managed ThriveCloud VDI, Managed Microsoft 365, Managed Network and Technical Advisory Services.

RESULT

As a result of Thrive’s robust suite of managed services and 24×7 technical support, the financial firm experienced significant improvements in its IT operations including Cloud, Cybersecurity, Collaboration and Managed Network Services. Thrive’s extensive financial industry experience also gave the firm peace of mind for mitigating risk and meeting regulatory requirements.

How can Thrive help your business?

Thrive is a leading provider of outsourced IT Infrastructure designed to drive business outcomes by helping you get the most out of your IT.

To learn more about our services, CONTACT US

John Holland, Chief Revenue Officer at Thrive speaks with Don Witt of The Channel Daily News, a TR publication about their recent acquisition of the Edge Technology Group and their focus on the financial community. It has highly specialized needs that Thrive has been involved with for many years and has developed specific technology enabling them to deliver the best and most secure services possible to Wall Street profiled organizations.

Listen in to John discuss their operation and their corporate dedication to providing the best service possible.

Thrive takes pride in being a channel-friendly company and we are deeply invested in supporting the agent community. That’s why we created ‘Thrive Advisor’ – Thrive’s Partner Portal that is designed to give channel partners one place to manage partner onboarding, enablement, marketing collaboration, and more.

What is Thrive Advisor?

Thrive Advisor is the central location for all high-priority resources and is designed to maximize efficiency by allowing partners to access Thrive information on-demand. In Advisor, agents will discover customized solutions, receive in depth customer and project insight, team introductions, training tools (products, sales and technical), and view all open opportunities as a way to confirm and track registered deals.  Advisor will also include promotion/discounts, marketing resources, and more to accelerate profitability, support end-users, and grow your business with us.

Thrive Advisor Features

Thrive Advisor is filled with dynamic tools and resources to build relationships and drive agent sales.

• Real-Time Communication: From project and order status updates to access to assigned account teams, Thrive offers direct lines of communication with our team.
• Account Assignments: Get a full introduction to all Thrive contacts assigned to your accounts and their respective roles and responsibilities.
• Open Opportunity Tracking: Access to all your registered opportunities and current status.
• Sales and Marketing Resources: Access and download Thrive’s robust portfolio of agent marketing collateral created for business and technology leaders, including channel battlecards, proposals, data sheets, presentations, case studies, white papers, and more.
• Customizable Partner Email Campaigns: Take advantage of flexible, customizable demand generation campaigns. Utilize our marketing resources for co-branded collateral and email campaigns that can be used with existing customers or when prospecting for new ones.
• Partner Enablement and Education: We offer an online series of on-demand partner education videos designed to enable partners to understand and position Thrive. Topics include product releases, technical overviews, sales enablement, marketing, and more.
• SPIFFs and Promos: Learn about the latest promotions and SPIFFs. Right now agents can earn 1X MRR Selling Thrive’s Cybersecurity Services. Click here to find out more.
• FREE 45-minute Consulting Engagement with Dave Sampson, Thrive’s VP of Consulting: To qualify, please complete the survey here. Offer is for qualified opportunities only!
• Webinars: Thrive’s Partner Webinars feature live demonstrations, customer use cases, and real-time Q&A sessions with Thrive experts. Agents can also co-host a webinar to help strengthen existing relationships. Reach out to your Channel Manager if you’d like to co-host a webinar with us.

How to Get Started With Thrive Advisor

Thrive is dedicated to arming agents with all the tools they need to save time and focus on growing their business.

Click here to learn more about Thrive Advisor.

For General Questions on the Thrive Channel Program, please contact channelquestions@thrivenextgen.com.

All eyes are on the Cloud in the financial industry as adoption is on the rise, with 83% of financial services companies using the public Cloud in some form. The forecast is calling for more Cloud activity in the near future, with 91% of banking and finance companies stating they either currently use Cloud services or plan to in the next 6 to 9 months, according to a Cloud Security Alliance report.

The Cloud is helping financial and banking companies reduce costs, drive innovation, improve security and improve the customer experience. But that’s not all. The rolling thunder of the booming Cloud movement has resulted in companies, like Thrive, redefining the industry with an out-of-the-box approach to optimizing and securing tech infrastructure to meet company and consumer demand.

However, the sun doesn’t always shine in the Cloud. Financial services companies are prime targets for cyber attackers. Ransomware, threats and vulnerabilities are on the rise, which requires a secure, compliant and strategic game plan to take their business to new altitudes with trusted partners.

The Cloud era promises greater business agility, scalability, and responsiveness, but one size does not fit all when it comes to choosing a Cloud platform that best meets your business and financial objectives.

In financial services, performance, cost, security and regulatory demands drive decisions for where financial applications and data should reside. This often leads to some confusion around how financial regulatory frameworks apply to Cloud services and whose responsibility it is to meet those requirements. This is where Thrive shines. We design, build and support the ideal Cloud solution that meets your business needs and budget.

Take your financial services business Cloud services to new heights with Thrive.

1. Improve Security & Resiliency

Security is top of mind for financial services firms. That’s why Thrive delivers best-in-class security platforms to provide a multi-layer defense to protect data and end users from advanced threats. A fully redundant and resilient Cloud architecture by Thrive ensures your financial business operates at the highest levels of availability and performance. Thrive Cybersecurity solutions are secured by NextGen Unified Threat Management Firewall platforms, SOC/ SIEM and Distributed Denial of Service (DDoS) detection and mitigation. Thrive puts financial services companies at ease by continuously monitoring and auto-remediating access risks.

2. Enhance Compliance

Financial institutions are bound by stringent compliance and regulatory standards while operating their Cloud infrastructure and configuration. System and regulatory requirements demand that organizations log, monitor, analyze and report on their data as it passes through a complex network of IT infrastructure and applications. To ensure security and mitigate risk, as well as meet regulatory requirements, financial services organizations need a comprehensive Security Incident and Event Management (SIEM) solution. That’s why Thrive has developed SIEM-as-a-Service (SIEMaaS) that scales with budgets, can flexibly meet changing demands, and provides clear and actionable information.

Our Cloud engineering team has the ability to design, build, and support the Cloud solution that best meets the needs and regulatory requirements of your specific business. Thrive serves as a comprehensive tool to monitor and manage regulatory compliance with SEC, FINRA, SIPC, MSRB and NFA. Thrive’s private Cloud platform also delivers Enterprise-grade service from multiple SSAE 16 SOC 2 data centers.

3. Control Costs

We understand the uncertainty and costly infrastructure needed to keep financial services companies competitive and secure in the Cloud. Our team of experts eliminates the ambiguity and surprises around hardware, software and maintenance expenses. Thrive streamlines operating budgets, avoids expensive and cumbersome maintenance and supports renewal agreements. For example, Thrive ensures teams are using the right services without overlap, consistently tracks and right-sizes your cloud resources, avoids costly data breaches, implements productivity tools and customizes invoicing to eliminate unnecessary expenses.

4. Reduce IT Strain

Remote work and digital transformation have spiked the need for Cloud security professionals. However, financial companies are struggling to fill the demand for experienced and Cloud-proficient employees that can build, maintain, innovate and secure Cloud environments. The lack of available talent puts security at risk with inexperienced people overseeing Cloud security and handling threats and vulnerabilities. Solve your talent gap challenge by tapping into Thrive’s team of Cloud and security experts, trusted by top financial organizations, including large hedge funds, financial services companies and regional banks.

5. Gain More Flexibility and Visibility

Thrive’s NextGen Cloud services allow financial services companies to access applications seamlessly and securely from anywhere. Organizations can easily add or remove resources as their business requirements change. With Thrive’s multiple Cloud platforms, financial customers can optimize performance and cost – all managed by Thrive’s expert team of Cloud engineers.

As organizations deploy multi-Cloud infrastructure, gaining governance over all components becomes even more challenging. Thrive delivers a comprehensive Cloud security solution with the required visibility for all of your Cloud operations, compliance and workflow into one single pane.

Click here to contact the Thrive team today to solve and manage the customized Cloud needs of your financial services organization.

In this Help Net Security video, Chip Gibbons, CISO at Thrive, illustrates the differences between a business continuity plan and a disaster recovery plan.