Author Archives: Sydney Pujadas

Integrating MDR and Managed IT Services for Seamless Remediation

Managed Detection and Response (MDR) has emerged as an indispensable solution to safeguard against evolving cyber threats and ensure the continuous operations of critical IT infrastructure. MDR is a proactive cybersecurity service that provides continuous monitoring, threat detection, and rapid response to security incidents. MDR solutions leverage advanced technologies such as AI-driven analytics, machine learning, and threat intelligence to detect and mitigate cyber threats in real-time. These services are typically provided by firms that monitor networks, endpoints, and cloud environments to identify suspicious activities and potential breaches.

But MDR services often fall short when it comes to the “response” component, leaving organizations’ security teams scrambling to fix issues themselves or trying to orchestrate a solution through multiple vendors – all while their systems and data are in peril. 

Situations like this are just one reason why vendor consolidation has been a growing trend in enterprises. A survey by Gartner, Inc. found that 75% of organizations are pursuing security vendor consolidation in 2022, up from 29% in 2020. While cost savings play a part in the drive to consolidate, there is also a desire to achieve operational excellence, which was the most common objective for mid-sized company CIOs surveyed by Gartner in 2023. 

 

gartner

Credit: Gartner

 

How do a better MDR response, vendor consolidation, and operational excellence tie together? The answer is managed IT services.  

Understanding Managed IT Services and MDR

Managed IT services encompass a range of outsourced IT solutions aimed at managing and maintaining an organization’s IT infrastructure. These services include network management, software updates, help desk support, cloud services management, and more. Managed IT service providers (MSPs) work closely with businesses to optimize IT performance, enhance productivity, and ensure the reliability and security of IT systems.

Having separate providers for MDR and managed IT services can introduce unwanted vulnerabilities into a business’s IT infrastructure. Disjointed communication and coordination between the two providers may lead to gaps in coverage and response times during security incidents. Without a unified approach to monitoring and managing IT systems, critical security alerts could be missed or mishandled, leaving the business exposed to potential threats. Additionally, conflicting strategies or technologies employed by separate providers may create compatibility issues, hindering the effectiveness of the security measures. These security issues must be addressed and resolved for a business’s cybersecurity posture to remain in compliance and stay effective against bad actors. Integrating service providers can greatly reduce these risks and save time when responding to potential threats. 

Opting for a single provider for both Managed Detection and Response and managed IT services significantly enhances a business’s security posture. Consolidating these services under one provider ensures seamless integration and coordination between monitoring, detection, and response efforts. This integrated approach enables a proactive, swift incident response, with real-time threat detection and remediation across the entire IT infrastructure. Moreover, a unified provider can offer a comprehensive understanding of the organization’s IT environment, facilitating tailored security solutions that align with business objectives and risk profiles. By streamlining operations and fostering collaboration between MDR and managed IT services, businesses can proactively mitigate security risks, strengthen their defense mechanisms, and better safeguard sensitive data and assets against evolving cyber threats.

The Benefits of Combining MDR and Managed IT Services with Thrive

  • Comprehensive Threat Detection and Response: By integrating MDR with Thrive’s managed IT services, businesses can benefit from a holistic approach to cybersecurity. MDR solutions provide real-time threat detection and response capabilities, while Thrive’s 24x7x365 security operations center (SOC) offers proactive monitoring and management of IT infrastructure. Together, these services provide comprehensive coverage, enabling early detection and a swift response to cyber threats.
  • Efficient Incident Management: Integration enables seamless coordination between MDR and managed IT teams, streamlining incident management processes. When a security incident is detected, MDR analysts can work closely with the team that is already familiar with the organization’s infrastructure, making it more efficient   to investigate the issue, contain the threat, and remediate any vulnerabilities. This collaborative approach ensures a faster response time and minimizes the impact of security incidents on business operations.
  • Proactive Risk Mitigation: Integrating MDR with Thrive’s managed services allows businesses to take a proactive approach against cyber threats. MDR solutions continuously monitor networks and endpoints for suspicious activities, while our expert team focuses on implementing security best practices, patch management, and vulnerability assessments. By addressing potential security risks before they escalate, Thrive can reduce the likelihood of data breaches and downtime.
  • Scalability and Flexibility: Integrated MDR and managed IT services offer scalability and flexibility to adapt to the evolving needs of businesses. Whether expanding operations, adopting new technologies, or facing emerging cyber threats, businesses can rely on Thrive’s comprehensive suite of services that can be tailored to their specific requirements. This scalability ensures that businesses can maintain a robust security posture and IT infrastructure as they grow and evolve.

Integrating MDR with managed IT services with Thrive offers businesses a powerful approach to cybersecurity and IT management. By combining real-time threat detection, proactive monitoring, and efficient incident response capabilities, businesses can maximize efficiency, enhance security posture, and ensure seamless operations. By adopting integration best practices and leveraging advanced technologies, businesses can stay ahead of cyber threats and focus on driving growth and innovation in today’s digital landscape. Contact Thrive today to learn more about how you can get the most out of our expert managed services teams.

Cracking the Code: Addressing Healthcare Cybersecurity Gaps

The healthcare industry has witnessed a surge in cyber attacks, putting patient confidentiality, data integrity, and overall healthcare infrastructure at risk.

In the past year, 120 healthcare breaches were reported that have compromised data from about 11.5 million patient records across the country, according to the U.S. Department of Health and Human Services Office for Civil Rights

The digitization of healthcare records and the integration of connected medical devices have undeniably improved patient care and operational efficiency. However, this digital transformation has simultaneously given rise to a complex threat landscape that demands stronger healthcare cybersecurity. Cybercriminals target healthcare organizations to gain unauthorized access to valuable patient information, leading to potential identity theft, financial fraud, and even patient care issues.

Understanding the Challenges the Healthcare Industry Faces

  • Legacy Systems: Many healthcare organizations still rely on outdated legacy systems that may lack robust security features. These systems pose a significant challenge as they are more vulnerable to cyber threats and may not receive regular security updates.
  • Human Factors: Healthcare staff may inadvertently contribute to security vulnerabilities through actions such as clicking on phishing emails or using weak passwords. Adequate training and awareness programs are essential to mitigate these risks.
  • Interconnected Devices: The proliferation of Internet of Things (IoT) devices in healthcare, from wearable gadgets to medical equipment, creates additional entry points for cyber threats. Securing these interconnected medical devices is crucial to maintaining a resilient cybersecurity posture.
  • Regulatory Compliance: Healthcare organizations must adhere to strict regulations, such as the Health Insurance Portability and Accountability Act (HIPAA). Compliance with these regulations is not only a legal requirement but also a vital component of safeguarding patient data.

Strategies for Bridging Cybersecurity Gaps

  • Risk Assessment and Management: Conduct regular risk assessments, like Thrive’s Cybersecurity Risk Assessment, to identify potential vulnerabilities and prioritize them based on their impact. Implement risk management strategies to address and mitigate identified risks effectively.
  • Upgrading Systems and Software: Invest in modernizing and upgrading legacy systems to ensure they have the latest security features and patches. Regularly update software and firmware to address vulnerabilities and enhance overall security.
  • Employee Training and Awareness: Educate healthcare staff on cybersecurity best practices, emphasizing the importance of recognizing and reporting potential threats. Training programs should cover topics such as phishing awareness, password hygiene, and secure communication practices.
  • Implementing Multi-Factor Authentication (MFA): Enhance access controls by implementing MFA. This adds an additional layer of security beyond traditional username and password combinations, reducing the risk of unauthorized access.
  • Collaboration and Information Sharing: Foster collaboration within the healthcare industry to share threat intelligence and best practices. Establishing a collective defense approach can enhance the overall cybersecurity resilience of the sector. The Department of Health and Human Services Health Sector Cybersecurity Coordination Center (HC3) is a great example of government-led collaboration.  
  • Incident Response Planning: Develop and regularly test incident response plans to ensure a swift and effective response to cyber incidents. This includes communication protocols, data recovery strategies, and collaboration with law enforcement if necessary.

Addressing cybersecurity gaps in healthcare requires a proactive approach from healthcare providers and organizations. Cracking the code on healthcare cybersecurity is an ongoing effort that demands continuous adaptation to the evolving threat landscape. Contact Thrive today to learn more about how your healthcare organization can be better prepared against data breaches and other cybersecurity threats.

Is Microsoft Copilot Secure? What You Need to Know and Essential Steps for Security Optimization

Amidst remarkable innovation in recent years, it’s undeniable that artificial intelligence (AI) and machine learning (ML) have become ubiquitous. Their widespread adoption across sectors like financial services, healthcare, retail, and manufacturing signifies a notable shift. By 2023, 35% of businesses had embraced AI, indicating its quick integration into modern operations.

With the rise of generative AI solutions such as ChatGPT and Microsoft 365 Copilot, productivity is at an all-time high. But this productivity can come at a price if it leaves sensitive data more vulnerable to cyber threats. 

What is Microsoft 365 Copilot?

Microsoft Copilot has garnered acclaim as one of the most potent productivity tools available. It represents a cutting-edge Large Language Models (LLMs) AI assistant that seamlessly integrates into various Microsoft 365 apps — including Word, Excel, PowerPoint, Teams, Outlook, and more. 

What sets Copilot apart from other AI tools, such as ChatGPT, is its unparalleled deep integration with Microsoft 365. Functioning as the user’s ‘copilot,’ Copilot gains access to the entirety of a user’s work history within the platform. This comprehensive access enables Copilot to efficiently retrieve and compile data from documents, presentations, emails, calendars, notes, and contacts. By synthesizing the user’s workload, Copilot promotes creativity and alleviates the mundanity of day-to-day tasks. 

Understanding the Security Risk

While the remarkable benefits of Copilot are absolute, it’s imperative that as a business owner or IT leader, you understand the security risks associated with this kind of data integration tool. One of the primary concerns lies in Copilot’s extensive access to sensitive data, both within the company and with third parties like clients and partners. It inherits the same access privileges as the user, raising important questions about data security, confidentiality, integrity, and privacy.

The crux of the matter revolves around data vulnerability. Copilot’s ability to access and process vast amounts of organizational data dramatically increases the likelihood of data breaches, unauthorized access, and accidental exposure of confidential information. Moreover, the reliance on AI algorithms introduces complexities in data governance, compliance, and regulatory adherence, further complicating security management efforts.

As AI becomes increasingly prevalent within business operations, it represents an opening for cybercriminals to exploit vulnerabilities, manipulate algorithms, and orchestrate sophisticated attacks. As such, organizations must remain vigilant and proactive in implementing robust security measures to safeguard against potential threats and vulnerabilities associated with Copilot’s deployment.

How Thrive Can Help

Thrive specializes in both collaboration services via Microsoft 365 as well as comprehensive cybersecurity solutions, making Thrive uniquely suited to meet the needs and challenges of organizations leveraging AI technologies like Copilot. We offer a multifaceted approach to Microsoft 365 strategy and governance, and security optimization, encompassing risk assessment, threat detection, incident response, and compliance management with the help of the following services: 

  • Ongoing Strategy and Governance Services for Microsoft 365:
  • Information Architecture Consulting
  • Access Controls and Policy Management
  • Vulnerability Management
  • Managed Detection and Response
  • Autonomous Penetration Testing
  • Endpoint Detection and Response

Our seasoned Certified Information Systems Security Professionals (CISSPs) and Microsoft 365 experts offer your organization 24x7x365 monitoring and remain vigilant against evolving technology and threats, providing continuous surveillance over core critical infrastructure and security landscapes. Thrive can offer the security and governance assistance needed to move your business’s productivity and creativity forward.

All Things Considered, Is Copilot Right for Your Organization?

In evaluating Microsoft 365 Copilot, organizations must assess their risk tolerance, security needs, and readiness for AI integration. While Copilot enhances productivity and integrates seamlessly with Microsoft 365, its access to sensitive data requires careful consideration of security implications.

By engaging cybersecurity experts like Thrive and implementing robust security measures, organizations can mitigate risks associated with Copilot while harnessing its transformative potential for innovation and collaboration. With strategic planning, you can navigate the complexities of AI-driven technologies with confidence and ensure the security and integrity of your organization’s digital ecosystem. Contact Thrive to learn more about your current security capabilities and assess if Copilot and other AI integrations are right for your organization. 

How Fractional CISOs Can Help Reduce Cybersecurity Risk

Today, many organizations, especially those with limited resources to hire security professionals, are turning to a flexible and cost-effective solution – Fractional CISOs. These Virtual Chief Information Security Officers (vCISOs) fill a critical gap by providing their expertise to organizations, which allows them to significantly reduce cybersecurity risks and threats.

“The top 2024 risk cited by internal audit leaders is cyber and data security, with more than 80% of respondents not only rating this risk highly but also giving it the top spot for expected audit efforts in 2024.” –Business Wire’s 2024 Focus on the Future Report 

Stringent security regulations and changing compliance requirements have created a need for strategic cybersecurity expertise within organizations, even though many do not have the allocated resources to hire a full-time CISO. With fractional security experts, you get scalable and cost-effective solutions for your organization’s IT security needs. Having a virtual CISO available can allow businesses to streamline their security measures and strengthen their security posture against cybersecurity threats and mitigate security risks.

Utilizing a vCISO service allows companies to rest easy and be assured that their business’s cybersecurity risk mitigation plan addresses key regulations and frameworks and is optimized to meet business needs and goals. Additionally, fractional CISOs provide the following benefits:

  • Expertise: Fractional CISOs typically have a broad range of experience in cybersecurity across various industries. Their expertise can help organizations navigate complex security challenges and stay updated on the latest threats and technologies.
  • Flexibility: Organizations can scale their security efforts up or down based on their needs. A fractional CISO can adapt to changes in the organization’s size, structure, or security requirements without the constraints of a fixed full-time position.
  • Strategic Guidance: Fractional CISOs can provide strategic guidance and assist in developing a comprehensive cybersecurity strategy aligned with the organization’s goals. This includes risk management, compliance, and incident response planning.
  • Objectivity: By being an external resource, a fractional CISO can offer an unbiased perspective on security matters. This objectivity can be valuable in assessing vulnerabilities, identifying risks, and recommending solutions without internal biases.
  • Training and Awareness: Fractional CISOs can assist in creating and implementing cybersecurity training programs for employees, raising awareness about security best practices, and fostering a culture of security within the organization.
  • Incident Response Planning: Having a fractional CISO can aid in developing and testing incident response plans. In the event of a security incident, having a well-prepared response plan can minimize damage and downtime.
  • Technology Evaluation: Fractional CISOs can assess and recommend security technologies and tools that align with the organization’s needs and budget. This ensures that the organization invests in solutions that provide effective protection.
  • Risk Assessment and Management: A fractional CISO can conduct cybersecurity risk assessments, identify potential threats, and develop cyber risk management strategies to safeguard the organization’s assets and sensitive information.

Organizations need agile and effective cybersecurity solutions to stay ahead. Fractional security experts like vCISOs offer a practical approach, allowing businesses to access top-tier cybersecurity expertise without breaking the bank. By embracing this flexible “CISO as a service” model, organizations can significantly reduce risks, enhance their security posture, and navigate the evolving cybersecurity landscape with confidence. Contact Thrive today to learn more about how our vCISO services can help your organization stay ahead of cybersecurity threats.

Trust No One (but Thrive) The Definitive Guide to Zero Trust

Traditional network and application access protocols operate under the premise that once a user is inside the system, they can maintain that access and use it to access other resources on the network. If this now sounds slightly naive as a cybersecurity approach, that’s because it is. Time after time, small breaches have turned into big breaches, all because systems assumed that because the user was inside the corporate network, they could be trusted.

The Zero Trust security model is an approach built around the principle of “never trust, always verify”. It can be a logical way to address the security shortcomings of legacy approaches, but it adds a layer of complexity to the already overburdened plates of corporate IT teams.

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The Partner That Knows: Legal Industry eBook

Legal firms, like many other organizations, face a range of cybersecurity issues that stem from the increasing digitization of information and communication. An increase in remote work and reliance on the cloud and emerging technologies has led to a rise in cyber attacks and data breaches, putting confidential legal information at risk.

The increased threats to the IT infrastructure of legal firms has left the industry scrambling for a robust and effective solution to thwart bad actors. Legal firms’ ethical responsibility to maintain attorney-client privilege is at stake, which cyber criminals know and often use to their advantage when conducting ransomware, phishing, and other attacks that can get them access to the overwhelming amount of sensitive information that is housed within legal firms’ databases.

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Top Cybersecurity Acronyms You Need to Know in 2024

When reviewing your IT stack and ensuring that your cybersecurity posture is strong, it is important to be able to identify common terminology so you can better understand potential issues and what they mean. Building a solid knowledge base about your cybersecurity needs is just as important as having a strong cybersecurity plan in place. Below are the cybersecurity acronyms you should know:

  • CNAPP – Cloud Native Application Protection Platform: Cloud Native Application Protection Platform refers to a security platform designed specifically for the protection of cloud-native applications. It addresses the unique security challenges posed by applications built using microservices and deployed in containerized environments. As more workloads move to the cloud, 2024 is the right time to develop a plan to implement more cloud-native security solutions.
  • CSMA – Cybersecurity Mesh Architecture: A Cybersecurity Mesh Architecture can bridge critical gaps by integrating isolated solutions through two-way connections, pulling data into the mesh and enabling actions across a diverse array of tools including secure email gateways, endpoint detection and response systems, and SOAR and SIEM platforms. This is expected to be a key initiative in 2024 for many organizations who are trying to better leverage the tools they already have.
  • CTEM – Continuous Threat Exposure Management: Threat Exposure Management involves identifying, assessing, and managing an organization’s exposure to cybersecurity threats. This includes evaluating vulnerabilities, understanding potential attack surfaces, and implementing measures to reduce the risk of exploitation. Recent advances in autonomous penetration testing have made the “Continuous” aspect of CTEM more feasible and will help proactively address and mitigate security risks.
  • LLM – Large Language Models: Large language models refer to advanced artificial intelligence models that are designed to understand and generate human-like text on a large scale. These models are typically based on deep learning architectures, and they are trained on vast amounts of textual data to develop a broad understanding of language patterns, context, and semantics. Due to its wide availability online, cyber criminals often use LLM to launch fully automated cyberattacks that are presenting new threats to the cybersecurity landscape. This trend is expected to continue as the models become more and more powerful.
  • MTTD – Mean Time to Detect: Mean Time to Detect (MTTD) is a key metric in cybersecurity that represents the average amount of time it takes for an organization to identify and recognize a security incident or a breach. It is a critical component of the overall incident response process and is often used to evaluate the efficiency of a cybersecurity program. “Detection Times” refers to the time it takes to detect and identify each individual security incident. The sum of these detection times is then divided by the total number of incidents to obtain the average. Typically, the lower the detection time, the better, as it indicates your organization is better equipped to respond to incidents and mitigate large amounts of downtime.
  • SASE – Secure Access Service Edge: Secure Access Service Edge is a cybersecurity framework expected to see high interest in 2024 as remote work has taken off. SASE combines network security functions with WAN capabilities to support the dynamic, secure access needs of organizations. Networking and security services are delivered primarily from the cloud to provide secure access for users, regardless of their location.
  • XDR – Extended Detection and Response: Extended Detection and Response (XDR) is a cybersecurity concept that goes beyond traditional endpoint detection and response (EDR) solutions. XDR integrates and correlates data from various security tools and sources across an organization to provide a more comprehensive view of potential threats. It aims to improve threat detection, investigation, and response capabilities.
  • ZTA –  Zero Trust Architecture: Zero Trust Architecture is a cybersecurity framework based on the principle of “never trust, always verify.” With users and data residing almost anywhere, the old-fashioned perimeter security will be less relevant than ever in 2024. ZTA challenges the traditional model of trusting entities within a network perimeter and instead requires continuous verification of users, devices, and applications, regardless of their location or network status. 

With a cybersecurity landscape that is constantly evolving, staying updated on new acronyms and technologies is crucial. Working with a trusted, experienced managed IT service provider can help relieve the burden of having to constantly keep a pulse on new security trends and vernacular. Contact Thrive today to learn more about how our experts can help you keep up with your cybersecurity needs and stay on top of the latest regulatory changes and technologies needed in your IT stack.

Don’t Risk IT: Why Outsourcing Is the New Security Advantage

Traditionally, businesses have managed their IT infrastructure in-house, investing heavily in cybersecurity measures and talent. However, the rapid pace of technological advancements, the shortage of trained workers, the burden of regulatory compliance, and the complexity of cybersecurity threats have made it challenging for organizations to keep up. This is where outsourcing IT services enters the picture as a strategic security advantage.

Specialized Expertise

One of the primary benefits of outsourcing IT is being able to confidently hand off critical IT work and maintenance to a pool of specialized experts across industries. IT service providers, like Thrive, are equipped with highly skilled, certified professionals who are well-versed in the latest cybersecurity trends, technologies, and best practices to take on the work your business needs. These experts bring a wealth of knowledge and experience that may be challenging for an in-house team to match.

Outsourcing allows businesses to tap into a diverse set of skills, covering cybersecurity areas such as network security, threat intelligence, autonomous penetration testing, and incident response, as well as other technology services like disaster recovery, cloud computing, and collaboration. This specialization ensures that organizations have a robust and up-to-date IT defense.

Proactive Monitoring and Threat Detection

IT service providers often use advanced monitoring tools and technologies that enable proactive threat detection. Continuous monitoring of network activities, endpoint devices, and system logs allows for the early identification of suspicious behavior or potential security incidents.

By leveraging sophisticated threat detection systems inside of 24x7x365 global security operations centers, managed security service providers can swiftly respond to emerging threats and mitigate risks before they escalate. This proactive approach is a significant departure from the reactive strategies often associated with in-house IT teams.

Cost-Efficiency and Scalability

Another benefit of outsourcing cybersecurity to an IT service provider is that it can be a cost-effective solution for businesses, especially smaller ones with budget constraints. Rather than investing resources in the recruitment, training, and retention of an in-house cybersecurity team, outsourcing allows organizations to pay for the services they need, when they need them. This scalability ensures businesses can adapt to evolving cybersecurity requirements without unnecessary overhead.

Enhanced Focus on Core Competencies

Lastly, by outsourcing certain IT functions, organizations can redirect their internal technical resources so they can focus on operational excellence instead of putting out fires. Rather than dividing attention between managing IT infrastructure and concentrating on business growth, team members can focus on strategic objectives that make a bottom-line impact for the company.

As cyber threats become more sophisticated and prevalent, businesses must adopt a proactive and strategic approach to cybersecurity. With Thrive as your outsourced IT partner, businesses have access to specialized expertise, proactive monitoring, cost-efficiency, and the ability to focus on core competencies. Contact Thrive today to learn about how their services and platforms enable businesses to build a robust defense against cyber threats while staying agile and competitive in today’s fast-paced digital landscape.

Building Cybersecurity Due Diligence into Your PE Deals

In today’s changing digital landscape, cybersecurity has become a pivotal aspect of due diligence in private equity (PE) transactions. With the growing threat of cyberattacks, integrating robust cybersecurity assessments into the due diligence process has become a necessity for safeguarding investments and ensuring the long-term viability of businesses. 

Private equity firms have increasingly recognized the criticality of cybersecurity due diligence in their deal-making processes. By recognizing and understanding the potential risks associated with a weak cybersecurity framework in target companies, PE investors are now more vigilant about incorporating thorough cybersecurity evaluations of a company.

The financial, reputational, and operational damage that results from cyber incidents is staggering. According to a report from Accenture, the average ransom paid for

mid-sized companies under attack was over $1 million. From data breaches to ransomware attacks, cybersecurity incidents can not only affect a company’s financial standing but also significantly affect consumer trust and overall brand value.

Key Components of Cybersecurity Due Diligence

A comprehensive cybersecurity due diligence process involves implementing a multifaceted approach. It covers various elements, including but not limited to:

  • Cyber Risk Assessment: Analyzing the target company’s current cybersecurity infrastructure, identifying potential vulnerabilities, and evaluating the effectiveness of its existing security protocols. Assessments can proactively uncover evidence of previous breach activity increasing overall investment risk and identifying liabilities that may otherwise go unnoticed.
  • Regulatory Compliance Check: Ensuring the target company complies with relevant data protection laws and industry-specific regulations, such as HIPAA, SOX, SOC 2, PCI DSS or other industry-specific cybersecurity standards.
  • Incident Response Planning: Reviewing the company’s incident response plans and assessing its readiness to mitigate and manage cyber threats.

Integration into the Due Diligence Process

Integrating cybersecurity due diligence into the broader due diligence process is crucial for PE firms to safeguard their data and continue to focus on the financial side of their business. It necessitates collaboration between deal teams, cybersecurity experts, and a firm’s legal counsel.

Incorporating cybersecurity risk assessments at the early stages of deal evaluation also allows investors to make informed decisions. Understanding a company’s cybersecurity risks can influence the valuation, and also aid in formulating post-investment strategies to fortify the target company’s security infrastructure.

Thrive’s tailored managed IT services for PE firms cover all aspects of technical strategy and regulatory compliance. By leveraging our industry insights and robust support, Thrive empowers financial companies to navigate the ever-evolving IT landscape with confidence. 

PE firms that embed robust cybersecurity assessments within their due diligence processes are better equipped to navigate the complex cyber threats that businesses face today. Thrive’s team can help you protect your business by uncovering IT vulnerabilities and delivering unmatched insight into the potential risks present in your mission-critical business infrastructure.

Contact Thrive today to learn more about how we can help integrate a robust cybersecurity posture into your PE deals and beyond.

Unable to Move to the Public Cloud? Then Bring the Cloud to You.

The advent of cloud computing revolutionized the way businesses manage and store their data. Private Clouds have emerged as a solution for organizations who are unable to utilize the public Cloud, offering numerous benefits that cater to the unique needs of businesses.

Enhanced Security and Compliance

One of the greatest advantages of a private Cloud is heightened security and compliance. In a private Cloud environment, all resources and infrastructure are dedicated solely to your business and its needs. This minimizes the risk of unauthorized access and potential data breaches to your system. Companies may implement customized security measures, stringent access controls, and encryption protocols to further protect sensitive data and adhere to their industry-specific compliance requirements.

For those in regulated industries, such as healthcare, finance, or government, remaining in compliance with laws and regulations such as HIPAA, SOX, SOC 2, or PCI DSS is critical. A private Cloud offers a secure platform to ensure compliance with these stringent standards, giving organizations peace of mind.

Customized and Scalable Solutions

Private Clouds can provide flexibility to tailor infrastructure and services based on your business’s specific needs. You have control over resource allocation, storage capacity, and network configurations, allowing for a customized setup that aligns with your business requirements. As your business fluctuates in demand, you can easily scale up or down to accommodate changing workloads, ensuring optimal performance at all times.

Scalability is especially crucial for businesses with unpredictable or agile IT needs, enabling them to quickly adapt without the constraints often associated with public Cloud environments.

Increased Performance and Reliability

In a private Cloud, resources are dedicated solely to your organization, ensuring consistent performance levels. A private Cloud eliminates competing for resources with other tenants, as is often the case in public Clouds. 

Furthermore, a private Cloud typically operates within a company’s on-premises data center or in a dedicated hosting environment. This ensures low network latency and high-speed connectivity, further boosting performance and responsiveness.

Data Privacy and Control

For many businesses, maintaining control over data is a top priority. With a private Cloud, you retain complete control over your organization’s data, its storage, and its processing. This control is vital for sensitive data or intellectual property that cannot be entrusted to third-party providers in a public Cloud setting, or has to meet specific data residency requirements

Private Clouds offer a level of data privacy that’s unparalleled. You can determine the location of your data, how it’s managed, and who has access to it, giving you the confidence to manage critical business operations securely.

Thrive’s NextGen Cloud Services are the perfect match for organizations looking to optimize their resources, workloads, and storage while leveraging the benefits of the Secure-ThriveCloud experience. Thrive’s Cloud engineering team is able to design, build, migrate, and support the Cloud solution that best meets your business needs. We assess your needs, looking at performance, cost, security, and flexibility to determine where your business workloads best belong. Additionally, by leveraging the benefits of Thrive’s Cloud, businesses can effectively manage their operations while maintaining compliance with industry regulations. Whether you’re a large enterprise or a growing business, the advantages of Thrive’s Cloud services can significantly impact your organization’s success and future growth. Contact Thrive today to learn more.