How NOT To Save On IT Expenses – a $10 router story

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Today story can be said is the most astonishing and remarkable but ultimately foolish way you will ever heard of saving money on IT. A hint before you go on – it involves millions of dollars and a $10 router.

The Bank And Its $10 Router

A couple of month back, news broke that millions has been discovered to be stolen from Bangladesh’s central bank by hackers. Investigation has been going around to determine where the loops came from, something has been hindering them in their investigation ….. a $10 router the bank is using! That’s right, a bank that has billions of dollars (the hackers planned to steal 1 billion if the hack wasn’t discovered) uses a $10 router, no firewall or any other network security devices for its network!

Easy Money For The Hackers

Basically the hackers have an easy pass to the mountains of money in the bank without any firewall blocking or stopping them. Of course having a firewall does not guarantee hackers cannot get in, what makes it worse is that because of the cheap router limitation, it does not collect any useful network data information for the forensic investigators to trace the attacks. This means a second hack attack is possible since nobody know where and how the hackers got in.

Taking Responsibility For Your Network

Some of you may not handle millions or billions of dollars, still the consequences of a hacking attack or virus outbreak are very real and costly to a company. We know clients will always try to save on IT expenses they don’t see as necessary, however we have been in this line for so long we know what are the consequences of saving a few bucks. Hence to mark ourselves as truly being an IT partner with our fully managed clients and taking responsibilities for their network, we put in our firewall to ensure their network are essentially secured.

Think of IT as Revenue Generating

We are always amazed at the way people try to save money on IT expenses, from not replacing old slow computers to using non support software, which in turn give them productivity and security issues. Companies have to find ways to save their resources, however if IT is done properly, they can help you to increase your capacity for revenue generating or prevent you from incurring costly downtime.

 

At Blazon Technologies, we specialized in protecting our clients’ network and data, ensuring they can keep running their business even if disaster strikes them. To find out how we can help you with your security and protection, contact us for more information.

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