How State and Local Governments Can Use Technology to Overcome Economic Challenges

How State and Local Governments Can Use Technology to Overcome Economic Challenges

Article

How State and Local Governments Can Use Technology to Overcome Economic Challenges

At present, state and local governments are confronted with significant challenges stemming from the current state of the economy. This includes a decrease in tax revenues, sustained high inflation, and a shortage of proficient IT personnel, who are vital to their day-to-day operations. Industry experts consider technology as an effective solution to address inadequacies during challenging economic periods.


Ransomware Attacks in Manufacturing Pose An Increasing Threat

Ransomware Attacks in Manufacturing Pose An Increasing Threat

Cyberattacks are a constant threat to organizations of all sizes. Manufacturing and production industries may have experienced fewer cyberattacks than other industries, but companies are still at risk from bad actors. To gain a better understanding of the current attack environment and track changes over time in ransomware trends, Aunalytics security partner Sophos commissioned an independent, vendor-agnostic survey of 5,600 IT professionals in mid-sized organizations across 31 countries. Out of all the respondents, 419 were from the manufacturing and production industry. This survey was conducted in January and early February of 2022. While it’s true cyber insurance has been playing a greater role in helping organizations improve their ability to recover from attacks, survey responses clearly indicate the rising threat ransomware poses to the manufacturing industry.

Cyberattacks Are Up From Previous Year

Ransomware attacks have increased significantly over the past year—55% of manufacturing and production organizations surveyed were hit by an attack in 2021, up 36% from 2020. Bad actors are now considerably more capable of attacking businesses and executing harmful tactics at scale. The Ransomware-as-a-Service model is one cause of this year’s increased attacks, as the required skill level for bad actors to hamper the day-to-day operations of an organization has gone down significantly.

55% of manufacturing and production organizations were hit by ransomware in 2022

Apart from the rising prevalence of these attacks, the sheer complexity of each attack is also on an upwards trajectory. While the manufacturing and production industry reported the lowest rate of ransomware attacks, but, with over half of all respondents in all surveyed industries reporting that their company was been injured by bad actors, the reality is that every organization is at high risk of attack. In 2021, 57% of attacks in the manufacturing and production industry resulted in important data being encrypted. Additionally, 59% percent of organizations who experienced cyberattacks saw the complexity of the attacks increase, while 61% saw an increase in the overall volume of cyberattacks.

57% had data encrypted in attack
Data Recovery Rates Are Improving

While the increase in cyberattacks paints a bleak picture, there is a silver lining to this dark cloud. 96% of manufacturing and production organizations were able to get some of their encrypted data back. The top method used to restore data was backups, which were used by 58% of organizations whose data was encrypted in an attack. Unfortunately, despite the utilization of backups, a third of the effected organizations still had to pay a ransom to ensure that more their data was restored.

Unfortunately, while paying a ransom typically allows organizations to get some data back, it is proving to be less effective than in years past. On average, in 2021, organizations that paid a ransom only got back 59% of their data, and only 7% of those that paid the ransom got ALL of their data back. This highlights the importance of employing multiple methods to restore data—utilizing backups in particular can improve the speed of recovery and increase the amount of data that can be recovered in the event of an attack.

59% of data restored in manufacturing
7% of manufacturers got ALL data back after paying the ransom
Ransom Payments Have Increased

The average ransom pay-out has seen an exponential increase from what was reported in 2020 data, rising from an average of $147K (USD) to a jaw-dropping $2,036,189 (USD) in 2021.

Ransom paid by manufacturing and production organizations
Ransomware Has a Massive Impact on a Company’s Financial Status and Operational Capacity

Even when some of the encrypted data is restored after a cyber-attack, there are additional costs in the form  of lost productivity and a decline in operational capacity, which can have a considerable impact on your company. Of those hit by ransomware last year, 77% said their most significant attack impacted their ability to operate, while 71% said it caused them to lose business and/or revenue. The average cost to remediate an attack in 2021 was $1.23M (USD), down from $1.52M (USD) in 2020. This was due in part to cyber insurance providers being able to better guide victims through an effective response more rapidly.

Although there have been improvements in total recovery time over the years, it still took, on average, one week for manufacturing and production organizations to fully recover from the most significant attacks.

Impact of attacks on manufacturing and production

Despite the huge economic costs of ransomware attacks, many organizations are continuing to put their faith in defenses that don’t actually prevent ransomware—only more quickly mitigate its effects. Most of the organizations in the survey who weren’t hit by ransomware in the past year and didn’t expect to be hit in the future cited backups and cyber insurance as reasons why they don’t anticipate an attack. It’s important to note that neither of these elements can actually prevent cyber-attacks.

Simply having security mitigation resources in place does not mean that they will be effective against malicious attacks. Despite having ample resources—in both personnel and technology—organizations will not achieve a high return on investment without a combination of the right technology and expertise to use the technology effectively.

Cyber Insurance Drives Changes to Cyber Defenses

Thankfully, organizations do not have to shoulder the burden of ransomware costs all on their own. The survey found that three out of four manufacturing and production organizations had insurance against ransomware attacks. Organizations that had been previously hit by ransomware attacks in the past were much more likely to have cyber insurance coverage against ransomware. However, many respondents indicated that securing coverage has changed or gotten more difficult to obtain in the past year:

  • 56% said the level of cybersecurity they need to qualify is now higher
  • 53% said policies are now more complex
  • 42% said it is more expensive
  • 35% said fewer companies offer cyber insurance
  • 30% said the process takes longer

As a result, 97% of organizations that have cyber insurance have made changes to their cyber defenses to improve their cyber insurance position. 70% have implemented new technologies and services, while 63% have increased staff training and educational activities, and 59% have changed processes and behaviors.

But It Doesn’t End There

The State of Ransomware 2022 survey by Sophos has revealed that ransomware continues to be an imminent threat for the manufacturing and production industry. For many, choosing an experienced partner with expertise in cybersecurity not only improves their chances of getting approved for the right amount of cyber insurance coverage, but can also ensure that companies see an higher return on investment and improved ability to both prevent and mitigate attacks in the future.


2023 Catalyst University

Catalyst University 2023

January 25 & 26, 2023

Catalyst University 2023

Radisson Plaza Hotel, Kalamazoo, MI

Aunalytics to Attend 2023 Catalyst University

Aunalytics is excited attend Southwest Michigan First’s Catalyst University 2022 in Kalamazoo, MI. Aunalytics is participating as a speaker sponsor and is pleased to present Mitch Albom, who is a best-selling author, journalist, screenwriter, playwright, radio and television broadcaster, and musician.

2023 Catalyst University

22 Technology First Taste of IT

Aunalytics Brings Its Portfolio of Managed Services, Enterprise Cloud, and Data Cleansing Solutions to Taste of IT Conference in Ohio

Leading Data Management and Analytics Company to Join More Than 400 IT Professionals for a Day of Networking and Learning

South Bend, IN (November 15, 2022)Aunalytics, a leading data management and analytics company delivering Insights-as-a-Service for mid-market businesses, will feature its managed services, enterprise cloud, and data cleansing portfolio at the Taste of IT Conference on November 16, 2022. The one-day event, which will be attended by more than 400 IT professionals, will be held at the Sinclair Conference Center in Dayton, Ohio.

Aunalytics provides IT and security expertise to mid-market businesses in the areas of financial services, healthcare, manufacturing and professional services. The company’s Secure Managed Services offering combines mission critical IT services leveraging zero-trust end-to-end security to ensure data is protected regardless of a user’s location. Aunalytics provides managed components that offer stability and security, and its next-generation managed services offering is powered by a data platform that provides data-driven IT answers and embedded security that focuses on people and access.

The full suite of managed IT and integrated security services empowers businesses with a complete, all-encompassing approach that includes 24/7/365 monitoring and management, a synchronized network security platform, workstation and server patching, internet protection, email filtering and security, Office 365 management and security, multi-factor authentication, data and device encryption management, and security awareness training.

The company delivers advanced security for defending against modern threats through a team of engineers and analysts with expert skills and toolsets and, in regulated industries, Aunalytics provides the additional technology and controls required to manage risk. Its team of experts is dedicated to analyzing ever-changing rules and regulations and helping users to create processes and policies for data protection and meet compliance requirements within those industries that are regulated.

Aunalytics’ Enterprise Cloud offering is comprised of infrastructure solutions that provide a highly redundant and scalable platform for hosting servers, data, analytics and applications at any performance level. With the Aunalytics® Cloud Storage and Compute solution, users are assured the highest levels of security, accessibility, expertise, scalability, and savings. Aunalytics’ data centers, located in Northern Indiana and Southwest Michigan, meet the most rigorous standards for security, weather protection, temperature and humidity controls, fire suppression and more.

As data continues to expand exponentially, the challenge of data cleansing is rapidly becoming more difficult, as well as expensive. Aunalytics’ Aunsight™ Golden Record turns siloed data from disparate systems into a single source of truth across the organization. Powered with data accuracy, the cloud-native platform cleanses data to reduce errors, and Golden Record as a Service matches and merges data together into a single source of accurate business information, giving users access to consistent, trusted data across the organization in real-time. With this self-service offering, users can unify all their data to ensure enterprise-wide consistency and better decision making.

“IT executives want practical, real-world knowledge about business changing technology and management solutions that are absolutely critical to drive their businesses forward,” said Robert Lizotte, Local Market Leader, Columbus Region, Aunalytics. “As digital transformation continues to be a high priority for many organizations, our portfolio of managed services, enterprise cloud, and data cleansing solutions provides the tools they need to accelerate their digital transformation journeys. We look forward to participating at a Taste of IT and demonstrating how Aunalytics can help IT professionals advance their business success.”

 

Tweet this: .@Aunalytics Brings Its Portfolio of Managed Services, Enterprise Cloud, and Data Cleansing Solutions to Taste of IT Conference in Ohio #ToIT22  #Datamanagement #Informationtechnology #Managedservices #Enterprisecloud #Datacleansing #Dataplatform #Dataintegration #Dataaccuracy #Digitaltransformation #ITsecurity #Securitytechnology

 

About Aunalytics

Aunalytics is a leading data management and analytics company delivering Insights-as-a-Service for mid-sized businesses and enterprises. Selected for the prestigious Inc. 5000 list for two consecutive years as one of the nation’s fastest growing companies, Aunalytics offers managed IT services and managed analytics services, private cloud services, and a private cloud-native data platform for data management and analytics. Aunalytics’ data management platform is built for universal data access, advanced analytics and AI – unifying distributed data silos into a single source of truth for highly accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI for accurate mission-critical insights. To solve the talent gap that so many mid-sized businesses and enterprises located in secondary markets face, Aunalytics’ side-by-side digital transformation model provides the technical talent needed for data management and analytics success in addition to its innovative technologies and tools. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.

 

PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com


Aunalytics Highlights Security Priorities as Cybersecurity Awareness Month Concludes

Company Recommends Cybersecurity Solutions to Better Protect Organizations Against High-Risk Cyber Attacks

South Bend, IN (October 28, 2022)Aunalytics, a leading data management and analytics company delivering managed IT and data platform services for mid-sized and enterprise businesses, today highlighted top security priorities to follow when reinforcing defensive security strategies against malicious cyber threats. The guidance is provided as Cybersecurity Awareness Month comes to a close in October, after a month of focus on the subject.

According to Check Point Research (CPR), “2022 began with a massive exploitation of one of the most serious vulnerabilities on the internet, the Apache log4j, and continued with full blown cyber warfare from the Russia-Ukraine war. The second quarter of 2022 saw an all-time peak, where global cyber-attacks increased by 32%, compared to Q2 2021. The average weekly attacks per organization worldwide reached a peak of 1.2K attacks.”

In response to the rising number of attacks, Aunalytics is providing guidance and solutions to strengthen, educate and defend business IT systems and data from attack. These include having a comprehensive Vulnerability Management (VM) solution, Security Awareness Training, and beginning a Security Maturity Journey – all backed by Aunalytics’ expert cybersecurity team.

Aunalytics cybersecurity solutions experts recommend the following:

  • Vulnerability Management (VM) – Replaces manual efforts to protect the network from bad actors using high quality equipment and tools that are typically limited to enterprise organizations. Without a VM solution in place, it is exceedingly difficult to find individuals who have slipped into the network. A VM solution is overseen by security professionals and discovers devices on a network, determines if they are vulnerable and fixes any underlying issues, while concurrently protecting the network as fixes are implemented.
  • Security Awareness Training – Security management and training are crucial for businesses to avoid digital disasters. Security awareness training is necessary to educate employees about the digital dangers in their environment and how to properly deal with them. Aunalytics provides expert knowledge and toolsets that employees need in order to better protect the organization.
  • Security Maturity Journey – If system security is not keeping up with the rapidly changing threat landscape, it will become obsolete and more vulnerable to bad actors. Security maturity means adapting and improving security as the environment changes and grows. It means taking strategic actions like deploying active defenses with the help of security intelligence from multiple sources. Businesses can evolve from a legacy security state to security maturity with the help of a trusted partner.

 

The growing threat of cybercrime is a risk to any organization connected to the Internet. Attacks can arrive in forms that include phishing, spear phishing, ransomware attacks, zero-day attacks, known vulnerability exploits, sensitive data breaches, brute-force attacks and more. Secure Managed Services by Aunalytics offers peace of mind in knowing that IT environments are monitored and managed at all times with the goal of eliminating the risk of data exfiltration or infrastructure downtime.

“End-to-end protection requires actions and defenses that consider the entirety of systems and software throughout an organization. It also means educating employees so they are ‘security aware’ to help reduce the number of threats that may enter through vulnerable endpoints,” said Steven Burdick, VP, Sales, Cloud & Managed Services. “Aunalytics protects organizations on their security journey, deploying a defensive cybersecurity framework that provides the technology and expertise for better security posture.”

 

About Aunalytics

Aunalytics is a leading data management and analytics company delivering Insights-as-a-Service for mid-sized businesses and enterprises. Selected for the prestigious Inc. 5000 list for two consecutive years as one of the nation’s fastest growing companies, Aunalytics offers managed IT services and managed analytics services, private cloud services, and a private cloud-native data platform for data management and analytics. The platform is built for universal data access, advanced analytics and AI — unifying distributed data silos into a single source of truth for highly accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI for accurate mission-critical insights. To solve the talent gap that so many mid-sized businesses and enterprises located in secondary markets face, through its side-by-side digital transformation model, Aunalytics provides the technical talent needed for data management and analytics success in addition to its innovative technologies and tools.  To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com  or on Twitter and LinkedIn.

 

PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com


22 Technology First Taste of IT

2022 Technology First Taste of IT Conference

November 16, 2022

2022 Technology First Taste of IT Conference

Sinclair Conference Center, Dayton, OH

Aunalytics to Attend Technology First's 2022 Taste of IT Conference as a Gold Sponsor

Aunalytics is proud to be a Gold Sponsor, and excited to join over 400 IT professionals at the Technology First Taste of IT Conference on in Dayton, Ohio. Aunalytics provides a wide variety of managed IT and security solutions, such as our Secure Managed Services offering which combines mission critical IT services leveraging zero trust end-to-end security to ensure people and data are protected regardless of location. In addition, our Advanced Security solution gives organizations access to cutting-edge technology and expertise of Aunalytics professionals to prevent and mitigate cyberattacks.

22 Technology First Taste of IT

Mi-GMIS 2022 Fall Conference

Aunalytics to Showcase Its Portfolio of Managed Services, Enterprise Cloud, and Data Cleansing Solutions for IT Professionals at the 2022 Mi-GMIS Fall Conference in September

Leading Data Management and Analytics Company Provides the Tools Michigan IT Pros Need to Improve Operational Efficiencies and Provide the Highest Levels of IT Security to Their Organizations

South Bend, IN (September 15, 2022) - Aunalytics, a leading data management and analytics company delivering Insights-as-a-Service for mid-market businesses, announced today it will participate in the 2022 Mi-GMIS Fall Conference on September 18-21 in Boyne Falls, Michigan. The event is hosted by the Michigan Government Management Information Sciences and will bring together government IT professionals across the state of Michigan whose role is to meet the informational needs of their organization’s employees and to play an instrumental part in achieving organizational goals using IT resources. The conference program is designed to keep IT professionals abreast of best practices and industry trends, and how they can be applied to their organizations productively and economically.

Aunalytics will feature its managed services, enterprise cloud, and data cleansing portfolio. The company provides IT and security expertise to mid-market businesses in the areas of cities and local government, financial services, healthcare, manufacturing and professional services. The company’s Secure Managed Services offering combines mission critical IT services leveraging zero-trust end-to-end security to ensure data is protected regardless of a user’s location. Aunalytics provides managed components that offer stability and security, and its next-generation managed services offering is powered by a data platform that provides data-driven IT answers and embedded security that focuses on people and access.

The full suite of managed IT and integrated security services empowers businesses with a complete, all-encompassing approach that includes 24/7/365 monitoring and management, a synchronized network security platform, workstation and server patching, internet protection, email filtering and security, Office 365 management and security, multi-factor authentication, data and device encryption management, and security awareness training.

The company delivers advanced security for defending against modern threats through a team of engineers and analysts with expert skills and toolsets and, in regulated industries, Aunalytics provides the additional technology and controls required to manage risk. Its team of experts is dedicated to analyzing ever-changing rules and regulations and helping users to create processes and policies for data protection and meet compliance requirements within those industries that are regulated.

Aunalytics’ Enterprise Cloud offering is comprised of infrastructure solutions that provide a highly redundant and scalable platform for hosting servers, data, analytics and applications at any performance level. With the Aunalytics® Cloud Storage and Compute solution, users are assured the highest levels of security, accessibility, expertise, scalability, and savings. Aunalytics’ data centers, located in Northern Indiana and Southwest Michigan, meet the most rigorous standards for security, weather protection, temperature and humidity controls, fire suppression and more.

The company’s cloud offering has achieved Federal Risk and Authorization Management Program (FedRAMP) Ready status and is actively working toward FedRAMP certification. Certified cloud-based products help U.S. federal agencies meet increasingly complex regulations and defend against cybersecurity threats, prevent data loss, enforce compliance, and protect agency domains.

“Government IT professionals across the state of Michigan face similar challenges and opportunities, and are eager for real-world knowledge about emerging technology and management solutions,” said Steven Burdick, Vice President Sales – Cloud, Aunalytics. “Our portfolio of managed services, enterprise cloud, and data cleansing solutions provides the tools they need to improve operational efficiencies and provide the highest levels of IT security. We look forward to meeting with IT pros at the Mi-GMIS Fall Conference and demonstrating how Aunalytics can help them meet the needs of employees and advance their organizations’ goals.”

Tweet this: .@Aunalytics to Showcase Its Portfolio of Managed Services, Enterprise Cloud, and Data Cleansing Solutions for IT Professionals at the 2022 Mi-GMIS Fall Conference in September #Informationtechnology #Managedservices #Enterprisecloud #Datacleansing #Dataplatform #Dataintegration #Dataaccuracy #Digitaltransformation #ITsecurity #Securitytechnology

 

About Aunalytics

Aunalytics is a leading data management and analytics company delivering Insights-as-a-Service for mid-sized businesses and enterprises. Selected for the prestigious Inc. 5000 list for two consecutive years as one of the nation’s fastest growing companies, Aunalytics offers managed IT services and managed analytics services, private cloud services, and a private cloud-native data platform for data management and analytics. The platform is built for universal data access, advanced analytics and AI – unifying distributed data silos into a single source of truth for highly accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI for accurate mission-critical insights. To solve the talent gap that so many mid-sized businesses and enterprises located in secondary markets face, Aunalytics’ side-by-side digital transformation model provides the technical talent needed for data management and analytics success in addition to its innovative technologies and tools. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.

 

PR Contact
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com


One Columbus

Aunalytics Extends Its Presence in Greater Columbus Area

Leading Data Platform Provider Joins One Columbus Organization to Help Foster Economic Development in the 11-County Region, and Is a Featured Presenter at a Cybersecurity Forum in Sydney on August 19

South Bend, IN (August 17, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for mid-market businesses, announced today its membership in One Columbus, the economic development organization for the 11-county Columbus, Ohio region. With an office in Bellefontaine, Aunalytics is committed to contributing its resources to foster the economic well-being of the broader Columbus region.

Working with local and state partners, One Columbus serves as the business location resource for companies across Central Ohio and around the world as they grow, innovate, and compete within the global economy. Its mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares its communities for the future, and inspires corporate, academic and public innovation throughout the greater Columbus area.

“As with other regions of the country, the organizations in the Greater Columbus area are interested in increasing their competitive advantage through digital transformation,” said Robert Lizotte, Ohio Local Market Leader for Aunalytics. “As a member of One Columbus, we look forward to demonstrating how this shift can be accomplished in a more secure and efficient way to drive a higher return on business initiatives.”

Aunalytics also announced that its Chief Security Officer, Kerry Vickers, will speak in Sydney, Ohio at the Sydney Shelby Chamber of Commerce cybersecurity forum, “Do You Have a Plan?” on August 19, at 8amET. Vickers is one of nine subject matter experts who will outline the threats and the measures that can be taken to mitigate cyber invasions which occur on a daily basis, to organizations large and small.

 

Tweet this: .@Aunalytics Extends Its Presence in Greater Columbus Area #Cybersecurity #FinancialServices #Banks #CreditUnions #Dataplatform #DataAnalytics #Dataintegration #Dataaccuracy #AdvancedAnalytics #ArtificialIntelligence #AI #Masterdatamanagement #MDM #DataScientist #MachineLearning #ML #DigitalTransformation #FinancialServices

 

About Aunalytics

Aunalytics is a data platform company delivering answers for your business. Named a Digital Innovator by analyst firm Intellyx, and selected for the prestigious Inc. 5000 list two years in a row, Aunalytics provides Insights-as-a-Service to answer enterprise and mid-sized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.

 

PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com


Backup vs. Disaster Recovery

Backup vs Disaster Recovery: What’s the Difference?

Your data is vital for your business to function. Often, companies are not completely confident in what should be a part of their Business Continuity Plan (BCP), and do not understand that they need both data backup and disaster recovery to re-operationalize the business to be covered for outages and disasters.

Backup

Data BackupBackup services ensure your data is replicated to a separate, secure location and able to be quickly and easily restored after an outage or disaster event. Many instances of data loss occur due to accidental deletion or corruption, short of an attack or disaster. If you have a backup, what you technically have is a copy of your original data that was last backed up in a virtual or physical location. A backup can be used in case of outage or database failure. It will return data to the last restore point, meaning you may lose some information in the process. Colocation services to store back-ups in multiple separate, secure locations are recommended for resiliency.

Disaster Recovery

Disaster recovery services are designed to bring a business back online after a failure at the primary business site. Disaster recovery includes steps to operationalize the data back-ups, and bring back online networks and systems should an attack or outage occur. With a disaster recovery solution in place your organization’s data and the functioning of your IT systems are restored. An all-encompassing Disaster Recovery plan restores business functions and minimizes losses and downtimes. It includes server level and site level restoration. You may have to invest in an entire secondary IT infrastructure unless you have a Disaster Recovery as a Service (DRaaS) provider.

Disaster RecoveryMost midsized institutions do not have a team of disaster recovery experts in house to help them to get their business up and running in case of an unforeseen disaster. Gartner reports that in a recent survey, 86% of IT leaders state that their recovery capabilities meet or exceed CIO expectations, but only 27% reported having a disaster recovery plan in place that included base elements of recovery: formalizing scope, performing a BIA to understand business requirements, and creating detailed recovery procedures. On the other hand, “those with a solid disaster recovery program are 40% more likely to demonstrate a stronger overall resilience posture.” Disaster recovery experts supplement your IT team to restore systems and business operations.

Business Continuity Plan

A Business Continuity Plan should include both backup procedures so that you protect your business from data loss, and disaster recovery plans to restore networks, systems and data after failure at your primary business site. For IT resiliency, your plan should include: active monitoring and assessment of IT hazards; resiliency risk assessment including potential consequences; risk and mitigation strategies; understanding of business relevance of the assets to understand business drivers and classify assets in terms of business criticality; and setting IT resilience priorities. Recovery plans should be drilled and tested regularly.

Aunalytics Backup and Disaster Recovery services will give your organization the peace of mind that, no matter what circumstances come, a trusted partner will have your back. You will not have to worry about data loss or theft, as backing up your on-premises data to the cloud will allow your company to have a business continuity plan in place to save critical business information, and you will have experts on hand to help your IT team restore networks, systems and data after a disaster.


Aunalytics and 1st Source Bank logos

1st Source Bank Focuses on Serving Customers with the Selection of Aunalytics Secure IT Managed Services

Company Gains Full Suite of IT Services as Infrastructure Shifts to the Cloud

South Bend, IN (August 2, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for mid-market businesses, today announced that South Bend, Indiana-based 1st Source Bank, is adopting Aunalytics Secure Managed IT Services so that it can quickly leverage cloud technology and also upgrade baseline infrastructure. Under the new arrangement, Aunalytics’ services will include data center infrastructure, server infrastructure, endpoint management, backup and disaster recovery (DR), and cybersecurity.

Established in 1863, 1st Source Bank assists its clients with building wealth and achieving financial security. The bank is a community financial services provider with community values and has held these same principles while providing outstanding customer service for more than 150 years. 1st Source operates across 81 branches in Indiana and Michigan and oversees a Specialty Finance Group that provides financing for aircraft, trucks, and construction equipment.

Prior to selecting Aunalytics, the organization conducted a thorough evaluation of its technology operations and decided to avoid locking the company into a hardware environment for another five-year period. The IT leadership chose to focus its IT resources on applications, data, and integration priorities of the business instead of continuing to support hardware internally. Additionally, the IT team at 1st Source Bank sought to deploy a near-term cloud option and expand upon its backup and DR options in order to build a more flexible and fully redundant computing environment.

Another draw on the bank’s IT staff was server management, which Aunalytics will also oversee. And with future plans to implement more advanced operational analytics, 1st Source Bank plans to start a full data management initiative, taking its data strategy to the next level.

“When it comes to IT infrastructure, there are several things that we need to maintain control over: The customer experience, data efficiency and innovation,” said Inder Koul, Chief Information Officer, 1st Source Bank. “Customers are intimately linked with their data so it must be closely guarded, and innovation will allow us to test new and compelling services that will provide a range of new and thoroughly secure services. With Aunalytics, there will be a 360-degree view of managed activities and greater context to deepen our relationships with customers.”

The Aunalytics Managed Services team provides ongoing support and security for 1st Source Bank servers, workstations, and networking equipment. The company provides 24/7/365 remote monitoring and management to mitigate the risk of valuable infrastructure becoming unavailable. Hardware and software are fully managed to proactively address any issues. The company's remote monitoring agent includes client-based interactive support, performance management, alerting, asset management and reporting, as well as on-site advisors to help mitigate any possible risks to the environment.

“Successful banks are flipping the script when it comes to IT management, bringing in managed IT and solution experts like Aunalytics to oversee an important range of tasks,” said Rich Carlton, President, Aunalytics. “By enhancing its IT processes with Aunalytics, 1st Source Bank will able to more efficiently and effectively service its clients. As a result, the bank’s customers will benefit from more sophisticated products and services in 2022 and beyond.”

 

Tweet this: 1st Source Bank Focuses on Infrastructure Modernization and Cloud Adoption with the Selection of @Aunalytics Secure IT Managed Services - https://www.aunalytics.com/category/pr/  #datacenter #datacenterinfrastructure #serverinfrastructure #endpointmanagement #backupanddisasterrecovery #DR #cybersecurity #Dataplatform #Dataintegration #Dataaccuracy  #DigitalTransformation

 

About Aunalytics

Aunalytics is a data platform company delivering answers for your business. Named a Digital Innovator by analyst firm Intellyx, and selected for the prestigious Inc. 5000 list, Aunalytics provides Insights-as-a-Service to answer enterprise and mid-sized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model,  Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform members’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.

 

PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com