Failure to secure your data can cost millions, but only if your data is breached or hacked. One of the best ways to protect that data and limit your risk is to improve your password practices.

There are a few ways to increase your password security companywide. The first method, long considered a best practice, has recently been proven inefficient and ineffective. I’m talking about that old-fashioned practice of creating inflexible password policies that require employees to use complex passwords that they change every few months. 

 

You can’t run a business without employees but wow! – those employees sometimes make it hard to run a business properly! In fact, experts suggest that nearly 65% of data breaches are caused by employee error or negligence. Hackers know that too, which is why phishing and spear phishing attacks are so popular.

 

As the cloud becomes increasingly flexible and affordable, companies are naturally placing more data in the cloud – and a lot of this data is sensitive stuff. From intellectual property to customer data and beyond, everything your organization stores on the cloud could become a potential target for hackers. 

 

 

Oracle Cloud ERP Financials Invoice Imaging has provided a user-friendly framework and it offers excellent features for improving the productivity of the Finance department. Centroid has recently implemented Cloud Invoice Imaging for AP for a client in less than a month.

We would like to share some of the lessons learned during the implementation.

Overview

 

If you’ve read all the blog posts and sales flyers about the cloud, you’ve heard how inexpensive the cloud is because it lowers your data center costs, allows you to jettison a large portion of your IT staff, and cuts down on your energy footprint. Let me clarify right now: the cloud is not cheap. In fact, it may even be more expensive than your on-premises data centers and staff. 

With a multi-cloud solution, your costs will be even higher than with a single cloud service, so here’s a quick guide to help you avoid sticker shock with your first cloud bill. 

Centroid welcomes Renee Jacobs as Sr. Manager, Enterprise Architecture & Strategy.  Renee will be part of the Cloud and Technology Team reporting to Ajay Arora, Managing Partner at Centroid Systems. Renee joins our team with over 20 years of experience working in the Oracle Industry. Her vast experience has included roles in Pre-Sales, Architecture, Analytics and Global VP of Enterprise Architecture.

 

Today’s many compliance regulations leave almost every company scrambling to keep up, but highly regulated industries can find themselves in a difficult situation that limits their competitive stance because traditional IT practices suggest that security is best achieved with in-house data centers managed by in-house teams. Increasing evidence demonstrates that cloud vendors such as Oracle Cloud now offer nearly bulletproof security that often outperforms even the best on-premises setups, but managing security in the cloud is still a worry for some IT decision makers. 

 

According to Cloud Computing News, more than half of all enterprises are using cloud as their primary data infrastructure already but are interested in expanding their cloud capabilities by optimizing their costs, increasing their agility, and mitigating their perceived or real security risk. If this sounds like you, you may want to consider a multi-cloud environment. 

 

In our last article in this series, we talked about “as a service” technologies – the newest, most popular way for businesses to use software, hardware, and any other tech solution at a competitive cost.

In Part 2 of the series, we’ll talk about the most popular forms of “as a service” offerings and why businesses of all sizes are increasingly choosing this tech model. I’ll also help you clarify some of the alphabet soup in the “as a service” landscape.