Provided by KirkpatrickPrice, this audit is a third-party validation and follows Trust Services Criteria stipulated by AICPA. In order to complete the audit, a company has to pass a series of security, availability, confidentiality, and system privacy tests. Wowrack has been proven to meet these criteria.

However, what does it mean to complete a SOC 2 audit for Wowrack? And, more importantly, why does it matter for the customers in the first place?

Why Wowrack SOC 2 Type II/SSAE 18 Matters for Your Business

Completing SOC 2 audit means a lot to Wowrack as it manifests a serious commitment to uptime, security and customer’s data privacy. Those three aspects are integral to Wowrack as it is part of the company’s mission to continuously improve services to its customers—to you.

Additionally, this attestation does not stop at benefitting Wowrack for it also benefits its customers. There are, at the very least, four benefits that you can get.

Guaranteed Security Practices

In times when digital adaption in business continuity practices accelerates faster than ever, cyberthreats are also becoming a bigger problem. However, one of the newest trends provides an interesting fact about the issue.

A 2021 study by Accenture reports that 35% of security breaches are now dominated by ransomware, targeting weak links in the supply chain or business ecosystem. In other words, even the slightest unsafe security practices potentially result in bigger problems than the cause.

By choosing a certified vendor that does not take security for granted, you are making one huge leap towards safer practices. This also mitigates the risks of receiving indirect as well as indirect cyberattacks.

Improved Trust from Clients

Growing concerns regarding collection, protection, and the use of personal information become a major issue for business. That, accordingly, does not only cover the practices, but also the infrastructure, used vendors, products, and services.

Based on a 2019 survey of 2,200 US adults by Morning Consult, 73% of the respondents agree that protecting personal data is the top deciding factor to trust a business. This scores higher than product usability (71%), product safety (70%), and customer service (68%). Ergo, the more a company conducts safe information practices, the more it likely to get customers’ trust.

One way to let your customers know that you care about trust, security, and privacy is by letting them know that you do the same thing. The easiest way to do so is by choosing a reliable service provider. In so doing, certification provides evidence to the reliability of a service provider.

Above-standard Service Quality

Standards play a significant role in determining the quality of a service. They work as a basis for mutual understanding and guarantee of how a company will deliver a service.

For instance, take a look at AICPA-standardized SOC 2 audit. This audit sets the bar for how a company must conduct the best information security practices, internally or externally. Consequentially, it is pertaining to how a company delivers and maintains a service quality.

Once a company passes the assessment, this means that it has followed all the criteria of a good service delivery and practice. A result of an audit also works as a warranty of the best version of services that you will get.

Peaceful and Secure Digital Collaboration

A lot of companies—and probably yours as well—relies on digital collaboration to run their business. Especially, during the pandemic, we have seen that digital collaboration has skyrocketed exponentially. The same goes for cyberthreats.

Following PwC’s 2020 Digital Trust Insights Pulse Survey, cybercriminals are expected to be the most dangerous digital threats for business. It is especially true with the current business condition that relies heavily on digitalization. In addition, these threats do not solely target people who are working from home. They, however, also target the very IT infrastructure of a company in many ways possible.

For that reason, by choosing a safe and reliable IT service provider, you are indirectly helping yourself mitigate these cyber risks. A proven-to-be reliable provider conducts every security practice securely to get rid of your pain points worrying of not being able to enjoy your digital collaboration.

In conclusion, security is not something any businesses should wager. Trusting your IT security to a reliable service provider, such as Wowrack, helps you work more securely and painlessly.

To learn more on how Wowrack can help you, you can directly consult with our expert team. Schedule a call now.

The post SOC 2 Type II/SSAE 18 Audit Completion – Our Dedication to Customer’s Data appeared first on Wowrack Blog.

• As mentioned, the growing amount of insecure devices, especially IoT devices like digital video cameras and connected cameras
  
• A global increase in bandwidth speed, allowing more junk data to be sent via DDoS attacks more quickly
  
• The growing marketplace of malware software and methods which can be attained and used by skilled and unskilled hackers alike

DDoS Attacks Will Only Get More Frequent – And More Severe

Deloitte predicted that DDoS attacks, a damaging form of cyber attacks where unreliable traffic overloads the bandwidth of a target system, would become larger in scale, more difficult to mitigate (thereby increasing the severity), and more frequent in nature by 2017. Undoubtedly, their prediction came true, as a number of factors have allowed these issues not only to continue, but to flourish.

For unprepared companies, an unmitigated attack could very easily take many organizations offline, and render their data insecure and vulnerable. Some ways in which a company may realize a DDoS attack is happening is by noticing abnormal website behavior such as:

• Rapidly increasing traffic (with no explanation)
  
• Slow network (or slow loading of graphics on GPU servers) 
• Inability of users to access certain pages or the entire website altogether

From a global standpoint, while China easily takes first place in being targeted by DDoS attacks, the US is easily in second place, with Q1 2018 registering an increase in attacks over Q4 2017.

How Can DDoS Attacks Be Mitigated?

Undoubtedly, the best method of mitigating DDoS attacks is by utilizing a third party company to help divert dangerous junk traffic. And more and more companies are getting on board with this sentiment, as their spending habits reflect movement towards exterior IT spending:

• Between 2016-2026, enterprise cloud spending is increasing at a rate of 16% CAGR, says Wikibon:

• Similarly, and most compelling for those who want to keep up with cloud trends, IDC’s study also claims that “cloud computing spending is growing at 4.5x the rate of IT spending since 2009 and is expected to grow at better than 6x the rate of IT spending through 2020.”

With trends obviously shifting in the direction of more cloud investment, it’s imperative that companies invest not only in this rapid growth, but do so in a responsible and informed manner in order to protect their (and their clients’) assets.

One of the most cost-effective and foolproof methods of mitigating DDoS attacks is by working with a third party to ensure consistent, complete monitoring of your infrastructure.

“Wowrack’s Remote DDoS Protection can be set up with ease no matter where your network infrastructure is located. With features such as perimeter defense, 24/7/365 security over critical servers, and extranet entry points, having peace of mind to global remote access for DDoS protection has never been easier.” – Wowrack.com

For a full list of what Wowrack protects against, check out their comprehensive list of DDoS mitigation solutions. To inquire about how to fully protect your infrastructure from the rising threat of DDoS attacks, contact Wowrack today.

The post The State of DDoS Attacks in 2018 appeared first on Wowrack Blog.