The One Thing CFOs Could Overlook That Is Guaranteed to Blow Up Your System - JEM NC

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The One Thing CFOs Could Overlook That Is Guaranteed to Blow Up Your System

February 28, 2019

According to the Microsoft Security Intelligence Report, 5,000 to 6,000 new software vulnerabilities surface each year, working out to an average of 15 per day. Software companies try to stay ahead of these risks by releasing security patches. However, once a developer stops supporting a system, they will also discontinue security patches, putting companies that use those systems at risk.

Sometimes, as in the case of Windows 7, which will stop receiving support in January of 2020, a company must replace their system altogether. More often, the company needs to stay abreast of new security patches and insure they are up to date.

Installing a new security patch, whether through auto-update mechanisms or manual updating, is often seen as an interruption to the work week, making it easy to put off. But forgetting or postponing an update can end up costing your company much more: 

  • Employee downtime and loss of productivity (and potential overtime costs) due to slow and unreliable software
  • Employee turnover, low morale, and stress
  • Expenses for IT recovery and data restoration, in the case of a security breach or loss
  • Lost sales
  • Dissatisfied customers, along with damage to brand credibility and reputation

Does your company need to patch an existing system or upgrade to a new one? In the midst of day-to-day manufacturing operations, it can be challenging to discern the most pressing and costly risks. Focusing on every conceivable vulnerability will essentially shut down your operations, wasting money and time, while overlooking the most urgent ones can devastate your business.

When it comes to implementing security updates or upgrading to new software, CFOs shouldn’t have to guess what their company needs. Tapping into the expertise of IT support specialists like the experts at JEM will insure your manufacturing business stays secure, operates efficiently, and saves money.

Contact JEM to start down the road to updating your software.

Learn More about Updating Your Operating System

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