Adapting to technological change is a challenge all businesses face. Some changes force the matter — like required compliance with privacy and cyber regulations — while others, such as implementing a vendor risk management program, may seem less urgent. Regardless, businesses must recognize the need for a particular change and act accordingly.

A recent study conducted by the Information Systems Audit and Control Association (ISACA) and the global consulting firm Protiviti revealed the top five technology challenges faced by businesses today as:

1. IT security and privacy/cyber security
2. Data management and governance
3. Emerging technology and infrastructure changes
4. Resource/staffing/skills
5. Third-party/vendor risk management

While all organizations face the same challenges, small and medium-sized businesses can find them more difficult to overcome, especially as they relate to number four on the list: a lack of resources, staffing and skills.

Monetary considerations aside, it is difficult to find qualified personnel. Addressing security, privacy, governance and infrastructure (effectivel, numbers one through three on the list) requires professionals with sophisticated skill sets. The difficulty and expense associated with trying to meet these demands internally make it more reasonable to outsource them.

We are here to help. HBK offers cost-effective solutions to address these challenges. We have IT professionals across numerous disciplines, from specialists in privacy regulations to technicians who facilitate infrastructure changes. Get access to the specific skill sets and resources you need when you need them. For more information or to schedule an appointment, call (724) 934-5300; or email me at MSchiavone@hbkcpa.com.