This episode of the Technology Risk Podcast we offer insights into the reasons behind IT project failures and suggest strategies for success, particularly focusing on avoiding the "IT Bermuda Triangle" of poor scope definition, stakeholder misalignment, and resource constraints. We detail the impacts of these failures including financial loss and reputational harm, while also providing steps to navigate these challenges such as clarifying stakeholder expectations and adopting agile methodologies. Make sure to subscribe to our podcast on Spotify and Apple Podcasts for more technology insights every Friday at 6 PM (PDT), as well as check out our website at www.frostyos.com.

This episode of the Technology Risk Podcast we discuss the dangers of "ghost data," which refers to forgotten or unnecessary information stored by companies. We explain that ghost data poses significant risks related to data breaches, regulatory non-compliance, and increased storage costs. We highlight common forms of ghost data like old backups, outdated databases, and dormant email accounts, supported by statistics and examples. We also suggest practical solutions for businesses, emphasizing the importance of data audits, clear retention policies, automation, employee education, and secure archiving. Make sure to subscribe to us on Spotify and Apple Podcasts, as well as check out our website at www.frostyos.com.

This episode of the Technology Risk Podcast we highlight how relying on reactive IT solutions to fix immediate problems creates a fragmented, vulnerable, and costly technology environment. This approach, often called "patchwork IT," leads to issues like security gaps, inefficiency, and increased expenses over time. Instead, we offer a solution that involves adopting a strategic IT roadmap, which includes auditing existing systems, standardizing technology, and using integrated platforms to build a stable and secure infrastructure. We emphasize that transitioning from reactive to proactive IT management is crucial for long-term business success. Make sure to subscribe to us on Spotify and Apple Podcasts, as well as check out our website at www.frostyos.com.

In this episode we explore how rapid business expansion can obscure critical IT risks like outdated hardware, software, and unmanaged networks, leading to potential operational disruptions, reputational damage, and financial penalties. We highlight that success can breed complacency, create operational blind spots, and misalign budget priorities, causing businesses to delay necessary technology upgrades. We emphasize the importance of proactive IT assessments, adopting scalable technology, investing in upgrades, continuous monitoring, and fostering a technology-aware culture to build sustainable and secure IT systems. Make sure to subscribe to us on Spotify and Apple Podcasts to get future technology risk insights, as well as check out our website at www.frostyos.com.

This episode of the Technology Risk Podcast we explore the pervasive issue of Shadow IT, where employees use unauthorized technology, highlighting that 80% admit to this practice. We examine the reasons behind Shadow IT, such as convenience and remote work, and the significant risks it introduces, including cybersecurity vulnerabilities and compliance issues, illustrated with statistics like Shadow IT causing one-third of SMB cyber breaches. Discussing strategies for managing Shadow IT, we emphasize discovery, understanding employee needs, education, and provide secure alternatives, ultimately aiming to balance security with innovation. Subscribe to our podcasts on Spotify and Apple Podcasts for more risk management insights, as well as check out our website at www.frostyos.com.

This episode of the Technology Risk Podcast we examine the significant consequences of newly implemented U.S. tariffs in April 2025, including a universal 10% import tax and a 145% levy on Chinese goods, excluding some tech products. We analyze the immediate and long-term disruptions to technology companies, focusing on supply chain issues, increased operational costs, risks to innovation budgets, and shifting global trade dynamics. We provide strategic insights for businesses to adapt, such as diversifying supply chains, strengthening local sourcing, and maintaining flexible pricing. Our discussion also includes real-world examples illustrating both successful and unsuccessful responses to these tariff pressures and concludes with a future outlook emphasizing economic nationalism and the need for business agility. If you want future updates on the present and future of the technology realm, make sure to subscribe to our podcast on Spotify and Apple Music, as well as check out our website at www.frostyos.com.

This episode of The Technology Risk Podcast explores the deceptive nature of outdated technology, revealing how seemingly functional legacy systems harbor significant security vulnerabilities and operational inefficiencies.We provide  real-world examples to illustrate the financial, reputational, and legal risks associated with neglecting technology upgrades. We advocate for a proactive IT risk strategy, emphasizing regular assessments, lifecycle management, continuous monitoring, and strategic modernization. Ultimately, we encourage small to medium-sized businesses to shift from a reactive to a forward-thinking approach to technology to ensure security and sustainable growth. Make sure to subscribe to our podcast on Spotify and Apple Music and tune in every Friday at 6 pm (PT), as well as check out our website at www.frostyos.com.

This episode of the Technology Risk Podcast, hosted by Angela Hogaboom and Arnie Boyarsky, we explore how small and medium-sized businesses can transform perceived technology risks, like outdated systems and unlicensed software, into strategic advantages. We highlight that proactively addressing these issues can lead to significant benefits such as increased revenue growth, improved efficiency, and enhanced security, supported by real-world examples. We outline a five-step process for creating a strategic risk management plan and offer practical tips for fostering a proactive mindset towards technology. Ultimately, we encourage SMBs to view technology challenges as opportunities for innovation and competitive differentiation. Subscribe to use on Apple music and Spotify, and visit our website at www.frostyos.com.

This episode of The Technology Risk Podcast we explore how businesses can embrace new technologies while navigating the complexities of compliance. We highlight the high costs of non-compliance and emphasize the need to proactively integrate compliance into technology strategies. We provide practical tips such as conducting regular software audits, strategically negotiating vendor agreements, and staying updated on regulatory changes. We share real-world examples of both successful and failed compliance efforts, highlighting the importance of building compliance into decision-making processes and training teams. We encourage listeners to subscribe on Spotify or Apple Music and to visit our website at frostyos.com.

This episode of the Technology Risk Podcast we cover the substantial financial, operational, and reputational risks small and medium-sized businesses (SMBs) face by neglecting technology upgrades. We emphasize how the seemingly high upfront costs of modernization are far outweighed by the hidden costs of inaction, such as downtime, cyberattacks, and compliance penalties. We present actionable steps for SMBs to proactively address these risks through audits, prioritized upgrades, and employee training. Make sure to check out our website at www.frostyos.com.