This Episode of the Technology Risk Podcast focuses on Human Factors and Security in SMBs highlighting the significant role of human error in data breaches. We emphasize that small and medium-sized businesses (SMBs) are particularly vulnerable due to limited resources for security training. we detail key human factor risks, including phishing, weak passwords, lack of cybersecurity awareness, and insider threats, and explores their costly consequences. Finally, we offer mitigation strategies such as employee training, strong password policies, access controls, and engaging with managed security providers to improve SMB security posture.

This podcast excerpt discusses the significant risks posed by AI and automation to knowledge-based jobs. It highlights how AI's increasing capabilities in cognitive tasks are leading to job redundancy and skill obsolescence across various professions, from accounting to healthcare. The excerpt details the resulting economic risks (wage stagnation) and social/psychological impacts (job insecurity and inequality), emphasizing the need for risk mitigation strategies such as continuous learning, reskilling programs, and job redesign focusing on human-AI collaboration. Ultimately, the we advocate for proactive adaptation by businesses, governments, and individuals to navigate this evolving job market and ensure a competitive future workforce.

The Technology Risk Podcast, hosted by Angela Hogaboom and Arnie Boyarsky, features a compelling episode highlighting the critical role of Managed Service Providers (MSPs) in modern businesses. The episode explores how MSPs not only deliver significant cost savings, specialized expertise, and enhanced security but also serve as a key partner in de-risking organizations by proactively identifying, mitigating, and managing technology risks. Through detailed case studies, the hosts demonstrate how MSPs empower businesses to focus on their core operations while safeguarding against costly disruptions. They address common concerns about outsourcing IT and provide a step-by-step guide for effectively integrating MSP solutions. Listeners are encouraged to subscribe to the podcast and blog for deeper insights into leveraging MSPs for business resilience and growth.

This podcast excerpt emphasizes the importance of a holistic technology strategy for SMBs, advocating for the integration of IT with business goals to boost efficiency, decision-making, and competitiveness. It highlights the risks of not having such a strategy, including higher costs, security threats, and missed opportunities, backed by real-world examples and data. Key components like IT budgeting, roadmaps, employee training, and ongoing evaluation are outlined, stressing that proactive planning is essential for SMB growth in today’s fast-paced digital world.

The Technology Risk Podcast, hosted by Angela Hogaboom and Arnie Boyarsky, features an episode discussing cybersecurity risks in the tech industry.  Episode 2, "Navigating Security and Compliance Risks," examines the substantial financial and reputational consequences of cyber breaches, citing numerous high-profile examples and statistics illustrating the increasing frequency and cost of attacks. The episode also explores various threat types, compliance regulations (like GDPR and CCPA), and mitigation strategies for businesses of all sizes, emphasizing the importance of proactive security measures and employee training. Listeners are encouraged to subscribe to the podcast and blog for further information.

Join hosts Angela Hogaboom, a Senior Risk Management Expert, and Arnie Boyarsky, a seasoned Tech CEO, Investor and Entrepreneur, on "Navigating Tech Risks for SMBs"—a podcast dedicated to helping small and medium-sized businesses understand and manage the complex landscape of technological risks. Each episode delves into critical topics like cybersecurity threats, rapid technological advancements, market competition, and operational challenges, all backed by eye-opening statistics and real-world examples. Whether you're a business owner, entrepreneur, or tech enthusiast, this podcast offers valuable insights and actionable strategies to safeguard your business and thrive in today's digital world. Subscribe now to stay informed and ahead of the curve!