With more than $80 billion of loan collateral in its systems, DataScan is an industry leader in providing solutions for wholesale asset financing and inventory risk management. The company’s InfoSec leadership understood that they needed to take a whole new approach to incident response and to advance its security maturity. Having multiple tools for managing incidents and conducting business was translating into inefficiencies, prolonged resolutions, and stress.
If there is one thing organizations can take away from the past few years, it's that they are far more vulnerable than they could realize before. From pandemics to critical supply shortages to widespread data breaches and natural disasters, businesses that don’t have plans in place to handle and respond to emergencies are at tremendous risk. As leaders plan for inevitable crises and disruption, interest in business resilience and continuity grows.
Before you can choose the proper tools for your organization, you have to understand its essential business processes. Once you know an essential business process, you can review software applications that will help make your organization more efficient and accurate. Unfortunately, many organizations do not understand their essential business processes. This makes it nearly impossible for them to streamline their organizations, which puts them at a disadvantage in the marketplace.
Businesses and communities are experiencing a growing number of disruptions from threats like severe weather, civil unrest, theft and vandalism, pandemics, and cyber-attacks. These disruptions have left many organisations concerned about the safety of their people and operations.