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In an era where digital threats loom larger with each passing day, small and medium-sized businesses (SMBs) and managed service providers (MSPs) find themselves grappling with the increasingly complex requirements of cyberliability insurance. As these businesses strive to fortify their defenses against sophisticated cyber threats, the challenge of aligning security practices with insurance demands has never been more critical.

The recent CDK ransomware attack, which crippled car dealerships across the US, highlights the severe impact of cyber incidents. This article uses the CDK breach as a case study to emphasize the importance of robust cybersecurity and business continuity plans for businesses in all industries. Incorporating feedback and concrete examples, we explore the incident's impact and the steps businesses can take to protect themselves and maintain operations during crises.

Companies often overlook the silent killer of their IT budgets—licensing bloat. I'm referring to the unnecessary costs while your software and SaaS purchases go unchecked, which drain financial resources and create significant security risks. As your trusted IT partner, the Facet team and I are here to shed light on this persistent issue and guide you through effective strategies to manage and mitigate licensing bloat.