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22.09.15
Cryptocurrency
How you might hear it used

“Decentralised cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation.”

What it could mean for your business

Are lower international payment costs now possible?

With cryptocurrencies, value can be transferred internationally with speed, and typically at low transaction costs. Currently, however, there are concerns surrounding security and compliance with cryptocurrencies, as they may be difficult or impossible to trace.

The idea of instant value-transfer may be appealing but it can mean errors are difficult or impossible to reverse. The cost of exchanging between cryptocurrencies and government-backed, or fiat, currencies can vary considerably. More generally, crypotcurrencies tend to be volatile in terms of value, bringing additional risk.

A number of innovators are working to address some of the issues surrounding cryptocurrencies to make them more viable for mainstream use and reduce issues and risks.

19.08.15
Big data
How you might hear it used

“If you farm your big data in the right way you can expect increased opportunities and insights providing you with a stronger competitive advantage.”

What it could mean for your business

Big data is a broad term for data sets so large or complex that traditional data processing applications are inadequate. Challenges created by big data include analysis, capture, data curation, search, sharing, storage, transfer, visualization, and information privacy.

How could your business benefit?
+ Conquering your growing data mountain. How you should respond to the challenge of big data will depend upon the data you collect and have available to your business. What’s near certain is that you are both creating and accessing more data than every before. So how can this make a positive difference to your bottom line?

+ Handling data efficiently. The first and most obvious place to start is looking at how you collect and store data, and the back up processes that you have in place. Is your data infrastructure efficient, secure and cost effective? Is it easy to expand or contract your data infrastructure as your needs change? Is your data easily available and properly backed up? For many clients we have been able to reduce infrastructure costs while making their data work harder for their businesses.

+ Getting useful insights. Once you’ve ensured that you are collecting, storing and accessing your data efficiently, the next question is how you can get insights from it that help improve your business performance. Configured properly, your technology should make it easier both to access and to act upon these insights. It is likely that you are already aware of areas where better and more timely access to information could lead to cost savings or opportunities for profit. We can work with you to help ensure your technology delivers the insights you need to drive business performance.

Contact us to find out more about getting business benefit from big data.

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Cybercrime continues to be an issue for small & midsize businesses.

  ransomware image Yesterday the BBC reported that more than 50% of UK businesses have suffered ransomware attacks in the last year. This is the greatest single risk to IT networks and business performance. We have helped a number of companies, in the past few weeks, recover from recent attacks. However, the cost in terms of lost time and sales revenue has in some cases been significant. We believe prevention is better than cure and have outlined the issue and methods to avoid the angst and potential loss of sales revenue below:  

How does it work?

  Ransomware is a type of malicious software designed to block access to business data by encrypting and renaming files. The bug usually travels into the IT network through email or downloadable internet files, programmes or applications. A demand for a sum of money is made and usually payable in bitcoins. These are untraceable so the perpetrator escapes with the cash – usually in the region of £2,500. Decrypting files without the decryption key is complex and time consuming. As a result organisations and businesses must weigh up whether they wish to part with the ransom or lose time, precious data and incur costs for IT consultants to solve the issue.  

How do I prevent it?

  Enforce good security practices within the businesses IT networks by employing effective anti-virus, anti-malware and anti-spam products to improve the chance of detection before infection. This includes educating the workforce to the dangers of downloading information from an unknown source. Talk to our consultants who will assist your company to write and communicate effective online security policies that will protect your business.  

How does my business recover without paying the ransom?

  Efficient back-up is the answer. Network Interlinks works quickly and painlessly to rebuild computer systems and applications to an acceptable recent state from the businesses Disaster Recovery and Business Continuity solution. This out smart’s the criminal hacker and puts the company back in business promptly.

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318 Worple Road
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SW20 8QU
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Network Interlinks Ltd.
318 Worple Road
London
SW20 8QU
UK

Remote support

view on map
info@networkinterlinks.com
+44 (0)20 8739 0660

Network Interlinks Ltd.
318 Worple Road
London
SW20 8QU
UK

view on map
info@networkinterlinks.com
+44 (0)20 8739 0660

Network Interlinks Ltd.
318 Worple Road
London
SW20 8QU
UK

view on map
info@networkinterlinks.com
+44 (0)20 8739 0660