Welcome to the e360 Pulse on LinkedIn! This week, we're covering major financial losses from Ransomware attacks, DEXe On The Road, and the VMware by Broadcom Acquisition
🔐 Ransomware Impact on Businesses
Two major companies, Sonic Automotive, and Keytronic, disclosed significant financial losses due to ransomware attacks. Sonic Automotive reported a $30 million loss in income due to a ransomware attack on a key service provider, while Keytronic estimated a $15 million loss from a similar incident. These cases highlight the severe economic impact of ransomware on businesses.
Ransomware Readiness Recommendations (To stay out of the headlines)
- Robust data backup and recovery plan Backup often, test recovery often, have multiple backups from different points in time, and scan backups for compromise
- Multi-layered security controls Endpoints protection, network segmentation, and file repository protection.
- User awareness training Phishing awareness and overall safe practices for file handling
- Patch Management and Vulnerability Management Patch early and often + vulnerability scanning and remediation
- Incident Response Prepare for an event, run tabletops to test scenarios, and formulate rapid response capabilities through cyber resilience.
Security Advice by Brad Bussie - CISO, e360
☁️ Do More With Less On Google Cloud
Discover how we've tackled the tough challenges of cloud migration with Google Cloud, making your journey smoother and more efficient. Whether you're transitioning from on-premise to GCP, modernizing your applications, or refactoring databases, we share insights that could help you streamline processes, reduce costs, and boost productivity—all with less effort. Kevin Kohn, e360 VP of Cloud Services explains how these strategies could make a difference for your organization.
Visit our Google Cloud Partner page for more details around e360's Google Cloud expertise.
🧭 Navigating the VMware by Broadcom Acquisition
In November 2023, Broadcom's acquisition of VMware led to a shift from perpetual to subscription-based licensing, causing up to a 10x increase in costs for VMware customers. As the market leader in hypervisor technology, this presents major challenges for enterprises that depend on VMware for their IT infrastructure.
Christian Rolland and Devon Arsenault break down the acquisition and what it means for you in Episode 4 of the Tech Sessions podcast.
How To Strategically Plan IT Infrastructure Post-VMware
Devon Arsenault shares insights on how companies can approach this change, emphasizing the importance of a thorough, workload-by-workload analysis. With renewal deadlines looming, it's tempting to make quick decisions, but Devon advises a more measured approach—considering short-term renewals, reducing unnecessary VMware footprints, and rethinking your entire architecture. By assembling a cross-functional task force and setting clear requirements, businesses can not only mitigate the immediate financial impact but also position themselves for long-term success.
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Feeling Apprehensive About The Transition?
Devon Arsenault sheds light on the apprehension many IT leaders feel about the VMware transition. As Devon points out, the initial lack of clarity around costs has sparked knee-jerk reactions among clients, with many considering a switch to different hypervisors. However, Devon urges caution, advising companies to resist the impulse to make hasty changes.
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Have questions or need help managing the transition? Our team is here to help.
Learn More About Our Strategic VMware Solutions
⚡️ Sign up for a Free VMware Workshop
📰 Trending Industry Articles
Internet Browsers Are Getting a Makeover for the Workplace
The humble internet browser is being reimagined as the backbone of workplace security and productivity. As businesses demand more from their tools, new enterprise browsers are emerging to fill the gaps left by traditional browsers, offering tighter security and seamless app integration. While still in its early days, this shift could revolutionize how we work online by 2030.
Cloud infrastructure revenue approached $80 billion this quarter
The cloud infrastructure market is booming, nearing $80 billion in revenue this quarter, fueled by AI demand. Synergy Research reports a 22% year-over-year increase, with Amazon, Microsoft, and Google leading the market. Despite fluctuations, experts predict the market will double in the next four years, highlighting its unstoppable momentum.
Confronting Impossible Futures
Many organizations, despite planning for various uncertainties, are surprisingly neglecting the rapid advancements in AI in their strategies. While the future of AI is uncertain—ranging from potential exponential growth to achieving Artificial General Intelligence (AGI)—AI’s current capabilities are already disruptive and demand attention. The hesitation might stem from the overwhelming focus on speculative superintelligence or underestimating AI’s present impact. As AI evolves, organizations must adopt scenario planning to prepare for multiple futures and steer towards better outcomes.
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