At Mowery & Schoenfeld, we offer comprehensive IT Consulting services through our team at Xamin. We believe our role as your financial partner extends to all forms of financial risk assessment and mitigation. There is no faster-growing risk for businesses than cybersecurity today.
Read on to learn more about what sets our team and services apart, and how we can help you mitigate risk and make strategic IT choices to grow your organization.
Organizations in any industry have data and people they want to protect. Having an IT partner who has gone through the SOC 2 audit and certification process provides business leaders with assurance. While many consumers do not fully appreciate the importance of a SOC 2 certification, businesses can certainly appreciate this commitment to security.
Meeting the Security standard guarantees information and systems are protected against unauthorized access, transfer of data, or deletion of data.
Availability refers to the performance of the system and the circumstances that allow access to a system. Monitoring system function and availability, as well as establishing protocols for handling a crisis are considered.
Process Integrity ensures data processing is authorized, timely, consistent, correct, and complete. The IT systems must meet the criteria set by the AICPA to ensure the processes used to manage data are secure.
Confidentiality is key when IT solution providers are working with companies who have large amounts of sensitive data, which is becoming more and more common in a remote, cloud-based era. The confidentiality principle ensures your system protects consumer data and only approved users have access to the data.
Privacy refers to the way a system retrieves, holds, discloses, and removes sensitive personal information. This process must be done in accordance with an organization’s privacy notice, as well as generally accepted privacy principles (GAPP).
Xamin offers industry-leading, managed IT services. As a subsidiary of Mowery & Schoenfeld, we are now able to help our clients find technology solutions and provide a high level of security for their operations.
Xamin’s services include, but are not limited to:
You know accounting, but are you really the right IT partner?
Yes—just ask our clients. Over the past few years, we have seen an increased need among our clients to provide additional risk mitigation related to IT and cybersecurity. Viewing our relationships as partnerships has resulted in 98% retention among our clients.
We already have an internal IT team, why would we need your help?
Many organizations have very competent, onsite IT teams. We can augment the IT staff by helping automate certain tasks so they can focus on helping their users. Additionally, if you have any concerns or if you are responsible for a significant amount of sensitive data, it can be a good idea to get an outside, third-party assessment performed regularly to head off any potential issues.
My business insurance policy requires a cybersecurity assessment. Is that something you can help with?
Yes! Cybersecurity and business insurance policy providers may require an evaluation of your IT practices in order to begin or renew a policy. We can perform a 3rd-party cybersecurity assessment and security awareness training for employees designed to meet these insurance requirements without significant disruption to your day-to-day operations.
Am I really at risk?
Virtually everyone who operates a business today is at risk of a cyberattack.
For 10 consecutive years, the cost of a data breach has continued to rise. Based on the 2021 IBM Data Breach Report, the average cost rose nearly 10% in 2021 to 4.24 million in just one year. Last year, the average breach took more than 200 days to fully identify and another 87 to contain. Nearly 17.5% of all breaches in 2021 were at least, in part, caused by a remote workforce. These breaches were nearly 25% more costly.
For those organizations with a strong compliance engine, the cost of a breach—if it occurred at all—was nearly 65% less than those without. As cybercriminals become more sophisticated, your plan for cybersecurity must evolve.
Do you only work with organizations in certain industries or of a certain size?
We are here to help any company who is concerned about data security. While we have a stringent certification process which allows us to work with the most highly-regulated organizations—such as banks and healthcare providers—we have over 1,000 clients in diverse industries from construction to professional services. We operate best with companies who have up to 500 full-time employees, but we can work with companies in diverse industries and can create a custom package based on the needs of your company.
