October is Cybersecurity Awareness Month, a critical time to focus on the importance of protecting ourselves and our businesses from ever-evolving digital threats. With cyberattacks growing in frequency and sophistication, organizations and individuals must stay vigilant, adopting best practices to secure sensitive information. This year's theme for Cybersecurity Awareness Month, "Secure Our...
The fintech industry has transformed how consumers interact with financial services, offering convenience, speed, and personalization. However, the rapid growth of fintech has also made it a prime target for cyberattacks. As more transactions are conducted online and sensitive financial data is stored digitally, the threat landscape becomes increasingly complex and sophisticated. For fintech...
As businesses continue to migrate their operations to the cloud, a persistent challenge emerges: the growing skills gap in cloud management. This issue, exacerbated by the rapid evolution of cloud technologies, has made it difficult for organizations to find and retain IT professionals with the necessary expertise. While the cloud promises flexibility and cost savings, without the right skills, com...
The IT landscape is ever changing, and personalization is no longer a luxury but a necessity. For MSPs, the ability to tailor solutions to the unique needs of each client can significantly enhance both client satisfaction and business outcomes. Read on as GNS details how providing hyper-personalized MSP services, especially for hedge funds and financial institutions, can lead to increased operati...
In an era marked by ever-evolving cyber threats, ransomware remains one of the most formidable challenges for businesses. Unlike traditional malware, which generally involves a single event, the latest trend in cybercrime - multi-staged ransomware attacks - presents a more complex and enduring threat. As businesses increasingly digitize their operations, understanding and preparing for these a...
A recent Supreme Court ruling has the potential to reshape the landscape of cybersecurity regulation. The decision to eliminate the Chevron Deference, a legal principle that allowed courts to defer to government agencies' interpretations of ambiguous laws, fundamentally challenges the foundation of existing cybersecurity regulations. This change could leave businesses more vulnerable to cyber threats as it shifts regul...
IT infrastructure management is crucial, especially with constant developments in cybersecurity and regulatory compliance. Recent events, such as the GitLab RegreSSHion vulnerability, highlight the value and importance of having a dedicated IT management team. GNS details some compelling reasons below why businesses should consider partnering with an IT MSP to navigate complex technological landscape...
Ensuring data accuracy and consistency is one of the most important components of long term success for asset management firms. As a trusted partner in the financial services industry, GNS offers a robust Data Reconciliation Service designed to simplify and enhance your reconciliation processes. Our goal is to allow you to focus on your core competencies while we manage the complexities of...
Seamless and efficient IT operations are critical to maintaining competitive advantage, especially in the finance and hedge fund industries. Integrating an external managed services IT provider can significantly enhance a hedge fund's IT infrastructure. External IT providers ensure robust security, scalable solutions, and expert support. However, this integration must be meticulously planned...
In the realm of cybersecurity, anomaly detection has always been a cornerstone of threat identification and mitigation. Over the years, the methods of detecting anomalies have evolved significantly, especially with the emergence of AI. This evolution has brought about substantial improvements in the way Managed Service Providers (MSPs) like Generic Network Systems (GNS) deliver IT services...
Businesses commonly face a crucial decision when it comes to managing their IT infrastructure: employ on-premise solutions or make the move to cloud-based systems? This decision is pivotal, as it affects not only operational efficiency but also the scalability, cost, and security of business operations. Most businesses now have a combination of on and off premise solutions to ensure that th...
Storing information in the cloud has become a cornerstone for business innovation, operational efficiency, and scalability in recent years. As companies seek to optimize their IT infrastructure, many have migrated their infrastructure to a hybrid cloud; a strategic blend of publicly and privately managed cloud services. This shift is driven by the need for flexibility, costeffectiveness, and enhanced security. Read on as Generic Network Systems (GNS) details why IT...
In the financial services industry, investment and wealth management firms are continuously faced with the challenge of managing complex data securely, efficiently, and cost-effectively. As we move further into 2024, the evolution of managed hosting has become a pivotal focus, with emerging trends setting a new benchmark for operational excellence. This shift is not just about keeping up with tec...
In the dynamic world of cloud computing, Generic Network Systems, GNS, is often tasked with helping clients to make pivotal decisions about public cloud platform adoption. Among the top contenders, Amazon Web Services (AWS) and Microsoft Azure stand out, each with its unique offerings and capabilities. This blog entry aims to provide a technical comparison of AWS and Azure, with a special focus on...