Transforming Business Strategy: How Cybersecurity and AI Drive Growth with Holly Rollo | Business of Tech: Daily 10-Minute IT Services Insights podcast

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Episode description

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Episode description

Dave Sobel engages with Holly Rollo to discuss the critical role small and mid-sized businesses (SMBs) play in national security. Rollo emphasizes that in today's interconnected environment, the security practices of every company are vital, as vulnerabilities often arise from third-party interactions. She highlights the importance of maintaining robust cybersecurity measures, particularly as many breaches have occurred through less secure connections with external partners.

The conversation shifts to the federal government's efforts to enhance cybersecurity through initiatives like CMMC 2.0, which aims to regulate and improve security standards among defense contractors. Rollo argues that while compliance is essential for those directly involved in federal contracts, the organic flow of data across various channels means that even businesses not directly linked to federal work must prioritize cybersecurity. She uses the example of a company providing HR software to construction firms, illustrating how even seemingly benign businesses can be targets for cyber threats due to their connections to critical infrastructure projects.

Sobel raises concerns about the competing priorities small businesses face, suggesting that the perceived penalties for inadequate cybersecurity may not be severe enough to prompt immediate action. Rollo counters this by explaining that cybersecurity issues are often intertwined with broader operational challenges, such as outdated technology and data integrity problems. She argues that addressing these issues holistically can lead to improved business resilience and profitability, making a compelling case for integrating cybersecurity into overall business strategy rather than viewing it as a separate concern.

The discussion also touches on the challenges companies face in adopting generative AI technologies. Rollo points out that many organizations lack a clear business strategy and understanding of their market fit, which hinders their ability to leverage AI effectively. She stresses the need for companies to modernize their systems and workflows before attempting to implement AI solutions, as doing so without addressing foundational issues can lead to suboptimal outcomes. Ultimately, Rollo's insights underscore the necessity for businesses to prioritize cybersecurity and strategic planning to thrive in an increasingly complex digital landscape.

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