Inflation Expected to Continue to Affect IT Market

Due to everything going on in the world, inflation is rising.  Of course, this will affect prices across all markets, including the IT market.

Services such as Security Services, Email, Cloud Services, and Labor just in general have all seen an increase from 2020 to 2021 (see above chart), and it is predicted to continue rising throughout this new year.

Inflation aside, it’s important to keep in mind that technology continues to play a large role in economic growth and effective production, and protecting your investment with Cyber Security is more important than ever.

Although the rise in inflation is beyond our control, at CATS Technology Solutions Group, we will continue to give the best support and dedication to each and every one of our clients.  We are all in this together and we are here to assist you always.

Share the Post:

Related Posts

Game Over or Game on? 7 Times Video Game Companies Were Targeted by Cyber Criminals

Video games are an escape from real life. A countless number of people play to be immersed in a world filled with adventure and excitement. While it is fiction and you remain safe from the dragons or zombies you battle, dangers of the digital realm can be real. Video game companies are in a constant battle against their own threats. Cyber Criminals find their way into every industry, and the video game realm is not the exception.

Read More

The Wire Fraud Epidemic: It’s Time to Get Defensive  

As the saying goes, “We know a thing or two because we have seen a thing or two.” In the past year alone, there has been a surge in the number of businesses falling victim to wire fraud. Many of these incidents occur because their emails have been left susceptible to email hacking. We are here to say… many of those incidents could have been prevented. Investing in proactive cyber security for your email systems is no longer an option, it is essential in mitigating against the cyber criminals that can potentially prey on your business. 

Read More