TechMagic is a software product development company with a strong #healthtech focus. Let's turn ideas into actions.
Joined April 2015
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21 Aug 2024
🔒 Is your AWS environment as secure and cost-effective as it could be? Join us for a webinar where we will dive into strategies that help you get the most out of your security investment while minimizing risks.
Register: live.zoho.eu/wjdbYihsc9
#AWS #Cybersecurity #CloudSecurity
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21 Aug 2024
Meet Ihor Sasovets, Victoria Shutenko, and Victor Grenu, top AWS security experts ready to share their insights.
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5 Aug 2024
What is #SOC2?
SOC2 is a framework that sets criteria for managing customer data. It focuses on five fundamental trust service principles: data security, availability, processing integrity, confidentiality, and privacy
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5 Aug 2024
Common Challenges in Achieving SOC 2 Compliance
Identifying relevant systems and processes
Continuous compliance
Corrective actions
Big financial outlay
Time and resource constraints
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5 Aug 2024
Read about Best Practices for SOC 2 Compliance in our Blog - techmagic.co/blog/soc2-compl…
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8 Jul 2024
Is AI development a luxury or a necessity? Let's discover if it's worth the investment for your business.
AI Development Cost: Analyzing Expenses and Returns link.medium.com/a10s9GkP3Kb
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4 Jul 2024
One-size-fits-all #ROSI formula
Accordingly, you can calculate the basic return on security investment using this formula
Read more info in our blog - techmagic.co/blog/calculatin…
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4 Jul 2024
The costs associated with implementing cybersecurity measures
Direct costs:
Hardware and software
Implementation expenses
Training investments
Maintenance expenses
Indirect costs:
Operational disruptions
Compliance expenses
HR costs
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4 Jul 2024
#ROI in #Cybersecurity: Measuring Threats
You need to define:
- indirect losses from the crime – reputational losses, for instance
- direct losses – losses and opportunity costs incurred due to certain cybercrimes (news about a data breach leads to fewer customers, purchases)
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26 Jun 2024
What is a #Core_Banking_System: #Legacy vs. Next-Generation
Read in our Blog - techmagic.co/blog/core-banki…
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26 Jun 2024
Challenges and Considerations in Core Banking Systems
- Incompatibility with modern systems
- Complexity and heavy customization
- Regulatory compliance
- Cost efficiency challenges
- Growth of products and channels
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26 Jun 2024
Why Banking Modernization Is the Only Way Out
Well, there are some essential points here. Firstly, banking modernization offers significant improvements in operational efficiency. The second important point is security. Outdated systems are also vulnerable to cyber threats.
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26 Jun 2024
Embedded #insurance is a growing trend that involves integrating insurance products directly into other services and products.
Let’s have a look at the ways how it can be applied
in techmagic.co/blog/insurtech-…
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26 Jun 2024
Challenges Faced by #Insurtech #Startups
- Regulatory compliance
- Gaining consumer trust
- Access to capital
- Technology integration
- Market competition
- Customer acquisition and retention
- Building partnerships
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7 Jun 2024
Pitfalls of Having an Implementation Partner
- Loss of control and transparency
- Integration challenges
- Vendor lock-in
- Miscommunication
- Partner misalignment
- Hidden costs
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7 Jun 2024
How to Choose the Perfect #Implementation_Partner for Your Product?
Step 1: Understand your product needs
Step 2: Research and explore potential implementation partners
Step 3: Evaluate potential partners' industry expertise
Step 4: Make a final decision
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