About Bruce Penson

Managing Director of Pro Drive IT

Is Regulation a Friend or Foe?

2020-12-15T13:13:03+00:00January 22nd, 2018|Compliance|

For many organisations big data presents challenges and opportunities. No more so than in the financial services sector where the regulatory landscape provides an additional level of complexity. Many FS institutions are so overwhelmed by legislative requirements that they have few resources left to exploit their data for profitable ends. If your organisation feels like [...]

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6 Ways You Can Automate Your Business Without Robots

2018-11-07T12:15:43+00:00December 15th, 2017|Productivity|

The UK government views poor productivity as the most significant modern-day threat to our future economy. Far more so than Brexit. Improving productivity is one of the Chancellor's pet projects. And if the numbers are to be believed it is easy to see why. If productivity had grown in line with the pre-2008 trend, output [...]

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GDPR: Good News for Financial Services

2017-12-13T10:42:35+00:00December 8th, 2017|Compliance|

Spoiler alert! This is not another one of those articles about GDPR designed to put CEOs, Compliance Officers and CISCOs into a state of panic about how to get their business compliant by May 2018. No, instead this post is actually about why GDPR could be a good thing for the financial services industry, and [...]

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Accountants beware: Bad Rabbit Ransomware!

2018-07-09T11:35:35+01:00November 28th, 2017|Security and Threats|

What is it? Despite the name, it's not an influx of demented furry critters sent to destroy you by North Korea, but the latest Ransomware that could well be targeting UK businesses. Bad Rabbit has spread from Eastern Europe and Turkey via Germany where a mixture of businesses, including accountants were infected. Hot on the [...]

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The hidden menace about to blow your compliance

2017-11-28T11:57:07+00:00November 22nd, 2017|Tips and Advice|

There is a hidden gremlin lurking in the depth of your corporate IT network, both SME and Enterprise, that has the capability of blowing a huge hole through your compliance work.  No matter whether you are governed by an industry body such as the FCA for Financial Services markets or seeking to comply with cross [...]

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Password Hygiene: Protecting the Creative Industry

2017-11-28T11:57:07+00:00November 13th, 2017|Security and Threats|

Creative and marketing companies generally have to manage a large number of different passwords. There are numerous apps and SaaS tools available that creatives and marketers use day-in-day-out to create work, promote their businesses and, most importantly, manage their client accounts. These all require users to create an account to login, making them only as [...]

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DLA Piper – A Business Continuity Nightmare That Cost Millions

2017-12-19T18:00:52+00:00October 30th, 2017|Business Continuity|

On the morning of Tuesday June 27 th, employees coming in to work at the offices of DLA Piper, one of the world's largest law firms, were met with an unusual surprise. A whiteboard had been rolled out into the middle of the building lobby with "Attention: DLA Employees" written on it. "All network services [...]

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Tech regulation in Financial Services should not be that challenging

2017-12-07T13:00:58+00:00October 25th, 2017|Compliance|

If you are in Operations or a Compliance Officer in Financial Services, it’s a busy and confusing time at the moment. MIFID II comes into effect in Early 2018, followed by the less well understood and somewhat mysterious beast that is GDPR. And all this is set against a backdrop of a seemingly ever increasing [...]

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Cyber Security: Criminals Target The Accounting Industry

2020-12-15T11:30:21+00:00October 5th, 2017|Security and Threats|

Last month accountancy firm Deloitte confirmed that it had been a victim of a cyber attack that breached the company email system and has potentially compromised usernames, passwords, IP addresses, architectural diagrams for businesses and health information, and sensitive client information contained in email attachments. The breach was discovered in March this year, but it [...]

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iPhone updates causing problems? You’re not the only one…

2017-12-07T12:56:38+00:00October 4th, 2017|Tips and Advice|

Any iPhone or iPad aficionados will be well aware of the latest Apple iOS (the iPhone/iPad operating system). Version 11 of iOS was released with much fervour along with the latest generation of iPhone September 19th and iPhone/iPad users will have received notification of the update on their home screens. Many have updated but it [...]

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