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Core Blue

coreblue.co.uk

Founded Year

2016

Stage

Grant | Alive

Total Raised

$340K

Last Raised

$340K | 2 yrs ago

About Core Blue

Core Blue develops custom software for organizations in the private and public sector delivered across a range of devices from mobile through to desktop.

Headquarters Location

4 Sandy Court Ashleigh Way

Plymouth, England, PL7 5JX,

United Kingdom

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Latest Core Blue News

16 Underestimated Tech-Related Risks Businesses Need To Consider

Dec 9, 2021

| Membership (fee-based) getty Identifying, assessing and prioritizing risk—risk management—has been recognized as an essential part of running a business for a long while. As the reliance on technology grows across industries, tech-related risk management has become an especially important fixture of wise organizational planning. And it’s not simply a question of anticipating risks to the technology infrastructure itself; it’s also vital to consider the ways the everyday use of technology can introduce risks to companies’ valuable assets. Technology has come to play such a large role in day-to-day business operations that it can be a challenge to develop a comprehensive technology risk-management plan. Below, 16 industry experts from Forbes Technology Council share tech-related risks executives frequently overlook or underestimate. 1. Incomplete Testing And Remediation Executives often overlook the need for complete testing and remediation. This phase mainly occurs at the end of a project, and deadlines are usually the central focus. It is essential to allow developers time to test thoroughly, which mitigates risk. Testing and a remediation plan can avoid many issues that can result in liability—for example, security controls. - Warith Niallah , FTC Publications Inc. 2. Risk Accountability Most, if not all, companies assume some risks are involved. They treat it as the cost of doing business. But the root problem is that no person or group wants to be responsible for any risk-associated issues. This in turn creates the issue of risk accountability. Who will be held responsible—who will accept accountability and develop possible solutions to mitigate risk? - David Freeman , Red Coats, Inc. MORE FOR YOU 3. Data Risk Executives are conversant with financial risk, competitive risk, and human capital risk—but data risk? It’s often underexamined and undervalued. Data risk management can involve both downside risk avoidance and mitigation as well as upside data risk realization (including unstructured data analytics, driving decisions with data, knowledge management and reuse, and so on) Many organizations are woefully unprepared in both areas. - Sean Steele , Infolock 4. Physical Security Infrastructure Every year, millions of dollars are spent on cybersecurity. However, executives neglect their aging physical security infrastructure, which for the most part is siloed and outdated. Assessing the physical environment is crucial if you’re to protect essential data, equipment, assets and personnel. - Madhu Madhusudhanan , Oloid 5. Monetary Costs Of Various Cyberthreats Securities operations heads want to make sure that the company is doing a reasonable job of detecting, preventing and/or remediating known threats. Chief information security officers work to ensure that there is a concerted effort to detect, prevent or remediate emerging or novel threats. In both cases, enterprises should work to determine the dollar cost of the risk posed by each threat. - Rajesh Iyer , Capgemini Consulting 6. Hardware-Based Attacks People keep forgetting that all software eventually runs on a piece of hardware. Hardware-based attacks using the supply chain and internal abusers will dominate the future landscape of attacks, as they provide the easiest and most successful path to an enterprise’s crown jewels. While everybody is putting more and more locks on the door, the attackers get in through the window. - Bentsi Benatar , Sepio Systems 7. Technical Debt Technical debt is often a neglected aspect of technical planning because it’s a long-term issue—it will not crystallize as a risk in the immediate term, but it compounds over time. Speedy, affordable delivery can become expensive and grindingly slow over time when fundamental architectural and technology selection decisions are incorrect in relation to the long-term delivery roadmap. - Lewis Boyles-White , Core Blue Ltd 8. Employee Use Of SaaS Applications We’re seeing a massive surge in employees picking up software as a service apps and using them to solve their problems. While this is great, there’s not a lot of understanding by employees of what kind of data they should or should not place in these systems. As SaaS governance evolves, this will become an easier issue to track, but for now, there have to be clear guidelines on what kind of data shouldn’t be placed. - Mohammad Nasrullah , Integry 9. Lack Of Pen Testing  At earlier-stage companies, I think that penetration testing is often overlooked. It’s a time-consuming process, and it’s not cheap, since you typically want to hire an external vendor to conduct it. That said, I have found it to be extremely valuable in finding security loopholes and other vulnerabilities. - Erik Shani , Fyllo 10. Disaster Recovery Plans That Exclude Data Disaster-recovery planning often excludes data. Companies today cannot operate without their data—that includes both internal and external data (that is, customer data). Companies need to be able to set up shop in a heartbeat, especially with the global rise of and increase in computer attacks. There are many small things that companies can do themselves. - Greg Griffiths , UCROWDME (UK) LIMITED 11. Lack Of Change-Management Processes The impact of change management is an often-overlooked component of tech planning that affects risk. Even if an organization does not experience frequent change, the external environment can. From maintaining a good patch and vulnerability management program to dealing with cyberattacks, an organization’s resilience is dependent on effective change-management processes. - John Morris , UncommonX 12. Adoption Requirements Of New Technology Too little attention is paid to the onboarding/adoption requirements of new technology. As a result, usability is compromised as feature upon feature is added—implementation problems are discovered much too late in the roadmapping process. The risk is better managed by increasing testing, reviewing the ease of adoption and finding new or modified business processes needed for success. - David Arnowitz , Arnowitz Culture Agency 13. AI Bots Without A Proper Control System Executives should be aware of the potential security risks that come with the implementation of artificial intelligence. AI-enabled bots often access sensitive systems and information as part of an automation project. Without the proper control mechanisms, an attacker can exploit access to a bot to steal data or gain unauthorized access to systems and applications. - Shay Antebi , Kryon 14. Widening Technical Skills Gaps Technical talent is a scarce resource. But on top of that skill shortage, the widening skills gap should be an existential concern. The creation of technical debt caused by not investing in the migration of legacy systems is worsened by not having the skills in place to upgrade or maintain those systems. That companies don’t see reskilling and upskilling as imperatives is surprising and creates huge business risk. - Fahim ul Haq , Educative Inc. 15. Noncompliance With Data Governance Regulations The shift to hybrid/remote work has caused data governance complacency. Specifically, companies are compromising the enforcement of data protection in exchange for convenience. Nowhere is this more evident than in bring-your-own-device policies. Data governance and data loss protection should be a part of every company’s risk management plan, which requires close collaboration among the IT, legal and HR teams. - Matt Georgy , [redacted] 16. Vendors Rapidly growing tech companies often overlook vendor risk management best practices and standards, but they can be easily implemented by establishing data sharing and security practices and thoroughly vetting vendors. When planning for the future, continued monitoring and auditing are necessary to identify and evaluate potential risks throughout the life cycle of the vendor relationship. - Yu Lee , Kasasa Check out my  website .

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Core Blue Frequently Asked Questions (FAQ)

  • When was Core Blue founded?

    Core Blue was founded in 2016.

  • Where is Core Blue's headquarters?

    Core Blue's headquarters is located at 4 Sandy Court, Plymouth.

  • What is Core Blue's latest funding round?

    Core Blue's latest funding round is Grant.

  • How much did Core Blue raise?

    Core Blue raised a total of $340K.

  • Who are the investors of Core Blue?

    Investors of Core Blue include Innovate UK.

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