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FOMO is driving businesses to spend more on IT 

Ever feel like you’re racing to keep up with all the new tech out there? You’re not the only one. Businesses are spending more on software than ever before… and it’s in no small part due to “FOMO” – fear of missing out.

In fact, a recent report shows that 76% of businesses are bumping up their software budgets for next year, with many planning to increase their spend by 5 to 15%. 

Why? 

It’s simple: No business owner wants to feel like they’re falling behind while their competitors are jumping on the next big thing. So, businesses are investing in tools that they think will make them better, faster, and more secure.

Artificial intelligence (AI) is at the top of the list when it comes to the tech businesses want to invest in. This is because AI is making it easier to get stuff done; whether that’s automating routine tasks, crunching numbers, or even improving customer service.   

But on the flip side, AI is also putting new tricks up the sleeves of cyber criminals. Meaning that businesses are having to spend more on cyber security to keep their data safe.

The hardest part about buying software isn’t usually the actual purchase – it’s what comes after. Using new software takes planning, and everyone in the team needs to learn how to use it. If your team isn’t ready, even the best software won’t help you much.

This is why many businesses are also investing in training tools, such as learning management systems (LMS). This helps bring employees up to speed, so your new tech doesn’t just sit there collecting virtual dust.

It can be tempting to be one of the first to adopt all the latest tools. But moving too fast can lead to headaches. It takes time to figure out what software is right for your business and how to make it fit into your processes. Jumping in without a clear plan could leave you with a tool that’s more trouble than it’s worth. 

The good news is that many businesses are getting smarter about how they choose software, using reviews, testimonials, and recommendations from experts (like us) to make informed decisions.

If you’re feeling the pressure to invest in new tools, take a breath. Think about what your business really needs:

  • Do you want to improve efficiency?
  • Keep your business data secure?
  • Help your team work better?

Whatever the reason, make sure you choose tools that are in line with your goals and that your team is ready to use.

FOMO might be driving the trend, but that doesn’t mean you have to let it control your decisions.

We can help make sure the tech you invest in pays off for your business in the long run. Get in touch.

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How to create secure passwords

How to create secure passwords

Apr 28, 2025 |

Weak passwords are one of the biggest security risks to your business.
Why?
Because cyber criminals are getting smarter than ever before. If they manage to crack just one password, they could gain access to your sensitive business data, financial information, or even gain control of your entire system.
Cyber criminals use automated tools to guess passwords, allowing them to try out millions of combinations in seconds. So, if you’re using something like “Password123” or “CompanyName2025”, you’re practically handing them the keys to your business.
A compromised password can lead to big issues, such as:
• Data breaches
• Financial losses
• Identity theft
• Reputation damage
But how do you create strong passwords without driving yourself (and your team) mad?
Think of your password like a secret recipe, where only you should know the ingredients. It should:
• Be at least 14 characters long (the longer, the better)
• Include a mix of uppercase and lowercase letters
• Contain a few numbers and symbols (like @, $, %, or &)
• Not contain any common words or easily guessable information (like birthdays, names, or the word “password”)
Instead of using a single word, you could try a passphrase – a short, random sentence that only you would understand. For example, instead of “Sailing2025”, try something like “Coffee&CloudsAreGreat9!”. This is much harder to crack, yet still easy to remember.
You should also steer clear of these common mistakes:
• Using personal info (your name, birthday, business name, etc.)
• Reusing the same passwords across multiple accounts
• Using simple sequences (“123456” or “abcdef”)
• Storing passwords in an easily accessible place (like a sticky note on your desk)
If remembering unique passwords for every account sounds impossible, there is another option: Password managers. These generate strong passwords, store them securely and autofill them for you.
With a password manager, you only need to remember one strong master password for the manager app itself. The rest are encrypted and stored safely, reducing the risk of data breaches.
Even the strongest password isn’t foolproof, which is why multi-factor authentication (MFA) is also important. MFA requires a second form of verification, like a one-time code sent to your phone or generated from an authentication app.
If you have employees accessing your business systems, it’s a good idea to have a password policy in place to explain your rules and why they’re important. This should include:
• Unique passwords for each system and account
• Regular security training on password best practices
• Business-wide use of MFA for critical systems
• Scanning for compromised passwords regularly
By making password security a priority, you can reduce the chances of a cyber attack creating a nightmare for your business.
And if you need help making your business more secure, get in touch.

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