Relying on outdated fraud prevention and identification measures will no longer cut it, and businesses that don’t adapt will lag. As people continue to work, collaborate and socialize via their mobile devices, businesses must equip themselves with technology and tools that will prioritize fraud prevention. If not, companies risk losing their customers to those who have invested in more robust solutions.
COVID-19 has accelerated a variety of global trends. Some of these are perhaps ultimately good, for example moves towards more investment in AI and automation, or a growing focus on taking this opportunity to making lasting changes to benefit the environment. Many others are, however, quite concerning. Continued threats to the global order, the likelihood of states testing the resolve of the new U.S. administration, and increasingly polarized populations are all factors that will dominate 2021.
As organizations bring their employees back to the workplace, many are looking to leverage location technology as a means to increase safety. Return-to-work solutions ranging from digital contact tracing and social distancing monitoring to sanitation alerts and occupancy analytics are being explored and embraced in varying degrees around the world. However, it’s imperative that any technology deployed works a double shift to also provide value in the post-pandemic times. The same location technology infrastructure used to address infection prevention and mitigation can be used to complement and enhance traditional security efforts.
As we have done in previous years, the Security magazine team compiled our favorite articles from this year. As we head into 2021, we hope you take a moment to review some of 2020’s top articles about lessons learned, thought leadership, security challenges and good practices.
The rise of high-profile data breaches and the implementation of data privacy laws have raised awareness that businesses and institutions rely on consumer information. While there is no single, comprehensive U.S. federal data privacy law, there are enough industry-specific compliance regulations in force in addition to HIPAA, the Fair Credit Reporting Act, the Gramm-Leach-Bliley Act, the Children's Online Privacy Protection Act, and a growing number of state privacy laws, that every organization needs to step up and recognize how subject rights requests fit into its data protection and cybersecurity policies.
Meet Issak Davidovich, Vice President of Research and Development at C2A Security. According to Davidovich, the implementation of driver assistance technologies and cybersecurity goes hand-in-hand, and the auto industry is taking its first steps on creating in-vehicle security standards. Here, we talk to him about what this means for automotive cybersecurity.
The talent war is real, the strength in numbers favors our opponent, we now have the original digital transformations we were planning pre-COVID, and now we have additional transformations that we have to take on to enable a distributed workforce that was previously never a consideration. There simply are not enough properly equipped resources to meet global demand, and even then, an organization is only as strong as its weakest analyst. The adversary knows that and, leverages the vulnerabilities in human behavior to advance their position in the “infinite game” of cyber warfare.
If you were in an IT-related field 10 years ago, the term “Shadow IT” might strike fear into your heart. In case you missed it – or blocked out the bad memory – that’s when business SaaS emerged, enabling lines-of-business (LOB) teams to buy their own turnkey software solutions for the first time. Why was it called “Shadow” IT? Because IT security teams typically weren’t involved in the analysis or deployment of these Saas applications. IT security often didn’t find out about the apps until something went wrong and they were called in to help – and by that point, data, apps and accounts had sprawled across the cloud.
Despite their preference for remote work, Millennials and Gen Zers experience more technological issues, struggle more with password management, and are far more reckless in their online activity than older demographics. Not only do these younger employees create more work for IT teams and service desk personnel, but they also pose as significant cybersecurity liabilities for corporations.