One of the most rewarding parts of my job, as Editor of Security magazine, is the opportunity to speak with our readers. I recently had the pleasure to speak with Whit Chaiyabhat, staff vice president, crisis manager, for FM Global, one of the world’s largest commercial and industrial property insurers.
The year 2018 is coming to a close, and that means many of you may soon consider a move from one employer to another. The question is whether it will be a voluntary change or a shift due to circumstances beyond your control.
The G20 summit is coming to Argentina on Friday, and this could mean big news for the security industry, as President Donald Trump and Chinese leader Xi Jinping are expected to meet regarding the ongoing trade war between the two countries.
In 2017, the financial impact of cyberattacks reached $5 billion and the monthly attack rate was 10-times the rate of attacks in 2016. The industrial and personal reliance on the U.S. power grid makes the impact of a successful attack troubling.
What is the point of spending time, resources and money on your security program if you can’t tell whether it’s working or not? It’s just as important to establish the right metrics for a security program as it is to have such a program in the first place. We often say “not everything that gets measured matters, but what matters absolutely should get measured,” and that is just as true for security as any other critical business function. So how should organizations go about measuring the effectiveness of their security program?
Fifty-six percent of organizations experienced a data breach involving more than 1,000 records over the past two years, and of those, 37 percent occurred two to three times and 39 percent were global in scope, according to Experian.
As the Internet of Things (IoT) grows and cyberthreats become more sophisticated and prevalent, it’s more important than ever for security companies to understand the cybersecurity landscape and have strong cybersecurity postures. The security industry is recognizing the urgency of this issue, too – in the Security Industry Association’s (SIA’s) research to forecast the 2019 Security Megatrends, cybersecurity was identified as the standout trend shaping the security industry.
There was a time when the corporate security team was responsible for setting the policies for overall security within an organization including digital. Today, those responsibilities are likely to be separated between a Chief Security Officer (CSO) and a Chief Information Security Officer (CISO). This brings into play the views, opinions, needs and requirements of both the CSO and the CISO and the potential conflict that may ensue.
Technology, customer service and new offerings are shaking up the traditional concept of a security officer’s role. Learn about how the guarding industry is shifting to fit enterprise security leaders’ changing expectations in our Annual Guarding Report. Don’t miss our 2018 Top Guarding and Security Officer Firms list in the cover story, as well as articles on outstanding duty of care programs, cloud security responsibilities, and how to cope with mergers and acquisitions.