The unfolding COVID-19 crisis has been the most significant test of the world’s internet infrastructure to date. With employers and schools moving to remote environments, the expectation was that the expanded use of Software-as-a-Service (SaaS) tools like video conferencing would lead to crippling levels of web traffic. On top of that, experts anticipated the increase in internet use would prompt a corresponding rise in network attacks from cybercriminals. Many in the industry were concerned that the internet would not be able to sustain these unseen levels of duress.
While cyber threats continue to be a massive drain on business productivity, there is another, less obvious vulnerability: unintentional employee error. Indeed, a majority of businesses say that simple human error is their leading cause of data loss.
Here, we talk to Mohit Tiwari, CEO and co-founder of Symmetry Systems, about the current threat landscape, the role of CISOs and the unique challenges COVID-19 and work-from-home (WFH) pose to CISOs and security teams.
Regardless of industry, no company can escape the widespread reach and impact of data. Whether a company is collecting account information from customers or aggregating platform usage data, handling large amounts of data has become the norm. While this creates boundless new opportunities for businesses in analytics and real-time decisioning, it also introduces new risks that organizations need to consider and prevent where possible.
In a new study published by AdvisorSmith, it found that among the top 25 highest paying jobs for bachelor degree holders, number 18 on the list was Security Analysts. The study also found that information security analysts earned an annual median salary of $99,730.
As the pandemic continues to interrupt business as usual, companies are exploring new ways to cope with both the mandated and voluntary restrictions to their operations. One way in which business models have adapted to keep costs under control is by utilizing more lone workers for opening, closing, third shifts, curbside deliveries and other customer interactions outside of the premises. While this has helped many organizations trim costs, it has also exposed lone workers to greater risks.
Banks, like other businesses, are taking precautions to make customers feel safe during the COVID-19 pandemic. Placing physical distancing markers on the floor, sanitizing ATMs, installing plexiglass partitions at teller booths and requiring scheduled appointments are just some of the ways financial institutions are mitigating risks for customers. Video surveillance can play a vitally important role right now, as banks look to ensure compliance with these new COVID-related safety measures. IP cameras with intelligent security analytics can help rapidly and accurately detect compliance issues, as well as other suspicious or atypical behavior. After all, banks must continue to monitor physical security even throughout the pandemic and today’s IP cameras with intelligent system-on-chip (SoC) technology can help lessen this burden with highly accurate notifications.
The South African government published a draft code of good practice on the prevention and elimination of violence and harassment in the workplace and covers a number of areas including sexual harassment and online bullying. The code applies to all business sectors both public and private across across the country.
The year 2020 has served up some unprecedented challenges for the human race in every aspect, with wireless connectivity more important than ever. Particularly as millions continue to work and learn remotely, our connected world of devices, vehicles, homes and cities is expanding exponentially. According to a report from GSMA and ABI Research, the number of mobile subscriptions worldwide had already reached 8.1 billion by 2017 at an annual growth rate of 5.4 percent. It’s now predicted that by 2025 the number will increase to 9.8 billion, with 3G and 4G representing 51 percent of total subscriptions and 91 percent of the total traffic generated, while 5G subscriptions are expected to exceed 849 million.
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