Security & Business Resilience

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Every organization has hundreds of applications and databases, and its employees access them every day using their credentials (that is, their username and password). An attacker with such valid credentials can bypass existing security solutions, as they look like a legitimate user. As per the Verizon Data Breach report in 2016, more than 63% of successful breaches involved compromised credentials. Two-factor authentication (2FA) provides an added layer to the existing credential-based system protection as a solution to this drastically growing problem. As such, in this article, we will cover the following two topics: What is 2FA and Blockchain for 2FA.

In the past year, COVID-19 has had a larger impact on work habits and security environments than any other health emergency in memory. That combined with technological advances such as 5G has led to several trends we expect to see in this New Year. Here then are our top ten:

A new whitepaper report from Dataminr and Forrester Consulting has found that 40% of global risk and compliance decision-makers are improvising risk management. Titled Risk In A Real-Time World, the study surveyed 410 global risk and compliance decision-makers across the U.S., U.K., Australia and New Zealand to evaluate current risk management priorities and practices, and how real-time information is used in risk management and crisis response.

Virginia becomes the first state in the U.S. to permanently enact COVID-19 workplace safety and health standards. In addition to requiring all public-facing employees to wear masks, the standards ensure ready access to hand sanitizer and the regular cleaning of common work spaces. Employers must train employees on COVID-19 safety and to develop infectious disease and preparedness response plans. The new permanent regulations include guidelines for returning to work and communicating about employees who test positive and potential exposures.