The Internet of Things (IoT) is transforming our homes, businesses and public spaces – mostly for the better – but without proper precautions IoT devices can be an attractive target for malicious actors and cyberattacks. Security threats involving IoT devices often stem from the fact that many IoT devices usually have single-purpose designs and may lack broader capabilities to defend themselves in a hostile environment. For example, a door bell, a toaster or a washing machine frequently do not contain as much storage, memory and processing capability as a typical laptop computer.
A popular tourist attraction in central Japan, the Iga-ryu Ninja Museum was broken into by thieves who opened an office safe and took more than one million yen in cash.
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.
How can security executives prepare for natural disasters such as hurricanes during these times of the coronavirus pandemic? When coupled with the ongoing and unprecedented business disruptions we’re already experiencing, an intense hurricane season is already proving to be a very challenging crisis to plan for.
After reports of increased death rates nationwide due to drug overdoses, New York Gov. Andrew Cuomo signed a bill this week to allow commercial businesses, including hotels and restaurants, to be able to administer opioid antidotes to customers without fear of lawsuits.
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.
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