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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.
Governor Andrew M. Cuomo announced more than $17 million in federal funding has been awarded to 178 nonprofit organizations facing an increased risk of terrorism to strengthen the security of their facilities as well as enhance their overall preparedness.
The Transportation Security Administration (TSA) has completed installation of new acrylic barriers at security checkpoints throughout Las Vegas McCarran International Airport (LAS) in the agency’s ongoing efforts to prevent the spread of COVID-19.
The use of facial recognition technology by British police force was ruled unlawful by the Court of Appeal in a case brought by a civil rights campaigner.
The shortage of skilled information security practitioners continues to grow around the globe. Based on 200 IT executives and contributors who primarily serve in information or IT security roles, this new research found that in the United States, for organizations with at least 500 employees, the average number of open positions enterprises are trying to fill is 1,324. For the largest percentage of respondents in this survey, that number increased between 1 percent and 25 percent over the last year, although that increase is higher for large enterprises.
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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