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The World Economic Forum's Global Risk Report for 2021 placed cybersecurity failure among the greatest threats facing humanity within the next ten years. Clearly, in this climate, and since many jumped into the world of cyber operations without adequate preparation, cybersecurity is now a critical priority.
Hybrid work is emerging as a norm, especially for companies who have a mix of workers whose job requires coming into the office, and those who are able to accomplish their work at home. This hybrid workforce is expected to become more prevalent as 75% of workers want to retain flexibility over their schedule beyond the pandemic. To get some insight into how security executives executives can implement consistent security practices for the new hybrid workforce environment, we spoke to Michael Borromeo, Vice President, Data Protection at Stericycle, the provider of Shred-it information security services.
Education is particularly attractive to criminals because of the vast amount of valuable data it holds: student and staff information, supplier information, alumni databases, and research data - so, as security experts, what’s to be done to help schools secure their endpoint devices?
As pharmaceutical companies and healthcare organizations turn their attention from the development to the deployment of coronavirus vaccines, well-resourced cybercriminals are hotly following suit. The vaccine supply chain is rife with logistical complexities making the enormously valuable data on the various vaccines deeply attractive to threat actors. In fact, cybercriminals are already attempting to steal vaccine formulas and disrupt operations.
Technologies such as occupancy management, automated visitor management and touchless access control applications are increasing in demand – turning up the dial on interoperability as organizations seek to deploy best of breed solutions. To power these technologies, Artificial Intelligence (AI), cloud storage and the Internet of Things (IoT) are driving new functionalities and new uses from existing technologies to deliver customized applications for pandemic related health, safety and security issues. While this year might bring a number of uncertainties, we remain confident that the industry will continue to see growth and demand for these trends.
Mass shootings in the U.S. have increased despite widespread closures of schools, businesses, and many public places due to the coronavirus pandemic. There were 615 mass shootings in 2020 resulting in 521 deaths and 2,541 injuries. Compared to the previous year, there were 181 more incidents. The stress of the COVID-19 pandemic, job loses, unemployment, and the economic crisis is a potential for a disaster which could lead to an increase of violence at the workplace. The recent spike in gun incidences and stolen weapons across the United States is alarming. Businesses need to take heed and increase security measures to protect their employees and staff.
International SOS recently released its Risk Outlook report, unveiling the top security risks for the international workforce in 2021. Here, we talk to Jeremy Prout, Director of Security at International SOS, to discuss how to protect the workforce against the top risks found within the report.
2020 and COVID-19 taught us a few things in the security industry: the importance of security awareness, speed of deployment is not always a good thing, and assuming new levels of risk such as “remote work force”. With so many challenges still on the horizon, here are some of the key topics to have on top of mind:
An example of how businesses are benefitting from integrated cloud-based systems would be in the retail industry. Retail end users have integrated their security camera network, heat-mapping and video analytics technology with a cloud-based system so they can remotely monitor who is in their store. The heat-mapping and analytics technology also showcases where customers are spending the most time in their store, providing retailers with insight as to where they can place specific item displays or promotional items. This information can also be used to inform on if a specific location in a store needs additional signage to encourage social distancing, or even if it needs increased camera coverage within a store. The practical applications of integrated cloud-based systems and other security technology are nearly endless.
If the experiences of 2020 taught us anything, it’s that risk in the modern world cannot be understood or sufficiently mitigated with a siloed approach. Individual threats, such as regulatory risk and IT security, converge. Lacking a high-level view, it’s difficult to see the web of cause and effect – making it more difficult to anticipate, prepare, or mitigate the biggest risks. 2020 may be over, but the challenges remain in 2021. Compliance and risk management will need a shared umbrella of information and communication to tackle the complex, integrated risks of today’s landscape.
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