Education
New Year, New Risks for IT & Data Security
The COVID-19 pandemic has changed everything about the world as we know it. Just as we started embracing new practices like sanitizing, social distancing, and remote working, the pandemic has also forced us to embrace systemic changes in the ways we deal with cyberthreats. The FBI has reported an increase in cyberattacks to 4,000 per…
Read More First Step to Compliance: A Thorough and Accurate Risk Assessment
Complying with data privacy and protection regulations wouldn’t give several business owners sleepless nights if it only meant installing a predefined list of security solutions. Compliance goes way beyond this and for good reason. In principle, regulators, local or international, want businesses to: assess the type of data they store and manage gauge the potential…
Read More Fines, Penalties and Violations! Oh My!
Global data protection regulations (new or updated) are being enforced aggressively, resulting in a tsunami of hefty fines and penalties handed out to violators. The majority of these violations are a result of the failure to conduct regular risk assessments, which form an integral part of the ‘appropriate measures’ a business must take to ensure…
Read More Making Ongoing Risk Management an Operational Standard
No business today is 100 percent secure from cyberthreats and more businesses are waking up to this reality now than ever before. It’s no wonder cybersecurity investment in 2020 is pegged to grow by 5.6 percent to reach nearly $43.1 billion in value.1 With cyberattacks surging due to widespread remote work and increased online interactions…
Read More Do You Know Your Digital Risk?
Rapid technological advancement and rising global connectivity is reshaping the way the world is functioning. From higher productivity to improved customer satisfaction, technology has played a critical role in the growth of businesses across the world. However, the consequential bad news is that technological advancements have also made organizations increasingly vulnerable to digital risks. However,…
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