As we enter the digital economy, companies will quickly realize that the differentiator in the digital economy is information and information being a valuable resource is subject to theft, hacking, phishing and a host of other issues which compromise a company’s ability to participate in the digital economy. Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the digital economy. It is up to every company to ensure that the information shared with them is protected to the best of their ability and proactively notify persons and organizations who entrust their information necessary to transact business (any personal identity information including but not limited to addresses, credit card information, social security numbers, account information, credit information, medical records, etc.) with any potential compromises which can yield harm to them by that information either being used maliciously or shared with others.
The digital economy is different than other versions of commerce because in the digital economy, information is the lifeblood of digital commerce that passes through the hands of many platforms involved in a digital event. Each of these platforms are an opportunity to wreak havoc on your well-intended but incomplete intents to protect the information contained within the network you control. In the digital economy, it is not only the network you control, but the platforms that touch the personal data entrusted to you as a means of enabling digital commerce, and several techniques have begun to emerge to protect personal information contained within your information domain and the domain of platforms participating in digital commerce.
Because the life blood of the digital economy is information, information hacked in the digital economy is akin to shrinkage in the legacy economy. Both are means to directly attack your bottom line, whether it is redirecting customers elsewhere because they don’t trust your privacy program, ransomware which makes your site or one of your partner platform sites dangerous to use or some other reason which challenges your ability to participate in the digital economy. Shrinking the potential market share because of information safety and security challenges is a disruption, making cyber-security a disruptive activity, particularly if it is not dealt with swiftly.
If your cyber-security program is focused entirely on protecting the information housed in your four walls, you have exposed yourself to problems you will have difficulty in identifying both the source and the entry point of these issues.
Public Relations Campaign for SecureWorks for IMC 618: PR Concepts & Strategy. Campaign is focused on increasing brand awareness among both big and small businesses as well as potential investors.
The document discusses the growing security challenges faced by organizations and the need to close the gap between security (SecOps) and IT operations teams. It notes that the volume and complexity of cyberattacks have increased significantly. However, current security tools, processes, and teams are often unable to keep up due to a lack of integration and coordination between security and operations groups. This results in security vulnerabilities not being addressed quickly enough, leading to potential data breaches and other security incidents. The document argues that automating security and operations workflows can help eliminate inefficiencies and prioritize the remediation of the most critical issues.
Analyst Report: The Digital Universe in 2020 - China
This IDC Country Brief discusses China, where the amount of data created, replicated, and consumed each year will grow 24-fold between 2012 and 2020, according to the 2012 IDC Digital Universe study, sponsored by EMC.
Baker Tilly Presents: Emerging Trends in Cybersecurity
Presented at the 29th Annual FMA Conference
Topics:
> Raise awareness of the emerging trends in cybersecurity, such as the threats and the potential cost that a breach could have on your organization
> Establish an understanding of what your organization and board can do to reduce the likelihood and impact of a breach
> Identify key characteristics and aspects within an incident/breach response plan and how this plan will reduce the impact of the unfortunate event
ThreatMetrix provides context-based authentication and a global federated trust network to help secure remote workforce access for enterprises. It analyzes login contexts and compares them to data from a global network of over 2,500 customers to identify high-risk connections. This allows businesses to streamline access for trusted users while detecting anomalies and reducing security risks, without overburdening legitimate users. The federated trust network grows more powerful as more customers contribute anonymous identity and transaction data.
This document discusses mobile malware threats facing enterprises. It begins by providing background on the rise of BYOD policies and the security challenges they pose. It then discusses the growing risk of mobile malware, citing statistics on its rapid growth rate and prevalence in apps. The document outlines common types of mobile malware like adware, spyware, and phishing. It explains how these threats can compromise enterprise data and infect networks through BYOD devices. It emphasizes the need for enterprises to adopt comprehensive security solutions to protect corporate data on personal mobile devices.
- Cybersecurity spending has grown significantly over the past decade, from $3.5 billion in 2004 to an estimated $120 billion in 2017, driven largely by increasing cybercrime.
- Many large companies have significantly increased their cybersecurity budgets in response, including Bank of America which has an unlimited budget for cybersecurity, JPMorgan Chase which doubled its budget to $500 million, and Microsoft which invests over $1 billion annually.
- However, small and medium businesses are particularly vulnerable as they bear 72% of cyber attacks but often lack the resources of larger companies to implement robust cybersecurity programs. Highground Cyber aims to help small and mid-market CEOs protect their companies through comprehensive cybersecurity solutions.
1) The retail sector has been hit by a series of cyber attacks over the past few years that have compromised customer data at large companies like Target and Neiman Marcus.
2) Current cybersecurity approaches are too slow and reactive, focusing on malware after attacks occur rather than proactively detecting threats.
3) Behavioral cyber defense monitoring could have detected the abnormal behaviors of attackers on Target and Neiman Marcus' networks before data breaches occurred.
This document discusses intelligence driven fraud prevention strategies. It notes that fraud prevention has become more complex due to evolving threats from cybercriminals. An intelligence driven approach uses visibility, analytics, and risk-based authentication to balance security, user experience, and organizational risk tolerance. The approach analyzes user behavior and device data across channels to detect anomalies and take targeted action.
Public Relations Campaign for SecureWorks for IMC 618: PR Concepts & Strategy. Campaign is focused on increasing brand awareness among both big and small businesses as well as potential investors.
The document discusses the growing security challenges faced by organizations and the need to close the gap between security (SecOps) and IT operations teams. It notes that the volume and complexity of cyberattacks have increased significantly. However, current security tools, processes, and teams are often unable to keep up due to a lack of integration and coordination between security and operations groups. This results in security vulnerabilities not being addressed quickly enough, leading to potential data breaches and other security incidents. The document argues that automating security and operations workflows can help eliminate inefficiencies and prioritize the remediation of the most critical issues.
Analyst Report: The Digital Universe in 2020 - ChinaEMC
This IDC Country Brief discusses China, where the amount of data created, replicated, and consumed each year will grow 24-fold between 2012 and 2020, according to the 2012 IDC Digital Universe study, sponsored by EMC.
Presented at the 29th Annual FMA Conference
Topics:
> Raise awareness of the emerging trends in cybersecurity, such as the threats and the potential cost that a breach could have on your organization
> Establish an understanding of what your organization and board can do to reduce the likelihood and impact of a breach
> Identify key characteristics and aspects within an incident/breach response plan and how this plan will reduce the impact of the unfortunate event
ThreatMetrix Profile in March 2014 CIO ReviewThreatMetrix
ThreatMetrix provides context-based authentication and a global federated trust network to help secure remote workforce access for enterprises. It analyzes login contexts and compares them to data from a global network of over 2,500 customers to identify high-risk connections. This allows businesses to streamline access for trusted users while detecting anomalies and reducing security risks, without overburdening legitimate users. The federated trust network grows more powerful as more customers contribute anonymous identity and transaction data.
Mobile malware and enterprise security v 1.2_0Javier Gonzalez
This document discusses mobile malware threats facing enterprises. It begins by providing background on the rise of BYOD policies and the security challenges they pose. It then discusses the growing risk of mobile malware, citing statistics on its rapid growth rate and prevalence in apps. The document outlines common types of mobile malware like adware, spyware, and phishing. It explains how these threats can compromise enterprise data and infect networks through BYOD devices. It emphasizes the need for enterprises to adopt comprehensive security solutions to protect corporate data on personal mobile devices.
Nowadays the payment fraud landscape is changing quite fast. Changing from classic schemes as bank cheque fraud, faked manual payment orders to organized crime with corporates as targets
Security weekly september 28 october 4, 2021 Roen Branham
Watch the full episode on Youtube: https://youtu.be/Tl3pVMaCN60
Security weekly september 28 october 4, 2021
We review the Cyber Security news events that happened from September 28 - October 4, 2021.
The document is a report from IBM analyzing cyber attack data from 2014. Some key findings include:
- Unauthorized access incidents nearly doubled from 2013 and accounted for 37% of all incidents in 2014, likely due to vulnerabilities like Shellshock and Heartbleed.
- Over 62% of incidents targeted just three industries: finance/insurance, information/communications, and retail.
- More than half of all attacks came from internal sources like employees or contractors, though most internal breaches were unintentional.
- The US was both the most attacked country and the origin of over half of all attacks due to its large size and internet infrastructure.
Internet Security Threat Report 2014 :: Volume 19 Appendices - The hardcore n...Symantec
Internet Security Threat Report 2014 :: Volume 19 :: Appendices
Hardcore data from Symantec’s Internet Security Threat Report.
Real number crunching on Threat Malicious Code, Fraud & Vulnerability trends including
Threat Activity Trends
• Malicious Activity by Source
• Malicious Web-Based Attack Prevalence
• Analysis of Malicious Web Activity by Attack Toolkits
• Analysis of Web-Based Spyware, Adware, and Potentially Unwanted Programs
• Analysis of Web Policy Risks from Inappropriate Use
• Analysis of Website Categories Exploited to Deliver Malicious Code
• Bot-Infected Computers
• Analysis of Mobile Threats
• Quantified Self – A Path to Self-Enlightenment or Just Another Security Nightmare?
• Data Breaches that could lead to Identity Theft
• Threat of the Insider
• Gaming Attacks
• The New Black Market
Malicious Code Trends
• Top Malicious Code Families
• Analysis of Malicious Code Activity by Geography, Industry Sector, and Company Size
• Propagation Mechanisms
• Email-Targeted Spear-Phishing Attacks Intelligence
Spam and Fraud Activity Trends
• Analysis of Spam Activity Trends
• Analysis of Spam Activity by Geography, Industry Sector, and Company Size
• Analysis of Spam Delivered by Botnets
• Significant Spam Tactics
• Analysis of Spam by Categorization
• Phishing Activity Trends
• Analysis of Phishing Activity by Geography, Industry Sector, and Company Size
• New Spam Trend: BGP Hijacking
Vulnerability Trends
• Total Number of Vulnerabilities
• Zero-Day Vulnerabilities
• Web Browser Vulnerabilities
• Web Browser Plug-in Vulnerabilities
• Web Attack Toolkits SCADA Vulnerabilities
This white paper examines the need for strong authentication and explores the return on investment that can be realized in order to help organizations move toward more effective security.
[Infographic] 7 Cyber attacks that shook the worldSeqrite
The document summarizes 7 major cyber attacks that shook the world:
1. In 2006, a data breach at the Veteran Administration exposed personal information of 26.5 million US military personnel.
2. The 2017 WannaCry ransomware attack spread to over 150 countries through unpatched Microsoft Windows systems, encrypting user data and causing $4 billion in damages.
3. Ransomware attacks are becoming more advanced and sophisticated over time.
4. A 2011 data breach at marketing firm Epsilon resulted in theft of email accounts and personal details from thousands of customers, causing $225 million in damages.
Digital businesses are difficult to launch and run even without the challenge of security. And yet, digital business strategies are also being used by hackers to systematically go after lucrative targets. Following up on our release of the 2015 NTT Group Global Threat Intelligence Report, this executive summary highlights key findings from the report that affect today’s digital businesses.
This document provides an overview of cyber threats and recommendations for building a career in cyber security. It identifies major cyber threats for 2016 such as ransomware, attacks on critical infrastructure and payment systems, vulnerabilities in applications like Adobe Flash, and threats to emerging technologies like automobiles and wearables. It also provides tips for exploring a career in cyber security, including starting with general IT jobs and skills, gaining practical experience through self-directed learning and certifications, and developing specialized technical skills.
Five Network Security Threats And How To Protect Your Business Wp101112Erik Ginalick
The document discusses 5 of the most costly network security threats faced by enterprises: 1) botnets, 2) phishing, 3) malware, 4) distributed denial of service (DDoS) attacks, and 5) increasingly sophisticated attacks. It recommends implementing key layers of control through network perimeter protections, cloud-based security services, mobile device security, and partnering with a managed security provider to help prevent threats and do more with less.
Application security meetup data privacy_27052021lior mazor
"Application Security Meetup - Data Privacy", hear about Data Protection and Privacy in Modern times, recent Cyber Fraud attacks and data theft, and practical methods of implementing Data Protection in the process development life cycle.
RSA Monthly Online Fraud Report -- February 2014EMC
This report discusses the latest global trends in phishing and cybercrime. In January, phishing losses to global organizations is estimated at $387 million.
Digital security is compromised as personal and company information and medical devices can be accessed without consent. Over half of smartphone users are worried about security on their devices as advancing technology has not increased trust in security. Location data and personal information can be tracked by apps even when privacy settings restrict access or the app is not in use, and this collected data may be sold without disclosure.
This document discusses the importance of digital security in the classroom. It outlines how students and schools can be vulnerable online through theft, hacking, bullying and other issues if basic security practices are not followed. The document recommends that schools monitor and update their computer systems, networks and security software. It also suggests that students learn good password habits, back up their data and be aware of digital etiquette to help create a secure digital learning environment.
Powerpoint presentation created for a workshop hosted by CASLIS-Ottawa, "Connecting with Our Clients: Marketing and Communicating Information Services". January 12 2009.
With constant security threats like spyware and phishing, its important that you keep on top of your digital security. Check this piece out to find ways that you can ensure that your company's digital defenses are fortified.
University of Missouri - Saint Louis Cyber SecurityMaurice Dawson
This presentation discusses UMSL's cyber security program which is currently the only and first NSA & DHS CAE in cyber security education in the St. Louis Metropolitan Region.
This document outlines strategies for promoting online safety for children and young people. It discusses training children and teachers on appropriate online behavior, blocking inappropriate content, and ensuring internet providers protect children. It also recommends consistently updating antivirus software, monitoring student online activities, establishing clear rules for home and school internet use, and reviewing school policies each semester.
Smartphones for safety: digital technologies and the refugee’s journeymysociety
This was presented by Anamaria Topan from the University of
Innsbruck at the Impacts of Civic Technology Conference (TICTeC2016) in Barcelona on 27th April. You can find out more information about the conference here: https://www.mysociety.org/research/tictec-2016/
This document provides an overview of digital product security. It discusses common cyberattacks against businesses, security issues in product development processes, and tips for developing software with security by design. It emphasizes starting with secure requirements, using static analysis, dynamic testing, and manual reviews. Following secure SDLC practices and continuous integration of security tools can help improve security, reduce costs, and better satisfy security audits.
This document summarizes the key topics covered in Chapter 5 of Discovering Computers on digital safety and security. It defines digital security risks and types of cybercriminals. It describes various internet and network attacks and ways to prevent unauthorized computer access. It also discusses techniques used to protect against software piracy, the use of encryption and digital signatures, and issues around information privacy, accuracy, and ethics.
Cyber Security in the Digital Age: A Survey and its AnalysisRahul Neel Mani
This document summarizes the results of a cyber security survey conducted by Core Quadrant in 2016. The survey gauged the preparedness of organizations in India on issues related to cyber security. Key findings included:
- CISOs felt that external and internal threats as well as compliance needs had increased compared to the previous year. Cyber threats to infrastructure, applications and digital applications were also seen as increasing.
- There was a gap between CFO and CISO perspectives on the alignment of cyber security strategy with business and IT strategies. CISOs also rated CISO leadership traits like influencing skills lower than CFOs.
- Common challenges cited were unclear roles and accountability as well as the need for a holistic security plan
Agility, Business Continuity & Security in a Digital World: Can we have it all?Ocean9, Inc.
Significant business opportunity and value is created w/in our increasingly connected Digital World. The upside is tremendous! – But wait a minute, what about business continuity and security? And how do I stay nimble?
Securing processes that span from sensors to corporate systems in an always on world, is a formidable challenge. Point solutions are not enough. Intelligent and automated business continuity, disaster recovery and security solutions are a must to keep up with the digital processes that are changing rapidly.
This webinar will highlight leading architectures and approaches for Cloud Security as well as BCDR.
Listen to the full webcast here: http://bit.ly/2jndCq0
PSFK Presents the Future of Digital Safety & SecurityPSFK
Get the Future of Digital Safety and Security: www.psfk.com/report/future-digital-safety-security
As the importance of digital life grows, so too does the risk of having personal data breached, mismanaged or stolen. This is particularly important in the payments space, where forward thinking companies are developing new ways to protect the safety, security, and privacy of their consumers, and offering greater controls and transparency around personal information to foster trust in both the digital and physical world.
The Future of Digital Safety and Security is a guidebook created by PSFK Labs in partnership with MasterCard in an effort to explore the key issues consumers are facing in the world of digital safety and security. The goal is to give consumers a look at important developing trends in this space, and to provide actionable ideas people can take to stay one step ahead of the curve.
Featured within the 40+ page report, readers can find:
- 9 ways companies are making digital life more secure
- 8 core needs for the modern consumer
- Unique user scenarios built around the newest trends
- Perspectives from leading security experts across the globe
If you are interested in seeing a presentation of this report or would like to understand how PSFK can help your team ideate new possibilities for your brand, contact us at sales@psfk.com
Ver. 1 | Published October 2015
All rights reserved. No parts of this publication may be reproduced without the written permission of PSFK Labs.
Read our cybersecurity predictions for 2017: http://researchcenter.paloaltonetworks.com/tag/2017-predictions/
These predictions are part of an ongoing blog series examining “Sure Things” (predictions that are almost guaranteed to happen) and “Long Shots” (predictions that are less likely to happen) in cybersecurity in 2017.
Presentation on personal digital security for the Overseas Security Advisory Council (OSAC) Bureau of Diplomatic Security - United States Department of State.
My books- Hacking Digital Learning Strategies http://hackingdls.com & Learning to Go https://gum.co/learn2go
Resources- http://shellyterrell.com/QUEST16
The cyber security job is everyone's business including the Board of Directors, even without a cyber security degree. Recent cyber security news proves that. According to several studies, Boards are getting it wrong and are leaving cyber awareness and risk management in the hands of the CEO, CISO, CTOs and cyber security companies. In a sense they are abdicating their responsibility to the shareholders. This slideshare proposes 7 questions every board should be asking their company executives abour IT security. They're not necessarily all encompassing and don't take the place of real cybersecurity training, but will drive the discussion to better and more complete understanding of strategic risk. Questions cover the basics of cyber security training, cyber policies, who briefs and when at board meetings. Thanks.
Personal Digital Security (JavaZone Academy 2017)Michael Johansen
The document discusses personal digital security and passwords, providing steps on how to properly secure accounts and devices using methods such as two-factor authentication, a password manager, full disk encryption, and privacy focused browser extensions. It also highlights risks like reusing passwords, not using two-factor authentication, and being hacked by having personal information exposed through insecure accounts.
This document discusses digital security and provides information on protecting computers and networks from online threats. It explains that computers connected to the wireless internet without firewall protection are vulnerable to hackers. It also discusses how digital security companies like Symantec and McAfee provide antivirus software, firewalls, and other tools to protect against viruses, spyware, identity theft, and other cyber threats. Maintaining up-to-date software and educating students on safe online practices are presented as important aspects of good digital security.
For digital media companies, effective cybersecurity programs a mustGrant Thornton LLP
In digital media trust is everything, without it your business model doesn’t work. Cybersecurity can be a key component, ensuring the integrity of your services. Check out this brief guide to securing your data.
The document discusses 5 of the most costly network security threats faced by enterprises: 1) botnets, 2) phishing, 3) malware, 4) distributed denial of service (DDoS) attacks, and 5) increasingly sophisticated attacks. It recommends implementing key layers of control through network perimeter protections, cloud-based security services, mobile device security, and endpoint compliance to effectively prevent and mitigate these threats. Outsourcing security functions to a managed security services provider can help organizations do more with less by avoiding in-house technology and staffing costs.
Cybersecurity in BFSI - Top Threats & Importancemanoharparakh
Cybersecurity has been the major area of concern throughout 2022 and now 2023 is all set to witness a new version of cyber-attacks with advanced technologies.
Updated Cyber Security and Fraud Prevention Tools TacticsBen Graybar
Nine people have been sentenced for their involvement in a $2.6 million income tax refund fraud scheme. The scheme involved using stolen identities to file fraudulent tax returns and collect refunds. Over 700,000 IRS files were breached, putting many people at risk of identity theft. Cybersecurity experts warn that cyberattacks now affect nearly every company, but many are not taking a proactive approach to prevention. Internal access controls are also challenging due to the rise of mobile devices and remote access.
Ways To Protect Your Company From Cybercrimethinkwithniche
The Federal Bureau of Investigation FBI saw a 217 percent increase in Cybercrime Reporting between 2008 and 2021. Last year, losses reached almost $7 billion. This is due to a highly skilled cyber-threat supply network that empowers threat actors with limited know-how and limited resources to put at risk personal, economic, and national security.
White Paper Example - Brafton for NIP Group.pdfBrafton
The document discusses the growing threat of cyberattacks faced by companies. It notes that cyberattacks increased significantly during the COVID-19 pandemic as employees worked remotely on less secure networks. Common types of attacks discussed include ransomware, which encrypts files and demands payment, and phishing, which steals login credentials. The document recommends companies take proactive steps to strengthen cybersecurity through improved employee training, updated software, and business continuity planning.
The document discusses insider threats and how to mitigate them. It covers how insider threats can come from employees with malicious intent, but also from inadvertent actions like clicking a phishing link. Insider threats also include third party contractors who are given access to networks. The document provides recommendations for organizations to mitigate insider threats such as conducting background checks, monitoring unusual employee behavior, and escorting outsiders within the company's physical sites. It also discusses the ongoing threat of spam distribution of malware and how organizations need to ensure all users remain vigilant against phishing attempts.
The document discusses insider threats and how to mitigate them. It covers how insider threats can come from employees with malicious intent, but also from inadvertent actions like clicking a phishing link. Insider threats also include third party contractors who are given access to networks. The document provides recommendations for organizations to mitigate insider threats such as conducting background checks, monitoring unusual employee behavior, and escorting outsiders within the company's physical sites. It also discusses the ongoing threat of spam being used to distribute malware and how organizations need to protect their users from inadvertently enabling attacks through emails.
1
2
Cyber Research Proposal
Cybersecurity in business
Introduction
Because of today's international economy, securing a company's intellectual property, financial information, and good name is critical for the company's long-term survival and growth. However, with the rise in risks and cyber vulnerability, most businesses find it difficult to keep up with the competition. Since their inception, most companies have reported 16% fraud, 37.7% financial losses, and an average of over 11% share value loss, according to data compiled by the US security. Most corporations and governments are working hard to keep their customers and residents safe from harm. There are both physical and cybersecurity risks involved with these threats. According to a recent study, many company owners aren't aware of the full scope of cybersecurity. People who own their businesses must deal with various issues daily.
Nevertheless, steps are being taken to address these issues. Customers and the company are likely to be protected by the measures adopted. Cybersecurity is one of the most pressing issues facing organizations today. Leaks of a company's intellectual property and other secrets may have devastating effects on its operations, as competitors and rivals will do all in their power to stop them. is an excellent illustration of this. This is perhaps the most talked-about security compromise of the year [footnoteRef:3]. The firm was severely damaged because of this. [1: "Database security attacks and control methods."] [2:q "Comprehending the IoT cyber threat landscape: A data dimensionality reduction technique to infer and characterize Internet-scale IoT probing campaigns."] [3: "The Equifax data breach: What cpas and firms need to know now." ]
Some individuals take advantage of clients by stealing highly important information to profit financially from their actions. For example, if the wrong individuals get their hands on your credit card information, you're in serious trouble since you might lose money. Some families lose all their resources, while others are forced to declare bankruptcy after being financially stable for a long period. Many of the findings of this study will be focused on cybersecurity and the sources of cybersecurity risks. The paper outlines a few of the issues and solutions that organizations may use to keep their operations and consumers safe from exploiting dishonest individuals.
Research question
According to the most recent study, more than 1500 companies have been exposed to some cybersecurity assault[footnoteRef:4]. This research details the specific types of attacks that have occurred. Organizational operations are affected, as is corporate governance, and the internal management of financial status is rendered ineffective due to these assaults. The question that will be investigated during the study is: [4: "Towards blockchain-based identity and access management for internet of things in enterprises."]
How doe ...
1
2
Cyber Research Proposal
Cybersecurity in business
Introduction
Because of today's international economy, securing a company's intellectual property, financial information, and good name is critical for the company's long-term survival and growth. However, with the rise in risks and cyber vulnerability, most businesses find it difficult to keep up with the competition. Since their inception, most companies have reported 16% fraud, 37.7% financial losses, and an average of over 11% share value loss, according to data compiled by the US security. Most corporations and governments are working hard to keep their customers and residents safe from harm. There are both physical and cybersecurity risks involved with these threats. According to a recent study, many company owners aren't aware of the full scope of cybersecurity. People who own their businesses must deal with various issues daily.
Nevertheless, steps are being taken to address these issues. Customers and the company are likely to be protected by the measures adopted. Cybersecurity is one of the most pressing issues facing organizations today. Leaks of a company's intellectual property and other secrets may have devastating effects on its operations, as competitors and rivals will do all in their power to stop them. is an excellent illustration of this. This is perhaps the most talked-about security compromise of the year [footnoteRef:3]. The firm was severely damaged because of this. [1: "Database security attacks and control methods."] [2:q "Comprehending the IoT cyber threat landscape: A data dimensionality reduction technique to infer and characterize Internet-scale IoT probing campaigns."] [3: "The Equifax data breach: What cpas and firms need to know now." ]
Some individuals take advantage of clients by stealing highly important information to profit financially from their actions. For example, if the wrong individuals get their hands on your credit card information, you're in serious trouble since you might lose money. Some families lose all their resources, while others are forced to declare bankruptcy after being financially stable for a long period. Many of the findings of this study will be focused on cybersecurity and the sources of cybersecurity risks. The paper outlines a few of the issues and solutions that organizations may use to keep their operations and consumers safe from exploiting dishonest individuals.
Research question
According to the most recent study, more than 1500 companies have been exposed to some cybersecurity assault[footnoteRef:4]. This research details the specific types of attacks that have occurred. Organizational operations are affected, as is corporate governance, and the internal management of financial status is rendered ineffective due to these assaults. The question that will be investigated during the study is: [4: "Towards blockchain-based identity and access management for internet of things in enterprises."]
How doe ...
Here is how the cyber security helps to make our online information secure. Also check out Principale of Cyber security confidentiality, Integrity & Availibilty
The document discusses cyber threats and forecasts for 2016. It predicts that ransomware, attacks on critical infrastructure, payment systems, automobiles, and wearables will increase. Nation-state cyber espionage and hacktivism will also continue. The document recommends increasing cybersecurity training and awareness, establishing international cooperation on cybercrime prosecution, and improving cyber resilience rather than just defense. It encourages pursuing a career in cybersecurity and lists example cybersecurity jobs.
Cybersecurity awareness is the understanding of the importance of protecting data and information from malicious activities.
It involves understanding the risks associated with digital communication, online activities, and technology in general.
How to build a highly secure fin tech applicationnimbleappgenie
Indeed, The FinTech industry is a specific sector where developing a successful mobile solution necessitates some extraordinary measures to capture clients’ loyalty. The takeaway is that a good FinTech app is more than simply an excellent companion.
This survey of over 100 Hong Kong fintech companies in 2017-2018 found that:
- A majority had medium cybersecurity risks with scores over 6000 but below 8000.
- Over 1/3 had not configured SPF and over 3/4 had not configured DKIM or DMARC, leaving them vulnerable to phishing.
- 70% had not set up a privacy policy or terms page on their site, risking noncompliance with GDPR.
- 42% were susceptible to the CRIME SSL vulnerability and under 7% to POODLE, showing risks from outdated encryption.
- Over half had vulnerabilities like lack of XSS protection, WAF, or HTTPS that could enable attacks.
The document discusses emerging threats to digital payments and outlines steps businesses can take to protect themselves. It notes that cyber attacks are a major security risk and new payment methods are fueling more attacks. The problems section details how criminals exploit new technologies, learning resources, and expanded access points. It asks questions around detecting and responding to attacks. The solutions section recommends training, vulnerability scanning, network segmentation, access control, monitoring, and intelligence sharing to help close security gaps against sophisticated attackers.
2024 Cyber Threats: What's New and What You Should Keep an Eye On!Alec Kassir cozmozone
Individuals, businesses, whether small or big, governments, and groups have adopted the computer system to ease work. These systems have to be protected from various threats on the internet or people with ill intentions to infiltrate the systems.
8Cyber security courses in Bangladesh.docxArindamGhosal6
Mitisol is the perfect solution for Cyber security and risk management, Cyber security and risk management, Cyber Security Company in Dhaka, Bangladesh.
We are the best instutute for Cyber security courses, Cyber Security Course Training, Advanced Cyber security courses in Dhaka, Bangladesh. So keep visiting our websites to get update on regular basis.
Security - intelligence - maturity-model-ciso-whitepaperCMR WORLD TECH
This document discusses the need for organizations to shift from a prevention-focused approach to cybersecurity to one focused on rapid detection and response. It notes that most organizations have mean times to detect threats of weeks or months, leaving critical systems vulnerable. The document introduces the concept of security intelligence and outlines a threat detection and response lifecycle that organizations should optimize to reduce their mean time to detect and respond to threats. This involves processes like discovering threats, qualifying them, investigating incidents, and mitigating risks.
According to current government guidelines, everyone who cannot do their job from home should now go to work, provided their workplace is open. As people start to trickle back into the workplace over the next few months, we’re going to see the emergence of a very dierent workplace. More people are going to continue to work remotely, whether full-time or part-time, and businesses are going to have to deal with the impact of the predicted recession.
Similar to Why is cyber security a disruption in the digital economy (20)
A case for intelligent autonomous ai (iai)Mark Albala
Many argue that 90% or more of the trades on Wall Street are either totally administered without the aid of humans or greatly assist humans in the execution of trades. Although in its infancy, it is easy to envision that this onslaught of the digitization of the marketplace, both in execution and administration has led to the volatility of the marketplace. We are in the infancy of autonomic AI, and the volatility is a condition of AI routines, with no one at the helm, being knee jerk in the reaction to swings in the market caused by other AI routines with no one at the helm. For a historical perspective, in 2014, it was estimated that 75% of trades was originated from automated trade systems. By 2017, JPM estimates were that over 90% of trades were executed algorithmically.
If we further envision, it is easy to assume that the next generation of these AI brokers will understand that they will fall short of maximized profit by following the ebbs and tides of the market caused by other AI brokers, thereby reducing the overall market volatility but also putting traders not armed with these tradebots at a severe disadvantage.
The same logic will hold true to other business functions that succumb to algorithmic execution. The risk will be forever present that knee jerk reactions to every departure from expected outcomes will derail those enabling these algorithms into a whirlwind of turbulence, while those who are smarter in their execution plan will be able to judge such turbulence for what it is, others enabling algorithms to react to every blip.
While today’s autonomic algorithms are smart, they are not intelligent because they are unable to segregate blips from true trends, thereby resulting in knee jerk reactions. This writing will focus on how not to fall into the knee jerker category when implementing autonomic AI.
The long journey toward true data privacyMark Albala
Facebook launched a virtual private network that paid users aged 13-35 to harvest all their mobile data. This violated Apple's privacy rules and sparked a battle between the companies. The VPN allowed Facebook to collect data even when apps other than Facebook were being used, without requiring parental approval. While regulations aim to protect privacy, information also has value that is not fully recognized, allowing workarounds like Facebook's VPN. True data privacy will require regulating how companies can monetize personal information.
Analytics, business cycles and disruptionsMark Albala
The digital economy is different. Depending on platforms and a much more malleable set of methods to interact with consumers, an accelerated rate of disruptions compromises the orderly business experience of most market participants. A well-honed analytics program facilitates understanding these accelerated disruptions. With a platform based digital marketplace, obtaining the information necessary to decipher unexpected outcomes and prescribe suitable actions is difficult because the information required Both of these facts are important to analytics. First, platforms. Platform based activity is hard to decipher, not because it is more complex but because the information needed to decipher activity is not contained within your four walls.
Once deciphered, the next challenge facing organizations deciphering unexpected outcomes is a determination of whether the unexpected outcome is truly a disruptive event or simply a phase change in a regularly occurring business cycle. There are significant differences in the suitable reactions to disruptions and business cycle phase changes. Unfortunately, many organizations are ill equipped to discern between these two classes of unexpected business outcomes and consistently find their business plans fall victim to the actions of others within the marketplace.
Luckily, many of the activities of governmental and regulatory bodies are focused on predicting phase changes to the business cycles likely to impact the economic forces within the next fiscal year and describe their economic policies and agendas in publicly available documents and analysis. Understanding where to find these documents and how to use the published to discern between the likely business cycle phase changes and true disruptions as one of the vehicles available within your arsenal of analytics will lessen the occurrence of falling victim in the marketplace by misreading the clues available from unexpected outcomes. This document will address the sources most likely to assist and the actions to be taken to utilize the information attained from these documents.
A process for defining your digital approach to businessMark Albala
This material represents a templated approach specifically constructed to define your approach to digital commerce completed through one or more working sessions.
The business model canvas adapted for the digital economyMark Albala
The digital business model canvas is an adaptation of the business model canvas, a lean approach to defining business models augmented for the realities of digital commerce.
Welcome to the Algorithmic Age and the need for Analytic Accuracy AssuranceMark Albala
This document discusses the rise of algorithms and analytics in business. It notes that algorithms will increasingly manage interactions with consumers and optimize outcomes. However, historical data is not always accurate for predicting the future, especially during disruptive times. It argues that software and businesses need several critical components to identify when analytics lose accuracy and autonomously course correct, including: the ability to identify disruptions, use resilient information during disruptions, navigate disruptions autonomously or with human input, and have teams that maintain the algorithms and artificial intelligence over time. The document also discusses the increasing complexity of consumer interfaces and need for integrated platforms and processing to handle different interaction channels.
There are some major innovations that will stand the chance of changing close to everything that will find their way into the lives of everyone not living under a rock. Some of these are
• major advances in battery technology that will impact close to everything that runs on battery,
• Graphene, a miracle product produced from Carbon that is one molecule thick, stronger than steel, capable of storing electricity and clear. Expect several innovations that will utilize graphene, including a possibility of Graphene disrupting all plastics and possibly aluminum, particularly if the prices sufficiently erode,
• Extended Reality, which is a converged view of the physical and digital landscapes available to the consumer and interacting with consumers in vastly transformed ways,
• Internet of Things (IoT) devices and IoT exchanges, which will allow companies to integrate their physical market presence into the digital processing stream and
• Adaptive Intelligence delivered through autonomous software robots, all interacting with the platforms that collectively represent an organization’s digital identity. Adaptive Intelligence stands the chance of changing close to everything.
All of this is highly disruptive, and during disruptive times analytics lose their accuracy because disruptions represent departures from historical trends. While these will not be the only disruptions that can be expected as, according to Ray Kurzweil and others, we approach a digital singularity, these expected disruptions will represent an opportunity to help shape the future in a way beneficial to the organization, at least if the disruptive times can be deciphered and successfully navigated.
Information's value is enhanced when curated for adaptive intelligenceMark Albala
Much has been written about improving the speed of your digital ecosphere through automation. Organizations that have attempted the automation of their digital ecosphere have discovered that while automation helps the anticipated repetitive tasks, in the configuration used by many organizations it does little to facilitate that which is not anticipated. Yes, automation does free those up who had to previously immerse themselves in the digital transaction stream. The leadership in markets, however, shift to the advantage of those who can read the tea leaves early and act at the blistering speed of the digital economy. The critical timelines require automation, but automation that can deliver status quo responses does not help when expected outcomes are lacking. Adaptive intelligence that utilizes autonomous, robotic software as its orchestration hub is called for, but only if the robotic software is aware of the processes and assumptions used to model the market so that departures from expected outcomes can be identified. With information serving as the lifeblood of the digital economy, leveraging information to its fullest is a prerequisite to survival, and adaptive intelligence is the means to leveraging information.
While there are features and functions not yet matured in many of the robotic process automation solutions, the real underlying roadblock to achieving adaptive intelligence is a lack of mapping the processes and the information consumed by those processes to the robotic software engine. The true leverage to be achieved, the autonomous robots enabling adaptive intelligence must be able to identify departures from expected outcomes and the means to adjust processes to meet the new trajectories present in the marketplace.
This writing will describe the mechanisms you should have in place to orchestrate adaptive intelligence through the facilities of the platforms that interface to your robotic process automation solution(s).
Your digital commerce activities depend on understanding the consumer so that you can share information with the consumer that they will care about. That means harvesting and storing consumer data so that analytics can predict and, in many cases, satisfy the wants, needs and desires of consumers. However, the ability to harvest and store consumer data is contingent on taking reasonable actions to protect that data from being used in ways not disclosed and in ways made possible through data theft (hackers).
92% of consumers have been concerned about the safety of their privacy information being available on line in the vast digital stores of organizations, and their sentiment has been heard by regulators, who have begun to put their foot down. First in Europe, Canada and the Far East, but the spread is contagious. GDPR, the most pervasive of these rules at this time, gives consumers the right to be forgotten from all the digital stores managed by an organization for any reason at all. These organizations have just 72 hours to comply with the request, by law. Stiff penalties have been defined for those incapable or unwilling to comply.
However, the ability to compete on the digital stage is a much larger penalty, and one that organizations should take seriously. Organizations which lose the ability to harvest personal data, either through regulation or due to consumers being unwilling to share with an organization they consider disreputable or incapable when it comes to their personal data, will be at a serious competitive disadvantage in the digital markets because their ability to predict the wants, needs and desires will be seriously marginalized.
Read more on what privacy controls are necessary to participate in the digital economy.
Disruptive outcomes are determined by consumersMark Albala
Digital disruptions are a consequence of the sheer speed of the digital economy and the breakneck speed at which we are navigating the digital economy in route to the autonomous age. Analytics are a core component of activities in the digital economy and will increase their prominence as a core component of the autonomous age. Digital interactions happen without the benefit of human hands. Ultimately, the selection from the various strategies and tactics launched to influence disruptions will be decided by consumers, who through processes of their own devise will internalize content to make their collective choices.
Disruptions occur when innovation, competitive, operational or other activities in the marketplace alter the anticipated outcomes in the marketplace. Disruptions occur in waves. The primary tool available to market participants during disruption waves is to influence the outcome of those waves through persuasive content. However, it is consumers that will ultimately collectively decide the winners and losers during a disrupted market, and their decisions will ultimately be based on content intended on influencing their decisions and their preconceived notions based on their individual views of the marketplace.
Content is the vehicle that market participants wield with intentions to influence consumers, but for content to achieve the intended goals, particularly during times when markets are disrupted, content must be clear and appear to consumers to either support their preconceived notions or appear to be so much of a benefit to consumers that they are willing to forgo any preconceived notions to achieve the intended benefits.
The delivery of this content is just as important as the contents of this content. If consumers cannot find the content or find it at times when they are not likely to give it the attention it deserves, then the intended outcomes are unlikely to be realized. Analytics controlled by self-learning intelligent algorithms are, if available, viable solutions to deliver content at the optimal time and through the optimal media. These algorithms, if effective, must be cognizant of the disruptions and what the potential influences the various actions of market participants will have on the behavior of consumers.
This writing is intended to provide guidelines on how to derive appropriate content to influence disruptions and how to deliver it in ways to influence its outcome in the marketplace.
Introducing the information valuation estimatorMark Albala
In the digital economy, information, properly deployed, is a catalyst for value. It is the information that flows through the platforms that together represent an organization’s digital presence. And it is the pillars of value that represent an organization’s information mantra. Information is nothing less than the lifeblood for converting content to value in the digital economy.
The Information Value Estimator (IVE) is a tool that is used to estimate the effectiveness of information in your organization and derives an attempt to estimate the uplift in revenue that is achievable by improving the management of information as an asset of the organization.
It is absolutely true that analytics is a big part of the equation. However, for the majority of opportunities, particularly when disruptive times prevail, where information can make a big difference is realized when a high degree of autonomous analytics is involved. This autonomy will accelerate the execution of information based actions taken in the digital economy by an organization. A keen understanding of how business processes consume information is required to deploy this level of autonomy. A low level of resistance to putting the faith of the organization into these autonomous analytics is required to optimize value in the digital economy. The means to review, countermand and tune these autonomous analytics is mandatory.
The Information Value Estimator, available upon request, can be used as a self-service tool. Its use is intended to serve as a vehicle to identify initiative opportunities, few of which will be traditional IT opportunities, that will have a measurable impact on the value of information. It is recommended to augment the estimator with a benchmarking of information value to show progress made and refine deficiencies that will impact the ability to wield information in the digital economy.
Cybersecurity is a key ingredient in the digital economyMark Albala
The digital economy is very different. Information is the life blood of the digital economy, and cyber-security attacks are theft of information, sometimes with real financial implications. While too many companies have not revisited their cyber-security arsenal to meet the demands of the digital economy, the regulators have been busy to update the minimally acceptable levels of protection of individuals and their identity in the digital ecosphere. Many companies will be burned by the punitive damages levied by regulators and the reputational damage which impinges upon the ability to conduct digital commerce.
This writing will go through what it means to be cyber-safe in the digital economy and defines a framework that should be used by all organizations to identify the leakages in information either directly leaked by them or syphoned off through imposters misrepresenting the organization. From the regulatory and consumer vantage point, there is not difference, the organizations conducting digital commerce are required to perform the due diligence necessary to provide assurance to consumers that their digital interactions with organizations are secure and safe.
Many companies will appear in the tabloids with massive fines and punishment in the capital markets due to lapses in judgement when it comes to meeting their obligations for cyber-security. Unfortunately, it will take examples made of such companies before the actions necessary to protect the consumer willing to conduct digital commerce is taken seriously. Many of the organizations will not survive the anticipated disruptions.
Deploying and monetizing content in the digital economyMark Albala
The digital economy is very different. The means in reaching and converting consumers into customers is very different in the digital economy. In the digital economy, the delivery of content to customers and prospective customers is accomplished at the convenience of the consumer.
Information personalized to be relevant to the consumer and easily accessed by the consumer through mechanisms chosen by the consumer is critical to digital survival. And devising means to deliver information to the consumer without seeming intrusive is a critical facet of digital survival.
The ability to understand what information will be relevant to the consumer without violating privacy rules. All participants in the digital economy will need to balance the need for analyzing personal identity information against privacy rules and governmental legislation. It is exactly the just in time analytics required to determine what will be pertinent to a consumer based on their content history, their current proximity and a host of other variables is the fuel that will catalyze the monetization of information. It is the regulators watching the obvious transgression of shared personal information, punitive damages and limits to the use of personal information will ensue. This and published occurrences of lapses in protecting entrusted identity information will translate into reputational crises, both of which will force consumers to think twice about sharing their identity information with those wishing to participate in digital commerce. Those hampered by the regulators or incapable of protecting the identity information entrusted to them will suffer the fate of having their ability to know the consumer hampered because of a difficulty to obtain the information required to analyze and personalize content of value to consumers.
The purpose of this writing is to define a framework for obtaining, managing, protecting and monetizing the information fueling the digital economy.
I recently wrote an article on platform intelligence and have come to the realization that intelligence on the platforms that deliver digital products is not the full complement of capabilities required to thrive through in the digital economy. One could excel at managing the platforms used to deliver digital products, but find it difficult to thrive because they are incapable of navigating disruptions, have products that are out of step with the wishes of the marketplace or a host of other reasons. Should they blame their woes on the platforms, they could swap platforms and be no better for these actions.
There are six basic forces, or pillars, which if managed, will greatly improve the ability to thrive in the digital economy. There are facilitators, or the levers to be pulled to influence the enablers, and together they form an ecosystem that together form the pillars of value.
Clearly information is a primary enabler for all the pillars, as it is the conduit for digital products. Content is the information delivered to consumers in the form of reviews, how to videos, advertising and a host of other information devised to inform and influence the opinions of the intended audience. But having content without a means of monetizing the interactions with the intended audience is not sustainable.
The purpose of this writing is to describe a framework for managing an organization’s ability to excel in pillar intelligence. All of the pillars of value are dependent on being skilled in wielding information. Understanding the specific characteristics of information that serve as catalysts of value help thrive in the digital economy.
The digital economy is very different. Products in the digital economy are deployed by offering content, goods and services through a collection of platforms organized in a specific way that makes one digital ecosphere different than every other. And the lifeblood of your digital products is the information and content that defines what a digital transaction will be. To the consumer, the digital experience is the information and content that is navigated for a specific purpose that often eventually leads to a digital transaction.
Content is personalized information specifically devised to influence consumers at specific points of time. A key time to wield this influence is during disruptions, when the market is in a transitional phase. Content can be used as an influencer through the launching of a tipping point to course correct navigation of a disruption wave. Should the content go viral, the influence is magnified (just ask United when they dragged a doctor off his plane).
The pillars to value in the digital economy are dependent on information. Understanding the specific characteristics of information that serve as catalysts of value help thrive in the digital economy.
Introducing thriving with information in the digital economyMark Albala
We are witnessing the shepherding in of the digital age, one where machines and information can do things faster and more accurately than people for select tasks, particularly those that don’t require ingenuity to innovate something that has never previously existed. It is up to those who run organizations to gain a quick appreciation to which tasks benefit from the wisdom, empathy and creativity of the human spirit and which ones are repetitive with minor variations to a theme and best orchestrated through software. It is exactly those organizations that put every task to the whim of a machine that will enjoy an uneasy competitive disadvantage because their finest moments will be those they can be performed by every other business with a machine at the helm for that decision. However, those decisions which are somewhat repetitive and can be taught through software to adjust for the nuances of a decision will be able to react to these activities faster and more accurately than those not benefitting from software, of course without human intuition, empathy and ingenuity. A keen understanding of the processes of an organization, the information supporting that information and how that information potentially makes a difference is at the heart of the discussion of thriving with information in the digital economy.
There are a number of very timely, complex fraught with error tasks that people cringe at performing or tasks which need to be performed at such a blistering pace in the digital age that if they were to wait for people to perform they would either need to be verified carefully for errors or be too late to make a difference in the digital economy. The one thing that is consistent is that the life blood of the digital economy is information delivered at a blistering speed at all hours of the day.
The purpose of this writing is to illuminate some of the changes caused by the digital economy as it pertains to information and help organizations devise a roadmap to their path from the current state to one more applicable for the digital economy.
Introducing thriving with information in the digital economyMark Albala
The attached introduction is a preview of the upcoming book being published by Mark Albala, looking for a publisher to bring this publication to fruition.
Charting your course for surviving disruptive innovationsMark Albala
Historically, businesses could expect the lifespan of their business models to survive the planning horizon of 3 – 5 years and long term strategic planning was something you could review on a quarterly basis and revisit once a year. However, the digital economy has changed all the rules, no longer can you expect the business climate to survive for the planning horizon; typically, digital products are retooled at least twice a year. Moreover, disruptions can come from other sources than innovations, they can be the result of opportunistic and cyber-attacks, the result to your bottom line is the same.
Devising a strategy and first line of defense is mandatory for those who would rather weather the storm of disruption unscathed to the more common alternative of weathering a fire drill with uncertain outcomes. Having an early warning beacon is a central component of early detection of a disruption and corralling the necessary information to inoculate the attack. This writing will go over some of the techniques available for such an endeavor.
Information's role in disruption cycles and the exploitation of tipping pointsMark Albala
“The Tipping Point”, written in 2000 prior to the digital economy, described a means for forging disruptions through the exploitation of information. Having a keen understanding of the information you have at your disposal and a keen awareness of the attempted disruptions through viral social media and other means is critical for survival in the digital economy. This writing will go over what the tipping point is, how information aligns to the tipping point in the digital economy and what organizations must do now to survive disruptive attempts to dethrone their products and services in the digital economy.
As we enter the digital economy, it becomes increasingly transparent that the information and data ecosphere will continue to be a complex environment for the foreseeable future, with information being provided from a variety of internal and external sources in the form of files, messages, queries and streams. It would be foolish for any organization to place their bets on any one platform to be their platform of choice because it is incongruent to the thought patterns of the consumers, suppliers, regulators, partners and financiers who will participate in their information ecosphere through data feeds, information requests and a host of other interfaces.
Rather, there is a role of each of these platforms which serve as the conduit for data and the transformation of data into information aligned with the value propositions of the organization. This writing is focused on the big data platform because there are some unique characteristics of the big data environment that require an approach different than many of the legacy environments that exist in organizations. Furthermore, while big data is the one environment that is new and requires these special handling characteristics, there will be future platforms with the same requirements as big data requires today, and hopefully lessons learned will be left to not revisit each of the challenges as the next transformational information ecosphere is made available.
Figure 1 The Fourth Industrial Revolution, World Economic Forum, InfoSight Partners, 2016
This time is different, in that information is the catalyst to achieving value and the platform ideally suited to house information not optimal for storage in the form of rows and columns is the big data environment. Understanding which information is delivered with intended consequences and having the management prowess to tune information shared with customers, prospects, suppliers, partners, regulators and financiers is critical for the digital economy. Additionally, it is specific to understand the challenges each platform housing information bring to the equation. This writing will focus on big data.
Embracing Change_ Volunteerism in the New Normal by Frederik Durda.pdfFrederik Durda
The new normal has not diminished the spirit of volunteerism; rather, it has transformed it, opening up new avenues for individuals to connect with and support their communities. As we continue to adapt, volunteerism will remain a vital force in building resilient, compassionate, and inclusive societies.
Certified Administrative Officer CAO.pdfGAFM ACADEMY
The Certified Administrative Officer (CAO) is a gold-standard certification awarded exclusively by the Global Academy of Finance and Management ®. Earning this designation demonstrates that you have skills and experience in office administration which includes events coordination, time management, resource management, Microsoft Office applications, and business communication.
REQUIREMENTS
The Certified Administrative Officer designation requires a diploma or a bachelor's degree in business and administration, or related field.
Two years experience in office administration
Final year graduates with industrial attachment will be considered.
In addition to educational requirements, candidates must have knowledge in Microsoft Office applications, and business communication skills.
To apply: https://gafm.com.my/digital-certification/application-for-certification/
CAPACITY BUILDING:HOW TO GROW YOUR INFLUENCE, INCOME & IMPACTTochi22
Don't wish for less problems but for more capacity.
In this slideshare, you will discover the importance of capacity and different critical areas you must build to achieve your dream life.
To get the recording of this seminar, join our community on Clubhouse @ High Impact Makers
Understanding Bias: Its Impact on the Workplace and Individualssanjay singh
In the presentation, I delve into what bias is, the different types of biases that commonly occur, and the profound negative impacts they have on both workplace dynamics and individual well-being. Understanding these aspects is the first step towards creating a more equitable and supportive work culture.
Understanding Bias: Its Impact on the Workplace and Individuals
Why is cyber security a disruption in the digital economy
1. 1 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
Why is Cyber-Security a disruption in the digital economy?
Mark Albala
President, InfoSight Partners
2. 2 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
Introduction
As we enter the digital economy, companies will quickly realize that the differentiator in the digital
economy is information and information being a valuable resource is subject to theft, hacking, phishing
and a host of other issues which compromise a company’s ability to participate in the digital economy.
Cybersecurity misfires compromise the trust of buyers and partners necessary to participate in the
digital economy. It is up to every company to ensure that the information shared with them is
protected to the best of their ability and proactively notify persons and organizations who entrust their
information necessary to transact business (any personal identity information including but not limited
to addresses, credit card information, social security numbers, account information, credit information,
medical records, etc.) with any potential compromises which can yield harm to them by that information
either being used maliciously or shared with others.
The digital economy is different than other versions of commerce because in the digital economy,
information is the lifeblood of digital commerce that passes through the hands of many platforms
involved in a digital event. Each of these platforms are an opportunity to wreak havoc on your well-
intended but incomplete intents to protect the information contained within the network you control.
In the digital economy, it is not only the network you control, but the platforms that touch the personal
data entrusted to you as a means of enabling digital commerce, and several techniques have begun to
emerge to protect personal information contained within your information domain and the domain of
platforms participating in digital commerce.
Because the life blood of the digital economy is information, information hacked in the digital economy
is akin to shrinkage in the legacy economy. Both are means to directly attack your bottom line, whether
it is redirecting customers elsewhere because they don’t trust your privacy program, ransomware which
makes your site or one of your partner platform sites dangerous to use or some other reason which
challenges your ability to participate in the digital economy. Shrinking the potential market share
because of information safety and security challenges is a disruption, making cyber-security a disruptive
activity, particularly if it is not dealt with swiftly.
If your cyber-security program is focused entirely on protecting the information housed in your four
walls, you have exposed yourself to problems you will have difficulty in identifying both the source and
the entry point of these issues.
Current State of Cyber-Security
Cyber-Security has been getting a fair amount of attention recently and for good reason. The number of
hacks leaking personal information, delivering ransomware and relegating denial of service hacks has
been on the rise. Those who are intent on conducting cyber-security have become more creative, even
though the entry point for much of the security based problems are sourced through email. 77% of
hackers surveyed (Blackhat survey, 2017) believe that no password is safe from hackers, or the
government for that matter.
Some Cyber-Security statistics to ponder about (Hewlett Packard Enterprise, 2016) are:
3. 3 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
• 2016 is a pivotal year changing the conversation from credit card theft to identify theft. This
shift is a direct result from the amount of footprint a consumer has in the digital economy.
Consumers have been educated on the risks associated with sharing information digitally and
are beginning to be selective in where their identity is stored.
• 2016 is a pivotal year changing the focus of security fixes from point fixes (i.e., virus protection
libraries downloaded to PCs) to a broader defensive approach that prevents entire classes of
attacks.
• 2016 is a pivotal year which brought cyber-security to the forefront of the political landscape.
• Vendors instituting cyber-security solutions are still focused on patching, and should shift their
focus quickly. But the burden will be on the consumer until this shift occurs.
• Attackers have shifted their efforts to directly attack applications that serve enterprise data. For
the time being, this is lucrative, because over one third of the enterprise applications have
exhibited at least one critical or high severity security vulnerability. The number of commercial
applications exhibiting these vulnerabilities increase dramatically in the open source arena,
where over 80% have flaws with serious implications for the management of private data.
• The digital economy has resulted in payment systems, bitcoin repositories and Automated Teller
Machines becoming a more common source of attack because of the direct monetization of this
malware.
The need for initiatives focused on the eradication of cyber-security threats have gained prominence.
However, in many organizations, these will be multi-year programs initiated with the 2017 budget cycle,
leaving room for those intent on causing harm through cyber-security plenty of room.
Common methods used to gain access to your data
You should not be left panicking, but rather take some actions to watch for specific means of attacks on
your organization which will leave trails that you can remediate now. Some of the more common
approaches gain access to your data using the following strategies:
• Redirecting a web, mobile, Internet of Things (IOT) device or email session to a malicious web
page which gives access to information behind the firewall.
• Injecting code into a web, mobile, IOT device or email session to perform malicious activities.
• Attacking insufficient web, mobile, IOT device or email management controls, thereby capturing
passwords, session ids or other key information through cookies and other means.
• Writing files on the computer utilizing a web, mobile or email session that collects information
and transmits it through an application loaded on the computer.
• Executing remote code which collects information via the remote code loaded into a mobile,
email or web session.
• Requesting information by promising false claims, which is commonly returned through email.
• Introducing malicious code into a web cache.
• Capturing control of a router, computer or collection of IOT devices to deny service.
4. 4 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
These methods of security breaches leave an audit trail which should be a proactive defense in an
organization’s information arsenal. Companies who do not make cybersecurity a major component of
their information arsenal will find themselves appearing in the list of companies shown on figure 2.
Some concerns in cyber-security are (SANS institute, 2014) are:
1. RFID Skimming, which use mobile and wireless techniques to access information
2. USB devices which introduce malware to connected and unconnected systems
3. Hacks introduced through the internet of things, such as imbedded systems, proximity sensors,
smart devices and a host of emerging products. All of these have one thing in common, they
have less room for complex code because of their limited computing footprint.
4. Hacks which attack digital payment systems such as bitcoin. These attacks result in theft of
digital payments or virtual stockpiles of digital cash (i.e., bitcoin).
5. Point of Sale Malware introduced through one of the participants in a digital transaction
6. Targeted hacks which use email as an entry point to deliver malware, keyboard trackers or other
hacks.
7. Social media sites which harvest personal information, thereby utilizing the social media site as
a hack.
8. Webmail account takeover
What should be done now
If it isn’t obvious, cyber security attacks may not start with your data. Because the lifeblood of the
digital economy is information, cyber-security attacks take on a different level of importance than they
have in the past, and there is a need at organizations to rethink their cyber-security approaches. Some
of the things companies can do is:
1. Assign a person to be responsible for eradicating cyber-security threats. There will be resistance
from inside the organization because it will require changes to digital products launched and
could impact both the costs and timelines for delivered commerce exchanges, so the person
assigned to this role must have sufficient organizational teeth to foster the change and expect
compliance to any recommended alterations to cyber-security capabilities.
2. Institute the cyber-security defenses advocated by the National Institute of Standards and
Technology, a revised framework (version 1.1 was proposed January, 2017) can be found at
http://nist.gov/cyberframework. Version 1.1 is still in draft form, and focuses on the ability to
govern, assess risk, educate and eradicate risks when they occur.
3. Construct metrics to manage the dwell time, which is the time between a company is hacked,
the time when the hack is detected, the time to dispense with the hack and the time to
communicate the attack and deliver a remediation plan to those impacted. The purpose of
these metrics is to drive down the time required to deal with cyber-security threats.
4. Run test cyber-security attacks, which exercise the platforms participating in your digital
commerce, whether they are on your site or at a partner handling a component of your digital
5. 5 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
commerce. If a partner is unwilling or unable to remediate exposures, be prepared to work with
an alternative partner to handle the component of your digital fabric handled by that partner.
5. If you use a data lake as part of your data ecosphere, you have an especially high risk because
most of the security frameworks you have in your environment do not provide the same
stringency of security to the data lake. It is strongly suggested that you adopt an encryption
strategy for any personal identifiable information written to the data lake, whether it is in the
right columns or not. Some method of identifying PII data, through patterns or other means is
necessary to ensure that credit card, bank routing numbers, social security numbers, and other
information written to intended fields, comment fields or other columns because of limitations
of feeder systems will be a time bomb if not addressed as soon as possible.
6. If critical information containing PII data is stored on LANS and computers managed by your
employees, your security plan against cyber-security is only as strong as the weakest link in your
plan. If your employees have laptops and they infect their laptop off premises, they can
introduce cyber-security issues when they return to the office, whether on premise or remotely.
7. If you provide access to your network and critical customer data to your agents and partners,
you must have your cyber-security plan reach the computing platforms operated by them as
well.
8. Hide the candy. If you move around personal identifiable information (PII) through your
network for analytical purposes, encrypt the PII information so should it be hacked, the level of
exposure is mitigated. If that information is required, those really needing it can get it from a
tightly secured area.
9. Solutions that predict the most likely methods of attack based on your software portfolio,
network infrastructure and platforms participating in your digital and legacy channels of
commerce. These solutions (SAIC, BitSight, Cyberisk to name a few) should be researched to
either obtain these solutions or determine what features of your cyber-security arsenal are
required to be effective.
Devising metrics to improve your ability to detect and eradicate cyber-security
threats
One of the common themes in treating information as an asset of the organization is percolating metrics
used as a means to improve the valuation of information. Having information assets hardened to the
challenges of security is one form of eradicating resistance to consuming information.
Some metrics that can be used to manage an organization’s information assets are:
1. Number of detected intrusion attempts per day
2. Number of infections per device per day
3. Number of times per year the security and privacy rules of the organization are reviewed
4. Number of times per year key personnel is reminded of their obligations to oversee security
5. Average elapsed time from intrusion / infection to detection
6. Average elapsed time from detection to intrusion closure / disinfection
7. Average number of personal identity information (PII) items not in the intended locations
6. 6 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
8. Average number of PII violations per industry and /or country of origin regulations
9. Number of known and unhandled security vulnerabilities
10. Number of properly configured secure socket layer (SSL) certificates
11. Percentage of peer to peer file sharing as an overall percentage of corporate network activity
12. Percentage of people with super user access
13. Average number of days it takes to eliminate access to information on the organizational
network
14. Average number of times per year high security profile people are reviewed
15. Times per year access permissions are reviewed
16. Number of open ports into the network and on machines with access to the network
17. Number of third party software products not scanned for vulnerabilities prior to deployment
18. Number of times per month suppliers and vendors are reviewed for security issues
19. Number of times per month vendor and partner security controls are reviewed for issues
20. Percentage of partners, vendors and customers having access to information on the network
and who store information on the network are reviewed for security issues
The Metrics chosen should:
• Be actionable, they should be devised to allow decision makers to take swift action to thwart
cyber-security risks.
• Be definable in numbers to measure improvements in your cyber-security program.
• Be aligned with the information intents of the organization.
• Be repeatable, they should be collectible and automatable at a reasonable cost.
• Be sufficiently granular so that the programs devised to thwart cyber-security risks can be
identified as helping the cause through metrics.
7. 7 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
What’s at Risk
It is easy to find examples of cyber-security attacks
in the marketplace, attacks to businesses and the
government.
Some more devastating cyber-attacks have been:
• Yahoo had 1.5 billion accounts hacked,
which put a buyout by Verizon at risk.
• Sony had unreleased films stolen, as well as
the identity of 10 million employees and
partners.
• The US Office of Personnel Management
was hacked twice. One of these attacks
resulted in the theft of digital fingerprints.
• If you think the government is immune, the
White House, the Army, the Democratic
National Caucus and the hacking software
published by the NSA were hacked.
• Target had 40 million credit card accounts
hacked.
When to start
It is important to get started now. The inflection point of when hacking as a means of exposing
information to steal a component of digital commerce became an exposed issue most probably in 2015.
If you participate in digital commerce, the risk is customers, partners (including partners delivering one
or more of the platforms used to deliver digital content and commerce), financiers and vendors within
your supply chain will be unwilling to expose their information to you if you have not performed
demonstrable diligence on your ability to protect information provided to you for conducting digital
commerce.
Those who participate in digital commerce who have not performed the necessary due diligence will be
disrupted by the avalanche of hacking attempts and the number of these attempts that have exposed
them and their customers, partners and others to the risks of their inability or unwillingness to take the
necessary actions. Those who participate in other’s digital commerce by delivering a necessary platform
to their digital commerce activities will find the use of their platform dwindling if they let the risks of
cyber-security infect the digital commerce ecosphere of those using their platform for digital commerce.
8. 8 | P a g e | T h e D i g i t a l E c o n o m y a n d C y b e r s e c u r i t y
About the Author
Mark Albala is the President of InfoSight Partners, LLC, a business
consultancy which provides financial and technology advisory services
devised to facilitate focus into the value of information assets. InfoSight
Partners is led by Mark Albala, who has served in technology and thought
leadership roles and serves as an advisor to analyst organizations. Mark can
be reached at mark@infosightpartners.com.