Slack cyber security readiness can bloat insurance policies
That a failure to prevent cyber-attack can destabilize a business has led global CIOs and CISOs to up the ante against ever looming cybercrime in the last couple of years amidst a spate of highly sophisticated assaults on internet, banking institutions, and social media companies. A cyber-attack not only hurts productivity of affected organizations as […]
Are you monitoring user behavior?
The year 2016 saw some of the biggest cybercrimes of our times. From the Central Bank of Bangladesh getting stolen in a multimillion online fraud to hackers intruding a bitcoin exchange and from cyber crook hacking a baby monitor to Mark Zuckerberg falling prey to weak password management—a myriad of incidents brought to the forefront […]
Cyber Vulnerability: Five Common Mistakes Firms Make
Notwithstanding big IT security budgets, global organizations are up to a big challenge. Incidents of hacking and data breaches surface far too often, undermining growing cyber vulnerabilities of companies. From startups to multinationals —organizations of all shapes and sizes constantly risk getting swindled online as the usage of tablets, smartphones, and other internet-enabled devices proliferates […]
Cashless Transactions: Great concept but are we prepared?
On November 8th2016, the government of India, in a very surprising but bold move, announced a very far-reaching decision to void all 500 rupee and 1000 rupee notes in the circulation. The decision is seen as a major crackdown on rampant corruption, hording, money laundering and fake currency rackets. But more importantly, it points towards […]
Datacenter: Maintain it like a fort
Since prehistoric times, forts have a special significance in our lives. From medieval castles in Scotland to ancients forts built by Greeks, Romans, pre-independence princely states of India, and Egyptians– these garrisons have played a crucial role for serving defense purposes of armies—a prerequisite to build successful empires. Stronger the fortifications, more successful were the […]
Rising cyber thefts underscore banks’ fragile online defenses
Typically, a bank’s customers throng in front of its gates when they fear that their hard-earned money might get disappeared due to financial institution’s irregularities. On so many occasions, as recently as the EU debt crisis, we saw vexed faces queuing up in front of banks, concerned over possible insolvency. But in today’s environment, where […]
Thefts of Digital Assets are Spiraling
In an increasingly digitized business world,organizations are now measured by their ability to maintain a digital trust among investors, customers, and other stakeholders. As discussed in our previous article ‘Compromised Digital Security Can Break Business Deals’, today’s business stakeholders are not just interested in assessing key performance metrics. They scrutinize a firm by digging deep […]
Data Security: Where global organizations err
As global firms grapple with increased cybercrimes, compliance managers are paying more heed to cyber security, especially the data. Organizations now follow a strong IT security and governance policy, leading to more investments on security solutions like firewall, Intrusion Prevention system (IPS) and Intrusion Detection systems (IDS). Yet, identity thefts and data breaches are rising. […]
Is your Firm Prepared to Identify Data breach?
Data Breach– one of those excruciating costs which are keeping compliance managers and top managements on tenterhooks–is preventable, if firms possess necessary tools to identify malicious attempts to steal information, at the right time. Traditionally firms in order to interpret their financial standings and gauge the measure of preparedness against innumerable business risks, look at […]
Compromised Digital Security Can Break Business Deals
In an ever-expanding and integrated global economy, firms get assessed by their ability to adapt to changing dynamics in the business landscape. Investors look at how fast and effectively firms innovate to grow—organically or inorganically. They gauge firms by looking at key business metrics like the Return on Equity (ROE), Return on Capital Employed (ROCE), […]
