Organizations to continue remote work support but most aren't equipped to do so securely: Study
Currently, organizations are struggling to adjust to the new normal. 41% have not taken any steps to expand secure access for the remote workforce, and 50% are citing proper equipment as the biggest impediment to doing so. Consequently, 65% of organizations now enable personal devices to access managed applications, according to Bitglass’ 2020 Remote Work Report. The report analyzes how... By CIO&Leader
Majority of businesses likely to increase WFH capacity beyond pandemic despite security concerns: Study
Despite security issues and concerns resulting from the massive and sudden increase in Work-From-Home (WFH) initiatives caused by the global COVID-19 healthcare crisis, one-third (38%) of U.S. companies observed productivity gains during remote work and a staggering 84% anticipate broader and more permanent WFH adoption beyond the pandemic, according to Pulse Secure’s 2020 Remote Work-From-Home... By CIO&Leader
Businesses need to foster a culture of cyber resilience to prepare for the new normal: WEF Report
The world is experiencing an unprecedented crisis that is causing chaos in the global economy, disrupting supply chains, and transforming society. The new reality is accelerating business model transformation at a faster pace than ever before to ensure existential survival in a crisis for which no one was prepared. It is imperative that leaders strategically manage information risks, work... By CIO&Leader
Majority of cybersecurity pros say remote work drove dramatic change in financial services' cyber programs: Survey
75% of cybersecurity professionals representing financial institutions around the world made dramatic changes to their firm’s cybersecurity programs to cope with the rapid shift to remote work due to the COVID-19 pandemic, according to a poll conducted by The Financial Services Information Sharing and Analysis Center (FS-ISAC), an industry... By CIO&Leader
OT security breaches are anything but rare
Across industries, owners and operators of Critical Infrastructure (CI) continue to converge the cyber and physical aspects of their businesses. This merger has enabled more efficient and effective monitoring of critical processes, as well as the ability to virtually leverage data from enabled sensors, industrial applications (including robotics), medical devices, and software-defined... By Rajesh Maurya
One in fifty online transactions in banking and e-commerce sectors fraudulent in 2019: Study
Last year, 2% of transactions in e-banking and online retail were carried out by fraudsters and 16% of transactions were suspicious and required further investigation, according to analysis of events identified by Kaspersky Fraud Prevention. The most common malicious activity found was the use of malware or remote access tools. In e-commerce in particular, fraudsters often leveraged tools that... By CIO&Leader
WEF launches blockchain principles to preserve and protect user rights
COVID-19 has accelerated the development and use of emerging technology across industries. For blockchain technology to scale in its next phase, global alignment between the public and private sectors is needed. To help individuals and companies build trust and preserve the fundamental values of blockchain technology, the World Economic Forum (WEF)’s Global Blockchain Council developed the “... By CIO&Leader
Majority of IT organizations fear increased risk exposure due to WFH: Study
A large percentage of IT teams face tremendous strain from an organization’s reliance on outdated legacy technologies like VPN, exacerbated by staff reductions due to illness or layoffs, according to HiveIO’s study, titled Virtual Economy IT Impact. The study highlights the severe impact COVID-19 has had on corporate data security. The study shows the impact of the new ‘virtual economy... By CIO&Leader
4 pitfalls that could stop your endpoint backup solution from being truly good enough
As backup risks and challenges continue to increase, it is important that organizations need to ask certain questions with regards to data protection and management. Is your business-critical data fully restored and protected across devices if ransomware strikes? How quickly can you recover the data in case of a device theft? Do you have control over the sensitive data if an employee departs the... By Bakshish Dutta
Security the most requested new service that customers want from MSPs: Study
The most requested service that customers want from managed service providers (MSPs) is security, according to Acronis’ report, titled Understanding the Security and Data Backup Market for Managed Service Providers (MSPs). The survey was conducted involving 263 MSPs in the U.K. and the U.S. that serve small and mid-sized businesses (SMBs). Analyzing the results, MSPs showed an... By CIO&Leader
Adaptability is the key to face this challenging situation
There is no denying that the COVID-19 pandemic—the way it came and impacted our daily lives, business and economy—is unprecedented; we have never seen something like that in our lifetime. But responding effectively to a challenge is not necessarily dependent on how big or new the challenge is or whether you have successfully anticipated how it would impact you. Rather, it depends on how adaptive... By Chander Khanduja