In today’s business climate where sophisticated cyberattacks continue to challenge organizations, cybersecurity programs must be anchored around the “zero trust” principle. This approach is a security scheme designed to ensure that critical assets are accessed by authenticated and authorized users only, preventing potential outside and inside threats.
Most, if not all, of today's businesses are turning to technology to improve the productivity of their business processes. While such an undertaking provides opportunities to increase the bottom line, the risks of sophisticated ransomware attacks that come along with it should never be ignored. Cybercriminals are here to stay with new tactics and strategies to hostage highly significant business data. If not properly addressed, ransomware attacks can result in significant technical, financial, and reputational damages.
Start to Scale Decision Intelligence in Life Sciences to Deliver Better Customer Experience/Business OutcomesJohn Patrick2021-06-10T02:24:54-04:00
The life sciences industry has lacked a future-proofing strategy to scale automation beyond processes or steps within processes such as task automation. Most pharma companies today are making large investments in automation to combat rising costs, time, and regulations in drug discovery, supply chain, and manufacturing. But the industry is still considered to be lagging in institutionalizing a well-defined strategy to integrate hyper-automation into the ecosystem to deliver transformational impact to customer experience and drive better business outcomes.
With the fast-growing problem and increasingly sophisticated threats of cyber security and data breaches, litigation and other related cases continue to hound the landscape. These lawsuits have brought large numbers of damages to individuals and industries, such as consumers and financial institutions over the years.
Security initiatives have historically been driven by compliance mandates and a healthy dose of fear. But as threats continue to become more sophisticated, so must our efforts in thwarting them. Organizations that used to think “we’re the small company, attackers go for the big organizations with more valuable data” have seen an increase in breaches as attackers shift their focus from the large, heavily secured organizations, to the often easier to breach small, mid, and emerging enterprise businesses. Automation in attack techniques has made attack targeting more random and democratic, and less protected businesses are experiencing disproportionate impacts. Shifting from compliance based security to aligning with best practices, specifically the Center for Internet Security (CIS) Top 20 Critical Security Controls, is a great way for an organization of any size to prioritize and progress their security posture.
Get Smarter with Cybersecurity Through Artificial Intelligence and Machine Learning: Effective Strategies for CompaniesIwork OJT2021-05-18T04:17:09-04:00
As threats of cybercrime continue to rise and become more aggressive, the need for effective and efficient cybersecurity platforms has never been more crucial than now. With the current state of cyber-attacks nowadays, companies need to become smarter in planning their protection programs. Response-based solutions are no longer enough.
Today’s leaders in cybersecurity continue to look for ways to protect organizations from the increasingly sophisticated cybersecurity attacks. From the antiquated belief of "trust, but verify," the security world seems to be warming up to the new principle of zero trust IT. Under the latter approach, nothing inside or outside of an organization is being trusted. The zero trust model cuts the time spent in tracking false positives, thus, enabling organizations to increase their productivity.
Data breaches in the U.S. have shown no signs of slowing down in the last several years, neither have the wave of class action cases associated with these. Recent breaches include some of the largest companies such as LifeLabs, Yahoo, Equifax, and Google LLC. Such breaches, as well as the infringements incorporated with it, can impose tremendous burdens on banks and credit card companies that have to respond to a flood of fraud claims and canceled cards.
The intensity and volume of cyber threats and attacks have continuously increased over the past years. Businesses have become more prone to risks of cybersecurity breaches that management plans must not only be effective, but also aggressive.
Starting this year, every U.S. Department of Defense (DoD) contractor and subcontractor will have to secure a third-party certification under the new Cybersecurity Maturity Model Certification (CMMC) framework. Released last January 30, 2020, the upgraded cybersecurity qualifications were created to prevent cyberattacks in the supply chain.