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Is Your Digital Business 100% Secure?

Is Your Digital Business 100% Secure?

Digital transformation is creating unprecedented opportunity for organizations today. Along with its far-reaching impact and significant changes in business models, it also comes with unprecedented risk. There are companies that are completely digital. Digital technologies such as mobile, cloud and IoT make it possible to offer new conveniences to customers, operate more efficiently than ever and gain other benefits. With the changed way of working, the demands on security have also changed, as those same technologies have also open doors to a new and special type of cyber-attacks. Here below are few security guidelines that must be carefully considered in pursuing digital initiatives.

 

Cybercrime: The Importance of Prevention!
One of the best and reliable way to guard your company against cybercrime is by educating and informing your staff about cybercrime prevention. It wasn’t long ago that data theft was classified as a social phenomenon somewhere between fun and crime. But cybercrime has now developed into a growth market – in a negative sense.
In a there  2020 Cyberthreat Defense Report, CyberEdge Group found that 81% of surveyed organizations were affected by a successful cyber attack in 2019. The average downtime due to a ransomware attack was 16.2 days in Q4 of 2019 compared to 12.1 days in Q3.
As more and more data is available digitally, the total volume of criminal activity increases. Computers and smartphones are affected equally. Therefore, by teaching your employees to recognize warning signs, you could also enhance your cybercrime prevention strategy.

 

Hardware Security Is a Must!
When it comes to protecting your device, wo-factor authentication (or 2FA offer a whole new level of security for your personal or business devices. It’s a software-based system that send you a text message or email to confirm your identity. In addition to 2FA, you should also invest in a degree of physical protection for your secure hardware in order to prevent disasters. You may also get a tailor-made insurance coverage for your devices. Protecting the hardware alone is too short-sighted. Ultimately, it’s about the corporate data, some of which is stored on the device, some in the cloud somewhere on the network.

 

Secure Basic Configuration

The basic settings for  Internet-enabled devices such as smartphones and laptops include the security settings in the device. These can vary from manufacturer to manufacturer. Apps and operating system should always be kept up to date on one device. The automatic setup for installing available updates is indispensable, because many attacks come via known security holes on the devices.

 

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Protecting organization’s and customers’ personal data is vitally important to the success of any organization. Encrypting that data is one of the best practices to be on the safe side. In case of remote working, sending emails with sensitive data represents a huge risk. It could be intercepted or seen by a third party. If you encrypt the data attached to an email, it will prevent an unintended recipient from viewing the information. Also, be sure your device is set to have all stored data encrypted in the case of theft.

 

Avoid Public Hotspots!

Working on a free WiFi can be attempting for employees who pay for their own data plans. Public hotspots in a café or in the airport are often unencrypted. Employees must be aware that these networks are not secure enough to use when logging into secure systems or transmitting sensitive information (customer data, credit card numbers, etc.). They must access to companies’ data via their secure connection at home or enable their 4G for a secure connectivity when they are on travel.

 

Regularly Perform a Backup Copy

Regularly back-up important data and information. Determine which data should be backed up, how often it should be backed up and where the copy will be saved. Keep this backup in a safe place and make sure it is always disconnected from the network. Also, if you notice that you have been infected, immediately disconnect from the network.
Also, keep information on your computer that is not connected to the network or on paper, such as important e-mail addresses and phone numbers, or information about your Internet service provider.

 

Cyber Crime Insurance

Cybercrime insurance is suitable for protecting companies against the consequences of IT attacks. Either the attack is internal or external, it can lead to a complete shutdown of operations and digital business activities to a standstill, resulting in downtime costs. In these cases, cybercrime insurance steps in and pays the costs. Extendedand personalized policies also bear the expenses incurred for data recovery or legal advice. In short, crime policies cover the direct loss of your funds, whether through maleficence, employee dishonesty or social engineering. So that things don’t get out of hands, business must take basic protective measures.

Age of Smart Building: Are we ready for Smart Buildings Revolution?  

 

 

We are living in a new age where innovation is attacking constructions sector. Today, many future-oriented companies are already using smart technologies in their offices and other workplaces. Also, with today’s technological evolution it’s possible deliver all the services that occupants need while making the building as efficient as possible, providing better functionality,minimizing costs and reducing the environmental impact of the building over its life.

 

A very common example of these smart buildings and connected building technologies is the use of smart thermostats. They measure the temperature in the building and turn on the heating systems as needed and control the air conditioning. There are also intelligent lighting systems that are controlled via remote maintenance and automatically adapted to the respective time of day. When a building is transformed into a smart building, one of the key attributes is to collect the data provided by the technology and use it to make smart decisions.

 

Features of Smart Buildings Benefits of Smart Buildings
Their core systems, such as, water meters, pumps, fire alarms, power, lighting etc. are all connected, and have the ability of the to talk to one another. Smart buildings leverage IoT connectivity, sensors and the cloud to remotely monitor and control a range of building systems from heating and air conditioning, to lighting and security systems.
When talking about smart the first thing that comes into our mind is the use of sensors as they play a huge role in collecting data to inform decisions about where to allocate resources. A combination of IoT solutions is used to automate access control, security systems, lighting, HVAC (Heating, Ventilation and Air Conditioning) systems and more. that’s what makes smart buildings greener, energy efficient and cost effective.
Data is gathered and analyzed constantly in real time. This ongoing monitoring allows for automated adjustments that can control conditions across an entire building.

 

 The use of sensors and cameras provides precise data on how the building is being used, which can be useful for decision making.
Smart buildings generate a large volume of valuable data about their own use, which is something that regular buildings don’t do. The savings can be made in terms of everyday spend and maintenance on equipment.

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Smart buildings make a substantial contribution to improving the living and working conditions of the respective building users. Everything, such as clocks, speakers, lights, door bells, cameras, windows, window blinds, hot water heaters, appliances, cooking utensils, are all connected and can communicate, send you information, and take your commands. These IOT gives you the ability to control items around the house, with a simple push of a button (or a voice command).

 

Smart Homes: An open invitation to hackers?

 

As listed above, the smart and connected home provides many benefits, but it also brings security concerns. As any connected device is a door between your home and the entire world, you must consider the consequences of getting hacked before walking on this path, because if a hacker manages to gain access to a smart building, it opens up a world of possibilities. Therefore, security must be carefully considered for every single Internet-enabled device, whether lighting systems or refrigerators, before these technologies are used in smart buildings.

 

If you want to enjoy the many advantages that connectivity offers in smart buildings, it is essential to fully protect and secure all networks and devices. As every one of these devices is a potential entry point for a hacker, the operators of smart buildings must manage all devices accordingly. Every software and every hardware have to import current patches to minimize vulnerabilities that could be exploited by hackers. Last but not least, a comparatively traditional method such as phishing is still extremely successful. One should know what signs point to a phishing campaign and manipulated attachments. Ultimately, it is crucial to install security measures at different levels. From network security itself to real-time monitoring. The latter allows to detect anomalies that indicate a potential cyber threat.

 

Smart Buildings have a variety of sensors, control systems, networks and applications. The underlying technologies have been introduced primarily to make buildings and workplaces more efficient, reduce costs and, not least, to improve the global environmental footprint. However, these technologies have equally ensured that the attack surface has increased significantly. As a result, security considerations for the devices in question should come first and foremost before they become part of the corporate network.

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