Organizations in the healthcare industry have always been a target for cyberattacks. Since the COVID-19 pandemic struck and sent the healthcare industry into chaos, the number of cyberattacks and attempts has increased exponentially.
After a bumper crop of cyber incidents last year, 2021 is seeing more small businesses turn to outsourced providers for security services than ever. 2020 saw a 20% growth in hacking attempts faced by U.K. businesses, made worse by an increase in attack complexity.
Digital transformation is the phrase on everyone’s lips – for good reason. It enables organizations to better manage operations, enhance profit margins, and ensure the efficient transfer of goods and information between supply chain nodes. As a procurement professional, you’re on the front line of this process. This is also why you need to be the first line of defense.
Detecting the SolarWinds Hack
The cybersecurity world has been overtaken with concern over a state-sponsored cyberattack perpetrated by Russian intelligence agents against multiple federal agencies, including those responsible for our nuclear stockpile. Prominent cybersecurity firms such as Microsoft and FireEye, who were also victims of the attack, were the first to identify it.
In June 2020, in response to the coronavirus, President Trump signed an executive order to freeze access to new H-1B visas for professional and technology workers doing business in the U.S. This has a huge impact, considering in 2019 about 139,000 new H-1B petitions were approved, joining 250,00 which were extended.
Data security is a significant issue of concern for both small and large organizations. As an organization holds onto data collected from customers and vendors, it should be wary of the threat posed by cybercriminals. There are several standards that you should comply with when it comes to information security. ISO 27001 is one such standard.
There’s something that has been revolutionizing our world without us even noticing it. A technological device that promises to create a new way to encrypt information and process data. This technology is called quantum computing. This isn’t something easy to understand at first, but once we know the science behind it, we’ll be able to see the benefits this could bring to our society.
While the rapid shift to a remote workforce model in the wake of the COVID-19 pandemic has driven many changes for businesses around the world, a few constants have grown in importance. To maintain operations as seamlessly as possible, organizations must secure their payment systems, technology access, and sensitive customer data no matter where it resides, and that is particularly true when it is being accessed or processed by employees from their homes.
The constant cyber threat has completely changed the way boards around the world approach risk. A robust cybersecurity posture is no longer a “nice-to-have” but a business priority, especially at a time of almost pervasive threats. As the need to protect customer data grows, business leaders have been attempting to work out how best to respond to this new reality, and, most importantly, whose responsibility it should be.
As businesses across all industries undergo digital transformation and adopt new, omnichannel strategies for engaging with customers, the enterprise contact center of today is continuously evolving and looks dramatically different than in the past.
Suppliers are mission-critical partners for business success. Unfortunately, too often, an “arm’s length” relationship creates problems that are revealed only after it’s too late.
When suppliers feel conversations only occur after poor performances, the opportunity to have a productive, collaborative conversation may already be over.