Building New Data Protection Capabilities in 2016

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Building new data protection capabilities in 2016

Where businesses need to focus?

ITRC’s latest data breach reports revealed some serious findings: Continue reading

The Emergence of the CSO and the future of Data Security

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future of data security

Data is the essence of all businesses across the world. Protecting it from theft, exploitation, and misuse is now top priority for the organization. Client data that has been hacked can wipe out crores  in revenues, and stolen intellectual property can impact competitive advantage. This can lead to needless privacy abuses that bring scrutiny and penalties from regulators, causing damage to the organization’s reputation.

Managing data is no longer confined to the multifaceted ecosystem of privacy-conscious consumers, digital staff and suppliers; data today is fuelled by mobility and the cloud. Perimeter-based security is no longer applicable. Data-centric security, where security is positioned closer to the data itself, is now the new reality.

The future of data security

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Internet of Everything – Security Concerns In a Connected Era

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securing IoT

Imagine a world where every aspect of your life is connected. What you do is recorded by a growing number of connected devices you touch, interact and encounter every day. And then the collected data is shared over a network. Our world is becoming a central nervous system running on a network of connected devices.

By 2020, the number of internet-connected devices will reach 50 billion. Mathematically, that’s around 8 connected devices per person. And this indeed creates a simple but a dangerous dilemma. While our ability to collect data will grow via connected devices, there is hardly any adequate security system in place to protect and secure this data. Continue reading

Mobile & Cloud – The Top Security Concerns of 2016

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top security concerns of 2016Mobile security challenges:

The mobile has taken center stage in all aspects of life, but its influence is perhaps most noticeable in the corporate sector where the influx of mobile technologies has brought a sea change in the way enterprises operate. The proliferation of mobile has naturally led to concerns regarding security.

Today, 2 out of 3 employees use their mobiles for work-related activities. More and more companies are adopting BYOD’s at their workplace. Mobiles have become a mine of sensitive corporate information and a probable entry point in the IT. In the event of a mobile getting lost or stolen, there is a high chance of sensitive data falling into the wrong hands. For example, according to OCR, there were 253 breaches affecting more than 500 individuals, and running into a combined loss of over 112 million records in healthcare sector. And in Japan, at least 2.07 million sets of personal data were stolen or feared leaked from 140 organizations in 2015, according to a Kyodo News survey. In automobile sector, Mercedes has filed a lawsuit against Benjamin Hoyle (the company’s former employee) for stealing confidential information before leaving to join a rival company. These are perilous security incidents that corporates and companies cannot overlook.
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Alert! Hackers are Watching Your Organization [40 sec read]

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Enterprises encounter serious security breaches despite investing heavily in Information security infrastructure. Hackers are always devising new ways to breach the Information security of an organization, either from within the company or from outside.

Research suggests that 90% of enterprise breaches could be prevented through proper monitoring.

Alert! Hackers are Watching Your Organization. Enhance your Information Security.

However, setting up a 24X7 Security Operations Centre (SOC) to monitor is an enormous challenge because:

  • The high set-up costs can run into lakhs and crores of rupees
  • Demands significant time and effort
  • Growing shortage of skilled in-house security experts
THE CMS IT PROPOSITION

CMS IT is delighted to announce the “Security Eye”; Service that provides a round-the-clock monitoring of your IT landscape.

As a new-age Information security service provider, CMS IT Services is pleased to bring forward this unique proposition to help clients adopt a best-in-class SOC at minimal investment. Continue reading

Combating Cyber Security Concerns in Financial Institutions with Intelligent Solutions

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cyber securityThe financial industry is constantly subjected to a myriad of threats and vulnerabilities. Gone are the days when criminals use to plan for months together in order to execute a bank robbery. Today, banks have stringent security measures that will not let anyone break in easily and walk out with millions of cash easily. But for the criminals, the focus is not on currency anymore. Hackers and cyber criminals plan their crimes from the comfort of their home with just a computer and a keyboard. Consumers have moved to online banking and are doing transactions with digitalized form of currencies. Stealing sensitive data such as credit card information, birthdate, password, and username offers hackers access to a great deal of information with which they can cause irreparable damage to the banks and the consumers. Continue reading

Safeguarding Businesses with Intelligent Security Methodologies

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Intelligent Security Methodologies

The cyberattacks that happened between 2014 and 2015 affected many large companies and affected millions of consumers. These crimes happened in a matter of seconds and the high profile information hackers stole were sold in the black market within few days. From eBay, Anthem, Target, J.P.Morgan Chase to Staples, Primera Blue Cross, Sony Pictures, and The Home Depot, every company acquired huge losses and suffered severe reputational damage. The list does not stop here. These are just a few names out of a bunch of other large and small companies that were victims of cybercrimes. Continue reading

Risk to Information Security with Enterprise Mobility

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Information Security RisksEmployees of an organisation can efficiently work on smartphones, tablets and laptops anytime and anywhere by implementing enterprise mobility. While mobility increases the performance and has enormous benefits, there are a few risk of security to information being stores and transferred from these devices. Adopting mobile devices and applications in a work environment is expanding in a fast pace over many organisations.

It has been observed that there is a risk to the privacy with the use of cloud and mobility software. These risks should be taken care of at the right time to ensure that there is no leakage of information and enterprise mobility is within the security controls. Continue reading

Mitigating Cyber Threats in the Retail Landscape

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Mitigating cyber threats in retail

Most of us are aware of what retail therapy is capable of. It puts you in an elevated mood, reduces stress and the world feels like a better place again. The advent of internet and the numerous online retail websites are doing an excellent job of offering people this therapy, and that too at their doorstep. With a perfect combination of great discounts, unbeatable deals and fast delivery, online retailers are giving consumers the value for their money.

In the past, consumers were skeptical about buying products online. Shopping websites saw numerous abandoned carts for one reason – consumers did not trust a website enough to give out their bank account details or credit card information. With the network security measures heightened, consumers gradually started trusting e-commerce websites. Continue reading

Advanced Cybersecurity using Predictive Analytics

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The promise of business intelligence and Big Data/Analytics has been around since many years.  Companies have been making claims that data-driven decision-making will transform organizations but have failed to fully deliver.  It is true that descriptive analytics (reporting) is essential and significant; however, in order to create real value (Return on Investment) for data analytics, enterprises must think about the future. In order to achieve true value from Big Data/Analytics, organizations must execute predictive analytics.

Predictive Analytics: The Future of Business Intelligence

With enhanced analytical capabilities, organizations will be able to understand better how cyber-attacks will unravel, and how to freeze them in their nascent stages. Continue reading