What does this mean for IT governance and policy?
Symantec just released its 2019 Internet Security Threat Report (ISTR). It is largely a comparison of malware trends and cybercriminal activity over the last 1-3 years. A quick look into the data reveals that many of the report’s findings are aimed at the end user or environments with a small IT footprint. Despite this, there are valuable insights can be taken from it about enterprise IT governance and IT risk modeling. This two-part series talks about the economic motivations of cybercriminals and how their actions change as a result. It then talks about how these should influence your IT risk modeling efforts.
Nearly 50 percent of North American and European companies involved in "the 2018 State of IT" survey by Spiceworks said they hoped to increase their information technology (IT) budgets by 19 percent this year. They'll be allocating more money to software and hardware, including networking systems, cloud-based services, mobile technology, servers, external storage, and IT managed services. Around 60 percent of the respondents expected their revenues to increase in tandem with their growing technology budgets.
Healthcare devices generate a tremendous amount of data. Too much, in the minds of some doctors, who worry the flood of information generated not only by devices in healthcare settings but also by emerging "recreational" health monitors and in-home health tech, can lead to "data overload" that will cause providers to lose the forest for the trees and misdiagnose patients. Healthcare IT professionals also fret about the challenge of storing and analyzing this fire hose-volume stream of data. And for good reason. The so-called "internet of everything" – networked products which in the healthcare field run the gamut from pacemakers to MRI machines – is expected to generate a staggering 507.5 zettabytes (that's 507.5 trillion gigabytes) of data by 2019.
In our last post, we compared how the CCPA and GDPR differ conceptually. Today, we’ll look a the two systems in light of How CCPA compares to GDPR.
2018’s new consumer data privacy laws are business critical. Unfortunately, just when you thought you had the European Union's General Data Protection Regulation (GDPR) figured out, along comes the California Consumer Privacy Act (CCPA) to open up Pandora's box again. Well, we're here to help you sort out both laws. We decided to kill two birds with one stone: tackling the California Consumer Privacy Act & GDPR at the same time.
Last week Starwood resorts, a recently acquired subsidiary of Marriott, reported that the information for approximately 350M customers was breached.
One of the key focal points of your enterprise architecture efforts must be security. With all the flexibility and business enablement offered by cloud services and agile development activities, implementing and managing security concerns becomes more challenging every day. Building and enabling security management services that are consumed and integrated into your business flow as functional capabilities is now a foundational requirement.
Whether you are just evolving an information security program, or are redesigning from the ground up, one pivotal question you should be asking is: “Should I be incorporating a Managed Security Services Provider (MSSP)?” There are a great many strengths to this approach, and it can enhance your team in many ways, including:
Machine learning will soon give rise to true artificial intelligence (AI), and has already become an integral aspect of customer engagement innovation.
How do you know if your organization is agile?
Here are some questions you could be asking yourself to determine if you possess the common traits of agile organizations:
Quality and speed: does your entire organization focus on value delivery and a quick feedback loop regarding the value?
Consistent values: is there alignment and clarity around the mission, and vision and values of your organization?
Failure is an opportunity to share knowledge: do you and your team members embrace failure as a learning opportunity, have a strong purpose, vitality and a learning mindset?
Hyper-productive work mode: do you consider that your company has a strong ability to execute, high levels of accountability, customer-centric thinking and strong cross-organizational synergy?
Work/Life balance and consistent delivery: do team members feel empowered to be dedicated to personal and organizational goals, and create a discipline of shorter release cycles?
When considering a transition such as this, it’s important that we start where change is more likely to occur. After asking yourself the questions mentioned above, think about which are the areas you feel more comfortable introducing changes to. In other words, set yourself up for success from the very beginning. Motivation and morale are key in organizational transformations, you want to make sure people are engaged and excited about the changes and there’s nothing more exciting than seeing results right away.
This series will focus on Organizational Agility and is comprised of the elements we find critical for you to be aware of to thoroughly understand what it takes to be an agile organization.
What is it?
Rapid changes in the environment we live in have made it critical for companies to be able to adapt quickly. Organizations are changing and releasing new tools and solutions every day, our clients are hungry for success, and competition is often emerging from unexpected places with companies changing markets suddenly (i.e. Amazon’s decision to go into healthcare). History -and biology- show that if we’re not able to respond and adapt swiftly, we’re out of the game. In today’s business environment, organizational agility is a necessity, not a luxury. Organizational agility is described as:
“The capability of a company to rapidly change or adapt in response to changes in the market. A high degree of organizational agility can help a company to react successfully to the emergence of new competitors, the development of new industry-changing technologies, or sudden shifts in overall market conditions.”
Competitive advantage depends on the ability to move quickly, decisively, and efficiently. But how do we achieve this? Creating the culture that has a built-in capacity for agility. Agile companies focus on the ability and capacity to implement changes, as well as the ability to verify the contribution of execution to performance. Agility makes companies adaptable and proactively nimble as part of their culture.
Want to know more about how to make the transition to agility? We will reveal more about the steps you need to think about when contemplating such a transformation in this series.
Topics: data analysis
With healthcare cost rising 6-7% a year (since 2014) more and more Americans are facing difficulties paying, yet despite high costs, access to doctors in some areas is limited. Could the recently announced deal for CVS to buy Aetna start solving a few of the industry’s biggest pain points?
Embrace the new NIST Digital Identity Guidelines to better manage access management risks. By doing so your organization can manage costs and enhance digital and physical security. The secret lies in three basic principles.
In the first part of this two-part series, we discussed how the reputational impact of major breaches in physical or information security can be managed to protect a company’s bottom line. This second part looks a little further ahead to evaluate how a company’s costs are impacted by such risks and can be managed to preserve profitability.
We live in an era of sometimes unfathomable risk. From the November 2015 attacks in Paris that left 130 victims dead to the deep breach at Equifax that exposed 145 million consumers’ most intimate data, people, places, and companies are dealing with the unexpected every day, and one of the primary repercussions is to the integrity of their brands.
In the past 100 years, the average time a company spends on the S&P 500 index has shrunk from sixty-seven years to fifteen, and it’s getting shorter all the time. The key driver of this turnover is the way technology is shortening feedback loops. It’s possible, faster than ever before, to measure the impact of your actions, and the lean startup has been the most important manifestation of this phenomenon.
The Health 2.0 conference this year featured a panoply of digital health startups that reimagine the future of healthcare. From predicting health outcomes using genomic and environmental determinants, enhancing payments using blockchain technology, to reducing suicide by addressing mental health and loneliness issues, provider adoption remains a common challenge.
We had a great conversation on Nov. 15th about General Data Protection Regulation (GDPR). Join the discussion with privacy and compliance experts from Levi's Strauss & Co., infoedge, Spirion, and Robert Half Legal as they dive into a critical step on the roadmap to GDPR compliance - Identifying, discovering, and inventorying your EU Personal Data.
Chances are, 1 in 2 adults in the US have just had their SSNs, birth dates, and addresses put on the auction block. This periodic and ongoing saga of corporate hacks just got very real.
~ Authored by Mindy Lenderink & Joe Knape
At the beginning of IT Agility success is learning to “think Lean” and creating a culture where Lean thinking becomes the norm.
Topics: IT Agility
~ Authored by Regina Liang & Karolina Chachulska
Three in four adults in the U.S. do not adhere to their drug regimen as prescribed. This could mean not refilling a prescription or taking a smaller or higher dosage than necessary. Medication nonadherence impacts patient treatment and quality of care, and costs the healthcare system $300 billion annually according to PhRMA, the Pharmaceutical Research and Manufacturers of America.
Top Five Insights:
- The emergence of few cloud providers creates an environment of concentrated risk
- Cyberinsurance may help drive appropriate risk spend and behavior
- The less you know where your data crown jewels are, the less resilient you can be
- Develop the appropriate hooks into the organization to optimize impact
- People continue to be key to any good resiliency strategy
Topics: Information Risk
~ Authored by Mindy Lenderink & Joe Knape
What do you think about being Agile? Does it bring an image to mind? Some people think Agile is so great that it is the answer to every problem that needs solving. Other people wonder what the excitement is about because Agile is not a differentiator in their organization.
For every extreme opinion, there are many opinions somewhere in the middle. Why is there such variance in opinions? How do you make Agile work for you?
Topics: IT Agility
infoedge is pleased to welcome Karen Skelly, as Director of the New York City Metro market. Karen will be responsible for leadership of the NYC Metro team, both developing new business opportunities and delivering solutions to client needs. Additionally, Karen will be leading our integrated Experience practice, helping our customers design, develop, and continually improve compelling experiences empowered by data for their customers and their workforces. Karen has a proven record of creating and sustaining long term business relationships with both customers and industry leaders based on value. We look forward to welcoming Karen to our team and working with her to continually improve our services and offerings for clients both nationally and in the NYC Metro market.