Digital dividends becomes a challenge to the digital divides

The fear of unauthorized access is way higher during these times as hackers know a large portion of the population is working from home. Every small and medium business needs to have a strong access control policy defined for their employees.   More than half of the data breaches happen due to weak or old passwords. Use passwords, and strong passwords and change time at regular intervals. Do not write down your passwords on your laptop/computers.   If you move away from your computer, even for a washroom break, lock…

The rising risk of insider threats in the remote workforce

Security is integral part of Digital Transformation and absolutely there is no doubt on it. In these unprecedented times, we will see newer disruptions from the sales to delivery everything to change rapidly with people being the core of this change.   Employees across organizations are dealing with anxiety, stress, fatigue and confusion. There are lots of discussions are going on among the experts, on how to protect and ensure well-being of your workforce while businesses plan for continuity in the new normal. It is like from the survival to…

India is the fastest growing digital economies, Shaping Towards the New Normal

Indians are consuming a lot more data as the broadband users are upgrading to higher data plans and India is figured as the largest and fastest growing digital economies. India’s data usage per smartphone has grown by over 20% in the last 2 years, averaging 11 GB/month. During the crisis, connectivity has been the greatest enabler for social and economic engagement leading to 20% -25% increase in data consumption in the past 2 months. The changing consumption patterns are shaping a new normal toward a more digital way of life.   Many…

Digital economy is at risk with the growing cyber attacks

According to Cert-In, there is an looming threat of a massive phishing attack in India. The new phishing attack could imitate government organisations and can steal sensitive personal data and financial information. The advisory claims that the phishing attack, conducted by “malicious actors”, will be done in the guise of a Covid-19 related directive and it is expected to begin on 21 June. These cyber-attacks will be focused on both individuals and business organisations ranging from small to large.   Make sure you know about “shadow IT” solutions, It is…

Capitalising on agility to win the digital banking competition

For every bank in today’s age, digital transformation has become a herculean task being saturated with technology. Traditional banks and lenders are now required to embrace unpredictability, maintain agility and digitise to the core. This signifies the need for a new approach to banking.   The digital landscape we once knew is dead, and the traditional roles of PR and marketing professionals have been left in the dust. New challenges require us to constantly adapt and survive in order to thrive in our changing environments. The cloud and increasingly complex…

Digitalization and cyberattacks go hand in hand

Without Cybersecurity, No e-work is Safe… Ignoring cyber risks means killing the business. Cybersecurity is much more than simply installing a new antivirus and IoT that drives the technology behind the digitalization of industry. The future of manufacturing is made possible by the way machines talk to each other. Operational Technologies are informed and governed by software and connectivity. Without protection, hackers can gain access to confidential information such as product designs, halt operations, and disrupt the supply chain, which is the next agenda of the cybercrooks.   At the same…

Digital banking brings revolution during COVID-19

Banking in India was supposed to be the supporting pillar of economy. It has leveraged the Indian financial system for decades. 75% of cybersecurity professionals representing financial institutions around the world made dramatic changes to their firm’s cybersecurity programs to cope with the rapid shift to remote work due to the COVID-19 pandemic.   The key findings of the poll included:   Digital banking tools were ready to securely handle a huge increase in volume as only three percent of respondents saw these tools driving significant program changes 11% of…

CIO’s should have the understanding “Jugaad” to overcome technology challenges

From the workplace to warehouses and everything in between, there is no question we are seeing some significant changes driven by technology which are reshaping the Indian telecom industry, which  has evolved exponentially over the past couple of years. The surge in data traffic caused by the Covid-19 pandemic has led to a shift in mobile data consumption patterns and users’ expectations from their mobile operators.   The digital future has come into sharp focus for most of the organizations over the last few months. Concepts that seemed to be…

No road block for the cyber espionage cases

The personal mobility devices market is projected to grow in lips and bounds and the number of smartphone users in the world is 3.5 Billion, which translates to 45.04% of the world’s population owning a smartphone. In total, the number of people that own a smart and feature phone is 4.78 Billion, making up 61.51% of the world’s population.   The COVID-19 pandemic has redefined contours of business continuity to lead us to the era of ‘digiwork’. The demands placed on digital infrastructure has soared drastically. Higher dependence on digital devices for the…

Technology empowering people stay connected in un-touch world

None of us were prepared for the huge crisis for COVID-19. We understand it is a hard time in both personal and professional terms.   Over 90 million small traders and labourers lost their jobs last month as fear over coronavirus led to a nationwide lockdown in India. The pandemic is hitting the job market hard, with unemployment rate rising to its highest level in a year, almost three times average for 2019-20.   The shift to remote working caused by the pandemic has left offices empty and pushed companies…