Business Continuity in the COVID 19 era.| Top 5 approaches to a secure and effective Work from Home.The COVID-19 pandemic presents a serious threat to people, businesses, and economies across the world.Gartner’s recent Business Continuity Survey shows just 12 percent of organizations are highly prepared for the impact of Coronavirus.Smart leaders must focus on how they can best protect their people, serve their customers, and stabilize business continuity.During times of crisis, business operations—the intelligence engine of an organization—are more important than ever.Business continuity and disaster recovery plans are being tested by rapidly evolving challenges, such as travel restrictions, and as large-scale remote working becomes a reality.32% - of senior executives rarely update their operating model, according to initial data from an ongoing Intelligent Operations survey by Accenture and Oxford Economics.In this interesting webinar, our in-house expert - Mr. Narendra Sahoo in a very practical way covered: 1.
With the outbreak of COVID-19 severely taking a toll on businesses across different sectors, companies are further facing new challenges of cyber security for remote workers.As steps to counter the lockdown situation and prevent the community spread of coronavirus, millions of employees across the globe have been asked to work from home with their laptops.While the business processes have been disrupted largely, working remotely has now become the need of the hour.During such situations, while some businesses already have a remote working policy in place, the others are having a tough time managing this new challenge.Here is a checklist that can ensure cyber security for the entire team working remotely, and limit the possibility of cyber-attacks.The checklist is categorically divided into sections and sub-section, specifying in detail what needs to be done and what are the precautions that need to be taken by employees working remotely.General Precautions:Remind the employees about the importance of confidentiality of data, at all times.Remind your employees not to share their work devices with their family or friends.Let the employees know that they are bound to abide to the policies of the company and are being monitored by the company as per the terms and conditions of employment.Remind them that the cybersecurity protocols that were applicable at the office are now applicable at their home office, too.Provide employees with a VPN set up, as a solution to remote working.Ensure all the systems, firewalls, and antivirus software are applied without delays for systems and applications installed and updated from time to time.Company policies:Remind employees of company policies and other relevant policies as stated by the company.Remind employees that visiting websites that contain illegal content is prohibited.Remind employees that they are prohibited to download any documents or content from unauthorized sites.Ask employees to only use authorized USB flash drives and cloud services.Electronic devices provided by the company should only be used for official work.Electronic devices:Implement enforceable technical security measures on all electronic devices provided to the employees,Ask employees to use all the electronic devices such as laptops, mobile phones, USB stick etc to be used only for official use and to only store company data.Create awareness among employees about phishing and malware attacks.Privacy:Remind employees to respect client privacy, and not share any information of the client to family members or friends.Remind employees not to print any personal information of clients while working from home.Strictly use official mobile devices for sending any message or calling clients.Remind your employees to get into the habit of blocking webcams, both physically and through the application, especially when on a meeting or conference call.Backups:Remind your employees to take a backup of all types of critical data and important documents at all times.Working remotely with probable issues of the network can lead to loss of information or data therefore, backup of all work is essential.Employees should be reminded of only using approved hard disks for taking a backup of their work/information/data.Passwords/pins:Remind employees not to share passwords with any family member or friends.Avoid sharing official passwords and pins to any person via SMS or email or even verbally.Ask your employees to keep strong passwords and avoid using automatic remember password optionsEmployees should remember all the passwords and shouldn’t expect a reset of the password by the company over phone calls.Ensure you make two-factor authentication for logins, mandatory.Create awareness about Phishing emails and scams:Ask your employees not to open any suspicious email attachments or download any suspicious files as it could be a malware.Remind employees to avoid opening any kind of pop-ups on their work devices.Ask employees to immediately report on any malware and ransom ware, in case they come across it on their work device.Streamline processes to report any kind of suspicious incident.Educate employees on the different types of social engineering attacks and ways to not fall prey to it.Remind employees to check and ensure they only receive emails from authorized sites and company domain or only trusted source from where they have earlier received emails.Ask employees not to share any confidential information with an unauthorized individual.Ensure that the company has an incident response policy in place.Ensure to frame, test, and implement such a policy.  
Emerging technology and growing trends of outsourcing critical business operations to third-parties have greatly exposed businesses to Cyber Security threats and Compliance Risks.With this, global regulatory bodies have started placing great emphasis on Cyber Security and Compliance for businesses.The AICPA Attestation Standards require CPA firms to enter the Cyber Security space for auditing and helping businesses establish strong and effective internal controls over financial and non-financial reporting of Service Organizations.Having said that, in today’s article we have explained why a Service Organization needs a CPA firm for SOC Attestation.The article explains the role of a CPA firm in the SOC Audit and Attestation process of a Service Organization.So, before getting into the details, let us first start by understanding who is a CPA. 
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Data Privacy laws around the world have levied stringent obligations on the way businesses are required to handle sensitive data.Non-compliance to these obligations will have severe consequences and penalties, especially in case of a security breach.Organizations looking to achieve GDPR compliance need to map their data flow to assess privacy risks.GDPR Data Mapping is the process of determining the type of data processed and the way they are processed.This helps determine the risk exposure of your company and systems or applications that are highly exposed to threats.Conducting a data flow map is an essential part of your Article 30 documentation and the first step into the journey of achieving compliance.
One of the almost everyday queries we receive goes something like this "We are operating in the Middle East (UK, Canada, SEA, etc.)but SOC2 is a US standard, is it applicable to our company?"It’s a fair question that we decided to address in this video.This is a very practical query pondered upon by many companies before making a significant investment of time and money.This short and informative video summarizes quite a bit of our experience garnered over more than a hundred international SOC2 assignments.SOC2 Report is an audit report of Service Organizations that details the effectiveness of an organization's internal controls.The report serves as a validation document stating that all the necessary security controls are in place and appropriately safeguard business-critical information and systems.It serves as evidence to clients who need to assess and address the risks associated with the outsourced service.These critically essential audit reports are drafted by Qualified Auditors known as the (CPA) Certified Public Accountant.Watch this video: 
PCI DSS Compliance is a mandate for every organization dealing with cardholder data.So, when it comes to your E-commerce business, you are expected to be compliant with the PCI Standards.When running an e-commerce store, the last thing you would want to deal with is a security breach and its legal implications.So, for those of you running an e-commerce business, you must take into account various security parameters for protecting your business against cybersecurity threats.You need to ensure that your business is PCI Compliant, with the website and payment gateway developed and designed securely.E-commerce website design is more than just looks.From the Compliance standpoint, you need to consider its functionality and also ensure that all the customer information passed from one party to another is secured.
This video will provide guidance on the general best practices for securing e-commerce implementations:1.Different e-commerce methods, including the risks and benefits associated with each implementation as well as the merchant’s responsibilities.2.The selection of public-key certificates and certificate authorities appropriate for a merchant’s environment.3.Questions a merchant should ask its service providers (certificate authorities, e-commerce solution providers, etc.)General recommendations for merchants.The fastest-growing marketplace and going ahead, perhaps the only marketplace will be the online marketplace.You may not be involved directly in it but you may have a vendor providing these services.
As the COVID-19 pandemic continues to spread across the world, companies have embraced the new way of business operations.This includes allowing employees and stakeholders to work remotely.New government-mandated regulations and restrictions on the movement of individuals, has widely encouraged businesses to adopt remote working models.While this move has helped control the spread of pandemic situations largely, it has however led to a surge in cybercrimes like data breach/theft.With cybersecurity issues growing drastically, the PCI Security Standards Council was quick to recognize the crisis situation and the extraordinary circumstances that companies around the world are facing.To address the severity of the situation, PCI SSC issued a guideline detailing guidance for remote work.The issued guide stresses the need to maintain security practices to protect payment card data.
PCI DSS Security Standards have for long been a hot topic of discussion in the industry.It may seem quite confusing and intimidating, as many organizations fail to understand its requirements and area of application.Organizations are struggling to understand the application of PCI DSS controls and identify systems that need to be secured.However, in this document, we have put together a detailed guide that shall help you understand the ins and outs of PCI DSS Security Standards and Compliance for your business.This document will work as a guide for organizations to identify systems that need to be included “in-scope” for PCI DSS.Further, the document helps understand how segmentation can help reduce the number of systems that require PCI DSS controls. 
As cybersecurity continues to be a growing concern for most businesses online, it calls for an efficient, and risk-free means of payment transactions across platforms.While Regulatory Bodies are doing their bit by establishing frameworks for secure online transactions, adopting effective technologies to tackle the issues of cybersecurity is equally essential.Having said that, today’s industry has witnessed a great development in technology for addressing the risk of online payment transactions.There is a significant development in PCI compliance with businesses now moving towards using the latest Blockchain Technology.
PCI DSS Compliance is a mandate for every organization dealing with cardholder data.So, when it comes to your E-commerce business, you are expected to be compliant with the PCI Standards.When running an e-commerce store, the last thing you would want to deal with is a security breach and its legal implications.So, for those of you running an e-commerce business, you must take into account various security parameters for protecting your business against cybersecurity threats.You need to ensure that your business is PCI Compliant, with the website and payment gateway developed and designed securely.E-commerce website design is more than just looks.From the Compliance standpoint, you need to consider its functionality and also ensure that all the customer information passed from one party to another is secured.Having said that it is important to note that, those of you who outsource the payment process to the third-party vendor still fall under the ambit of PCI Compliance.Although your scope of compliance may reduce due to the outsourcing of the payment process, you will still be responsible for the security of the payment process.In today’s, article we have provided a few tips and guidance that will help you in your efforts of achieving PCI DSS Compliance.Given below are certain elements or security parameters that you must consider for your e-commerce business.
Over a million people across the globe become victims of cybercrime daily.What is more alarming about the situation is that, despite taking numerous precautionary measures, hackers manage to evolve and use advanced techniques to break into systems and illegally access critical data.pHaving said that, you have every reason to worry about the confidentiality of your business-critical/customer data.Over the years research reports on cybercrimes suggest most of the data breach that occurs is related to debit and credit cards.This is why the PCI SSC Council was incorporated and the PCI DSS standards were set in 2006 to strengthen information security and secure customer data.Read the full article here:- How does PCI DSS impact Banking 
Over the past few years, the industry has witnessed several incidents of high profile data breaches.Incidents like these serve as a reminder for businesses to prioritize data security and strengthen their business environment.Addressing the concern of data security, the Payment Card Industry Security Standard Council (PCI SSC) issued guidelines under Payment Card Industry Data Security Standard (PCI DSS) for securely processing, storing, transmitting payment card data.As per the PCI DSS Standard requirement, organizations in question need to determine the scope of their PCI DSS assessment accurately and secure card data.Determining the scope essentially involves discovering of unencrypted card data and securing the source to prevent breach/data theft.It is interesting to note that most of the incidents of data breach/theft in the industry today is due to the lack of securing data stored in undiscovered locations.This potentially exposes most organizations to the high-level risk of a data breach.
How to tackle credit card fraud with PCI DSS compliance in UK.In today’s digital world, the new payment technology has brought along with it significant risk associated with credit card fraud.Over the years we have witnessed a huge spike in online payment frauds which has further led to huge amounts of losses for businesses and credit card companies in the UK.Every year nearly 70-80% of the people in the UK plan their holiday shopping online for the ease and convenience that it offers.  
Credit cards and debit cards provide great convenience to consumers when shopping both online and offline.But with this, so has the payment security challenges increased for retailers.Despite a lot of measures taken for ensuring secure payment processing at every step, sensitive cardholder data are often exposed to risk.Read the article on why is PCI DSS Training so important..
GDPR and HIPAA are two Compliance Standards that have taken the industry by storm.Both the Standards have for long been a topic of discussion as organizations scramble around to ensure Compliance.While the EU General Data Protection Regulation is a data security law that came into effect in 2018, the US Health Insurance Portability and Accountability Act is a health information security law that came into effect in 1996. 
Recently there has been a wave of ransomware and sniper attacks online that have left many businesses and individuals compromised not only can these attacks your computer and destroy your data but even more importantly you could end up being the victim of identity theft in this article we’ll cover 11 steps you can follow to protect yourself from being a victim of these types of attacks. 
E-commerce businesses have exponentially flourished over the past decade.With the boom in the industry, so has the level of risk in context to data breach/ theft spiked over the years.It is therefore imperative for e-commerce businesses to ensure safety and protect consumer data.E-Commerce businesses are expected to create a safe environment for customers providing their payment information to make purchases online.For the benefit of consumers and to help merchants secure their payment data application, PCI SSC has provided a detailed guideline suggesting the Best Practices for Securing E-commerce.The information provided will educate merchants and help them in securing payment applications and cardholder data.Lets us today through this article learn about the recommendations offered by PCI SSC and understand how it will help merchants.
Attackers have all the expertise and knowledge of hacking into applications to gain confidential data from the victim.The easiest way for them to gain access to valuable data is by hacking email accounts.Statistics highlight the fact that throughout the world every 1 in 4 accounts are hacked.Email accounts often contain valuable and confidential data like photos, invoices, receipts, addresses, contacts, banking details and often reset passwords for other accounts.Everything that a hacker needs to cash in and commit an identity theft which can then balloon into a full-fledged cyber attack or data theft.Email accounts can be compromised in a number of ways, but the most common methods used for hacking is through phishing emails, exploiting flaws in software, and guessing passwords.However, here are some simple ways to prevent attackers from hacking your email and gaining confidential data from you.
As cybersecurity continues to be a growing concern for most businesses online, it calls for an efficient, and risk-free means of payment transactions across platforms.While Regulatory Bodies are doing their bit by establishing frameworks for secure online transactions, adopting effective technologies to tackle the issues of cybersecurity is equally essential.Having said that, today’s industry has witnessed a great development in technology for addressing the risk of online payment transactions.There is a significant development in PCI compliance with businesses now moving towards using the latest Blockchain Technology.  
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