Workforce management, often shortened to simply WFM, is about managing staff schedules and services within companies. Workforce management software incorporates most software that focuses on managing and simplifying the process of scheduling staff work hours as well as managing their work and productivity. Managing large amounts of staff members turns into a massive task for human resources teams if they have to do everything manually.
The FBI recently reported that in 2019, cybercrime cost businesses $3.5 billion, a number they say is likely grossly underestimated. Another study from Accenture that spanned 11 countries across 16 industries found that the complexity of attacks is also increasing. As a result, the average cost of cybercrime for an organization grew from $1.4 million to $13.0 million.
The threats from data theft and fraud will continue to be a significant concern for all corporate entities in 2020. eCommerce sales, for example, are expected to reach almost one trillion dollars in the next three years, creating a growing opportunity for attackers to capitalize on fraud. A Juniper Research Report regarding online payment fraud trends estimated that digital card, not present fraud (CNP), one of several fraud categories, will reach $130 billion by 2023.
At the end of 2019, Security Intelligence released a report on trends that should influence your security planning for 2020. Near the top of the list was the need for visibility, alignment, and analytics when it comes to cybersecurity. Leaders are coming to terms with the idea that being able to see, understand, and have reliable records of what users are doing with their corporate assets can provide valuable insights when trying to reduce cybersecurity risks within your organization.
Each day, we depend on energy for almost every kind of activity imaginable. Energy is required to keep lights on, enable transportation around the world, allow hospitals to operate, power the internet, and much more. Also termed the Oil and Gas sector, it’s considered a critical infrastructure sector by most nations around the world. This is because a loss of energy can cause a debilitating impact on the quality of human life.
While countless companies have found themselves in the headlines after being breached over the last decade, there are also many companies we never hear about. Why is that? What makes them so unique that they were never successfully breached before? Is it that they have top of the line security technology? Is it that they don't have assets that attackers care about? Or is it that they've just gotten lucky thus far? None of those common misconceptions are likely the true reason.
According to IBM, it takes an average of 197 days to detect a breach. Today's attackers go above and beyond to evade alerting capabilities and make it look like they were never there. While that number tends to be shorter for Insider Threats, Insiders also tend to be much better at deception and covering their tracks as well.
The agriculture sector is a staple of critical global infrastructure. We need food to survive as human beings, and a loss of access to these assets could be physically and emotionally detrimental to hundreds of millions of people. The sector is made up of numerous organizations that support critical functions such as growing crops, raising animals, and harvesting fish and other animals from a farm, ranch, or their natural habitats.
At the end of 2018, 30 million small businesses were operating in the United States, many of which relied on a variety of technologies to deliver their services. No matter how small in size or how new on the startup scene, these growing companies often face the same cyber risks that large and well-established companies face.
As we quickly approach the last quarter of the year, it's a good time to reflect on what's happened thus far in 2019, and where we should focus our energy for 2020.
