Recently the Economist published two articles that discussed the increasing use of AI and employee monitoring in the workplace. Veriato is pleased that we were referenced in both of these articles. We feel they did a good job of presenting a balanced view of the benefits both AI and employee monitoring offer, as well as the potential downsides if they are not implemented and used wisely.

Wearables, smart speakers, remote security systems, connected cars, inventory trackers, smart headphones: these are just a handful of the connected devices in modern workplaces. The Internet of Things (IoT), or internet-enabled devices that collect and act upon data, is becoming more popular with ever-increasing applications. Far beyond a smart coffee pot that automatically gets the brew going to start the workday, the Internet of Things is changing business security and vulnerability in a big way.

Chances are your organization already addresses cyber security to some extent in new employee onboarding. Whether that’s traditional training videos on cyber security that employees watch on their own time, presentations by IT, or brochures, most employees know that their companies have cyber security protocol and best practices. But how many of your employees actually know what the protocol and practices are?

"Zero Trust" refers to a network security strategy that calls for all users – internal and external – to be authenticated before gaining access to the network. Zero Trust means organizations never implicitly trust anyone with their sensitive data. Instead of using a blanket network perimeter, Zero Trust networks implement a series of micro-perimeters around data so only users with clearance to access certain data points can get to them.

In the medical community, the patient is paramount. There are countless methods employed to treat people and protect their health. But when it comes to their patients’ safety, most hospitals need a higher dosage of cyber security. Currently, health organizations are allocating less than half of what other industries budget for Information Security.

Businesses understand the importance of cyber security, and most are taking steps to ramp up their protection game. In fact, the International Data Corporation has projected worldwide spend on cyber security software, hardware, and services will reach $101.6 billion by 2020. That’s a 38% increase from the $73.7 spent in 2016. But cyber security is changing more than just budgets in the business world.

While HIPAA itself isn’t broken out into separate objectives for each stakeholder in the organization, stakeholders each have different needs around the goal of adhering to HIPAA.