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naram003

Indicators System For Monitoring Intellectual Property Management In Companies - 0 views

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    Organizations and companies that deal with a high level of competitiveness have been compelled to develop intellectual property management systems that aim at insuring information accuracy and determining indicators for decision-making. This systematization and monitoring of information on intellectual property management contributes to the improvement, reliability, quality and managerial efficiency, with the goal of offering the company a competitive advantage. The main purpose of this work is to identify a reliable system of indicators or benchmarks that can be used for monitoring through self-evlauation of the IPM as part of a methodic approach on research. The benchmarks determined and suggested by the study include; Elements which characterize the invitational activity, Indicators which are specific to expenses incurred by the invitational activity and development/procurement of IPO's, Sources of information in the area of IPOs creation, human potential, legal protection of products/services, activity on the IPO market, the structure of the intellectual property management, and indicators which characterize the impact of intellectual property management. To conclude, The systematization of information on intellectual property management at the company and its monitoring would improve reliability, quality and efficiency of management decisions in this area.
danielle caskie

Intellectual Property Management Software Provider IPfolio Enters into Strategic Partne... - 0 views

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    Intellectual Property Management Software provider "IPfolio" is entering into a partnership with ProspeQta as a strategic plan to grow business in the South American Market. ProspeQta, who is the leading IP and Innovation Consultancy is based in Brazil and will now be promoting IPfolio software, focusing on the Brazilian Market. 
Chengcheng Feng

Global Distribution Systems in Present Times - Four Major GDS Systems; Amadeus, Galileo... - 1 views

  • Among the “shelves” on which buyers search for travel services are world’s global distribution systems and the Internet distribution systems
  • The airlines realized that by automating the reservation process for travel agents, they could make the travel agents more productive and essentially turn into an extension of the airline’s sales force. It is these original, legacy GDSs that today provide the backbone to the Internet travel distribution system
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    October 2002 - The travel marketplace is a global arena where millions of buyers (travel agents and the public) and sellers (hotels, airlines, car rental companies, etc.) work together to exchange travel services. This is a good article talking about four major GDS System companies in the world nowadays. When we do some research in GDS area, it is better for us to know some information about these four companies. They are Amadeus, Galileo, Sabre and Worldspan. The author said that Aadeus is Number 1 inlocations worldwide compared to other three companies, Galileo International is a cautions follower when it comes to technology when compared to other GDS companies. Sabre's competitive strenghs are market position, global reach, stable product line, diversification of revenue streams and intellectual capital. And Worldspan has successfully developed the strategies and solutions to ensure the company's long-tern success. After read this article, I think I have the big picture of what GDS System is. The author gave us the strength of different systems. I know what are these GDS companies doing right now in the world. And what is the best is that the author used some accurate data to support the point. So in my point of view, I don't only understand the knowledge related to GDS System, but also learn the way to write my paper, that is using lots of numbers.
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    I don't know why but I was failed to highlight this article. I did it in My Library.
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    It is a great article that provides some detailed information on the four most famous GDS. and it was separated into four parts by explaining the four major GDS one by one. It is talking about the history, current status and development of these four major systems to help readers understand what exactly it is and how it works. I like this because it helps me create an overview of GDS systems.
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    Interesting article that summarize important information about major GDS companies. GDS companies such as Amadus, Galileo and Sabre are platforms in which a range of travel related services are offered through electronic switches and routers .
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    This article introduces four major GDS systems' characteristics and strength. I think these information will be useful for hotels when they choose the GDS systems.
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    According to the World's Leading CRS/GDS System 2011, Sabre is the winner profile. And the Amadeus, Galileo, Worldspan and Zurich Systems were nominated.
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    This is about GDS!
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    In the travel marketplace it is global where buyers and sellers work together to exchange travel services. Global distribution systems and the internet distribution systems have become electronic supermarkets linking buyers to sellers and allowing reservations to be made quick and easy. Travel today is sold most on the internet, it is a vast networks of suppliers and a wide customer pool in a centralized maket. Currently today there are 4 major GDS and they are continuing to grow. This article pretty much summed up what we learned in the past 2 classes
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    SUMMARY A global distribution system (GDS) represents a computerized system used for managing different transactions within the air travel and hospitality industry There are currently four major GDS systems: 1. Amadeus (2) Galileo (3) Sabre (4) Worldspan Amadeus Founded in 1987 by Air France, Iberia, Lufthansa, and SAS, Amadeus is the youngest of the four GDS companies. Amadeus is a leading global distribution system and technology provider serving the marketing, sales, and distribution needs of the world's travel and tourism industries. Its comprehensive data network and database, among the largest of their kind in Europe, serve more than 57,000 travel agency locations and more than 10,500 airline sales offices in some 200 markets worldwide... Galileo International Galileo International was founded in 1993 by 11 major North American and European airlines: Aer Lingus, Air Canada, Alitalia, Austrian Airlines, British Airways, KLM Royal Dutch Airlines, Olympic Airlines, Swissair, TAP Air Portugal, United Airlines, and US Airways. It is a major player in the GDS business throughout the world: North America, Europe, the Middle East, Africa, and the Asia/Pacific region. Galileo International is a diversified, global technology leader. Sabre For more than 40 years, Sabre has been developing innovations and transforming the business of travel. From the original Sabre computer reservations system in the 1960s, to advanced airline yield management systems in the 1980s, to leading travel web sites today, Sabre technology has traveled through time, around the world, and has touched all points of the travel industry. Worldspan Founded February 7, 1990, Worldspan was originally owned by affiliates of Delta Air Lines, Inc., Northwest Airlines, and Trans World Airlines, Inc. It is currently owned by affiliates of Delta Air Lines, Inc. (40%), Northwest Airlines (34%), and American Airlines, Inc. (26%). Since its 1995 advance into the world of Internet technology fo
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    This article is about the GDS system, and it introduced four major GDS system in present times. GDS is a worldwide computerized reservarion network used as a single point of access for reserving airline sears, hotel rooms, rental cars, and other travel related items by travel agents, online reservation sites, and large corporations. The for major GDS systems, Amadeus, Galileo, Sabre, and Worldspan owned and operated as joint ventures by major airlines, car rental comopanies, and hotel groups. GDS is also called automated reservation system (ARS) or computerized reservation system (CRS). Among the four major GDS systems, Amadeus is the youngest one and has done remarkably well during its short tenure. With its strong company infrastructure worldwide, impressive product set, and growing customer base, Amadeus is one of the most significant players in shaping the future of the GDS. Galileo's competitive strengths include market share, well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems, highly skilled personnel, and a stable product line. Gralileo is a follower when it comes to technology, but is has established successful relationships with entities such as Go, UK's best low-cost airline. Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. Sabre business model is a strong one, and continues to make significant progress in advancing both its electronic travel distribution and its information technology solutions businesses. The last one Worldspan has a legacy of industry firsts that are not well known. It continues to look at benefits of creating its own consumer brand and has been partnering with different companies to expand the services that it can provide to its customer base.
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    GDS is started on the airline industry. And with it development, the airline company recognized that the GDS is becoming more and more important and necessary. And in my opinion, the GDS can not only focus on the airline. It can be on the internet. That is means they should built some sub-company around the world and it will help to form a kind of net that can cover all over the world. So that it is reduce the pressure of airline and increase the short distance distribution. it will be more efficiency for the guest and less human labor.
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    More and more customers rely on global distribution system to buy hospitality products in present time. This article introduces four major type global distribution systems, Ama dues, Galileo, Sabre and Worldspan. There are also some smaller GDS existed in the world. Amadeus is the youngest of the four GDS companies. Galileo International is a diversified, global technology leader. Galileo's competitive strengths include well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems and a stable product line. Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. Worldspan provides worldwide electronic distribution of travel information, Internet products and connectivity, and e-commerce capabilities for travel agencies, travel service providers, and corporations.
Rui Zhu

Ridout & Maybee LLP: Canadian Patent Office launches Green Technology Initiative - 0 views

  • Under the proposed new service standards, the Canadian Intellectual Property Office would aim to produce a substantive office action for expedited applications within two months from the receipt of the applicant’s request for expedited examination.
  • In addition to relaxing the requirements for expedited examination for patent applications related to green technology, the Canadian Intellectual Property Office has also indicated that it will be setting new service standards to speed up the prosecution of all patent applications that benefit from expedited examination. 
  • The proposed amendments would relax the requirements for expedited examination for patent applications related to green technology.  Specifically, the proposed amendments would permit patent applications related to green technology to be granted accelerated examination without the payment of an additional fee. 
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    Green initiative has a great value for both economy and environment. Some countries' governments had drafed some regulations supporting this concept of development. Canada is one of the most early contries focusing on thise issues. The Cnadian Intellectual Property Office is mainly responsible for detail jobs related to green technology developing and spreading. They made some standerds toward some primary industries in both demastic and international market. Nowadays, they plan to update their strategies and standards to make these industries more productivity and eco-friendly. All of the agencies or ministries regarding to these issues attmpt to iprove their ability to solve green product problems through a proaction approach. In my opinion, all of these efforts are benefit to sustaianable development of local economy and society.
YUCHEN TI

Intellectual Property Management System - 0 views

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    This article indicated the new technology and innovation of PMS which called intellectual property management system (IPMS). IPM helps organizations evaluated their patent portfolios. And organization have developed IPMS to cater these needs, and ensure availability of information and database for strategic decision-making. IPMS has five key area of responsibility are generation of IP, IP portfolio management, IP evaluation, competitive assessment and strategic decision-making. It also help asset management to analyse the data, maintain the inventory. This article also introduced the development of IPMS at IIT Bombay, and the whole process of this system and its development in India.
nunes305

4 Cyber Security Insider Threat Indicators to Pay Attention To | Ekran System - 0 views

  • Insiders can target a variety of assets depending on their motivation.
  • they focus on data that can be either easily sold on the black market (like personal information of clients or employees) or that can be crucial to company operations (such as marketing data, financial information, or intellectual property)
  • Usually,
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  • he most frequent goals of insider attacks include data theft, fraud, sabotage, and espionage.
  • Detecting a malicious insider attack can be extremely difficult, particularly when you’re dealing with a calculated attacker or a disgruntled former employee that knows all the ins and outs of your company.
  • Of course, behavioral tells that indicate a potential insider threat can vary depending on the personality and motivation of a malicious insider.
  • 1. Disgruntlement
  • 2. Unusual enthusiasm
  • 3. Unusually frequent trips and vacations  
  • 4. Unexplained changes in financial circumstances  
  • Insider threat detection is tough. There are no ifs, ands, or buts about it. However, every company is vulnerable, and when an insider attack eventually happens, effective detection, a quick response, and thorough investigation can save the company a ton of money in remediation costs and reputational damage.
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    "Insiders can target a variety of assets depending on their motivation. Usually, they focus on data that can be either easily sold on the black market (like personal information of clients or employees) or that can be crucial to company operations (such as marketing data, financial information, or intellectual property). Frequent targets of insider attacks include:  Databases"
Xuan Huang

Hospitality Industry Security Solutions, Security Consulting - 0 views

  • The hospitality Industry is facing an ever-increasing challenge to protect customers and meet Payment Card Industry (PCI) compliance in a dispersed IT infrastructure with diverse applications.
  • provide hospitality companies with strategies to help them meet regulatory and corporate security needs via a comprehensive approach to securing critical systems and data.
  • PCI Remediation:
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    The article (and the video on top) mainly discuss now hospitality industry is facing certain key challenges cush as personally identifiable information(PII), intellectual property, mobile security, application development and PCI compliance. And Fishnetsecurity offer a series of solutions. For example, for PII challengers, they can analyze how data enters, exits and is utilized and by that develop a data flow diagram and data analysis & lige cycle sevices.
augu010

5 Best Practices to Prevent Insider Threat - 0 views

  • Insider threat continues to be a problem with approximately 50 percent of organizations experiencing at least one malicious insider incident per year, according to the 2017 U.S. State of Cybercrime Survey.
  • While intellectual property (IP) theft, IT sabotage, fraud, and espionage have continued to appear as the primary forms of malicious insider threats, new research has led us to understand the patterns related to unintentional insider threats. These threats represent a significant risk for organizations and potential attack vectors for malicious insiders and external adversaries.
  • Know and protect your critical assets Develop a formalized insider threat program Deploy solutions for monitoring employees actions and correlating information from multiple data sources Clearly document and consistently enforce policies and controls Incorporate malicious and unintentional insider threat awareness into periodic security training for all employees
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  • The trust that organizations place in their workforce can leave them vulnerable to malicious insiders, who often use particular methods to hide their illicit activities.
  • Current technology allows seamless collaboration, but also allows the organization's sensitive information to be easily removed from the organization. A complete understanding of critical assets (both physical and logical) is invaluable in defending against attackers who will often target the organization's critical assets.
  • Critical assets can be both physical and logical and can include facilities, systems, technology, and people. An often-overlooked aspect of critical assets is intellectual property.
  • Formalized and Defined Program:
  • Organization-wide Participation:
  • versight of Program Compliance and Effectiveness:
  • Confidential Reporting Mechanisms and Procedures:
  • Insider Threat Incident Response Plan:
  • ommunication of Insider Threat Events:
  • Protection of Employees' Civil Liberties and Rights:
  • Policies, Procedures, and Practices that support the InTP:
  • Data Collection and Analysis Techniques and Practices:
  • Prevention, Detection, and Response Infrastructure:
  • Insider Threat Practices Related to Trusted Business Partners:
  • Insider Threat Integration with Enterprise Risk Management:
  • Organizations should ensure policies and controls provide: concise and coherent documentation, including reasoning behind the policy, where applicable consistent and regular employee training on the policies and their justification, implementation, and enforcement Organizations should be particularly clear on policies regarding acceptable use and disclosure of the organization's systems, information, and resources use of privileged or administrator accounts ownership of information created as a work product evaluation of employee performance, including requirements for promotion and financial bonuses processes and procedures for addressing employee grievances
  • wareness training for the unintentional insider threat should encourage employees to identify potential actions or ways of thinking that could lead to an unintentional event, including level of risk tolerance--someone willing to take more risks than the norm attempts at multi-tasking--individuals who multi-task may be more likely to make mistakes large amounts of personal or proprietary information shared on social media lack of attention to detail
  • Our intent was to develop a single definition for insider threat that covers malicious and non-malicious (unintentional) insider threats covers cyber and physical impacts applies to both government and industry is clear, concise, consistent with existing definitions of 'threat', and broad enough to cover all insider threats
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    This article goes into detail about various safe practices that can prevent cyber threats. Policies and procedures must be created in order to protect us from cyber crimes. Governments have worked hard to protect data from being hacked.
Xiaoqing Zhang

The Virtues of Daydreaming : The New Yorker - 0 views

  • In a culture obsessed with efficiency, mind-wandering is often derided as useless—the kind of thinking we rely on when we don’t really want to think. Freud, for instance, described daydreams as “infantile” and a means of escaping from the necessary chores of the world into fantasies of “wish-fulfillment.”
  • A daydream is that fountain spurting, spilling strange new thoughts into the stream of consciousness. And these spurts turn out to be surprisingly useful.
  • Schooler argues that it’s clear evidence that those twelve minutes of daydreaming allowed the subjects to invent additional possibilities, as their unconscious minds pondered new ways to make use of toothpicks.
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  • We think we’re wasting time, but, actually, an intellectual fountain really is spurting.
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    Daydreaming sometimes is really meaningfull.
Prince Wayne

Hospitality and Travel Professionals Receive New e-Marketing Resource | ehotelier.com N... - 0 views

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    This article on E marketing looks at the increase use of video marketing over reading. The article states that video is increasingly becoming the chosen method for learning and marking. Statistics show that over 90% of people who uses the internet would prefer to watch a video over reading an article. Furthermore the research showed that video can help increase a viewer's overall intellectual capacity by 55%. In an attempt to use the powerful effect of video as an educational tool to benefit hotel and travel professionals, TIG Global a subsidiary of MICROS Systems, Inc. and a leading interactive marketing company for hospitality and travel, in recent times launched a new e-marketing video resource "ask the experts". The series is intended to empower and educate hospitality professionals around the world, providing them with the opportunity to ask, vote and view answers to their most complex questions related the e-marketing.
Jenna Wieland

Information Technology: A Boom in the Hospitality Industry. - 0 views

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    Today, computers and software can give solutions to the most complicated logical problems in any operation. Computers make life easier in getting right reports at the right time that helps in decision making process easier and faster. Computer systems can prompt if any mistake are made, it can prompt opportunities and it can prompt to take corrective action in a pro-active manner. Yield Management in rooms division or Menu Engineering in food and beverage division is example of such functions. The computer system can be used to enable both planning and control function to achieve the objectives of the organization. Yet, man made the computer and not the other way. One has to understand, man is intelligent and intellectual. Computer is made with intellect of man and hence works only with logic of mind. Logic of mind cannot go beyond mathematics! Intelligence is beyond mathematics. Man cannot be replaced at any level. In spite of having most advanced system, one has to rely on the supervision of man to see the level of satisfaction guests get in a hotel. Expression of satisfaction from the guests can be seen only when you see them eye to eye.
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    The hospitality industry is focused on the innovative technological advances in our everyday world. Most hotels have the latest systems to properly run their business and even now in some restaurants they are taking away personalized service and people are ordering through an iPad. I do believe that technology is the wave of the future, but I don't think that customer service should be compromised. It is a personalized interaction between people and also a very good way of networking, and isn't that basically what our field relies on? Word of mouth and getting our name out there. Overusing technology and not recognizing the service aspect dismisses our networking ability. Moreover, as this article states, man made technology. There will always have to be someone to rely on in any field to make sure the guest gets the level of satisfaction from the technology as well as the customer service.
Alexander Suarez

Internet Security: Whom Should You Trust? - Forbes - 0 views

  • Comment Now Follow Com
  • Internet security is all about trust at a distance
  • Even with secure connections, encryption, and the various other authentication schemes there is always a way to spoof identity, provide forged documents or credentials, hold computers and servers hostage to “ransomware” or allow cyber-criminals to be whoever they want to be.
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  • he Online Trust Alliance and its Mission
  • Privacy: Especially in the European Union, there is a greater focus on the control, collection, use and sharing of consumer data. The Online Trust Alliance is working to protect consumers in this regard;
  • The organization is deeply involved in seven areas that are highly relevant to business and how companies can safely interact with customers, clients and anyone that uses the Internet, while protecting internal confidential information.
  • Anti-Malvertising: to help protect consumers and sites from malicious advertising;
  • No organization is immune to the loss or compromise of confidential and sensitive data. Consumer information, employee records, proprietary and trade secret information, and intellectual property are all available for the taking if infrastructures are not properly protected and contingency plans developed should a breach occur.
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    This article divulges into the world of internet security. It explains how with even the most secure connections there is always a possibility to spoof an identity, provide forged documents and/or allow cyber-criminals to be someone they're not.  The Online Trust Alliance or OLA, is an organization deeply involved in several areas that are highly business-relevant and in how companies should safety interact with customers, clients, and/or anyone who uses the internet while at the same time protecting their personal information.  In conclusion,  no organization is immune to a loss of personal information. Consumer information, employee records, etc are all available for the taking if not properly protected and/or a contingency plans developed in the event of. However, with the help and knowledge of the OLA,  preventing such instances from occurring can be drastically reduced .
anonymous

ThingsTo Consider While Choosing A Property Management System - 0 views

  • For people dealing with properties it is very important that they move with time and adapt to the changes demanded by time
  • investing adequate time and effort in making sure that he has the best facilities for the property.
  • here have been many technological innovations in the last two decades which have completely changed the way many businesses work.
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  • Once you have the right software into your systems, your life gets easy
  • What is your need? It is very important to know at the very beginning why you are seeking a property management system.
  • . A hotel will need features that take care of guest reservations, efficient Front Desk among other things.
  • In the hospitality business, a hotel management system is known as hotel software can be used by several sectors such as real estate, banking, hospitality, logistics, hotel management, and managing intellectual property issues. Things to determine before choosing a hotel software
  • Talk to Your Staff:If you own a hotel, talk to your staff who would be using the hotel software more than you and seek their opinio
  • • Make a list of features required:
  • Separate the most essential features from the ones that aren’t so essential.
  • Know your budget:
  • Apart from the fact that you are looking for an efficient property management system, you should also see that the system comes within your budget.
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    This article give some tips about how to choose a PMS, it basically says that the manager needs to find what are the hotel needs? base on this then think about budget, how the employees fell with the system making a list with the features requires, etc, once you have all this you can choose the ideal PMS system that goes with the hotel.
tgore002

Global Distribution Systems in Present Times - Written By: Samipatra Das - HVS Internat... - 1 views

  • Nowadays, more travel is sold over the Internet than any other consumer product. The Internet is a perfect medium for selling travel as it brings a vast network of suppliers and a widely dispersed customer pool together into a centralized market place. Nearly 37 million of America's more than 162-million active Internet users have already purchased travel online. Online travel bookings exceeded $23 billion in 2001, and are expected to reach $63 billion by 2005.
  • These systems have become electronic supermarkets linking buyers to sellers and allowing reservations to be made quickly and easily.
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    The travel marketplace is a global arena where millions of buyers (travel agents and the public) and sellers (hotels, airlines, car rental companies, etc.) work together to exchange travel services. Among the "shelves" on which buyers search for travel services are world's global distribution systems and the Internet distribution systems. There are currently four major GDS systems: Amadeus As the youngest of the four GDS companies, Amadeus has done remarkably well during its short tenure. Yet, in many ways, the company remains an anomaly. Amadeus has the greatest number of travel agency locations with the highest productivity per terminal in the world, yet its booking share is Number 3, and its revenues are dwarfed by Sabre and, to a lesser degree, by Galileo. Galileo Galileo's competitive strengths include market share, well-balanced and global presence, relationships with diverse groups of travel vendors, technologically advanced information systems, highly skilled personnel, and a stable product line. Compared to other GDS companies, Galileo is a cautious follower when it comes to technology. Sabre Sabre's competitive strengths include market position, global reach, stable product line, diversification of revenue streams, and intellectual capital. The Sabre business model is a strong one, and continues to make significant progress in advancing both its electronic travel distribution and its information technology solutions businesses. Worldspan Worldspan has a legacy of industry firsts that are not well known. The company therefore has an opportunity to raise the industry's awareness of its accomplishments and more importantly, its future strategy. Worldspan continues to look at benefits of creating its own consumer brand and has been partnering with different companies to expand the services that it can provide to its customer base.
balle028

Soaring e-waste affects the health of millions of children, WHO warns - 0 views

  • As many as 12.9 million women are working in the informal waste sector, which potentially exposes them to toxic e-waste and puts them and their unborn children at risk.Meanwhile more than 18 million children and adolescents, some as young as 5 years of age, are actively engaged in the informal industrial sector, of which waste processing is a sub-sector. Children are often engaged by parents or caregivers in e-waste recycling because their small hands are more dexterous than those of adults. Other children live, go to school and play near e-waste recycling centres where high levels of toxic chemicals, mostly lead and mercury, can damage their intellectual abilities 
  • For an expectant mother, exposure to toxic e-waste can affect the health and development of her unborn child for the rest of its life. Potential adverse health effects include negative birth outcomes, such as stillbirth and premature births, as well as low birth weight and length.  Exposure to lead from e-waste recycling activities has been associated with significantly reduced neonatal behavioural neurological assessment scores, increased rates of attention deficit/hyperactivity disorder (ADHD), behavioural problems, changes in child temperament, sensory integration difficulties, and reduced cognitive and language scores.
  • A rapidly escalating problem
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  • The WHO Initiative on E-waste and Child Health, launched in 2013, aims to increase access to evidence, knowledge and awareness of the health impacts of e-waste; improve health sector capacity to manage and prevent risks, track progress and promote e-waste policies that better protect child health; and improve monitoring of exposure to e-waste and the facilitation of interventions that protect public health.
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    This Article corresponds to the two discussion posts this week. where we see e-waste not only a growing problem for pollution but affecting the health of younger children in surrounding areas, this article discusses how the WHO is trying to bring awareness to this issue.
emmajeenie

Attacked by Ransomware, Many Companies Opt to Pay Up - CFO - 1 views

    • emmajeenie
       
      The demanded ransom is often a moderate amount that would pale in comparison to the recovery and reputational costs for a company that refuses to pay.
  • Hospitals, for instance, are frequent targets of these kinds of attacks, in part because people’s lives are on the line so they have to make quick decisions.
  • , in a ransomware attack the data isn’t released or leaked or sold. On the contrary, in most cases, data and infrastructure aren’t compromised at all; its owner just can’t access them.
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  • y rose 41% from 2018 to 2019 to more than 205,000 globally, according to newly published data.
  • the security firm Coveware estimates the average payout for those that did was about $85,000 during last year’s fourth quarter, and more than $190,000 in December.
  • its leaders give in — and pay the ransom.
  • Organizations have more to lose financially from the inability to conduct business than they do from just paying the ransom
  • It’s like the plot of a James Bond movie: Hackers take control of a global organization’s computer systems and threaten to destroy its records, steal its intellectual property, and drain its bank accounts unless a hefty ransom is deposited into an untraceable offshore bank account by the end of the day.
  • ” the ransom is likely a significantly smaller amount than what it may cost to address a threatening public issue or the time and money necessary to rebuild the confidence in a brand or company.
  • Experts suspect that the actual number of ransomware attacks is much higher than the reported number, citing reasons ranging from fear of job loss, investor withdrawal, and reputational damage
  • Moreover, while public companies are required to report cyberattacks to regulators, private organizations are under no such mandate. Reporting attacks to law enforcement often may cause lengthy investigations
  • A hacker can keep repeating a ransomware attack until the security flaw is fixed or they are caught or reported.
  • Organizations can undertake a few basic defensive actions to mitigate the impact of a ransomware attack. Frequently backing up data and storing it on different networks is one way,
  • reducing the number of outside apps the system uses, fixing software vulnerabilities immediately, and properly training and educating employees on what to look for and whom to alert if something appears suspicious.
tttiiinnnaaa1997

The Most Common Types of Restaurant Theft - 1 views

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    In regards to restaurant theft of food or supplies, at your POS, in accounting processes, or of intellectual property, mitigating the risk of loss through theft is an ongoing challenge. Automation has improved security in transactions as well as back-office functions. But with top concerns in the restaurant industry being wholesale food costs and building and maintaining sales volume, the reduction of theft can improve those concerns for restauranteurs.
anonymous

Survey Shows US Cybersecurity Attacks Costing Orgs More Money - 0 views

  • Survey Shows US Cybersecurity Attacks Costing Orgs More Money
  • Cybersecurity attacks are leading to estimated financial losses of an average of $884,000, according to an IDG survey.
  • "As organizations prepare for various attacks and breaches, hackers continue to be savvier in their approaches,”
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  • “Resilient organizations must have all employees embrace security practices, from awareness training to behavior monitoring to gap protections."
  • Firewalls, spam filtering, network-based antivirus tools, access controls, and encryption were listed as the most effective solutions for detecting or deterring external threat factors.
  • The top three types of cybersecurity incidents also differ depending on whether it was an insider or outsider threat. The report found that outsider threats tend to consist of the following: Unauthorized access to/use of information, systems, or networks Customer records compromised or stolen Confidential records (trade secrets or intellectual property) compromised or stolen
  • The average cost of a data breach is $3.62 million globally, according to the 2017 Cost of a Data Breach Study: Global Overview sponsored by IBM Security and conducted by Ponemon Institute.
  • "Data breaches and the implications associated continue to be an unfortunate reality for today's businesses," Ponemon Institute Chairman and Founder Dr. Larry Ponemon said in a statement. "Year-over-year we see the tremendous cost burden that organizations face following a data breach.”
  • Cybersecurity incidents stemming from insider threats will include private or sensitive information being unintentionally exposed, customer records being compromised or stolen, and employee records being compromised or stolen.
jackyreis

The Cybersecurity 202: Facebook disclosed a major hack very quickly. But the alert was ... - 0 views

  • The Cybersecurity 202: Facebook disclosed a major hack very quickly. But the alert was short on details.
  • It took just three days for Facebook to notify authorities and the public that  hackers had compromised as many as 50 million user accounts on the social media platform.
  • Facebook leaders did not have enough information to paint a clear picture of the hack and the risk to its users during the announcement.
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  • Europe’s new privacy law, the General Data Protection Regulation, imposes massive fines on companies if they don’t notify privacy regulators about a data breach within 72 hours. The rule took effect in May and applies to any company with E.U. customers. U.S. lawmakers have proposed similar a 72-hour rule to replace the patchwork of state data breach laws that exist here
  • The company said Friday it had notified European data privacy regulators of the breach, in accordance with GDPR. Shortly after doing so, Ireland’s Data Protection Commission, the watchdog that monitors Facebook’s GDPR compliance, said Facebook’s disclosure “lacks detail” and criticized the company for being “unable to clarify the nature of the breach and the risk for users at this point.”
  •  Equifax waited six weeks to reveal that the Social Security numbers and other sensitive information on 143 million Americans had been exposed in a data breach. Uber waited a year to reveal a hack affecting tens of millions of drivers — and just last week paid a $148 million settlement in connection with the incident. Yahoo also paid a fine earlier this year for waiting two years to tell investors that Russian hackers stole information on 500 million users. 
  • Wray stressed that cyberattacks and theft of intellectual property can inflict long-term damage on American companies,
  • No country poses a broader, more severe intelligence collection threat than China.
  • The Energy Department on Monday announced awards of up to $28 million to help fund 11 cybersecurity research projects to strengthen the defenses of America's critical energy infrastructure,
  • Karen Evans, the assistant secretary for the department's Office of Cybersecurity, Energy Security, and Emergency Response, said “energy cybersecurity and resilience” is one of the “most important security challenges” that the United States faces.
  • “The frequency, scale, and sophistication of cyber threats have increased and attacks can be much easier to launch,”
  • “Cyber incidents have the potential to interrupt energy services, damage highly specialized equipment and threaten human health and safety.”
  • The Senate Commerce Committee should hear from consumer privacy experts as lawmakers consider whether to develop data privacy legislation, a coalition of consumer and privacy groups said Monday
  • And while civilian agencies generally face the most lopsided age disparities, the importance departments place on building a long-term talent pipeline varies greatly
  • That means federal technologists at or approaching retirement age outnumbered their 20-something counterparts roughly 4.6 to 1.”
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    This article highlights the importance of announcing a security breach quickly, and explains the argument on whether it needs to be carefully analyzed before releasing the breach. It explains the importance of releasing the understanding of a hack as quickly as possible to maintain people's information (i.e. bank information) safe.
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