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ngerv001

'Airbnb is forcing everyone to up their game': how hotels are changing tack | Business to business | The Guardian - 2 views

  • Gibbons is far from the only millennial choosing to “Airbnb it” rather than splash out on a hotel. A report by Morgan Stanley [pdf] found that 42% of Airbnb users have replaced a traditional hotel stay with an Airbnb property. With travellers able to book anything from a penthouse in London to a picture-postcard cottage in the Cotswolds, how are small hotels responding
    • ngerv001
       
      Since AirBnb has arrived to the scene many travelers have switched their preferences to staying at a home through the company rather using online reservation sites or directly at the property. Consumers feel they have more variety when deciding to stay at the AirBnb and, with the option of renting out an entire home for less of the cost of booking at hotel, that is hard to beat. Hotels most opportunistic route will be to partner with AirBnb's but more so for small boutique hotels. This will allow hotel properties and AirBnb to work hand in hand in getting a slice of the hospitality lodging profit. Since AirBnb has far less rules, regulations and charges than actual properties, hoteliers will have to find a middle ground with the company so they won't continue to lose travelers.
  •  
    This article talks about how Airbnb has become more appealing to travelers than hotels. Airbnb has become one of the largest hospitality networks offering cheaper stays and more authentic experiences than hotels. However, hotels are not liking this as people are more likely to turn to Airbnb's. There have been many regulations that hotels are forced to face while Airbnb's have close to no regulations, making it easier to earn an income without any specific regulations. Airbnb's have caused hotels to turn to different methods of gaining more customers while competing against such a strong competition.
  •  
    Its interesting that hotels and hotel chains have spent so much time effort and money on implementing standards and standardization over the past decade. AirBNB has limited standards other than the provision of accommodation. Standards were introduced as a tactical approach to consumer market by providing standardized and recognizable brand standards so that a traveler will know they staying in a Marriott for example. AirBNB success has turn that assumption on its head as travelers embrace differentiated product more related to finding a personalized choice that suits their personal tastes based on a more varied product offering. Hotel have been discussing personalization as a high level topic for many years now, more related to services and experience. Could it be that the success of AirBNB is actually an oversight of the hotel industry (perhaps explaining the significant increase in "Brands" by the largest hotel companies.) on the desire for travelers for personal spaces that are closer to the desires of the consumer.
mirandajaye

One in Four Businesses Struggle to Adapt and Thrive from Technology Disruption | Hospitality Technology - 0 views

  • ew and emerging technologies often impact the value of existing models and services
  • which leads to many companies re-evaluating and transforming.
  • ‘technology that displaces an established technology and shakes up the industry or creates a completely new industry’.
  • ...6 more annotations...
  • business models within industry sec
  • technological change has made them significantly more competitive in the past three years
  • a large majority of companies are still struggling to keep up with this change.
  • 1 in 4 businesses still struggle to keep up with the times and thrive from digital disruption
  • etermined this was down to the companies approach to technology adaption
  • businesses reported to have a proactive ‘opportunity-minded’ approach, ensuring they remain competitive and up to date.
  •  
    This article describes how technology is forcing companies to reevaluate and change how they take certain approaches to business. A lot of companies are having a difficult time keeping up to date with technology as more and more different companies emerge and start using more advance technology than they have. An alarming amount of companies have admitted they have no approach. Experts are telling companies to be open-minded and start thinking of an approach.
dsada005

Southwest's GDS deals to help agents, but how much?: Travel Weekly - 0 views

  • Southwest's pending move into the Travelport and Amadeus GDSs, coupled with the carrier's entry into ARC's settlement and reporting system, will simplify workflow for travel advisors and make it easier for TMCs and leisure agencies alike to process Southwest purchases.
  • "If it becomes easier to sell Southwest, the competing airlines may take a look at it and say, 'We might be losing share,' and they may address it in a competitive way."
  • "In some instances, we have found lower fares on the Big Three carriers. I don't believe we will see an increase in competition, since they are already competing in the marketplace."
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  • Southwest announced on Aug. 5 that it will provide full content in the Amadeus and Travelport systems beginning in mid-2020.
  • Travel advisors booking Southwest through Amadeus and Travelport will be able to change, cancel or modify reservations directly through the systems. Agents who currently book Southwest through Sabre must call the airline for any ticket modification that is not a cancellation.
  • For Southwest, broader entry in the traditional agent channel will serve as a third prong in the airline's distribution offering for business and leisure agency partners, joining its direct channel and the SWAbiz booking tool.
  • The company projects that it will earn between $10 million and $20 million in additional revenue in the second half of 2020 as a result of the move.
  • "It's an intelligent compromise on Southwest's part, because to compete with other airlines in the corporate market they have to sell their tickets through the channels that corporate customers want to use,"
  • Last month, Southwest joined NDC Exchange, an airline product marketplace operated by ATPCO and SITA that facilitates direct-connect capabilities between airlines and agencies using NDC protocols. While NDC is especially useful in enabling airlines to sell ancillary products such as fare bundles and checked bags through the agent channel, Offutt said it's also important as a way to attract ordinary ticket sales through alternative booking paths. 
  • "I think Southwest realized that as NDC moved from aspirational toward practice, they had to go down that path or be left behind,"
  • while the increased functionality will make sales-tracking more efficient for agencies, it will also provide greater visibility of Southwest purchases to competing airlines, thereby making it easier for those carriers to monitor whether agencies with which they have corporate contracts are meeting market-share goals.
  • Southwest's broader entry into the GDSs will result in the legacy carriers boosting the incentives they offer corporate and leisure agencies.
  •  
    GDS systems are predominantly used by travel agencies to book both individual and corporate travel. By expanding their listings to Travelport and Amadeus, Southwest opens themselves up to increases in bookings but also potentially moving into better competition with larger airlines. Moving into these systems also allows them to offer further NDC enabled content, such as fare bundles and checked bags, helping to build even more bookings.
  •  
    Southwest has always been on the outskirts when it comes to the top airlines. The "big three" are known as American, Delta and United. In order for Southwest to stay in the game, they are providing full content in Amadeus and Travelport systems. Amadeus is known for its European market and Travelport is known for its US market. Southwest already belongs to Sabre, which is also a US market. However, "those offerings will both complement and exceed Southwest's current limited-content availability on Sabre" (Silk). Henry Hartveldt states that "given Sabre's leading presence in the U.S. market, Southwest will elevate its participation in the Sabre GDS as well" (Silk). Of course, by only belonging to one GDS presence, Southwest was not able to compete with the big three, however, now Southwest is back in the game. In order to sell your tickets, you must be available in the channels that customers prefer to use. Southwest realized that "they had to go down that path or be left behind" (Silk). Vlitas believes that "Southwest's broader entry into the GDSs will result in the legacy carriers boosting the incentives they offer corporate and leisure agencies" (Silk). Other airlines may fear more GDS entries from other airlines, however, it is clear that GDS is here to stay.
l_symonette

Ebusiness And Its Impact On Hospitality Industry Information Technology Essay - 0 views

  • It encompasses e-commerce, which relates to buying and selling, but also includes servicing customers (i.e. business to consumer) and collaborating with business partners (business to business).
  • This new virtual marketplace allows small companies competing with business giants by just having a better web presentation of their products/services
  • online customers can enjoy a wider choice of products or services, more competitive prices, and being able to buy their favourite items/services from the sellers located thousands miles away
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  • E-business is having a huge impact on the hospitality industry, an impact that looks set to continue. An increasing number of people are booking and viewing restaurants and hotel rooms online, and they are working with the smartest time-saving electronic systems.
  • Smaller travelling agencies, among others, are more interested in the application of Internet to gain certain competitive edges over their larger counterparts.
  • In the past, travel agents were used for not only travel plans but they also sold transports, tours and accommodation for suppliers. Travel agents were the most common source for booking hotel rooms and any other travel components.
  • The internet emerged and the World Wide Web was invented, linking the world into one global network. The emergence of the internet had a great impact on all businesses including the hospitality industry.
  • increased choice speed greater independence more information eg services, appearance, location, virtual room tours ability to compare prices increase in direct booking, less use of intermediaries
  • It has been reported that the online booking in the hospitality industry (including hotel/motel, airlines, travel packages, etc.) is increasing at a very rapid speed recently. An online hotel room booking has been increased by six times just during last four years (from 1999 to 2002) from $1.1 billion in 1999 to $6.3 billion in 2002. As a result, its percentage as of total annual bookings is increased over 400% - from about 2% in 1999 to 9% in 2002
  • technological barriers for business and customers e.g. slow connections, inadequate hardware, slow download times, staff resistance to change, lack of staff training, requirements for web maintenance inflexibility of business structure lack of business planning e.g. cash flow forecasting, marketing strategy poor website design security for payments (perceived and real)
  • Organisational issues e.g. business planning, staff development, recruiting new staff; customer education and awareness campaign; support issues e.g. government support, support for web design, dedicated technical support
  •  
    The internet has allowed the Hospitality Industry to significantly grow, by bring their products , which is now easily accessible for customers.
sherylvelazquez

The Future of Global Distribution Channels: New Horizons for Airline e-Commerce - 0 views

  • Earlier this year, Lufthansa announced that it was adding a surcharge to all bookings made via global distribution systems in an attempt to funnel traffic to direct bookings
  • Nonetheless, distribution has seen a number of interesting trends that may spell new opportunities for airlines looking to capture new markets, bring in additional revenue via ancillaries, and keep pace with the competition. Airlines are more interested than ever in alternative distribution, with the majority of airline marketing/sales/distribution executives saying they are very or extremely likely to adopt an alternative to GDS by 2017.
  • Overall, travel “distribution” is becoming more like “e-commerce,” with campaigns, offers, and channel marketing edging out the simpler “product push” of yesteryear.
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  • Pay-per-click advertising is a huge boon for the travel industry – travel and tourism was the third highest spending industry on Google AdWords in 2014,
  • Metasearch is a great opportunity for airlines because, again, it meets comprehensive or complex travel shopping needs.
  • With IT solutions that can gather, store, and analyze data in a variety of ways, airlines are better able to monitor performance across channels, quickly adjust offers based on a variety of situations and circumstances, and optimize communications and transactions by device.
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    This article is about the future of global distribution systems and how airlines are making a push towards direct bookings. They are using things like performance adverting, metasearch networks, and data based e-commerce in increase revenue and improve operations.
lclar060

Social Commerce in Hospitality: Hotel Yearbook Digital 2020 Report - 0 views

  • In this scenario, hoteliers should try to develop an authentic storytelling on different channels (i.e. respecting channels’ characteristics) stimulating exogenous eWord of Mouth and attaching call to actions as the ones above; additionally they should monitor and eventually try to stimulate social media activities from guests (endogenous eWord of Mouth), where real and authentic experiences do came up in different social media (again respecting channels’ characteristics) with the aim of generating conversions. As Seth Godin said, it is time to get off the social media merry-go-round thus entrusting social media with a form of commerce that intercepts authenticity, and connects to the lifestyle of customers.  
    • lclar060
       
      Connecting lifestyle of target audience with the brand's image is ideal to drive revenue. In fact, social media is one of the most efficient platforms for this to take place because of its reach to a diverse set of population.
  • In fact, the concept of Social Commerce could be of help to better understand the evolution of digitally mediated social communication. Social Commerce can be understood as a subset of e-commerce; it is essentially about enhancing the online shopping experience with social media and facilitate social interaction and experience sharing.
    • lclar060
       
      Social E-Commerce should be one of the key driving tools for business development in today's hospitality industry. In fact, the term certainly signifies interaction with a vast majority of people.
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    E-commerce has made tremendous strides for business transactions but merchants and marketers alike are advised to engage in Social E-commerce. Social commerce reinvigorates the standards of E-commerce and actively engages with buyers while making purchases.
cwilliamsiona

Amazon Developing Hand-Scanning Payment System | HYPEBEAST - 0 views

  • Amazon is reportedly in the process of developing a system that scans users’ hands to receive payment instead of a physical credit card, cash or phone system.
  • This method would be particularly useful for shops users frequent often, like their local grocery store.
  • “Customers might insert cards into a terminal and then let the terminal scan their hands.
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  • Initial reports in 2019 stated that Amazon was planning to roll out the new technology at Whole Foods locations, as it now owns the supermarket chain
  •  
    This article is about the future of POS systems and what we as consumers can look forward to in the near future. In this article, Emily Engle discusses the current talks Amazon has to implement scans of user's hands to receive payment instead of a physical credit cards, cash or phone systems during your point of sale transaction. Although, just an idea for some retail giants, some retailers in other markets such as China and India use biometric features during point of sale transactions. To get things started, Amazon believes that customers will enter their credit/debit card and scan your print during this initial process. After that you will never need your card again. It is said that since Amazon owes Whole Foods, they will begin the testing period there. Using this new method of shopping, if it comes to fruition, could useful for frequent visitors.
anonymous

Shopify, the e-commerce company that's coming for Amazon - Vox - 0 views

  • Helmed by internet personalities with a combined 40 million-plus subscribers on the video platform and roughly 50 million more followers on other social media networks, then breathlessly promoted with nearly five hours of videos that drew more than 90 million viewers, the flash sale planned for the afternoon of November 1 was inevitably going to be massive.
  • Organizers recognized that it would be an event, and that it was going to need Shopify
  • Currently more than 1 million merchants around the globe use the company’s technology to open their own digital storefronts and sell goods on the internet, creating a constellation of independent, and decentralized, stores (unlike marketplaces like eBay or Etsy)
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  • Shopify has worked to position itself as the online commerce solution with the experience and size to support fast-growing, digitally native brands — the company’s tech has powered direct-to-consumer staples such as Allbirds and Brooklinen —
  • Last year, the company announced plans to invest $1 billion over five years on warehouse space and robotics to build out a fulfillment network so Shopify can also deliver your packages.
  • But what really has made the Shopify platform a bit of a juggernaut is its comprehensiveness
  • Currently, 1.4 million full-time jobs globally are supported by companies using Shopify.
  • who can tap their networks to instantly bring “high quality, low volume goods” into the world.
  • The company expects to see roughly $1.5 billion in revenue in 2019, a 50 percent jump from the previous year, and continues to see strong growth in subscription revenue.
  • Shopify software was processing $1.5 million in sales and 16,000 checkouts a minute.
  • Shopify’s plan is to lease warehouse space, and utilize robotics technology from a company called 6 River Systems, which they purchased in October for $450 million
  • Companies that sign up for the program can even have their own logo stamped on the box, unlike Amazon third-party sellers, which end up advertising Bezos’s latest project.
  • Trying to take on Amazon and its fulfillment network is a daunting task. That $1 billion investment Shopify is making may sound massive, but Amazon plans to spend $64 billion on logistics and shipping alone in 2019.
  •  
    Is Shopify the new Amazon? If you do not know what Shopify is, it is an ecommerce platform for companies to use to sell their goods. It helps merchants to set up simple website store fronts and allows them to customize their store anyway they want. It also assists them will marketing campaigns, distribution, and shipping.
  •  
    Very interesting article! This introduces Shopify as one the new ecommerce platform that allows individuals to set up the way they want to see their store front. It allows them to manage everything on this platform. Almost like a direct competitor to Amazon.Very interesting market for exponential growth!
anonymous

New Carbon Capture Technologies Just Waiting For IRS Green Light - 0 views

  • Innovative carbon-capture projects are ready to launch in the U.S., according to experts gathered yesterday by the Atlantic Council, but they are waiting for IRS guidance expected since fall.
  • The guidance should resolve uncertainty over how companies can take advantage of the carbon capture tax credit in Section 45Q of the Internal Revenue Code.
  • “We’ve seen more governments embrace net-zero targets,”
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  • CCS is taking off now in part because of the IPCC’s 2018 report on 1.5º of global warming.
  • some governments increased their ambition from a 40% or 50% reduction in emissions by mid-century to net-zero emissions.
  • we think is the next generation of carbon capture.”
  • Even without the new policies, three new CCS projects are in development in the U.S., all tied to power plants,
  • Ten are in development in Europe, equal to the total number now operating in the U.S.
  • “First, we'll see more carbon capture on natural gas power plants,”
  • “and in many places the license to operate for natural gas-fired power plants will be dependent on capturing their CO2.”
  • Second, many projects will capture methane to produce hydrogen, storing the CO2.
  •  
    As there is a rush to fix emission gases in our ozone, some scientists are invented new technology to help eliminate CO2 gases in our air. One of their inventions helps take CO2 gases from the air and fixes it into basaltic rock. Another stores CO2 gases for power for natural-gas power plants. However the USA is still waiting for approval from the IRS to implement a carbon capture tax credit.
lavendersheshe

Why Panic Buttons Are the #1 Must-Have Technology for Hotels in 2020 - By Robb Monkman, Founder and CEO of React Mobile - 0 views

  • Safety has become an important discussion topic across our industry as reports of unsafe working environments for hotel staff have begun to emerge in the media. Surveys around the nation show that housekeepers are sexually assaulted at over twice the rate of workers in other industries.
  • Along with new laws, union pressures and impending deadlines for compliance, it’s also important to recognize the ongoing importance of media and the ways in which internal policies, such as those relating to staff safety, can make or break a hotel’s reputation. In today’s socially influenced climate, after all, a brand’s reputation can be one of two things — their strongest asset and an integral marketing tool, or their most significant liability
  • Fast forward to today and next-generation ESDs act as a dedicated safety platform that leverage Bluetooth technology to relay GPS coordinates of any employee in distress
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  • As you might imagine, this represents an important, pivotal update that ensures swift response and support, both on and off property, in the case of a staff emergency.
  •  
    Employees are the most important asset when it comes to the hospitality industry. There has been so many instances of assault and harassment from housekeeping attendants in hotels. Hotels are encouraged to comply and use panic buttons to ensure the safety of employees.
kaseyfl9568

Human Resource Management System Buyer's Guide (With 7 Top HRMS) - 0 views

  • An HRMS includes separate HR modules to take care of specific HR and admin tasks leaving HR staff free to focus on creating a better workplace. These are the core functionalities of an ideal Human Resource Management System:
  • odule to track and monitor applicants
  • inbuilt accounting module, automated tax computations, frequent audit & reporting tool, tabular data storage, and configurable rule-based engine.
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  • Organizations have started understanding how an HRMS can enable efficiency across all tiers of their organization. And they’re looking for modern, agile, contemporary, yet cost-effective cloud hr software solutions
  • In addition to the comprehensive list of functionalities a robust HRMS tool should comprise the following features: Centralized Admin System Cloud-based Documentation Sophisticated Mobile Functionalities Employee Self-Service Option Real-Time Analytics Data Security and Audit Log Role-Based Access and Collaboration Agile Integrations
  • figure out what you need. Draft your requirements clearly, list the features you’re looking for, then try to match these with the functionalities available in a prospective HRMS Software. With due diligence, you’ll be able to find an HR management system that will take your organization to the next level.
  • Opting for a low-code platform will enable business users to customize the solution without support from the IT team. Finding a solution that automates all your HR tasks can be nigh impossible.
  • identify the differences in the features of HR software and get an in-depth understanding of the blanket term Human Resource Management S (HRMS).
  • not all HR management systems are expensive or rigid. There are an array of options available in the market today.
  • Human Resource Management System (HRMS) refers to an array of software including Human Capital Management (HCM) and Human Resource Information System (HRIS)that help HR staff take care of an organization’s most valuable assets, people
  • save time, cut costs, and manage your staff better.
  • choose a solution that addresses the strategic areas of human resource management like Training & Development, Performance Management, and Recruitment.
  • An organization needs an HRMS to:
  • Minimize manual paperwork
  • Easily implement process/policy change
  • Improve internal communication
  • Selecting an ideal HR management system is neither easy nor straightforward, but it is important that it is done correctly
  •  
    This article explains what the software can do and more importantly advises the client to really examine what they nee before purchasing a solution.
  •  
    Human resources is a very important part of how businesses operate. In today's world, having HR systems in place is a must. But choosing the HR system to fit your need must be well thought out. It is not easy to choose what will be best for your business, but once you find the best option, it will assist in helping your business's success or better integrate your old system to new for maximized profits. A good HR management system allows for a lot of integration of information from your employees, time clock, taxes, monitor applicants,training and development and so much more. This article identifies how a good HR management system can assist your business's success as well as offers insight into ones that may be best suited for your business.
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.
  • Insider Threat Incident Response Plan:
  • Organization-wide Participation:
  • versight of Program Compliance and Effectiveness:
  • Confidential Reporting Mechanisms and Procedures:
  • Formalized and Defined Program:
  • 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
  •  
    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.
rroll027

The Best Event Management Software: 10 Apps to Plan and Manage Your Business Events - 0 views

  • Here, we're showcasing apps that save you time and energy when managing logistics, deadlines, and attendee engagement. The event management apps listed here are a combination of companion tools that can be used together for ultimate productivity as well as end-to-end event planning software.
  • Advanced segmentation capabilities help you separate your audiences based on interests and ticket level with one click, and you can send personalized content that's dependent on how your attendees use the app during the event
  • This means you can send out personalized campaigns to different types of registrants and optimize your messaging for that segment of users.
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  • Splash Price
  • in event management and online ticketing, Eventbrite offers all the features you would expect: easy-to-build event pages, built-in payment processing, and real-time reporting. But it also has something else up its sleeve: a robust integration with Facebook that allows you to market your event on the social network and allow attendees to buy tickets via Facebook's checkout.
  •  
    A number of Event Management Software have populated the market all with an aim to provide attendees with a memorable experience from marketing, ticketing, logistics, communication, gamifying, and measurement. The article gives indepth inight on 10 apps that aids planners from end to end
anonymous

POS System in Cannabis Industry Leaks 85,000 Files | 2020-01-22 | Security Magazine - 0 views

  • Led by internet privacy researchers Noam Rotem and Ran Locar, vpnMentor’s research team discovered a data breach in THSuite, a point-of-sale system in the cannabis industry. 
  • an unsecured Amazon S3 bucket owned by THSuite that exposed 85,000 files of sensitive data from multiple marijuana dispensaries around the U.S. and their customers.
  • leaked data included scanned government and employee IDs, exposing personally identifiable information (PII) for over 30,000 individuals.
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  • US. Cannabis dispensaries have to collect large quantities of sensitive information in order to comply with state laws,
  • the THSuite platform is designed to simplify this process for dispensary operators by automatically integrating with each state’s API traceability system.
  • The vpnMentor team says that the breach affected many more dispensaries, and that it’s possible that all THSuite clients and their customers were involved.
  • The researchers also found photographs of government-issued photo IDs and corresponding signatures of dispensary visitors and patients alike.
  • Under HIPAA regulations, it’s a federal crime in the U.S. for any health services provider to expose protected health information (PHI) that could be used to identify an individual.
  • the researchers say that THSuite could be subject to HIPAA violations, which can result in fines of up to $50,000 for every exposed record, or even in jail time.
  • hackers and scammers can take advantage of personal details exposed in the data breach about dispensary customers and employees to create highly effective personalized phishing attacks.
  •  
    There was a huge data breach at THSuite which exposed 85,000 files, some of those files being personal identification information. Dispensaries usually collect a lot of information to comply with U.S State laws. The files that were retrieved by the hackers means they can take advantage of those profiles. THSuite is looking at fines of up to $50,000 PER record or jail time.
uhey77

TripActions launches payment service that connects to travel plans and policies | PhocusWire - 0 views

  • natural progression
  • TripActions Liquid is the company’s new platform that provides both virtual and physical payment cards and is linked to TripActions’ travel system to streamline compliance, reconciliation and reporting.
  • We from day one have focused on the end user experience
  • ...3 more annotations...
  • employees can have a TripActions Liquid physical card – operating on Visa’s network
  • The platform gives finance and travel managers a global view of bookings and payments in a single platform, and for travelers eliminates time spent on reimbursements.
  • nstitutions want to work with us, so definitely the terms around the interest rate and generally the terms of collaterals are very favorable because we as a business have pretty impressive numbers.
  •  
    TripActions is a travel management company for businesses and business travelers. Booking and managing travel can be done on the web or via a smartphone app. To fund the credit service, TripActions has raised a debt facility of up to $500 million led by Silicon Valley Bank with participation from Goldman Sachs and Comerica Bank.
lavendersheshe

Cybercriminals are capitalizing on coronavirus fears, security firm warns - CBS News - 0 views

  • A leading cyber security firm says criminals and a group affiliated with China are capitalizing on growing fears over the coronavirus, leading to a spike in malicious online activity.
  • "They've been sending people emails to prey on people's fears and open attachments
    • lavendersheshe
       
      It is important to be careful on opening suspicious emails and rely on watching the news to learn about the coronavirus updates. Opening such emails and downloading attachments can launch a harmful virus into your system and lead to your computer being hacked
  • China-based adversary known as PIRATE PANDA uses major news events as a lure to implant malware that allows remote access to a victim's computer network
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  • Another group, identified by CrowdStrike as MUMMY SPIDER, is using the coronavirus theme in an "email thread-hijacking technique" that "ultimately led victims to download malware
  • The security firm said the strategy can be used to steal financial information or login credentials, and expanded to other targets
  • CrowdStrike also reported a surge in queries from companies who anticipate employees will work from home over the next three months, which can leave company data more vulnerable
    • lavendersheshe
       
      If employees work from home then an organization has less control over the security of online systems and exposes the company to more risk.
  •  
    Cybercrime has been on the rise since the outbreak of the coronavirus and hackers are capitalizing on the fact that people are now more concerned about protecting themselves and their loved ones. It is important to be more aware now as an organization in making sure that employees are informed on safety measures on using systems when there at home, using the needed resources in increasing cyber security and backing up important information.
rfahi001

Event Management Software Market - Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2025 - Daily Science - 0 views

  • Event Management Software market report provides a comprehensive analysis of: Industry overview, cost structure analysis, technical data and competitive analysis, topmost players analysis, development trend analysis, overall market overview, regional market analysis, consumers analysis and marketing type analysis.
  • Event Management Software market is valued at million US$ in 2019 and will reach million US$ by the end of 2025, growing at a CAGR of during 2020-2025.
  • Extensive analysis of market trends During 2020-2025 to identify growth opportunities and market developments.
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  • Winning strategies of key drivers that are helping them consolidate their position in the Event Management Software market.
  • Trends in the Event Management Software market that are influencing key players’ business strategies.
  • Key factors that create opportunities in the Event Management Software market at global, regional, and country levels.
  • Demand-supply scenario of the Event Management Software market.
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    Event Management Software market is valued at million US$ in 2019 and will reach million US$ by the end of 2025.
anonymous

Cloudbeds brings in $82M to "triple down" on hospitality tech | PhocusWire - 0 views

  • Cloudbeds plans to further invest in its hospitality management technology platform after landing an additional $82 million in funding.
  • The San Diego-based company previously raised $21 million, including a $9 million Series B investment in 2017.
  • “Hoteliers need a complete solution that provides the insights and flexibility to better understand their property and guests, and ultimately deliver a better guest experience.”
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  • Through its software suite, Cloudbeds simplifies working among online travel agencies, payments, reservations and reports so that hoteliers can focus on helping guests and growing revenue.
  • “With this new funding, we want to triple down on innovation and continue to transform the hospitality industry to help hoteliers and hosts meet the needs of the next generation of travelers.” 
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    Cloudbeds has invested in their future to be ahead of the curve by focusing on inventing new technology! They understand the importance of being innovators and leading the industry into the future.
zeyupu

Why Software Updates Are So Important | McAfee Blogs - 0 views

  • You may have heard of the recent Equifax data breach, in which 143 million Americans were potentially affected, with Social Security numbers, birth dates, and home addresses exposed. The hackers were able to access the credit reporting agency’s data through a known vulnerability in a web application. A fix for this security hole was actually available two months before the breach, but the company failed to update its software. This was a tough lesson, but one that we can all learn from. Software updates are important because they often include critical patches to security holes
    • zeyupu
       
      It's important to keep the computer up to date
yyr997

8 benefits of using event registration software for your next event - 0 views

  • 1. It’s Just Plain More Convenient
  • Custom Fields
  • Branding Customization options also mean the pos
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  • Customization options also mean the pos
  • sibility for images like your logo and those of the event sponsors, to be placed on your tickets.
  • Registration Anyplace and 24/7
  •  Appeal to Non-English Speaking Guests Your guests may include attendees who may not speak perfect English or even those coming from
  • overseas.
  • Group Registration
  • It’s Green!
  • Real-Time Reports
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    Using event registration software give us fast and convenient .
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