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Cybersecurity Trends to watch for in 2021

What are the trends for cybersecurity in 2021

The fastest-growing cyber-attacks numbers illustrate the challenge of ensuring resilience and continuity in a connected world. Additionally, the COVID19 outbreak has changed the entire situation of the economy and created confusion for businesses/industries around the globe. In order to protect the health of employees and respond to the health restrictions, companies that have never done remote work now also started working remotely.

 

Most organizations are getting better at preventing direct cyberattacks by improving the basics of cybersecurity and the main focus is on cyber resilience. With the cyber-resilient strategies in place, businesses assemble the capabilities of cybersecurity, business continuity, and enterprise resilience. These well-thought strategies help to quickly detect cyber threats and minimize the damage and continue to operate under attack.

 

The year 2020 has proven unpredictable and challenging from multiple perspectives. Among those challenges is a long list of cyber-attacks. Following the rise of remote working, cybercriminals are more than ready to seize opportunities to exploit security weaknesses for monetary and disruptive gains.

What threats are expected in 2021? How could the cyber threat landscape evolve?

 

Challenge n°1: Work from home

 

The COVID-19 has changed the work environment in unexpected ways. The obligation to socially isolate has forced innovation in how we work, as businesses and governments to maintain the continuity of operations. This resulted in a massive shift to remote work. Personal devices and home networks are being used to log in from home on business infrastructure. As increasing numbers of employees work from home with their personal devices, enterprise IT security operations become less effective and are unable to shield devices and infrastructure against any compromise and disruption through phishing campaigns, the spread of malware, faking official websites, etc.

 

A study sponsored by IBM Security and conducted by Morning Consult, interrogated 2000 working remotely Americans find out that more than 80% of respondents either rarely worked from home or not at all prior to the pandemic, and, more than half are now doing so with no new security policies to help guide them. This shift to working from home has exposed new security risks and has left nearly 50% of those employees worried about impending cyber threats in their new home office settings.

 

Many businesses will continue to suffer in 2021, because a mixed work model will establish itself sustainably in organizations, with all the risks it entails. Thus, if your company is to gain value from the remote work, your IT department must become more agile by pivoting their organizations to enable pervasive and safe remote working.

 

Challenge n°2: Automation

 

Automation is another emerging challenge in the desire to achieve high flexibility and diversity through remote working. Learning how to maintain productivity by automating activities is one of the top priorities of 2021. The primary reason for automating mundane and repeatable tasks is to allow people to shift focus to problem-solving activities. Thus, from a cyber-security point of view, automation is the only way to reduce the volume of these modern automated cyberattacks and enable faster prevention.

 

Attackers will continue to use automation to move fast and deploy new threats swiftly. Therefore, by allowing a faster risk and anomalies analyze, faster detection and intervention can be done. A next-generation security platform can assist your IT teams to rapidly analyze data, turn unknown threats into known threats, create an attack DNA, and automatically create and enforce a full set of protections through the organization to stop the attack lifecycle. Employing automation as part of your cybersecurity efforts is the only way to keep up and defending against automated threats efficiently.

 

Challenge n°3: Artificial Intelligence Threats

 

There’s been a lot of buzz around Artificial Intelligence for the past few years, and now it’s playing an important role in many sectors such as banking and financial services, logistics and transportation, retail, automotive, healthcare, education, and even cybersecurity. And it will continue to gain popularity in 2021.

 

With cyber-attacks growing both in complexity and volume, traditional methods to identify threats and malware are not enough. In a business world where customers’ privacy and data protection are vital, cybersecurity issues are becoming a day-to-day struggle for businesses around the world. With AI, cybercriminals can devote less time and effort in coordinating a large attack on an organization’s data system.

 

Companies need to sharpen the focus on a strong cybersecurity culture and adopt a risk-based approach to security. As recovering from security breaches is time and money consuming, companies have started to invest in AI to better detect and automatically block cyber attacks.

 

Challenge n°4: 5G

 

5G is an advanced wireless network technology developed based on 802.11ac IEEE wireless standard. It promises to provide significant opportunities to transform organizations across industries and geographies by providing higher data exchange speed and performance, real-time functions, and wireless connectivity to avoid the risks of wired solutions. Business communications will be enhanced and connectivity tailored to every industry.

 

However cyber threats pose great risks to businesses and industries transitioning to 5G.  As the 5G digital environment opens the door for miscellaneous players beyond traditional cellular networks that are looking to transform their ecosystem through 5G, security often falls short. It’s essential to have a 5G security reference document ready to help detect and prevent cyber-attacks. Before any transition to 5G, infrastructure, as well as industries, must be able to protect their 5G networks and be prepared at any time to deal with the impact of cyber threats.

 

 

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DMS: Facts that Encourages to go Paperless in 2021

DOCUMENT MANAGEMENT SYSTEM

The digital transformation due to the pandemic has led companies to adapt work from the home concept. Remote work went from an offer, that only a few companies made, to an inevitable and massive shift in the way that people work around the world. The percentage of home offices is expected to double in 2021, according to a survey from Enterprise Technology Research (ETR).

These statistics show that remote work is not likely to decline this year or anytime soon. It’s important as a company to set up digitally and to ensure that employees can work flexibly from their home office. But in many companies, some of the important business processes still require employees to use paper forms and they can’t access the corporate data they need immediately from home. Thus, 2021 is the best time to go paperless so companies don’t have to deal with employees’ unproductivity along with lost, damaged, or misplaced documents which can easily result in lost data, privacy violations, or lost customers.

 

What is the paperless office?

The term is actually self-explanatory. A paperless office means saving on paper-based documents and using only digitally-supported formats for all business processes. The idea behind building a paperless office has been around for a few decades since it was first conceptualized as “The office of the future” in an article in Business Week in 1975. A paperless environment closely resembles an office utilizing integrated information systems with multiple software tools to reduce paper consumption and improve efficiency in retrieving electronic documents. Paperless environments increase office productivity and collaboration and also helps to manage the company’s data in a more efficient way with the right processes.

 

Advantages of the paperless office

Nowadays, companies can no longer avoid digital work; the advantages are too obvious to affect pretty much all professional fields. Businesses that are always looking for new and efficient ways to optimize their operations must take a look at the benefits of a paperless office here below:

  • Sustainability (reduce printing costs, etc. – better for the environment)
  • More efficient time management through productive work
  • Collaborative work with several people or teams
  • Space and material savings
  • Flexible work environment and mobility, which is essential especially in corona times, but also in the future
  • Central storage in digital form – everyone can access it from anywhere
  • Automatic Data Retention & Digital Backups
  • The search function enables documents to be found quickly (effective time management)
  • Future viability and competitiveness
  • Departments become more productive; more time spent on important tasks
  • Simplified communication using digital tools and media

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While technology supports the move to paperless business practices, not all organizations can afford the IT infrastructure necessary to make the transition. A small and medium-sized business (SMB) often lacks the resources and IT infrastructure to quickly increase server performance and/or expand storage capacity both of which are required for paperless transition.

Cloud systems are known as the foundation for the paperless office and to instantly increase companies’ IT infrastructure. For businesses that are interested in moving to electronic storage and retrieval of documents, cloud computing offers a cost-effective means of making the change.

 

One important technology that enables a paperless office to efficiently capture, store, secure, and retrieve information is an electronic document management system (EDMS).  Document management is becoming increasingly important as the concept of a paperless office is becoming an everyday reality, especially with the growth in cloud storage services.  With a DMS businesses can create, track and store digitized documents. It manages structured data and is focused on documents in formats as Word, PDF, PowerPoint, Excel, etc. The key purposes of a DMS are regulatory compliance and workflow management. DMS applications also have advanced imaging and scanning capabilities, such as optical character recognition (OCR), handprint character recognition (HCR), optical mark recognition (OMR), and more.

 

Conclusion:

The paperless system offers organizations many benefits including increased employee efficiency, productivity, streamline workflows, and information security. The paperless office is a process and not a one-time thing, therefore this transformation requires a certain discipline, the courage to change, and requires good communication within the company. Organizations can use numerous solutions to help them attain paperless environments. But the first step and the most commonly used method of reducing paper is the digitization of current documents.

With the growing availability of electronic document management systems, implementing a good document management solution can go a long way in enabling your organization to reduce cost, improve your business process, increase customer satisfaction, as well as improve employee efficiency and comfort and increase productivity. Contact-us any time to help you find the right document management software for your business needs.

 

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Single Sign-on (SSO): A Smarter Way to Log-in

Single Sign On Process

 

Cloud technology has been growing at an unprecedented level over the past few years, but COVID-19 led this industry to a whole new level. Businesses are forced to revolutionize the way they work, seeing an increasing number of digital workers relying on a wide variety of applications to perform their jobs and using their mobile devices to access both personal and work-related information.

 

Additionally, nowadays, you need to go through an authentication process, almost on every website, in order to access its content and functions. It’s impossible when you have to remember 50+ passwords without writing them down for security risks posed by compromised credentials This is where SSO becomes handy. Single sign-on is a procedure that is supposed to help you in the password jungle of the Internet. With the help of SSO, you get access to several resources or services after a one-time login and thus save yourself from remembering separate logins from the authentication process.

 

What does single sign-on mean?

Single Sign-On (SSO) is a procedure with which you can gain access to multiple applications, services, or resources with a single set of login data. Instead of remembering several usernames and passwords for different accounts, you only need a single login data record.

For this purpose, SSO provides an overall centralized user authentication service that is valid for several services at the same time and is known to all participating applications. In addition, the system also has all your access data and confirms them to the relevant services and applications.

 

There are two types of SSO authentication; the first called Web SSO, the second called Enterprise SSO (eSSO). Web SSO supports all applications that use a web browser to sign in to applications. On the other hand, eSSO systems are not limited to web applications and are designed to minimize the number of times a user has to type in their login and password to connect to multiple business applications.

 

Thus, SSO is either offered as a stand-alone solution, such as from Okta, Citrix, or Onelogin or is included in access management solutions such as IBM Security Verify Access (formerly Security Access Manager, ISAM) or Oracle Access Management (OAM), both of them usually already contain advanced authentication mechanisms or additional security components such as a web application firewall.

 

How does single sign-on work?

Single sign-on validates a user with a certificate exchanged between the service provider and the identity provider. The information sent from the identity provider to the service provider is signed on this certificate to ensure that the details are passed on from a trusted resource. In the SSO method, the identity information is forwarded in the form of authentication tokens containing information about the user like email address, username, and more.

 

How does SSO strengthens security and improves user satisfaction?

Passwords are the biggest attack vector as according to Verizon’s data breach investigation report, about 80% of data breaches in 2019 were caused by password compromise.  Single sing-on eliminates increasing security risks and gateway for hackers, as users can conveniently and securely access applications and services using other authentication methods such as software tokens, mobile phone applications, certificates, fingerprints, voice, or facial recognition.

 

The use of single sign-on offers many advantages from the point of view of productivity and creates greater acceptance by end-users and system operators. User experience is improved because they don’t have to memorize 500+ passwords or any security question answer. The one-time authentication saves users a lot of time. They don’t have to type in new passwords and usernames over and over again.

 

If the past has shown us one thing, it is that we cannot rely on our credentials being adequately secured on various IT systems. Therefore, it is best to use a well-secured SSO system whenever possible. Passwords should not be used for authentication, especially when using cloud applications. Instead, use the advantages of SSO or MFA and outsource the registration to a trustworthy identity provider.

 

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DMS: Intelligent Workflows Integration to Streamline your Business Processes and Increase Productivity

STREAMLINING BUSINESS PROCESS THROUGH DMS

Our everyday life is shaped by digitization. Nevertheless, numerous documents go through our hands every day in the office as at many workplaces there is still more paper in circulation than necessary. Appropriate management of company documents is extremely important to an organization. It’s a process that can be easily automated but in many cases is carried out manually. If, on the other hand, you are a Paper-less Office (mostly digital), you still have to manage documents and possibly scan, save and organize them beforehand.

 

However, in order to keep up with the rapid changes in the modern business world, companies nowadays have to rely on lean processes, transparency, and efficiency. A future-proof company cannot avoid digitization. Efficient management of documentation can allow employees to collaborate on tasks and save businesses significant amounts of money. A document management system (DMS) can make this process much easier for you so that you can concentrate fully on the business operations. Digital document management in connection with automated process management is one of the steps towards the digital transformation of your company. With a DMS you can automate your workflows, keep track of things and are no longer exposed to the risk of losing sight, stop shuffling paper and streamline your business processes.

 

Here below are some considerations that you should take into account when implementing a DMS.

 

Plan the DMS implementation:

Deciding to implement a DMS is one of the first great steps towards becoming a Paper-less Office. A well-thought strategy and planning is essential to ensure a successful implementation of DMS. Only when you know what you want to achieve with the DMS, you can pay attention to the corresponding functions and features. It is therefore essential that you get a clear picture of the company’s current situation, possible problems, new opportunities, goals, and future needs. All of these elements need to come together in order to find out the best DMS to satisfy your company’s needs.

 

Essential features package:

If your company is growing steadily, you should also consider future requirements when planning to embark on a DMS implementation project. Don’t just think about the present, but also keep an eye on tomorrow to achieve long-term gains. The following features are essential for a smooth working day:

  • Usability: Clear user interface and simple operation.
  • Digitization: Scan documents and save them in various formats such as PDF or Word.
  • Document input: Should allow inputting files through various sources such as scanner, Email, manual upload, mobile applications, web services, etc.
  • Versioning: Always use the latest version of a document and restore an older version in an emergency.
  • Full-text search: should be able to find documents quickly by allowing users to locate any word or phrase that appears in the document.
  • Automatic workflows: Self-definable forwarding and processing of documents.
  • Archiving: Safe storage of documents.

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Industry-leading document management system providers, always go beyond the basic features and provide to their customer’s innovative features and solutions that will improve their overall business productivity. So, all other features and functions are also welcome, but if they are associated with considerable additional costs and are not absolutely necessary for your business, then you shouldn’t choose them in your package. This saves you a lot of unnecessary costs and allows you to concentrate on the essentials.

 

On-site vs Off-site DMS:

When looking for a suitable DMS, you can opt for on-premise or off-premise depending on the amount of data your organizations handle. With an on-site DMS, then you can transfer gigabytes of data in a matter of seconds. On the other hand, if you are running a company that has a large number of users to manage and your investment in IT is not convincing, then you need to go for the cloud or off-site DMS. It’s also suitable if you have a work from home of off-premise working culture within your company.

You should also pay attention to integration options whether new DMS can be integrated into the company’s existing systems such as BPM, CRM, or ERP, so that there is no need for a major changeover.

 

Service of the provider:

There are a lot of DMS providers on the market, they differ with their individual user interfaces as well as with their range of functions. That’s the reason why, in addition to extensive and solid document management software, you should choose the provider that best fulfills your requirements and most importantly when it comes to DMS implementation.

A serious DMS provider should be able to provide a transparent presentation of the costs incurred, such as for setting up and maintaining the software, through to any other services that may arise. These include, for example, training courses such as:

 

  • Introduction to document management software
  • Correct handling and use of the DMS
  • Establishment of automatic workflows
  • Assistance in any undesirable emergency situation. A permanent contact person in such a case can be helpful to resolve any issue that occurred. A DMS usually works perfectly, but in an emergency, it can never hurt to have a good connection to the manufacturer.

 

If you have carefully studied the use of a DMS within your company and know what you want to implement with it, you can specifically pay attention to urgently needed functions. A right DMS accrues significant benefits to the organization. Hence it is imperative to choose the correct DMS to makes your day-to-day work easier.

If you are interested in a DMS, we would be happy to work with you on your company’s digitalization project and accompany you step by step with the introduction of a DMS in your company. We look forward to hearing from you and would be happy to answer any questions you may have.

 

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Making Old Software New Again – 5 Ways to Modernize Legacy System

Making Old Software New Again - 5 Ways to Modernize Legacy System

In times of cloud computing and digitization, many companies are deciding to replace their legacy applications with new developments. One thing is clear when you look back at the history of IT and software engineering everything changes. These changes concern hardware upgrades, improvement in software, language, infrastructure, and methodology. This advancement has allowed IT to stay ahead of ever-changing business demands in an everlasting competitive era.
According to Statista, the global application modernization tools market is expected to grow from USD 11,412 million in 2020 to USD 24,803 million by 2025, at a CAGR of 16.8% during the forecast period. The rise in demand for cloud services, lower costs, and increased security are among the most common reasons why companies are modernizing their old applications and software. Legacy systems modernization also helps companies to improve their customer acquisition strategy, provide a better customer experience, earn the loyalty of their returning customers, and cut costs. Often, positive effects can be achieved even with relatively manageable effort.

Here below are few modernization measures that promise quick wins.

 

  1. Upgrading outdated software

Many companies continue using outdated systems, regardless of their age or the quality of underlying technologies. Their argument to defend the software is that the software has been working just fine for decades and is still able to cope with most of its tasks so why fix it if it isn’t broken?
Well, what they don’t see is the hidden costs of their legacy systems. While they continue to run outdated versions of software, such as is often the case with Windows XP, the increase in maintenance and support costs is promised. First, companies have to use the extended support of the provider against high payments. After the end of the official support period, they are forced – if available – to purchase individual solutions for the support against horrendous contributions. If there is no support at all anymore, they have to buy the source code of the software and maintain it for a lot of money. Additionally, as these legacy softwares are no longer supported by the manufacturer, they aren’t secure and put data at risk. By upgrading to newer versions, operating costs can therefore be significantly reduced and security can be enhanced.

 

  1. Switch to open source

Switching from proprietary to open-source software can also save costs. An example of this is Oracle’s database migration to PostgreSQL. PostgreSQL supports most programming languages and compares in terms of functionality and performance. Thus, the database offers a real alternative in many cases but saves companies the license costs.

 

  1. Switch to virtualization or cloud

Your hardware costs can be reduced by migrating applications from dedicated physical to virtual machines or to the cloud. By migrating servers to virtual machines, the company can enable more efficient use of the server hardware, reduce overall operational costs by having less hardware in total, consume less power, and occupy the less physical room. Operational costs can also be reduced due to reduced physical hardware requirements.
In a cloud environment, a company no longer needs its own hardware to run applications. Cloud allows affordable and accessible storage of data in cloud-based servers, with the data easily retrievable when required. You can opt for pay-as-you-go service. By paying predictive monthly costs, companies no longer need to worry about replacing their servers ever again.

 

  1. Encrypt transmission paths

Every business has to follow certain guidelines within protocols to look for vulnerability assessment in a legacy system. The security of legacy applications can be increased by encrypting the transmission paths of their data. Often, outdated, unencrypted protocols are still used here – such as HTTP for the transmission of web page content, FTP for the transmission of files, or Telnet for remote access to computers. They should be replaced by the modern, encrypted protocols HTTPS, SFTP, or SSH.

 

  1. Implement password policies

Guidelines for proper handling of application passwords also provide more security. Employees should be encouraged to use only strong passwords that are long and complex enough. In addition, the passwords should be renewed regularly and should under no circumstances be kept accessible to anyone – certainly not on a post-it stick to the screen.
Weak passwords are not only responsible for hacking emails, Facebook, or Instagram accounts but also enterprise applications. Implementing strong password policies is therefore a good example of how to achieve positive effects with little effort.

 

Conclusion

Legacy Application modernization doesn’t happen in one day. Instead, it’s an entire journey and the best results occur when companies embrace a holistic approach that’s future-oriented and considers enterprise goals. With legacy modernization, you can transform your IT ecosystem based on current and future business needs and build a flexible foundation for future innovation.
If your company still relies on outdated software, Xorlogics can be your partner in the journey to digital transformation and make your business future-ready. With a strong understanding of business needs and technology, we handle every aspect of legacy-system modernization: from analyzing the current solution, creating a roadmap for developing a solid business strategy, prioritizing the features to rebuilding your product from scratch, using the latest technologies and architecture solutions.
So, don’t hesitate to fill this form and our experts will contact you as soon as possible.

 

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