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By- Laxman Balagani
Remote working has grown to be a dominant trend in the post-pandemic world. Gartner anticipates that 41% of employees will work at least some of the time remotely once the coronavirus is in the rear-view mirror. Such a lasting change in the workplace culture has had the biggest impact on cybersecurity.
Many businesses struggle with how to secure remote workers or if it's even worth trying at all due to fears about security risks for those who aren't physically present on-site at any given time. What they need is insightful, practical, and useful visibility across all communication vectors as they support vast, remote workforces. To obtain this level of visibility, organizations should reconsider their data and user protection techniques and strive to get meaningful insights into what's going on behind the scenes.
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There are cyber risk management solutions available today that can help ensure your business stays safe and productive without sacrificing flexibility for your employees.
To guarantee a safe and secure working environment, enterprises must rethink their approach to security and privacy when dealing with a dispersed workforce. This article explores how business leaders should approach cybersecurity risk management in the era of remote working.
A behavior-centric approach based on a human-centric viewpoint on cybersecurity
The growing usage of smartphones, cloud-based apps, and social media in both work and personal has made it clear that people are the new perimeter. To contain these changes, the new cybersecurity risk management strategy, which aims to protect people, places, and things, works on a behavior-centric approach.
This approach centers on understanding users' behaviors using critical data and intellectual property across worldwide IT systems. This strategy is designed to identify problematic employee behaviors and prevent them from escalating. It's a new way of defending against threats that complements the traditional cyber risk management approach of stopping the bad guys.
It has become essential for businesses to integrate edge security, cloud security, and network security into a single, cohesive format. Here are a few steps businesses can take to enhance cybersecurity when working remotely -
To guarantee a safe and secure working environment, enterprises must rethink their approach to security and privacy when dealing with a dispersed workforce.Unsplash
Providing cyber security training to employees who work remotely can help minimize cyber threats. Ideally, employees should be able to spot a cyber scam in action and know how to avoid it in the future so they stay one step ahead of cyber threats. Providing cyber security training through video modules or cyber security e-learning is a great way to help remote employees retain cyber threat prevention techniques, cyber-hygiene standards, and cyber safety procedures.
There is an absence of a true security perimeter in a remote workplace. Thus, organizations must adopt the mentality of zero trust. All systems must be properly secured and require verified access, whether internal or external. Adding a layer of multi-factor authentication is a crucial step that will protect data from unauthorized access.
Ironically, cloud-based security systems offer better cybersecurity risk management than on-premise servers. Cloud systems are built from the ground up to be safe even when exposed to the public internet. This gives them an edge over regular file servers, which are only lightly secured with sensitive data.
The use of collaboration tools and videoconferencing platforms to allow for business interactions while away has increased significantly. Most of these were quickly integrated, with resiliency taking precedence over any security concerns. The recent Zoom-bombing is the poster child for the risks that come with adopting technologies fast. Teams in the CXO suite need to get defensive and audit all tools and platforms for security flaws before integrating them.
We've already seen software-defined networks (SDNs) emerge to define and protect networks, allowing businesses to use a single, holistic approach for all edge computing. Now that remote networks have taken center stage, IT leaders must apply the same strategy across the network and into the cloud to ensure consistency, cohesion, and security.
Remote working makes it imperative to rely on digital connections, making it critical to ensure that they're secure, fast, scalable, and robust across all networks.
Some companies may not embrace working remotely as their modus operandi, while some organizations might cling to an outdated network model. Anyhow, businesses must consider the long-term impacts of technological disruption and look at them as opportunities. With a distributed workforce, organizations must reconsider how they secure and protect their data.
(Disclaimer: This article is sponsored and includes some commercial links.)
The 'Millennial Mood Index 2021' (MMI) was released by CASHe, India's AI-driven financial wellness platform with a mission to make financial inclusion possible for all. According to the survey, more than 84 per cent of millennials across the country have increased their wealth-management strategy to prepare for future contingencies while also looking for opportunities for stronger and more sustainable growth in the post-pandemic world. The pan-India survey, conducted among more than 30k customers on CASHe's platform, aimed to capture the impact of the Covid-19 pandemic and how it has altered millennials' everyday behaviour across a variety of topics such as health, travel, shopping, savings & credit appetite, and so on.
While the majority of millennials have become more cautious about their finances as a result of the pandemic, the report also highlighted the cohort's progress in saving and insurance awareness. While 52 per cent of respondents said they have increased their savings, 35 per cent have purchased comprehensive health and life insurance plans, and the remaining 13 per cent have committed to more extensive investment programmes.
The pan-India survey was conducted by CASHe among more than 30k customers. | Pixabay
The pandemic, combined with the 'work from home' culture, has also raised health awareness among Indian millennials. According to the MMI report, more than 71 per cent of millennials have become more health conscious as a result of the pandemic. In their quest for a healthier life, a sizable portion of the cohort has adopted new lifestyle changes. 54 percent of respondents said they now prefer eating home-cooked healthy food, and 28 percent have adapted to daily walks or some form of exercise. 11 per cent of respondents said they had started practicing yoga and meditation, while the remaining 7 per cent had signed up for a nearby gym.
When asked if they eat out at restaurants, more than 52 per cent said that even if they eat outside, they would prefer restaurants that adhere to health, safety, and social distancing norms. 22 per cent have become accustomed to ordering food online and prefer doing so because they can do so from the comfort of their own home while adhering to the necessary safety standards. Whereas 26 per cent of respondents remain cautious and avoid eating outside at all costs.
Following nearly two years of uncertainty and a travel ban, the report revealed a huge pent-up demand among millennials for a getaway vacation. More than 56 percent of those polled said they intend to take a vacation early this year, once the current surge in Covid-19 cases subsides. In terms of travel destination preferences, 71 per cent said they were going somewhere domestic, 9 per cent said they were going somewhere international, and 20 percent said they hadn't decided yet.
28 percent have adapted to daily walks or some form of exercise. | Unsplash
The report stated that 38 per cent of respondents have permanently shifted to shopping online as they now prefer it, demonstrating a clear shift in millennial shopping behavior altered by the pandemic. While 17 per cent preferred physical shopping, 45 per cent preferred a combination of the two depending on what they wanted to buy.
When asked about returning to work in the post-pandemic order, 68 per cent of respondents said they are eager to return to the physical world and work from their offices. While 15 percent preferred to continue working from home (WFH), the remaining 17 per cent preferred a hybrid model of functioning that included visiting the office once or twice a week.
V Raman Kumar, Founder Chairman, CASHe said, "The Covid-19 pandemic has radically altered our everyday behavior, perhaps forever. However despite the challenges and economic upheavals witnessed in the last two years, millennials have proven themselves as the most resilient generation. Millennials who also represent the country's largest workforce have showcased the grit and resolve to bounce back and kick-start the economy. Their unwavering "can do" spirit is what has put them at the global centre stage while showcasing India as the largest millennial market to lure in brands across the globe. They are not just aspirational, but are a very responsible cohort seeking to reimagine old orders. Millennials have the potential to redefine India's investment & consumption story, which will play a critical role in shaping our country's economy in the post-pandemic era."
Millennials will play a critical role in shaping our country's economy in the post-pandemic era. | Unsplash
The pan-India survey was conducted by CASHe among more than 30k customers. More than 65 per cent of the responses were received from the metro markets of Mumbai, Delhi, Kolkata, Hyderabad, Bangalore, Ahmedabad, Pune and Chennai while the rest 35% were received from other tier-II and III towns. (IANS/SP)
(Keywords : millennial, mood, index, survey, country, India, finance, pandemic, investment, health, lifestyle, vacation, challenges, resilient, generation, customers.)
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A renowned Harvard Business School professor delivers a persuasive reconsideration and defence of purpose as a management ethos, demonstrating the enormous performance advantages and societal benefits that can be realised when businesses get their purpose right.
Too many businesses use purpose, or a reason for existing, as a marketing tool to make themselves feel good and appear good to the public.
Some people have only hazy notions of what purpose is, conflating it with strategy and other concepts like as "goal," "vision," and "values." Even the most well-intentioned leaders are unaware of the full power of purpose and interact with it only half-heartedly and superficially. Outsiders see this and become sceptical about businesses and the capitalist enterprise as a whole.
Ranjay Gulati shows the catastrophic blunders leaders unintentionally make while seeking to create a purpose for being, based on significant field study. Furthermore, he demonstrates how businesses might further incorporate purpose than they now do, resulting in tremendous performance gains for consumers, suppliers, workers, shareholders, and communities alike.
Also read: Underrated Business Tips And Tricks by Eric
Organizations are being updated to create more autonomy and cooperation, allowing individual employees to work more meaningfully.
* Creating a community of inspired and committed stakeholders by employing strong narrative to express a purpose for being, arouse emotions, and develop a community of inspired and committed stakeholders; and
* Creating cultures that not only promote purpose, but also allow people to connect the company's mission to their own personal motivations.
As Gulati says, a stronger connection to purpose is the key not only to individual firms' success, but also to humanity's destiny. Purpose may serve as a completely new operating system for the organisation, boosting performance while also bringing real benefits to society, especially in light of capitalism's undermining and low levels of confidence in business.
(keywords: hi-performance companies, catastrophic blunders, "goal," "vision," and "values)
In India, on January 26, 2022, thousands of youngsters set fire to empty train carriages. They disrupted rail traffic in order to protest what they claim are irregularities in recruiting by the railway department, which is one of the world's major employers. (VOA/ MBI)
(Keywords: India, recruitment, bihar, train, burnt, job, employers, railway)