2015’s Cyber Security Resolution
Websense Security Labs, a computer security software company, predicts that in 2015 cloud providers will be one of the main focus areas of cybercriminals collecting consumer and corporate data. Cyber crimes are becoming increasing costly for organizations and every year data hackers are becoming more sophisticated at creating new strategies to hide their tracks while stealing sensitive data.
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In light of the alarming rate at which hackers are targeting businesses, every company, regardless of size, should make cybersecurity one of its top 2015 resolutions.
Here are just a few suggestions for making your company's system more secure:
Increase Your Cybersecurity Budget:
Hackers often use malware as a tool to study and scout your network to pinpoint your network’s vulnerabilities. Invest in the most advanced cybersecurity defenses to quickly detect malware.
Test Your Security System:
Regardless of the size of your business, you should assume that you are going to be a target of security breach in 2015. Hire a cybersecurity firm to test your system, find your weaknesses and take the necessary measures to address them.
Be Aware of Your Vendor’s Security:
Understand the data that is exchanged between your company and your vendor(s). Do your vendor(s) have the correct data security in place?
Travelers, a provider of cyber insurance, suggests employing an information security program which allows limited access and sharing of data with your vendor(s).
Fabricate a Response Plan:
As complex as the causes of data breaches can be, the steps for responding are fairly straightforward, though time-consuming, stressful, and expensive. Dealing with the breach will be monumentally more challenging if you don’t already have a data breach response plan in place.
Here is a simple and general response plan:
- Make a thorough list of events leading up to and immediately following the discovery of the breach
- Inform everyone in your company of what has happened
- Notify the designated response team, especially legal counsel, to determine whether law enforcement and/or other agencies need to be involved
- Identify the cause of the breach and implement necessary steps to fix the problem
When it comes to cybersecurity you can never be too cautious or too attentive. Implementing a secure network for your company can be costly however, the cost and reputation damages that arise from your company’s data breach can be astronomical.
Intelliwave SiteSense boosts APTIM material tracking
“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.
We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.
Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate.
With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.
There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.
Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture.
It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.
Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.
On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.
As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.
A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.