Mastercard and Global Cyber Alliance launch cybersecurity toolkit for small businesses
The Global Cyber Alliance, an international, cross-sector effort dedicated to eradicating cyber risk announced today, in collaboration with global payments processing provider Mastercard, the launch of a new cyber security toolkit. Available as a free online resource, the platform is specifically aimed at protecting the digital interests of small businesses by offering guidance and tools with clear directions to combat the increasing volume of cyber attacks seen worldwide.
The Global Cyber Alliance has partnered with several additional organizations to create the GCA Cybersecurity Toolkit, including the Center for Internet Security, the Cyber Readiness Institute, the City of London and the City of New York. The toolkit will also be regularly updated with input from users, industry experts, and public and private partners across the globe.
According to a report by CNBC, cybercrime is estimated to have cost the global economy $600bn in 2017, up drastically from $445bn in 2014. That number is expected to rise, in no small part “due to the lower cost of entry and advancements in technology such as machine learning and artificial intelligence,” Ian Yip, the Asia Pacific CTO at cybersecurity firm McAfee, told CNBC in an interview.
According to the companies, 58% of all cyber attacks are directed against small businesses which make up 99% of all registered businesses globally, including the United States, European Union and United Kingdom. According to the City of London Police Commissioner Ian Dyson, cyber attacks cost businesses an estimated US$8.7bn, as a result of social media and email accounts being compromised, between April and September 2018.
Dyson said: "As the national lead force for fraud and a founding member of the Global Cyber Alliance, we are always pleased to see new initiatives that will assist businesses in improving their cyber security. It's therefore essential that we, as a force, continue to work closely with businesses as well as the organisations that serve to protect them."
"I applaud the deployment of a cyber toolkit for small and medium businesses. This support is of critical importance to help smaller organizations effectively deal with increasingly complex and more frequent cyber threats," said John Gilligan, president and CEO of the Center for Internet Security.
"NYCEDC is proud to partner with the Global Cyber Alliance on the Cybersecurity Toolkit to better educate small businesses about the risks of cyberattacks. Small businesses play a critical role in New York City's economy and represent an underserved customer base for cyber education and technologies," said Nicholas Lalla, project lead for Cyber NYC, at the New York City Economic Development Corporation (NYCEDC).
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.