Technology has changed the lives of people today, it has become now an integral part of living and the feeling of a lost mobile device can make people both mentally as well as physically handicap. That said, smart-phones have bought the irreversible changes in society as well as business. From shopping online to banking or ordering food to book your holidays can be done with few clicks on the smart-phone, which was never envisaged before. With 24 x 7 consumers, the business landscape has also changed forever, to be available round the clock.
This, however, has brought along with the convenience, the biggest challenges for both individual and businesses. The businesses need to have robust IT infrastructure to meet the demands of consumers and at the same time needs to protect the buyer information from falling prey to the sprawling cyber-criminals. With everyday transactions generating petabytes of data with sensitive information such as financial data to personal information, it becomes crucial that both the consumer and the enterprise take adept precautions and security measures to safeguard the data from prying eyes.
Today with more than 75% people accessing the net using both private and public Wi-Fi systems and the fast-growing user base of more than 360 million users, the internet usage becomes a part of a daily ritual. But with lack of awareness among users and devices that are using unscrupulous methods to track and capture data, it becomes imperative that an all-around approach from forming government policy frameworks, an awareness campaign by enterprises to the implementation of robust multi-layered security solutions is inevitable to secure the data.
The recent spate of attacks by ransomware to malicious cyber-attacks had crippled large businesses for days together with millions of dollar losses, data breaches in established banks to food service provider and large telecom companies lost millions of user data to cyber theft. These are few of the instances known or came to fore, but as estimated there are hundreds of cases which are not reported or pushed under the carpet to safeguard the reputation of organizations. With increased sophistication and complexities of cyber-attacks and advanced hacking tools freely available, the internet world is slowly becoming the jungle with the old saying survival of the fittest. Hence with the new mantra that described “Data as the new Oil” becomes critical to be protected with utmost ferocity to protect the identities as well as financial information, which could be stolen with ease for a simple overlook such as a password.
Hence, as we embrace technology in our palms to make our lives easy and convenient, it is also important to be aware that we can be victims of the power of technology with the fast-growing complex cyber threats.
For further information: https://escanav.com/en/solutions/enterprise-mobility-management.asp
