October 12, 2022
Kannan Subbiah
FCA | CISA | CGEIT | CCISO | GRC Consulting | Independent Director | Enterprise & Solution Architecture | Former Sr. VP & CTO of MF Utilities | BU Soft Tech | itTrident
The new survey shows 75% of respondents were at least somewhat concerned about privacy of personal data collected online. Of those who showed little concern about the issue, 24% said it was because, “there’s nothing I can do about it anyway.” Another 18% of that group said, “I take all of the privacy precautions that I can, so I believe the security and privacy of my personal data is out of my hands.”?According to the report, when asked “who should be most responsible for protecting the online privacy of Americans,” 32% said companies, 33% said the federal government, and 25% said it was consumers themselves.?“This isn’t a surprise,” said Harvard Kennedy School fellow and lecturer Bruce Schneier. “Surveys consistently demonstrate that people are concerned about their privacy in the face of both governments and corporations. The reason people don’t often act on those concerns is that they feel powerless. There are often no easy ways people have to protect the privacy of their personal data, nor are there reasonable alternatives to the tech monopolies that make surveillance their business model.”
The proposed regulatory changes would allow telcos in the country to temporarily share certain government identifier data, such as Medicare and passport numbers, with financial services providers. This aimed to facilitate enhanced monitoring and safeguards for customers affected by a data breach, the office of Australian Treasurer Jim Chalmers said in a statement Thursday. He added that the amendments would enable better coordination between the telcos, financial institutions, as well as federal and state government agencies to detect and mitigate the risks of cybersecurity incidents. "The proposed regulations have been carefully designed with strong privacy and security safeguards to ensure that only limited information can be made available for certain purposes," Chalmers said. The amendments will apply to all financial institutions regulated by Australia's Australian Prudential Regulation Authority (APRA), excluding branches of foreign banks, with the personal identifier information only to be used for "preventing or responding" to cybersecurity incidents, fraud, scam activities, or instances of identity theft.
People often ask, “How do I change my career to cybersecurity with no experience?” or “Can I get into cybersecurity without IT experience?” It is critical that employers can distinguish you from your peers. Employers certainly prefer job candidates with experience; however, degrees and certifications also demonstrate your understanding of relevant topics and can set you apart from other applicants. Nearly 9 in 10 (88 percent) of respondents to ISACA’s survey reported that a cybersecurity candidate’s credentials are somewhat or very important in determining if they are qualified. How quickly can you learn cybersecurity? It depends on your path—degrees typically take two to four years, depending on the level of education and focus of the subject matter. Certifications are less of a time commitment but be sure to pick the one that is right for your background and level of experience. For example, ISACA’s Cybersecurity Fundamentals Certificate is designed for entry-level professionals, but the CISM and CSX-P certifications are meant for more seasoned practitioners.
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For the rapidly changing worlds of both cybersecurity and ESG, past performance cannot be considered an indicator of future success. Instead, companies need to train up existing employees, hire new talent, and bring in external consultants to develop and vet their plans for both regulatory compliance and how to showcase that hard work. New hires and specific employee designations are only one piece of achieving legal compliance (and, of course, great PR). Thoughtful training and awareness maintenance is key here as well. In cybersecurity, an organization is only as strong as its weakest link; in ESG, employees with multifaceted skill sets (namely, strategic plan evaluation and ability to analyze both qualitative and quantitative inputs) will be the ones who drive value in meeting this multifaceted and demanding acronym. The best training and awareness programs not only account for legal obligations, but they also consider employees’ specific responsibilities and how everyone interacts with cybersecurity and ESG sectors in differing ways. Dynamic workshops, lecture sessions, and specialized training are solid paths to showcase compliance in both cybersecurity and ESG
If hiring outside talent is too difficult, time-consuming or expensive, it may be time to look inward and develop your own talent pipeline from within your organization. Good cybersecurity employees must be curious, measured and driven with an attitude of “I don’t know the answer, but I can figure it out.” The rest you can teach. I have personally transitioned employees from DevOps and infrastructure teams into roles as IAM specialists, senior security architects and engineers. Unfortunately, internal development programs are often hampered by a lack of time and resources or leadership turnover, which makes it impossible to settle on a strategy for longer than a single technology refresh cycle. But if you make the investment and look beyond certifications and formal training, you will often find passionate existing employees who simply need an opportunity and a nudge in the right direction. Personally, I’ve found that web developers, network administrators, cloud engineers and operations personnel all make fantastic cybersecurity candidates with the right support.
Although virtualization has kept up to date with the ability to handle streaming and other relatively high-performance processes, some memory-intensive projects aren’t a good fit. Not having enough memory or overcommitting the memory you do have can lead to performance issues. Server virtualization may make it easier for you to save physical space, but it still requires a lot of memory. ... When it comes to power sources, it’s best practice to always have a backup. The same is true of virtualizing servers. Don’t go out on a limb with virtualizing something and end up removing the redundancy the original had. Make sure you’ve tested that the virtualized server and its backup work well before you make any changes you can’t reverse. ... What if the VM you’re trying to repair also controls the retinal scanner that is supposed to let you into the building? Now you have a second problem. Software on VMs shouldn’t be the only way to access physical controls, especially if they’re mission critical or could cause problems for the people working on the servers themselves.?