As we become more social in an increasingly connected world, companies must find new ways to protect personal information. Virtually all personal information is shared today, from credit card numbers to home addresses, and even social security numbers. It is the onus of companies dealing with personal information to prevent identity theft, hacks into their systems, or accidental exposure of such information. With identity fraud increasing 13% from 2010 to 2011 in the U.S., cybersecurity and compliance are more pressing than ever.
New Security for New Technology
With all of our information spread on social media and mobile apps spreading to personal banking, hackers no longer have to be creative to get people’s information. Thankfully, there are rules and regulations that organizations must comply with in order to protect themselves and us from ourselves. In a world where we’re quick to give up our personal information, companies have to ensure they’re just as quick in identifying threats, responding in real time, and avoiding a breach of any kind.
Meeting of the Minds
Since cyber attacks are becoming more sophisticated and done on much larger scales, having a good understanding of how to protect sensitive information is a necessity, yet also ensuring information is being shared with speed. A company cannot completely halt operations because of a threat as we live in a connected ecosystem of payers, providers, and partners. Instead, they must have solutions that will notify them of the threat in order to fix it before any real damage is done.
Leaders and professionals who are concerned with cybersecurity are meeting to discuss ways to improve methods for dealing with these problems. There is a Gartner Security & Risk Management Summit in Harbor, MD, as well as the 2013 Cybersecurity Innovation Expo in Baltimore, MD. It’s going to take these kinds of conferences and collaborations to help protect people and their information.
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