SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

All About Cyber Security Attacks and How to Prevent Them

These days, cyber security attacks and data breaches are on the rising side. Data breach laws are there but, it requires organizations to inform users that their personal information has been negotiated. So, it is important to understand these cyber laws and their importance as they are dangerous for effective data protection. According to a report, it was found that almost 2 trillion data records were hacked during the first half of 2017 where several MNC’s like big banks, hospitals and even credit agencies have fallen prey to these hackers. Read more at: https://finance.toolbox.com/articles/key-data-breach-laws-what-they-are-and-why-they-matter

 

 

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Effective ways of protecting VoIP from cybercrime

In a research, it was found that throughout the IT realm, cyber criminals are executing faster attacks and cyber crimes have increased due to increased risks in VoIP system. A growing number of attacks against business VoIP systems to greater availability of hacking tools are available to would-be criminals through illegal means. A company's VoIP security is as strong as an organizational approach to data security and by implementing appropriate protections around telephony, customers and organization are protected from data breaches. In this article, we will explore the most common and effective ways of protecting VoIP from cyber crime. Read more at:  http://it.toolbox.com/blogs/voip-news/voip-security-5-very-real-solutions-to-super-scary-threats-70706

 

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Handling data breaches

Data breaches have always been a broad level concern, but what is more important is the impact data breaches have. Usually after a company suffers a data breach, strict regulations are enforced curtailing employee use of data. Thus the entire workforce loses data flexibility which in turn affects productivity. At times, hasty decisions can demoralize employees. Having a data-led approach to business throughout the company is definitely a welcome change. There are a number of ways to dispel fears surrounding data. Risks surrounding data can be avoided through three elements namely policy, training and education, and technology. Policy should guide through using data and devices. Training and educating employees is relevant in avoiding breaches. Technology will protect the business in case of a data breach. Having an intelligent, flexible and secure approach to information management will ensure effective use of data while guarding against risks. Read more at:https://channels.theinnovationenterprise.com/articles/don-t-be-scared-of-your-data

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Data Breach in Healthcare: Is Cloud Really a Solution?

Healthcare is perhaps the most valuable and personal data. The risk of data breach is growing as there have been millions of data breach cases. Health data stores are mostly held in on-site software solutions, or, at cloud services, where the data stores are managed by third party hosting providers. But since cloud is not immune to such attacks, this may not be the perfect solution. A recent report by sky-high networks shows that around 93 % of these cloud services pose a security breach threat to the healthcare organizations. Since it is an open source, the origin of the threat is sometimes hard to detect. Read more at: http://www.forbes.com/sites/danmunro/2015/07/06/healthcare-moves-to-the-cloud-but-is-the-cloud-ready-for-healthcare/

 

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Healthcare Engulfed By Analytics

Healthcare Analytics Market has been predicted to have tremendous potential over time with low cost and improved population health. Survey report gives an increase in analytics adoption rate though many still don't use predictive modelling techniques. Data integration is required to derive analytical value which comes as a big challenge. Data Breeches and Data Security is a lesser factor than the former one since enterprises take their own data. But this factor works when external data is taken into account. People with a unique combination of statistics training, technology skills, and data knowledge are also required in large number. Also, infrastructure improvement for analytics must be done according as many healthcare decision makers. Thus analytics is getting much priority in healthcare in recent times. Read more about this article at:  http://www.cio.com/article/2904270/healthcare/healthcare-analytics-4-things-impacting-the-adoption-rate.html

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Healthcare sector-big data in limiting data breaches and frauds

The healthcare sector is now exposed to data breaches as it has adopted the online mechanism, for maintain health records or say for remote patient monitoring. Data breaches are not only expensive in terms of costs incurred by the healthcare provider but also in terms of patients' lives. Data analytics helps in interpreting unstructured data, which may help to prevent not only data breaches but also (say, medical prescription) frauds.  Big data analytics allows organizations to amalgamate and analyze their data irrespective of the source, type, size or format and finally understand the patterns needed to address fraudulent activities. Again, by updating, pharmacies, doctors, and hospitals on data insights, concerning substance history information of patients, it is possible to take better prescribing decisions and identify potential prescription drug abuse. Read more at: http://venturebeat.com/2015/03/31/big-data-analytics-can-prevent-health-care-fraud-heres-how/

Sigmaway consultants have worked with clients in benefits solutions workspace providing analytics on healthcare plans. For more details visit http://www.sigmaway.us/

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Combating data breaches

With increasing number of data breaches, companies should now take necessary steps to combat it. Phishing, though a fairly old method, is the most common method of attacking companies. Emails which contain phishing methods should be identified, filtered and prevented from hitting inboxes. Spam filters are already doing this task to a great extent, but creating flagging system that can filter out the necessary emails through human logging works better. Systems should be upgraded to prevent from being vulnerable to malware and malicious cyber-attacks. Misuse of system and human error should be prevented to prevent hacking. The most important way of protecting system from attacks is by educating people who use it in the best ways to protect it. Read more at: https://channels.theinnovationenterprise.com/articles/data-breaches-aren-t-changing-but-you-should

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Factors affecting adoption of analytics in healthcare

Healthcare analytics, estimated to be over 20 billion, is growing very fast. The main reasons for the growth are: improved population health, reduced healthcare cost and patient safety. Thus, a vast majority of healthcare decision-makers have made analytics their priority. However, there are four main factors that could impact the adoption rate of analytics in healthcare. Data integration: It is the most important challenge because of the absence of unified datasets and inoperability between technologies.

Data breaches and security: This needs to be taken care off when data needs to be transferred to cloud in view of the recent healthcare data hacks.

Data sciences talent: There is likely to be stiff competition for talented data scientists with experience in healthcare and analytics.

Low current levels of analytics investment: The order of magnitude of investment in analytics may be the biggest challenge for the growth of analytics in healthcare.

Read more at:http://www.cio.com/article/2904270/healthcare/healthcare-analytics-4-things-impacting-the-adoption-rate.html

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Security Tips For CRM System

Nowadays, there are data breaches by which customer information is leaked. CRM data are highly confidential. There is no perfect system to protect all CRM data. But, some basic security measures can go a long way in creating a CRM security system. Read more at: http://it.toolbox.com/blogs/insidecrm/top-3-security-tips-for-your-crm-system-65549

 

 

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