Select Page
← Go Back

Security breaches and data leaks are probably the biggest threat to the security of international firms. Cyber-attacks have been steadily increasing and criminals no longer have to try to gain physical access to a building wielding a weapon or sneaking in a window at night time. In recent years the world has changed significantly with regards to the threats companies face.

Despite this, business in the UK has been very slow to adapt to the changing security environment in relation to two-step authentication and cloud security solutions. A report by Gemalto, has revealed that, though 92% are worried about employees accessing company resources with their personal credentials, far less have reported doing enough to find a solution.

More than half of the organizations interviewed felt that their security was on a par with that implemented by consumer-focused companies like Amazon or Facebook. While that might not seem out of place, considering the very public profiles of those companies, but with global cyber-crime running to over $180 billion, $6.5 billion of which is in the UK, the dangers to all firms should be patently clear.

What Steps Are Being Taken?

The EU has taken considerable steps towards streamlining effective, continent-wide data security legislation through its newly introduced General Data Protection Regulation, however UK business still have a lot of work to do. According to the report, 61% revealed that they had not implemented two-step authentication to try and beef up their security, with concerns over accessibility and speed being the major reasons.

Increase your business agility with Clarizen’s project management software

Though organizations understandably want a less burdensome tech infrastructure to enable employees to work and communicate as quickly and efficiently as possible, they may be making their organizations and those very employees more vulnerable to cyber criminals. Even those firms which had instituted increased security measures were found to only require a third of their staff to use it. This shows that even the more security-conscious organizations still only implement full protections when it is most necessary.

Is Authentication a Viable Fix?

One of the major issues is that those doing business in the UK don’t feel it is possible to introduce the same kind of consumer authentication with their resources. Though, as Nelson Mandela famously said: “It always seems impossible until it is done”. So, either with a greater will or through the ingenuity of one of the country’s many tech start-ups an affordable and flexible solution to the UK’s IT security concerns needs to be found.

Joe Pindar, director of Product Strategy at Gemalto lamented “the slow adoption of protection such as two-step authentication”. He also stated, that “although adoption is increasing and the majority plan to introduce this within the next two years, talk is cheap and not enough is being done quickly enough.”

As cyber criminals get ever more inventive, even the smallest amount of information can be used to breach a system or pull off a scam. Now that the UK is leaving the EU and its joint-security operations, the need to invest in enhanced protection, such as cloud security solutions, if it is to maintain its status as a booming global tech hub.

What are you waiting for?

Learn why Clarizen is the right choice to engage your workforce and accelerate your business.

Learn How to Get 30% Higher Return on PPM Assets.

Get the Full Gartner's 6 Best Practices White Paper.
Preview: Gartner’s 6 Practices for Managing Portfolios to Drive Business Value
In the Gartner Market Guide for Adaptive Project Management & Reporting guide, Gartner, Inc. provides recommendations and evaluation criteria for executives and PMO leaders assessing Project and Portfolio Management (PPM) solutions. This guide outlines the adaptive project management and reporting process flow as well as a market review of current providers in the following categories:

However, another culprit may be limiting the success of your portfolios: Gaps in your PPM practice.

In a recent report, Gartner urges CIOs and portfolio managers to assess their organization’s performance against six best practices and develop an action plan to fill any gaps. The report notes that “Integrated portfolio management and governance has an important role, because well-governed I&T portfolios result in superior organization performance, with an increased return on assets of 30%.”

Download the report to learn how to:
  • Ensure that the intake process, prioritization and investment decisions that deliver business outcomes align with the organization’s strategy.
  • Create an adaptive culture to ensure that resources can support changing business (consumer) needs.
  • Track key performance indicators (KPIs) based on what the business cares about.
  • Put in place benefit realization, including continuous feedback to future prioritization decisions and business case assumptions.

Gartner’s 6 Practices for Managing Portfolios to Drive Business Value
If you like the preview and want the FULL PDF file, please provide your information and you can download it
Buyer’s guide to project management software