Which mitigation strategy uses the principle of something the user knows and has

Print Has Responsible AI Peaked? It’s no secret that the pandemic has accelerated the adoption and, more critically, organizations’ desire to adopt artificial intelligence (AI) capabilities. However, it’s notably difficult to make AI work. Only 6% of organizations have been able to operationalize AI, according to PwC’s recent global Responsible AI survey of more than 1,000 participants from leading organizations in the U.S., U.K., Japan, and India. More than half of companies in the survey said they are still experimenting and remain uncommitted to major investments in AI capabilities. But companies that have an embedded AI strategy can more reliably deploy applications at scale, with more widespread adoption across the business, than those that don’t. Larger companies (greater than $1 billion) in particular are significantly more likely to be exploring new use cases for AI (39%), increasing their use of AI (38%), and training employees to use AI (35%). Responsible AI While some challenges to operationalization are technical or limited by skill sets, a trust gap remains an inhibitor. A major trend is to incorporate “responsible AI” practices to bridge this trust gap. Responsible AI comprises the tools, processes, and people needed to control AI systems and govern them appropriately in accordance with the environment we would like to operate in and is implemented using technical and procedural capabilities to address bias, explainability, robustness, safety, and security co...

Ransomware has rapidly become one of the biggest global threats our businesses and institutions face today. These attacks—which infiltrate our networks, lock up critical data, and demand a substantial ransom in cryptocurrency to restore vital information—have reached crisis proportions, especially in areas like healthcare and government. There are even criminal “help desks” that collect a fee for helping victims manage the ransomware process Even as ransomware attacks become ubiquitous, they are evolving into more sophisticated and targeted threats . Ransomware software from these criminal cyber gangs ( Here’s how it works: Why should preventing and mitigating ransomware be a top priority? Research performed by Delinea confirms that having strategies for mitigating ransomware threats and an incident response plan that is incident-ready must be a top priority for every organization. In fact, Delinea’s l atest State of Ransomware Survey & Report reveals two out of three companies surveyed were victims of a cyberattack in the last 12 months— and more than 80% felt they had no choice but to pay the ransom demands. Such numbers are shocking and a huge warning to the rest of us that ransomware is here to stay until we become resilient resulting in fewer ransomware payments. We must recognize a ransomware attack is not a matter of “if” but “when.” How we are prepared to respond to the challenge has far-reaching consequences. What are the risks that come with ransomware attacks? I...

Finance, tech, manufacturing — no matter the industry you work in, you’re always doing project risk management. Whether you’re a startup founder working on your first Minimum Viable Product (MVP) or the head of IT for a Fortune 500 company, you know that any new initiative comes with some element of risk. Risk assessment is, in and of itself, In this article, we’ll discuss the basics of risk identification and analysis, as well as some common mitigation techniques. Let’s get started! Project risk: what’s the big deal? So, you’ve been neglecting your project management risk. It’s no big deal, right? Wrong! Ignoring project risk can lead to potential problems down the road. Risk management is the process of identifying, analyzing, and mitigating risks to your project. It’s important to include risk management as part of your overall project planning. By doing so, you can avoid or minimize potential problems and ensure your project is successful. So, what is risk? Risk is defined as the possibility of something bad happening that could affect your project. There are • Technical risks — Problems with the technology or software you’re using • Schedule risks — Delays or missed deadlines • Financial risks — Unanticipated expenses or budget overruns • Resource risks — Lack of staff or expertise to complete the project • Political risks — Changes in government policy that could impact your project • Environmental risks — Natural disasters or other unforeseen events To effectively m...

What Is Cybersecurity Risk Management? Cybersecurity risk management is a strategic approach to prioritizing threats. Organizations implement cybersecurity risk management in order to ensure the most critical threats are handled in a timely manner. This approach helps identify, analyze, evaluate, and address threats based on the potential impact each threat poses. A risk management strategy acknowledges that organizations cannot entirely eliminate all system vulnerabilities or block all cyber attacks. Establishing a Broadly speaking, the cybersecurity risk management process involves four stages: • Identifying risk– evaluating the organization’s environment to identify current or potential risks that could affect business operations • Assess risk– analyzing identified risks to see how likely they are to impact the organization, and what the impact could be • Control risk– define methods, procedures, technologies, or other measures that can help the organization mitigate the risks. • Review controls– evaluating, on an ongoing basis, how effective controls are at mitigating risks, and adding or adjusting controls as needed. What is a Cybersecurity Risk Assessment? A cybersecurity risk assessment is a process that helps organizations determine key business objectives and then identify the appropriate IT assets required to realize their objectives. It involves the identification of A cybersecurity risk assessment should map out the entire threat environment and how it can impa...

What are ethical 'best practices' in technology? 'Best practices' is a term often used in contexts where it is very important that the thing be done well, and where there are significant costs or risks to doing it in a less than optimal way. Here we describe best practices for the process of incorporating appropriate ethical attention, reflection, and decision-making in the context of technology development. No single code of technology ethics can fit all contexts and practitioners; organizations and professions should therefore develop explicit internal policies, procedures, guidelines, and best practices that are specifically adapted to their own activities and challenges. However, those specific codes of practice can be shaped by reflecting on these 16 broad norms and guidelines for ethical practice. 1. Keep Ethics in the Spotlight—and Out of the Compliance Box:​ Ethics is a pervasive aspect of technological practice. Because of the immense social power of technology, ethical issues are virtually always in play. Even when our work is not directly client-facing, ethical issues are never absent from the context. However, the ‘compliance mindset’ found in many organizations can, when applied to technology, encourage a dangerous tendency to ‘sideline’ ethics as an external constraint rather than see it as an integral part of being good at what we do. Law and ethics are not the same. What is legal can be unethical (quite common), and what is ethical can (even if less commonl...