Tag: CYBERSECURITY

20 Aug 2021
LMS

Make employees learn about the safety of home PC’s through an LMS

In our age, implementing an LMS is an absolute necessity to deliver knowledge to employees. Employees indeed need to be trained consistently to ensure that an organization reaches its peak level of success. Cybersecurity is quite important for organizations to make sure that the employees are safe in their workspace.

It is crucial because employees are working from home and use company servers to access data. Although VPNs are getting used to protect the company networks, they are still prone to attacks through user errors.

As per security reports, there has been a huge increase in mobile phishing attacks. There has been a huge rise in such attacks between the times since October 2019-March 2020. This has happened due to user mistakes.

Training software is required to make sure that employees protect company systems while working from home. Since it’s so necessary, such kind of training can’t be for a short duration. In fact, the LMS needs to be updated with cybersecurity materials to ensure that the employees look for warning signs to protect themselves from phishing.

When a child is using your system

Cyber-attacks have increased because employees use social media also. But with proper cybersecurity training, employees can inform their companies on time about any potential threats. Employees need to know that their home devices can be hacked also. It can happen when someone hacks, their home Wi-Fi. For example, someone can introduce viruses into the home PC when it is used by a child to access a gaming site. That means compromising the system and giving access to VPN credentials. Even mobile phones used to access office emails can be hacked when a nefarious site is opened.

Make sure employees use the LMS to learn about cybersecurity

Through an LMS, employees can be taught about the rules of cybersecurity. An LMS can make sure that employees partake in games, where they are asked for their response to a phishing situation. An employee with the correct answer is rewarded with tokens. So, an employee with the maximum tokens can be given the awards such as “the best employee of the year”. This way, employees can be encouraged to receive training about the latest phishing trends.

Businesses need to understand the importance of cybersecurity because if the LMS does not contain information on it, the whole system can be compromised. The employees must comprehend how important it is for them to protect the data of the company.

What to do when hackers have accessed the router?

The hackers can get access to the router’s password. Once this password, is compromised, he can attack all the systems in your home. There are many signs of what happens after a router has been hacked:

 

Low bandwidth: The hacker will take advantage of your bandwidth, which clearly implies you won’t have much left to use. You will suffer from the problem of slow-loading sites, which can affect your work.

Compromise of firewall: Once the hacker can install some malware on your system, the firewall becomes disabled, leading malicious websites to open up on the system. Viruses can be unleashed on your computer, stealing all the critical data. They can also start operating the computer by themselves. They can also check all your internet activity to know which sites are getting accessed.

The employees of a company can be sent videos through the LMS to detect if any hacker has been accessing their home systems.

The employee has to follow certain basic steps:

  • Log into the computer: He has to log in to the computer using his own username and password. Once he has logged in, he then has to type the router’s IP address in the browser’s URL bar.
  • Find the connected devices: After that, you can check how many devices are logged into your network. There is a list of attached devices you can check. You might know some devices, but some of them are recognizable through their IP addresses. If you don’t recognize the IP address of any device, this implies it is the device of a hacker. What to do, once you discover such an IP address. The best way is to reboot the router.
  1. The first thing you can do is to reboot the router. This reset button is located on the back of this device. It’s a hole with the words RESETmentioned on top of it. You have to stick something pointed in this hole to press the button. You have to make sure that this button stays pressed for 30 seconds.
  2. After that release, the button and the router is restarted.
  3. But after that, you have to call the ISP person at home, to configure the network and start the internet on your PC.

All these steps can be shown to employees in a Zoom call so that their home networks are safe.

 

 

13 Jul 2021
BFSI LMS

Why do banks need a BFSI LMS?

The world has changed dramatically in the past with new technologies coming to the fore. The service industry has indeed seen a boom, but there are so many complexities also one of which is intense competition.

How can a BFSI LMS help bank employees?

This is true in the case of the financial sector. Banks have to make sure that customers get a prompt response when they ask questions from their executives whether on phone or in person. The banking executives can hence take the help of chatbots who have been programmed to answer the common questions posed by customers. The banking executive can make sure that they ask the chatbots about the perplexing questions asked by customers and using the keyword of questions, these bots respond within seconds.

Apart from chatbots, many new technologies are getting used by banks, including a BFSI LMS.

This is because such LMS can help companies train employees effectively about new compliance laws. There can be huge consequences for defaulting banks. In case they are unable to follow a compliance law, a bank may have to shut down.

New Banking laws in the US

Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers

Cybersecurity is one of the critical concerns of banks, especially since there has been digitalization of their services to please the customers. Although services like Net Banking have been introduced, there is a need for a lot of security so that no data breaches occur through the bank’s server. In January 2021, the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) proposed a new rule as per which banks are supposed to inform the OCC within a maximum of 36 hours if they believe that a cyber attack(“notification incident”) has happened. This kind of communication can be in verbal or written form also. A notification incident is defined as something that can stop the banking operations or the provision of banking services and goods.

Apart from that, if there is a cyber attack on a bank service provider, which could ensure that its services to the bank are going to be affected for four hours, then it’s his job to inform at least two persons at every bank.

Corporate Transparency Act

There is also an imposition of anti-money laundering laws known as the Corporate Transparency Act. As per it, the financial institutions if they have a business customer who opens accounts with them, then they are supposed to get all his details. The business customers often open accounts with banks to conduct a transaction on behalf of legal entities owned by them. So, such business customers known as beneficial owners in legal terms are defined as someone who has ownership rights of 25% in an entity or has major control. Such an entity is defined as Limited Liability Companies and Corporations. So banks are supposed to train their front line staff about all such new regulations through a BFSI LMS.

Other advantages of a BFSI LMS

A BFSI LMS ensures that the banks can also monitor how well the learners are reacting to it. They can allow more participation rates for employees because after going through each nugget, they are sent a survey in which they can provide feedback. The learners can also be checked for their gained knowledge through an assessment. Sometimes, the internet connection is not steady in some branches of a bank due to which the BFSI LMS must be accessed offline.

So, this is how a BFSI LMS can help banks in updating their employees with the latest compliance laws.

03 Jun 2021
Cybersecurity

What is cybersecurity and how to implement it?

Cybersecurity is important for companies because so many devices are used like servers, employee computers, mobiles and everything is vulnerable.

It has the following types:

Network security: It implies protecting the network of a company from hackers who can attack it by installing malware on a certain system. So, install antivirus software on every system.

Application software security: This kind of security makes sure that your software does not get viruses and stops working. It can lead to problems for a business. Devices should also be protected from threats. So, application software should be checked for vulnerability before it is installed on a PC.

Information security: It makes sure that the data is not accessed when it is stored, such as on a computer’s hard drive or USB. Even when it is transferred through emails, it should be protected through encryption.

Companies have become quite conscious of their website getting hacked. This is because now websites include customer login accounts also. So, employees need to be trained entertainingly about cybersecurity because technical training appears boring to them.

How to talk to employees about cybersecurity?

It’s also important to have the proper tone in training. It’s because when employees are given training in a motivational way, they feel inspired to make changes otherwise they can feel guilt about their cybersecurity techniques

Webcasts

It’s better that you have virtual meetings to teach about cybersecurity. When there is a virtual seminar, employees can also put up their questions. Arranging a conference room is tough when there is no office space rented because everyone is working remotely.

Simulations and games to teach employees

Cybersecurity training is a problem because the employees are located in different parts of the world. So, they have different work hours. They can be sent games to learn about cybersecurity. These games can be in the form of simulations where heroes fight hackers.

Train through positive reinforcement

Employees should also be sent phishing emails to test their knowledge. If someone opens such emails, inform them what is phishing and what are the signs of such emails. You can also make sure that if a certain employee receives such emails and reports them to the IT team; he is acknowledged in front of others.
Cybersecurity training during Onboarding
When you are onboarding employees, it’s important to teach them about cybersecurity measures. They should be aware of the ways they can be contacted by hackers, like through social media. They can also be contacted through WhatsApp by such hackers.

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DSLR stands for Digital single-lens reflex camera. It has a digital imaging sensor. In this kind of camera, the captured image can be viewed in the viewfinder when the shutter button is pressed. Its shown through the main lens rather than through a secondary lens, so the user knows what has been captured. 

He was a German psychologist who is known for discovering the forgetting curve. According to this curve, the biggest decline in memory happens within 20 minutes, and then 1 hour.