Thanks to the huge surge in popularity of Bitcoin, blockchain technology has found its way into a broad range of sectors, including banking, healthcare, and even U.S. homeland security. Blockchain has by far made the biggest impact on how we approach cybersecurity, but is it the be-all, end-all of cybersecurity solutions?
Blockchain technology’s largest success is in eliminating human error, which is responsible for the majority of data breaches. As a decentralized ledger system for data transactions across a global network, blockchain technology is regulated by an entire network of mutually anonymous participants, not a central authority, therefore protecting data from tampering, intentional or otherwise. It can be used to protect against any type of data breach, cyber-attack, identity theft, or foul-play transaction. Most importantly, it can transfer any data or digital asset, making it so flexible it can benefit any industry.
When it comes to its efficacy as an approach to cybersecurity, Bitcoin provides an excellent case study: although it experiences fluctuations in value, Bitcoin has withstood cyber-attacks for nearly ten years. By removing the risk of a single point of failure and leveraging a decentralized infrastructure, blockchain technology is the biggest revolution in cybersecurity of our time.
With that said, blockchain may not be the ultimate solution for everyone. Although theoretically this technology could be implemented in any industry, individual companies are unlikely to be able to adopt it for several reasons. First, it is challenging and time-consuming to incorporate into supply chain systems. Second, it may require an entire upheaval of current systems and infrastructure. And third, running blockchain technology needs substantial computing power, which gives it a high operation cost that many businesses may not be able to afford or may not see as a good return on investment.
There is no one-size-fits-all cybersecurity solution. To create a digital secure infrastructure that makes sense for your business, contact the experts at INFRASI to request a consultation.
The demands for today’s IT leaders are not the same as they were for IT leaders of the past. As businesses and economic activity shift to the digital realm, IT leaders must juggle their daily responsibilities with strategizing high-level, forward-thinking digital ambitions. To free up more time for developing big-picture strategies and to achieve a more efficient, profitable business growth across all sectors, most businesses are making IT modernization a top priority. To make complete IT modernization a reality, here five steps that should be your top priorities:
1. Assess Your Existing Infrastructure
Begin by taking inventory of your existing infrastructure: identify your strengths, new demands, and current user experience. Remember to take a close look at security and data storage infrastructure. The widespread use of mobile devices dictates that data should be accessible from any device, anywhere in the world, which opens up the potential for security breaches and quickly reaching data storage capacities.
2. Automate Everything
Phasing out any manual steps is key to IT modernization. Implementing automations and self-service enablements is especially useful for resource provisioning, allocation, and planning, so long as you have clear, pre-defined standards they must meet.
3. Establish Your Goals & Start Monitoring
Your team should know and discuss the goals you want to achieve with IT modernization. Agreeing on the system parameters up front will ensure you can effectively monitor changes and correct any issues that arise.
4. Address Vulnerabilities
Before implementing any new applications, IT leaders should understand the potential vulnerabilities they may be introducing as well. Assess the application’s security processes, data governance, and data lifecycle.
5. Have an Implementation Plan
Have a plan and schedule before you begin implementation and account for time that may be spent troubleshooting. Implementation will inevitably have to come in phases, but you can speed up the process by partnering with the right digital enterprise solution provider. At INFRASI, our digital experts will help you plan for and implement new platforms, applications, and digital products. Contact us today to kickstart your enterprise’s IT modernization.
The digital economy is forcing a change everywhere. If we look at internal modernization efforts due to digital technologies we are seeing organizations prioritize improved employee user experience. At the same time, they want to control modernization costs. In this blog, we want to look at three areas of the current to future state transition that impacts organization modernization activities. The three areas are productivity, security strategies, and cost trends.
Leaders need to ask themselves where are their opportunities are to enhance productivity and bring value to an employee. Keep it simple when framing this solution. In our work with customers, we have seen organizations go straight to entering the future state, without building a roadmap. Enhance productivity and create value with short wins. An example is with mobile being a key component of digital. Start by breaking down the mobile experience at an enterprise level and then go into functional areas. As an organization, you will learn through the process where to focus services transformation/technology enhancements.
Another area on of modernization activities is the security team’s role. Security breaches scare most organizations. This internal team can impede the journey to a digital first organization. Sometimes there is a negative connotation about including security in the process, but they are really an advocate. Given that most organizations are looking for technology to support productivity, security is influential in all phases of digital modernization (i.e. concept, design, operations, and etc.). As a key player in modernization projects that have an executive sponsor is coming from the C-level. With that high visibility, it puts pressure on organizations to launch digital initiatives prematurely that add additional risks to the business. Work with security to help push digital strategies forward.
With any digital strategy, cost plays an important role. Here is a general question that needs to be asked, to enhance productivity in a secure way, what is the cost per employee? Depending on the organization that response is different. However, overall this is a leading indicator of value. As mentioned previously keep it simple. Do you need the latest and greatest technology to create that value with digital? Obliviously it depends. The main objective is to provide that operational excellence that manages costs in the manner that is sustainable and provides a great user experience.
The current to future state migration strategy is not easy to execute. This is where we play in helping organizations get into the specifics of how internal digital modernization activities fit into the larger digital transformation strategy. Being able to provide an executable framework with a holistic view of the organization is how we help organizations realize success. We have a pulse on what is going on externally in the market, which allows us to translate that into operational excellence in a digital economy. Contact us for further discussions on how we can support your digital strategy that increases productivity, applies modern layered security approaches and cost management.