The digitalization wave is the latest focus for enterprise IT modernization. While it offers enormous opportunities it also creates great challenges. As organizations hasten to digitalize, they often neglect sufficient cybersecurity leaving them vulnerable to cyberattacks and data theft. According to the latest IBM report, the global average cost of a data breach in 2023 was $4.45 million. Every day adversaries launch malicious attacks on business infrastructures to disrupt or obtain sensitive data.

Business-critical applications such as ERP, SCM, CRM, PLM, and others support essential business functions and processes for the world’s largest commercial and government organizations. This includes supply chain, manufacturing, finance, sales and services, and defense. Many businesses in the Defense Industrial Base (DIB) utilize SAP in their ERP landscape.

The protection of sensitive information is critical for any organization, especially when it involves national defense. The effort is not only for protecting the information but also ensuring that the organization meets regulatory compliance and policies. The US government’s efforts to break down information silos and improve sharing of data have led to an increase in the number and diversity of people accessing and working with CUI.

Zero Trust is the new Buzz word in the cybersecurity arena. Ever since, Forrester Analyst, Kindervag introduced the term Zero Trust in his article “Zero Trust Architecture”, traditional security measures have become obsolete. Zero Trust is a security framework that is based on an “I Trust No One” principle; it doesn’t matter if the user is within or outside the organization. A user is not granted access unless he/she is authenticated and authorized first.

Recently the US Department of Defense (DoD) cyber-perimeter had been breached by state-sponsored and individual hackers. Vulnerabilities exposed by data breaches inside and outside the DoD demonstrate the need for a more robust cybersecurity framework that facilitates risk-based protection. In October 2022, it released the “DoD Zero Trust Strategy” and road map.

As the world fitfully rebounds from the recent Covid-19 pandemic, both our personal and professional lives will be altered. A recent survey by Gartner revealed that 74% of CFOs and Finance leaders said they will move at least 5% of their previously on-site workforce to permanently remote positions post Covid-19. Organizations will evaluate rent costs, health risks, and productivity benefits in the new environment. Some office space will be released.

As cyber security threats become more complex and sophisticated, old strategies of dealing with these threats are no longer complete. Security and risk management have become a top priority for organizations. New regulations and laws have been passed to protect consumers’ personal information. Organizations are strengthening their security measures and gearing up to defend themselves against ransomware and supply chain attacks. Given below are some top trends to watch out for in 2023..

The loss of data in any form is detrimental to an organization’s growth. However, the loss of IP in the form of CAD files perhaps is tantamount to ringing the death knell. In the world of manufacturing and high-tech companies the most critical IP, such as details of either mature products or yet-to-be patented prototypes, is represented as constructional drawings typically stored as CAD files. Consider, for example, the case of Apple losing its IP.

As companies grow, they constantly face problems that pose a great risk to it and in some cases the economy itself. With data breaches and data leakages becoming a norm in today’s world, companies are forced to step up to the plate and face the heat. What these companies fail to understand is the fact that there are no exceptions when it comes to malfunctions and insider threats.

HALOCAD also supports disabling and enabling of menu icons in CAD workspace based on the assigned sensitivity label.