Today’s digital transformations call for fundamental changes to existing IT infrastructures, including security strategies. With every innovation – from the use of hybrid cloud technology to BNY Mellon’s NEXENSM platform – comes a level of risk that must be carefully considered to grow and maintain our digital trust.
A company’s digital trust grows slowly over time as we’re able to prove the reliability, resiliency and recoverability of digitized services. It can be lost far more quickly if services or systems are compromised because information integrity has a direct impact on user confidence.
Elizabeth (Liz) Agosto, Global Chief Administrative Officer, Information Security Division at BNY Mellon, served as the moderator for a panel discussion on digital trust during the 45th annual ALPFA Convention which featured experts Christopher Hall, Deputy Chief Information Security Officer at BNY Mellon; Andre Arbelaez, President of the Hispanic IT Executive Council (HITEC); and William Beer, Principal of Cybersecurity at EY.
“Cybersecurity impacts all of us, and it’s everyone’s responsibility,” said Hall. “We all need to know what it means to be a good digital citizen and how to use technology in a responsible way.”
Think back to the last time you changed your password on an important personal account – like your bank account. If you can’t remember how long it’s been, it’s probably time for an update. At work, most people are prompted to change their passwords on a regular basis; being a good digital citizen means doing the same at home.
“When we get a new device and set up a password, most of us think we’re done,” Hall said. “The reality is that by not protecting our internet connections or any electronic device, we leave ourselves vulnerable to intrusion and cyberattacks.
Hackers don’t need to focus on technology these days; they can hack the human side of the equation. That shouldn’t inspire paranoia, but rather generate vigilance and a mindfulness of the digital footprints left as we increasingly live and work online.
In addition to using strong, secure passwords (and remembering to change them regularly), consider these tips to become a better digital citizen:
As our devices become more connected through the Internet of Things, we also need to be aware of the increasing autonomy our devices will have to make decisions and take actions on our behalf.
“The Internet of Things, blockchain, smart contracts and artificial intelligence technologies will increasingly converge to create greater automation and efficiency, even in our personal lives, but will also create greater complexity in managing our digital identities,” Christopher Mager, Head of Global Innovation at BNY Mellon Treasury Services, commented during his closing remarks.
The panelists agreed that these kinds of technological developments can create new and exponential potential risks, making it even more important to properly manage our digital identities.