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The protracted COVID-19 pandemic is now not only a disruption to the way in which we work however has reworked completely the world of labor, Chan Kok Seong, UOB’s group chief danger officer, says in an interview with finews.asia.
The way forward for work is shaping right into a hybrid mannequin that optimizes worker flexibility, autonomy and efficiency throughout areas. Whereas a lot consideration has been targeted on enabling digital groups via know-how, it is very important steadiness the dangers of distant working with productiveness and agility.
A paper just lately launched by the Financial Authority of Singapore and the Affiliation of Banks in Singapore recognized two key classes of dangers for monetary establishments: operational dangers and other people and tradition dangers, which all corporations throughout sectors ought to notice as they digitalize their companies.
How would possibly corporations higher handle these rising dangers as they grapple with the embrace of distant working within the digital age?
New Dangers Are Right here to Keep
Organizations might want to confront the technological, operational, authorized and compliance dangers which come up from a hybrid work mannequin. A change in a company’s management atmosphere – similar to when the vast majority of its workers carry out their roles remotely – can introduce further info safety menace components.
For instance, digital workplaces embrace might be vulnerable to elevated cyberattacks on an exterior community, potential leakage or misuse of confidential info, id theft and workers circumventing work processes and controls towards compliance pointers.
In a digital work setting, enabling workers’ distant entry to inner methods is a requisite. Corporations should discover a balanced and measured strategy to cybersecurity safeguards that works for his or her operations and which don’t compromise their danger controls or enterprise productiveness and agility.
Reassess Threat Profiles