Chapter 1(5)
Chapter 1(5)
The work IT departments carry out each day is broad and varies by
company. It can involve day-to-day tasks like systems administration, tech
support, and security patch management. But it also involves strategic
planning.
Application development
Business operations
Application development
Enhanced Communication
Cost Reduction
Chapter 2
E-Business and E- Commerce
Introduction to e-business
E-business has made shopping easy for us. We don’t need to go anywhere
physically, we can shop from home and get great deals too. But do you
know what are the types of e-business? What are its characteristics? Let’s
find out more about e-business.
Introduction to e-Business
It is easy to set up
Outsourcing
Types of e-Commerce
Now there are actually many types of e-Businesses. It all depends on who
the final consumer is. Some of the types of e-commerce are as follows :
Business-to-Business (B2B)
Business-to-Consumer (B2C)
Consumer-to-Consumer (C2C)
Consumer-to-Business (C2B)
Consumer-to-Administration (C2A)
Business-to-Administration (B2A)
[edit]
Bank payments
[edit]
This is a system that does not involve any sort of physical card. It is used
by customers who have accounts enabled with Internet banking. Instead
of entering card details on the purchaser's site, in this system the
payment gateway allows one to specify which bank they wish to pay from.
Then the user is redirected to the bank's website, where one can
authenticate oneself and then approve the payment. Typically there will
also be some form of two-factor authentication.
[edit]
Banking Cards.
USSD.
AEPS.
UPI.
Mobile Wallets.
Point of Sale.
Internet Banking.
Here are some social media security risks and their potential
impact on businesses (with more to come later in this guide):
Unconfigured privacy settings increase the risk of
unauthorized access and potential data breaches
Cybercriminals can exploit inadequate social media
monitoring for suspicious activities, spreading malware
and impersonating your company, thereby compromising
its security
Underestimating social engineering attacks and lacking
tailored plans to handle security incidents often leading to
delays in effectively addressing breaches
What’s at stake? Protection of confidential information,
preservation of online reputation and prevention of online
harassment or cyberbullying.
Yet companies frequently overlook social media security. Maybe
because it might not be the most exciting part of creating a
social media strategy. But it can be the key factor that
safeguards your business from severe security breaches
or substantial financial losses.
On that note, let’s explore the benefits of social media security
for individuals and businesses.
Benefits of social media security
Understanding the benefits of social media security is a good
starting point for both individuals and businesses alike to
ensure a safer and more secure online presence.
Benefits of social media security for individuals
1. It protects personal privacy: Social media security
protects sensitive information, prevents unauthorized
access and defends against identity theft, fraud and online
abuse. By limiting access to trusted individuals, it ensures
a higher level of privacy.
2. It enhances online reputation management: It allows
for better control over one's online presence, protecting
against reputational damage from inappropriate content
or harassment. Moreover, it creates a safer and more
enjoyable online experience by minimizing interactions
with cyberbullies.
Benefits of social media security for businesses
1. It protects sensitive corporate data: Social media
security plays a vital role in protecting intellectual
property. It prevents unauthorized access and serves as a
shield against data breaches. This is especially crucial for
businesses relying heavily on social media platforms for
marketing and sharing valuable data.
2. It mitigates brand reputation risks: Actively
monitoring and addressing security threats is key to
safeguarding a brand's reputation. It helps reduce the risk
of unauthorized access to social media accounts, ensuring
the protection of valuable assets. By prioritizing security,
businesses enhance their credibility and foster trust
among customers and stakeholders.
3. It helps to stay compliant with regulations and
standards: Implementing strong security practices is
essential to comply with data protection regulations,
preserving customer trust and upholding industry
standards. Businesses can safeguard themselves from
potential legal and financial consequences, ensure the
safety of sensitive data and maintain a reputable position
in the market by prioritizing security.
Employing social media security measures is crucial for
individuals and businesses to cultivate a safer and more secure
online presence. However, equally significant is familiarizing
oneself with the prevailing social media security risks and
threats.
Let's dive into that before we explore the best practices to
ensure social media security.
Risks and threats associated with social media security
The following are some common risks and threats associated
with social media security.
Unauthorized access: the unauthorized infiltration of
personal or corporate social media accounts by hackers or
other bad actors, which could result in data breaches or
the improper utilization of information
Phishing attacks: the act of deceitfully trying to acquire
sensitive information, such as passwords or personal
details, through impersonation of genuine entities or
creation of fake profiles
Malware and viruses: malicious links or infected files
can spread malware and viruses through social media
platforms, compromising the security of devices and
networks
Privacy breaches: inadequate privacy settings or
unintentional sharing of personal information can expose
individuals to privacy violations, identity theft or online
stalking
Reputation damage: inappropriate content, negative
comments or online harassment can harm an individual's
or business's reputation, impacting trust and credibility
Social engineering: manipulation techniques employed
by cybercriminals to deceive users into revealing
confidential information or performing actions that
compromise security
Account hijacking: the unauthorized takeover of social
media accounts, often for malicious purposes, leading to
identity theft, dissemination of harmful content, or
fraudulent activities
Data mining and tracking: social media platforms
collect and analyze user data for targeted advertising or
third-party purposes, potentially compromising privacy
and personal information
Cyberbullying: harassment, intimidation or abusive
behavior directed at individuals on social media platforms,
causing psychological and emotional harm
Fake accounts and scams: creation of fake profiles or
fraudulent schemes on social media, aiming to deceive
users into providing personal information, financial details
or engaging in fraudulent activities.
Staying well-informed about these risks and actively
implementing essential precautions are crucial for safeguarding
oneself when using social media platforms.
EXPLORE NOW
Insist on two-factor authentication
Adding two-factor authentication (2FA) is crucial for online
security as it promptly mitigates the dangers tied to
compromised passwords. If a password is hacked, guessed or
even phished, it no longer grants intruders access. Without
approval from the second factor, the password alone becomes
futile.
Restrict access to specific individuals
Securing your social media accounts involves limiting access.
While external threats are a concern, data breaches can also
originate from within your organization. Not everyone on your
team requires knowledge of account passwords, even if they
handle social media tasks. You can assign different roles to
different people while ensuring permission vary based on each
role. Doing so helps restrict access to sensitive data or features
as well as allows better accountability. It's also crucial to
implement a system that enables you to revoke account access
when employees leave or change roles.
Automate approval workflows
You don't have to grant posting access to everyone managing
your social accounts. You can streamline your workflow by
utilizing approval processes. Only approvers will have the
flexibility to modify content during the approval stage, making
swift edits without the need for message rejection and re-
composition. This not only improves efficiency and saves time,
but also works as a defensive strategy to limit the number of
people who need the posting ability.
Give someone the rein
Designating a dedicated individual as the vigilant guardian of
your social presence is crucial for risk management. This
person assumes various responsibilities such as:
1. Developing and implementing a security policy
2. Monitoring the brand's social media presence
3. Managing access and permissions
4. Aligning social media strategies with security goals
5. Collaborating with the IT department
6. Training team members on security practices
7. Responding to security incidents promptly
Typically, this role is filled by a seasoned member of your
marketing team. However, it's important for them to maintain a
strong collaboration with the IT department to effectively
address potential risks. Team members should rely on this
person for guidance in case of any social media mistakes that
could expose the company to risk, enabling prompt and
appropriate responses.
Implement an early warning system
Ensure comprehensive monitoring of all your social channels,
including both frequently used and dormant ones.
As mentioned earlier, assigning a responsible person is
recommended to verify the authenticity of all account posts,
starting with cross-referencing them against your content
calendar.
Investigate any unexpected posts, even seemingly legitimate
ones that deviate from your content plan. It could indicate
human error or a potential security breach.
Tap into your social media monitoring strategy to identify and
address imposter accounts, inappropriate brand mentions by
employees or others associated with your company and
negative conversations surrounding your brand.
Keep tabs on social media security concerns
Regularly checking for new social media security issues is
crucial to actively address emerging threats and vulnerabilities.
The digital landscape evolves constantly, and staying attentive
allows prompt identification and mitigation of potential risks.
Here’s a checklist for your regular audits:
1. Review social network privacy settings every quarter to
adapt to any updates that may impact your account's
privacy and data usage control
2. Assess and update access and publishing privileges for
your social media management platform and accounts,
revoking access for former employees and adjusting roles
as needed
3. Stay informed about recent social media security threats
by maintaining a good relationship with your IT team and
keeping an eye on mainstream news outlets
4. Conduct a quarterly review of your social media policy to
ensure it evolves with changing network popularity,
security practices and emerging threats, thus enhancing
the safety of your social accounts
Always remember: To ensure the effectiveness of your social
media policy, employee training is essential. Social media
training empowers employees to use social tools effectively,
boosting their confidence in utilizing social media for work while
maintaining safety for personal and professional purposes.
How to use a social media security tool for better
protection?
A social media security tool, often part of a comprehensive
social media management platform, offers various features that
can be helpful in enhancing social media security.
Are you looking for the right online video conferencing tool to fulfil
your video meeting needs? Not those of yourself alone, but also those of
your team and your entire organisation? Do you have any of the following
video meeting questions and you’re looking for a perfect solution?
The usage of online video conferencing tools has skyrocketed in the last
few weeks. Let’s take a first introductory look at the 3 most
popular Cloud-based, online video conferencing tools. Afterwards,
I’ll dive deeper in the specific functionalities of each of them.
Google Meet
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Zoom
Zoom is one of the most used online video
conferencing tools right now. It’s easy to use and the video and audio
quality is quite good. Zoom has also quite a lot of meeting functionalities.
But as the usage of Zoom increased in the past few weeks, some
serious security problems got exposed. Even a new word got
invented, “Zoom-bombing”, to indicate the security risk of hackers or
others invading your video meeting. For businesses this security risk is
certainly something to take into account when deciding for the ideal video
conferencing tool.
Microsoft Teams
The free as well as the paid plans allow users to host meetings with up to
250 attendees.
Zoom
Google Meet
Google Meet is more secure than Zoom. It encrypts messages but doesn’t
use end-to-end encryption. Messages are encrypted “in transit”. This
means that they are only encrypted between your device and Google’s
servers.
However, unlike with Zoom, Google Hangouts Meet video meeting links
can be made only available to people within an a business. This is how
many of the Google Workspace, formerly G Suite, technologies work.
Microsoft Teams
Microsoft Teams encrypts your data “in transit”. They store your data in a
secure network of datacenters and use Secure Real-time Transport
Protocol (SRTP) for video, audio and desktop sharing.
Google Meet: You can use Google Meet to talk with more than one
person at the same time. Meetings can include up to 100 people
with Business Starter, formerly G Suite Basic. You can invite 150
persons with Business Starter and up to 250 with the Enterprise
license.
Time limit
Nobody wants to have the feeling that you haven’t had the
chance or time to discuss what’s important to you. Which tool lets
you hang out via video for as long as you like with no time limit? Check it
out below:
Zoom: Zoom has a limit for those who are using its Free plan.
Although you can make an unlimited amount of calls, each call can
only last up to 40 minutes. So if your meeting lasts less than 40
minutes and you’re with less than 100 people, the free version will
suffice. If you’re using a pro account or anything more expensive
than that, the limit moves up to a 24-hour duration.
Google Meet and Microsoft Teams let you hang out for as long as
you like, with no time limit.”
Google Meet doesn’t have any limits on the length of calls you can
make
Zoom: With Zoom you can record your meetings. The recordings
are saved to your local computer only.
Sharing your screen, so others can see what you are seeing and
doing on your screen, is an important feature for business
meetings. This is handy when you have to present some facts & figures
from a presentation or some visuals, for example. You can also give real-
time demonstrations and demos.
Google Hangouts Meet: Only one person may share their screen
at a time during a videoconferencing. But thanks to the connexion
with Google Workspace, you can easily share documents, images,
and files through the chat feature of the meeting room.
Zoom: the meeting host can allow multiple people to share the
screen at the same time.
Collaboration tools
Dial-ins
Google Meet: With your Google Workplace account you can dial in
into your video meeting from a phone (national and international
numbers). Meet doesn’t require an additional add-on. Google
doesn’t charge additional fees for participants to call in. It’s very
simple to use: just dial the indicated number and enter the right pin
code that both are included in the Meet invite.
Zoom: Calling into Zoom via a phone line is easy but expensive. You
will just need the local Zoom phone number and the Meeting
ID. Note that these numbers will be charged at local rates to the
country they are called from. These dial-in numbers are available
based on whether the host has subscribed to an audio conferencing
plan or not. If the host wants to access additional numbers,
including toll-free numbers, he will have to purchase an audio
conferencing plan.
Google Meet: With Meet you can view everyone in a grid with the
main speaker being highlighted. The speaker gets enlarged at the
center of your screen in grid view, when he or she is presenting their
screen. You want to know how to activate this function? It works with
a simple Chrome extension. Read more about it here.
Zoom: With Zoom you can display participants in gallery view. This
lets you see thumbnail displays of participants, in a grid pattern,
which expands and contracts as participants join and leave the
meeting. You can display up to 49 participants in a single screen of
the gallery view.
Teams: Teams tries to anticipate what you’ll want to see in a
meeting but you can’t see everyone in the meeting in a grid view
like is the case with Google Meet and Zoom.
Captions
Zoom: Zoom also has a caption function but it’s working manually.
The host can type while talking or assign someone to type and write
the closed captioning.
Teams: In Teams you can enable live captions, just like in Google
Meet. It detects what’s said in a meeting and presents real-time
captions for anyone who activates the function during a meeting.
Note that live captions are a preview feature in Microsoft Teams and
they’re only available in English (US) and on the Teams desktop app
for now.
Additional features
Integrations
Business & Enterprise licenses also give you unlimited Cloud storage
space, which is helpful when recording and saving your video chats for
later. For a more thorough comparison between all Google Workspace
licenses, also check out this blog article.
Keep in mind that you don’t need to pay a monthly fee for every
participant that wants to join a meeting or webinar. People can join for
free, it’s only the host of the meeting, the one who sets up a meeting, that
has to pay a monthly Google Workspace subscription.
Zoom Pricing Packages
The Pro plan for Small Teams, including all the Basic features of the
free plan. You can invite between 100 and 300 participants to a
video conference and it costs you $14.99 per month.
The Business plan ($19.99 per month) is used by Small & Med
Businesses, it includes all the Basic and Business features. You can
invite 300 participants to a meeting.
The largest plan called the “Enterprise plan” gives you access to
all types of Business features ($19.99 per month with a minimum of
50 hosts). This plan is mostly used by large businesses. You can
accept until 500 participants and you have unlimited Cloud Storage.
In the visual below, you can see how the service plans stack up against
each other: