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		<title>IT Governance Outsourcing: The Best Strategy for a Great 2021</title>
		<link>https://businessbeam.com/it-governance-outsourcing/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=it-governance-outsourcing</link>
		
		<dc:creator><![CDATA[Syed Nabeel Iqbal]]></dc:creator>
		<pubDate>Tue, 18 May 2021 11:09:45 +0000</pubDate>
				<category><![CDATA[Business & ICT Continuity]]></category>
		<category><![CDATA[IT Governance]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=10140</guid>

					<description><![CDATA[<p>According to Gartner, Chief Audit Executives have identified IT governance as one of the tops risks for organizations in2021. This is understandable considering the changes COVID-19 brought on in the previous year. Organisations are now working hard to accelerate their digital roadmaps and adopt new technologies to support the changing business environments and expectations of [&#8230;]</p>
<p>The post <a href="https://businessbeam.com/it-governance-outsourcing/">IT Governance Outsourcing: The Best Strategy for a Great 2021</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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<img fetchpriority="high" decoding="async" class="wp-image-9954 alignright" src="https://businessbeam.com/wp-content/uploads/Tech-scaled.jpg" alt="ITG Vs ITSM" width="500" height="263" /><br />
According to <a href="https://www.gartner.com/en/newsroom/press-releases/2020-11-19-gartner-says-audit-chiefs-identify-it-governance-as-top-risk-for-2021">Gartner</a>, Chief Audit Executives have identified IT governance as one of the tops risks for organizations in2021. This is understandable considering the changes COVID-19 brought on in the previous year.<br />
Organisations are now working hard to accelerate their digital roadmaps and adopt new technologies to support the changing business environments and expectations of their customers.<br />
In addition to managing day to day operations, it is important that the relevant risks and resources are optimized, and maximum benefits are delivered to Customers. This means there is a need to govern and manage Technology in the most efficient way. </p>
<h2>What is IT Governance?</h2>
<p>a href=&#8221; https://businessbeam.com/blog/it-service-management/difference-between-it-governance-and-it-service-management&#8221;>IT governance</a> is an important aspect of corporate governance. It uses, manages, and optimises IT to ensure organisations achieve goals and objectives. It further provides a structure for aligning IT with business strategy. That way, enterprises can achieve measurable results.<br />
With effective IT governance, enterprises can address major pain points including:</p>
<ul>
<li> Lack of alignment of performance goals and objectives </li>
<li> Lack of performance management KPIs and metrics, and/or lack of formal reviews against them </li>
<li> Irregular assessment of risks </li>
<li> Irregular review of IT strategies, policies, and procedures </li>
<li> Lack of documented policies and procedures </li>
<li> Not effectively following documented policies and procedures </li>
<li> High number of non-compliances during internal or external audits </li>
<li> Delays while responding or closing non-compliances </li>
<li> Focus on tools while neglecting the processes and people dimensions </li>
<li> Lack of defined roles and responsibilities </li>
<li> Resistance to change across the organisation </li>
<li> Lack of awareness on the benefits delivered through standards and frameworks </li>
</ul>
<h2>Why Outsource Tech Governance</h2>
<p>It may seem easier to have an expert or a team working for you full-time. However, organisations benefit more from outsourcing IT governance.<br />
Below are some of the advantages businesses can expect:</p>
<h3>Staffing Flexibility</h3>
<p>In the current volatile global economy, companies should be able to expand or downsize quickly. However, this may go against many labour laws and companies may face the risk of being sued.<br />
Outsourcing allows organizations to adapt quickly to their current needs. Whether they need one or a team of tech governance professionals, they can easily do this without the above risks.</p>
<h3>Added Efficiency </h3>
<p>Organisations will benefit from skipping several steps towards building a Tech governance team. This will help save weeks or even months they would otherwise invest in recruitment drives, onboarding, and training.<br />
Moreover, with IT governance handled by an external team, your internal workforce can focus on core business processes. That way, they can finish their projects faster and increase workflow to achieve the organization’s goals. </p>
<h3>Pool of Skilled Professionals </h3>
<p>One of the significant advantages of outsourcing Tech governance is access to multi-skilled professionals. Finding an employee with a specific set of skills can be difficult; and more so with experience backing it.<br />
However, by contracting a service provider, you get to select from a team of experts and choose the right people for the task(s) at hand. As they are well versed and up to date with the latest in their field, they can offer innovative approaches to help achieve your business’ goals.  </p>
<h3>More Cost Savings </h3>
<p>Outsourcing tech governance functions will help organisations save in different ways. For instance, businesses do not need to pay for regulatory costs such as healthcare benefits. Further, by outsourcing overseas, you can receive the same high-quality expertise at lower cost.<br />
Outsourcing also saves hiring, outboarding, and training costs. All three are the responsibility of the service provider, so you do not have to worry about them.</p>
<h2>Thinking About Outsourcing Tech Governance?</h2>
<p>Business Beam has recently introduced Tech Governance Outsourcing. Through this service, qualified and experienced subject matter experts will help you set direction, make informed decisions, and plan for the future.<br />
Backing their skills are years of IT governance consulting experience which spans different industry verticals across the US, UAE, KSA, Oman, and Pakistan. In over a decade, we have established ourselves as leading consultants who remain conscious of requirements and aim to deliver beyond expectations.<br />
For more details on the service, please <a href=" https://businessbeam.com/contact-us/">contact us</a> with your requirements and we will guide you accordingly.
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<p>The post <a href="https://businessbeam.com/it-governance-outsourcing/">IT Governance Outsourcing: The Best Strategy for a Great 2021</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<title>Lessons Learned from the OVH Datacenter Fire</title>
		<link>https://businessbeam.com/lessons-learned-from-the-ovh-datacenter-fire/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=lessons-learned-from-the-ovh-datacenter-fire</link>
		
		<dc:creator><![CDATA[Syed Nabeel Iqbal]]></dc:creator>
		<pubDate>Wed, 24 Mar 2021 08:52:36 +0000</pubDate>
				<category><![CDATA[Business & ICT Continuity]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=10086</guid>

					<description><![CDATA[<p>March 10, 2021 began with a tragedy for OVHcloud and 3.6 million websites located on its Strasbourg servers. A fire destroyed one of OVH’s datacenters and caused two others to go offline. While the fire department was quick to respond, the impact of this incident has been huge. Websites became inaccessible; and with the data [&#8230;]</p>
<p>The post <a href="https://businessbeam.com/lessons-learned-from-the-ovh-datacenter-fire/">Lessons Learned from the OVH Datacenter Fire</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>March 10, 2021 began with a tragedy for OVHcloud and <a href="https://www.businessinsurance.com/article/20210312/STORY/912340409/Cloud-center-fire-knocks-out-36-million-websites" rel="noopener" target="_blank">3.6 million websites</a> located on its Strasbourg servers. A fire destroyed one of OVH’s datacenters and caused two others to go offline. While the fire department was quick to respond, the impact of this incident has been huge.</p>
<p>Websites became inaccessible; and with the data center site being off limits, it will be a while before the offline centers can restart. In fact, many OVHcloud customers aren’t expected to be back online until <a href="https://www.searchenginejournal.com/ovh-fire-outage-may-last-until-march-22" rel="noopener" target="_blank">March 22, 2021</a>.</p>
<p>While this two-week outage is bound to lead to major losses, some companies will not be appeased with refunds and compensation. Such is the case of the video game maker Rust, which lost all of its data in the fire.</p>
<p>So, what are the takeaways from this incident? Two definitely come to mind, and those are listed below.</p>
<p><strong>Always Have a Disaster Recovery Plan</strong><br />
The first thing OVHcloud’s founder Octave Klaba tweeted was, &#8220;We recommend to activate your Disaster Recovery Plan.&#8221;</p>
<p>The most seriously affected users were those who ran dedicated bare metal servers at the data center. These users do not get access to OVHcloud’s virtual servers. As a result, their data was lost completely.</p>
<p>While data centers are reliable, it is important to keep in mind that 100% reliability is an ideal scenario. As accidents happen, it is imperative that enterprises have some <a href="http://backup and disaster plans" rel="noopener" target="_blank">backup and disaster plans ready</a>. That way, they can anticipate risks and take appropriate action accordingly.</p>
<p>Your organization needs to ensure that it can withstand a catastrophe such as a fire. Therefore, you need to go beyond simple automated backups.</p>
<p>Your business continuity and disaster recovery plan should entail comprehensive policies and complete protocols or else it will not be effective. This may require meaningful resources, time and capital. However, the payoff is knowing that your data is safe and you can go back online in no time.</p>
<p><strong>Customers Should Thoroughly Understand their Responsibilities</strong><br />
Many OVH customers who had virtual private servers or dedicated servers without backup. seemed to be under the assumption that their data was saved elsewhere. However, it seems they misunderstood.</p>
<p>Managing virtual private servers as well as dedicated servers is the customer’s own duty, not OVH. Therefore, the companies that bore losses did not know what they were up against.</p>
<p>Even if they did, they probably only considered drive crashes or memory failures and made backups on other servers but in the same building.</p>
<p>Therefore, to avoid any risks, customers should seriously consider what their responsibilities are and plan accordingly.</p>
<p>The current confusion resulting from the OVH fire may also be an indicator that customers did not fully understand the service. It is important that you understand all the details of a service and get its details and assurances in service level agreements (SLAs).</p>
<p>Make sure to thoroughly inspect SLAs for items that address service guarantee and the compensation offered. The latter indicates the service provider’s level of commitment to protecting everything your enterprise holds dear.</p>
<p><strong>Let Us Help Secure Your Business Against Emergencies, Crises and Disasters</strong><br />
Organizations cannot afford extended interruptions in their operations and services. Especially considering the growing number of <a href="https://businessbeam.com/blog/manage-information-security-continuity-risks-while-working-remotely/" rel="noopener" target="_blank">continuity risks resulting from the pandemic</a>. Therefore, it is imperative that they plan and ensure the availability of critical functions despite dire situations.</p>
<p>Using ISO 22301, we can implement a custom Business Continuity Management System (BCMS) which integrates with your ISO management system, plans for business continuity events, and raises awareness of business continuity requirements.</p>
<p>If you wish to learn more about this and other ways Business Beam can safeguard your information assets, <a href="https://businessbeam.com/business-enquiry-form/" rel="noopener" target="_blank">contact us</a>. Our team of senior consultants will gladly guide you to ensure your resilience for years to come.</p>
<p>The post <a href="https://businessbeam.com/lessons-learned-from-the-ovh-datacenter-fire/">Lessons Learned from the OVH Datacenter Fire</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<title>How to Manage Information Security &#038; Continuity Risks while Working Remotely</title>
		<link>https://businessbeam.com/manage-information-security-continuity-risks-while-working-remotely/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=manage-information-security-continuity-risks-while-working-remotely</link>
		
		<dc:creator><![CDATA[Ikram Khan]]></dc:creator>
		<pubDate>Tue, 16 Jun 2020 12:06:35 +0000</pubDate>
				<category><![CDATA[Agile & DevOps]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business & ICT Continuity]]></category>
		<category><![CDATA[Business Analysis]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=9744</guid>

					<description><![CDATA[<p>With a significant number of employees worldwide forced to work from home, organizations are beginning to face the threats associated with remote work without proper oversight or preparation. Here’s a quick overview of some of these risks. </p>
<p>The post <a href="https://businessbeam.com/manage-information-security-continuity-risks-while-working-remotely/">How to Manage Information Security &#038; Continuity Risks while Working Remotely</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><img decoding="async" class="wp-image-9746 alignright" src="https://businessbeam.com/wp-content/uploads/2020/06/How-to-manage-risk-while-working-remotely-300x174.jpg" alt="" width="500" height="291" srcset="https://businessbeam.com/wp-content/uploads/2020/06/How-to-manage-risk-while-working-remotely-300x174.jpg 300w, https://businessbeam.com/wp-content/uploads/2020/06/How-to-manage-risk-while-working-remotely-768x446.jpg 768w, https://businessbeam.com/wp-content/uploads/2020/06/How-to-manage-risk-while-working-remotely-1024x595.jpg 1024w, https://businessbeam.com/wp-content/uploads/2020/06/How-to-manage-risk-while-working-remotely-1110x645.jpg 1110w, https://businessbeam.com/wp-content/uploads/2020/06/How-to-manage-risk-while-working-remotely.jpg 1200w" sizes="(max-width: 500px) 100vw, 500px" />Before the COVID-19 pandemic, organizations’ main business continuity risk was the “non-availability of working facilities or offices”. </span></p>
<p><span style="font-weight: 400;">In fact, upon being asked “Due to any reason (e.g. fire, flood, earthquake, civil unrest, etc.), if you and your teams are unable to come to your office, how in your opinion the IT would continue the support for company’s operations?”, managers of IT departments replied with “IT teams would work from home”. </span></p>
<p><span style="font-weight: 400;">Now, however, working from home has become the norm, and may continue to be so in the upcoming months. According to a </span><span style="font-weight: 400;">survey conducted in March 2020 by Gartner</span><span style="font-weight: 400;">, <a href="https://www.gartner.com/en/newsroom/press-releases/2020-04-03-gartner-cfo-surey-reveals-74-percent-of-organizations-to-shift-some-employees-to-remote-work-permanently2">74% of CFO believe</a> some of their employees who were forced to work from home may decide to continue working remotely even when the pandemic comes to an end.</span></p>
<p><span style="font-weight: 400;">Some respondents believe companies themselves will request employees to continue at home to manage costs until they recover financially from the aftermath of the pandemic. On-premises technology spends and real estate expenses are the top two costs organizations have deferred or plan to do so in the near future. </span></p>
<h2><span style="font-weight: 400;">The Risks Companies Face While Employees Work from Home</span></h2>
<p><span style="font-weight: 400;">With a significant number of employees worldwide forced to work from home, organizations are beginning to face the threats associated with remote work without proper oversight or preparation. Here’s a quick overview of some of these risks. </span></p>
<h3><span style="font-weight: 400;">1. Business Continuity Risks </span></h3>
<p><span style="font-weight: 400;">By definition, continuity risks are high impact and low probability risks. <img loading="lazy" decoding="async" class="size-medium wp-image-9749 alignright" src="https://businessbeam.com/wp-content/uploads/2020/06/Asset-3-1-300x245.png" alt="Risk assessment matrix" width="300" height="245" srcset="https://businessbeam.com/wp-content/uploads/2020/06/Asset-3-1-300x245.png 300w, https://businessbeam.com/wp-content/uploads/2020/06/Asset-3-1-768x627.png 768w, https://businessbeam.com/wp-content/uploads/2020/06/Asset-3-1-1024x836.png 1024w, https://businessbeam.com/wp-content/uploads/2020/06/Asset-3-1-512x418.png 512w, https://businessbeam.com/wp-content/uploads/2020/06/Asset-3-1.png 1025w" sizes="auto, (max-width: 300px) 100vw, 300px" /></span></p>
<p><span style="font-weight: 400;">In this diagram, the impact of risks is shown on the X-axis (low to high) whereas the probability of risks is on Y-axis </span><span style="font-weight: 400;">(low to high). Upon dividing the diagram into four quadrants, continuity related risks belong to 4</span><span style="font-weight: 400;">th</span><span style="font-weight: 400;"> quadrant (Q4), where the impact is high and probability is low. </span></p>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">Traditionally while developing Continuity Plans, consultants including our own ensure that the organization has developed the required level of resilience by offering all the processes, tools, accesses, facilities, training to staff members, etc. for such a situation.</span></p>
<p><span style="font-weight: 400;">As work from home has become the norm for several IT teams the ‘non-availability of office facilities’ will not remain as </span><b>Continuity Risk</b><span style="font-weight: 400;">. Instead, it will be considered an </span><b>operational risk</b><span style="font-weight: 400;">. Keeping the above diagram in mind, ‘work from home’ will have a higher probability and therefore move to Q1. </span></p>
<p><b>Meanwhile, risks mentioned in Q1 and Q2 will come under the operational (business as usual) risks category.</b></p>
<p><span style="font-weight: 400;">In this case, the IT Continuity Risk Assessment will have a very different set of risks in the risk register post-COVID-19 lockdowns. Assuming that few teams always work from home, possible risks include:</span></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Nonavailability of internet facilities</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Interruption in a cellular network</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Overcrowding of collaboration tools like Zoom, WebEx, and Microsoft Teams</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Non-availability of the critical team member(s) </span></li>
</ul>
<h3><span style="font-weight: 400;">Access, Authorization, and Authentication Threats</span></h3>
<p><span style="font-weight: 400;">Organizations that have not established or maintained a robust remote structure are struggling the most during the pandemic. Remote connectivity has left them vulnerable to access, authorization, and authentication risks. </span></p>
<p><span style="font-weight: 400;">Companies may not have comprehensive policies for access control &#8211; i.e. methods to guarantee users are who they say they are before providing them appropriate access to data. Similarly, they may not be able to carry out authentication (verify someone is who they claim to be) or authorization (determine if a user should be allowed access to data or make a transaction). </span></p>
<p><span style="font-weight: 400;">Without these measures being part of a company’s remote work policy, sensitive data will be exposed. This is especially true if employees access this data through a public-facing web server that operates with a software vulnerability. </span></p>
<p><span style="font-weight: 400;">Access mining is another issue companies may face. The collection and selling of access descriptors such as IP addresses and usernames and passwords is currently a thriving business that benefits cybercriminals. With their credentials leaked, organizations may end up facing catastrophic results. </span></p>
<h3><span style="font-weight: 400;">2. Unsanctioned Remote Access to IT Infrastructure </span></h3>
<p><span style="font-weight: 400;">Employees working remotes are working on a network that is not directly controlled by their organizations. Without a Virtual Private Network (VPN), businesses cannot maintain network security and end up facing an increased risk of data breaches and leaks of sensitive information. </span></p>
<p><span style="font-weight: 400;">As most businesses did not get the time to prepare for the mass move from offices to home spaces, companies are under pressure to monitor network security risks and block access to internal infrastructure upon detecting any suspicious access attempts. This, in turn, can affect employee productivity as most attempts would be their own. </span></p>
<h3><span style="font-weight: 400;">3. Use of Bring Your Own Devices</span></h3>
<p><span style="font-weight: 400;">With employees using their own mobile devices to share data or access information, they put companies at the risk of data theft. This is especially true when they neglect to change mobile passwords or do not have a BYOD policy at their workplace. </span></p>
<p><span style="font-weight: 400;">Companies face risk exposure from employees’ devices on the corporate network if they have malware or other Trojan software. With no mobile device management policy in place, companies have no authority to wipe these devices if they are lost, stolen, or used in violation of company policies. </span></p>
<h2><span style="font-weight: 400;">Top Measures for Improving Security and Reducing Risks </span></h2>
<p><span style="font-weight: 400;">While the aforementioned barely scratch the surface, their impacts can cripple a business indefinitely. Therefore, enterprises need to take several steps including those listed below. </span></p>
<h3><span style="font-weight: 400;">1. Invest in VPNs</span></h3>
<p><span style="font-weight: 400;">The Novel Coronavirus has made VPNs transform from being a luxury into a necessity for all working social classes. Using a virtual private network enables the creation of an encrypted virtual tunnel for traffic between employees’ home and work networks. As a result, the risk of attackers intercepting this data is reduced. Moreover, they make online behavior safer. </span></p>
<p><span style="font-weight: 400;">While VPN is ideal for transporting data securely, keep in mind that it provides limited anonymity. Furthermore, employees are not fully protected against targeted advertising. Therefore, you need to consult with an expert before implementing VPNs in a secure way. </span></p>
<h3><span style="font-weight: 400;">2. Focus on Reducing Human Error</span></h3>
<p><span style="font-weight: 400;">While employees are vital for your success, they may also be the cause of your downfall. The following are common human errors that can compromise the security and continuity of your business. </span></p>
<ul>
<li style="font-weight: 400;"><b>Misdelivery – </b><span style="font-weight: 400;">The fifth most common cause of cybersecurity breaches, misdelivery entails sending confidential information to the wrong people. A classic example of this is when an NHS practice employee ended up sending an email notification to HIV patients but accidentally entered email addresses in the ‘to’ field rather than the ‘bcc’ field. </span></li>
<li style="font-weight: 400;"><b>Password Issues – </b><span style="font-weight: 400;">Most users tend to make password mistakes such as reusing the same password of their main email account, writing down passwords, or sharing them around. The majority also use simple passwords. In fact, 123456 is the most popular password worldwide. </span></li>
<li style="font-weight: 400;"><b>Delay in Patch Installation –</b><span style="font-weight: 400;"> Users can delay installing security updates on their computers. As a result, this provides cybercriminals the opportunity to attack. </span></li>
</ul>
<p><span style="font-weight: 400;">Organizations need to take important measures such as enforcing privilege control, password control, and two-factor authentication across the business. They also need to create a security-focused culture where security is an integral part of every decision and action. Training will further help with this aspect as long as it is engaging and relevant. </span></p>
<h3><span style="font-weight: 400;">3. Develop Strict Access Control Protocols </span></h3>
<p><span style="font-weight: 400;">Access controls are integral as they add a layer of security around the network. Therefore, you need to implement these and ensure they do not log or else holes will appear in your perimeter. </span></p>
<p><span style="font-weight: 400;">The use of role-based access control (RBAC) has been known to help enterprises. Monitoring and strategically restricting access controls can also help reduce the risk of human error to your cybersecurity. </span></p>
<h2><span style="font-weight: 400;">Let Us Help You Get the Most from Working from Home </span></h2>
<p><span style="font-weight: 400;">There is so much more that organizations need to do to address any security gaps which can compromise their business. Business Beam’s team of consultants can help you in this regard by:</span></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Delivering real value instead of documenting for the sake of document</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Offering solid experience developed after conducting over 100 risk assessment exercises, mostly as part of implementing any other framework</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Providing the expertise of senior-level, certified and experienced consultants to help you achieve your security goals</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Utilizing ISO 31000 as the base framework for<a href="https://businessbeam.com/consulting/information-cyber-security-gap-assessment-planning/"> IT risk assessment</a>; in addition to having certified consultants, Business Beam is authorized by PECB to conduct official <a href="https://businessbeam.com/risk-audit-iso-31000-crisc-cisa/">ISO 31000 training courses</a> with the certification examination</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Offering <a href="https://businessbeam.com/blog/cobit-2019/">COBIT 2019 authorized assessments</a> and training courses with certification examinations</span></li>
</ul>
<p><em><strong>So do not hesitate to <a href="https://businessbeam.com/business-enquiry-form/">contact us</a> with your security needs to be fully prepared for the upcoming change in work cultures. </strong></em></p>
<p>The post <a href="https://businessbeam.com/manage-information-security-continuity-risks-while-working-remotely/">How to Manage Information Security &#038; Continuity Risks while Working Remotely</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<title>Top 10 Professional IT Certification Courses in 2020  </title>
		<link>https://businessbeam.com/top-10-professional-it-certification-courses-2020/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=top-10-professional-it-certification-courses-2020</link>
		
		<dc:creator><![CDATA[Ikram Khan]]></dc:creator>
		<pubDate>Thu, 27 Feb 2020 13:26:45 +0000</pubDate>
				<category><![CDATA[Agile & DevOps]]></category>
		<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business & ICT Continuity]]></category>
		<category><![CDATA[IT Service Management]]></category>
		<category><![CDATA[PMO Setup]]></category>
		<category><![CDATA[Portfolio Management]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=9471</guid>

					<description><![CDATA[<p>The past year proved the relevance of certifications in the skills-based economy. In addition to advancing professionals’ careers in their respective fields, certifications validate their skills and knowledge.</p>
<p>The post <a href="https://businessbeam.com/top-10-professional-it-certification-courses-2020/">Top 10 Professional IT Certification Courses in 2020  </a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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			<p><img loading="lazy" decoding="async" class="wp-image-9472 size-full alignleft" src="https://businessbeam.com/wp-content/uploads/2020/02/Blog-image.png" alt="" width="560" height="315" srcset="https://businessbeam.com/wp-content/uploads/2020/02/Blog-image.png 560w, https://businessbeam.com/wp-content/uploads/2020/02/Blog-image-300x169.png 300w, https://businessbeam.com/wp-content/uploads/2020/02/Blog-image-280x157.png 280w" sizes="auto, (max-width: 560px) 100vw, 560px" />The past year proved the relevance of certifications in the skills-based economy. In addition to advancing professionals’ careers in their respective fields, certifications validate their skills and knowledge.</p>
<p>The year 2020 is no different. In fact, here are the major reasons for you to pursue a certification this year:</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<ol>
<li><strong>New Skills:</strong> Certification helps you combine soft skills with technical learnings, which is an added advantage. Certified IT professionals have proven to possess better communication and project management skills.</li>
<li><strong>Higher Revenue</strong>:<strong> </strong>A <a href="https://www2.deloitte.com/content/dam/Deloitte/mx/Documents/about-deloitte/Talent2020_Employee-Perspective.pdf">Deloitte study</a> showed a 218% higher revenue per employee is possible through a comprehensive training program.</li>
<li><strong>Networking Opportunities</strong>: As a certified IT professional, you are a member of a group of experts who support you to build a career with professional expertise.</li>
</ol>
<p>And now, without further ado, here are the top professional training courses you shouldn’t miss out on this year.</p>
<h2>1) Project Management Professional (PMP)</h2>
<p>Project Management Professional (PMP) certification is an accredited certificate awarded by <a href="https://www.pmi.org/">PMI</a> to Project Managers. With this certification in hand, project managers can prove their ability to improve leadership and build the appropriate organizational skills.</p>
<p>Moreover, PMP certified employees develop a more sophisticated approach to adopt the latest project methodologies. All this combined with other knowledge imparted during PMP certification training prepares professionals for leadership and managerial roles.</p>
<h3>Benefits of the Project Management Professional Certification</h3>
<p>To showcase the value of PMP certification, here are the core benefits of having one:</p>
<ul>
<li><strong>Establishing a PMP Language: </strong>While training, you will get to develop the global standard language skills of project management.</li>
</ul>
<ul>
<li><strong>Getting a Higher Salary</strong>: According to Glassdoor, the average salary of a Project Management Officer (PMO) is $76k per annum.</li>
<li><strong>Achieving Global Recognition</strong>: PMP certification offers industry recognition to professionals globally.</li>
</ul>
<h3>How to Become a Certified Project Management Professional</h3>
<p>To become a certified PMP, you need to pass the certification examination. First, however, you need to be eligible for the exam by meeting the following requirements based on academic qualifications.</p>
<p>That said, the PMP exam comprises 200 multiple choice questions which you need to answer in four hours. The focus of the PMP exam is divided in the following:</p>
<ul>
<li>Initiating the project (13%)</li>
<li>Planning the project (24%)</li>
<li>Executing the project (31%)</li>
<li>Monitoring and controlling the project (25%)</li>
</ul>
<ul>
<li>Closing the project (7%)</li>
</ul>
<p>To ace the <a href="https://businessbeam.com/courses/pmp-boot-camp/">PMP certification</a> exam, you may require training based on the Project Management Body of Knowledge (PMBOK®) Guide version 6. This is especially true as participants are required to take a practice exam as part of the PMP certification.</p>
<h2>2) Prince2 Practitioner</h2>
<p>Offered by AXELOS, PRINCE2® (PRojects IN Controlled Environments) is one of the widely adopted project management methods. The PRINCE2 Practitioner certification is especially beneficial for professionals involved in managing projects, including members in the team of design, development and project delivery.</p>
<p>The PRINCE2® Practitioner qualification testifies to your knowledge of applying PRINCE2® to projects. It also qualifies you to applying and tuning the method to address the specific needs and problems your organisation faces.</p>
<h3>Benefits of Prince2 Practitioner Certification</h3>
<p>Becoming a certified PRINCE2® Practitioner offers numerous benefits, including:</p>
<ul>
<li><strong>Emphasis on Practical Aspects:</strong> Prince2® teaches practitioners how to tailor project principles, processes, stages, and roles and responsibilities according to their organisation’s needs.</li>
<li><strong>Adaptability to Change:</strong> This certification enables practitioners to recognise their plans, projections, and approach are susceptible to change. That’s why stages or phases are set to determine if the organisation is on track to achieve required outcomes.</li>
<li><strong>Additional Confidence: </strong>By building on PRINCE2 Foundation, Prince 2 Practitioner empowers practitioners to choose methods which fit their unique projects rather than be confined to a single formula.</li>
</ul>
<h3>How to Become a PRINCE2 Practitioner</h3>
<p>If you want to become a certified PRINCE2® Practitioner, you need to pass the certification examination. For the latter, you must provide proof of having passed one of the following:</p>
<ul>
<li>PRINCE2 Foundation (or higher) &#8211; this only applies to certificates obtained after 1 January 2009</li>
<li>Project Management Qualification (PMQ)*</li>
<li>Certified Associate in Project Management (CAPM)*</li>
</ul>
<ul>
<li>IPMA Level A® (Certified Projects Director)</li>
<li>IPMA Level B® (Certified Senior Project Manager)</li>
<li>IPMA Level C® (Certified Project Manager)</li>
<li>IPMA Level D® (Certified Project Management Associate)</li>
</ul>
<p>The duration of the certification exam is 2.5 hours. There are 68 objective questions you should attempt. To be certified, you need to correctly answer 55% of questions, i.e. 38 questions. Participants can use the PRINCE2 guide during the exam.</p>
<p>To be prepared, consider taking a <a href="https://businessbeam.com/courses/prince2-practitioner/">PRINCE2® Practitioner course</a> to become more proficient in applying the principles of PRINCE2®and secure the certification from your first attempt.</p>
<h2>3) Certified Information Security Manager (CISM)</h2>
<p>Becoming a CISM makes you a valuable addition since you will promote the knowledge of Information Security Program and International Security practices at your employer’s enterprise. Besides, while the demand of IT security professionals is on the rise, there are only around 23,000 CISM professionals worldwide.</p>
<p>As a CISM Professional, you will gain the knowledge and skill on Information Security governance, program development, risk management, and incident management.</p>
<h3>Benefits of Certified Information Security Manager (CISM)</h3>
<p>The globally accepted and recognised CISM certification has the following core benefits:</p>
<ul>
<li><strong>Customised Practices:</strong> Professionals can customise the practices they learn during preparing for the certification according to their companies’ needs.</li>
<li><strong>Global Recognition</strong>: Professionals can work anywhere across the globe as CISM is recognised by multinational clients and organisations.</li>
<li><strong>Improved Customer Retention: </strong>You get to demonstrate to enterprise customers their commitment to compliance, security, and integrity. In turn, you contribute to attracting and retaining customers.</li>
</ul>
<h3>How to Become a Certified Information Security Manager</h3>
<p>CISM is a difficult certification to achieve. That said, it is not impossible if you are determined and have had proper training. The following professionals are eligible to appear for the <a href="https://businessbeam.com/courses/cism-boot-camp">CISM exam</a></p>
<ul>
<li>IS/IT Auditor</li>
<li>Security Professionals</li>
<li>Non-IT Auditors</li>
</ul>
<ul>
<li>IS/IT Consultants</li>
<li>IS/IT Audit Managers</li>
</ul>
<p>The first step towards certification is passing the CISM exam. The latter focuses on the following areas:</p>
<ol>
<li>Information Security Governance (24%)</li>
</ol>
<ol>
<li>Information Risk Management (30%)</li>
</ol>
<ol>
<li>Information Security Program Development and Management (27%)</li>
</ol>
<ol>
<li>Information Security Incident Management (19%)</li>
</ol>
<p>The duration of the CISM exam is four hours, in which you need to attempt 150 multiple choice questions. The minimum scaled score to pass the exam is 450.</p>
<p>You need to also meet the work experience requirements, which is five years of information security work experience before applying for the certification. This experience should be gained within 10 years preceding your application for the certification, or after five years of passing the CISM exam.</p>
<h2>4) Information Technology Infrastructure Library (ITIL)</h2>
<p>Business growth highly depends on the adoption of IT services and solutions, which is why ITIL is valuable for aligning the business needs of an organisation with IT Service Management (ITSM).</p>
<p>In fact, many high-profile organisations including HSBC, IBM and even NASA employ ITIL professionals to help them standardise procedures with the perspective of IT management.</p>
<p>The first step towards becoming an ITIL certified professional is achieving the ITIL Foundation certification. This mainly covers continuous improvement, service strategies, and how to adapt IT service infrastructures.</p>
<h3>Benefits of ITIL Certification</h3>
<p>With the knowledge and skill gained from ITIL, professionals will enjoy numerous benefits such as:</p>
<ul>
<li><strong>Global Recognition: </strong>ITIL professionals are identified worldwide as future Service Management experts.</li>
<li><strong>Increased Salary:</strong> You can expect a 15% salary increment after achieving an ITIL certification.</li>
<li><strong>Professional Language:</strong> ITIL certification helps you learn the standard language and processes used globally.</li>
</ul>
<h3>How to Become a Certified ITIL Professional</h3>
<p>There are four certification levels within ITIL 4 for you to pick from:</p>
<ol>
<li>Foundation</li>
</ol>
<ol>
<li>ITIL 4 Managing Professional</li>
</ol>
<ol>
<li>ITIL 4 Strategic Leader</li>
</ol>
<ol>
<li>Master</li>
</ol>
<p>While not mandatory, it is preferred that candidates prepare for the certification exam with the help of an <a href="https://businessbeam.com/courses/itil-4-foundation/">accredited training course</a>.</p>
<p>You will need to start from the Foundation level and work your way up. The ITIL Foundation exam comprises 40 Multiple Choice Questions which you need to attempt within an hour. To pass, you need 26 marks out of 40 (65%). With the Foundation certificate, you can move on to the intermediate certifications.</p>
<h2>5) Certified Information Systems Security Professional (CISSP)</h2>
<p>Professionals interested in a lucrative career as experienced security professionals, managers and executive in organisations should consider the CISSP certification.</p>
<p>The CISSP certification validates your deep technical knowledge of managing the overall information security of an organisation. In addition to being proficient on the Eight Common Body of Knowledge domains, you’ll possess the appropriate skills to offer enterprise wide security information.</p>
<h3>Benefits of CISSP Certification</h3>
<p>CISSP gives security professionals an edge over their peers due to benefits such as:</p>
<ul>
<li><strong>Credibility for Security Experts: </strong>As a security professional, the CISSP certification adds to your credibility by enhancing your practical skills.</li>
<li><strong>Up-to-Date Knowledge of Cybersecurity: </strong>Once certified, you will be required to earn CPE credits. That way, you will stay updated with the cybersecurity trends.</li>
<li><strong>Higher Salary: </strong>According to <a href="https://www.indeed.com/certifications/view/cissp-OMXQKO6W?_ga=2.176490594.636336072.1579766023-356186434.1579766023">Indeed</a>, 72% certified CISSP professionals earned more annually. This is because the credential helped them get better jobs and grow their careers.</li>
</ul>
<h3>How to Become a CISSP Professional</h3>
<p>To be eligible for the certification exam, you should have five or more years of professional experience in at least two of the of CISSP common body of knowledge &#8211;</p>
<ul>
<li>Domain 1: Security and Risk Management</li>
<li>Domain 2: Asset Security</li>
<li>Domain 3: Security Architecture and Engineering</li>
<li>Domain 4: Communication and Network Security</li>
<li>Domain 5: Identity and Access Management (IAM)</li>
<li>Domain 6: Security Assessment and Testing</li>
<li>Domain 7: Security Operations</li>
<li>Domain 8: Software Development Security</li>
</ul>
<p>The examination of CISSP is challenging since it uses Adaptive Testing (CAT). This means the computer will determine which questions you get based on previous answers. Therefore, the more questions you answer correctly, the more difficult the test may become. That is why you should consider preparing properly with <a href="https://businessbeam.com/courses/cissp-boot-camp/">CISSP training</a>.</p>
<p>As for the exam’s particulars, it is three hours long and consists of 100-150 questions. The passing grade for the examination is 700 out of 1000 points.</p>
<h2>6) The Open Group Architecture Framework (TOGAF)</h2>
<p>The Open Group Architecture Framework (TOGAF) is an important framework for enterprises to plan and design their IT infrastructure according to their unique requirements. As a certified TOGAF expert, you will be entrusted with communicating with various departments, and designing and implementing an IT strategy.</p>
<h3>Benefits of TOGAF Certification</h3>
<p>The TOGAF certification offers multiple benefits to professionals choosing to pursue it. Here are a few of the benefits you can gain:</p>
<ul>
<li><strong>Enhance Managerial Skills: </strong>Training for the TOGAF certification will help you master the technical and managerial aspects of the enterprise architecture.</li>
<li><strong>Understanding of a Common Language: </strong>You will get the chance to connect with other TOGAF architects and build a professional network. It improves the communication skills among the enterprise architecture professionals as well.</li>
<li><strong>Better Opportunities: </strong>As a certified expert recognised from the industry board, professionals get the chance to grow career opportunities in different organisations. Enterprises seek to work with experts of business architecture methodology for the business’s success.</li>
</ul>
<h3>How to Become a Certified TOGAF Professional</h3>
<p>To obtain TOGAF certification, you need to pass two exams (aka levels). It is highly recommended that you enrol in an <a href="https://businessbeam.com/enterprise-architecture-togaf/">accredited training course</a> to prepare for the exams. Traditionally, the course will cover the following:</p>
<ul>
<li>Phase A: Architecture Vision</li>
<li>Phase B: Business Architecture – Catalogs, Diagrams and Matrices</li>
<li>Phase C: Information Systems Architectures</li>
<li>Phase C: Data Architecture – Catalogs, Matrices and Diagrams</li>
<li>Phase C: Applications Architecture – Catalogs, Matrices and Diagrams</li>
<li>Phase D: Technology Architecture – Catalogs, Matrices and Diagrams</li>
<li>Phase E: Opportunities and Solutions</li>
<li>Phase F: Migration Planning</li>
<li>Phase G: Implementation Governance</li>
<li>Phase H: Architecture Change Management</li>
</ul>
<p>As for the levels/exams, those are:</p>
<ul>
<li>Level 1, which comprises 40 MCQs out which 22 points are required to pass the exam. Passing this level will award you the entry level qualification, TOGAF Foundation.</li>
<li>Level 2, which is based on 8 complex scenario questions, out of which 60% is required to pass the exam. Passing this level will make you TOGAF 9 Certified.</li>
</ul>
<p>While you can take these exams separately, you can combine them to directly become TOGAF 9 Certified.</p>
<h2>7) Certified Business Analysis Professional (CBAP)</h2>
<p>Certified Business Analysis Professional (CBAP) is one of the important certifications for business analysts. It testifies to your expertise in various business domains as well as your ability to take on complex projects, collaborate with stakeholders on business requirements, and identify opportunities which allow the business to thrive.</p>
<h3>Benefits of CBAP® Certification</h3>
<p>Offered by the International Institute of Business Analysis (IIBA), CBAP equips professionals with business analysis skills based on the Business Analysis Body of Knowledge® (BABOK®). This certification also provides benefits such as:</p>
<ul>
<li><strong>Build Confidence in Business Analysis Role: </strong>Certification requires that you require complete 7,500 hours of work experience based on the BABOK guide. This experience builds professionals’ confidence in their business analysis skills.</li>
<li><strong>Improve Problem Solving Skills:</strong> The knowledge and skills you gain while preparing for the certification exam prepare you for solving problems using carious approaches. By thinking out of the box, you will be able to add value to your enterprise.</li>
<li><strong>Higher Earning Potential: </strong>CBAPs earn 16% more than non-certified peers. This is mainly because they have access to better projects which add value to their profiles. Moreover, their contributions have a positive impact on the company’s bottom line.</li>
</ul>
<h3>How to Become a CBAP Professional</h3>
<p>Before applying for the CBAP, you need to possess five years (7,500 hours) of business analysis experience and 900 hours of experience in four of the six knowledge areas define in the BABOK Guide.</p>
<p>Next, you need to have 35 documented professional development hours (PDs). For that, you need to partake in business analysis training courses which qualify for credits.</p>
<p>With these in hand, you can submit your CBAP application through IIBA’s website. Once your application is approved, you can schedule an exam. The exam consists of 150 multiple choice questions which you need to attempt in 3.5 hours. While there is no specific passing score, you should aim to score 75% overall.</p>
<p>To prepare for the certification exam, you need 150-200 hours of study and training. In addition to reviewing reading materials, consider a <a href="https://businessbeam.com/courses/cbap-boot-camp/">CBAP certification training course</a>. The latter cover important topics you will be examined on, including:</p>
<ul>
<li>Business Analysis Key Concepts</li>
<li>Business Analysis Planning and Monitoring</li>
<li>Elicitation and Collaboration</li>
<li>Requirements Life Cycle Management</li>
<li>Strategy Analysis</li>
<li>Requirements Analysis and Design Definition</li>
<li>Solution Evaluation</li>
<li>Underlying Competencies</li>
<li>A Survey of Business Analysis Techniques</li>
<li>Perspectives</li>
<li>Test-Taking Strategies</li>
</ul>
<h2>8) ISO/IEC 27001 Certification</h2>
<p>ISO 27001 is probably the best-known standard for Information Security Management Systems (ISMS). Professionals seek ISO/IEC 27001 certification to become valuable assets to their organisations. This is because they support the information security process of the enterprise and proactively manage risks.</p>
<h3>Benefits of ISO27001 Certification</h3>
<p>While optional, certification to ISO/IEC 27001 offers enterprises (and their employees) many benefits which they will not get by using the framework for best practice alone:</p>
<ul>
<li><strong>Competitive Edge for the Business</strong>: Companies employ certified ISO 27001 professionals to demonstrate good security practices, which in turn impacts relationships with prospective and existing clients.</li>
<li><strong>Better Compliance</strong>: The standard itself is designed to help enterprises select controls which protect information and adhere to regulator requirements. In turn, certified professionals can avoid the multi-million penalties associated with data breaches.</li>
</ul>
<ul>
<li><strong>Protect the Business: </strong>ISO/IEC 27001 help protect their companies from threats and reduce the need for repeated customer audits. They also enable businesses to grow rapidly by making them more productive.</li>
</ul>
<h3>How to become a Certified ISO27001 Professional</h3>
<p>To start your journey as a certified ISO/IEC 27001 professional, you need to start from the Foundation qualification. This is especially important if you wish to prepare for the ISO/IEC 27001 Practitioner – Information Security Officer qualification.</p>
<p>The ISO/IEC 27001 Foundation certification exam comprises of 50 multiple choice questions which you should attempt within an hour. You need to achieve 50% (25 marks or more) to pass the exam. For that, consider preparing with an <a href="https://businessbeam.com/courses/iso-27001-foundation/">accredited trainer</a>.</p>
<p>Once you have achieved the Foundation certification, you can proceed towards the <a href="https://businessbeam.com/courses/iso-27001-lead-implementer/">ISO/IEC 27001 Lead Implementer</a> certification and <a href="https://businessbeam.com/courses/iso-27001-lead-auditor/">ISO/IEC 27001 Lead Auditor</a> certification.</p>
<h2>9) COBIT® 2019 Foundation</h2>
<p><a href="https://businessbeam.com/blog/cobit-5-vs-cobit-2019/">COBIT 2019</a> is ISACA’s globally accepted framework for providing an end-to-end business view of the governance of enterprise IT. The latest version of the framework, it delivers the strengths of COBIT 5 while introducing new concepts and updates to ensure the relevancy of COBIT.</p>
<h3>Benefits of COBIT® 2019 Certification</h3>
<p>The success of today’s businesses relies on how well they implement advanced Information and technology related tasks. That is why they seek talented certified COBIT professionals and pay them well. Remuneration aside, the following are some benefits of this certificate:</p>
<ul>
<li><strong>Improve Strategic Alignment: </strong>Professionals are more capable of aligning the enterprise’s IT goals with larger strategies. This is especially vital for large organisations as they are highly dependent on IT.</li>
<li><strong>Better Audits:</strong> As information security is an important aspect in COBIT 2019, certified professionals develop foresight which protects enterprises from compliance issues. This, in turn, protects businesses from fines and reputation damage.</li>
<li><strong>Networking Opportunities: </strong>In addition to your employer, you yourself will enjoy numerous benefits. The biggest perk is creating networking opportunities between other certified professionals and practicing organisations.</li>
</ul>
<h3>How to Become a COBIT® 2019 Certified Professional</h3>
<p>COBIT 2019 Foundation is your first step towards certification. You can prepare for the certification exam by enrolling in <a href="https://businessbeam.com/courses/cobit-2019-foundation/">accredited training</a>, which traditionally provides an overview of COBIT® 2019 and goes over key concepts, designing and implementing a governance system, and performance measurement.</p>
<p>To achieve the COBIT 2019 Foundation qualification, you need to pass the certification exam. This two-hour closed book exam comprises 75 multiple choice questions. You need to score 65% or higher to pass and achieve the certification.</p>
<h2>10) Certified in the Governance of Enterprise IT (CGEIT)</h2>
<p>The Certified in the Governance of Enterprise IT (CGEIT) qualification is considered the elite IT governance qualification. Developed by ISACA, the certificate testifies to your knowledge and ability to apply IT governance principles and practices.</p>
<p>However, the certification is designed for seasoned IT governance professionals who have significant management, advisory, or assurance roles in their enterprises. Professionals with experience in strategic alignment, value delivery, and risk management may also benefit from the certification.</p>
<h3>Benefits of CGEIT Certification</h3>
<p>Professionals enjoy many advantages by pursuing CGEIT certification, including:</p>
<ul>
<li><strong>Better Job Opportunities: </strong>Organisations tend to hire certified professionals and pay them higher as the certification vouches for their expertise, knowledge, and credibility.</li>
<li><strong>Higher Wages than Peers:</strong> The CGEIT certification is considered one of the most remunerative certifications in IT.</li>
<li><strong>Up to Date Knowledge:</strong> All CGEITs are required to maintain their certification with continuing professional education (CPE). As a result, their skills and knowledge remain relevant and up to date.</li>
</ul>
<h3>How to Become a CGEIT</h3>
<p>The first step towards CGEIT is passing the certification exam. The four-hour exam comprises 150 multiple choice questions. To pass the CGEIT exam, you need to score 450 or higher. Therefore, consider enrolling in a <a href="https://businessbeam.com/courses/cgeit-boot-camp/">CGEIT bootcamp</a> before you attempt the exam.</p>
<p>Once you pass, you will need to demonstrate the required minimum work experience to be certified. According to ISACA, candidates need to have at least five years managing or service in an advisory role or supporting IT governance. Of these five, one year should be dedicated to defining, establishing, and managing an IT governance framework.</p>
<h2>So are You Ready to Get a New Certification?</h2>
<p>Embrace a better you this 2020 with the help of the best certifications in your domain. Business Beam can help you further through its wide range of professional training courses. For more details, check out <a href="https://businessbeam.com/corporate-training/">our list of training courses offered</a>.</p>
<p>&nbsp;</p>

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<p>The post <a href="https://businessbeam.com/top-10-professional-it-certification-courses-2020/">Top 10 Professional IT Certification Courses in 2020  </a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<item>
		<title>How to improve the effectiveness of Project Management Office (PMO) using P3O</title>
		<link>https://businessbeam.com/project-management-using-p3o/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=project-management-using-p3o</link>
		
		<dc:creator><![CDATA[Ikram Khan]]></dc:creator>
		<pubDate>Tue, 03 Dec 2019 06:48:33 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business & ICT Continuity]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=8350</guid>

					<description><![CDATA[<p>Enterprises of the 21st century have wholeheartedly embraced the concept of the Project Management Office (PMO). This is because PMO, i.e. the group or department which defines and maintains project management standards within an organisation, counter the inefficiencies which can derail projects.</p>
<p>Projects have the power to consume resources without proper management. According to the Harvard Business Review, projects can easily go 27%  over their intended cost. Unfortunately, projects with higher budgets have more chances to incur failure, costing organisations millions in losses.</p>
<p>Moreover, PricewaterhouseCoopers reports only 2.5% of companies successfully completed 100% of their projects. This study evaluated 10,640 projects from 200 companies in 30 countries from various industry verticals.</p>
<p>By hiring Project Management Office Professionals, businesses experience a rise in the succe</p>
<p>The post <a href="https://businessbeam.com/project-management-using-p3o/">How to improve the effectiveness of Project Management Office (PMO) using P3O</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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										<content:encoded><![CDATA[<p><img loading="lazy" decoding="async" class="alignleft wp-image-8391 size-full" src="https://businessbeam.com/wp-content/uploads/2019/11/PMO-using-P3O.png" alt="PMO using P3O" width="560" height="315" srcset="https://businessbeam.com/wp-content/uploads/2019/11/PMO-using-P3O.png 560w, https://businessbeam.com/wp-content/uploads/2019/11/PMO-using-P3O-300x169.png 300w, https://businessbeam.com/wp-content/uploads/2019/11/PMO-using-P3O-280x157.png 280w" sizes="auto, (max-width: 560px) 100vw, 560px" />Enterprises of the 21<sup>st</sup> century have wholeheartedly embraced the concept of the Project Management Office (PMO). This is because PMO, i.e. the group or department which defines and maintains project management standards within an organisation, counter the inefficiencies which can derail projects.</p>
<p>Projects have the power to consume resources without proper management. According to the Harvard Business Review, <a href="https://hbr.org/2011/09/why-your-it-project-may-be-riskier-than-you-think">projects</a> can easily go 27%  over their intended cost. Unfortunately, projects with higher budgets have more chances to incur failure, costing organisations millions in losses.</p>
<p>Moreover, PricewaterhouseCoopers reports only 2.5% of companies successfully completed 100% of their <a href="https://news.gallup.com/businessjournal/152429/cost-bad-project-management.aspx">projects</a>. This study evaluated 10,640 projects from 200 companies in 30 countries from various industry verticals.</p>
<p>By hiring Project Management Office Professionals, businesses experience a rise in the success ratio of every single project. However, organizations can further gain an edge by following an internationally accepted framework for Portfolio, Programme and Project Offices (P3O).</p>
<p>To better understand how P3O can improve the efficiency of your PMO, let’s first understand the part the latter plays in your organisation.</p>
<h2>What are the Roles of a Project Management Office?</h2>
<p>As the group entrusted to manage a set of projects in an organisation, the PMO takes charge of all the to-do tasks of a project – starting from standardisation to leveraging resources. To simplify things, the three core responsibilities of a traditional Project Management Office are:</p>
<ol>
<li>To establish project management methods</li>
<li>To keep track of projects</li>
<li>To provide the right support to project managers</li>
</ol>
<h3>1) To Establish Project Management Methods</h3>
<p>As a PMO, your major focus will be defining the methods and processes of projects. By incorporating standardised tools and techniques in projects, project managers become aligned and are on the same level.</p>
<p>The PMO provides support at the planning stage to help assess possible measures for the guaranteed implementation of the project. If your organisation uses personalised project management procedures, the PMO may come up with enhanced implementation methodologies. Otherwise, it will enforce the standards of the Project Management Office.</p>
<h3>2) To Keep Track of Projects</h3>
<p>After initiating a project and establishing its methodologies, it is important to track it. Tracking allows you to monitor the progress of your project and assess it to ensure the correct progress. This activity is, in fact, one of the most important job roles of the Project Management Office as it ensures timely delivery within the budget of the project.</p>
<p>So, what exactly should the PMO track in a project? The five most significant things to track in a project are:</p>
<ol>
<li><strong>Milestones</strong> – It is always easier to track larger projects by breaking them down into significant pieces. Set smaller goals and mark the progress of every team member against them.</li>
<li><strong>Budget</strong> &#8211; The PMO’s major responsibility is to ensure project completion within the assigned budget. Therefore, taking cost-effective measures for achieving budget targets is important.</li>
<li><strong>Overall RAG Status – </strong>The Red, Amber, and Green rating status report is used for indicating the project progress status.</li>
<li><strong>Achievements of Current Period and Plans for Next Period &#8211; </strong>Mark down what you plan to work on next, and how far the team has accomplished till a certain date.</li>
<li><strong>Key Risks, Assumptions, Issues, and Dependencies – </strong>Also known as RAID, tracking these will help mitigate the risks and issues that occur during project implementation.</li>
</ol>
<h3>3) To Provide the Right Support</h3>
<p>In addition to defining, monitoring, and maintaining projects, the PMO needs to provide support to ensure the smooth execution of a project.</p>
<p>Support can come in different forms. For instance, the PMO can be the central source for addressing project related concerns raised by stakeholders. Training and mentoring can also be provided to project managers to ensure their focus on the tasks in hand.</p>
<p>Modern PMOs especially focus on training project managers on utilising project management software. According to <a href="https://hive.com/blog/project-management-statistics/">Hive</a>, 77% of high-performing projects rely on tools and software. The same also reports that 66% of project managers would use project management tools and software extensively if their organisations supported them.</p>
<h2>Top Challenges of Setting up a PMO</h2>
<p>Proper PMO Implementation will enable organisations to deliver quality work with lesser resources and risks. However, this is not an easy task to perform. The following core challenges can hinder the delivery of a timely and budgeted project:</p>
<h3>1.     Benefits Realisation</h3>
<p>Statistics show that 62% of programmes demonstrates a relationship between project objective, company strategy, and resulting benefits. Benefit realisation allows the organisation to assess the project’s impact on a business, and the role of the PMO in achieving strategic goals of the business.</p>
<p>Here are the three ways to overcome the challenge of benefits realisation while implementing PMO:</p>
<ol>
<li><strong>Continuous Lifecycle</strong> – Consider PMO as a whole process rather than a single step. IT is involved in acquiring all strategic objectives, including operational, financial, strategic and governance objectives.</li>
<li><strong>Stakeholder Engagement</strong> – This is vital to avoid the disruption of strategy and operations. The organisation’s C-Suite should also be well informed of the benefits of PMO.</li>
<li><strong>Communication &#8211; </strong>Communicate the benefits properly across all mediums, among all in a consistent way as PMO processes may differ from organisation to organisation.</li>
</ol>
<h3>2.     Supply and Demand Planning</h3>
<p>PMOs focus on systematic project delivery while assessing resource requirements to meet supply and demand successfully. This is because lacking resources in the middle of the project can complicate a project and push it beyond its deadlines.</p>
<p>Eric Hoffer probably defines the significance of Supply and Demand Planning best saying &#8211;</p>
<p><em>“In a time of drastic change, it is the learners who inherit the future. The learned usually find themselves equipped to live in a world that no longer exists” </em></p>
<p>With this quote in mind, keep in mind these three C’s to overcome the supply and demand challenge:</p>
<ol>
<li><strong>Capacity</strong> &#8211; Ensure having the right project skills required to meet the current demand of a project.</li>
<li><strong>Capability</strong> &#8211; Match suitable project managers to a project to ensure best results.</li>
<li><strong>Culture</strong> – Sustain skills for project delivery in the future.</li>
</ol>
<h3>3.     Project and Programme Prioritisation</h3>
<p>Project and programme prioritisation is essential for identifying high-value projects which align with strategy. It also allows PMOs to balance resources and demand and improve project success rates to help achieve business goals.</p>
<p>Unfortunately, the Project Management Institute (PMI) revealed 20% of projects tend to be badly aligned. As a result, their chances of failure increase beyond 45%.</p>
<p>To effectively prioritise projects, PMOs need to capture and manage requests properly. One way of doing this is by relying on software which automates this process. PMOs should also use strategic alignment and proven decision science to eliminate waste. Stakeholders need to be as committed in order to improve project prioritisation.</p>
<h2>What is P3O and Why Should PMOs Consider It?</h2>
<p>Quick advancements in this era have further evolved the priorities of organisations. Now, the key objective of an organisation is to deliver the change portfolio with the right mix of programmes and projects faster and for a lesser cost.</p>
<p>Portfolio, Programme and Project Office (P3O) offers the structures, tools, and techniques required by an organisation to ensure it has the right programmes in place. It sets a model for consistently delivering projects and programmes in the organisation. This can be provided through a single permanent office, which may be called Portfolio Office, Centre of Excellence, or any other name.</p>
<p>PMOs should consider implementing P3O as it gives them exposure to the world of Project and Programme management. It will help improve their skills and competencies to provide higher value to the stakeholders and customers.</p>
<p><strong>AXELOS PPM Portfolio Manager Mike Acaster introduces Portfolio, Programme and Project Offices (P3O) and explains what it can help Project Management Offices (PMOs) achieve.</strong></p>
<div class="video-container"><iframe loading="lazy" title="Introduction to P3O" width="1220" height="686" src="https://www.youtube.com/embed/XqE6TuDADjU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
<h2>What are the Benefits of P3O?</h2>
<p>So, what can you gain by taking a P3O training and becoming certified? For starters, P3O can help you master important skills such as:</p>
<ul>
<li>Maintaining a “big picture” understanding of the business change portfolio</li>
<li>Providing decision support for the launch of right programmes and projects</li>
<li>Setting standards and processes to ensure the consistency of delivery</li>
<li>Providing independent oversight, scrutiny and challenge to ensure things are done well (and right from the very first time)</li>
<li>Delivering assurance, coaching and mentoring to build a competent workforce capable of first-class programme and project delivery</li>
</ul>
<p>P3O certification for PMOs also delivers different benefits to organisations and practitioners alike.</p>
<h2>How P3O Benefits Organisations</h2>
<p>“Doing the right programmes and projects” is one thing. The P3O model, however, aims at “doing programmes and projects right”. Therefore, organisations with P3O certified PMOs may reap advantages such as:</p>
<ul>
<li>Ensuring that the business is investing in the right things</li>
<li>Directing the organisations to focus on delivering programmes and projects that enable them to achieve their goals</li>
<li>Improving the businesses by keeping senior management informed on decisions related to the prioritisation, risk management, and deployment of resources across the organisation</li>
</ul>
<h2>How P3O Helps PMOs Advance their Careers</h2>
<p>For Project Management Officers, achieving P3O certification allows them to go beyond simple project management as they learn to efficiently perform tasks such as:</p>
<ul>
<li>Provide support to the organisation while dealing with complex changes</li>
<li>Support at the portfolio level as well as individual change initiative level (PMOs become inclined towards the Portfolio Office Model as P3O is integrated with portfolio management)</li>
<li>Offer meaningful support to senior management during the decision making</li>
</ul>
<h3>Interested in P3O Training and Qualifications?</h3>
<p>If you believe P3O is the next certification for you, kudos on taking your career and organisation to the next level.</p>
<p>That said, there are two <a href="https://businessbeam.com/pmo-setup-p3o/">P3O</a> courses available:</p>
<ol>
<li>P3O Foundation</li>
<li>P3O Practitioner</li>
</ol>
<h3>P3O Foundation</h3>
<p>The <a href="https://businessbeam.com/courses/p3o-foundation/">P3O Foundation course</a> is the pre-requisite for the P3O Practitioner course. It delivers the knowledge on the P3O office Model to certification candidates. You will also get to learn the purpose of the P3O model along with its processes, tools, and techniques.</p>
<p>During a P3O Foundation course, PMO practitioners will benefit by learning:</p>
<h3>P3O Practitioner</h3>
<p>By completing a <a href="https://businessbeam.com/courses/p3o-practitioner/">P3O Practitioner course</a> and getting certified, you can become a master of Portfolio, Programme and Project Office.</p>
<p>At this stage, you will be able to implement, design, manage or work within any component office of a P3O model. As a certified professional, you will have an overall understanding of the elements, roles, functions, tools, and techniques deployed in a generalised P3O model.</p>
<p>So, are you up for the challenge of a P3O course and certification?</p>
<p><strong>Register </strong><a href="https://businessbeam.com/courses/p3o-foundation/"><strong>here</strong></a><strong> today and let Business Beam’s accredited trainers guide you on the concepts which enrich your PMO career, and help you achieve certification.  </strong></p>
<p>&nbsp;</p>
<p>The post <a href="https://businessbeam.com/project-management-using-p3o/">How to improve the effectiveness of Project Management Office (PMO) using P3O</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<title>Information Security is the Same as IT &#038; Cyber Security: The Biggest Myth</title>
		<link>https://businessbeam.com/information-security-vs-it-cybersecurity/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=information-security-vs-it-cybersecurity</link>
		
		<dc:creator><![CDATA[Syed Nabeel Iqbal]]></dc:creator>
		<pubDate>Wed, 20 Nov 2019 09:30:36 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business & ICT Continuity]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=8236</guid>

					<description><![CDATA[<p>IT has evolved at an unrelenting pace in the past decade. As a result, cyber security has become the need of the hour. This is especially true as IoT, Big Data, and AI have become deeply rooted in every aspect of human life.</p>
<p>Now most individuals believe that setting technical controls like IDS, IPS, Firewall, Anti-virus, and DMZ maximizes safety. Unfortunately, this has led to the misconception that technical level security is the same as information security.</p>
<p>What is scarier is that in over a decade of delivering consultancy and corporate trainings on information security, I have come across professionals who believe Information Security and IT &#038; Cyber Security are synonymous.</p>
<p>So, without further ado, let’s debunk this myth once and for all.</p>
<p>First off, however, let’s have a refresher course on the main three terms used throughout this article: Information Security, IT Security, and Cyber Security.</p>
<p>The post <a href="https://businessbeam.com/information-security-vs-it-cybersecurity/">Information Security is the Same as IT &#038; Cyber Security: The Biggest Myth</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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			<p><img loading="lazy" decoding="async" class="alignleft wp-image-8276" src="https://businessbeam.com/wp-content/uploads/2019/11/information-security-vs-cyber-security-300x158.png" alt="information security vs cyber security" width="500" height="263" srcset="https://businessbeam.com/wp-content/uploads/2019/11/information-security-vs-cyber-security-300x158.png 300w, https://businessbeam.com/wp-content/uploads/2019/11/information-security-vs-cyber-security-768x403.png 768w, https://businessbeam.com/wp-content/uploads/2019/11/information-security-vs-cyber-security-1024x538.png 1024w, https://businessbeam.com/wp-content/uploads/2019/11/information-security-vs-cyber-security-600x315.png 600w, https://businessbeam.com/wp-content/uploads/2019/11/information-security-vs-cyber-security.png 1200w" sizes="auto, (max-width: 500px) 100vw, 500px" /></p>
<p>IT has evolved at an unrelenting pace in the past decade. As a result, cyber security has become the need of the hour. This is especially true as IoT, Big Data, and AI have become deeply rooted in every aspect of human life.</p>
<p>Now most individuals believe that setting technical controls like IDS, IPS, Firewall, Anti-virus, and DMZ maximizes safety. Unfortunately, this has led to the misconception that technical level security is the same as information security.</p>
<p>What is scarier is that in over a decade of delivering consultancy and corporate trainings on information security, I have come across professionals who believe Information Security and IT &amp; Cyber Security are synonymous.</p>
<p>So, without further ado, let’s debunk this myth once and for all.</p>
<p>First off, however, let’s have a refresher course on the main three terms used throughout this article: Information Security, IT Security, and Cyber Security.</p>
<h2>What is Information Security?</h2>
<p>Before defining information security, you need to understand that information is an important ‘asset’ like capital infrastructure and people. It is considered an asset because it offers significant value for an organization.</p>
<p>As an asset, its compromise may lead to seriously undesirable consequences, including loss of reputation, customers, and revenue. Organizations will also have to deal with regulatory non-compliance consequences such as hefty penalties.</p>

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						<h3 class="rt-heading" >Types of information assets available in any organization</h3>
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						<h3 class="rt-heading" >Understanding the current fast-paced growth of the Threat Landscape </h3>
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			<p>The biggest current challenge for organizations is keeping their data secure, while its value as well as volume grow manifolds daily. This is especially difficult considering the widespread use of smart devices and business applications that access, store, and process data across each modern enterprise.</p>

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			<p>This challenge adds more pressure on organizations to stay ahead of the changing threat landscape. Some of the most common threats to be prepared for include:</p>

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<li>Organized cyber attacks</li>
<li>Unauthorized access</li>
<li>Tempering with information or information loss</li>
<li>Equipment aging or malfunction (especially due to malware, virus, trojan, worms, spyware)</li>
<li>Attacks in the form of hacking, cracking, spamming, social engineering, or phishing</li>
<li>Software errors and reduced performance</li>
<li>Loss of information due to staff resignation or termination</li>
<li>Damage caused by a third party</li>
<li>Natural disasters and physical and/or environmental hazards</li>
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			<p>As you can see, these threats are not only related to technology. They are connected by people, process, and supplier components as well.</p>

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				<strong>Quick facts</strong></p>
<ul>
<li>About 2 in 5 companies will have over 1,000 files open for anyone to see.</li>
<li>These include files with sensitive information.</li>
<li>Between both humans and machines, there will be roughly 300 billion passwords used worldwide by 2020.</li>
<li>Personal data can be purchased within the range of $0.20 to $15.00.</li>
<li>Credit card information sells for much more than other kinds of personal data.</li>
<li>In the event of a data breach, it would typically take companies over 6 months to notice.</li>
<li>The fact that it takes companies over 6 months realize that they have a data breach means that you’re more and more susceptible to having your information stolen.</li>
<li>Vulnerability to attacks can be determined by which companies you put your trust in, and who you give your information to.</li>
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			<h3>The most common security gaps</h3>
<p>Most organizations and their professionals leave it to IT departments or service providers to take care of their security issues. As a result, security loopholes begin appearing. If not filled in a timely manner, a lot of repercussions will follow.</p>

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		<h2 class="wpb_heading wpb_singleimage_heading">Some of the common security gaps include:</h2>
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			<h4>What organizations should do</h4>
<p>As information is an asset, it requires suitable protection. This is especially important in the current threat landscape.</p>

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			<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Information Assets should be secured with the goal to maintain their Confidentiality, Integrity &amp; Availability. Therefore, Information Security entails protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, and/or destruction.</p>

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			<h2>What is IT Security?</h2>
<p>IT security refers to securing digital data through technical controls like network security, IDS, IPS, and firewalls. SANS Institute, however, defines this term best:</p>

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						<p><em>IT Security is the process of implementing measures and systems designed to securely protect and safeguard information utilizing various forms of technology developed to create, store, use and exchange such information against any unauthorized access, misuse, malfunction, modification, destruction, or improper disclosure, thereby preserving the value, confidentiality, integrity, availability, intended use, and its ability to perform their permitted critical functions.</em></p>						
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				<strong>Quick facts</strong></p>
<ul>
<li>More malware is being launched than ever before &#8211; 230,000 new malware samples/day.</li>
<li>Hacker attacks occur every 39 seconds.</li>
<li>The average cost of a data breach in 2020 will exceed $150 million.</li>
<li>Since 2013, 3,809,448 records have been stolen from breaches every day. This amounts to 158,727 per hour, 2,645 per minute, and 44 every second of every day.</li>
<li>By 2020, there will be roughly 200 billion connected devices.</li>
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			<h2>What is Cyber Security?</h2>
<p>Cybersecurity is all about cyberspace. According to ISO 27032: 2012, cybersecurity is the:</p>

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						<p><em>preservation of confidentiality, integrity and availability of information in the Cyberspace resulting from the interaction of people, software and services on the Internet by means of technology devices and networks connected to it, which does not exist in any physical form. It also includes application services provided over the Cyberspace.</em></p>						
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			<p>Based on this definition, the term majorly covers network security, services security, and critical information infrastructure protection (CIIP) exposed on the internet.</p>

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				<strong>Quick facts</strong></p>
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<li>Criminals are utilizing smart home devices to exploit individuals.</li>
<li>By 2021, cybercrimes could cost us $6 trillion to combat.<br />
Information loss accounts for 43 percent of the costs of cyber attacks.</li>
<li>Data loss occurs during hacks. If the information belongs to third parties, it can be incredibly pricey attempting to restore that lost data.</li>
<li>Around 53 percent of millennials experienced cybercrime in the last year.</li>
<li>The amount of malware (malicious software) installed on Android platforms has increased by 400 percent.</li>
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			<h3>Debunking the myth ‘Information, IT, and Cyber Security are the same’</h3>
<p>Most people believe that IT security is everything but above definitions and explanations now clearly indicate that by implementing technical controls, you cover only the technical aspect.</p>
<ul>
<li>What about the policies and processes to manage this technical security?</li>
<li>What about the people (i.e. staff) who are accessing the information systems and using them? People are, unfortunately, the weakest link in information security. Untrained staff, especially, is the biggest source of information security threats.</li>
<li>Finally, what about the vendors who access your data and information, and visit your premises for service delivery? Do you have any mechanism to identify and check the security requirements of your regulators and customers?</li>
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<h3><strong>Thin line between Information Security, IT Security &amp; Cyber Security</strong></h3>
<ul>
<li>Information security provides a framework or a bigger picture to secure all information assets related to people, processes, technology, and supplier components for IT and non-IT assets. Examples include information asset management &amp; access control, human resource security, physical &amp; environmental security, and network &amp; communication security.</li>
<li>IT Security deals with technical controls, and how well they are implemented and managed. Examples of IT security are IDS, IPS, and Firewalls.</li>
<li>Cyber security is a component of IT Security which primarily covers the risk of being exposed in the internet world, where you share, exchange and store your personal and official data. Some examples include social media and cloud-based application services.</li>
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			<p><strong>The reality is that Information Security is the umbrella under which both IT and cybersecurity controls are also covered and controlled. </strong></p>
<p>Information Security Management System (ISMS) provides you with a framework that helps identify the risks pertaining to people, processes, technology (including cybersecurity), and vendors. It enables organizations to implement administrative, managerial, technical and legal controls.</p>
<p>By implementing an ISMS, rest assured that all your administrative, managerial, technical and legal controls will be implemented. This, in turn, will help you manage and control the technical part (IT), and take care of non-technical aspects in the process.</p>

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			<p><strong>So, how keep your information assets secure</strong><strong>? </strong></p>
<p>You need to have a comprehensive framework that can identify, protecting, detecting, responding, and recovering from all types of security incidents at the strategic, tactical and operational levels.</p>
<p>To establish such a framework, simply take your pick from globally recognized standards and frameworks like <strong>COBIT, ISO 27001, NIST, </strong>and <strong>SANS</strong>.</p>

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			<p>These standards help organizations to identify the components required for establishing a security framework which includes policies, risk management approaches, procedures and SOPs, plans and guides on identifying technical controls for network security, communications and operations security, end point security, and cloud security.</p>
<h4>Establishing ISMS with ISO 27001: 2013</h4>
<p>ISO 27001: 2013 is possibly the best option for you if you are willing to formally establish and implement an Information Security Management System (ISMS) which covers IT &amp; Cybersecurity as well. This is one of the most popular information security standards as it seamlessly complements technical and cybersecurity standards and frameworks, while providing a unified platform on which you can confidently build up your security profile.</p>
<p>An ISMS delivers a systematic approach for establishing, implementing, operating, monitoring, reviewing, maintaining and improving an organization’s information security to achieve business objectives. It is based on risk assessment and the risk acceptance levels designed by the organization to effectively treat and manage risks.</p>

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			<p>By using ISO 27001:2013 to implement an ISMS based on a risk management approach, the biggest advantage you receive is the ability to establish administrative, managerial, technical, and legal controls.</p>
<p>Although ISO 27001: 2013 is a non-technical standard, its control areas extend to access management, cryptography, operations and communications, systems acquisition, development and maintenance to name just a few. As a result, it will greatly strengthen your IT &amp; cybersecurity controls as well.</p>
<p>Another advantage of using this standard is that it complements other standards and frameworks like NIST, COBIT, and ISO 27032:2012.  Hence, if you come across risks particular to IT &amp; cybersecurity while performing risk assessment, you can easily refer to your preferred standards and implement them under the same ISMS.</p>
<p><strong>Here is a quick look at the ISO 27001: 2013 Annexure A Controls.</strong></p>

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			<h3>More Reasons to Implement ISMS</h3>
<p>With ISMS as part of your organization, you will be able to achieve the following:</p>
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<li>Identification of the current maturity level of your existing security controls</li>
<li>Creation of information security objectives which you wish to achieve after investing time, money and efforts</li>
<li>Setting information security policies with the approval of Senior Management</li>
<li>Identification of all information assets, their owners, and their value</li>
<li>Conducting risk assessment to identify threats and vulnerabilities, and prevent compromising the confidentiality, integrity, and availability of information assets</li>
<li>Conducting risk treatment planning using the ISO 27001:2013 standard and by referring to IT and cybersecurity specific controls</li>
<li>Design and implementation of information security procedures, roles, and responsibilities</li>
<li>Implementation of a security monitoring mechanism based on KPIs and metrics</li>
<li>Continual improvement of all implemented controls to ensure better day-by-day combat of security threats and vulnerabilities associated with information assets</li>
</ul>
<h4><strong>Conclusion</strong></h4>
<p>With this article, I hope you now have a clear idea about how information security, IT security, and cyber security differ from each other. You would also have a better idea on implementing an ISMS to proactively and confidently maintain controls, whether they are related to IT or not.</p>
<p>For further assistance or information, do not hesitate to get in touch. I will be happy to guide you on achieving your organization’s goals.</p>

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<p>The post <a href="https://businessbeam.com/information-security-vs-it-cybersecurity/">Information Security is the Same as IT &#038; Cyber Security: The Biggest Myth</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<title>How COBIT 2019 Framework can be used to improve IT Governance</title>
		<link>https://businessbeam.com/cobit-2019/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cobit-2019</link>
		
		<dc:creator><![CDATA[Ahmed Sohail]]></dc:creator>
		<pubDate>Thu, 07 Nov 2019 04:50:52 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business & ICT Continuity]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=8087</guid>

					<description><![CDATA[<p>COBIT helps enterprises to create optimal value from IT by maintaining a balance among realizing benefits, optimizing risk levels, and resource usage. The framework addresses both businesses and IT functional areas across an enterprise. It considers the IT-related interests of internal and external stakeholders. Enterprises of all sizes, whether commercial, not-for-profit, or in the public sector, can benefit from COBIT.</p>
<p>The post <a href="https://businessbeam.com/cobit-2019/">How COBIT 2019 Framework can be used to improve IT Governance</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
]]></description>
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			<p><img loading="lazy" decoding="async" class="wp-image-8393 size-full alignleft" src="https://businessbeam.com/wp-content/uploads/2019/11/COBIT-2019-Blog-and-Social-1.png" alt="Cobit 2019 Framework" width="560" height="315" srcset="https://businessbeam.com/wp-content/uploads/2019/11/COBIT-2019-Blog-and-Social-1.png 560w, https://businessbeam.com/wp-content/uploads/2019/11/COBIT-2019-Blog-and-Social-1-300x169.png 300w, https://businessbeam.com/wp-content/uploads/2019/11/COBIT-2019-Blog-and-Social-1-280x157.png 280w" sizes="auto, (max-width: 560px) 100vw, 560px" /></p>
<p>COBIT helps enterprises to create optimal value from IT by maintaining a balance among realizing benefits, optimizing risk levels, and resource usage. The framework addresses both businesses and IT functional areas across an enterprise. It considers the IT-related interests of internal and external stakeholders. Enterprises of all sizes, whether commercial, not-for-profit, or in the public sector, can benefit from COBIT.</p>
<p>&nbsp;</p>
<h2><strong>What is COBIT</strong></h2>
<p><a href="https://en.wikipedia.org/wiki/COBIT">COBIT</a> is a best-practice framework created by international professional association <a href="http://www.isaca.org/COBIT/Pages/default.aspx">ISACA</a> for information technology (IT) management and IT governance. Here is the explanatory video of COBIT 2019 from ISACA.</p>
<p><iframe loading="lazy" src="https://www.youtube.com/embed/KJLAJSZbfIM" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>COBIT provides an implementable &#8220;set of controls” over information technology and organizes them around a logical framework of IT-related processes and enablers.</p>
<p>It is positioned at a high level and has been aligned with other, more detailed IT standards and good practices such as <a href="https://businessbeam.com/consulting/itsm-implementation-using-itil-or-iso-20000/">ITIL</a>, <a href="https://businessbeam.com/consulting/information-cyber-security-implementation-using-iso-27001/">ISO 27000</a>, <a href="https://businessbeam.com/enterprise-architecture-togaf/">TOGAF</a>, and PMBOK. However, COBIT is known to provide a mile-wide and inch-deep approach towards creating interfaces between all these individual frameworks. It creates a blanket organizational framework to manage these domains through a holistic approach.</p>
<h3><strong>How to Implement an IT Governance Strategy using COBIT Framework</strong></h3>
<p>Before moving on to the IT Governance, the implementation part lets take a look at how <a href="https://www.cio.com/article/2438931/governanceit-governance-definition-and-solutions.html">CIO Magazine</a> defines IT Governance as:</p>
<blockquote>
<p><em>“Simply put, it’s putting structure around how organizations align IT Strategy (Information Technology Strategy) with business strategy, ensuring that companies stay on track to achieve their strategies and goals, and implementing good ways to measure IT’s performance. It makes sure that all stakeholders’ interests are taken into account and that processes provide measurable results. An IT governance framework should answer some key questions, such as how the IT department is functioning overall, what key metrics management needs and what return IT is giving back to the business from the investment it’s making.”</em></p>
</blockquote>
<p>An efficient IT team within an organization is imperative to manage transactions, information, and knowledge necessary to promote financial growth and higher productivity. While many organizations across the globe recognize the value an efficient IT team delivers, a successful Enterprise also works towards optimizing and continually improving it. A few common pain areas for organizations using IT are:</p>
<ul>
<li>Aligning IT strategy with the business strategy</li>
<li>Cascading strategy and goals down into the enterprise</li>
<li>Providing organizational structures that facilitate the implementation of strategy and goals</li>
<li>Insisting that an IT control framework be adopted and implemented</li>
<li>Measuring IT performance</li>
</ul>
<h3><strong>How does COBIT work?</strong></h3>
<p>COBIT is the only business framework for the governance and management of enterprise IT. This evolutionary version incorporates the latest thinking in enterprise governance and management techniques. It provides globally accepted principles, practices, analytical tools and models to help increase the trust in, and value from, information systems. COBIT builds and expands on COBIT 4.1 by integrating other major frameworks, standards, and resources, including ISACA’s Val IT and Risk IT, Information Technology Infrastructure Library (ITIL®), and related standards from the International Organization for Standardization (ISO).</p>
<p>For a successful implementation of COBIT 2019 within an Enterprise, a combination of the listed objectives must be used.  A specified set of 40 objectives becomes the heart of COBIT 2019. These objectives are to be fulfilled if the enterprise goals are to be achieved.</p>
<p>These objectives are further bifurcated into governance and management objectives, ensuring that the Boards &amp; executive management undertake the governance processes while management implements management processes, respectively.</p>
<h2><strong>Governance and Management Objectives in COBIT 2019</strong></h2>
<p>COBIT separates the process design activity by segregating it as follows:</p>
<ul>
<li>Governance objectives are grouped in the <strong>Evaluate, Direct</strong><strong>, and Monitor (EDM)</strong> In this domain, the governing body evaluates strategic options, directs senior management on the chosen strategic options and monitors the achievement of the strategy.</li>
<li>Management Objectives are grouped into four domains:
<ul>
<li><strong>Align, Plan and Organize (APO)</strong> addresses the overall organization, strategy and supporting activities</li>
<li><strong>Build, Acquire and Implement (BAI)</strong> treats the definition, acquisition, and implementation of solutions and their integration in business processes</li>
<li><strong>Deliver, Service and Support (DSS)</strong> addresses the operational delivery and support of services, including security</li>
<li><strong>Monitor, Evaluate and Assess (MEA)</strong> addresses performance monitoring and conformance with internal performance targets, internal control objectives and external requirements</li>
</ul>
</li>
</ul>
<p>However, to satisfy governance and management objectives, each enterprise needs to establish, tailor, and sustain a governance system built from several components. These components are factors that, individually and collectively, contribute to the proper operations of the enterprise’s governance system.</p>
<h2><strong>Seven COBIT 2019 Components</strong></h2>
<p><img loading="lazy" decoding="async" class="alignnone wp-image-8133 size-large" src="https://businessbeam.com/wp-content/uploads/2019/11/ASDA-1024x576.jpg" alt="COBIT 2019 Components" width="1024" height="576" srcset="https://businessbeam.com/wp-content/uploads/2019/11/ASDA-1024x576.jpg 1024w, https://businessbeam.com/wp-content/uploads/2019/11/ASDA-300x169.jpg 300w, https://businessbeam.com/wp-content/uploads/2019/11/ASDA-768x432.jpg 768w, https://businessbeam.com/wp-content/uploads/2019/11/ASDA-640x360.jpg 640w, https://businessbeam.com/wp-content/uploads/2019/11/ASDA.jpg 1280w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></p>
<p>For the achievement of governance &amp; management objectives, these components shall be used in a manner that governance’s overall objective of value creation is successfully achieved.</p>
<ol>
<li>Processes describe an organized set of practices and activities to achieve objectives and must produce a set of outputs to support the achievement of overall I&amp;T-related goals.</li>
<li>Organizational structures ensure key decision-making entities exist in the enterprise and are aware of their roles, responsibilities, and their expected involvement.</li>
<li>Principles, policies, and frameworks translate the desired behavior into practical guidance for day-to-day management.</li>
<li>Information required for the effective functioning of the governance system of the enterprise needs to be produced, protected, and made available as and when required.</li>
<li>Culture, ethics, and behavior of individuals, and the enterprise need to be maintained continually as no policies, processes, or technology can be effectively implemented without overcoming the cultural constraints.</li>
<li>People, skills, and competencies are essential for the right decisions, execution of corrective actions, and successful completion of planned activities.</li>
<li>Services, infrastructure, and applications support effective enterprise governance of I&amp;T.</li>
</ol>
<h3 style="text-align: center;"><a href="https://businessbeam.com/consulting/it-governance-implementation-using-cobit-iso-38500/" target="_blank" rel="noopener noreferrer"><strong>How Business Beam will be helpful for the implementation of COBIT Framework</strong></a></h3>
<p style="text-align: center;">Business Beam helps in the effective implementation of IT Governance. We have consultants and coaches provide strategic, tactical, and operational guidance to leaders, managers, and teams. We ensure that IT strategy and assets are aligned with organizational strategy and objectives as directed by COBIT 2019.</p>

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<p>The post <a href="https://businessbeam.com/cobit-2019/">How COBIT 2019 Framework can be used to improve IT Governance</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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		<title>CISA Vs CISM? Which certification is better for me?</title>
		<link>https://businessbeam.com/cisa-vs-cism-certification/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cisa-vs-cism-certification</link>
		
		<dc:creator><![CDATA[Samar Ayub]]></dc:creator>
		<pubDate>Tue, 24 Sep 2019 12:51:10 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Business & ICT Continuity]]></category>
		<guid isPermaLink="false">https://businessbeam.com/?p=7765</guid>

					<description><![CDATA[<p>Do you know CISA(Certified Information Systems Auditor) and CISM(Certified Information Security Manager) have more differences than similarities? Selecting one of the most suitable qualifications for your career amongst the highest-paying IT certifications are difficult. Even though ISACA backs both certifications – one of the leading names in IT-related qualifications, the target audience of CISA is [&#8230;]</p>
<p>The post <a href="https://businessbeam.com/cisa-vs-cism-certification/">CISA Vs CISM? Which certification is better for me?</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><img loading="lazy" decoding="async" class="alignleft wp-image-7766" src="https://businessbeam.com/wp-content/uploads/2019/09/CISA-Vs-CISM.jpg" alt="CISA Certification" width="500" height="333" srcset="https://businessbeam.com/wp-content/uploads/2019/09/CISA-Vs-CISM.jpg 960w, https://businessbeam.com/wp-content/uploads/2019/09/CISA-Vs-CISM-300x200.jpg 300w, https://businessbeam.com/wp-content/uploads/2019/09/CISA-Vs-CISM-768x512.jpg 768w, https://businessbeam.com/wp-content/uploads/2019/09/CISA-Vs-CISM-480x320.jpg 480w" sizes="auto, (max-width: 500px) 100vw, 500px" /></span></p>
<p>Do you know <a href="https://businessbeam.com/courses/cisa-boot-camp/">CISA(Certified Information Systems Auditor)</a> and <a href="https://businessbeam.com/courses/cism-boot-camp/">CISM(Certified Information Security Manager)</a> have more differences than similarities? Selecting one of the most suitable qualifications for your career amongst the highest-paying IT certifications are difficult.</p>
<p>Even though ISACA backs both certifications – one of the leading names in IT-related qualifications, the target audience of CISA is very different from CISM because they offer knowledge of two very different roles.</p>
<p>&nbsp;</p>
<h2 style="text-align: left;"><b>CISA Vs. CISM</b></h2>
<p><a href="http://www.isaca.org/Certification/CISA-Certified-Information-Systems-Auditor/Pages/default.aspx"><span style="font-weight: 400;">CISA</span></a><span style="font-weight: 400;"> recognizes an audit &#8216;professional&#8217;s experience to &#8220;assess IS vulnerabilities, report on compliance, and institute controls within the enterprise.&#8221;</span></p>
<p><a href="http://www.isaca.org/Certification/CISM-Certified-Information-Security-Manager/Pages/default.aspx"><span style="font-weight: 400;">CISM</span></a><span style="font-weight: 400;"> is the certification for the professionals managing, designing, overseeing, and assessing an &#8216;enterprise&#8217;s information security&#8221;.</span></p>
<h3 style="text-align: left;"><b>DOMAINS COMPARISON</b></h3>
<p><span style="font-weight: 400;">The domain&#8217;s knowledge of CISA and CISM focused on information security, but there is a crucial difference. CISM is a certification to ensure the &#8216;enterprise&#8217;s information security, whereas CISA professionals assure the information security controls. </span></p>
<p><span style="font-weight: 400;">Here is a quick comparison of both.</span></p>
<table>
<tbody>
<tr>
<td>
<p style="text-align: left;"><strong>CISA</strong></p>
</td>
<td>
<p style="text-align: left;"><strong>CISM</strong></p>
</td>
</tr>
<tr>
<td>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 1: The Process of Auditing Information Systems</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 2: Governance and Management of IT</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 3: Information Systems Acquisition, Development and Implementation</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 4: Information Systems Operations, Maintenance and Service Management</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 5: Protection and Information Assets</span></li>
</ul>
</td>
<td>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 1: Information Security Governance</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 2: Information Risk Management</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 3: Information Security Program Development and Management</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Domain 4: Information Security Incident Management</span></li>
</ul>
</td>
</tr>
</tbody>
</table>
<h3><b>SALARY COMPARISON of CISA and CISM</b></h3>
<p><span style="font-weight: 400;">According to a recent report of Indeed.com reports that CISA Certified earns average </span><a href="https://www.indeed.com/salaries/Cisa-Salaries"><span style="font-weight: 400;">$116,431 /year</span></a><span style="font-weight: 400;"> on the other side It has reported that CISM professionals make </span><a href="https://www.indeed.com/salaries/Cism-Salaries"><span style="font-weight: 400;">$117,436 /year </span></a></p>
<h3><b>CISA Certification Exam Requirements</b></h3>
<p><span style="font-weight: 400;">To appear in the CISA Certification exam, candidates need to have at least five years of professional work experience in the area of auditing, controlling, or securing information systems. Some substitutes are also available.  </span></p>
<p><span style="font-weight: 400;">The CISA study process may include attending CISA review classes, enrolling in an online course, or using the software, review manuals, and study guides. Post-certification, the certified CISA is also required to comply with Information Security Standards. </span></p>
<h3><b>CISM Certification Exam Requirements</b></h3>
<p><span style="font-weight: 400;">Before appearing in CISM exam, the candidate is recommended to follow &#8216;ISACA&#8217;s guidelines for syllabus, he/she requires to register online for the certification exam and must have at least five years of experience in the area of information security. CISM also requires five years of professional experience. </span></p>
<p><span style="font-weight: 400;">ISACA reports, around 32,000 professionals have achieved CISM certification, whereas 129,000 professionals are CISA certified. </span></p>
<h4><b>CONCLUSION</b></h4>
<p><span style="font-weight: 400;">If you are planning for CISA or CISM, keep your career in focus while selecting the right certification. </span></p>
<p><span style="font-weight: 400;">For example, if you are working in the positions of Network Administrator, System Administrator or similar area, and would like to grow your career in the management of information security, CISM would be more helpful for securing a leading position. </span></p>
<p><span style="font-weight: 400;">However, if you are working in the fields of auditing, compliance, and assurance, or you like to grow your career in the field of IT auditing, CISA is more appropriate for you. </span></p>
<p><span style="font-weight: 400;">Professionals who aim to see themselves at leading positions in IT, it is recommended to have both. These certifications will help them not only to understand both domains well but also establish knowledge authority required at that level.</span></p>
<p>The post <a href="https://businessbeam.com/cisa-vs-cism-certification/">CISA Vs CISM? Which certification is better for me?</a> appeared first on <a href="https://businessbeam.com">Business Beam</a>.</p>
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