5 Cybersecurity trends and predictions that may shape the year 2018

James Glenn Gomez Published on February 1, 2018

hacker formed by characters in dark

Is your call center equipped to fend off cyberattacks or to comply with new data security regulations?

As technology continues to grow, the number of ways it can be exploited grows as well. With 2017 rife with huge data security breaches, it’s hard not to be worried for your call center’s security. After all, maintaining customer trust and securing their personal data should be top priorities in your contact center. Data security experts have chimed in on cybersecurity trends and challenges that companies may face. So, why not use this opportunity to improve your digital safety measures and equip yourself with the knowledge of what’s to come?

1. Ransomware and other digital extortion methods will thrive

red shade hand typing with digital padlock showing cybersecurity

Last year, large corporations, hospitals, and even the country Ukraine were targeted by ransomware, crippling operations and creating chaos to those affected. Security experts from Trend Micro believe that malicious cyberattacks and other forms of digital extortion will continue to be among the leading forms of security intrusion this year. Thus, it’s important for everyone to update their applications and devices’ firmware settings to prevent such occurrences.

 

2. The race to GDPR compliance

judge gavel on table with law books

The two-year grace period that the European Union offered businesses in order to update their data protection measures to comply with 2016’s General Data Protection Regulation is about to end. Those who have presence in the EU or at least handle EU customer data must follow this legislation, otherwise be heavily penalized. However, not every company would be able to comply by the May 25 deadline, and experts predict that the EU will make an example from such companies.

 

3. Chatbot-based attacks

evil bad robot with lightning

Artificial intelligence-powered attacks are predicted by security experts to increase this year. With it is the dark possibility of the exploitation of chatbots for spam/fraud/phishing attacks. This is troubling especially for those who use chatbots for customer support functions, and is exacerbated by messenger apps’ payment integration.

 

4. Increased cybersecurity spending

hands businessman handing money to gloved business partner holding key

Cybersecurity might be getting more complex, but hackers are becoming cleverer. Experts predict a significant increase in the improvement of data security measures to prevent huge breaches. In line with this, companies are also expected to spend up as much as $10 million to comply with GDPR requirements, based on a PricewaterhouseCoopers survey.

 

5. Increased blockchain applications.

app icons coming out of tablet

Although blockchainsโ€”encrypted digital ledgers of sortsโ€”might have been devised initially for bitcoins and other kinds of cryptocurrencies, but it has other applications as well. It presents opportunities for healthcare, banking, ecommerce, the public sector, and a lot more through its immutability and ease of usage.

In this post-truth world, it’s becoming harder for everyone to trust anyone. In the end, trust will be the main casualty of any cyberattack. But by improving your cybersecurity measures, your customers (and your integrity) will be protected from such digital intrusions. Let your customers feel that your company is a company they can still trust.

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Multicultural call center, Open Access BPO, recently hosted a memorable Oktoberfest celebration at Apotheka Manila in Poblacion, Makati.

The event was a resounding success, drawing a large crowd of employees and guests. Attendees enjoyed a festive atmosphere, and live music from blues-rock band La Crema and DJs Allen and Madz.

The celebration is a testament to Open Access BPO's commitment to fostering a diverse, inclusive, and engaging work environment.

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We're celebrating the incredible people who make a difference every day. Our dedicated teams, the heart of OABPO, go above and beyond to create memorable experiences for our customers and partners.

Their passion and commitment are the driving force behind our success.
As thank you, we've filled this week with fun activities, from movies, exciting video challenges to thrilling on-site games, program-specific treats, and amazing prizes.

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When you outsource specialized tasks to industry experts, you elevate your service quality, leading to happier customers. This satisfaction, in turn, builds trust in your brand.

But #outsourcing can do more than just earn trustโ€“it can actively strengthen it!

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Open Access BPO reaffirms its dedication to fostering a safe and supportive work environment for its employees. Our Davao team recently organized an Occupational First Aid and Basic Life Support training program in collaboration with the Philippine Red Cross - Davao City Chapter.

Participants underwent comprehensive basic life support techniques, including cardiopulmonary resuscitation (CPR), wound management, and patient transportation. Upon successful completion, our team members were certified as first aiders, enabling them to respond effectively to on-site emergencies.

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This initiative underscores Open Access BPO's commitment to prioritizing the health and well-being of its workforce. By equipping employees with vital first aid skills, the company empowers them to take proactive measures in ensuring a safe and secure workplace for all.

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