December 10, 2020. specified that “The duty to share information can be as important as the duty to protect patient confidentiality”. If a cybersecurity incident has occurred, be sure to involve your IT security officer. Information sharing is perhaps the most important factor in the protection and resilience of critical infrastructure. The impact of information sharing on supply chains has become more significant with recent advances in Information Technology (IT). young person . cases, information sharing is important to ensure that the person gets the support that they require, through and after the transition. The six safeguarding principles should underpin all safeguarding practice, including information-sharing. DHS defines a threat as a natural or man-made occurrence, individual, entity, or action that has or indicates the poten… This could be done electronically or through certain systems. Information sharing is essential for effective safeguarding and promoting the welfare of children and young people. Whenever a sports organisation receives information that raises concerns about a child or children, decisions need to be made about information sharing. But for organizations to grow and make a lasting impact, vision must be shared across your team and company. There has been a common thread on early education forums recently about how best to share information with parents. The advantages of sharing information during negotiation have been well documented. It can foster vision in others and strengthen professional ties. And this is the key importance of information - it allows a business to make informed decisions by presenting data in a way that can be interpreted by management. To understand the importance of knowledge sharing, we have to understand the importance of knowledge itself and how it differs from information. Introduction. There is no doubt that sharing such information can and has protected computer users and increased the effectiveness of the security community’s response to attacks. Sharing information is the key to understanding what is happening in regard to current threats (e.g., physical, biological, cyber, or otherwise), incidents that have occurred and mitigations. All staff should understand who safeguarding applies to and how to report a concern. Demographics:We now have present in the workplace multiple demographics with differing values, expectations and work styles. Information sharing has clear benefits, but poses risks that must be mitigated. The size and scope of this reporting effort can be massive. Sharing Increases Trust. Information exchange or information sharing means that people or other entities pass information from one to another. Both sides acknowledged the importance of sharing information on upcoming reforms in the run up of the G20 Summit on the global economic and financial situation to be held in London on 2 April 2009. ec.europa.eu. You can choose not to have information about you shared or used for any purpose beyond providing your own treatment or care. Sharing knowledge and inspiration is equally important in our professional spheres. Still more loosely, "sharing" can actually mean giving something as an outright gift: for example, to "share" one's food really means to give some of it as a gift. 3. The world of education is changing as the modern world continues to grow. Remedying information sharing shortfalls was a principal recommendation of the 9/11 commission. Is the incident response team communicating and coordinating appropriately with others (e.g., privacy officer, security officer, legal counsel, etc.)? Information sharing has also allowed easy availability of credit history details, which helps consumers access more services. Why sharing is important. Don’t scold your child if they don’t immediately know that they need to share. Thus, workforce members may be tricked into falling prey to various phishing emails and websites as a result of curiosity about the email or website or otherwise. From those interactions, I have concluded that cyber-attacks have joined terrorism and weapons of mass destruction as one of the new, asymmetric threats that puts countries, corporations, and its citizens at risk. Information sharing is essential to the protection of critical infrastructure and to furthering cybersecurity for the nation. Information sharing is crucial to many businesses, helping to promptly meet customer and client needs through customer relationship systems which share information about products and services and improve access to their customers. 3. As a result, the harm from any such incidents may be significantly mitigated with a timely response. Furthermore, some investigations have been conducted to focus on the impact of information sharing on product quality. Who reported the threat? The Importance of Information Technology in Education. Sharing is the joint use of a resource or space. Have the workforce members been made aware of the relevant threat(s)? Information exchange or information sharing means that people or other entities pass information from one to another. Report the information to the appropriate point of contacts in accordance with your organization’s policies. The new Surface Pro 7+ for Business will ship with virtualization-based security (VBS) and Hypervisor-protected code integrity (HVCI, also commonly referred to as memory integrity) enabled out of the box to give customers even stronger security that is built-in and turned on by default. We can also be gatekeepers, in the sense of assisting our organizations in response to incidents as soon as they occur. In healthcare, sharing information is vital to the security and safety of the sector, and stakeholders within the sector. One problem with face-to-face information sharing is that sometimes it is not possible or economical to meet face-to-face. “Information sharing matters because we all need to be aware of what is going on and understand the consequences of what may occur,” she said. However, clear boundaries around information sharing are important to maintain confidentiality where appropriate and to ensure that only those who need the information are made aware of it. This allows financial institutions to avail themselves of Section 314(b) information sharing to address incidents of fraud or cybercrime, and other predicate offenses, where appropriate. An incident, according to DHS, is an occurrence, caused by either human action or natural phenomena, that may cause harm and that may require action. Does a mechanism exist for workforce members to communicate suspected threats and incidents to the appropriate points of contact in the organization (e.g., IT security office or IT helpdesk)? Information sharing is a tool, not an objective. For example, in 2009, the Conficker Working Group came together to share information and develop a coordinated response to the Conficker worm, which had infected millions of computers around the world. “ A more useful definition of knowledge is that it is about know-how and know-why. When you understand the value of knowledge, the importance of knowledge sharing becomes a little clearer. Recently, knowledge sharing (KS) has become an essential research field in the context of knowledge management (KM). We turn to our smartphones when we need a question answering and hit Google as soon as we encounter a challenge that exhausts our knowledge. There are also non-legal, non-contractual risks; for example, a company that discloses its vulnerabilities may suffer reputational risk, causing both customers and investors to become concerned. Information sharing serves as an essential approach for the survival of enterprises and enabler of supply chain integration. In this blog Jake Williams, Founder of Rendition InfoSec shares his insights on the 2020 threat landscape—who to watch for and why—and offers cybersecurity guidance and best practices on how to structure and evolve red and blue teaming within your organization. Situational awareness and preparation are essential for all organizations that wish to have a proactive security posture. ec.europa.eu. Have the appropriate points of contact been notified in line with appropriate policies? All staff should understand who safeguarding applies to and how to report a concern. “The Pros and Cons of Information Sharing” is the fifth in the Swedish Competition Authority’s Pros and Cons series. In prepared remarks today, FinCEN Director Blanco provided important clarification on FinCEN’s information sharing program under Section 314(b) of the USA PATRIOT Act. What information to share. GDPR, HIPPA, GLBA, all 50 U.S. States, and many countries have privacy breach reporting requirements. Don’t wait for the other side to open up to you first. Information and knowledge sharing is invaluable; it can reduce a company’s reliance on expensive training schemes and create that all-important sense of community within the organisation. In its narrow sense, it refers to joint or alternating use of inherently finite goods, such as a common pasture or a shared residence. Health and social care professionals should have the confidence to share information in the best interests of their patients within the framework set out by the Caldicott principles. Home . Sponsored February 1, 2011 . Resources . Director Blanco Emphasizes Importance of Information Sharing Among Financial Institutions . 3. Several key trends have intersected over the past few years: 1. Information sharing is essential to the protection of critical infrastructure and to furthering cybersecurity for the nation. Sharing information where there are concerns about significant harm to a child or young person . young person . Of course, some cybersecurity incidents necessary involve privacy issues (e.g., root cause of an incident, potential breaches of patient information, etc. What information to share. Knowledge sharing is essential for a company to achieve success, since it can facilitate decision-making capabilities, build learning organizations (through a learning routine) and … There is no doubt that cybersecurity is an important issue for America, other nations, the private sector, and individuals. This was a very strong statement showing the importance of human resource in an organization. Is there regular security awareness training? A threat has not yet occurred (i.e., there is the potential of it occurring), but an incident is an event that has already occurred. The brain tells the rest of the body what to do. What is the loss, harm or damage that resulted from the incident? To be clear, being proactive about the sharing of information involves situational awareness and communication across the organization with all hands on deck. This individual will be able to understand, communicate and/or investigate the security incident at a technical level. 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