Forbes Recognizes MRINetwork for the Eighth Year in a Row

MRINETWORK Recognized by FORBES eight years in a row.

Each year since 2016, Forbes — a global leader in business news and information — has surveyed thousands of HR managers, hiring authorities, job seekers and external recruiters to answer a simple question: “Who are the best recruiting firms in the U.S.?”

For the seventh consecutive year, MRINetwork has been recognized as an elite performer among the thousands of executive search firms meeting Forbes criteria in “filling positions with salaries of at least $100,000.” In fact, Forbes and their survey partner, Statista, has not only ranked MRINetwork for 2024 in the top 10 for America's Best Executive Recruiting Firms, but also awarded recognition for MRINetwork in their America's Best Professional Recruiting Firms, and America's Best Temp Staffing Firms categories.

We are proud to receive this designation for the eighth consecutive year.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com #thetrevigroup

How the Cybersecurity Industry is Hiring More Women and Impact on the Workforce

(Pixels)

According to WiCys, women only represent a quarter of cybersecurity staff. While inclusion and diversity are vital to the success of any industry, it's especially relevant in cybersecurity. Cybercriminals come from different backgrounds, so it's essential to have diverse professionals acting on these threats. Hiring more women in cybersecurity can improve teamwork and reduce the vast skills gap. Read on to learn why there are few women in cybersecurity and how hiring more could benefit the industry.

Only 25% of Cybersecurity Professionals are Women.

Many STEM careers have few women despite years of fighting for inclusion. This is especially obvious in cybersecurity, where only a quarter of the workforce is female in 2023.

While this is low representation, it's still an improvement from 2019, when women represented 20% of the cybersecurity workforce, and worlds apart from 2013, when a measly 11% of the cybersecurity workforce was female.

The cybersecurity industry is one of the few fields that still battles inclusion and diversity staff. Not only are women underrepresented, but ethnic staff only represent 22% of the workforce. This is puzzling, considering the cybersecurity industry has a skills gap of 3.7 million unfilled jobs.

Why Are Women Still Underrepresented in Cybersecurity

While women have made considerable strides in previously male-dominated fields like astronomy and engineering, cybersecurity has been a hard nut to crack for a few reasons:

Gender Disparities in STEM

There's sufficient evidence that women are disadvantaged in STEM education, a stepping stone into a cybersecurity career. Many female students are discouraged from taking STEM courses, diverting their ambitions from engineering, science, and tech careers.

Inadequate Role Models

The lack of visible female role models in the cybersecurity industry has discouraged many girls from pursuing their goals in the cybersecurity field. With only 11% of women in cybersecurity in 2013, the industry was male-dominated, with only a few women to look up to. However, there's been a steady rise in female leaders in tech, including Jen Easterly, the director of the Cybersecurity and Infrastructure Security Agency.

These women have been fighting tirelessly for inclusion and diversity and are responsible for the 14% increase in women's representation in cybersecurity in the past 10 years.

Public Perception

Due to the media's portrayal of cybersecurity experts as young men in hoodies in a dungeon, there are a lot of myths and wrong perceptions around the career that keep women out.

For instance, there's the perception of long hours and high-pressure environments in cybersecurity. This discourages women with caregiving responsibilities from taking an interest in the field.

Why We Need More Women in Cybersecurity

The cybersecurity industry has a massive skills gap, so we need as much talent as possible. Here are a few advantages of having more women in cybersecurity:

Diverse Skill Sets

Women have many unique skills that could benefit the cybersecurity industry. These include attention to detail, practical communication skills, and analytical thinking.

Improved Teamwork

According to a 2016 McKinsey & Company report, teams with diverse members were likely to be more financially successful. Having diverse points of view can improve a team's problem-solving and decision-making abilities, which is essential in the cybersecurity industry.

Social and Ethical Considerations

Ethical and social dilemmas often face the cybersecurity industry. Increasing diversity will bring more voices to decision-making and oversee inclusive security resolutions.

Bottom Line

While women are still underrepresented in cybersecurity, diversity in the industry has significantly improved in the last decade. Join the growing movement by increasing diversity in your company and experience the benefits of having well-rounded teams. Follow MRINetwork for more related topics and insights into the future of hiring.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

#thetrevigroup #recruitingtrends #informationtechnology #employmenttrends #jobmarket #hiringtrends

Hiring Cybersecurity Professionals During a Labor Shortage

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There are now 4.7 million people working in the global cybersecurity industry — that's more cybersecurity professionals than ever before. However, the sector still needs more than 3.4 million workers to fill an increasing number of job roles. This shortage makes it difficult for HR managers to recruit the staff needed to protect their company's systems, networks, and other IT infrastructure. In this article, learn the reasons behind the current drought of cybersecurity experts and how to recruit individuals with expertise for your organization.

Why is There a Shortage of Cybersecurity Professionals?

There are a range of reasons for the current cybersecurity worker shortage, including a growing lack of interest in IT among young people, a lack of skills to handle the latest cyber threats, and burnout among cybersecurity professionals.

Young People are Choosing Other Careers

In the past, cybersecurity was a popular career path among college students. However, there's currently a lack of interest in this role from young people entering the job market.

Perhaps that's because other technology positions offer higher salaries than cybersecurity jobs. The average income for a cybersecurity analyst in the United States is $96,955 a year. While this salary is well above the national average, a data scientist can earn considerably more, with the average income for this job amounting to $137,212 a year. Other higher-paid positions like data engineering and AI engineering might mean fewer young people want to enter the cybersecurity field.

A lack of skills to manage the latest threats

Hackers are getting smarter, with new types of cybersecurity threats emerging all the time. As a result, cybersecurity experts should continuously learn skills and find ways to protect their organizations from dangers. However, many cybersecurity professionals lack the talent to manage the newest threats, making them less desirable than their more experienced peers. That increases the demand for the most qualified cybersecurity workers, especially when there aren't enough of these individuals on the market.

Burnout Research shows that 84% of cybersecurity workers in North America experience burnout. Several factors increase stress levels for these professionals, including working long hours, a lack of resources, and the pressure to come up with critical IT solutions for companies. Burnout can be detrimental to the industry and cause individuals to leave their cybersecurity jobs. That increases the number of available positions for experts on the market.

How to Find Cybersecurity Professionals

It's harder than ever to source the right cybersecurity experts for your company. Follow the tips below to increase your chances of securing top talent:

Post opportunities on cybersecurity job websites Job boards like CybersecurityJobs.com and Infosec-Jobs.com let you connect with cybersecurity experts, helping you find the right person to fill your open position. You can view resumes from individuals and message them directly on these platforms, improving your talent search. Alternatively, you can post a vacancy on social media and find the best professional for your team.

Consider professionals in remote locations

If most of your infrastructure is in the cloud hiring a professional from a remote destination makes sense. In the global economy, you can work with cybersecurity specialists based in any location in the world and achieve the same outcomes as keeping an expert in-house. For example, finding a qualified individual in a country with a cheaper standard of living could mean they ask for a lower salary, saving you money.

Work with an employment agency

The best employment agencies remove the work associated with filing a cybersecurity role in your organization. These agencies have links with the best experts on the market and can attract them to your company with advanced recruitment strategies, such as showcasing the benefits of working for your team.

Hire Cybersecurity Experts Now

Despite the current labor shortage, there's no reason why you can't find the cybersecurity professional you need. Post your vacancy on industry-specific job boards, consider hiring from abroad, and work with a reputable employment agency to optimize your talent search.

MRINetwork is a leader in cybersecurity recruitment, helping you find the best talent to protect your organization from threats. Follow The Trevi Group to learn more about hiring, cybersecurity, and other topics.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

#thetrevigroup #recruitingtrends #informationtechnology #employmenttrends #jobmarket #hiringtrends #Cybersecurity #cybersecurityjobs

The Future of Hiring, Challenges of HR Directors in Cyber Security: DevSecOps Integration

The human resource department in any organization plays a critical role in cyber security. HR is privy to some of the most sensitive information. This department holds a company’s banking details, the list of employees, their birth dates, and social security numbers. Hackers and other cyber criminals crave this kind of information, necessitating HR directors to devise ways to keep data safe.

One of the most practical ways HR could improve an organization’s cyber security is in the hiring process. As an HR head, you must ensure you’re not hiring someone with a dubious record. However, you should conduct the hiring process above aboard; otherwise, you risk getting accused of discriminatory practices. In this blog, we’ll discuss the hiring challenges that HR directors face in DevSecOps integration.

Importance of DevSecOps in Cyber Security

The first practical step to secure an organization’s cyberspace is during software development. Usually, the end product is secure and efficient when the software development lifecycle (SDLC) is appropriately structured. Many companies today employ DevSecOps in software development to achieve these critical objectives.

DevSecOps refers to integrating security testing into the entire software development process. The acronym stands for Development, Security, and Operations. DevSecOps is an advancement of DevOps, the software development method that preceded it.

When companies use DevOps for software development, they implement security at the end of the process. While it made sense to isolate security from development and operations in the past, the rise in cloud computing has made it more feasible to integrate the three processes.

Using DevSecOps in the SDLC process has distinct advantages. The integration enables organizations to:

• Save time as the organization undertakes the entire process through short cycles

• Minimize disruptions that are common with DevOps

• Identify security threats early

• Respond quickly to identified threats.

While DevSecOps is the ideal software development strategy, companies need to catch up in adopting it. Most organizations globally intend to implement DevSecOps, but by 2021 only 30% of surveyed companies had implemented it.

However, the slow implementation does not cast doubts about DevSecOps’ popularity. While the DevSecOps market value was $3.73 billion in 2021, market surveys projected it to increase to over $40 billion by 2030. So, what factors have contributed to the slow implementation of a system that has attained such global popularity? What challenges will you likely encounter as an HR director in DevSecOps integration?

Challenges That Affect DevSecOps Implementation

DevSecOps implementation is prone to a host of challenges, including:

Change Resistance

In every organization, you’ll find plenty of people who are defenders of the status quo. Since this is a relatively new software development method, HR directors might have difficulty getting different departments to cooperate. Some departments might perceive this collaborative effort as a compromise to their autonomy. Consequently, resistance to change could hinder successful implementation.

Limited Resources and Staff Knowledge Gap

Implementing DevSecOps is costly, and many organizations need more resources for implementation. While a substantial portion of the implementation cost will be staff education, many organizations have limited training budgets.

Since implementation requires cooperation by employees from different departments, the knowledge gap between staff members from other departments could pose a significant problem. While the developers could possess excellent coding skills, they might lack other critical security skills, such as development skills. Therefore, training different expert teams to get on the same page is costly and time-consuming.

Cloud Infrastructure Complexity

Many large organizations have hundreds of cloud accounts. The different accounts could be using a vast range of cloud services. Frequent changes in the cloud could prove disruptive to the company’s business as it might have to try very hard to keep up.

Getting the Right Staff for Your DevSecOps Project

Staff quality is critical in the success or failure of an organization’s DevSecOps project. As an HR director, you must get the best available workforce. If you’re using current employees for the project, ensure they get adequate training. To help your organization overcome DevSecOps integration challenges, contact the professionals at The Trevi Group.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

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Building a Resilient Incident Response Plan for Corporate Security

(Adi Goldstein/Unsplash)

Corporate security is a top priority when it comes to safeguarding the data systems and communications of your organization. Threat actors continue to develop sophisticated cyber attacks that compromise some of the most well-established cybersecurity infrastructures, with industry studies revealing that over six million data records were exposed to data breaches in the first quarter of 2023 alone.

A resilient incident response plan enables your company to react effectively against the evolving tactics of malicious parties aimed at evading security controls. But how do you build one?

Defining Roles and Responsibilities in Incidence Response

Incidents require swift responses. One crucial aspect of ensuring this lies in clearly defining the roles and responsibilities of your incident response team. A well-established set of duties enables teams to focus on their respective roles efficiently in high-pressure environments.

While resilient incident response teams may comprise different structures, they typically include the following contributors:

• Incident Response Team Leader/Manager: The head of the incident response team with the overall responsibility to oversee the decision-making during a crisis. Leaders ensure that teams follow the outline of a response plan in coordinated efforts to resolve and mitigate ongoing issues.

• Responders: The team members responsible for handling the operational and technical duties in mitigating the identified issues.

• Communications Lead/Manager: These team members offer the skills and expertise to handle every aspect of incident response communications. They ensure smooth communication among internal and external stakeholders and strategically release information to the public.

• Scribe: The team member responsible for logging the comprehensive details of an incident for documentation and investigative purposes.

• Customer Support Lead: Team members tasked with communicating with the public and providing the assurance of ongoing efforts in fixing the issue.

• Social Media Lead: These contributors manage the social media channel updates during incident responses, working closely with customer support leads in collecting timely customer feedback and responding strategically.

• Forensic Analyst/ Problem Manager: Experts who examine the root cause of the incident and brainstorm for strategic measures to prevent reoccurrence.

Establishing Communication Channels and Escalation Procedures

The next step of a resilient incident response plan involves a clear breakdown of communication procedures and informing each involved role about the expected escalation steps and response times. A robust escalation process should begin with a formal activation procedure for your incident response team. Consider implementing an alerting mechanism that triggers alerts across multiple communication systems to mobilize response teams during a detected incident.

Communication is Key

Your team’s communication manager should rapidly notify the public to prevent any speculation among external stakeholders. External parties may form foregone conclusions with the lack of data which could compromise your corporate image. As such, it is important to present clear and concise information when presenting the issue to the public. Managers should work closely with technical teams for accurate details and apply strategic language (written and verbal) in managing public concerns.

Your team should consider implementing a pre-approved communication template to expedite responses during a time-sensitive situation. These templates should outline the general communication details (i.e., quality, channels, response times, and frequency) for an incident response while teams can quickly customize fields based on incident specifics.

Conducting Regular Tabletop Exercises to Test the Effectiveness of the Plan

It is important for your incident response team to constantly test and improve the effectiveness of your plans. Tabletop exercises enact the environment, threats, and considerations in a simulated incident for accurate response.

Regular tabletop exercises help you identify the response times of individual members and identify weaknesses, mistakes, and areas for improvement that could undermine an actual operation. Your team should also monitor critical incident response metrics to accurately measure the effectiveness of team collaboration. These metrics may include the speed of identifying and responding to the root cause of an incident, the time taken for leaders to reach a specific decision (such as broadcasting information across social media channels), and the quality of documentation.

Documenting Lessons Learned and Continuously Improving The Plan

Your response team should make a detailed and reliable record of each outlined issue in your tabletop exercises and take proactive measures to prevent them. For example, in a simulated scenario of regulatory and compliance breaches, your team could improve the response times in the reporting and remediation of legal requirements. Similar to a routine fire drill, repeating these exercises minimizes the risk of missteps that might disrupt or delay your crisis response.

It is crucial to conduct a post-incident meeting with every involved party to discuss the lessons learned and follow-up action to avoid future incidents. These meetings apply to tabletop exercises and actual incidents. Every participant should contribute by highlighting the key learning points and assessing practical methods for strengthening existing security systems.

Coordinating with External Stakeholders

Finally, your incident response team should discuss and decide if there is a need to involve law enforcement. The decision depends on the severity of the situation, and if the issue can be resolved by internal investigative teams. Your incident response plan should assign the person or parties with the authority to notify law enforcement and the criteria for doing so. Teams should also consider working closely with a trusted external legal advisor to decide the best course of action.

An experienced counsel can assess the situation from a legal perspective to justify the cost, efforts, and potential complications involved in pursuing law enforcement. It is important

to note that law enforcement could increase public attention toward the incident, which would require strategic stakeholder communications.

Closing Thoughts - Optimizing Corporate Preparedness With Incident Response Plans

Ultimately, it is important to recognize cybersecurity issues as more than a technical issue but one that undermines an organization as a whole. Preparing your corporate team for the unexpected ensures the swiftest and most coordinated responses in the worst-case cybersecurity scenarios. By doing so, your company can stay resilient and productive in a digital landscape of constant cyber concerns.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

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Mitigating DDoS Attacks Through Protocol Protection

Distributed Denial of Service (DDoS) attacks occur when traffic to a network is disrupted. These attacks have evolved and grown in sophistication in recent years.

Understanding the role of network protocols and leveraging protocol-specific security features are crucial elements of implementing an effective cyber security plan. It’s also necessary to ensure you’re hiring the right individuals for each security role in your organization.

The Role of Protocols in Mitigating DDoS Attacks

Protocols are the backbone of a network system that safely facilitates communication and the data transfers between devices. 

For example, the Transport Layer Security (TLS) ensures communications remain secure and unaltered. Secure shell (SSH) provides secure file transfers and remote login across unsecured networks. Secure HyperText Transfer Protocol (SHTTP) includes several security measures such as establishing firewalls and creating strong passwords.

Correctly setting up these network protocols ensures that all devices are as secure as possible from cyber attacks, including DDoS attacks.  This means an organization must have employees who understand how network protocols operate together to reduce and eliminate DDoS attacks. You’ll therefore want to create a hiring strategy to ensure you always have the best employees managing your cyber security strategies. 

Techniques for Detecting and Blocking Malicious Traffic

The following are general steps to take when implementing network protocols for detecting and blocking unwanted traffic.

  • Recognize Unusual Traffic Patterns: This includes anomaly detection and heuristic analysis to identify abnormal traffic patterns. Machine learning algorithms are more advanced methods of detecting malicious traffic.

  •  Include IP Address Blocking and Black Hole Routing: IP address blocking is particularly effective against brute force attacks. Black hole routing is a method of discarding traffic without processing it.

  • Train Top Employees: Hiring the best IT professionals and maintaining training in the latest cyber security and network analysis methods is crucial. You may consider contract staffing and interim placements when hiring top talent to fill cyber security positions.

Implementing Rate-Limiting Controls at the Protocol Level

Developing and implementing rate-limiting controls is something only an experienced cyber security professional should handle because of the complexities involved. This starts with knowing which of the following rate-limiting systems to use.

  • Server Rate-Limiting: This includes limiting the requests made to an individual server within a particular time frame. This method helps reserve resources.

  • IP Rate-Limiting: This type limits the amount of requests within a certain time frame. It specifically blocks requests from individual IP addresses.

  • Geography Rate-Limiting: This method limits requests from regions or specific areas. This can help you remain legally compliant within certain areas.

There are several algorithm types a cyber security specialist can use when implementing rate-limiting.

  • Leaky Bucket Algorithm: Excess requests leak out when the bucket is full. Overflowing requests are rejected or delayed.

  • Token Bucket Algorithm: Tokens in a bucket are removed as requests are made.  Requests are rejected or delayed when tokens are all used.

  • Fixed Window Algorithm: This involves a counting algorithm that blocks requests within a fixed timeframe after reaching a certain amount.

Leveraging Protocol-Specific Security Features

You’ll need to determine what security features you’ll use and where they’ll fit into your overall network protocols protection plan. The following are several specific cyber security features you may want to use. 

  • Encryption Algorithms: These programs convert unencrypted text or data into encrypted. The most basic encryption protocols include TLS/SSL, IPsec, and Secure Shell.

  • Access Controls: Access controls validate each user’s identity. Access control protocol examples include Attribute Based Access Control (ABAC), Discretionary Access Control (DAC), and Mandatory Access Control (MAC).

  • Network Protocol Tools: This includes customizing a Web Application Firewall (WAF) and installing, maintaining, and updating mitigation software

  • Key Management: Secure key exchange ensures only intended receivers decrypt communication.

  • VPN Installation: Using a Virtual Private Network enables employees to access a network safely outside of your facility.

Collaborative Defense Strategies for Combating DDoS Attacks

There are several ways collaborative efforts can reduce or eliminate DDoS attacks. The following are a few examples.

Following Government Regulations: Knowing and adhering to all federal and local regulations will help keep your systems as safe as possible.

Working With Law Enforcement: Both the FBI and Homeland Security provide helpful information and resources for combating DDoS attacks.

Working With Security Vendors: Organizations should work closely with companies and individuals who can offer the best cyber security strategies to combat DDoS attacks. This includes finding an experienced recruitment firm to fill all your cyber security staffing needs.

Contact The Trevi Group

You need expert leaders in the cyber security field to ensure your information systems and network protocols are as secure as possible. The Trevi Group can partner with your company in the recruitment process. We have over 16 years of experience and over 200 firms in dozens of countries. Contact us today for more information.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

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BLS Employment Situation Report -- published September 6, 2024

Today’s Bureau of Labor Statistics Employment Situation Summary (BLS) data has been eagerly anticipated by an unusually broad spectrum of audiences. Politicians are ready to interpret results to favor their candidate in the November presidential elections. The report on hiring and employment in August will be pivotal in shaping any Federal Reserve Bank interest rate adjustment later this month, and business leaders will be looking for clues on the overall trajectory of the economy as they make forward-looking investment decisions. The BLS report had a little something for everyone with what might be characterized as a “steady as she goes” report.

The BLS reported total nonfarm payroll employment increased by 142,000 in August, slightly below analysts’ expectations, while the unemployment rate changed little, easing back to 4.2 percent. Employment growth in August was in line with average job growth in recent months but was below the average monthly gain of 202,000 over the prior 12 months. While the August numbers were close to expectations, the previous two months saw substantial downward revisions. The BLS cut July’s total by 25,000, while June featured a downward revision of 61,000.

“As politicians and economic analysts pour over today’s jobs report to understand current job creation and unemployment trends, it might be useful to look below the surface data at critical factors reshaping today’s white collar employment landscape. Our MRINetwork of over 1000 talent consultants see both clients and candidates continuing to wrestle with one of the most contentious factors in U.S. workplace transformation, work-from-home versus full time return to the office,” noted Rick Hermanns, president and chief executive officer of HireQuest Inc., parent company of MRINetwork.

“Many of our clients point to internal studies that show a mixed bag of benefits and challenges generated by remote work as they search for the right balance of productivity growth, and employee retention and satisfaction levels. And many top performers that our consultants guide in their career development journey are often conflicted by the seeming trade-off of career advancement versus lifestyle advantages in a work-from-home environment.

Pew Research indicates that today over 42 percent of workers are working exclusively from home or are in a hybrid environment. While down from a Covid lockdown high of 71 percent, it's apparent that a shift to remote work is not a temporary emergency measure. It’s a fact that the 64 percent of the 1,300 CEOs surveyed by KPMG who expect all workers will be back in office by 2026 will need to deal with. Don’t expect any one-size-fits-all resolution in the short term. As a top individual performer or as an innovative corporate organization, be prepared to adjust as the marketplace searches for the optimal workplace model.”

Wall Street Journal reporter David Uberti summarized the clarity the market was looking for in today’s numbers, “A month ago, the weaker-than-expected July hiring report rekindled fears of a slowdown. New claims for unemployment are elevated. Job openings have slipped. Wage gains are slowing. The streak of cool economic data startled Wall Street in early August and contributed to a global selloff that briefly thrust the record-breaking U.S. stock market into one of its most volatile periods in years.

The big question in recent weeks has been whether the summer jolt was momentary—perhaps a result of Hurricane Beryl curbing hiring—or evidence of a broader deceleration of the economy. Analysts are looking to Friday’s jobs report for clues.“

Reuters Lucia Mutikani’s analysis provided context to the seasonality factors associated with the August data, “U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued and probably did not warrant a big interest rate cut from the Federal Reserve this month. The smaller-than-expected increase in payrolls likely does not signal a deterioration in labor market conditions. August payrolls have a tendency to initially print weaker relative to the consensus estimate and recent trend before being revised higher later. Hiring typically picks up in the education sector, which is anticipated by the model that the government uses to strip out seasonal fluctuations from the data.”

Key industries reported the following trends in August:

Construction employment rose by 34,000 in August, higher than the average monthly gain of 19,000 over the prior 12 months. Heavy and civil engineering construction added 14,000 jobs, and employment in nonresidential specialty trade contractors continued to trend up (+14,000).

Healthcare added 31,000 jobs in August, about half the average monthly gain of 60,000 over the prior 12 months.

Employment in manufacturing edged down in August (-24,000), reflecting a decline of 25,000 in durable goods industries. Manufacturing employment has shown little net change over the year.

Employment showed little change over the month in other major industries, including mining, quarrying, and oil and gas extraction; wholesale trade; retail trade; transportation and warehousing; information; financial activities; professional and business services; leisure and hospitality; other services; and government.

"Work-from-home policies will continue to evolve as companies search for the right balance to increase productivity while bolstering overall employee retention.

Within this changing landscape however, our Network's top talent advisors counsel aspiring high performers to focus not just on short-term benefits from remote work arrangements but on driving their career advancement and generating business growth for their organizations in a challenging new role," noted Hermanns.

If you are interested in reading the HireQuest Inc. white paper entitled, Navigating Remote and Hybrid Work: Impacts on U.S. Companies and the Economy, share your information here to receive it in your inbox on release day in the coming weeks.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

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What You Need to Know About AI Washing

A new term has emerged, capturing the attention of industry insiders and regulators alike: AI washing. This term has been coined to describe the misleading practice of overemphasizing AI capabilities in products or services, often resulting in consumers believing that the product uses AI-powered technology. And as investments continue to pour into the AI field, AI washing is becoming a growing concern among stakeholders.

There are several major issues with AI washing that can cause the practice to bring harm to the marketplace. First, it can mislead consumers and investors. You could fall victim to AI washing and find yourself paying for or investing in services that are highly overvalued due to buzzwords and misleading statements. Another issue is that AI washing can harm public trust, resulting in the overshadowing of genuine AI advancements. Finally, it can create a cluttered marketplace where true innovation struggles to stand out against the tide of false claims.

Vetting businesses that claim to use AI can be time-consuming. But simple things, such as doing a LinkedIn search, can help you uncover valuable insights into an organization’s profile. Look at the level of AI experience and education that the vendors’ employees have. Companies that are developing AI solutions should have the right talent on board, meaning they have data scientists and engineers with experience in AI, machine learning and algorithm development.

Companies that truly integrate AI into their products need a well thought out data strategy because AI algorithms need it. AI systems are fueled by very large amounts of data, and the more relevant that data is, the better the results will be. They should be able to explain how much data is being collected and from what sources.

When comparing products and services, it’s essential to evaluate them with an open mind, looking at their attributes thoroughly. Study the value proposition and features and only start cooperation when you understand the program’s benefits beyond AI.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

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Data Security Compliance

All industries must follow established standards and legal regulations for the appropriate handling and storage of data. The data security compliance regulations that apply depend on where a company is registered and where it conducts business.

What is Data Security Compliance?

Data compliance is the adherence of an organization to the laws and standards governing the security and protection of sensitive data.

Data security compliance is a branch of data compliance that specifically refers to securing and protecting this sensitive data from breach and theft.

Complying with data security measures means companies must document and implement security practices as compliance proof.

Data security and compliance strategies often include:

  • Data classification according to its sensitive nature

  • Encryption of sensitive data

  • Access control implementation

  • Data backup creation in the event of loss

  • Documentation of all data security compliance measures

  • Ongoing audits and updates to continue meeting requirements as needed

Data compliance vs. data security compliance

Sometimes these two terms are used interchangeably. While related, data compliance is all activity related to data handling compliance standards

Data security compliance, on the other hand, is a finer-grained subset of data compliance that deals with the specific measures an organization takes to protect sensitive data from illicit access, security breaches, and other cyberthreats through the use of firewalls and other data protection methods.

What Regulations Must Organizations Comply With?

All organizations must comply with the data security compliance regulations of the industry and region in which the company is registered and any areas in which it does business, such as:

  • GDPR

  • HIPAA

  • PCI DSS

Here’s a breakdown of these data security compliance regulations.

General Data Protection Regulation (GDPR)

The European Union enacted GDPR as a sweeping data privacy regulation to protect EU citizens’ personally identifiable information (PII). GDPR’s compliance obligations are strict, mandating transparency among all organizations within Europe — and those doing business with European citizens — regarding how the companies collect data and how it’s used so citizens have more control over PII.

One of the greatest features of the legislation is its stance against businesses that do not comply. Businesses found non-compliant face substantial penalties for failing to meet GDPR’s privacy and data regulation compliance criteria. Fines for non-compliance are as high as 4% of a business’s annual income worldwide or €20 million — whichever amount is higher — causing organizations around the world to rethink data collection practices and data handling measures.

HIPAA

HIPAA, the Health Insurance Portability and Accountability Act, is legislation from the United States. HIPAA became law in 1996 and established rules and procedures for healthcare practices and other businesses that come in contact with a patient’s private medical data or personal health information, known as PHI.

Any entity considered “covered” by a HIPAA category must uphold the legislation’s standards for data security compliance. 

Covered entities include:

  • Doctors, nurses, and other healthcare providers

  • Agents, customer service representatives, accountants, and other individuals in the employ of insurance providers

Any associates that do business with the above two entity categories and have access to private health information, must also remain in compliance, including (but not limited to):

  • Data transmitters

  • Medical transcriptionists

  • Software providers

PCI DSS

In recent years, theft of credit card information has risen. Somewhat like HIPAA for healthcare, the payments industry introduced PCI DSS, or the Payment Card Industry Data Security Standard, in December 2004. 

PCI DSS sets forth guidelines for protecting consumers’ credit card information. PCI DSS is not legislation by any government — instead, it’s a set of contracts imposed upon any entity engaged in accepting credit card or debit card payments from consumers. The Payment Card Industry Security Standards Council (PCI SSC) enforces these contractual commitments. However, PCI DSS does not apply solely to the business accepting the credit/debit card payment. 

Compliance extends to any entity that comes in contact with credit card information, including entities that:

  • Accept data transmissions

  • Store card data

  • Transmit card data

Even if a business uses a third-party payments company to facilitate credit/debit card payments, the business must still comply with PCI DSS. For example, an eCommerce store that accepts card payments through Stripe is still responsible for the secure acceptance, storage, and transmission of all credit or debit card payment transactions even though Stripe facilitates the payment. 

All businesses accepting card payments can benefit from creating internal credit/debit card transaction policies and processes to meet PCI DSS compliance.

Data Security Compliance Training for Staff

Training employees on data security compliance is essential. But successful training relies on:

  • Figuring out which topics your staff requires training in

  • Finding the right training program or materials (or even building your own)

  • Preparing a doable training schedule

If you build your training program, you’ll likely have upper staff lead individual modules. But if you select a third-party training program, it’s important to know who you’re working with. Vetting your partner vendors is essential because if vendors aren’t compliant with data privacy legislation and regulations, you could be found non-compliant by proxy.

Safeguard Your Data with MRINetwork

If your organization handles any form of sensitive, private data, data security compliance is essential. Your business must create policies and procedures to ensure it meets all applicable requirements, and that employees understand data security compliance measures.

The Trevi Group and MRINetwork has successfully placed over 300 cybersecurity professionals since 2021, many of whom possess transferable skills from other sectors. Our success stresses the importance of a well-planned hiring strategy as cloud security evolves.

Read our blog for more insights into a wide range of industry trends.

Learn more:

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

#thetrevigroup #recruitingtrends #informationtechnology #employmenttrends #jobmarket #hiringtrends

Candidate Training (FREE) - sponsored by The Trevi Group - Next session 10/1/2024

I am excited to announce that The Trevi Group & MRINetwork will providing a free training program for Candidates. This program is designed to help job seekers in their job search process and looking to advance their careers.  

Program Details:

  • Five training sessions, each focusing on a critical aspect of job searching

  • Open to all candidates, with no cost to attend

  • Hosted by our MRINetwork's Learning and Talent Development Team

 Session Schedule (all sessions run from 12 Noon to 12:30 PM ET): 

Resent Sessions:

  • Salary Negotiation:  Master the Money Talk - September 3rd @ 12:00 PM ET

  • Resume Advice:  Craft your Best Resume - September 17th @ 12:00 PM ET

  • Nail Your Next Interview:  Expert Tips and Strategies - October 1st @ 12:00 PM ET

  • LinkedIn Leverage: Tools to Boost Your Career - October 15th @ 12:00 PM ET

Our Upcoming Sessions:

  • Social Media Mastery: Elevate Your Professional Presence Online - October 29th @ 12:00 PM ET

We encourage you to take advantage of this free program and to attend these valuable sessions. This is an excellent opportunity to sharpen your resume, improve your job search strategy, elevate your online presence, and improve your overall interviewing skills and offer negotiation skills.

The Trevi Group | “Executive Search for Technology Professionals” | www.TheTreviGroup.com

#thetrevigroup #informationtechnology #jobmarket