Five Important Security Trends in the Localization Industry
The localization industry translates, uploads, and stores highly sensitive data. As the market continues to grow, the risks become even greater. Data security is a serious concern for anyone using localization services.
One of the world's biggest oil and gas companies, Statoil, had a huge data breach. Data that had gone through their translation service was available through a simple Google search. This included information from private businesses as well as government organizations.
With the dangers constantly evolving, we look at some upcoming security trends in the localization industry.
1. Malware as a Service
Software for cybercriminals is becoming big business.
There are now online marketplaces where criminals can purchase the latest hacking tools or exploit kits. Other sites sell the hacked data itself. With big money to be made, malicious tech is developing at an alarming rate.
Expect there to be increasing use of Malware as a Service. Rather than purchasing malicious software, criminals can subscribe to a service so, as with other Software as a Service products, they will have access to all the latest updates. This means that whenever a vulnerability is found, criminals will be able to use the software to exploit it.
2. Cybersecurity Budgets Rise
As malicious software becomes more sophisticated, so too must cybersecurity solutions.
This inevitably means that cybersecurity budgets will rise. Cybersecurity firms will need to plow more money into R&D, and those costs will be passed on to the user. Since the cost of a data breach can be huge, most businesses will find that an increased cybersecurity budget is still a price worth paying.
This is where employing the services of a translation management system can save you time and money.
3. The IT Skills Gap
One of the weakest links in any cybersecurity system is the employees that use that system.
As cybersecurity becomes more complex, the skills required to properly operate within a cybersecurity system become more challenging. For many employees, there will be an increasing skills gap between their own IT level and what is required for a secure system. Training is one way to close this skills gap; outsourcing security to a TMS is another.
4. Data in the Cloud
More and more of our data is being stored and processed in the cloud rather than on local servers.
This offers many benefits to the localization industry, but also comes with its own set of cybersecurity risks. With local servers, you are responsible for keeping the data secure; with cloud services, you are relying on the quality of the security of a third party.
On the other hand, if you use a highly-secure cloud service, you don't have to commit the resources yourself to keeping the data secure.
5. CCPA Compliance for the Localization Industry
Something that will have a big impact in 2020 is the California Computer Privacy Act (CCPA) which went into effect January 1, 2020.
If you collect the personal data of California residents and meet certain other criteria, you will need to comply with the act. If you don't comply, you can be subject to large fines.
By using a TMS, you can outsource the responsibility of compliance and focus on your own business.
Are You Looking for a TMS?
If you're in the localization industry and looking for a TMS to help you keep your data secure, then look no further.
All network communications between memoQ cloud and desktop memoQ applications are encrypted. memoQ cloud relies upon Azure encryption (and so do memoQ servers that are hosted by memoQ Ltd.). Your data is backed up daily.
memoQ is committed to security development. For more details on memoQ server’s security aspects, contact us at sales@memoq.com.