📋 Tender Overview
With the ever-increasing rise in cybercrime Genetec Inc. Genetec a leading technology provider of unified security public safety operations and business intelligence solutions is cautioning organizations of all sizes to be vigilant about the cybersecurity risk posed by legacy access control systems. Many organizations are operating with access control systems that date back 10 years or more. While these older systems still allow employees to badge in and out theres a very high likelihood that these systems employ technologies that are extremely vulnerable to modern cyber threats says Christian Morin Vice President of Product Engineering and Chief Security Officer at Genetec Inc.Vulnerabilities in legacy access control systems can introduce cybersecurity weaknesses that may put an entire organization at risk. Cybercriminals can exploit weaknesses in access control system credentials controllers servers readers or workstations connected to the network. Once a cybercriminal has breached access control system credentials they can then move on to an organizations network and can gain control of other building systems view or steal confidential information from internal records or launch attacks designed to take key systems offline.Companies that are affected pay a heavy price the average cost of a data breach rose from USD 4.24 million in 2021 to USD 4.35 million in 2022. Hence its never been more important for organizations to be educated on the risks associated with legacy systems and the advantages that new cybersecure access solutions can offer.
