Construction firms that work on large projects are obvious targets for cybercriminals. The motivation is clear – if you can take down a single construction firm and disrupt one of their building sites, the business interruption could easily cost them hundreds of thousands or even millions of dollars which they would never be able to recoup. Engineer Reddy Kancharla has some ideas on how to protect yourself from cyber-attacks.

Upon initiating an attack, cybercriminals typically begin with recon work – looking for clues about the target online through basic research so they can gather information about how sensitive/critical your data is and if it might be useful to them. Such research will allow them to choose the best type of attack for you, which could vary from simply trying to find and exploit a vulnerability in an outdated website CMS (Content Management System) to sending phishing emails.

One common form of cyberattack is called “phishing” – the art of essentially luring the victim into providing data which they would otherwise not provide or take action upon. A typical phishing attack would be an email that looks like it’s from your bank notifying you of the suspected fraudulent transaction, so you can click on the link in the email and provide additional details to verify your identity. This is only one kind of “phish,” though – here are some other examples,

· Phone call pretending to be IT at your company and claiming that they’ve found a vulnerability in your network

· Email from a reputable website (i.e., CNN) alerting you to an online survey, asking for information like your passcode or credit card number, etc.

There are no simple ways to protect against such attacks – simply putting up firewalls and antivirus software isn’t going to be good enough. For one, attackers may go after a trusted internal employee – an HR director, for example, and hack into the firm’s payroll database from inside the network. Additionally, most respectable companies have firewalls and antivirus software installed, but these programs require constant updates to still protect against new types of attacks. The frequency of updates is a key consideration when choosing a security solution – the more frequent, the better. Larger firms should look for an automated update system that can be scheduled during non-peak business hours not to interrupt your day-to-day operations.

Another way to protect yourself from cyber attacks is to ensure that you have a clear data classification policy, outlines the categories of information your firm deals with and specific ways that this information should be handled. Data classification policies are important because they give your employees guidelines on classifying and handling sensitive data. This topic might very likely never come up during their day-to-day work. What’s more, it helps you ensure that appropriate security measures are in place for different categories of data. I.e., only highly sensitive information like payroll data should be kept on servers with physical access protection (most firms use biometric readers or swipe cards to enter server rooms).

By 2025, the high-tech industries in most nations look set to change. A new wave of innovation is about to hit, and it’s all part of what many are calling the fourth industrial revolution. According to Northwestern Polytechnic University, technology breakthroughs are emerging, which are expected to make a big impact on employment, particularly in skilled jobs. So it might be time for some education and training updates.

According to a new research report presented at the World Economic Forum, nanotechnology and cyber security figure among the top skills that will be in demand in 2022. The report entitled “The Future of Jobs” predicts that 70% of children entering primary school today will work jobs that currently don’t exist. That’s why high schools need to be prepared with current learning materials.

The teaching of computer coding is set to become a larger part of the curriculum in most countries, especially due to the rise of driverless cars. “Experts predict that traffic accidents will drop by more than 80 percent when all vehicles are automated,” said Future Focused Institute’s Director of Research, Dr. Elizabeth Long Lingo.

Computer coding will also be important in other aspects of high tech, from helping robots communicate to making devices more energy-efficient, the report predicted. But, unfortunately, it’ll only get more complicated too, so it’s a good idea for teachers to try and drum up extra income by taking computer programming lessons themselves before they try to pass it on.

Teaching about the risks of cyber security breaches will also be crucial, as more electronic devices are used at home and work. Experts recommended that schools try and collaborate with local technology companies to ensure students understand how hackers might look to exploit them. Fortunately, computer programming can play a big role in making sure new products are hack-proof.

Teaching students about foreign cultures and languages is a big priority in high schools, with the world becoming more connected. However, with so many different dialects to teach in Asia alone, schools will have to consider investing in language learning tools to keep up with demand from parents wanting their children to gain a competitive edge when applying for universities.

What the Future Holds

“By 2030, the world’s technological landscape will be vastly different,” said Eric Nattinghouse of Future Focused Institute. “This is why high schools need to make sure they are prepared to teach our students properly. Learning about nanotechnology, the evolving Fourth Industrial Revolution, and cyber security will help them take advantage of these changes.”

He went on to say that teaching students about foreign cultures and languages will be a big priority in 2022. In the next few years, it’ll become quite common for children to learn Mandarin Chinese and English.

Lingering fears of artificial intelligence (AI) taking over jobs should also be considered by schools, especially since tech giants like IBM are looking at making smarter computers. “It’s only a matter of time before AI systems start making decisions about other AI-related tasks,” Long Lingo said.

If you are ready for the currency trading business, it returns profits to your effort. However, your trading fundamentals must be suitable for making profits. If there is any defect noticeable in your trading approaches, you will lose money from the business. And sometimes, the losses are prominent, and you cannot prevent them from happening. In that case, a trader should perceive the best preparations for his trading career. Especially during the preliminary stage of the trading career, a trader needs to take care of his trading strategies. If someone can use efficient techniques for money management and market analysis, his business will be profitable. That’s because he will predefine the best position sizing for a purchase. And that trader will also implement valuable precautions to the trades. As a result, there will be a low loss rate noticeable in the trading performance.

However, to experience a profitable trading career in Forex, every trader should make up the mindset. And with efficient trading strategies, the traders should develop their psychology. Thus, they can understand the market sentiments efficiently. Eventually, it will result in the most efficient trading quality that achieves an impressive win rate in this marketplace.

Mitigating the potential of losing money

To participate in the currency trading marketplace, traders need to secure their investment. It is crucial for the high volatility of this industry. Since the price charts are uncertain and unstable, traders cannot have confidence in a purchase. That is why everyone should take precautions with money management. It helps to reduce the risk exposure of the trades. And the traders can predefine a viable position sizing for their market analysis skills. Ultimately, it provides the most soothing trading experience in Forex.

As a result, everyone can protect the trading money from being lost. If a rookie tries winning instead of securing his capital, he will not control the investment. He will opt for the most insane size of lots and leverage ratio. As a result, the tension related to risk exposure will increase. Moreover, higher risk exposure will also increase the loss potential. Inefficient rookie traders increase the loss potential even more due to a lack of analytical skills. So, there is no value in avoiding safe money management in currency trading. Feel free to get more info at Saxo and learn to secure your capital in a strategic way.

Showing great effort in the market study

The market study is crucial for the volatile marketplace of Forex. As mentioned earlier, it is not simple for a trader to predefine profit potentials in Forex. In that case, a trader can only predefine the system for taking preparation. The system should support every precaution available for securing the investment. So, there is no alternative option other than position sizing. That is why a trader needs market analysis for the business. The money management will provide a suggestion to the risk-to-reward ratio. In the meantime, the market analysis helps to find the most suitable trade signals. In that case, a trader should learn how to research the markets efficiently.

Using valuable financial news and technical analysis techniques, every trader can prepare the most efficient trading plan. And it also provides the best protection to the purchases. As a result, traders can implement stop-loss and take-profit and call it a day. Ultimately, it results in the safest trading experience with the highest profit potential. But for a rookie trader, the most benefit comes in the form of low loss potential.

Implementing the crucial factors

Without implementing crucial factors in currency trading, a trader cannot protect the trading money. That’s because every fundamental element of currency trading has its purpose. Money management provides the most efficient risk exposure for a volatile marketplace. In the meantime, the market analysis helps to allocate crucial spots for opening and closing a trade. It also provides the best supports and resistances for implementing stop-loss and take-profit. Just like that, every trade execution should implement those elements for securing the trading capital. Otherwise, the losses in this business will be prominent.

Many people can agree that they are not quite as productive as they would like to be. After all, it’s easy to find yourself distracted with so many things going on on a day-to-day basis. However, if you’re consistently finding yourself wishing you had gotten more done at the end of the day, then you may not be reaching your full potential in your career. If you are looking to become even more productive, then take a look at some of the most practical tips for doing so.

Don’t Take On Too Much

One of the most common reasons why people become distracted is because they have too much on their plate. If you give yourself too much to do then you may find yourself dragging your feet to get started on a task. Before giving yourself too much to take on alone, ask yourself what you can realistically commit to. Decide when to outsource to a third party, and when it’s practical for your schedule. Finding a balance between what you can realistically take on and what you’d like to take on. You’ll find that you’re much more capable of getting things done by only giving yourself what you can do.

Reward Yourself

Rewarding yourself for hard work is a wonderful way to stay motivated. Working in spurts with the promise of a reward at the end can be incredibly motivating. Consider giving yourself a pot of gold at the end of the rainbow so to speak. By focusing on a positive reward at the end of hard work, you’ll be more inclined to perform even better.

Love What You Do

Sometimes you can’t force yourself to be productive when you simply don’t care about what it is you’re supposed to do. If you find yourself frequently falling behind on your work, it may have to do with your level of interest. When you find pleasure in your work, it never feels like you’re actually working. Consider changing careers if it means you’ll be better at what you do

Take Breaks

It may seem counterintuitive, however, taking breaks is a wonderful way to boost your productivity. When you give your brain a break, then you’ll recharge your battery and be able to work even harder when you get back to work. Productivity experts recommend taking several breaks of at least 10 minutes throughout the day.

It’s important to note that when you are working outside of a break, that you don’t allow yourself to succumb to any distractions. You should take full advantage of your breaks so that you can benefit fully from your work time. Ideally, you should get rid of any distractions when you’re not on a break to avoid break time spilling over into your productivity time.

Josh Melick has worn many hats throughout his career. First, as an engineer, he worked on some of the earliest mobile phone apps for managing field service operations. Then as a startup CEO, Josh wore the product leadership hat and helped grow Broadly into a ten-thousand user SMB CRM platform that Smith-Micro acquired in 2010. In the years since Josh has been a venture capitalist and startup founder in residence. But right now, he’s helping other entrepreneurs bring their ideas to fruition as a mentor in the Founder Institute, an early-stage incubator that helps entrepreneurs launch companies with sound business models.

We recently caught up with Josh to ask his advice for founders who are looking to hire their first employees.

Q: What do you base new hires’ salaries on?

Josh: “The most simple rule is that salary should be based on fair market value for the industry, skillset, and location of the role. Let me explain a bit further, though. I think there are many ways that founders can go about fair market value. One is to look at salary data on websites like Glassdoor or Salary.com. However, this can be challenging in early-stage companies without a lot of data because often the salaries are missing pieces of information, especially when you have an early-stage company that has raised less than $5 million in outside capital.”

“Another way to look at fair market value is by going to your local staffing agencies and seeing what they would charge for a candidate with the same skillset as the person you want to hire. If both options aren’t available, I think it’s okay to use a number you feel comfortable with based on research and personal knowledge. Still, I suggest that founders always err on the side of being generous.”

Q: How do you think about salary caps for new hires?

Josh: “I don’t know much about salary caps. Each time we’ve hired someone at Broadly, we just set the cap based on our current revenue and profits. Sometimes it was more than what we were paying a candidate, and sometimes it was less. It all depended on how much money we had in the bank (or more accurately, how much money we projected to have) at the time.”

Q: What’s your approach for bonus or equity incentives?

Josh: “My personal opinion is that bonuses are used best when you feel like you’ve really nailed the compensation number. This is especially true for higher-level roles like sales or marketing where you feel like you can show revenue goals and know what the bonus should be if the goals are met.”

Q: Anything I haven’t asked that you think is important to mention?

Josh: “I think that equity incentives are great but should be reserved for the very top talent. I also think it’s important to give a minimum amount of cash upfront, even if you have to take a small percentage away from the equity incentive.”