Toronto Electricians and Electrical Contractors

Cybersecurity Blog Series Part 1 One year ago cybersecurity experts discovered the world’s first known cyberattack on a safety instrumented system. Some called it Triton. Others named it TRISIS. Still others, Hatman. Yet regardless of the name, everyone agrees that it prompted a call to action for every industrial process and manufacturing enterprise in the era of the Industrial Internet of Things (IIoT). What was once considered theoretical became a real threat to every industrial safety system, everywhere in the world, no matter who designed, engineered, built or operates it. Where do we go from here? As a director of cybersecurity and architecture at Schneider Electric, I have been intimately involved in the Triton investigation, exploration of the attack’s industry-wide implications, and steps to strengthen resiliency both in the here and now and for tomorrow. I am encouraged by the progress made over the last year, yet there is more work ahead. In fact, building cybersecurity r...

Technology is rapidly transforming the way global business is done – from the amount of data housed centrally to how services are delivered locally at the edge. This acceleration is particularly visible in banking and finance where the traditional bank branch is transforming into a digital branch, and services are delivered directly to the end user via new digital technologies, much like how the IoT is being deployed in traditional retail with kiosks and self-service information. Traditional banks branches where customers queue at the bank counter are quickly being replaced with digital branches.  Image by © Hiya Images/Corbis While edge computing applications are not new to the banking world , there is an identifiable acceleration at work. Consider the incremental demands for more traditional banking services over the last decade such as high-frequency trading, smarter ATMs and video tellers – all pushing the need for more bandwidth. Watch my latest video to learn more about ...

The hype around the Digital Transformation can be overwhelming, causing many well-intentioned operations to jump into something before they really have evaluated what it is they want to achieve.  The result?  Wasted resources, wasted time, and wasted opportunities. To be fair, the fault may not lie in the platform that was chosen, but rather in the thinking about what was required in the digital transformation. Thinking that may only require answers to three simple questions, “How are we going to achieve the 3E’s ”: Effective : is the system doing the right thing – contributing to the higher-level goals? Efficacy :  is the system providing the desired result? Efficient: is the system using the minimum of resources? So how should we think about attacking the digital transformation then? Part of the answer lies in the fact that operations professionals need to contribute to the success of a digital transformation by using the tools they have always used to ideate,...