Majority of digital workspace initiatives will fail to establish new ways of working through 2021: Gartner
By 2021, only one-quarter of midsize and large organizations will successfully target new ways of working in 80% of their initiatives, according to Gartner. New ways of working include distributed decision making, virtual and remote work, and redesigned physical workspaces. “Digital workplace initiatives cannot be treated exclusively as an IT initiative,” said Carol Rozwell, distinguished... By CIO&Leader
CIOs are prime victims in the security blame game: Study
Data breaches are becoming more serious as cyber criminals continue to target intellectual property, putting the reputation of company brand at risk and increasing financial liability. As a result of this, CIOs and CISOs are in a tight spot, constantly struggling to secure their organizations and protect them against breaches, says a new study, adding that they are often accountable for not being... By Sohini Bagchi
Global IoT security market to rise in the next four years: Study
The global Internet of Things (IoT) security market size will grow from USD 8.2 billion in 2018 to USD 35.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 33.7% during the forecast period, according to Markets and Markets study. Major factors driving the growth of the market are the increasing number of ransomware attacks on IoT devices across the globe, growing IoT security... By CIO&Leader
PaaS market to boom in the next three years: Gartner
There are key trends impacting platform as a service (PaaS) technologies and platform architecture in 2019 and beyond, according to Gartner. “The trends we see in PaaS both reflect and drive the trends in the continuous transformation of cloud computing and digital business,” said Yefim Natis, distinguished research vice president at Gartner. “As organizations embrace cloud... By CIO&Leader
Cybercriminals becoming more methodical and adaptive: Study
Cybercriminals are deviating towards a more focused approach against targets by using better obfuscation techniques and improved social engineering skills as organizations improve in areas such as time to detection and response to threats, according to Trustwave’s 2019 Global Security Report. Key findings from the report include: Asia Pacific and retail lead in data breaches... By CIO&Leader
Blockchain solutions spending in APeJ to rise in next two to three years: IDC
Blockchain solutions spending in Asia/Pacific excluding Japan (APEJ) will reach nearly USD 523.8 million in 2019, an increase of 83.9% from the USD 284.8 million spent in 2018, according to the IDC Worldwide Semiannual Blockchain Spending Guide. Furthermore, IDC forecasts blockchain spending in APEJ to grow at a robust pace over the 2018-2022 forecast period with a five-year compound annual... By CIO&Leader
Will RBI’s Regulatory Sandbox framework catalyze innovation in financial sector?
The Reserve Bank of India (RBI) has released a draft approach paper to roll out Regulatory Sandboxes (RS), a mechanism to facilitate technology-leveraged innovation in the financial sector in a controlled environment so as to contain any potential systemic risk arising out of the experimentation. The paper, titled Enabling Framework for Regulatory Sandbox, specifies the contours of India’s RS... By CIO&Leader
Only four in ten privacy executives confident about adapting to new regulations: Gartner
Adapting to an increasingly volatile regulatory environment is the top priority for privacy executives, with only approximately four in 10 confident in their current abilities to keep pace with new requirements, according to a Gartner. Their top five priorities highlighted the need to strengthen strategic approaches to engage with quickly shifting regulatory, technology, customer and third-party... By CIO&Leader
Majority of Indian consumers view security as key element of their online experience: Study
Trusted online relationships are based on businesses providing both a secure environment and seamless consumer experiences, according to Experian’s 2019 Identity and Fraud Report: Asia-Pacific Edition. With insights from almost 6,000 APAC consumers including India, the study revealed that majority (71%) value ‘security’ as the most important element of an online experience, followed by ‘... By CIO&Leader
BSE and Network Intelligence sign MoU to offer cybersecurity services to its members
BSE & Network Intelligence have signed a Memorandum of Understanding (MoU) to offer cybersecurity services to its members with regards to the cybersecurity framework set by SEBI. The services which Network Intelligence will provide to the members include: SOC Monitoring & Incident Response Governance Network & Data Security Application... By CIO&Leader
Global IT spending to increase in 2019: Gartner
Worldwide IT spending will total USD 3.79 trillion in 2019, an increase of 1.1% from 2018, according to Gartner. “Currency headwinds fueled by the strengthening U.S. dollar have caused us to revise our 2019 IT spending forecast down from the previous quarter,” said John-David Lovelock, research vice president at Gartner. “Through the remainder of 2019, the U.S. dollar is expected to trend... By CIO&Leader