Why do hackers love to target backups?
Cybersecurity is experiencing a fierce conflict between hackers and security experts as a result of the exponential growth in technology. On the other hand, tech-savvy criminals are upskilling themselves and breaking into networks that aren't properly secured, and accessing private information and data. New risks emerge every day and current threats continue to advance at a rate that has never... By Curtis Preston
Budget 2023: Incentivizing cloud and spending on skill upgrades top industry wishlist
On February 1, 2023, the Indian government is scheduled to deliver its budget for FY2023–24. 2022 was a challenging year that was also spectacular in many ways. While the pandemic's consequences are still being felt, digital has taken center stage. The IT industry, which has been struggling with decreased IT spending because of the global slowdown and macroeconomic trends, has high hopes for the... By CIO&Leader
Realizing the full potential of cloud remains a top priority
While investments in cloud migrations have surged, organizations now must shift their focus to an ongoing journey to achieve expected outcomes at higher rates, according to new research from Accenture. The report, titled “The race to cloud: Reaching the inflection point to long-sought value,” is based on a global survey of 800 business and IT leaders. Building upon similar research Accenture... By CIO&Leader
Top Enterprise Data Security Predictions for 2023
The demand for data security solutions is at an all-time high. Never before has the world seen the large-scale deployment of these solutions across enterprises, according to Adam Cason, Vice President, Global and Strategic Alliances at Futurex. With the evolving data security landscape, there is a critical need for solution providers to produce breakthrough innovations that meet the... By CIO&Leader
Top 5 trends of Data Analytics in 2023
In 2021, enterprises reportedly spent an astounding $215 billion on big data and business analytics solutions, and IDC analysts predicted a 19% increase in this spending in the year 2022. With the increasing spending, the need for experts in data analytics also grew in 2022. In the year 2023, it is expected that almost 90% of organizations would consider information as a ‘vital enterprise asset’... By Ajith Sasidharan
Avg Data Breaches Cost to Surpass $5 Million in 2023
Phishing and the use of MFA (Multi-Factor Authentication) fatigue attacks, an extremely effective method used in high-profile breaches, are on the rise. Threats from phishing and malicious emails have increased by 60%, and the average cost of a data breach is expected to reach $5 million by next year, according to a recent report on latest cyberthreats and trends report for the second half... By CIO&Leader
7 key trends that will redefine SCM in 2023
Supply chains will become the strategic drivers of business During the pandemic, companies that had been investing in their SCM were positioned to deal with change more rapidly. For example, a big-box retailer started to build out their pickup services, their delivery services, etc.; so that when the world pivoted, and stores were closed, people still wanted this retailer’s... By CIO&Leader
Managing Growth Compliance Paradox: How Technology Can Help?
“This Company is 100% compliant.” “Huge penalties levied due to non-compliance.” These phrases are commonly heard in corporate spaces, and they represent two extremes of the same spectrum. Two logical subsequent questions which pop up are: Could any company be 100% compliant? Could any company ever escape penalties due to the growing compliance requirements? The rulebooks would... By Ayushi Sharma
Xebia says India a top growth market, plan low-code/no-code investments
Despite the difficult financial environment, IT consultancy and software development firm Xebia says it is optimistic about the Indian market and anticipates 50–60% year-over-year increase in its India revenues. In a recent interaction with CIO&Leader, the company's COO, Madhur Arya, said that he anticipates Indian enterprises to continue to invest in disruptive innovations, and that's what... By Jatinder Singh
Edge Computing – the next big thing for enterprises
We have witnessed how the industry has evolved over the years, with several developments such as Cloud, AI, IoT, and 5G, among many others. Cloud, with its advantages over traditional on-premise infrastructure, has been playing a key role in the digital transformation trends. Today, along with the Cloud, another category of computing, that is edge computing is gaining traction.... By Rahul S Kurkure
Cybersecurity: Technologies to Watch in 2023
Imagine a patient is under doctor’s orders to use a wearable device. The device monitors the patient’s progress and integrates that data with her personal health records. A third-party service monitors the patient’s progress and alerts her doctor when necessary. Device data is also integrated into an artificial intelligence model designed to learn from the experience of several patients.... By CIO&Leader