Financial services organizations moving to hybrid cloud: Survey
There is an acceleration of digital transformation within the financial services industry, with half of the respondents of a Nutanix survey reporting that COVID-19 caused them to increase their investment in hybrid cloud. In the industry’s five-year outlook, hybrid cloud is the only IT model showing positive growth among financial company respondents, and it is expected to increase by 39% in... By CIO&Leader
The post pandemic workplace: What it means for women?
Ever since the onset of the pandemic COVID-19, the circumstances for working women related to work and living have changed drastically. Lockdowns and work from home scenarios have added to their share of responsibilities since not only do they have to look after the increased demand from family members but also balance it with the increased availability demanded by their employers. Due to... By Meetali Sharma
Piramal Glass leverages blockchain for cross-border trade digitization
Piramal Glass, Asia’s largest specialty glass manufacturer, has successfully kicked off its first cross-border trade digitization program using blockchain. The company is prioritizing the technology in 2021 as a means of unlocking hidden margins and efficiency through digital automation. It has done so in partnership with enterprise blockchain platform, #dltledgers, a fintech operating out of... By CIO&Leader
Majority of malware now delivered via cloud apps: Study
The majority of all malware is now delivered via cloud applications, underscoring how attackers increasingly abuse popular cloud services to evade legacy security defenses putting enterprise data increasingly at risk, according to Netskope’s February 2021 Netskope Cloud and Threat Report. The report analyzes the most interesting trends on enterprise cloud service and app use, web and cloud... By CIO&Leader
More than 9 in 10 IT leaders say that client & company data is at risk on email: Study
95% of IT leaders say that client and company data is at risk on email, according to Egress’ 2021 Data Loss Prevention Report. In addition, an overwhelming 83% of organizations have suffered data breaches via this channel in the last 12 months. Human error was at the root of nearly one-quarter of incidents, with 24% caused by an employee sharing data in error – for example, sending an email... By CIO&Leader
How Artificial Intelligence is helping fend off cyberattacks
Artificial Intelligence (AI) is the ability of technology to think and act like a human and is being utilized to help fight off potential cyberattacks. Employing AI and Machine Learning (ML) to detect vulnerabilities significantly enhances human capabilities, as AI can analyze and report millions of cyberthreats in the time it might take a person to do the same... By IEEE Experts
Global government IT spending to grow 5% in 2021: Gartner
Worldwide government IT spending will total USD 483 billion in 2021, an increase of 5.1% from 2020, according to Gartner. “Government organizations continue to be challenged with the appropriate level of interventions to respond and recover from the COVID-19 pandemic,” said Irma Fabular, senior research director at Gartner. “Public health and safety measures, including vaccinating... By CIO&Leader
Cloud environments most vulnerable to watering hole attack: Study
There is an increased adoption of managed infrastructure services and the emergence of new cloud watering hole attacks, according to Accurics’ Cloud Cyber Resilience Report, which highlights security risks identified in cloud native environments. The findings reveal an increased adoption of managed infrastructure services. Of all violations identified, 23% correspond to poorly configured managed... By CIO&Leader
E-crime and nation-state threats on the rise: Study
Supply chain attacks, ransomware, data extortion and nation-state threats are proving to be more prolific than ever, according to Crowdstrike’s 2021 Global Threat Report. The report highlights unique insights to the global threat landscape and offering best practices for organizations looking to amplify their cybersecurity maturity in 2021. On the heels of unprecedented growth in e-crime,... By CIO&Leader
State-sponsored cyberattacks a major threat to businesses: Survey
A majority of businesses see state-led and sponsored cyberattacks as a major threat. They are concerned about catastrophic reputational and financial consequences and call for greater international political cooperation to mitigate these threats. This is according to a survey by the Economist Intelligence Unit (EIU) and the Cybersecurity Tech Accord. The survey was conducted between November and... By CIO&Leader
Organizations leveraging multi-cloud, cloud-native, and edge technologies to drive business growth and innovation: Study
Organizations are leveraging multi-cloud, cloud-native, and edge technologies to drive business growth and innovation, according to Turbonomic’s 2021 State of Multi-cloud Report. The report surveyed over 800 global IT professionals and examined the current state of multi-cloud adoption, its drivers, and the technologies enabling it, including containers, public cloud, and edge computing. The... By CIO&Leader