Virtualization technologies save the day for 63 Moons during lockdown
63 Moons Technologies, formerly known as Financial Technologies—a provider of technology platforms and solutions for the financial industry, including digital marketplaces and exchanges—has successfully leveraged virtualization technologies to tide over the disruption caused by the COVID-19 pandemic. With more than 1,000 employees on its rolls, 63 Moons had just a couple of days to gear up for... By Balaka Baruah Aggarwal
Businesses survive increased phishing attacks during COVID times
Hackers looking for opportunities to ingress into organizations have found COVID-19 an ideal hook to exploit by tapping into the human emotions of fear, anxiety and uncertainty. Phishing attacks using COVID-19 as a catch are growing rapidly and getting more sophisticated. Experts managing corporate security corroborate this threat. Says Rahul Chandak, CISO at Grasim Industries, Aditya Birla... By Balaka Baruah Aggarwal
IT pros gained confidence, new skills amidst pandemic: Survey
Nearly two-thirds (64%) of surveyed IT pros were instilled with a new sense of confidence, despite contending with challenges such as reduced budgets, greater decision-making responsibilities, and longer hours caused by their organizations’ response to the pandemic, according to SolarWinds’ findings from its IT Pro Day 2020 survey: You Were Built for This. Likewise, just under half... By CIO&Leader
Rapidly changing regulatory landscape pushing wealth and asset management firms to turn to regtech specialists
The rapidly changing regulatory landscape is pushing wealth and asset management companies to turn to specialist regtech providers, experts said. In a webinar that took place on August 25, 2020, Ralf Huber, co-founder of Swiss regtech firm Apiax, and Claire Farley, executive director of legal services firm aosphere, addressed the main data protection challenges companies are dealing... By CIO&Leader
82% Indian citizens want digital health id provided it does not store sensitive personal data
The National Health Authority has come out with a draft National Health Data Management Policy which proposes to create a 'digital health id' for all citizens so an individual's personal health records, medical history, etc. can be stored and made available digitally within the health ecosystem, when an individual is seeking access to healthcare. The draft of the policy was released on August... By CIO&Leader
DDoS attacks against educational resources grew exponentially in first half of 2020: Study
For each month from January to June 2020, the number of DDoS attacks affecting educational online resources increased by at least 350% when compared to the corresponding month in 2019. In a denial of service (DoS) attacks, cyber criminals attempt to overwhelm a network server with requests for services so that the server crashes — denying users access. While DoS attacks involve only one attack... By CIO&Leader
Balancing security, privacy and convenience in the enterprise space
Privacy paradox is an interesting term. It attempts to describe the contradictory behavior displayed by online users when it comes to data privacy. On one side, users are much concerned about their privacy; namely, how their personal data that is captured, stored or transmitted. On the other hand, their actions don't reflect those concerns, as they seem to prefer convenience over privacy. The... By Akhil Verma
Majority of organizations struggling to reach application delivery requirements with their existing infrastructure: Study
80% of organizations are struggling to reach application delivery requirements with their existing infrastructure, according to NS1’s report, titled Meeting Application and Access Network Modernization Challenges. But, amid pandemic concerns, efforts to modernize networks and applications to address this challenge are accelerating with 83% reporting budget increases for these initiatives over the... By CIO&Leader
Cyber fraudsters spreading fake TikTok app to steal user credentials: Study
With countries across the globe mulling ban on TikTok, a popular social media app, cyber fraudsters are using this opportunity to spread fake TikTok apps to infect and scam more victims, according to a SonicWall research. Recently, the research identified one such fake TikTok app that tries to steal victims’ credentials from their TikTok account by showing a fake login page. The research... By CIO&Leader
Enterprise security challenges heightened by WFH spike: Study
Traditional approaches to securing the network are amplifying challenges in the face of budget constraints and an increasingly remote workforce, according to Juniper Networks’ study. Juniper Networks has commissioned the study from independent research agency Vanson Bourne which explores the attitudes, perspectives and concerns of 1,000 senior IT networking and security professionals drawn from... By CIO&Leader
Global enterprise WLAN market declines moderately in Q2, 2020: IDC
The combined consumer and enterprise worldwide wireless local area network (WLAN) market segments rose 7.1% year over year in the second quarter of 2020 (2Q20), according to IDC’s Worldwide Quarterly Wireless LAN Tracker. The enterprise segment declined 9.5% year over year in 2Q20 with USD 1.4 billion in revenue. The second quarter results reflect the impact of the COVID-19 pandemic on the... By CIO&Leader