Phishing attacks have multiplied since the start of COVID-19, leaving companies more vulnerable and strapped for time: Study
The frequency of phishing threats has risen considerably throughout the last few months, with companies experiencing an average of 1,185 attacks every month, according to GreatHorn’s 2020 Phishing Attack Landscape Report. Additionally, 38% reported that a coworker fell victim to an attack within the last year. As a result, 15% of organizations are now left spending anywhere from one to four days... By CIO&Leader
Wireless WAN to drive innovation, business recovery from the pandemic: Survey
The era of Wireless WAN has firmly arrived and is the critical infrastructure in driving innovation, including playing a role in business recovery from the pandemic, according to Cradlepoint’s annual survey, titled State of Wireless WAN Report. The survey findings demonstrate confidence and excitement for 5G, pointing to increasing adoption in the coming year. “Having a secure, flexible, and... By CIO&Leader
DPRK-aligned threat actor targeting cryptocurrency vertical with global hacking campaign: Study
An attack against an organization working in the cryptocurrency vertical has been linked to Lazarus Group – a highly-skilled, financially-motivated threat actor whose interests reportedly align with the Democratic People’s Republic of Korea (DPRK), according to F-Secure’s report. By connecting evidence obtained from the attack with existing research, the report concludes the incident was part of... By CIO&Leader
SASE is all about delivering security everywhere
Secure Access Service Edge (SASE) is an emerging enterprise strategy that incorporates multiple solutions to enable secure remote access to on-premises, cloud-based, and online resources. Unfortunately, there has been a lot of hype that has left some organizations wondering what exactly SASE is. Understanding the basic concepts and components of SASE is important, as the benefits can be... By Rajesh Maurya
Shift focus from transactions-based to business-oriented in use of tech: RBI Governor to banks
Just like boosting immunity of the population is the key to tackle pandemics, the key to long-term financial stability would be to foster tangible improvement in the inherent ability of the banks to withstand the exogenous shocks like the current pandemic, said Shaktikanta Das, Governor of the Reserve Bank of India, speaking at a seminar on banking services post the pandemic. Das said while... By CIO&Leader
Modernization of infrastructure security layer in RBI’s tech agenda for 2020-21
Modernization of its structured financial messaging system, augmentation of infrastructure security layer and adoption of Wi-Fi 6 across the organization are among the Reserve Bank of India’s technology goals for 2020-21, according to the Central Bank’s 2020-21 annual report, released on Thursday. The goals are: Next-Generation Structured Financial Messaging System (NGSFMS): The proposed... By CIO&Leader
Opportunity opens up for businesses to build brand loyalty through data privacy: Study
Although consumers remain concerned about sharing personal data with companies, the results of a Privitar’s study, titled 2020 Consumer Trust and Data Privacy highlight an opportunity for businesses to take a leadership role and build brand loyalty by protecting their customers. The study found that more than three-quarters of respondents are concerned or very concerned about protecting... By CIO&Leader
More than 9 in 10 businesses have used video conferences since the introduction of Coronavirus restrictions: Survey
More than nine in 10 businesses have used video conferences since the introduction of coronavirus restrictions, according to a Lister Communications survey. Zoom was the overwhelming favourite for respondents to the survey of customers by Lister Communications on how they have changed ways of working and communicating. Lister found 93% of respondents had used video calls since the introduction... By CIO&Leader
Bring Your Own PC security to transform businesses within the next five years: Gartner
Bring your own PC (BYOPC) security will reach mainstream adoption in the next two to five years, while it will take five to 10 years for mainstream adoption of secure access service edge (SASE) to take place, according to Gartner’s 2020 Hype Cycle for Endpoint Security. “Prior to the COVID-19 pandemic, there was little interest in BYOPC,” said Rob Smith, senior research director at Gartner... By CIO&Leader
Helping remote workers enhance productivity via digital assistants
Digital Assistants (or chatbots in simple) are helping brands redefine how they communicate with consumers. The advent of enterprise chatbots has changed the way employees interact with business applications. The primary advantage is their ability to obtain an immediate response to queries through natural local language, by simply asking a question out loud (in the case of voice-enabled chatbots... By Sriram Rajan
API quality and standardization challenges rise as API adoption fast-tracks with pandemic: Survey
Standardization remains a top challenge for more than 58% of organizations, particularly large enterprises, as they scale API development, according to SmartBear’s 2020 State of API Report. Problems with lack of standardization and subsequent quality are coming to light as many companies fast-track API adoption and accelerate digital initiatives due to the COVID-19 pandemic. Because API... By CIO&Leader