Compromised employee accounts led to most expensive data breaches over past year: Study
Data breaches cost companies USD 3.86 million per breach on an average, and that compromised employee accounts were the most expensive root cause, according to IBM Security-Ponemon Institute’s 2020 Cost of a Data Breach Report. Based on in-depth analysis of data breaches experienced by over 500 organizations worldwide, 80% of these incidents resulted in the exposure of customers' personally... By CIO&Leader
Rise of the Citizen Data Scientist
Innovative technology is transforming the way we consume data and creating a new type of user within organizations: the citizen data scientist. This capability emerges from a new breed of Artificial Intelligence (AI) that puts powerful predictive analytics in the hands of front-line users, helping them address day-to-day needs with greater insight. It’s no longer necessary to turn to code-writing... By Rick Rider and Ranga Pothula
IT skills shortage forces 31% of organizations to prioritize investment in IT staff education, up from 19% pre-pandemic: Study
At the end of 2019, data security was the #1 priority and it remains there now, with a whopping 76% of organizations naming it as one of their IT projects for the rest of 2020, according to Netwrix’s 2020 IT Trends Report: Reshaped Reality. Network security tied for the top slot, owing to the rapidly growing remote workforce. Education of IT staff has increased from 19% to 31%, which suggests... By CIO&Leader
Cybersecurity pros see 63% increase in cyberattacks related to the COVID-19 pandemic: Survey
The COVID-19 pandemic has presented an once-in-a-lifetime opportunity for hackers and online scammers, and cybersecurity professionals saw a 63% increase in cyber-attacks related to the pandemic, according to a survey by the Information Systems Security Association (ISSA) and Enterprise Strategy Group (ESG). As the global impact of COVID-19 manifested itself in the middle of March, ESG and... By CIO&Leader
Cloud infrastructure services spending grows in Q2, 2020; Amazon leads the pack: SRG
Q2 spend on cloud infrastructure services passed the USD30 billion milestone, an increase of USD7.5 billion from the second quarter of 2019, according to new data from Synergy Research Group. This continues the trend of ever-larger increments in cloud spending. Q2, 2019 spending grew USD6.5 billion from Q2, 2018, which in turn grew USD5.5 billion from Q2, 2017. Amazon market share remained at its... By CIO&Leader
IoT data management services to reach USD 42.9 Billion by 2026: Study
As the IoT data-enabled services continue to expand, the market is approaching the stage of data democratization, where real-time analytics is very sought after. Currently, data integration, real-time stream processing, and analytics services are falling under the umbrella of Data Management services within the IoT value chain, where each component has also seen economic growth. ABI Research... By CIO&Leader
COVID-19 pandemic negatively affects data center operations: Survey
With nearly 80% of respondents in a recent survey, conducted by StorONE, indicating that they have had cuts to their IT budgets, the effects of the Coronavirus (COVID-19) pandemic have resulted in a negative impact in organizations’ abilities to manage their storage infrastructures in order to ensure continued access to an increasingly remote workforce and to satisfy health protocols put in place... By CIO&Leader
Maintaining business continuity with proper IT infrastructure and security tools a challenge for IT pros during COVID-19 crisis
The COVID-19 crisis led countries and organizations to shut down physical offices and move operations online. This was not easy as IT professionals and departments needed to maintain business continuity and best meet the needs of the customer at the same time. Business continuity plans are integral to companies’ ability to withstand an unanticipated crisis. On top of that, the security... By CIO&Leader
DDoS attacks rise in Q1, 2020 amid COVID-19 pandemic: Study
In the first quarter of 2020, DDoS attacks rose more than 278% compared to Q1, 2019, and more than 542% compared to the last quarter, according to Nexusguard's Q1, 2020 Threat Report. DDoS attacks have become a global risk, and as attacks continue to increase in complexity, further spurred by the pandemic, Internet service providers (ISPs) will have to strengthen their security measures.... By CIO&Leader
Process industry manufacturers prioritizing IT/OT collaboration: Survey
IT and OT collaboration using Plant Process Management (PPM) solution has become an investment priority for process industry manufacturers, according to a survey by eschbach, conducted by 451 Research, part of S&P Global Market Intelligence. The top-ranked priorities cited by respondents for a PPM investment include: Capturing and sharing best practices for worker safety,... By CIO&Leader
Driving resurgence of India’s hospitality sector
The Indian hospitality sector had a record year in 2019, with occupancy rates at a 40-year high. Occupancy rates have plummeted and are now at 10-15% as the sector continues to feel the impact of the COVID-19 outbreak and resulting nationwide lockdown. According to JLL’s Hotel Momentum India (HMI) report for Q1, 2020, the industry's key performance parameter, Revenue Per Available Room (RevPAR... By Rohit Nagpal