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The Evolving State of Cloud Security

Businesses around the world are eager to jumpstart their digital transformation and journey to the cloud – ultimately improving operational agility, but the transition can be risky if security practices are not taken into consideration. The U.S. National Cyber Security Alliance estimates that six months after suffering a cyberattack, 60 percent of companies go under. Add to this, the Ponemon Institute states, the average price for small businesses to clean up after their businesses have been hacked stands at $690,000; and, for middle market companies, it’s over $1 million. According to Alert Logic’s 2017 Cloud Security Report, hybrid cloud implementations have a 141% higher rate of security incidents than a pure public cloud environment. Let that settle in for a moment…it may seem like a surprising deviance, but as reported by our cloud security partner’s data source of 3,800+ customers. It is one of the many discoveries from their most…

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What’s the Answer to Password Overload?

As we close out National Cyber Security Awareness Month, one of things that continues to be top of mind and one of the tools we need to stay safe online is the password. How many passwords do you use (and therefore have to remember) on a daily basis? Two? Five? More than 10? If you’re anything like me then it’s a lot. And while password managers are better today than they’ve ever been – more secure, more intuitive, more flexible – the password situation across all of our software applications, hardware devices, social networks, etc. isn’t ideal for data protection. Of course, the need for strong passwords is unquestionable. We’re living in an age where phishing, social engineering, and brute force DDoS attacks are commonplace. Cybercrime is no longer something that affects other people, but rather a concern we have all come to realize. Last year alone, cybercrime cost the…

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Why Technology Partnerships Are Crucial for Financial Services Institution Compliance

It’s an industry that’s been a little more reluctant than most to shift its infrastructure and computing needs to the cloud, but it’s an inevitable transition that the financial services sector must embrace. After all, the raft of benefits cloud computing platforms afford organizations is undeniable – agility, scalability, on demand compute power, competitive pricing models, the list goes on – yet there was always two closely-associated factors that prevented financial services and baking institutions from jumping on board: security and compliance. However, while naysayers were saying it would never happen and that banks would never entrust their precious data to public cloud providers, many institutions were already experimenting with cloud technologies – even if they weren’t actively announcing it. The turning point, so to speak, where the world was put on notice as to just how pivotal the cloud could be for the financial services industry, came when Capital…

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Do Our Smartphones Make Us More or Less Collaborative?

Today, the immense popularity and pervasiveness of smartphones is undeniable. According to Ericsson’s latest annual Mobility Report, there are more than 3.8 Billion smartphones in use around the world today – and that figure is expected to top 6.8 billion by 2020! We’re living in an age where being constantly connected is the norm, so is it any wonder that “smombies” (smartphone zombies) – people who walk along with their eyes glued to their smartphones – are such a common sight on our streets? The trend of talking and texting while walking has even been found to alter our gait, seeing us employ a “cautious and exaggerated stepping strategy,” according to research published recently in the journal PLOS ONE by scientists at Anglia Ruskin University. Then there’s the reality that a single modern smartphone is millions of times more powerful than all of NASA’s combined computing in 1969 – the…

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Take Time to Thank a Techie This October 3

How many times have you had to call your organization’s tech support department because you’ve been having problems with your work issued laptop, desktop or mobile device? No matter how meticulously it has been configured, IT equipment goes wrong from time to time, and that’s when you need to call in the techies. But what about the rest of the time when everything’s working as it should? Do you pay a visit or make a call to your tech support department and tell them to keep up the good work? Probably not, and that’s understandable because everyone’s busy. However, if there was ever a time to show the techies you rely on some appreciation, National Techies Day is it. Careers in Technology Every year, on October 3, National Techies Day is observed. And while it’s a great opportunity to show some appreciation for the techies you know and thank them…

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Digital Transformation: The Fourth Industrial Revolution

Digital transformation is like a penetrating wind reaching into all areas of commerce, business and government. If there’s any doubt about this, consider what industry analysts IDC recently said: at the end of 2017, the vast majority of the world’s largest businesses will put digital transformation at the centre of corporate strategies. I recently gave a presentation at an Institution of Civil Engineers (ICE) conference about the need for and benefits of digital transformation. ICE understands the winds of change have been blowing for some time and recently launched a digital transformation campaign. Digital transformation takes different shapes according to the industry in which it is taking place. Within civil engineering and construction, it is largely digitised engineering and the ability to monitor infrastructure so engineers can use real data to influence construction and maintenance. This is significant and the implications are tremendous. The Three Gorges Dam in China is…

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