Ian Barker

Getting the most value out of your data [Q&A]

folder stack

The past few years have seen a boom in digital transformation as enterprises have sought to modernize their operations to take advantage of a new, more flexible world of work.

But this change has often led to unwieldy data structures that are difficult to manage, which means that extracting value from the data is harder than it should be.

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Disruptions to eCommerce cost businesses up to $1 million a month

A new survey of retail and consumer brands shows that nearly 40 percent of all respondents suffer customer-impacting disruptions, which cost up to $1 million per month.

The survey, conducted by Forrester Consulting on behalf of Catchpoint, finds 61 percent of respondents say internet disruptions have resulted in lost revenue, while 64 percent report damage to their brand's reputation that led to lack of consumer confidence.

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Companies struggle to protect against insider risks

insider threat

Although more than 70 percent of companies say they have an insider risk management (IRM) program in place, the same companies experienced a year-on-year increase in data loss incidents of 32 percent, according to a new report from Code42 Software.

Based on a survey of 700 cybersecurity leaders, cybersecurity managers and cybersecurity practitioners in the US, conducted by Vanson Bourne, the report shows 71 percent expect data loss from insider events to increase in the next 12 months.

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Stolen credentials and the rise of the 'traffers'

Password

Even as we move towards passwordless authentication methods, stolen credentials remain a major problem for businesses.

A new report from cyber risk management company Outpost24 highlights the increasing professionalization of the market for stolen credentials thanks to the rise of what are known as 'traffers'.

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75 percent of SaaS applications pose a risk to enterprises

Risk dial

The past few years have seen massive growth in the number of SaaS applications used by enterprises, but new research from Spin AI shows that 75 percent of SaaS applications pose a high or medium risk to data stored in either Google Workspace or Microsoft 365.

On average, 35 percent of apps with OAuth permissions to Google Workspace or Microsoft 365 are classified as high risk. For large organizations (with more than 2,000 employees) 56.91 percent of apps pose a high risk.

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Okta launches identity verification for Zoom users

ID verification

Many organizations have come to rely on Zoom as a means of connecting employees and customers in a hybrid environment.

But this comes with challenges when it comes to keeping meetings secure without harming productivity. Identity management platform Okta is launching a new identity verification feature that will authenticate Zoom meeting attendees in End-to-End Encryption (E2EE).

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Banks lack transparency over their use of AI

Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development, according to new research from Evident.

While AI is already used by banks for many critical processes, from authenticating customers to risk modeling, eight of the 23 largest banks in the US, Canada and Europe currently provide no public responsible AI principles.

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Integrating security into the development process [Q&A]

DevSecOps

Historically, security has been treated as something as an afterthought in the IT industry. In more recent years though there has been pressure to introduce 'security by design' to ensure that products are developed with best practices in mind.

We spoke to David Melamed CTO of Jit to find out about integrating security and how security tools can be used by developers not just security professionals.

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Data management gets more complex as IT infrastructure diversifies

Cloud maze complexity

IT infrastructure is increasingly diverse, with organizations struggling to integrate data management and control.

The latest Enterprise Cloud Index from Nutanix shows the majority of IT teams (60 percent) use more than one IT infrastructure -- a trend that's expected to intensify in the future -- but struggle with visibility of data across environments.

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How artificial intelligence is transforming banking [Q&A]

Banking is a key industry, playing a major role in the economy, historically though it's been one that's slow to adapt to technological advances.

That's starting to change though, partly down to the arrival of more agile fintech companies. We spoke to co-founder of Iterate.ai, Brian Sathianathan, to find out more about how AI and machine learning can help transform the banking sector.

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20 percent of endpoints have legacy security vulnerabilities

According to a new report, at least 20 percent of enterprise endpoints remain unpatched after the remediation is completed, meaning that a fifth of machines still have a significant number of legacy vulnerabilities that could be exploited at any time.

The study of over 800 IT professionals from Action1 Corporation finds 10 percent of organizations suffered a breach over the past 12 months, with 47 percent of breaches resulting from known security vulnerabilities.

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Are you sure about this? Confidence in modernization projects drops as they progress

When preparing for modernization, 70 percent of companies are confident or very confident in their understanding of their applications.

However, a new report from EvolveWare shows the high confidence level drops as companies plan their modernization project (41 percent) and begin their project (28 percent), suggesting that organizations only start to understand the level of knowledge needed for these efforts after they are further into their planning or execution.

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Google Cloud integrates with Shopify to combat search abandonment

As we reported recently, delivering relevant search results on websites can be hard to achieve and for retailers this can lead to searches being abandoned and sales lost.

To address this issue, Google Cloud is announcing a new integration with eCommerce platform Shopify to allow sites to deploy advanced search and browse experiences using Google Cloud.

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New solution helps enterprises manage cloud assets

Cloud

As organizations turn increasingly to the cloud they face the challenge of understanding not just the cost but also the value of their operation.

To help organizations maximize business value from their technology investments, Flexera is launching a new solution that strengthens an enterprise's FinOps and cloud central teams, while allowing the convergence of IT asset management (ITAM) and FinOps.

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New solution helps to visualize cloud-native app risks

With more and more organizations turning to the cloud and cloud-native application development, AppSec teams face a mounting challenge to keep pace with their development counterparts.

To address this, Backslash Security is launching a new solution to provide unified code and cloud-native security by correlating cloud context to code risk, backed by automated threat modeling, code risk prioritization, and simplified remediation across applications and teams.

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