Financial services leaders struggle to keep up with AI developments

robot artificial intelligence money

Research released today shows that 78 percent of financial services enterprise leaders are finding it a challenge to keep up with the speed of AI model and data growth.

The UK research, based on survey of 125 financial services leaders, from SambaNova Systems reveals that the top challenges to deploying enterprise AI include finding or customizing the models/algorithms for their needs (67 percent), setting up infrastructure (33 percent) and preparing data (38 percent).

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New online community helps developers contribute to open source projects

Community

Code visibility platform CodeSee is launching a new online community for developers of all skill levels to help them learn, contribute, explore, and connect across the globe.

Open Source Hub (OSH) provides developers tools to onboard and understand the massive amount of code in an open source project, making it easy to contribute, collaborate, and make a meaningful contribution.

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Lack of software testing leaves businesses open to risk

Software testing

New research finds 69 percent of UK CEOs think it's acceptable to release software that hasn't been properly tested, so long as it's patch tested later. But this could be putting businesses at reputational and financial risk.

The study from software test automation company Leapwork also reveals that 82 percent of testers say that up to 40 percent of software goes to market without sufficient testing. As a result, 68 percent of testers claim their teams spend five to 10 days per year patching.

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How web scraping has gone from niche to mainstream [Q&A]

Laptop collecting data

Web scraping -- collecting data from websites -- has been around almost as long as the internet has existed. But recently it's gone from a little-known niche to a serious activity, using automation to collect large amounts of information.

We spoke to Julius Černiauskas, CEO of data acquisition company Oxylabs to find out more about web scraping and how it has evolved.

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The phishing bait that hooks most victims

phishing keyboard hook

Phishing emails referencing corporate issues and delivery problem notifications are the ones most likely to induce people to click links according to new research.

Data on simulated phishing attacks from Kaspersky's Security Awareness Platform shows emails with these subjects were successful in getting people to click 16 to 18 percent of the time.

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Employees want better digital experiences, management want bigger profits

Businessman Scolding Stressed Female Employee

In an echo of another report we covered earlier this week, a new study from Ivanti finds that digital employee experience (DEX) has a major impact on employee satisfaction.

The research shows that 64 percent of employees believe their experience with technology impacts their morale, and that 49 percent are frustrated by their work-supplied tech.

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Threat of firmware attacks is a growing concern for business

encryption_padlock

New research from HP Wolf Security finds that 80 percent of IT leaders are concerned about their capacity to respond to firmware attacks.

The study shows that 67 percent of IT leaders say protecting against, detecting, and recovering from firmware attacks has become more difficult and time-consuming due to the increase in home working, with 64 percent saying the same of analyzing the security of firmware configuration.

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Ransomware becomes increasingly professionalized

Gangsters with cash

The world of ransomware is becoming increasingly professional and it’s easier than ever for new entrants to get into the business.

A new report from Tenable looks at the ransomware ecosystem and how it has become one of the biggest threats to organizations as well as being lucrative for the criminals behind it.

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New platform aims to secure 'unmanageable' applications

Security concept

Shadow IT applications acquired without the knowledge of the IT department present problems for businesses as they can create security holes or may not be compliant with industry standards.

The problem isn't going to go away. Gartner reports that shadow IT spending represents 30 percent to 40 percent of the overall IT outlay in large enterprises.

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Poor tech experience makes staff consider quitting

Funny,Nerd,Young,Businessman,,Man,Working,On,Computer.typing,On,The

More than 30 percent of employees would consider leaving their job due to poor digital workplace experiences and 14 percent have actually left a job for this reason, according to a new report.

The study from Lakeside Software finds that on average, employees claim they are achieving just 60 percent of their potential work output because of the suboptimal quality of their overall digital experience.

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Why organizations must move to a cloud-based infrastructure [Q&A]

cloud data cable

The past couple of years have led to lots of new demands on IT and many businesses have turned to the cloud in order to meet them.

Whilst the initial assumption may have been that these changes would be temporary, much of the shift in working patterns looks like becoming permanent. We spoke to Alkira's CEO Amir Khan to find out more about what this means for businesses as they gear up for remote work on a long-term basis.

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Why we need to take the threat of cyberwarfare seriously [Q&A]

Cyber war

The age of what might be called the hobbyist hacker is long gone, replaced by a much more serious trend towards organized crime and nation states being behind hacking and cyberattacks.

In an era where data can be weaponized, both businesses and governments need to take the threat seriously. It's important for security teams to understand how attacks are carried out and the motivations that lie behind them.

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You're wasting your time fixing 97 percent of vulnerabilities

Dissolving clock

According to new research only three percent of 'critical' code vulnerabilities are attackable, which means developers should be able to better prioritize efforts and significantly reduce their workload.

The study from automated security testing firm ShiftLeft finds that focusing on the three percent allows teams to greatly speed up and simplify efforts. ShiftLeft saw a 37 percent improvement from last year in mean time to remediate new vulnerabilities with a median scan time of 1 minute 30 seconds.

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Hybrid and remote work here to stay for most businesses

home working

A new study finds that 94 percent of organizations shifted to some sort of hybrid work structure due to the pandemic and 71 percent plan to make these practices permanent.

The study from Foundry, based on responses from over 400 IT and business decision-makers in the US, shows 72 percent of IT decision-makers believe there has been a positive shift in the remote and hybrid work mindset due to the work-from-home transition.

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Keeper launches secure one-time password sharing

laptop password login

We all know that you shouldn't share passwords. But we also know that there are occasions when it's useful to do so -- giving temporary access to a Wi-Fi network example or sharing data with contractors.

Keeper Security has come up with an innovative solution that allows users to securely share records with anyone on a time-limited basis.

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