Why a new architecture is needed for open banking API platforms [Q&A]
While much literature has been written on best practices for systems architecture, the desired outcomes have been as elusive as they have been sought after. The de-facto standard for enterprise systems that exists in reality is often closer to A Big Ball of Mud.
Very rarely is an organization’s technology (the infrastructure, the software or the set of systems powering the organization) planned as the state in which we see it today. All early systems need to scale, and most companies in the growth phase don't have the bandwidth to deal with this graciously.
Proactively preventing your company from becoming the next cyberattack headline
The news last month of yet another cyberattack on MGM Resorts, initiating a system shutdown and disrupting its operations, is yet another in a very long list of attacks that we have witnessed in the past couple of years. Having the right preventive and defensive cybersecurity measures in place for such attacks is a given, and it is what most organizations focus on. But it is also about understanding how the organization will recover from an incident and how they can limit the extent of an attack.
Today, being impacted by a cyberattack is almost inevitable. The global average cost of a data breach in 2023 was $4.45 million, a 15 percent increase over 3 years, according to IBM. Therefore, companies also need to think about how they can proactively recover, how quickly they can recover, and the cost of recovery to the business.
Microsoft Edge may be using your browsing history to inform Bing Chat AI -- here's how to stop it
AI is just about everywhere now. Its ubiquity makes it nearly impossible to avoid, and Microsoft is just one of the big tech firms to have thrown everything at artificial intelligence.
As well as adding AI to Windows 11 with Copilot, Microsoft has also brought a generous dose of it to its Edge browser courtesy of Bing Chat. What users of this feature may not be aware of is that their browsing data is being used to personalize Copilot, meaning that a huge amount of potentially revealing information is being shared with the artificial intelligence tool.
GPU revolution: Harnessing the power of advanced technology through cloud delivery
Recent advancements in GPU (Graphics Processing Unit) technology, accompanied by new innovative use cases and increased user expectations have produced a profound impact on the industry. Together, they have driven the proliferation of new application architectures, fueling growth in artificial intelligence (AI), machine learning, and visual computing.
In this era of relentless innovation, the key to staying competitive lies in quickly meeting user expectations through cloud delivery. Its multiple advantages -- on-demand consumption, scalability, global availability, a safeguard against supply chain disruptions, and financial perks -- shape a compelling strategy for deploying GPU technology via the cloud.
What's in a name? How to navigate the crowded SASE marketplace
According to Dell’Oro Group, there are more than 30 SASE vendors. That number is likely to go up consistently for the foreseeable future. Despite this growth, not all these providers are delivering the same basic foundational elements to customers. At best, these providers don’t realize that they’re not offering a true SASE solution, and at worst, they’re falsely advertising SASE capabilities to expand their customer bases.
For example, would a company that strictly sells bread say that they offer cakes? While bread and cakes do share some of the same ingredients and both end products require a baking process, it would be disingenuous for the bread company to say that it sells cakes. This is the issue we’re currently battling against in the quickly evolving SASE space.
Providing the legal sector with the deep visibility, security, and data monitoring they need to thrive
Cybercriminals frequently target the legal sector due to its extensive holdings of highly confidential, commercially sensitive, and often personal information. As a sector built on trust and reputation, this growing threat continues to disrupt and create havoc in business operations, underscoring the necessity for a deeper understanding of cyber threats and stronger cyber security measures within the legal industry.
A recent report from the National Cyber Security Centre (NCSC), published in early 2023, revealed that the UK has over 32,900 legal enterprises, encompassing barristers, solicitors, and other legal service providers. With an estimated total revenue of £43.9 billion and more than 320,000 people employed in the legal sector, it represents a large and lucrative target for cybercriminals.
Global Encryption Day: Protecting our first line of defense
Today, Global Encryption Day 2023, marks the perfect opportunity to reflect on what has been a highly challenging year for the technology.
Encryption acts as a fundamental safeguard of data privacy, securing data both during transmission and while at rest. It often serves as a primary defense against hackers and is indispensable in preventing unauthorized access to sensitive information. With the risk of reputational damage and massive fines for those who are breached, it is essential for any organizations looking to ensure regulatory compliance.
Why open banking holds the key to customer centricity
The proliferation of fintech platforms has prompted consumers to demand more from their banks. Historically, legacy industry resistance to securely sharing customer data with third parties has deprived banks of opportunities to engage customers and foster longer-term retention more deeply. Many incumbent banks felt an open banking structure threatened their business models. However, as banks shift their mindset and embrace open banking, it’s evident that the 'mainstreaming' of an open banking infrastructure benefits both banks and consumers through a larger marketplace of product options.
Consumers can use open banking by consenting to share their data with other providers securely and receive a more comprehensive range of product offerings and more personalized and efficient services -- all in one place.
Sleuthing for the threat of a Business Email Compromise
In this new era of generative artificial intelligence, one of the biggest security risks involves business email compromise attacks. Countless malicious phishing emails are already being cloned, refined, and delivered by smart AI bots around the world.
A business email compromise (BEC) is a sophisticated cybercrime that uses emails to trick the receiver into giving up funds, credentials, or proprietary information through social engineering and computer intrusion techniques. Many BEC attacks combine multi-channel elements to make the frauds seem more convincing, such as incorporating fake text messages, web links, or call center numbers into the mix with email payloads. For example, the attackers might spoof a legitimate business phone number to confirm fraudulent banking details with a victim.
Unmasking cybersecurity's hidden threats
The cybersecurity landscape is experiencing an unprecedented surge in vulnerabilities. In 2022 alone, a staggering 25,096 new vulnerabilities were added to the National Vulnerability Database (NVD). This number represents the highest count of vulnerabilities ever recorded within a single year and reflects a 25 percent increase compared to the 20,196 new vulnerabilities reported in 2021.
This escalating trend indicates that cybersecurity threats are not only on the rise but are also accelerating at an alarming pace. The reasons behind this surge in vulnerabilities are multifaceted, stemming from factors such as the increasing complexity of software and technology systems, the rapid pace of digital transformation, and the growing sophistication of cyber attackers.
DevOps, diversity, and the lens of intersectionality
One of the core principles of DevOps is to build a supportive culture, one based on collaboration and empathy. This is often overlooked in the rush to build, deploy and continuously run applications.
Empathic, collaborative environments equip DevOps teams to better understand the unique challenges they face as individuals, enhancing their ability to resolve issues together in a way that promotes a culture of blamelessness. This can help pave the route to a greater sense of psychological safety (the belief that you’re safe to take interpersonal risks, such as sharing ideas or soliciting feedback).
Best Windows apps this week
Five-hundred-and-sixty-five in a series. Welcome to this week's overview of the best apps, games and extensions released for Windows 10 and 11 on the Microsoft Store and elsewhere in the past seven days.
Microsoft plans to move several native apps to a new System Components hub in Windows 11. The apps include Get Help, Microsoft Store and Windows Security. A new Systems label will be shown in the Start Menu as well and, somewhat surprisingly, for more apps.
How the EU's new AI Act will affect businesses [Q&A]
The European Union first proposed introducing a regulatory framework for AI back in 2021, the wheels of politics inevitably grind slowly, however, and it's still working on legislation to bolster regulations on the development and use of artificial intelligence.
The proposed Artificial Intelligence Act has sparked a good deal of debate in the industry with many worried that it could harm business competitiveness.
Photoshop Elements 2024 gives access to Adobe Photoshop's AI tools without a subscription
Adobe has released Photoshop Elements 2024, the latest version of what amounts to a cheap (ish), lightweight version of its Photoshop image editor. Some of the changes to be found in this latest release are AI-powered tools, much like many of the most exciting changes in its big sibling.
There are many reasons some people are put off by Photoshop, including its complexity and steep learning curve. But the fact that modern editions are only available on a subscription basis is turn-off for many. Not so with Adobe Photoshop Elements 2024. Here, you get the best of all worlds -- a powerful yet accessible image editor, incredible new tools powered by artificial intelligence, and an old-fashioned pay-once price tag.
BitLocker could be cutting the performance of SSDs almost in half in Windows 11
A new report goes some way to showing that the BitLocker security feature of Windows 11 could be massively reducing the performance of SSDs.
An investigation found that the data encryption tool, which is enabled by default in Windows 11 Pro, can slow solid state drives by as much as 45 percent. While it would be reasonable to expect a bit of a performance drop overall as the software works away encrypting and decrypting files, few people would expect the hit to be quite so significant.
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