Business leaders worry more about ransomware than the economy
According to a new survey from Censuswide for Veeam Software, UK business leaders rate ransomware as a more significant threat to their organization (43 percent) than the economic crisis (41 percent), skills shortages (34 percent), political uncertainty (31 percent), and Brexit (30 percent).
The survey 100 directors of UK companies with over 500 employees who had suffered a ransomware attack in the past 18 months finds 61 percent are anxious about the prospect of another attack.
IT and finance battle for control of cloud spending
A tug-of-war between finance and cloud leaders is preventing enterprises from controlling their cloud spending, according to new research.
The study from Vertice, of 600 senior finance and tech leaders in the US and UK, shows cutting cloud spending is revealed as the number one cost-saving priority for over a third of finance leaders, but only nine percent of technical leaders say that managing cloud costs is a top concern.
Growing data volumes drive enterprise IT priorities
A new survey of 500 data and IT leaders who manage data workloads of 150 terabytes or more shows that growing volumes of data are increasingly driving business priorities.
The study, from hyperscale data analytics platform Ocient, finds 90 percent of IT and data leaders are planning to remove or replace existing big data and analytics technologies in the next six to 12 months.
Enterprise networks are evolving; your security architecture needs to evolve, too
The cybersecurity landscape is no stranger to change. Security strategies must adapt to the onslaught of new threats and the increasing sophistication of cyber-attacks. The emergence of 5G as a primary WAN technology creates new opportunities and corresponding security challenges for businesses. As 5G technology delivers faster and more flexible connectivity capabilities, enterprises can expand their networks and provide additional connectivity in more places and for a broader range of devices. With this comes a need for comprehensive, customizable security to handle this growth.
A major area that 5G technology will affect is the expansion of IoT devices, as many will be added to 5G networks. Ericsson predicts the number of IoT-connected devices will reach 34.7 billion by 2028, up from 13.2 billion in 2022. As the number of IoT devices continues to grow, the attack surface also grows, increasing the risk of attack from bad actors. This is why we have seen a rise in cyber-attacks targeting IoT devices, with Techmonitor identifying a 98 percent spike in cyber-attacks on IoT devices within the last quarter of 2022.
Why it's critical to have an incident response plan [Q&A]
Recent research carried out by IBM found that organizations with regularly tested incident response plans had a $2.66 million lower data breach cost than organizations without them.
We spoke to Adam Scamihorn, product director at InterVision, to find out why every enterprise needs to have a strong incident response plan in order to face up to growing security threats.
Only 14 percent get back all their data after a ransomware attack
New research shows that only 14 percent of businesses get back 100 percent of their data following a ransomware attack -- even if they agree to the ransom demand.
The study sponsored by Zerto and conducted by Enterprise Strategy Group also reveals that nearly 60 percent of organizations reported an impact to regulated data, such as personally identifiable information, in successful ransomware attacks.
The changing role of the CTO [Q&A]
Between the rise of competition, the changing regulatory landscape, the evolution of AI and the rise of new threat actors, the role of the CTO can be a challenging one.
What characteristics are needed for the role and how can incumbents ensure that it remains relevant? We spoke to Ajay Keni, CTO at OneSpan, to find out.
Data governance is top enterprise priority when introducing AI
IT and business leaders are largely allowing employee use of generative AI but the majority (66 percent) are concerned about the data governance risks from AI, including privacy, security and the lack of data source transparency in vendor solutions.
The latest 2023 State of Unstructured Data Management survey from Komprise is based on responses from 300 global enterprise storage IT and business decision makers at companies with more than 1,000 employees in the US and UK, and finds 90 percent of organizations allow employee use of generative AI.
Why enterprises must modernize their apps [Q&A]
Most organizations have some level of legacy apps. These can be hard to maintain and inhibit initiatives like data sharing. But the modernization process is challenging due to staffing, tools, training, and other issues.
We spoke to EvolveWare CEO Miten Marfatia to find out how enterprise IT can ease this complex process and ensure they get it right.
CISOs see budgets increase despite economic slowdown
A new report from Team8 shows that 56 percent of CISOs have had budget increases since 2022 despite the economic slowdown, while 25 percent saw no change and 19 percent cuts.
However, larger security departments have been most affected by budget cuts with 67 percent of those with 51-100 people seeing budget reductions.
AI chatbot simplifies Kubernetes management
Kubernetes management platform company D2iQ is launching new updates to its D2iQ Kubernetes Platform (DKP) that include DKP AI Navigator, an AI assistant that enables enterprise organizations to overcome the skills gap they face in adopting cloud-native technology.
DKP AI Navigator enables organizations to harness more than a decade of the D2iQ team’s experience. It's been trained on D2iQ's internal knowledge base, enabling customers to ask questions and receive real-time responses in a natural, intuitive way. This can reduce the duration and cost of system misconfigurations and downtime while helping organizations overcome the Kubernetes skills gap.
Boards show confidence in their cybersecurity but still think they're at risk of attack
A new survey reveals that board members tend to feel good about their company's cybersecurity policy, but that many are still unprepared to face a cyberattack.
The study from Proofpoint surveyed over 650 board members across 12 countries and finds that 73 percent believe cybersecurity is a high priority for their board, 72 percent feel their boards understand the threats they face, and 70 percent agree they have adequately invested in resources.
Two out of three companies lose data due to failed backups
Of the 90 percent of UK enterprises that have been forced to turn to their backup system, only 27 percent were able to recover all of their information and documents -- down from 45 percent in 2022.
A survey from encrypted drive maker Apricorn finds 32 percent of the security decision makers in large enterprises surveyed attributed the unsuccessful recovery to a lack of robust backup processes, up from two percent in 2022.
How organizations can safely adopt generative AI [Q&A]
Generative AI tools like ChatGPT have been in the news a lot recently. While it offers many benefits it also brings risks which have led to some organizations banning its use by their staff.
However, the pace of development means that this is unlikely to be a viable approach in the long term. We talked to Randy Lariar, practice director of big data, AI and analytics at Optiv, to discover why he believes organizations need to embrace the new technology and shift their focus from preventing its use in the workplace to adopting it safely and securely.
Why serverless platforms will unlock a new era of low-code development [Q&A]
As developers look for ways to improve productivity they're moving away from 'no-code' offerings and have their sights set on serverless platforms to help bolster their 'low-code' solutions.
Serverless platforms take tasks like managing application resilience, performance, security and compliance away from developers, allowing them to focus on functionality and innovation. We spoke to Briana Frank, VP of product at IBM Cloud to find out more about how serverless will unlock the next era of low-code.
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