3 major risks enterprises face in the era of digital interconnectivity
Today, enterprise-scale companies are more interconnected than ever. People, applications, servers, networks, and devices in different departments and even in different parts of the world are constantly exchanging information in both the public and private cloud. That’s not a bad thing. In fact, most organizations strive for this kind of silo-less interconnectivity. Desirable as it may be, however, it’s not risk-free.
There are cybercriminals ready to exploit any vulnerability in an organization’s digital defences. That much should be obvious from the 60 000-plus reports of fraud and cybercrime that came from UK businesses in 2021. It’s critical, therefore, that organizations do everything possible to understand and mitigate those risks.
Data maturity drives increased revenues
Data-mature enterprises see a three times improvement in revenue along with shorter time to market, greater profit, improved operational efficiency and great customer loyalty, according to a new report.
The study from IDC and sponsored by analytics specialist Heap shows that how well a company uses data and employs it in its decision making can provide up to a 2.5 times average increase in business outcomes across the board.
AIOps needs a new (customer-focused) approach
IT infrastructure has become incredibly complicated -- intensified by the investment in digital transformations encouraged by the pandemic. One of the unintended consequences? IT teams and incident responders are stressed, and stretched farther than ever. PagerDuty’s The State of Digital Operations lays out the increased burden on these teams, the results in terms of burnout, and the impact having a more mature digital operations can have on minimizing that stress.
AIOps is an essential component to any mature digital organization, and it’s clear a new approach is needed. The sheer volume of IT events, from changes, warnings and incidents, to tickets for more routine activity are increasing 70 percent year-on-year. At a moment when increases in budgets won’t keep pace with the explosion of incidents or the complexity of IT infrastructure (if the budgets aren’t being reduced outright), leveraging AIOps to serve teams and customers is critical.
Organizations plagued by identity sprawl
A new study reveals that identity sprawl is a major problem for organizations, with 60 percent reporting as many as 21 separate identities per user.
The report from Radiant Logic and Gartner Peer Insights looks at the rapid growth of enterprise identity silos, and the explosion of user information, attributes, and credentials that accompanies it.
Real time data is a must-have for enterprises
Real-time data is a 'must-have' not just a 'nice-to have' according to 78 percent of respondents to a new survey into the data strategies of more than 500 IT leaders.
The study from DataStax finds real-time data pays off in two ways: it leads to increased revenue growth and improved developer productivity. For example, 71 percent of all respondents say that they can tie their revenue growth directly to having real-time data.
Almost half of businesses are struggling with cloud costs
A new report published today by business monitoring firm Anodot reveals 49 percent of businesses find it difficult to get cloud costs under control, and 54 percent believe their primary source of cloud waste is a lack of visibility into cloud usage.
The report, based on a survey of over 130 US-based IT directors and executives, shows 91 percent of respondents report they currently have IT infrastructure in the cloud, while 60 percent say that migrating more workloads to the cloud is their top cloud initiative in the coming year.
New, free tool to help enterprises assess financial risk of cyberattacks
A successful cyberattack can have significant costs for a business, in terms of both reputation and finances. But what's the actual cost of an attack? And if you're looking at insurance how much should you be covered for?
To help answer those questions Safe Security is announcing two industry-first assessment tools to empower organizations to make financial decisions based on their actual cyber risk.
The changing role of the CISO [Q&A]
The IT infrastructure of a modern enterprise is made up of a complex architecture of dynamic networks, cloud deployments, software applications, and endpoint devices.
Each of these has its own set of security controls, which form a critical part of the technology ecosystem, but managing these systems can hinder efficient threat detection and response, which in turn compromises visibility, allowing vulnerabilities and gaps to flourish.
Why run your database in Kubernetes? [Q&A]
Kubernetes is one of the most widely used platforms for running containerized applications. Many businesses though still run their databases in a more traditional environment.
Of course there's no reason why you can't run a database in Kubernetes and there are many advantages to doing so. We spoke to Karthik Ranganathan, founder and CTO of cloud-native database specialist Yugabyte, to discuss the pros and cons.
New cloud-based platform helps protect operational security
As more and more devices that we might not conventionally think of as 'IT' become connected, the risks to enterprises increase.
To address this concern Claroty is launching xDome, a new cloud-based industrial cybersecurity platform that drives cyber and operational resilience for modern industrial businesses.
Business intelligence to support a post-pandemic mindset
The 'management versus employee' battle on WFH continues -- but have managers recognized why hybrid working has become such a problem? Without face-to-face interaction, remote workers have far less trust in the information provided by distant colleagues -- or distant business partners/ suppliers/ customers. And that is leading to a breakdown in relationships across the board.
Furthermore, the pandemic has exacerbated differences in working attitudes: for every ambitious individual wanting to make a fast impact on the business before moving on to the next challenge, there is another taking the quiet quitting approach, coasting along doing just enough to get by. How do the former engage the latter or monitor their progress to ensure key tasks are done -- especially when they have zero trust in the business information currently available? The stand-off will be both inevitable and painful -- especially given the continued challenge to recruit talent.
AI-based security solution protects email and messaging
With more people working remotely, messaging and email have become even more essential tools, but the sharing of sensitive data via these routes also presents risks.
Concentric AI is using this week's Black Hat USA to launch an AI-based solution that protects sensitive data shared as text or attachments across today’s most popular business messaging platforms, including email, Slack, and Microsoft Teams.
Enterprises lose millions by not fully exploiting their IT
Failure to make the most of their technology investments could be costing large enterprises almost $100m a year according to a new study.
The report from user experience company WalkMe shows enterprises struggle to give employees the ability to use digital tools as they are intended and to their fullest extent.
Reprogramming the enterprise: How IT teams aim to keep pace with demand
Over the past two decades, the role of IT in the enterprise has shifted from peripheral to strategic. Businesses are now digital-first and technology plays an integral role in driving innovation, differentiation, and sharpening the competitive edge. The past two years have not only shown us what digital channels are capable of, it has placed them front-and-center in the battle for customer engagement. This has forced yet more rapid evolution in enterprises. They are striving to build teams that can respond to the demand for seamless, multi-channel customer experience while fending off competition from disruptive digital native start-ups.
Recently we conducted research among senior IT decision-makers to uncover the key areas of focus, the challenges, and how they are writing new rules for the digital era. The results show how IT teams are effectively reprogramming the enterprise and drawing on new technologies as they seek to deliver outstanding digital experiences with reassuring security levels, while also wrestling with the challenges of talent shortages in the industry.
80 percent of enterprises use open source software and nearly all worry about security
A new study reveals that while 80 percent of enterprises are using open source software (OSS) -- set to rise to 99 percent in the next year -- a mere one percent say they aren't worried about security.
The report from Synopsys, based on research by Enterprise Strategy Group (ESG), shows that in response to high profile supply chain attacks 73 percent of respondents say they have increased their efforts significantly to secure their organizations' software supply chain.
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