Like any other industry, the financial services sector is undergoing digital transformation. While banking and finance have historically been quite traditional, pressure from more agile startups has led larger companies to look to tech to stay competitive.
The effect of the COVID-19 pandemic has driven more people to do their banking online too. Here are the key trends that experts expect to see in the fintech sector in 2023.
Quantum computing holds the promise of much faster processing speeds but is still widely viewed as still being some way in the future as a commercial proposition. It could boost machine learning and AI, and unlock the power of unstructured data.
Of course quantum also comes with security challenges thanks to its potential to crack passwords and break encryption. Here's what industry experts expect to see happening in the quantum world in 2023.
Data is increasingly seen as being among and organization’s most valuable assets and businesses are generating more and more of it.
But of course it has to be stored and kept secure. Much of it is in an unstructured form too, which creates additional challenges. We asked some experts in the data and storage field to give us some predictions for this sector in the coming year.
It's the time of year when people start to look ahead to the next one and offer predictions for what might lie ahead. For the past couple of years this has rather been hijacked by events including COVID, the Ukraine conflict and consequent economic disruption.
This hasn't stopped people in the tech world making predictions though, in fact we've received more this year than ever. So in the first of a series of roundups let's take a look at what might lie ahead for AI in 2023.
In 2022, cybersecurity further became a top priority for businesses around the world following critical attacks on both the public and private sectors and of course, the use of cyber warfare as a Russian tactic in its invasion of Ukraine.
This year, organizations have spent significant time and resources attempting to mitigate the risks associated with Business Communication Compromise, including phishing attacks and Personally-Identifiable Information leakages. In 2023 we will see malicious actors increase the frequency of and escalate tactics and techniques around communication. Below are my top 5 predictions for Business Communication Compromise in 2023.
Digital transformation remains a highly important topic for enterprises that keeps evolving. With ongoing economic uncertainties, like rising inflation, market turbulence, and the energy and cost of living crisis, businesses are realizing they must do more with less over the coming year.
Organizations are gearing towards technologies that can enable their systems and processes to support each other seamlessly and enable them to drive efficiencies. In particular, they are turning to open source technologies to improve connectivity, observability and security in their ever-growing tech stacks.
It’s no secret that cyber threats are constantly evolving and morphing -- new risks are appearing every day. In Q2 2022, cyberattacks increased by 32` percent compared to Q2 2021. Furthermore, over 10 billion IoT devices were connected as of 2021, which will rise to 25 billion by 2025. The natural consequence of more gadgets connected to the internet is that hackers will have more chances to take advantage of any vulnerabilities.
When you factor in more organizations automating their processes, there is a surplus of online data. This opens up a Pandora's box of internet security dangers, such as data breaches and theft, which are frequent for organizations of all types and sizes. In fact, in Q1 2022, hackers were the cause of more than 90` percent of data breaches.
Thanks to the IoT and the collection of customer data online, businesses are accumulating more information than ever before.
This means that the need for storage isn't going to go away -- even though it may now be 'out of sight, out of mind' in the cloud. So, what do industry experts think is the future for storage and data as we head into 2022?
Technology has had an impact on most areas of our lives. In the healthcare sector the pandemic has seen a rise in the use of remote consultations and more.
In the next year experts expect this to continue along with trends towards AI, wearables and more.
Although 5G technology isn't yet available to everyone, the rollout continues and as it does businesses need to recognize the challenges and opportunities that it brings.
Here are some industry expert views on what we can expect from 5G in 2022.
The transition to remote and hybrid working has led enterprises to radically revise the way they operate. This has thrown up a variety of new challenges in ensuring systems remain secure.
Industry experts give us their views on what security issues businesses will face as we head into 2022.
Zero trust has been one of the security buzz phrases of the past year and control of identity and credentials is likely to remain a focus for businesses and consumers alike, especially as the work from home trend looks set to continue.
Here's what some of the experts think the identity field holds for us in 2022.
Cybercrime has increasingly become a feature of the modern world and its perpetrators are getting ever more professional.
But what can we expect to see next year in terms of the types of attack and how they're delivered? Here's what the experts think.
Artificial intelligence is making its presence felt in more and more areas of our lives. But what impact is it going to have on digital transformation projects, legislation and more?
Industry experts gave us their views.
Cloud is no longer the new technology on the block and has become firmly established as part of the IT mainstream. But that doesn't mean that it's standing still.
What can we expect to see from the cloud in 2022? (If you answered 'rain' go to the back of the class!) Industry experts gave us their views.