Category Archives: digital transformation

Organizations need to understand risks and ethics related to AI

Despite highly publicized risks of data-sharing and AI, from facial recognition to political deepfakes, leadership at many organizations seems to be vastly underestimating the ethical challenges of the technology, NTT DATA Services reveals. Just 12% of executives and 15% of employees say they believe AI will collect consumer data in unethical ways, and only 13% of executives and 19% of employees say AI will discriminate against minority groups. Surveying 1,000 executive-level and non-executive employees across … More

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Enterprises should strive for composability to be resilient during uncertainty

CIOs and IT leaders who use composability to deal with continuing business disruption due to the COVID-19 pandemic and other factors will make their enterprises more resilient, more sustainable and make more meaningful contributions, according to Gartner. Analysts said that composable business means architecting for resilience and accepting that disruptive change is the norm. It supports a business that exploits the disruptions digital technology brings by making things modular – mixing and matching business functions … More

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AppDynamics is separating signal from noise at a time of unprecedented change

In a world that relies on digital applications to power all aspects of daily life, now more than ever strong digital performance is imperative to ensuring business operations run smoothly. Failure to deliver an exceptional experience can make or break an organization. According to AppDynamics’ survey of 7,000 consumers, two-thirds of consumers claimed they would…

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Machine identity related cyberattacks grew by 433% between 2018 and 2019

The machine identity attack surface is exploding, with a rapid increase in all types of machine identity-related security events in 2018 and 2019, according to Venafi. For example, the number of reported machine identity-related cyberattacks grew by over 400% during this two-year period. “We have seen machine use skyrocket in organizations over the last five years, but many businesses still focus their security controls primarily on human identity management,” said Kevin Bocek, VP of security … More

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People-centred approach to cybersecurity needed as Canadians shift to an increasingly digital economy

By Ireen Birungi, Chief Information Security Officer, Interac Corp. For too long the cybersecurity world has viewed people as the weakest link and biggest point of vulnerability when it comes to risk. However, post COVID-19 we are starting to see a shift in this mentality – a shift that sees people as the greatest asset…

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How tech trends and risks shape organizations’ data protection strategy

Trustwave released a report which depicts how technology trends, compromise risks and regulations are shaping how organizations’ data is stored and protected. Data protection strategy The report is based on a recent survey of 966 full-time IT professionals who are cybersecurity decision makers or security influencers within their organizations. Over 75% of respondents work in organizations with over 500 employees in key geographic regions including the U.S., U.K., Australia and Singapore. “Data drives the global … More

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Global spending on cloud services to surpass $1 trillion in 2024

The COVID-19 pandemic has largely proven to be an accelerator of cloud adoption and extension and will continue to drive a faster conversion to cloud-centric IT. Global spending on cloud services to rise According to IDC, total global spending on cloud services, the hardware and software components underpinning cloud services, and the professional and managed services opportunities around cloud services will surpass $1 trillion in 2024 while sustaining a double-digit compound annual growth rate (CAGR) … More

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Cloud environment complexity has surpassed human ability to manage

IT leaders are increasingly concerned accelerated digital transformation, combined with the complexity of modern multicloud environments, is putting already stretched digital teams under too much pressure, a Dynatrace survey of 700 CIOs reveals. This leaves little time for innovation, and limits teams’ ability to prioritize tasks that drive greater value and better outcomes for the business and its customers. Key findings 89% of CIOs say digital transformation has accelerated in the last 12 months, and … More

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Is the skills gap preventing you from executing your enterprise strategy?

As many business leaders look to close the skills gap and cultivate a sustainable workforce amid COVID-19, an IBM Institute for Business Value (IBV) study reveals less than 4 in 10 human resources (HR) executives surveyed report they have the skills needed to achieve their enterprise strategy. COVID-19 exacerbated the skills gap in the enterprise Pre-pandemic research in 2018 found as many as 120 million workers surveyed in the world’s 12 largest economies may need … More

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Google finally hangs up on Hangouts, says auto migrations to Chat begin in 2021

Google says it’s sunsetting Hangouts and pivoting to Chat, and Chat will become available as a free service—both in the integrated experience in Gmail and the Chat standalone app.  The news comes just days after the recent rebranding of G Suite to Google Workspace. Google says it will allow everyone to begin upgrading from Hangouts to…

The post Google finally hangs up on Hangouts, says auto migrations to Chat begin in 2021 first appeared on IT World Canada.

Banks risk losing customers with anti-fraud practices

Many banks across the U.S. and Canada are failing to meet their customers’ online identity fraud and digital banking needs, according to a survey from FICO. Despite COVID-19 quickly turning online banking into an essential service, the survey found that financial institutions across North America are struggling to establish practices that combat online identity fraud and money laundering, without negatively impacting customer experience. For example, 51 percent of North American banks are still asking customers … More

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How will blockchain impact the global economy?

An analysis by PwC shows blockchain technology has the potential to boost global gross domestic product (GDP) by $1.76 trillion over the next decade. That is the key finding of a report assessing how the technology is being currently used and exploring the impact blockchain could have on the global economy. Through analysis of the top five uses of blockchain, ranked by their potential to generate economic value, the report gauges the technology’s potential to … More

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Fast tracking the digital journey

Technology is moving at a breakneck pace and there is nothing to indicate it will ever slow down. With 90 per cent of new apps slated to be cloud native by 2025, companies are challenged to be resilient and agile enough to meet business and customer expectations. “This is a critical challenge,” says Jim Love,…

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