The digital disruption of the RegTech scene: how digitization is enhancing regulatory processes
Regulation can be a double-edged sword. On the one hand, it is needed so that everyone operates in the same manner, and it creates trust and safety in the industry. While, as one government whitepaper put it, businesses are regulated “to deliver better outcomes for the economy, society and the environment”. Yet at the same time, many would argue that …
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Implementing a secure container strategy in your cloud environment
Containers have quickly moved from an emerging technology to an integral part of many organizations’ cloud strategies. Gartner predicts that by 2022, 75 percent of organizations will be running containerized applications in production, up from less than 30 percent today. Yet as containers have achieved widespread adoption, they’ve also caught the eyes of cybercriminals looking for another avenue to exploit. …
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Five top tips to reassess your IT security risk
According to Growth Intelligence over 85,000 online businesses were launched during the first lockdown in the UK – a phenomenal figure. For some it was a move to seek out new or expand existing revenue channels in light of the countless redundancies the pandemic had caused. For others, it was a golden opportunity to pursue a new career or launch …
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Leveraging AI in the next generation contact center
As we emerge from the shadow of Covid-19, businesses have an opportunity to rethink their contact centers and set themselves up for long-term success. If the priority in 2020 was rapid adaptation and survival, the focus for 2021 and beyond should be on reinvention in order to meet a vastly different set of customer expectations. By looking forwards and truly …
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Toe the line: harness data lineage to drive business success
With data growing exponentially in volume and technology continuously evolving, organizations are now finding themselves inundated with an overwhelming amount of information to manage. Without an effective data management solution in place, this situation often leads to countless hours spent trying to reconcile pervasive poor-quality data, inaccurate reporting and lack of compliance for many organizations. Business leaders are now recognizing …
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Bank on backup: how banks can build up resilience to ransomware
The truth of digital transformation is that we’re all now much more vulnerable than we used to be. The rise of online and mobile services has been both a blessing and a curse – the more we rely on data to help run our businesses and our lives, the greater the impact that hackers can have by interfering with it. …
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Digital due diligence – the new front line in business valuation
What is digital due diligence? Due diligence is the investigation and audit based on the examination of financial records, compliance and legal, before entering into a proposed transaction with another party. It is performed to confirm the facts or details of a matter under consideration – typically an acquisition. Due diligence will typically consider the structure, assets, and liabilities that …
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UK wants to lead to global fight against cybercriminal activity
The UK wants to be the global leader in the fight against cyberattackers and is working on a new policy to that end. This is one of the key messages coming out of the G7 meeting currently taking place in the UK. As reported by The Telegraph, UK Foreign Secretary Dominic Raab said the country will be teaming up with …
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Email spoofing attacks are on the rise
The number of email spoofing attacks has almost doubled month-on-month, a new report from cybersecurity experts at Kaspersky suggests. According to the firm, the total number of spoofing attacks rose to 8,204 in May, up from 4,440 the month prior. A number of different methods fall under the “email spoofing” category, it seems, as Kaspersky says the attack can be …
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UK government departments spent £4.4bn on technology in 2020
Last year, the UK government spent a total of $6.23 billion on IT, up from $5.95 billion the year before, a new report from market insight company Tussell suggests. Her Majesty’s Revenue and Customs (HMRC) which, according to Computer Weekly, has several large ongoing technology programs, spent $4.96bn on IT between 2016 and 2020. The Tussel report states that more …
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