How NFTs are blending collectibles with practicality
They can be as elaborate or as simplistic as you can imagine – and they might just turn you into the world’s third most expensive living artist. NFTs have taken the cryptocurrency landscape by storm, and although they may lack the physical presence of more traditional artworks, their digital nature may well make them even more practical than we could …
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Navigating the public sector cybersecurity storm
From a public sector perspective, over the last eighteen months the demands on IT have been greater than ever before. The initial strain came at the outset of the pandemic when IT departments within public sector organizations were forced to rapidly implement remote working for their own staff. The focus was on keeping the lights on and ensuring service continuity. …
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Can the UK compete globally on online retail?
Around the world, eCommerce is experiencing skyrocketing growth. For the year 2021, the sector is expected to reach a sales value of $4.89 trillion. Indeed, online retail as a proportion of total retail sales in the UK nearly doubled, up from 19.5 percent in January 2020 to 35.2 percent in January 2021. Questions over the sustainability of this boom once …
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Bots are costing businesses millions every year
Every year, businesses lose the equivalent of 3.6 percent of their revenue to bot attacks, according to a new report from Netacea. For a quarter of businesses affected (25 percent), this amounts to a quarter of a million dollars lost. The bot management firm says the average enterprise takes three months to spot a bot attack, mostly because they don’t …
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Cybercriminals are making a killing selling access to business networks
Hackers are earning massive amounts of money selling access to compromised networks on the dark web, a new paper from cyber threat intelligence firm IntSights asserts. The company’s researchers sifted through both Russian and English-speaking dark web forums and found that attackers often sell access to compromised networks to other groups. Sometimes they found they were not skilled enough to …
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Ransomware groups set sights on large corporations
Ransomware operators are setting their sights on large corporations, as the number of attacks surges worldwide, a new report from security firm Barracuda Networks suggests. The report states that the volume of ransomware attacks rose 64 percent year-on-year, totalling 121 incidents detected in-house since August 2020. Of that number, 40 percent targeted large multi-national businesses, compared to just 14 percent …
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AI and RPA powered testing: innovate with confidence in workforce management
When it comes to workforce management, AI is a tool already routinely deployed across all types of companies, in all sorts of industries as organizations look to increase efficiency and agility in their operations – while simultaneously freeing staff from monotonous, low-value work, enabling them to focus on customer service and revenue-generating activities. Be it powerful algorithms that claim to …
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Understanding XDR, the security industry’s new favorite buzzword
Every year, it seems there is a new solution in the security industry that will finally address the challenges security teams have been struggling with for years. Lately, the security vendor community is ablaze with talks of ‘XDR,’ an often-overheard acronym for eXtended Detection and Response. While XDR was first coined in 2018, the vendor-led buzzword has more recently sparked …
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The latest in cyber innovations are a cause for concern
In the second quarter of 2021, companies were fending off each month on average around 5000 malicious events. This represents a jump in blocked attacks of around 30 percent quarter on quarter and an increase of 40 percent in average blocked volume, with companies based in America and Europe, Middle East and Africa defending against twice as much volume compared …
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Bridging the gap: Bringing software development methods to BizApps (Part 2)
Presented with a tough problem to solve, any good engineer will ask, “Who has already solved this? Can I copy it?” That’s increasingly happening on business applications teams. They’re looking to the world of software development to DevOps principles like versioning, continuous integration, and automated testing, and seeing an uncanny resemblance and a whole lot of time-saving practices they can …
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