How to weather Covid’s perfect storm of insurance fraud – Decisions, decisions, decisions…

The pandemic has hit insurers hard. Despite lower claims volumes due to reduced crime, and fewer cars on the road, the sheer financial and reputational cost of Covid-19 has been enormous for the industry as a whole: since March 2020, Lloyds of London has made a loss due to £6.2 billion in Covid-related payouts. Now the industry needs to ready …

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Many companies still aren’t making the best decisions using their data

Many organizations are still not making the best data-driven decisions, due to complexities in the way it’s stored and analyzed, according to a new report from software companies Starburst and Red Hat. The report states that analytics workloads and demands increased significantly during the pandemic, which has made data access even more critical for the majority of enterprises. However, with …

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Digital skills are more important than ever in hiring decisions

Today, being skilled in digital technologies can save you a job, land you a job, and even get you a promotion. This is according to a new report from the charitable skills initiative Make It Click. Polling more than 500 UK business leaders about their perception of digital skills among employees, Make It Click found that among multiple candidates for …

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Businesses made hasty tech purchasing decisions during the pandemic

The pandemic rushed organizations into digitizing their operations as quickly as possible, which resulted in a high volume of hasty purchasing decision – especially where cybersecurity is concerned. According to security firm Kaspersky, these solutions are often inadequate and are failing to protect businesses to the fullest extent. The company claims many businesses opted for Endpoint Detection and Response (EDR) …

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Outdated tech is slowing down finance decisions

Businesses in the financial sector have identified outdated technology as among the main reasons for slow decision making. This is according to a new report from Riverbed Technology, which claims almost half (44 per cent) of business decision makers in the industry point the finger at defunct technology. The majority of business executives and IT decision makers also agree on …

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