UK financial services companies are embracing ‘alternative data’

Financial services companies in the UK are using an increasing number of alternative data sources when making key business decisions, a new report from Oxylabs suggests. The proxy provider polled 252 senior data decision-makers from the country’s finance sector and found that 63 percent of respondents use “non-traditional” data sources that have not previously been analyzed. These include web scraping …

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Multi-cloud set to dominate the future of cloud services

With most organizations setting their sights on multi-cloud infrastructure, this model is set to dominate the future of cloud computing services. This is according to a new report from Ensono Research, which surveyed 500 full-time cloud procurement decision-makers across the US and UK, from a variety of industries. The company found that private cloud environments are still important to businesses …

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The future of cloud services post-pandemic

Covid-19 forced many companies to rapidly adopt cloud-based technologies in a way that could never have been predicted. Whether it was how we communicated or how we collaborated, businesses needed to find a way to work securely in the new world we are currently operating in, and this has accelerated the adoption of cloud solutions in a short space of …

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Cyberattacks launched from hacked Microsoft and Google services

Cybercriminals are using trusted email platforms from Microsoft and Google to host and distribute malicious content, including ransomware, a new report from cybersecurity experts Proofpoint found. In a blog post, Proofpoint’s EVP Cybersecurity Strategy, Ryan Kalember, said that last year, 59,809,708 malicious messages were distributed through Microsoft Office 365. Google’s services were used to host, or distribute, more than 90 …

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Cloud technology services – How they drive tangible innovation for businesses today

Worldwide end-user spending on public cloud services is forecast to grow 18.4 percent in 2021 to total $304.9 billion, up from $257.5 billion in 2020, according to recent research from analyst firm Gartner. It finds that the proportion of IT spending that is shifting to cloud will accelerate in the aftermath of the Covid-19 crisis, with cloud projected to make …

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UK firms worried about upcoming Digital Services Act

Some UK businesses may be “cautiously optimistic” about the upcoming Digital Services Act (DSA), but almost all of them are also worried about the implications for their operations. This is according to a new report from online content moderation firm Besedo, which surveyed 200 businesses on the upcoming changes. The DSA is a new set of rules and regulations submitted …

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How Covid-19 has changed investment in IT Services – and what’s next for the industry

Despite the Covid-19 pandemic, the IT services industry has continued to thrive through 2020 and into 2021. Even though many corporates have cut costs and stockpiled cash, IT spend has remained robust. The pandemic, and the ensuing changes to working practices, has thrown the spotlight on a company’s IT capabilities like never before and increased demand for solutions to the …

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What do identity theft protection services do?

Having your identity stolen can be crippling. Identity theft can wreak havoc on your financial situation, as thieves are able to ruin your credit score and even claim money that you’re entitled to. An top of that, knowing that someone else has your personal information takes an emotional toll. Many victims of identity theft report feeling anxious or stressed, even …

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What the new normal holds for Cloud & Infrastructure Services

The Covid-19 pandemic is serving as a catalyst to cloud adoption across the world as organizations embrace digital ways of working. A recent report by Gartner predicted that worldwide spending on cloud services will grow by 19 percent in 2020, even as the overall IT spending will fall by around 8 percent during 2020 as a result of economic uncertainties. …

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Financial services sector pushing hybrid cloud usage more than ever

The financial services sector is pushing hybrid cloud usage more than ever, a new report from Nutanix states. The company’s third annual Enterprise Cloud Index Report claims that financial services firms expect hybrid cloud to be the only IT model to show positive growth within half a decade. It is expected to grow by 39 percent during that time. Furthermore, …

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