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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REvil says it was behind huge ransomware attack

Cybercriminal syndicate REvil has claimed responsibility for the large-scale Kaseya ransomware attack, and is demanding the managed service provider (MSP) pay a record ransom fee. As reported by The Record, the REvil gang made the announcement in a short notice published on the dark web. In the notice, the group says it infected thousands of machines and priced the decryption …

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Global cloud market continues to boom

The global cloud market continues to boom as spending rises beyond on-prem infrastructure, new figures from analyst firm IDC suggest. According to the report, businesses spent $15.1 billion on cloud infrastructure in the first quarter of 2021, up 12.5 percent compared to the same period last year. On-prem infrastructure also recorded growth in the same timeframe, but only of 6.3 …

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Domain.com review | ITProPortal

Domain.com offers relatively affordable shared and managed WordPress hosting plans, and ranks among the best web hosting services available on the market for certain use cases. Domain.com review: Snapshot Domain.com offers relatively affordable shared and managed WordPress hosting plans. The company’s sites had excellent uptime and speed during our testing, and it was easy to get in touch with the …

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The pervasiveness of data and data-centric security strategy

Regardless of what business you are in, a data security breach is an increasingly likely scenario that all businesses must mitigate.  With escalating cybercrime, the widespread growth in cloud computing, and the explosion in mobile devices and varying tech and app use amongst employees and partners; key aspects of enterprise security are now, and will forever be, beyond our control.  …

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The best anonymous image hosting sites

With the best anonymous hosting solutions, you can host websites, images, and other content without having them linked to your name or other personal details. This is useful for those who want to upload content that could be sensitive or controversial—within reason. By using an anonymous image hosting site, you can usually upload and manage your photos without having to …

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ITDMs fear current data architecture will not support AI projects

More and more companies are looking to leverage the power of artificial intelligence (AI) and machine learning (ML) to improve their customer experience, streamline production and boost agility. However, the decision-makers tasked with making the AI dream a reality are worried that current infrastructure won’t meet the necessary requirements, a new study from Redis Labs has shown. IT leaders understand …

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Changing role of CISOs | ITProPortal

The past decade has seen a dramatic rise in cyber threats and attacks, catalyzed by a myriad of factors including rapid digital transformation, the demands of the pandemic and the exponential growth of data sharing as consumers demand more personalized and unique experiences from brands. While ‘cybersecurity hygiene’ has long been the buzzword, a robust cyber strategy is now considered …

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Effectively closing entry gates for hackers: How strong authentication protects against ransomware

Ransomware is a problem that is here to stay and that will in time become an even bigger issue – that is a fact that is clear to everyone involved in IT security. According to the international study “The State of Ransomware”, more than half of all organizations have experienced a ransomware cyberattack in 2020. Once hit, giving in to …

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Snake oil or panacea? The truth about digital transformation

Businesses have an interesting problem on their hands when it comes to adopting and implementing technology. As advancements are made and new products and processes are developed, the possible applications of these products and processes are quick to become over-hyped. The technology itself becomes commoditized, with many businesses prioritizing the fact that they have and are using this ‘cutting-edge’ tech …

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