Why data analytics powered by the cloud, holds the key to avoiding stock shortages

There’s no doubt that Covid-19 has fundamentally impacted every single business this year, with some coming out of the situation ahead, but many understandably struggling. Whereas with financial crashes, there are tremors before the big event, disruption like this is difficult, if not impossible, to predict. As such, many companies were caught out by seismic changes to their usual processes, …

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British Airways will pay billions in compensation over infamous data breach

British Airways (BA) has acknowledged it was responsible for two major 2018 data breaches and is looking to settle. According to an InfoSecurity report, BA is aiming to avoid litigation and is willing to pay out as much as $4 billion to settle the case. A total of 565,000 customers had their personal data exposed by the breaches, including their …

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A year in review: why 2020 has pushed data privacy into the spotlight

Paying attention to data privacy and security is no longer optional. This year alone has witnessed several landmark data protection and privacy events, including record-breaking fines for HIPAA violations, the handing down of the Schrems II ruling from the European Court of Justice, and the start of enforcement of the California Consumer Privacy Act of 2018 (CCPA). EU data protection …

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A discount isn’t just for Christmas – why data can hold the key to relationships that go beyond the festive season

However, an increased adoption of digital technology has resulted in much more data being readily available – and consumers are calling for enhanced transparency and stewardship of that data. With a growing awareness around data privacy rights, consumers have become more intentional about what type of data they share, and with whom. In fact, over six-in-ten (64 percent) consumers say …

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UK Ministry of Justice in hot water over 17 serious data breaches

In the past year, the UK Ministry of Justice (MoJ) reported 17 serious data breaches to the Information Commissioner’s Office (ICO), affecting more than 120,000 people. This is according to data found in MoJ’s annual report for 2019/20, and analyzed by the Parliament Street think tank. The incidents mostly came down to sloppy and reckless behavior – e.g lost unencrypted …

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Why you don’t have to trade agility or collaboration for data security

Bad actors thrive in chaos. Email scammers taking advantage of Covid-19, have heard this message clearly: large scale uncertainty and mass digital change is fertile ground for those looking to exploit others. Never has there been a more uncertain time for workers than earlier this year, as the pandemic swept the globe and businesses had to move to digital-first approaches …

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IBM takes another step towards fully homomorphic data encryption

IBM has announced it is ready to give its clients a chance to test its fully homomorphic encryption (FHE) service – a type of system that is widely considered the “Holy Grail” of encryption. The company unveiled its new FHE solution, called IBM Security Homomorphic Encryption Services, and said it could allow enterprises to further protect their existing IT architecture, …

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Many businesses still don’t know if they can trust their data

Multiple problems plaguing data analysts in medium and large organizations are making IT decision makers lose trust in their data. As a result, calls are often made based on gut feeling rather than data-backed insights, causing firms to miss out on revenue opportunities. This is according to a new report from SnapLogic, based on a poll of 500 ITDMs in …

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HMRC under fire for multiple serious personal data mishaps

The UK taxation body, Her Majesty’s Revenue and Customs department (HMRC), has reported 11 “serious” personal data incidents to the Information Commissioner’s Office (ICO) in 2020. According to litigation practice Griffin Law, the incidents affected a total of 23,173 people and further investigation is warranted. The biggest incident by volume occurred in May this year, when National Insurance number letters …

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Data holds the key to adapting to, and eventually overcoming, Covid-19

Data has been in the spotlight this year, but mostly for the wrong reasons. We’ve been glued to our televisions, laptops and newspapers as we’re bombarded with information and statistics about Covid-19; the number of cases, the scale of the economic downturn, the morbidity rate. We’re more interested in data now than, perhaps, we ever have been before, and it …

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