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One of the top findings from the 2018 Thales Data Threat Report, FinancialServices Edition was that data breaches in U.S. financialservices organizations are increasing at an alarming rate. Two other key drivers are digitaltransformation and poor investments in IT security tools needed to protect data.
FinancialServices Organizations Need to Adapt their Security Practices to the Shifting Environment. businesses are taking advantage of digital technologies like cloud, mobile, and IoT to digitallytransform their operations. Thu, 11/05/2020 - 06:52. Labelled Industry 4.0, Labelled Industry 4.0,
Medical IoT will continue to be of the utmost importance . Incorporating practices like card recycling as well as eco-friendly products such as the Ocean Plastic® Card made of reclaimed marine plastic waste collected by Parley for the Oceans , has also been front of mind for many financialservices organisations in the past year.
Without them digitaltransformation would never have gotten off the ground. Related: Defending botnet-driven business logic hacks APIs made possible the astounding cloud, mobile and IoTservices we have today. OFX is the financialservice industry’s standard for transferring funds,” he says.
Related: How 5G will escalate DDoS attacks Caught in the pull of digitaltransformation , companies are routing ever more core operations and services through the Internet, or, more precisely, through IP addresses, of one kind or another. That’s improved as MSSPs incorporate advanced services.
Digitaltransformation is changing the way we live and work, both in India and around the globe. DigitalTransformation is Well Underway. Banking, financialservices, media, insurance, and e-commerce companies have the lead in transformational initiatives in India.
We’re thrilled to be working together and to have Denis’ expertise in digitaltransformation and emerging technologies to facilitate Altada’s global expansion and further scale the impact of our cutting-edge AI solutions.”. Said Allan Beechinor, Altada’s Co-Founder and CEO. About Altada Technology Solutions.
Financial firms should explore how the vast array of SASE services can improve the services they offer while providing unparalleled security for the network. The post Addressing Financial Organizations’ Digital Demands While Avoiding Cyberthreats appeared first on Security Boulevard.
In our increasingly digital world, a greater proportion of businesses across different sectors are trying to integrate new technologies into their processes. Technologies such as IoT, cloud computing, edge computing, and AI have the ability to drastically improve the service and operations of any business.
In the business and technology world, perhaps its main effect has been to press the accelerator on digitaltransformation in organizations across the globe. Bringing automation, Artificial Intelligence (AI), machine learning, and the Internet of Things (IoT) to the workplace as part of digitaltransformation has many benefits.
The 57 percent rate statistic is the highest of all verticals we measured in this year’s report (others include the healthcare industry, the retail industry, and the financialservices industry) or any region surveyed. I think it’s worth further expanding on our cloud technology findings.
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