Risk management and mitigation is a high priority for CEOs and other senior executives worldwide — including CIOs and cybersecurity executives. The fact is, it’s impossible to separate risk from technology implementations and the potential cybersecurity vulnerabilities they present. One of the biggest challenges of risk management, as it relates to IT, is the emergence of a…
Merger and acquisition (M&A) activity hit a record high in 2021 of more than $5 trillion in global volume. While the market has certainly slowed this year, it remains on par with pre-pandemic levels — quite a feat at a time of business uncertainty and inflation. But when it comes to corporate deal-making, risk lurks around every corner. The…
Cybersecurity threats and their resulting breaches are top of mind for CIOs today. Managing such risks, however, is just one aspect of the entire IT risk management landscape that CIOs must address. Equally important is reliability risk – the risks inherent in IT’s essential fragility. Issues might occur at anytime, anywhere across the complex hybrid…
Cybersecurity breaches can result in millions of dollars in losses for global enterprises and they can even represent an existential threat for smaller companies. For boards of directors not to get seriously involved in protecting the information assets of their organizations is not just risky — it’s negligent. Boards need to be on top of…
Last month in this column, I wrote about how businesses need to “lock up the front door” to their systems to prevent phishing attacks and take a multi-tiered approach to rethinking the identity of their employees, partners, and customers. And while we have been banging this drum for quite some time, a new villain has…
Customer centricity, or putting the customer’s expectations front and center, is not a new concept. But given the reality of the global pandemic, coupled with uncertain times, delivering on this concept is more important than ever, especially for SMBs. Simply put, delivering genuine value across every customer touchpoint can not only help build resilience but…
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A shift toward hybrid IT infrastructure has accelerated as a result of the pandemic, along with an increased demand for ultra-low latency, high-bandwidth networks and, by extension, edge computing. However, many organizations simply don’t have the resources or the expertise to build or manage the complex distributed systems required for effective edge computing delivery, a…
Motivated by multiple drivers, enterprises across nearly all industries are increasingly embracing artificial intelligence (AI) and machine learning (ML) to enhance efficiency, profitability, and customer experience while improving evidence-based decision making. Ever-increasing volumes of available data, both structured and unstructured, combined with ongoing innovations in the software and infrastructure space capable of handling large data volumes efficiently,…
Energy production and consumption are gradually changing from a centralized model that relies on a power plant generating and distributing regional power to a decentralized model that relies on renewable energy traded in energy communities — groups that share and trade renewable energy. Public utility companies are scrambling to fit into this new, decentralized, digital-first…