Year: 2020

Website protection is central to business survival and growth, has been highlighted by data from across the globe. There are still many who believe that their websites are somehow secured against these vicious attacks or that a simple vulnerability scanner is a sufficient security. This lackadaisical approach to web application security combined with the increasing lethality and sophistication of attacks is causing the number of attacks to keep rising.   COVID-19 has fast-tracked the transition to digital payments across the Asia-Pacific (APAC) region as consumers opt for the comfort and…

There have been countless reports and articles offering actionable advice on how organizations can adapt to the pandemic. A new study from Juniper Research has found that IoT platform revenue will reach $66 billion (€60 billion) in 2020; rising from $55 billion (€50 billion) in 2019. Despite an outbreak of the global COVID19 pandemic causing a slowdown of businesses across industries, an annual rise of 20% is projected by the year-end.   There is a huge opportunity lies in the  financial institutions, where they have to  offers a wide range of services including personal…

The matter of fact is Covid-19 will have a global impact on business and economy. Covid-19 has exposed the need for resilient, reliable, and efficient systems to maintain essential payment services and protect the interests of all ecosystem participants, from consumers to the largest corporations.   The New Normal will emphasize the need for IT resilience and cyber hygiene in every organization. Going forward, we will see businesses will be more strategic about technology performance and look beyond just using cyber hygiene to avoid risks. It will be embedded into…

Online work increases cyber security risks, as a large segment of the white-collar workplace had to abandon their offices and work from home. Remote work can be productive and rewarding, but it comes with its set of cybersecurity risks. There is a sharp rise of 600% increase in phishing emails since the end of February. Hence, employees working remotely increase their company’s risk of data breach or cyberattack. There is a need for secure collaboration platforms for the modern era, which can be put through rigorous vetting and testing against…

In the world of growing technological challenges and the expanse of new innovative devices being developed by startup companies, a new platform has arisen designed to support the development of these companies.    AI is not new. Over the years, it has progressed with organizations in India now exploring numerous use cases to realize its potential. Organizations are leveraging AI to enhance efficiency, improve productivity, and drive newer sources of revenue.   Organizations across multiple verticals have been leveraging AI-driven by their own needs, but all of them are considering…

In the age of COVID-19, we must embrace challenges and make solid decisions based on critical-thinking principles. Since, there is huge amount of increasing regulatory, client service and margin pressures has prompted a growing number of firms to seek to move to Cloud-based, shared service solutions in order to remain competitive.   While companies have been slowly moving to the cloud for years, the global pandemic has served as a forcing function for businesses to drastically accelerate their cloud adoption. The pandemic has created a premium on agility, which the…

The Ministry of Information Technology concerns on data security and safeguarding the privacy of 130 crore Indians. The ministry said it has received complaints about some mobile apps available on Android and iOS platforms allegedly stealing and surreptitiously transmitting user data in an unauthorised manner to servers outside India. The government invoked power under section 69A of the Information Technology Act to block the apps.   Many of the Chinese apps have been linked to controversies over data privacy, and have been accused of sharing sensitive information with the Chinese…

The COVID-19 recession is for the startups. The survey says, 40% of 250 start-ups surveyed by NASSCOM having halted their business altogether. 92% of all start-ups have faced some level of revenue decline. Around 62% of surveyed start-ups are suffering revenue declines of over 40%, with 34% suffering a revenue decline of over 80%. Many startups’ survival is uncertain, as 70% of all start-ups have only a 0–3 month runway, beyond which they wouldn’t able to sustain and half of the surveyed start-ups were in the fintech, ed-tech and health-tech sectors.  …

In this dark cloud of COVID 19, knowledge dissemination has proved to be a silver lining. Many Insurance companies have taken step to address short-term challenges and Luxury cars like Mercedes-Benz is expecting on their Pre-owned cars to increase the sales rather only few goes for the newer one. At the same time, the smaller and larger businesses are busy in transforming their future growth by using cutting-edge technologies like AI, IoT, wireless and intelligent networks, as well as data analytics will position themselves for success and beyond.   Most…

The Indian IT Industry is the driving force behind the booming economic growth and employment in the country. The business slowdown initiated by the pandemic resulted in the IT sector in India witnessing massive layoffs, pay cuts and hiring freeze.   Most Indian IT services giants such as Infosys, Cognizant, Tata Consultancy Services and Wipro who happen to service the US retail sector, because of the pandemic, have been facing a major slump in business for quite some time. Now these US retail companies are planning a hefty cut in their…