Articles

The Financial Services sector is a prime target of cybercrime due to the personal & financial data it collects from its customers that can easily be monetarised. In 2020 there were more than 1,500 data breach incidents reported in the Financial Services sector globally, with financial motives accounting for more than 90% of the data breaches, according to the Verizon 2020 Data Breach Investigations Report.

Cybersecurity mesh, security-savvy boards of directors, and remote working all made this year’s security and risk trends. As cybersecurity and regulatory compliance become the top two biggest concerns of corporate boards, some are adding cybersecurity experts specifically to scrutinise security and risk issues. 

Analyst firm Gartner, Inc. has announced its predations for the top 10 data and analytics (D&A) technology trends for 2021.

Data protection challenges are undermining organizations’ abilities to execute Digital Transformation (DX) initiatives globally, according to the Veeam Data Protection Report 2021, which has found that 58% of backups fail, leaving data unprotected. 

Australian small businesses are less likely to invest in, use, earn from or offer customers the use of digital technologies than their Asia-Pacific counterparts, according to CPA Australia, the professional accounting organisation. CPA Australia surveyed 4,227 businesses in 11 markets about their operations and plans. Australian small businesses won the “wooden spoon” for digital transformation

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