A multi-party breach creates 26 times more financial damage than the damage that can be caused by even the worst single-party breach, according to a new report from Mastercard company RiskRecon and Cyentia Institute. The study, “Ripples Across the Risk Surface,” quantifies how a multi-party data breach impacts numerous organizations in today’s interconnected digital world.
Enterprise
In parallel with some of the most devastating security incidents and a rapidly-growing skills gap, 2021 has been a true inflection point for security training and education in the workplace. After an in-depth analysis of millions of users of its learning experience platform, Skillsoft observed a 53% spike in the total number of annual hours
With more organizations embracing the cloud for operations, simplifying multicloud networking is key to empowering cloud operations. Prosimo, an application experience infrastructure (AXI) company that delivers simplified multicloud infrastructure for distributed enterprise cloud journeys, recently released advanced features for App Transit, what it calls the industry’s only infrastructure for cloud environments that gives enterprises autonomous
Former U.S. Department of Homeland Security cybersecurity leader Christopher Krebs laughed off the question without comment at the IT Symposium hosted by research firm Gartner this week: “How would you prefer to be fired, in-person or via Twitter?” Krebs was famously fired by Donald Trump for disagreeing with claims of election fraud following the 2020
During today’s Signal conference, Twilio unveiled a new platform — Twilio Engage — that it says will enable personalization at scale for business-to-consumer companies. A pillar of Twilio’s customer engagement platform, Engage, is designed to help marketers build and launch tailored end-to-end marketing campaigns. An increasing number of companies are embracing personalization for marketing. While
Rossum Ltd., a platform used by enterprises to automatically process and “understand” all their inbound documents, has raised $100 million in a series A round of funding. Sources say that Rossum is now valued at somewhere between $500 million and $1 billion. Some 550 billion invoices alone change hands globally each year, spanning all manner
The technology world tends to take electricity for granted, a commodity that simply flows from the wall. But behind the sockets and wires, a quiet revolution has been transforming how the world generates and delivers electricity. The old model of a single large plant is being replaced by a complex network of smaller generators and
Attacking health care cybersecurity with breaches and ransomware attempts is the big-game-hunting strategy of choice for cybercriminals in 2021. Bad actors, including ransomware gangs, admit health care providers are a soft target and the most willing to pay ransoms. Oh, and there’s another dark-business motivation: Personal health information (PHI) data is the most lucrative to
Artificial intelligence and machine learning pioneers are rapidly expanding on techniques that were originally designed for natural language processing and translation to other domains, including critical infrastructure and the genetic language of life. This was reported in the 2021 edition of the State of AI Report by investors Nathan Benaich of Air Street Capital and
Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next. IoT product provider Zyter has partnered with Juganu, a technology company providing solutions for the professional lighting market, to weave advanced lighting tech into smart cities. Zyter’s IoT platform breaks down information by integrating and consolidating data
Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next. Let the OSS Enterprise newsletter guide your open source journey! Sign up here. DeepMind, the AI lab owned by Google parent company Alphabet, today announced that it has acquired and released the MuJoCo simulator, making it freely available to researchers as a precompiled
Record levels of ransomware, supply chain attacks, and breaches of various types are motivating organizations to prioritize “zero trust” security in 2021. Zero trust is a strategic initiative that helps prevent successful data breaches by eliminating the concept of trust from an organization’s network architecture. Zero trust is not about making a system trusted; it
Open-source software (OSS) has won over the tech industry, a reality dramatically demonstrated by Microsoft’s evolution. When open source first emerged as a trend in 1998, Microsoft responded with hostility. By 2018, the company had changed directions completely and acquired GitHub, the leading platform for developing open source software. If you can’t beat ‘em, join
If someone were to select three terms that represent the frontier of IT in 2021, they might choose: automation, automation, automation. Others might select user experience (UX), AI, edge computing, CloudOps workflows, or DevOps. They’re all legitimate, but the common denominator is automation because each relies to some extent on automated processes. One would think
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! AI-powered relevance platform Coveo today announced that it acquired Qubit, a leader in AI-powered personalization technology for merchandising teams. The acquisition expands Coveo’s ability to use AI to power engaging experiences across commerce, service, support, and digital workplace solutions, and
It’s been a hot, hot year in the world of data, machine learning, and AI. Just when you thought it couldn’t grow any more explosively, the data/AI landscape just did: the rapid pace of company creation, exciting new product and project launches, a deluge of VC financings, unicorn creation, IPOs, etc. It has also been
Organizations across industries are making diversity, equity, and inclusion (DEI) a priority — with 79% planning to allocate more budget and resources in 2022. While devoting more dollars and resources is a positive step, that’s just one factor in creating an enduring culture of DEI. Above: 89% of organizations have a formal DEI strategy, but
This week, Microsoft and Nvidia announced that they trained what they claim is one of the largest and most capable AI language models to date: Megatron-Turing Natural Language Generation (MT-NLP). MT-NLP contains 530 billion parameters — the parts of the model learned from historical data — and achieves leading accuracy in a broad set of