IT News and Events
May 31st, 2021 — Jun 6th, 2021 Generate the Custom HTML Email for this Issue
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Volume 279, Issue 1 << Previous Issue | Next Issue >>
IT News - CxO
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5 Tips For Leading IT Through Crisis
IT leaders from Signet Jewelers, Workday, Turtle & Hughes, and One Call share lessons learned for effective leadership during the COVID-19 pandemic
"Technology teams played the parts of corporate superheroes during the COVID-19 pandemic," writes Clint Boulton in CIO, "accelerating digital strategies to ensure that their enterprises remained operational. IT leaders get the credit for the exceptional execution, but CIOs know that success is fleeting and stability is tenuous.

In fact, 68% of 500 CIOs surveyed say their departments are not completely prepared to help their companies withstand another major business disruption, according to a recent survey conducted by professional services firm Genpact and the MIT CIO Sloan Symposium. The poll was intended to gauge the lessons IT leaders learned in weathering the storm of the pandemic, along with their preparedness for the journey forward..."

CIO, May 26th, 2021
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6 Ways IT Leaders Are Jumpstarting Innovation Post-COVID
CIOs are pushing for new approaches to innovation to meet the opportunities and challenges of a business landscape forever changed by the past year's pandemic
Stacy Collett writes in CIO, "Even as COVID restrictions begin to lift, IT teams may still get little reprieve from the breakneck pace they've maintained throughout the pandemic to orchestrate technical change. That's because, most IT executives don't believe the dust has fully settled - instead viewing IT's next phase as being primed for innovation.

'We think there's still a lot more disruption, and we see changes in early adoption on things like robotics and delivery,' says Joseph Park, chief innovation officer at Yum Brands, parent company to KFC, Taco Bell, and Pizza Hut. 'What that means for us is a doubling down on our pipeline of innovations'..."

CIO, May 24th, 2021
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Chief Information Officer: Enterprise AI And The CIO
How should Chief Information Officers manage AI in the enterprise, and what challenges may arise?
"Every CIO must consider these questions from both enterprise technology and business leadership perspectives.

Author and AI investor Ash Fontana explains the CIO role and CIO responsibilities when developing organizational capabilities for AI, which he calls the AI-first company.

The conversation covers these essential topics:

  • What are the CIO's first steps to adopting enterprise AI?
  • How should CIOs start with enterprise AI?
  • How much technical knowledge about machine learning models should business leaders possess?
  • What are 'data learning effects'?
  • What is Lean AI?
  • Should the CIO or CTO be responsible for investments in AI?
  • Culture change and AI adoption
  • Enterprise AI investment and financial return
  • How to overcome obstacles to AI adoption in the enterprise?

Ash Fontana is author of the book The AI-First Company. He is an investor focused on AI-first companies at Zetta Venture Partners since 2014. Before Zetta, Ash launched syndicates at AngelList - the biggest startup investing platform in the world that now manages over $2B. Simultaneously, Ash made investments in Canva, Mixmax and others..."

CXOTALK, May 25th, 2021
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How CIOs Used AI, RPA To Solve Pandemic Pain Points
Experiments with AI, RPA and natural language processing are evolving from trial to scale as companies weigh the long-term ROI for automation-heavy technologies
"The financial crunch of the pandemic placed banks in a tricky spot last year," writes Roberto Torres in CIODIVE.

"They simultaneously needed to manage major operational changes while processing an avalanche of loan requests through the Paycheck Protection Program.

"There was a high degree of stress because the product had to be available to all these customers who were actually facing a severe economic crisis here," said Amala Duggirala, senior executive VP and chief operations and technology officer at Regions Bank, speaking Thursday at the Forbes CIO Summit.

The bank used natural language processing (NLP) to validate documents in real time. Because some of the loans went to existing customers, the bank also turned to in-house systems and data to speed the application process..."

CIODIVE, May 25th, 2021
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Information Security Governance Guide For The CISO
Information security governance is a collection of standardized modules; that promises top management that the companies' primary goals reflect their overall security
"Information governance is a corporation's core information policy. The IT Governance Institute (ITGI) defines governance as:

'The set of responsibilities and practices exercised by the board and executive management to provide strategic direction, ensure that objectives are achieved, ascertaining that risk is managed appropriately and verifying that the enterprise's resources are used responsibly.'

The method of organizing, guiding, monitoring, and affecting strategic decisions, activities, and behaviors is known as information security governance (ISG). One of the goals of information security governance is to assure that the security framework is correct and reaches the organizational vision..." - CISO MAG

CISO MAG, May 26th, 2021
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Winning CIOs Crack The Code Of Business-IT Alignment
The five finalists for the 2021 MIT Sloan CIO Leadership Award have hit upon a straightforward way to achieve business-IT alignment: Be the business
Linda Tucci writes in SearchCIO, "Money -- how to make it, save it, grow it: If there's a thread that ties together the five finalists for this year's MIT Sloan CIO Leadership Award, it's their grasp of a fundamental reality of the commercial world -- businesses are in business to make money..."

"When we talk about IT or digital technology, my team's focus is to raise margins, increase sales and improve the productivity of the entire organization." That was how Anupam Khare, CIO at OshKosh Corp., a 104-year-old maker of vehicles and equipment for military, firefighting and business uses, described his IT organization in the MIT Sloan CIO Symposium's online session showcasing the award finalists. His advice to aspiring CIOs? "Learn how the business makes money."

SearchCIO, May 26th, 2021
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IT News - AI
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5 Sure-Fire Tips How AI Is Going To Improve Fintech In 2021
The fintech industry is undergoing a rapid transformation as artificial intelligence becomes more widely used
"AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021," opines Sean Parker in SmartDataCollective, "as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools.

Artificial intelligence (AI) and machine learning (ML) are two technologies that use digital technology to improve conventional financial services and solutions. Because of their exceptional ability to enable efficient processes, better financial analysis, and customer interaction, AI and ML are becoming Fintech trends..."

SmartDataCollective, May 24th, 2021
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8 Secrets Of Successful AI Projects
Artificial intelligence holds great business promise, but it takes more than a working model to create scalable, transformative change
"Business leaders at every level see the value of using artificial intelligence, but using AI well is where the true value lies," writes Maria Korolov in CIO.

"And the stakes are high. According to a Deloitte survey released last summer, 61% of companies expect AI to transform their industry over the next three years. Companies with effective leaders, a high level of commitment to AI projects, and a clear AI vision and strategy are positioned to benefit the most from this shift, according to a McKinsey survey released last November..."

CIO, May 27th, 2021
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Using Data Science And Artificial Intelligence In Your Tech Company
There are a lot of great benefits of artificial intelligence with startups that can't be overlooked.
"As a tech company," writes Matt James in SmartDataCollective, "you will always be looking for ways to develop. Using data science and artificial intelligence can be useful for this type of growth. While they share some similarities, there are also some differences between the two. You may be surprised to hear about the amazing benefits that AI offers for startups, especially those in the tech sector.

Artificial intelligence

You may have heard artificial intelligence being referred to as AI in countless movies and TV shows. In real life, it's used for creating improvement rather than turning on humanity, as it is so often shown to be doing on screen, even though this makes interesting viewing..."

SmartDataCollective, May 24th, 2021
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IT News - Technology
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Quantum Computers Could Crack Today's Encrypted Messages. That's A Problem
We'll likely see the top picks for safer, post-quantum encryption technology early in 2022
Stephen Shankland writes in CNET, "Quantum computers, if they mature enough, will be able to crack much of today's encryption. That'll lay bare private communications, company data and military secrets.

Today's quantum computers are far too primitive to do so. But data surreptitiously gathered now could still be sensitive when more powerful quantum computers come online in a few years..."

CNET, May 24th, 2021
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This 700 TB Optical Disc Could Store Almost All Of Netflix
"The optical disk market has kind of stagnated ever since digital platforms have taken up most of the market.
"The optical disk market has kind of stagnated ever since digital platforms have taken up most of the market," writes Abdullah Nasir in Wonderful Engineering.

"Taking care of your stack of disks just isn't appealing anymore. Not to mention the fixed storage capacities. Blu-ray disks can store a good amount of data, around 50 GBs but that's like a single 4k movie nowadays. However, these researchers have just managed to pack 700 terabytes of data onto a single disk showing that there is still potential in these things..."

Wonderful Engineering, May 28th, 2021
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When The Chips Are Down And Prices Go Up
And you thought toilet paper shortages were bad in the beginning of the coronavirus pandemic, or board and plywood prices are high and getting insane at the local hardware depot that you already spent too much money at
"The laws of supply and demand - and the resiliency of the global economy - are going to be severely stress tested by the semiconductor shortage," writes Timothy Prickett Morgan in The Next Platform.

"An eventual rise in chip costs is expected due to the slowdown in rate of shrinkage in chip transistor sizes - and therefore the proportional lowering in the cost of the transistors - that is happening as Moore's Law runs out of gas, in large part due to the very small sizes of these transistors relative to the size of a copper or silicon atom but also driven by the increasing costs of extreme ultraviolet (EUV) lithography equipment and the number of steps it takes to etch a chip using EUV techniques..."

The Next Platform, May 25th, 2021
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IT News - Operations
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Why Is Patch Management So Difficult To Master?
This question has plagued IT and security departments for years
"Each month these teams struggle to keep up with the number of patches issued by the myriad of vendors in their technology stack," writes Juan Pablo in HelpNet Security.

"And it's not a small problem. According to a Ponemon Institute report, more than 40% of IT and security workers indicated they suffered a data breach in the last two years due to unpatched vulnerabilities.

To get a better handle on the never-ending cascade of patches, let's first address some of the problems organizations face today..."

HelpNet Security, May 26th, 2021
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IT News - Security
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2021 Cybersecurity: Mitigating Mobile Security Risks For CISOs
Cybersecurity has always been a significant challenge for businesses, mostly due to the increasing financial and reputational cost of data breaches
"As a result, there has been a consistent rise in tactics and technologies used to combat these threats. These methods fulfill the need for better, smarter ways to augment enterprise-level security and minimize mobile security risks.

Due to the increase in new kinds of cyber attacks, traditional security methods are no longer enough for protecting enterprise data. This is especially true since malicious activity is now targeted towards remote workers and mobile devices.

This article will explore how remote work has changed the way businesses view and analyze enterprise security and why there is a need for CISOs worldwide to put greater emphasis on securing the mobile work environments..." - Security Boulevard

Security Boulevard, May 25th, 2021
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5 Free Ways To Get Better Business Security
Tech crooks really are out to get you, but there are ways to defend your company that won't cost an arm and a leg
"Ransomware to the left of you, malware to the right-what's a small business stuck in the middle to do?" asks Steven J. Vaughan-Nichols in Computerworld

"We all know that securing your company isn't easy or cheap. As Christopher Krebs, former director of the US Cybersecurity and Infrastructure Security Agency (CISA), and Matthew Masterson, former CISA Senior Cybersecurity Advisor, both recently pointed out: we're "now in the midst of a new normal of cyber-enabled malicious activity."

That's bad enough..."

Computerworld, May 25th, 2021
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5 Tips For Building A Cloud Security Architecture
Building a cloud security architecture is no easy task. You need to address your organization's security policies, relevant compliance standards, and security best practices while contending with the high complexity and dynamic nature of cloud infrastructure
Sagar Nangare writes in Network Computing, "With organizations increasingly shifting data and applications to the cloud, the security architecture is becoming critical in ensuring workloads are secure. A cloud security architecture is a framework that defines how an organization approaches cloud security for each cloud model it operates and what solutions and technologies it intends to use to create a secure environment.

Cloud security best practices should be a starting point for a cloud security architecture. Possible sources for standards are documents published by cloud providers, compliance standards by organizations like the National Institute of Standards and Technology (NIST), or security research organizations like the Center for Internet Security (CIS)..."

Network Computing, May 24th, 2021
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Businesses Are At Risk Of Cybersecurity Breaches Due To Worker Error
Cybercrimes have increased 300% since the pandemic, according to the US Federal Bureau of Investigation
"Some 95% of cybersecurity breaches are due to human error. Questionmark, the online assessment provider, has launched a new cybersecurity skills test, with cybersecurity workforce development specialists CyberVista, to help firms meet this challenge.

The average data breach costs firms $3.86m according to research by IBM Security. Despite these costs, many firms do not have people with the right skills to protect them. CyberVista estimates the global cybersecurity workforce needs to expand by 89%. Organizations have a crucial role to play by upskilling existing or new employees..."

AiTHORITY, May 26th, 2021
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ISACA Survey: Only A Third Of Us Organizations Say They Are Highly Prepared For A Ransomware Attack
In the aftermath of the Colonial Pipeline attack, ISACA polled more than 1,200 members in the United States and found that 85 percent of respondents think that their organization is at least somewhat prepared for a ransomware attack
"The Colonial Pipeline attack caused massive disruptions to gasoline distribution in parts of the US this month. Colonial reportedly authorized a ransom payment of US $4.4 million. In the ISACA survey, four out of five survey respondents say they do not think their organization would pay the ransom if a ransomware attack hit their organization. Only 22 percent say a critical infrastructure organization should pay the ransom if attacked.

'In a vacuum, the guidance not to pay makes total sense. We don't want to negotiate with criminals,' said Dustin Brewer, senior director of emerging technology and innovation at ISACA. 'But when you need to get your business back online, a cost/benefit analysis is going to come into play, and a company is going to do what it needs to do to have continuity. Good cyber hygiene has to be a focus to avoid getting to this point.'

The survey's other key findings included:..."

Continuity Central, May 25th, 2021
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Try These Best Practices To Counter Common Cybersecurity Risks
Since the beginning of the pandemic, ransomware and other cyber attacks have spiked
Abhishek Sengar writes in SecurityIntelligence, "Meanwhile, millions of people have shifted from working in offices to working remotely. Organizations are increasingly relying on video conferencing, virtual private networks (VPNs) and remote desktop protocol admin tools.

Many employers believe that, to cut down on these risks, they should invest in new and bigger solutions. However, it's also important that they review common best practices like password policies, least privilege access, patching and more..."

SecurityIntelligence, May 25th, 2021
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IT News - Social Media
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4 Social Media Marketing Tools To Cover Your Bases
Social media marketing tools play a critical role in social selling
Jock Breitwieser writes in Business 2 Community, "They give social sellers the ability to analyze the effectiveness of their efforts, schedule and automate portions of their social presence, and discover new and interesting content to share with their following. But social sellers often have limited budgets and it is so important that you invest in the right tools to put yourself in the best position for success.

As the prominence of social selling has grown, more competition has entered the ring. To get ahead, you need an edge. In this article, we'll cover four of the best social media marketing tools that will help you to discover new prospects, schedule your social posts, find new and interesting content sources, and measure the effectiveness of your campaigns. It's a crowded arena..."

Business 2 Community, May 26th, 2021
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IT News - HPC
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Perlmutter, Said To Be The World's Fastest AI Supercomputer, Comes Online
One of the world's fastest supercomputers designed specifically to handle artificial intelligence workloads came online today at the National Energy Research Scientific Computing Center based at the Lawrence Berkeley National Lab in California
Mike Wheatley reports in siliconANGLE, "The Perlmutter system, according to Nvidia Corp., whose graphics chips it uses in large numbers, is the 'fastest on the planet' when it comes to handling the 16- and 32-bit mixed-phase precision math that's used by AI applications. It will be tasked with tackling some of the most difficult science challenges in astrophysics and climate science, such as creating a 3D map of the universe and probing subatomic interactions for green energy sources, Nvidia said.

The system is a Hewlett Packard Enterprise Co.-built Cray supercomputer that boasts some serious processing power. It's powered by a whopping 6,159 Nvidia A100 Tensor Core graphics processing units, which are the most advanced graphics processing units Nvidia has built..."

siliconANGLE, May 27th, 2021
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The Rapidly Expanding And Swiftly Rising HPC Market
Real growth in and recognition of the importance of high performance computing has been a long time coming
Timothy Prickett Morgan writes in The Next Platform, "Perhaps since Seymour Cray launched the Cray-1 back in 1975. Perhaps even earlier than that. No matter where you draw the line, it has been difficult to watch companies struggle to bring advanced systems to market and not really make any money. Vendors usually did not have much net income left after they did the hard work of designing and building supercomputers.

That could be changing as the HPC market is expanding with new types of work, adding AI and data analytics to traditional simulation and modeling..."

The Next Platform, May 27th, 2021
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This Supercomputer Is Getting The World's Fastest Storage
The innovative storage system is powered by an open source filesystem
Mayank Sharma reports in techradar.pro, "The world's first 1.5 ExaFLOPS supercomputer is about to be paired with an equally trailblazing storage subsystem that offers about 700 Petabytes (PB) of storage, 75 TB/s of throughput, and 15 billion input/output operations per second of performance.

The Frontier exascale supercomputer is being assembled by the Oak Ridge Leadership Computing Facility (OLCF) and is set to go online in late 2021..."

techradar.pro, May 24th, 2021
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IT News - Cloud
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3 Reasons To Process Closer To The Edge
Being able to increase processing speeds will inevitably improve productivity and efficiency, but more importantly, edge computing will help with the management and use of data. In today's world and business environment, we have endless data being collected and transmitted
"Over the years," writes Jim Demetrius in Network Computing, "we have seen many different types of computing evolve and affect our daily lives and industries. When computers were first developed, they occupied entire buildings, consumed large amounts of electricity, and produced great amounts of heat. The first computers developed in the 1930s were massive machines using vacuum tubes, weighing almost 50 tons and occupying about 1,800 square feet. Today we hold our smartphones in our hands which can process millions of transactions, unbelievable when you think of the computers used to send men to the moon. Smartphones today are more powerful than the supercomputers of the 1980s..."
Network Computing, May 28th, 2021
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Clouds For AI And HPC
While HPC has traditionally been the purview of academic research and national laboratories, it is now going mainstream as a way to derive value out of growing stores of data
"The unmitigated growth of data, along with the need to glean insights from that data, is driving the convergence of artificial intelligence (AI), high performance computing (HPC) and cloud, highlighting the advantages of a hybrid, multi-cloud IT operating model. Organizations looking to adopt data science practices using AI and HPC stand to benefit greatly from multi-cloud choice, efficiency, and scalability..." - CIO
CIO, May 26th, 2021
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Five Most Common Cloud Threats
Cloud threats are on the rise. At any point in time, sensitive data can move between 2,481 different cloud apps and services, making it a prime target for cybercriminals
Or Azarzar reports in Security Boulevard, "A recent study by McAfee concluded that there's been a 630% rise in cyberattacks on cloud services since January 2020. According to industry research, cloud breaches cost organizations $5 trillion over the past two years. From our experience, here are the five most common cloud threats.

S3 Buckets

Misconfigured AWS S3 buckets are among the most common causes of data breaches. Amazon Simple Storage Service (S3) provides the ability to store and access content organized in 'buckets,' or logical containers, which are accessed by a static URL. Often, administrators allow public access to these buckets to store and share files between employees, and to host internet-facing services, thereby unintentionally exposing server backups, company documents and contracts. Magecart hackers exploited misconfigured AWS S3 buckets to hit 17,000 domains including 2,000 of the biggest sites in the world..."

Security Boulevard, May 25th, 2021
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Impact of GDPR on Cloud Service Providers
Cloud computing is an integral part of most businesses globally. Technology has transformed the way businesses operate and thrive in the industry
"However, the cloud industry has been facing huge challenges when it comes to complying with various data protection and data privacy standards. With the enforcement of the General Data Protection Regulation (GDPR), a lot has changed for most businesses. The enforcement of GDPR has had significant implications on cloud service providers and their businesses including their implementation of operations and security control mechanisms.

Cloud service providers are now required to understand their obligations towards data protection and privacy to accordingly adapt and amend their services, contracts and processes. With the enforcement of stringent rules under GDPR, it is clear that cloud service providers are acting in the capacity of controllers and processors and cannot avoid their responsibility towards data protection. This idea is worthy of deeper elaboration..." - Tripwire

Tripwire, May 24th, 2021
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'Network Security' The Biggest Concern For Public Cloud Adoption, Reveals Survey
Cloud misconfigurations represent something that's plaguing many organizations' cloud adoption efforts
"For example," writes David Bisson in Security Boulevard, "a 2020 report found that 91% of cloud deployments contained at least one misconfiguration that left organizations exposed to potential digital threats. Those weaknesses contributed to more than 200 data breaches between 2018 and 2020, noted SC Magazine, with those security incidents exposing more than 30 billion records.

Another 2020 report found that misconfigurations were the underlying cause of 196 data breaches during the 2019 calendar year alone. According to that study, those security incidents exposed more than 33 billion records over a two-year period. TechRepublic put the total cost of those security incidents at $5 trillion using 2019 data from the Ponemon Institute..."

Security Boulevard, May 24th, 2021
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IT News - Careers
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Friction Between Employers & Recruiters Hurts You
I'm a third party recruiter and I refuse to bend over and appease any HR department that insists on a jealous stranglehold over hiring decisions
"As proven by their public website, this company's HR department has made itself the one and only gateway through which employment is granted. Such policies about recruiters are how internal HR politics often eliminate A-player candidates..."

"Nick's Reply:

recruitersBefore I address your ire, I want to explain why this problem is relevant to all job seekers: Know how frustrated and upset you get when a recruiter gets you on the hook about a 'perfect' job - then the 'opportunity' goes nowhere? Some of the time, it's because the recruiter has no contract with the employer, and thus no authorization, to submit candidates like you. The employer simply refuses to interview you. And the recruiter is simply using the job as bait to gather more information about you so they can submit you for other jobs that aren't so perfect and waste more of your time..." - Ask The Headhunter

Ask The Headhunter, May 24th, 2021
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Top 5 Most In-Demand Skills In The Post-COVID Times
Exponential growth in the service sector has enabled Indian economy to progress at a galloping pace
"But ironically, the year 2019 alone stood witness to a time when 53% of Indian businesses were incapable of recruiting personnel owing to a dearth of future-focused skill-sets. With the terrible pandemic at large, the employment figures have dwindled even further. The inherent skill gap that is prevalent amongst the industry and the academia with respect to future skills was recognized as the primary cause for this vast surfeit of unfilled positions in the corporate industry..." - CXOtoday
CXOtoday, May 28th, 2021
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IT News - Virtualization
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Where To Run Containers? Bare Metal vs Virtual Machines
We look at the key differences between running containers in virtualised environments and on bare metal servers and focus in on the main trade-offs and decision points
"Containers are a serious and emerging contender as a method of application delivery," writes Antony Adshead in ComputerWeekly. "Although they are by no means in use universally yet, most enterprises have deployed containers somewhere or are investigating their capabilities.

Their advantages centre on the ability to abstract everything needed to run applications away from the hardware, and with the potential for many - very many, in fact - container instances to be created and run on demand, they are supremely scalable.

Of course, quite often container clusters and orchestration are run in virtual server environments, but they don't have to be. They can also directly run on bare metal servers. In this article, we'll look at bare metal vs virtual machines (VMs) and where to run containers..."

ComputerWeekly, May 25th, 2021
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