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
"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..."
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
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.
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..."
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
Cloud misconfigurations represent something that's plaguing many organizations' cloud adoption efforts
"For example," writes David Bisson in
"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..."
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