Image sourced from www.emediait.com Over the past two years, Chief Information Officers (CIOs) and senior IT executives have largely focused their efforts on digital transformation. This is mostly because COVID-19 forced organisations to expedite planned and unplanned re-engineering of their IT environments to fulfil the digital marketplace’s ever-increasing demand. While the top issues for IT departments have traditionally been (and continue to be) digital transformation, cybersecurity, data compliance, and cloud migration, customer experience has also become a top priority. This highlights the necessity to maintain a customer-centric mindset during digital transformation efforts, to increase customer retention, encourage repeat business, and grow revenue. Customer-centric digital transfo...
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Image sourced from Packetlabs. According to Russian cybersecurity group Kasperksy, compared to Q1 2021, the number of Distributed Denial of Service (DDoS) attacks in Q1 2022 rose 4.5 times with a considerable number of the attacks likely to be the result of hacktivist activity. Kaspersky says it operates independently from the Russian government, even as its antivirus software is being investigated in Europe. The firm continues that the attacks also showed an unprecedented duration for DDoS sessions, particularly those aimed at state resources and banks. Further information has been included in a report issued by Kaspersky. DDoS Attacks Distributed Denial of Service (DDoS) attacks are designed to interrupt network resources used by businesses and organisations and prevent them from functio...
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After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve’s board of governors, as the next vice chair of the central bank. In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Brainard a vice chair of the Federal Reserve for four years, potentially beyond her term as a governor ending in January 2026. Brainard was one of four nominees waiting for approval since Republican lawmakers in the Senate Banking Committee boycotted a February committee, which would have sent the prospective Fed vice chair’s nomination to the full Senate. In addition to Brainard, the Senate will likely soon vote on the nominations of prospective Fed chair Jerome Powell, who h...