In today’s business world, the trend towards coverage and consolidation is becoming more prevalent. This phenomenon is observed even in the absence of widespread adoption of artificial intelligence. Large corporations are attempting to expand their reach by acquiring other companies rather than relying on organic growth. This is despite the fact that acquisition is not
The IT and technology sector has experienced a talent shortage for a long time. However, recent news indicates that companies like Twitter, Microsoft, Google, Amazon, and others are downsizing their staff, despite citing over-hiring during the COVID-19 pandemic and underperforming employees. This has resulted in massive layoffs across the global sector to boost earnings per
The potential for generative AI to revolutionize industries and society as a whole is tremendous. As more people become aware of the capabilities and possibilities of this technology, we can expect to see a wave of big changes in the way we work and live. Once generative AI becomes widely accepted and integrated into society,
The 2023 Global Financial Crisis has already begun to send shockwaves through the global economy, with both the US and Europe seeing major bank institutions shut down at lightning speed, requiring government intervention to stabilize the markets. As concerns grow about whether this crisis will lead to a repeat of the 2008 Global Financial Crisis,
The complexity in securing digital identities has led to the need for a powerful solution in order to prevent the negative impacts of breaching. Subsequently, one framework after another arises as a solution including Identity and Access Management (IAM). What is Identity and Access Management (IAM)? IAM refers to a set of processes, policies, and technologies
Digital transformation has become a big buzzword since 2020 and continues to be the talk of the town today. The core element of digital transformation in an organization is the adoption of internet-related technologies and their integration into the infrastructure to increase efficiency, flexibility, and resiliency. Embracing digital transformation not only enhances business growth but
As technology continues to advance and digital transformation takes hold, cybersecurity becomes an increasingly important consideration for individuals and organizations. Password authentication has been the most commonly used method for data security and protection in most applications, but it is no longer considered sufficient to protect against modern cyber threats. Passwordless authentication is a newer
As organisations become more digitalised and interconnected, the management of digital identities and access to resources has become a critical aspect of cybersecurity and risk management. Identity Governance and Administration (IGA) has emerged as the solution to address this aspect, integrating processes, policies, technologies, and systems to facilitate effective user access management – providing the
The financial crisis storm that has been triggered by the recent collapse of US Silicon Valley Bank has raised concerns about the stability of the banking system and its impact on the global economy. The collapse of the bank has been followed by that of Signature bank, which has further heightened market concerns. The US