Risk Management Archives | Page 168 of 205

Cyber Security

Chinese Botnet Bypassing MFA Targets Microsoft 365 Accounts Globally

In a concerning new development in the cybersecurity landscape, a massive Chinese botnet is currently targeting Microsoft 365 (M365) accounts through sophisticated password spraying attacks, effectively bypassing Multifactor Authentication (MFA). The botnet, which SecurityScorecard has identified as comprising over 130,000 compromised devices, is using stolen credentials from infostealer accounts to gain access to sensitive data, emails, and collaboration tools. These

February 26, 2025

Fintech Blockchain

How Did a Major Bitcoin Trade Impact Market Sentiment and Volatility?

A significant market event unfolded when a cryptocurrency trader known as ‘Jason60704294’ executed a large-scale Bitcoin trade that had far-reaching consequences on market sentiment and volatility. The trade, involving a position of 5,185 BTC at $100,321 per unit, was closed at a reduced value of $88,962, resulting in a substantial loss of approximately $58.89 million. In total, encompassing four trades,

February 25, 2025

DevOps

Transforming DevOps with AI and ML: Revolutionizing CI/CD Pipelines

The integration of artificial intelligence (AI) and machine learning (ML) into DevOps practices is revolutionizing Continuous Integration/Continuous Deployment (CI/CD) pipelines. This integration enhances efficiency, reduces deployment times, and ensures smoother operations. By incorporating AI and ML, organizations can elevate their DevOps practices, achieving smarter automation, improved reliability, scalability, and efficiency in software development, testing, and deployment processes. The Evolution of

February 25, 2025

Data Science

Is Palantir Technologies Leading the Data Analytics Revolution?

Palantir Technologies has emerged as a trailblazer in the realm of data analytics, leveraging artificial intelligence (AI) and machine learning to transform complex datasets into actionable insights. This capability is indispensable for sectors reliant on data-driven decision-making, making Palantir a key player in the ongoing digital transformation across various industries. From national security to healthcare and financial services, Palantir’s cutting-edge

February 25, 2025

Cloud

How is AI Transforming Cyber Defense in Cloud Security?

The integration of Artificial Intelligence (AI) into cloud security is revolutionizing the way organizations protect their digital assets. With the rise of cloud computing, traditional security methods struggle to keep up with the dynamic and complex nature of modern cloud environments, often failing to address evolving threats. AI-based solutions are emerging as essential tools for the detection, prevention, and response

February 25, 2025

Cloud

Adopting Cloud-Based Security Solutions for Modern Cyber Threats

The rapid evolution of cyber threats is compelling organizations to reevaluate and revamp their security strategies. Historically, companies favored building in-house, on-premises security solutions. While these methods were once functional and effective, the burgeoning complexities and escalating costs associated with creating and maintaining proprietary security frameworks have rendered them increasingly impractical. Consequently, cloud-based security solutions have emerged as viable alternatives

February 25, 2025

Cloud

Transitioning to Cloud-First: Strategies for Success and Pitfalls to Avoid

In today’s digital age, many companies are adopting a cloud-first strategy, prioritizing cloud technology over traditional on-premises infrastructure. This transition promises agility, scalability, and cost efficiency, but it also requires a comprehensive strategy and cultural shift to ensure success. Companies must navigate various challenges, such as adapting to new technologies, managing skilled workforce requirements, and maintaining robust security protocols, to

February 25, 2025

Cloud

Are Financial Services Maximizing Cloud Investments and Innovations?

The article delves into the increased adoption of cloud technology in the financial services sector, highlighting how firms are investing heavily in cloud infrastructure with the emergence of innovative technologies like generative AI. Yet, despite substantial investments, there is a notable gap between the amount of money spent and the tangible value these institutions are realizing. Embracing Cloud Technology The

February 25, 2025

AI and ML

How Are AI Tools Transforming Tax-Loss Harvesting for Investors?

The transformative power of artificial intelligence (AI) is reshaping the investment landscape, with tax-loss harvesting standing out as a significant area of change. This strategy, which involves selling securities at a loss to offset capital gains taxes and rebalance portfolios, has traditionally required investors to engage in a labor-intensive and error-prone process. However, the advent of AI tools has ushered

February 25, 2025

AI and ML

How Can We Enhance AI Transparency and Security with Open Models?

The ongoing efforts in the AI industry to enhance transparency and security are crucial for the responsible development and deployment of AI systems. As AI systems become more embedded in daily life, ensuring their transparency and security has transformed from a preference into a necessity. This article delves into the challenges and opportunities related to the concept of openness in

February 25, 2025

FinTech Insurance

How Will COVU’s $22M Funding Extension Transform AI in Insurance?

In a significant move that underscores the growing reliance on artificial intelligence (AI) within the insurance sector, COVU, an innovative AI-driven InsurTech company, recently secured a $22 million Series A funding extension to advance its technological capabilities. The new funding round attracted investments from Benhamou Global Ventures and new investor True Global Ventures, adding to a prior $12.5 million Series

February 25, 2025

Enterprise Applications

Birmingham Council’s Costly Failure to Implement Oracle ERP System

The Birmingham City Council’s ambitious plan to implement an Oracle Fusion enterprise resource planning (ERP) system has turned into one of the most striking cautionary tales of public sector mismanagement, financial strain, and systemic failures. What began as a visionary initiative aimed at modernizing the council’s financial operations has since devolved into a chronicle of errors, revealing crucial lessons on

February 25, 2025