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8 major IT disasters of 2024

CIO Business Intelligence

For past IT mishaps of note, see our biggest IT failure roundups from 2023 and 2021. ] Fast food giant McDonalds, for example, dumped an AI-based ordering system in June after it wouldnt stop adding food to customer bills. [ The mother lode of meltdowns A faulty software update from cybersecurity vendor CrowdStrike in mid-July caused about 8.5

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3% IT budget increases fueled by AI, security, networking

Network World

On the average, IT budgets will increase by 3%, which is a slight downturn from 4% in 2023 and 5% in 2022, but this year’s figures fall in line with previous budget plans in 2020 and 2021, according to Avasant. Essentially, only companies in dire financial straits are likely to be cutting IT budgets.

Budget 456
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Aembit brings identity management to non-human workloads

Network World

As businesses continue to rapidly adopt cloud technologies and automate processes, enterprises must cope with an exploding number of access requests among workloads, leading to increased complexity and security risks. Aembit is one of Network World’s 7 network security startups to watch for 2024. billion and is projected to reach $56.98

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10 highest-paying IT jobs

CIO Business Intelligence

For technologists with the right skills and expertise, the demand for talent remains and businesses continue to invest in technical skills such as data analytics, security, and cloud. Companies can’t ignore digital transformation as technology continues to dominate nearly every aspect of business and daily-life.

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Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

SecureWorld News

These plans should include: Regular backups of critical data Disaster recovery exercises to test response readiness Colonial Pipeline attack (2021) One of the most significant incidents highlighting vulnerabilities in the oil and gas sector was the Colonial Pipeline ransomware attack in May 2021.

Industry 108
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How Starlink transformed tech operations for Journey Beyond

CIO Business Intelligence

It announced its launch in Australia in Q1 of 2021 and focused its trial efforts in northern Victoria and southern New South Wales before spreading out across Australia with the promise of providing businesses with an alternative to costly, unreliable legacy options. So it had a significant operational impact.”

Tourism 299
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The digital transformation of an island nation: how Bahrain rose to lead cloud adoption in the GCC Region

CIO Business Intelligence

AWS launched its first Region in the Middle East with three availability zones in 2019, enabling Middle East organizations to meet business continuity and disaster recovery requirements and build available, fault-tolerant, and scalable applications from Bahrain. additional dollars in the wider economy. And there’s more to come.

Cloud 276