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CIOs Help Banks Prepare For The End Of The World

The Accidental Successful CIO

CIOs at banks have a great deal to worry about. As though this wasn’t bad enough, every bank is connected to every other bank. What this means is that if something bad happened to a connected bank, then your bank could also suffer. Preparing For The End Of The World In Banking.

Banking 141
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7 types of tech debt that could cripple your business

CIO Business Intelligence

Lack of automation: Database admins spend too much time on manual operating procedures that should be automated, including creating backups, administering privileges, syncing data across systems, or provisioning infrastructure. Lanzani shares an example of a banks customer-facing chatbot.

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Navigating the aftermath: Strategic actions to restore customer experience and drive growth

CIO Business Intelligence

million devices globally , overwhelming contact centers with stranded travelers, frustrated banking customers, and patients seeking urgent assistance. Airlines, banks, healthcare companies, and others must take decisive and strategic actions to repair their customer experience promises, regain customer trust, and drive business growth.

Backup 66
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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

With the goal to enhance intelligence in the digital banking arena, Huawei has unveiled a new framework to bolster infrastructure resilience. In 2023, the number of cyber attacks on global banks increased by 520%, and the average service recovery time of financial institutions after ransomware attacks was 16.3

Banking 147
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Protecting your business from unforeseen outages: Lessons from the recent CrowdStrike incident

CIO Business Intelligence

Implement redundant systems: Establishing redundant systems and data backups is essential for maintaining continuity. Gerald Johnston , an adjunct research advisor with IDC’s IT Executive Programs (IEP), founded GJ Technology Consulting, LLC, where he assisted global financial institutions and helped launch a UK startup bank.

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Companies step up help for Ukraine-based IT staff

CIO Business Intelligence

The company helped employees and families relocate to safer areas or out of the country, gave employees time off, and provided equipment ranging from backup diesel power generators to satellite phones. It also prepared multiple ways to pay employees and offered those who joined the army 50% of salaries on top of their military pay. “The

Company 317
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Re-Tooling Your Way to a More Efficient Enterprise

CIO Business Intelligence

As the current solution was constrained by space and only utilized as a short-term backup solution, the new storage solution helped store long-term backups to meet postponed backup compliance standards. This way the company only pays for software licenses that run the storage solution off the decommissioned hosts.

Tools 279