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Business continuity planning: A proactive approach to threat management

CIO Business Intelligence

Events like this highlight the importance of developing contingency plans based on events in the world that can impact businesses. Business continuity is an essential part of the planning process for CIOs and CTOs. Black swan events can impact businesses in significant ways. earthquakes) Directed threats (e.g.,

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Capitalizing on technology budgets: A CIO’s story

CIO Business Intelligence

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

Introduced in 2020—and later enacted in 2022—DORA aims to establish a consistent and common level of digital operational resilience across financial services firms in—or doing business with—the EU. While it’s an EU policy with ramifications for EU businesses, the impact will undoubtedly affect businesses worldwide.

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The CIO’s missing priority

CIO Business Intelligence

In the past, investing too little in security meant accepting a higher risk of intrusions that could lead to significant financial pain. Underinvesting in security now means accepting a higher risk of being knocked entirely out of business. Security is, for today’s CIO, a two-edged blade. One sharp edge is underinvesting in security.

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How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance. This is a challenge for many CIOs.

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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

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Preparing for the Worst: IT Disaster Recovery Best Practices

SecureWorld News

Natural disasters, human error, cyberattacks, and other disruptive events can cause irreparable harm to your organization which can lead to financial loss, reputational damage, or even a complete business shut down. In short, business continuity processes are focused on keeping the entire organization up and running during a disaster.