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Our AI infrastructure orders with webscalers in Q2 surpassed $350 million, bringing our year-to-date total to approximately $700 million, and we are on track to exceed $1 billion of AI infrastructure orders in fiscal year 25, Cisco CEO Chuck Robbins said during the vendors financial call.
For decades, enterprises have relied on the public internet for business-critical SaaS applications and data traffic. Compare that to the logistical, financial and implementation challenges of installing an alternative private network, and it’s clear why enterprises have been pretty content with the internet for their entire digital lives.
Carrying over 95% of global data traffic from video calls and content streaming to financial transactions and cloud services, these cables power seamless, high-speed, low-latency connectivity across continents. Subsea cables are the invisible lifelines of the digital world of today, said Sharat Sinha, CEO of Airtel Business.
Indian financial service customers are changing! Forrester surveyed 3,000 online adults in India on their financial attitude, expectations, and preferences and found that more than half of customers accessing the internet are constantly online. ” As digital […].
Visibility into network traffic across distributed locations would help Orbia minimize security risk, enable more control over global internet traffic, and provide secure access to cloud services. A push for greater network visibility and global security standards drove Orbia, an $8.2
Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). So business technology leaders in financial services are carefully navigating a path toward AI. Banks have to get ready to take the step forward.”
This ambitious initiative is poised to position ADIB-Egypt at the forefront of the digital banking revolution, transforming how customers interact with their financial services. Machine learning algorithms will enable the bank to analyze customer data and offer tailored financial solutions based on individual needs and preferences.
Capitec is the second largest bank in South Africa, and like financial institutions the world over, it’s a potential target for attackers. For example, we started off with the default policy of making the internet read-only. I don’t know how anyone can manage a financial services company without the insights from Zscaler.
A Zero Trust platform ensures applications and data are not visible to the public internet and users are only provided least privilege access, preventing lateral movement and protecting against ransomware attacks. With a Zero Trust architecture, the internet is the primary transport medium and effectively becomes the new corporate network.
But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023. Overall, the number of intrusions and new Chinese cyber espionage groups grew across the board.
Read Abhishek Pareek explain the best examples of the Internet of Things solutions in the finance sector on Customer Think : In financial services, the Internet of Things (IoT) is considered the next big thing. IoT is a network of devices connected through the internet which obtain and transmit data.
Over the last decade Africa has gained a reputation for global leadership in mobile money, with Kenya at the forefront, but up to now financial services via mobile phones have not taken deep root in the continent’s most populace country — Nigeria. Mobile money is not entirely new to Nigeria. Telcos eye mobile money success in East Africa.
As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. The stakes for financial organizations are growing as well. Every new portal and mobile app expand the attack surface and give hackers new opportunities to exploit vulnerabilities.
But it was financial services, media, manufacturing, industrials, and engineering that saw the biggest surges in China-linked intrusions last year 200-300% growth rates compared to 2023. Overall, the number of intrusions and new Chinese cyber espionage groups grew across the board.
Read Alex M and Ramesh A explain how big data and the Internet of Things connected devices are changing the automotive sector on Financial Express: Internet of Things (IoT) makes […].
By David Andrzejek, Head of Financial Services, DataStax. While the widespread and large-scale use of data has been well-known among internet giants, the effective capture and use of data has now become a key competitive weapon for enterprises in all segments of the economy. Legacy data platforms: Unsuited for modern competition.
When generative AI (genAI) burst onto the scene in November 2022 with the public release of OpenAI ChatGPT, it rapidly became the most hyped technology since the public internet. That means that admins can spend more time addressing and preventing threats and less time trying to interpret security data and alerts.
Read Sanjay Pathak explain how the triad of Internet of Things, Artificial Intelligence and Blockchain will shape the future tech on Financial Express: Blockchain today is still in its infancy, […].
Legacy issues around performance, speed, availability and latency still cause headaches, and outages risk financial and reputational damage — just look at the CrowdStrike outage ramifications , which will no doubt continue for years to come. Track internet of things (IoT) endpoints to help with deployment, maintenance and troubleshooting.
As cybersecurity leaders of the DIIT, we work with 1,800 schools and approximately 1 million students across NYC to ensure secure internet access and offer innovative solutions in education technology. The six-year high school program is designed for students who don’t have a clear path to college, often for financial reasons.
BGP is infamously prone to configuration errors that can have consequences serious enough to temporarily disrupt parts of the Internet. BGP’s original design properties do not adequately address the threat to and resilience requirements of today’s internet ecosystem,” notes the roadmap fact sheet. Going it alone?
Read why Virendra Chaudhari says centralized IoT systems will become a vital force to drive businesses on Financial Express : As advancing technologies integrate deeper into the everyday functions of businesses, companies are finding themselves faced with a paradigm shift towards a more intelligent and connected world.
Mark Read, CEO of global advertising giant WPP recently told shareholders: “AI will also offer the ability to develop new business and financial models.” AI allows organizations to use growing data more effectively , a fact recognized by the entire leadership team.
Companies in the telecommunications, insurance, pharma and life sciences industries can add over 1,000 new services every month, while those in financial services, healthcare and manufacturing industries often add over 200 new services monthly, says the security research group, which is part of Palo Alto Networks.
The culprit appears to not be malicious malware but rather financial circumstances that have caused the company to cease operations. […]. Users were unable to control their IoT devices connected to the Insteon hub, such as smart lighting and appliances.
In the latter case, Border Gateway Protocol (BGP), the routing protocol used by the global internet, is used to find the best path by weighing the latest network conditions based on reachability and routing information. BGP has been called the glue of the Internet and the postal service of the internet.
billion signals a significant shift in how global financial institutions are approaching cybersecurity. In an environment where financial data is a primary target for cybercriminals, this level of foresight is a game-changer. Alarms have been sounded for years, pointing out the perilous state of global financial stability.
In Jason’s last post , he discussed how we are apt to see more intricate and complex data integrity attacks this year , with the adversaries’ main motivation being financial gain and/or political manipulation.
It’s particularly well-suited for applications that require rapid data transfer, such as scientific computing, financial modeling and video rendering. IPv6 IPv6 is the latest version of internet protocol that expands the number of possible IP addresses from the 4.3 Ethernet works seamlessly with wireless protocols, too.
Similarly, the financial sector will see continued growth in fintech, digital payments and open banking, with cities like Dubai and Riyadh becoming central fintech hubs in the region. The Internet of Things will also play a transformative role in shaping the regions smart city and infrastructure projects.
But a combination of shifting business models, regulatory changes, and technological advancements — most recently AI — is reshaping the internet into a more closed, restrictive environment. The rise of internet filtering and regional “internets” Countries around the world are exerting increasing control over their domestic web landscapes.
That means exploring the strategic options for cloud adoption, understanding the importance of financial operations (FinOps) as it relates to cloud, the difference between a Cloud Center of Excellence (CCOE) versus a Cloud Business Office (CBO) approach and the debate between centralized and federated FinOps. Public cloud.
The banking, financial services, and insurance (BFSI) sector is facing a storm. In recent decades, the widespread adoption of the internet and the subsequent smartphone revolution have empowered consumers and businesses to look beyond incumbent providers of financial services.
In Q3-Q4 2024, the financial services sector experienced a significant increase, accounting for 26% of all DDoS attacks, up from 12% in the previous period. Another explanation is that attackers may be shifting their focus towards other high-value sectors, such as financial services, which saw a 117% increase in the number of attacks.
As part of our new security strategy, we developed a roadmap centered on network segmentation through zero trust that would address users, workloads, branches, and internet of things (IoT)/operational technology (OT) devices. Defining our goals: boosting resilience while decreasing risk Zero trust segmentation was at the core of our strategy.
AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. The financial sector will see rapid adoption of digital payments, open banking, and Central Bank Digital Currencies (CBDCs).
We chose to go with a few technological partners to help us support the many complexities,” he says, referencing Adyen technology to manage online sales and financial flows, obtain customer insights, and protect the business with cybersecurity systems. But there’s an even more essential area for Pacetti.
When Morgan Stanley announced its new generative AI support tools for financial advisors last week, it talked about gaining efficiencies from its notetaking abilities. But those who track the $54 billion financial firm said that its goal is much larger. However, disregard our perspective and ask what a customer would think.
This makes it difficult for financial institutions and other companies to conduct KYC (know your customer) protocols and issue spills into various facets of life, leading to financial exclusion and denial of government services. A huge swath of the African population lacks any form of identification.
Measuring the impact of new technologies from a financial and productivity perspective has been a challenge for many years. Measuring AI ROI As the complexity of deploying AI within the enterprise becomes more apparent in 2025, concerns over ROI will also grow.
As Alberto Farronato, CMO at Oasis Security, pointed out, "The Krispy Kreme breach underscores how cybersecurity incidents can ripple across business operations and customer experiences, even in industries not traditionally associated with high-tech services, causing operational disruptions, financial impact, and erosion of customer trust."
Intelligent Search People rely on intelligent search every single day, thanks to LLMs trained on internet datasets. In the financial sector, AI models are like high-speed analysts, screening through thousands of data points in real time. These models capture natural languages and the nuances of user queries.
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