Thursday, December 8, 2022

How businesses can balance the cost versus value of data management

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Data is driving the global economy. With data long-considered the new oil or gold, firms continue to invest heavily in data management and data-led solutions. In fact, by 2030, data collection and analysis will become the basis of all future service offers and business models.  Many organisations may be investing in data management solutions without realising the real cost of data management compared to the value they are getting, according to SNP.

Crucial edge IoT trends for product managers to build an edge solution

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With the lingering economic consequences stemming from the global pandemic, various industrial operations are looking for unique technological products to elevate their brands. Savvy businesses have embraced edge computing and the Internet of Things, leveraging the new-age tech to refine their industrial engineering undertakings. By bringing computing power closer to the raw data origin, firms eye low latency, greater performance and lower costs.

Top mistakes businesses are making with CRM data, how to avoid them

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The past two years have been challenging for businesses everywhere, so it’s not surprising to learn that adherence to good data practices may have slipped somewhat during this period. In fact, new research from Validity found that 74% of Aussie CRM administrators felt that data decay increased as a result of COVID-19, while 71% said that a rise in movement of employees between jobs since March 2020 has led to an all-time low in data quality.

DAOs choose Deel as preferred global hiring and payroll platform

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Decentralised autonomous organizations - DAOs - can onboard and pay their members around the world, at scale, using Deel. Deel is a leading global compliance and payroll solution that helps businesses hire anyone, anywhere. Its customers can hire independent contractors and full-time employees in over 150 countries, compliantly with just a few clicks in minutes. 

Remain vigilant and be aware of real estate’s dirty little tricks to hide issues

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Homebuyers need to be more vigilant than ever as real estate agents and sellers work harder to sell properties for maximum dollar in 2022. Despite inflationary pressures properties will still achieve good gains in some areas as long as their fundamentals are sound. Good properties that are well located with solid features will continue to do well however properties that carry inherent issues such as the wrong aspect, bad outlook, busy street or building issues will find it harder to sell in the 2022 market. Real estate agents will turn to clever little dirty tricks to try and hide concerning problems so as to offload properties.

Travel firms plan fintech investment boom to capture industry rebound

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As the world begins to rediscover travel with COVID-19 restrictions lifting, the travel industry has an opportunity to rebuild and renew by harnessing advances in fintech to improve the traveler experience. That’s why Amadeus has created the ‘Travel fintech investment trends’ report, based on research with over 70 senior leaders from large airlines and travel sellers.

The top cyber attacks still scaring us this Halloween and how to stop them

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One of the scariest things we may see this Halloween is the notification: We regret to inform you that your credentials have been compromised. This nightmare is reality for many people hit by a data breach attack. This past year alone, we have witnessed numerous attacks affecting millions of Aussies. You have seen the headlines; from the data breach at Starbucks Singapore to Optus, Australia's largest mobile operator (owned by Singtel) were targeted.

FS-ISAC casts firms championing cyber intelligence sharing efforts

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FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, announced the winners of its second annual Global Leaders awards. The Global Leaders award honors outstanding members safeguarding the global financial system and contributing to FS-ISAC’s pillars of Intelligence, Security, and Resilience across the four regions of North America, Latin America, EMEA, and APAC.

Landmark decision sees RI Advice found guilty of breaching obligations

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The Federal Court has found RI Advice, an Australian Financial Services licensee, guilty of breaching its license obligations to act efficiently and fairly when it failed to have the appropriate cyber risk management systems to effectively manage its cybersecurity risks. 

Three things business leaders must acquaint themselves about security

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A few years ago, Cathay Pacific suffered a lapse in data security, affecting the personal data of an estimated 9.4 million people. Along with the questions it raised around the effectiveness of cybersecurity for all firms, a top international law firm noted another effect: an uptick in interest in collective redress, a type of representative action resembling a class action lawsuit.