Only 12% of banks appear to be fully committed to digital transformation
The US$1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the …
Economic cycles and disruption are where top CFOs set their firms apart from the competition
Conflicting signals on the economy and related uncertainty should be looked upon by CFOs as an opportunity to accelerate growth and innovation strategies, according to …
PII capturing websites still applying poor security measures one year after GDPR
One year after the EU General Data Protection Regulation (GDPR) went into effect, 1 in 10 PII capturing websites belonging to the top 10 UK financial services organizations …
Software and apps running on RedHat Enterprise Linux to touch $10 trillion of business revenues this year
Software and applications running on Red Hat Enterprise Linux are expected to contribute to more than $10 trillion worth of global business revenues in 2019, powering roughly …
What differentiates the strongest cybersecurity programs from the rest
Financial institutions spend an average of around $2,300 per full-time employee on cybersecurity annually, reveals a survey released by Deloitte and the Financial Services …
Which cyber threats should financial institutions be on the lookout for?
Banks and financial services organizations were the targets of 25.7 percent of all malware attacks last year, more than any other industry, IntSigths revealed in their latest …
Global spending on digital transformation to reach $1.18 trillion in 2019
Enterprises around the world are making significant investments in the technologies and services that enable the digital transformation (DX) of their business models, products …
Established companies leveraging fintech capabilities for growth
As new technologies and regulations bring new opportunities and challenges to the financial services industry, nearly two-thirds of established companies are leveraging …
Worldwide IT spending to grow just 1.1% in 2019
Worldwide IT spending is projected to total $3.79 trillion in 2019, an increase of 1.1 percent from 2018, according to the latest forecast by Gartner. “Currency headwinds …
Banks continue to prioritize risk management over customer convenience
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are …
Finance knocks business and professional services off top spot in four most attacked industries
Finance is the most attacked sector in EMEA, accounting for 30% of all attacks – compared to 17% globally, according to NTT Security. It knocks business and professional …
Vendor revenue from IT infrastructure products for cloud environments grew 28% year over year
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, grew …