Time is arguably the most precious commodity businesses and individuals have. The always-on lifestyle that consumers now enjoy, and have become accustomed to, has increased significantly since the lifting of restrictions in the UK. Thankfully, life is returning to a sense of normality across the country and with it, UK consumers want to maximise their time doing things they love.
Technology
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The advent of artificial intelligence (AI) and machine learning (ML) means some tasks, whether surfacing the next blockbuster – courtesy of a streaming platform’s ‘recommendation engine’, or reducing data errors with the help of back-office automation, have been automated to such a degree that they’re reaching the stage of unquestioned normalcy.
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The growing reliance on our mobile devices has put financial institutions in a major dilemma as employees have more access than ever before to various communication channels making it harder than ever to monitor employee communication. Institutions have an obligation to meet certain
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In the technology space, there’s always a frontier to conquer, and today that is the internet’s successor, the metaverse. Its prospects and possibilities are so promising that major investment banks value it at $8 trillion. Despite the excitement, how practical is the metaverse, and will it bring lasting rewards to society and investors?
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Silicon Valley is replete with successful (and failed) start-ups, but few are as intriguing as Theranos. CEO Elizabeth Holmes persuaded investors she held the next big thing in medical technology, but a quick descent followed a speedy ascent when the venture was exposed as worth much less than its valuations, resulting in fraud charges.
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Beijing’s pride in its world-class big-tech sector has lost its shine, replaced by disdain for its “barbaric” capitalistic growth. Over the past year, a severe clampdown on its largest and most successful tech-based companies has transpired, causing many to question the government’s motives and wonder about these tech titans’ prospects.
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Warfare continues to be a lethal peril, but today’s missiles are as likely to be hurled through cyberspace as the air. Cyber-warfare is growing in sophistication, including devastating DDoS attacks that strike at the heart of governments. The threats imposed by cyber-warfare are guaranteed to intensify without effective countermeasures.
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In 2022, global anxiety feels unavoidable. From climate change to the continued impact of Covid-19, we are experiencing challenges affecting everyone across the globe. Business leaders are not exempt from this fear. They are expected to build strong and resilient businesses despite adversity, so the weight of responsibility is ever-present.
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Remote working models require the assets of a business to be used outside of its main security perimeter in a multitude of employee home offices, creating increased cybersecurity risks. One remedy is the cybersecurity mesh architecture (CSMA), which extends security controls to distributed assets, protecting each device and access point.
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As the pandemic drives customers to complete transactions online, banks have opportunities to remove the barriers to innovating at speed while navigating complex compliance and security concerns. To fully exploit trailblazing technological opportunities, banks need to form tech partnerships that guarantee end-to-end regulatory conformity.