Industry Insider

The Financial Services sector is a prime target of cybercrime due to the personal & financial data it collects from its customers that can easily be monetarised. In 2020 there were more than 1,500 data breach incidents reported in the Financial Services sector globally, with financial motives accounting for more than 90% of the data breaches, according to the Verizon 2020 Data Breach Investigations Report.

Now more than ever people want (and need) to collaborate, and Microsoft Teams makes it very easy to collaborate securely. As a whole, Microsoft 365 has significantly more security options than other collaboration platforms on the market. However, with all the services offered, one can’t just look at the owners and members of Groups and Teams and know who has access.

Archives New Zealand has released a report on the results of its second annual survey, which monitors information management progress in the public sector. The report “highlights several areas for improvement across government information management (IM)”, notes Chief Archivist Stephen Clarke.

For all the incredible technological leaps and bounds we’ve made in the past few decades, we haven’t been able to bypass the need to transfer information from a document, image, or video to a software system. The task of data entry remains a thorn in the side of any organisation that solves business challenges with technology.

Digital Transformation is the ideology of the year for businesses reliant on document-intensive work. Countless organisations of all sizes and industries have shifted their processes to find solutions that provide fast, reliable, and secure ways to get data into their systems. Cloud capture has become a driving force for implementing digital strategies this year with good reason. Digitising data right at the point of entry into the document lifecycle makes perfect sense before sending it off to recipients and workflows.

We often meet organizations with ineffective governance policies, - this could be retention policies, information security policies, or information classification policies. The problems often evolve around one or more of the following areas.

Cybersecurity mesh, security-savvy boards of directors, and remote working all made this year’s security and risk trends. As cybersecurity and regulatory compliance become the top two biggest concerns of corporate boards, some are adding cybersecurity experts specifically to scrutinise security and risk issues. 

Analyst firm Gartner, Inc. has announced its predations for the top 10 data and analytics (D&A) technology trends for 2021.

Data protection challenges are undermining organizations’ abilities to execute Digital Transformation (DX) initiatives globally, according to the Veeam Data Protection Report 2021, which has found that 58% of backups fail, leaving data unprotected.