Image by Joseph Mucira from Pixabay The world today revolves around data; this simply means that without data, the world will stagnate. Statista reports that by 2025, global data creation is projected to grow to more than 180 zettabytes, this simply means more data out there for the grabs. Businesses have come to the full realization that they must make the customer the centerpiece of any decision or policy they want to put in place. The customer has truly become the king, and a bad review or a bad customer experience is all it takes to sink a business. This is more so now that the world has become a global village, and the marketing landscape has become highly competitive. If you have not become customer-centric, you are doing your organization great harm. Esteban Kolsky in a lecture revealed that 72% of customers will share a positive customer experience with 6 or more people, while 13% will share their bad customer experience with 15 or even more. The question here is, what does it take to make your business customer-centric? Another question is, what do you need to do to ensure that you have a quality customer experience? The simple…
Tag: data
How to Enhance Successful Digital Transformation in 2021
Image by Gerd Altmann from Pixabay The bells are tolling, 2020 with all the good, the bad, and the ugly, is just strokes away. What strategies do you have in place? How have you planned for 2021? Do you have quality leadership? How are you planning towards updating your employees’ skills? If all these are in place, you have the opportunity of using digital transformation to drive improved revenues and customer satisfaction in 2021 and beyond. Digital transformation has come to stay, and you must adopt it to drive a meaningful economic recovery and improvement in 2021. The COVID-19 pandemic brought into focus the need for brands to accelerate digital initiatives which led to improved efficiencies and ensured that work-from-home was carried on at scale. Though there are efforts to combat the virus through the provision of vaccines from health organizations, there is still a great need for collaborative technologies. The reason for this is that you still need to use the benefits of digital transformation to achieve expanded efficiencies and gain valuable insights. If you have good strategies and skilled hands, you can use digital transformation to enhance high performance in your brand. You, however, need to ensure that the following are…
The Risks Involved in Paying After Ransomware Attacks
Image by Pete Linforth from Pixabay Ransomware attacks do not necessarily end with the payment despite the huge sum of money involved, there are potential risks attached to the attacks. A session at Gartner’s Security & Risk Management Summit has revealed that the average cost of a ransomware payment in Q1 2020 was $178,254. While the amount is on the high side, you should know that the downtime cost due to any attack was not taken into consideration. Depending on the size of your business and especially if it’s a midsize company, there are chances that you’ll not be getting all of your encrypted data back after you might have paid for the ransomware attack, the session went on to divulge. Paul Furtado, a senior director and analyst of MSE security at Gartner, was reported to have observed that “What we see is that about 4% of the data is non-recoverable.” What this boils down to is that you have lost both ways. You have paid the ransom demanded but your data has been compromised and tampered with. It dawns on you that the guys you are dealing with don’t have an iota of good intention for you and your business. Another thing…
Capitalizing on Risk Assessment Analysis and BIA for More Precise and Focused BC Plans
Image by Gerd Altmann from Pixabay It’s quite true that the process involved in the development of business continuity and disaster recovery plans go through a lot of stages, but you can’t kick start them without taking into cognizance the vital contributions of BIA (business impact analysis) and risk assessment analysis. Once you have taken the two into consideration, you can then go ahead to formulate strategies that will enable you to handle the various hazards, risks, possible perils, and threats to critical business processes identified in the BIA and risk assessment analysis. If you are able to accomplish this, what you come up with is a completed business continuity plan. It’s important that you focus on the relationship between business impact analysis and risk assessment analysis, in order to fully comprehend the highly important process of developing business continuity/disaster recovery strategies, for you to eventually build your watertight BC/DR plans. BIA data The areas you can deploy the results of a BIA to identify include: The most crucial business functions and processes to be recovered and reestablished after you might have experienced a disruptive event. Resources your organization needs to effectively sustain your key operations, such as email, a suite of office…
Benefits Of Artificial Intelligence With Python Language
Photo Credit: skoop Flickr via Compfight cc When thinking about your subsequent AI project, there will be chances that you will be confused about which language to pick. The list might include Prolog, Python, LISP, C#, etc. Which one to pick, also depends on factors such as ease of code, developer experience, personal preference, etc. In the current times, the language that is gaining popularity is Python. The benefits of Artificial Intelligence with Python are massive. Python is an interpreted & high-level programming language that emphasizes on RAD or rapid application development. Why this language has gained such momentum especially in AI is listed as follows: Fewer codes When talking about Artificial Intelligence pros and cons, the pros definitely outweigh the cons. AI comes with a lot of algorithms. So why do you think the benefits of AI with Python increase? Testing becomes a lot easier with Python. Easy writing & execution of codes is possible with this language. Even with the 1/5th code, Python can integrate a similar logic in contrast to OOPs languages. The approach of this language is interpreted which is why it merges well with the features of artificial intelligence as well. This approach enables checking…
How Machine Learning Can Help UBA Tools to Thwart Security Attacks
Image by Tumisu from Pixabay Inasmuch as cyberattacks have consistently been on the increase, it behooves every partaker in the information security industry to constantly be on the knowhow of relevant tools and techniques that can be deployed to tackle the menace and that makes a case for machine learning-based UBA. Your principal duty as an information security professional, is to understand what’s going on in your environment and this will lead to sinking huge amounts of resources and tools that may include log management, security information and event management (SIEM), and even security operational intelligence. While all these measures may not have been adequate in making you actually comprehend what’s happening, security user behavioral analytics (UBA) has come to play the role. User behavior analytics is basically employing monitoring systems to track, collect, and assess user data and activities. You can deploy these technologies for the analysis of historical data logs which can include network and authentication logs collected and stored in log management and SIEM systems. This will enable you to identify patterns of traffic caused by user behaviors, that could be normal or malicious. The essence of UBA systems is fundamentally intended to provide cybersecurity teams with actionable insights. Understandably,…