Cloud enterprise spending continues to grow - Winners and Loosers
July 26, 2021
By Newton Braga
Data from Synergy Research Group for the 2021 Q1 cloud spending shows that the enterprise investment on cloud infrastructure services was over US$39 billion for the quarter. It translates to an increase of over US$2 billion, from the previous quarter, up 37% from 2020 Q1.
The report identified Microsoft is slowly gaining ground on Amazon (AWS) percentage of the market – the gap between the two major players in the cloud market has been narrowed by two percentage points over the last year, with Microsoft reaching the 20% watermark for the first time, and Amazon having 32% of the cloud market.
While Amazon’s market share in the worldwide cloud infrastructure market amounted to 32 percent in the first quarter of 2021, still exceeding the combined market share of its two largest competitors, Microsoft and Google, with AWS share staying consistently in the 32-34% band throughout a four-year period, and Microsoft investing more into the cloud than ever before, as highlighted by the company CEO, Satya Narayana Nadella in the recent Microsoft Ignite 2021 event, the gap between them could narrow further in the next quarters. Microsoft is launching new products for hybrid and multi-cloud...
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AIOps – Another Hype, New Acronym or a Real AI Solution?
July 22, 2021
By Newton Braga
Artificial Intelligence (AI) – what was once a magical, science fiction concept, seems now to be a silver bullet for many of the complexities of businesses nowadays, pointed as a solution for sales forecasting and enablement, predictive analysis for marketing, business automation and insights, customer experience improvement, corporate knowledge management, real time decision making, Predicting Repairs and Upkeep for Machinery, cyber security and the list goes on and on.
And to add to the arsenal of AI proposed solutions, Gartner coined a new acronym, AIOps, which stands for “Artificial Intelligence for IT Operations” (not sure why IT is missing from the acronym).
AIOps is considered to be one of the better use cases for artificial intelligence. It can be applied to maintain IT infrastructure, managing the myriad of system alerts generating petabytes of data, providing problem root cause analysis, watching the infrastructure for unusual levels or types of activity, proactively monitoring and providing quicker responses to the most significant problems which requires prompt attention.
With IT now a critical part of almost every business activities, and corporate systems becoming too complex with mixed cloud and on premises infrastructures, to ensure IT systems and infrastructure are...
ai, aiops, itops
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Cybersecurity and the disconnection with the C-Suite
July 18, 2021
The role of the Chief Information Security Officer (CISO) or another most senior information security officer role in an organisation, has become prominent as reports of data breach, company compromises impacting critical services and other information security related compromises consistently make the news worldwide.
Engaging board members and an organisation’s executive team to embrace cybersecurity as a critical issue has always been a challenge to cybersecurity leaders. A study by the Ponemon Institute and security vendor LogRhythm was recently released, assessing security executives’ progress in turning security priorities into business priorities. And the findings, unfortunately, are not the ideal.
From 1,426 cybersecurity leaders surveyed in the United States, EMEA and Asia-Pacific, the study found that 93% of respondents were not reporting to the CEO. Rather, in fact, on average they were three levels away from the CEO, which can make more difficult for CEO and board members to have an accurate and full understanding of security risks and their implications for the organisation.
60% of the respondents advised they had been victim of a cyberattack in the last two years. For the cyberattack events, it was found that 35% of respondents advised that nobody was held accountable for the...
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Cyber Security News - Ramsomware as a Service (RaaS) and Kaseya VSA remote access tool compromise
July 7, 2021
By Newton Braga
Babuk ramsomware code leaked to VirusTotal security site
A threat actor is using leaked code from the Babuk ransomware to carry out its own attacks, using a leaked tool used by the Babuk Locker operation to create custom ransomware executables. Security researchers discovered last week that Babuk’s ransomware builder tool was uploaded to VirusTotal, making it available to all security vendors and competitors. It’s unclear however just how that happened. BleepingComputer tested the builder, it was simplistic to generate a customized ransomware, and advised that a threat actor can simply modify the enclosed ransom note to include their own contact info, and then create customized ransomware encryptors and decryptors that target Windows, VMware ESXi, Network Attached Storage (NAS) x86, and NAS ARM devices by running the available build executable.
According to Malwarebytes, the group announced “Babuk changes direction, we no longer encrypt information on networks, we will get to you and take your data, we will notify you about it if you do not get in touch we make an announcement,” read the hacker-forum post. Separately, it wrote, “The Babuk project will be closed, its source code will be made publicly available, we...
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Cyber Security Battle - Can We Win It?
May 16, 2021
By Newton Braga
Are we fighting a lost battle?
- Cyber security breaches are increasing
- Number of network connected devices are more common than ever including IoT, security cameras, sensors, household appliances, etc.
Greater the attack surface the greater the chances of an adversary finding an exploitable security vulnerability
- Insurance companies are upping the cyber security insurance premium cost as insured companies becoming more frequently targets of cyber attacks....
Click here for a PDF copy of the above infograph.
About the author
Newton Braga has a Master in Business Administration (MBA) and a Bachelor Electrical Engineering (BEng) degree.
He is an IT, digital solution executive, with experience on board membership and 15+ years of experience in IT leadership roles across the private, public
and higher education sectors, in Australia and overseas.
Posted at: 12:03 PM | 0 Comments | Add Comment | Permalink
How smart is your organisational IT spending?
March 13, 2021
By Newton Braga
How good is your organisation’s investment in information system, tools and technology?
With the pandemic, companies increased faster spending in technology tools to support changes in the workplace environment. According to Gartner, IT spending worldwide will reach US$3.9 trillion in 2021. James Anderson, research vice-president at Gartner, said with the digital acceleration brought by COVID, most organisations are not tracking the business outcomes and benefits of their investment in IT. People are wasting money, doing what they are told to do, rather than using business metrics to influence investment, according to James Anderson.
In a recent survey of world technology and business people about how organisations are wrongly investing in IT, some common answers were found.
Cloud spending is too high
Cloud technology is constantly improving, and lower infrastructure and storage costs are some benefits well known by companies.
But according to Gartner analyst, Ed Anderson, organisations are overspending by an average of 40% by rushing to the cloud without a proper planning and fully understand what the shift from on premises to cloud will entail. One of the biggest mistakes that companies are making is simply moving services to the cloud as they are...
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Business & Technology Weekly Snapshot
March 11, 2021
A briefing weekly update on technology / business related matters.
By Newton Braga
Wall Street Tech Rally Continues
Mega-cap stocks Microsoft, Apple, Facebook and Amazon.com led the rally, recouping losses from a recent pullback
New risks that could emerge from extensive remote working arrangements
The paper “Risk Management and Operational Resilience in a Remote Working Environment” highlights that, in view of the protracted remote working arrangements
HAFNIUM targeting Exchange Servers with 0-day exploits
Microsoft continues to see increased use of these vulnerabilities in attacks targeting unpatched systems by multiple malicious actors beyond HAFNIUM
Microsoft's MSERT tool now finds web shells from Exchange Server attacks
Microsoft has pushed out a new update for their Microsoft Safety Scanner (MSERT) tool to detect web shells deployed in the recent Exchange Server attacks
White House fears significant number of organisations caught in Microsoft hack
The hacking has already reached more places than all of the tainted code downloaded from SolarWinds Corp.
F5 urges customers to patch critical BIG-IP pre-auth RCE bug
F5 Networks, a leading provider of enterprise networking gear, has announced four critical remote code execution (RCE) vulnerabilities affecting most BIG-IP and BIG-IQ software versions.
Posted at: 05:07 AM | 0 Comments | Add Comment | Permalink
COVID-19 business impact and jobs of the future
January 30, 2021
By Newton Braga
Undoubtedly, the COVID-19 pandemic brought, with its induced lockdowns, global recession, and changes in general at individual and professional levels, a great uncertainty for the labor market while, at the same time, bringing accelerated changes to it. The way to work, to interact with businesses, work colleagues, family and friends have changed significantly - some changes were temporarily but some will be with us for the foreseeable future.
In October/2020, the World Economic Forum published a report titled “The Future of Jobs Report 2020”. While shedding light on the disruptions caused by the pandemic in 2020, the report maps the jobs and skills of the future, tracking the pace of change, within the context of a history of economic cycles, technology adoption outlooks, jobs, and skills in the following five years.
Some of the key findings of the report include:
- The changes in the workplace brought by the pandemic accelerated the pace of technology adoption in many areas. This pace is expected to continue in length and strength. Following previous years trend, business leaders are seeing with high priority areas such as e-commerce, cloud computing and data management & analytics (i.e., big data). The rate...
covid, jobs, wef, worldeconomicforum
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Cyber Security Program and Organisational Maturity
April 22, 2020
By Newton Braga
Remote working is one of the workplace changes that has been in the pipeline for quite some time now. In 2019, Buffer.com conducted a study about the state of remote work, and 99% of the interviewees reported they would like to be able to work remotely at least once in their career.
Remote working moved from a trend to be a way to work that is here to stay. It allows flexibility in terms of working schedule and location, with these two benefits making the top of the benefit list identified in the Buffer.com report.
For many organisations, instructing or encouraging staff to work from home has been the approach to help to reduce the spread of Coronavirus COVID-19 and adhere to social distancing. But such move in a short notice, from a trusted office environment to working remotely increased the organisations’ exposure to cyber security risks.
Although a very current buzzword, cyber security is really all about information management and security. While information is not recognisable as a balance sheet asset – even though information meets all the criteria to be included on it – some organisations started internally recognising information as an actual...
cyber, information, risk management
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Nimble Leadership - Enabling Cross-Functional Innovation
November 22, 2019
By Newton Braga
The world is constantly changing around us, and organisations and their leadership teams are not in a cocoon, insulated from the surrounding environments and their influences.
Traditional businesses are disrupted by new entrants or established organisations which foresee the needs for innovative products and services to survive. Kodak and Nokia are just two examples of market leaders which failed to evolve with changing times.
But organisations are not a living entity which will change by themselves. They need their people to be involved in understanding the organisational goals and strategies, to move the organisation day by day, to derive the best outcomes in all the areas. Such approach requires an adjustment in leadership styles.
These new leadership styles were identified by Deborah Ancona and Kate Isaacs, researchers at MIT Sloan School of Management, when studying established companies which adapted to what was previously called Distributed Leadership, and the researchers have now called Nimble Leadership.
The researchers coined the term Nimble Leadership to describe a structure where leaders are spread across the whole organisation and ready to move accordingly to what happens in the moment inside the organisation. These cross-functional leaders at different levels with an...
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