Author: Max Smith
We are in a difficult time for business amid political headwinds and economic uncertainty. The economy is affected by a combination of continued high inflation and limited GDP growth. Meanwhile, supply chains have been disrupted by international conflicts (including Ukraine, Gaza and the Houthi rebellion) and the ongoing impact of Brexit. As a result, companies are being pulled in different directions by economic pressures and uncertainty, two of the things companies hate the most. Due to these challenges, it is no exaggeration to say that we are experiencing a “cost of business” crisis.The crisis has caused cybersecurity teams to face…
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What was the impetus for starting it? One dash?The impetus for starting Onedash was primarily a recognition of the huge gap in cybersecurity capabilities between large enterprises and small and medium-sized enterprises (SMEs). As a cybersecurity leader with extensive experience across companies of various sizes, I am aware that small and medium-sized businesses face limited budgets and access to specialized cybersecurity personnel and are less susceptible to cyber threats compared to larger enterprises. I observed firsthand the challenges that are becoming more vulnerable.This cybersecurity gap gave us the idea to create a solution specifically tailored to the needs of small…
The increasing use of financial sanctions by countries and intergovernmental organizations has become a common tool to influence and punish organizations that violate international norms. Although the purpose behind these sanctions is to maintain world peace and security, their application and enforcement has unintended consequences for the international banking and financial landscape. Here we explore the evolution and impact of sanctions on the banking and financial world, as well as the key players involved in maintaining compliance and regulation in an increasingly complex financial landscape. Evolution of financial sanctions The nature of financial sanctions has also changed significantly since their…
To our readers: We value hearing responses from people who post questions in this space. Like you, I'm interested in how people dealt with their dilemmas, and wondering if my advice was helpful.We are pleased to publish this “update” from a reader whose original question was published in June 2012.The original Q&A is below, and updates will follow.Dear Amy: Both my husband and father are video gamers.A new version of their favorite game was just released, and they noticed it was rated M-Mature by the Entertainment Software Rating Board.The two men think it's perfectly fine for their 4- and 6-year-old…
PHOENIX — Monday's solar eclipse was likely the first since 2017, but astrologers are wondering how the night sky this Phoenix Suns season will be devoid of certain stars and how the sun will be completely eclipsed as a result. I must have not checked to see if it was correct. Phoenix is in an embarrassing situation where they are unable to play when the opposing team is without their best player, but they continued to face the Los Angeles Clippers team without Kawhi Leonard (right knee inflammation) and James Harden (right foot inflammation) on Tuesday. This ensued with a…
“The long-term positive trend of China's economy has not changed, and so has the Chinese government's ability and determination to maintain good government credit.”'We can't afford to fall behind': China's local debt problem hurts businesses and creates mistrustThe ministry added that local debt risks are “under control” and de-risking is progressing in an orderly manner.But Fitch's move comes at a sensitive time for the world's second-largest economy, with China set to release first-quarter data on Tuesday, which is expected to see a rebound in economic activity.The Ministry of Finance, which had deep and extensive consultations with Fitch before downgrading, said…
Day breaks over a landscape consecrated by blood and steel. A battle begins as a new dawn rises. Behind The Scenes: … source
FCAThe failures of the financial regulators, the Financial Services Authority (FSA), the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), are well documented.After each failure, we wonder how, while they floundered, we overlooked the balance sheet anomalies that led to the collapse of the entire system, or why they didn't act sooner to protect investors. I had to listen to him explain it.Sometimes, many years after an incident, an investigation tells us what we already knew: that UK financial regulation is ineffective at preventing fraud.The success of regulation is the suffocation of capital markets. Regulation has reduced the…
The increasing incidence of cybercrime and malware, primarily in the government, defense, and IT sectors, is calling for an urgent reassessment of traditional security strategies across diverse organizations worldwide. The proliferation of attack surfaces is further expanded by the powerful emergence of cloud-based platforms and increased usage of smartphone applications. This burgeoning threat landscape is accelerating the growth of the cybersecurity services market accordingly. According to recent findings from DataHorizon Research, the cyber security services market was valued at USD 208.3 billion in 2023 and is projected to grow to USD 445.3 billion by 2032, at a CAGR of 8.8%.…