The cloud is constantly changing the structure and function of the IT world. In the past few years, individuals have had the opportunity to see how the cloud has evolved and how large industries and companies have been changing practices internally to a response that looks more like the innovation that has been read about – and that many, mainly in the Valley, believe exists as a priori virtually everywhere.
In a recent MIT Sloan Management Review article, “How Blockchain Will Change Organizations,” the authors spitball how blockchain practices could lead the corporate world to a new era of business processes, including the compliance function. So, what can bitcoins have in common with following the rules? Let's take a closer look.
Banks and credit unions are undergoing a pervasive digital transformation and would like to move even faster. However, there just aren't enough tech employees to go around. With unemployment at historic lows, financial organizations are having a hard time filling positions needed to achieve their digital transformation.
When a person becomes an information security analyst, they will take on a variety of roles within a company. The most important role this person will fill is to protect the primary computer network that the employer uses from cyber threats.
According to a recent Deloitte study, banks continue to move forward with risk compliance strategies at the same time that future regulations are a bit of a mystery. To meet applicable laws and supervisory expectation, banks and financial institution need to shore up their compliance and risk management programs. There's no time to see how the current administration will act.
IT workers should take notice of the changes in the cybersecurity industry. These days, there's a shift to create a laser focus on early detection and preventing fraud and hacking before it starts. As a result, cybersecurity professionals are scrambling to lock shields against would-be invaders.