Daily Tech Digest - September 10, 2017

Why You Need a (Big) Data Management Platform for Your Digital Transformation

The organizations and businesses of today must think far beyond the traditional confines of an enterprise and need to consider the entire ecosystem to ensure that they are making the right decisions which can help with survival. It is now essential for organizations and businesses to take several factors into consideration, the most prominent of which are the customers, suppliers, competitors, and consortiums which the organization or business might be a part of. Fortunately for many, a digital transformation makes all of that—and much more!—possible.  The importance for organizations and businesses of evaluating and analyzing data streams in the world today cannot be emphasized enough.


How can creative industries benefit from blockchain?

In the creative economy, blockchain can redefine how artists are remunerated by acting as a platform for creators of intellectual property to receive value for their work. A common complaint lodged by artists is that, as performance-rights organizations and new intermediaries such as YouTube and Spotify increasingly insert themselves into the value chain between artists and their audiences, artists receive smaller cuts of revenue and have less say over how their creative works are priced, shared or advertised. For example, on Spotify it would take between 120 to 170 streams for rights holders to receive their first penny. “Today, when anyone wants to pay for the right to play a song at a concert or the right to play a song in a movie, this causes quite a lot of transaction friction and takes time,” says Wences Casares, CEO of Xapo, one of the largest custodians of Bitcoin.


How Quantum Computers Will Revolutionize AI, Machine Learning And Big Data

Once one of these industry leaders succeed at producing a commercially viable quantum computer, it’s quite possible that these quantum computers will be able to complete calculations within seconds that would take today’s computers thousands of years to calculate. ... That will be critical if we are going to be able to process the monumental amount of data we generate and solve very complex problems. The key to success is to translate our real-world problems into quantum language. The complexity and size of our data sets are growing faster than our computing resources and therefore place considerable strain on our computing fabric. While today’s computers struggle or are unable to solve some problems, these same problems are expected to be solved in seconds through the power of quantum computing.


How to Keep Your Company’s Information Organized

While plenty of businesses start out with a relatively well-organized information system, it's essential that the company's organization protocol continually adapts and evolves. Businesses need to make a point to ensure that their system of organization is constantly reviewed and improved to compensate for the biggest areas of weakness. All of the policies that a company puts in the place in order to educate employees about proper information organizations should be expanded and systematically sharpened on a regular basis for maximum efficiency. The more committed that your company is to constantly improving its organization efforts, the safer its information will ultimately be. By making sure to establish the most stable control points for information monitoring, your company is always in the best position to counteract any potential security breaches.


How Blockchain Revolutionizes Supply Chain Management

Blockchains make it possible for ecosystems of business partners to share and agree upon key pieces of information. But they can do it without having to appoint an intermediary and deal with all the complex negotiations and power plays that come with setting the rules before handing over really critical business information. Instead of having a central intermediary, blockchains synchronize all data and transactions across the network, and each participant verifies the work and calculations of others. This enormous amount of redundancy and crosschecking is why financial solutions like bitcoin are so secure and reliable, even as they synchronize hundreds of thousands of transactions across thousands of network nodes every week.


Seven aftershocks of the Equifax breach: What bankers need to know

"This is about fraudsters being able to go out and open a brand new account in your name, and potentially selling Social Security numbers," Clements said. "The thing that wakes people up, at least wakes me up, is that it's a lot of numbers and the nature of the information means the type of damage that could be done is a lot more serious than just taking over a credit card." Equifax said that it hasn't seen any unusual activity among any of the 143 million victims. To Clements, this is cold comfort. "This stuff takes time," he said. "If names and Social Security numbers and dates of birth are out there, they will be used at some point. No one should take reassurance that a few weeks in, they don't detect a high level of activity." When he worked at Citi, "you'd see, months later, stolen information turning into new accounts or fraudulent activity. There's a long shelf life here."


A Small Oversight by Equifax In the Middle of a Massive Data Breach

So, what was this oversight? Well, it is highly likely that the folks managing the rollout of the website https://www.equifaxsecurity2017.com/ forgot to consider that scammers would very quickly look to register very similar domain names to spoof their victims. Luckily, they caught this error quickly and appear to have taken corrective action. Here are the facts behind this assertion. The domain name of their primary site was registered on August 22nd, 2017 at around 22:07 UTC. This domain was registered through MarkMonitor, Inc. and points Cloudflare name servers. All standard stuff. However, when I was doing my research I ran a quick lookup using the tool URLCrazy. This tool processed 251 different versions of the original domain name and I started to see some interesting results.


Cryptographic vulnerabilities in IOTA

Though the technology is exciting, the due diligence required to make sound investments in the technology isn’t keeping up with the pace of the hype. Aside from the financial risk, I don’t think developers and investors are thoroughly evaluating these systems technically, either. Many investors are relying on signaling — if enough well-known institutions like universities or large companies sign on as investors or advisors, it indicates approval of the project and its software. The problem is that some of these technologies have serious issues, and the large companies and well-known individuals either aren’t doing due diligence and investing the resources and time needed to evaluate the projects with which they are partnering, or aren’t sharing their findings with everyone else. The cryptocurrency space still doesn’t have a good way to assess these projects.


How big data can build better customer relationships

By utilizing big data for business intelligence and customer insights, an element of ‘dangerous guesswork’ is eliminated. Instead of hunches, benchmarked metrics help corroborate findings and guide marketing decision-making and idea formulation. Landing pages, launch ideas, social media campaigns — all these can be sent out en-masse, with the incoming data analyzed for effectiveness and ROI. At the same time, real-time data also compels businesses to be able to change their minds and pull back from campaigns quickly if initial feedback is negative. From a customer experience point of view, data is all about joining up the dots between a business’s disparate channels and services. With evidence-based segmentation and reporting in place, adjustments further down the line can justified and implemented easily, providing a more fluid and user-driven customer experience.


Understanding your network of continuous delivery tools

The Continuous Delivery Map is designed to help you make sense of all the different tools available, providing you with a simple visual guide of where they sit in the overall Devops landscape. Each line represents a different technology category and includes products that are available within that category. We’ve based the map on a simple metro system, akin to the London Underground, with each line representing a specific catgory. You can click on any ‘stop’ and learn more about the tool, in what context it can be used and its capabilities. It also offers insight into where the different tools can integrate with one another. The map also highlights the fact that, as with a distribution network, a central hub exists, from which the various tools can be orchestrated – much like an assembly line. This hub enables processes which have been planned, structured and defined to be repeated.



Quote for the day:


"It is the framework which changes with each new technology and not just the picture within the frame." -- Marshall McLuhan