Learning cloud cost management the hard way
The rapid adoption of cloud technologies has outpaced the development of
requisite skills within many organizations, leading to inefficiencies in
provisioning, managing, and optimizing cloud resources. The No. 1 excuse that
I hear from those overspending on cloud computing is that they can’t find the
help they need to maximize cloud resources. They are kicking years of
cloud-powered technical debt down the road, hoping that someone or some tool
will come along to fix everything. ... Automation tools powered by AI can play
a crucial role in ensuring that resources are only provisioned when needed and
decommissioned when not in use, thus preventing idle resources from
unnecessarily accruing costs. Moreover, a robust cost governance framework is
essential for cloud cost management. This framework should include policies
for resource provisioning, usage monitoring, and cost optimization. ... It’s
frustrating that we’ve yet to learn how to do this correctly. 2020 wants their
cloud spending problems back. This is not the only survey I’ve seen that
reveals cost inefficacies on a massive scale. I see this myself.
The Interplay Of IoT And Critical Infrastructure Security
The vast number of interconnected devices in an IoT-driven infrastructure
creates a massive attack surface. These objects often have limited
processing power and may miss out on robust security features, which
potentially makes them easy targets. ... The silver lining is that such
heterogeneous cabling architectures can be glued together to deliver
fiber-grade connectivity without the need to build new high-cost networks
from scratch. An illustration of this tactic is Actelis’ hybrid-fiber
technology harnessing high-performance managed Ethernet access switches and
extenders to make the most of existing network infrastructures and provide
gigabit speeds via virtually any wireline media. Actelis’ hybrid-fiber
networking concept includes sections of fiber (for the
easy-to-reach-with-fiber locations) and copper/coax that can be upgraded
with Actelis’ technology to run fiber-grade communication. The company does
both and provides management, security, and end-to-end integration for such
entire networks, including fiber parts. This is important, as it represents
a significant part of the market, selling both fiber and non-fiber
networking.
MIT Researchers Introduce Generative AI for Databases
The researchers noticed that SQL didn’t provide an effective way to
incorporate probabilistic AI models, but at the same time, approaches that
use probabilistic models to make inferences didn’t support complex database
queries. They built GenSQL to fill this gap, enabling someone to query both
a dataset and a probabilistic model using a straightforward yet powerful
formal programming language. A GenSQL user uploads their data and
probabilistic model, which the system automatically integrates. Then, she
can run queries on data that also get input from the probabilistic model
running behind the scenes. This not only enables more complex queries but
can also provide more accurate answers. For instance, a query in GenSQL
might be something like, “How likely is it that a developer from Seattle
knows the programming language Rust?” ... Incorporating a probabilistic
model can capture more complex interactions. Plus, the probabilistic models
GenSQL utilizes are auditable, so people can see which data the model uses
for decision-making. In addition, these models provide measures of
calibrated uncertainty along with each answer.
Securing Applications in an Evolving API Security Landscape
Adding further fuel to the fire, threat actors constantly innovate,
developing new techniques to target APIs. This includes exploiting zero-day
vulnerabilities, leveraging stolen credentials through phishing attacks, or
even using bots to automate brute-force attacks against API endpoints.
Traditionally, API security focused on reactive measures, patching
vulnerabilities and detecting attacks after they happened. However, GenAI
allows attackers to automate tasks, churning out mass phishing campaigns or
crafting malicious code specifically designed to exploit API weaknesses.
These attacks, known for their speed and volume, easily overwhelm
traditional security solutions designed for static environments. ... APIs
are crucial for modern business operations, driving innovation and customer
interactions. However, without proper security measures, APIs can be
vulnerable to attacks that can put sensitive data at risk, disrupt
operations, and damage customer trust. ... This underscores the real-world
impact of inadequate API security, including delayed innovation, frustrated
customers, and lost revenue.
Fundamentals of Descriptive Analytics
Descriptive analytics helps to describe and present data in a format that
can be easily understood by a wide variety of business readers. Descriptive
analytics rarely attempts to investigate or establish cause-and-effect
relationships. As this form of analytics doesn’t usually probes beyond
surface analysis, the validity of results is more easily implemented. Some
common methods employed in descriptive analytics are observations, case
studies, and surveys. ... The main disadvantage of descriptive analytics is
that it only reports what has happened in the past or what is happening now
without explaining the root causes behind the observed behaviors or without
predicting what is about to happen in the future. The analysis is generally
limited to few variables and their relationships. However, descriptive
analytics becomes a powerful business resource when it is combined with
other types of analytics for assessing business performance. While
descriptive analytics focuses on reporting past or current events, the other
types of analytics explore the root causes behind observed trends and can
also predict future outcomes based on historical data analysis.
Strategies for creating seamless and personalised customer journeys
One cannot overlook the fact that CX in financial services is crucial since
it influences customer satisfaction levels. In turn, this depends on
providing seamless experiences across all touchpoints, beginning with the
initial contact, right up to the final delivery and the consumption of
financial products or services. Significantly, CX in financial services goes
beyond merely offering excellent customer service. Instead, it involves
ensuring frictionless, personalised experiences that surpass expectations
across every stage of the customer’s journey. Be it banking, insurance or
investment services, the ongoing digital transformation has substantially
enhanced the expectations of customers. Today, speed, convenience and
personalisation are taken for granted. As a result, financial entities that
provide superior CX enjoy a clear competitive advantage in both attracting
and retaining their customers, leading to increased profitability. ...
Navigating complex regulatory environments ensures financial integrity.
Regulations uphold standards, protecting consumers. Compliant firms earn
trust, enhancing reputation alongside prioritizing customer experience for
competitiveness in the market.
Cultivating Continuous Learning: Transforming L&D for the Hybrid Future and Beyond
Adapting L&D for the Digital Age requires strategic initiatives that
cater to evolving demands in today's dynamic landscape. This entails
embracing technology-driven learning platforms and tools that facilitate
remote access, personalised learning paths, and real-time analytics. By
leveraging these innovations, organisations can ensure that learning
experiences are agile, responsive, and tailored to individual needs.
Integrating digital collaboration tools fosters a culture of continuous
learning and knowledge sharing across geographies, enhancing organisational
agility and competitiveness in a digital-first world. Future-proofing
L&D involves identifying and developing critical skills that will drive
success in tomorrow's workplace. This proactive approach requires foresight
into emerging trends and industry shifts, preparing employees with skills
such as adaptability, digital literacy, creativity, and emotional
intelligence. Implementing forward-thinking training programs and
certifications ensures that employees remain adept and resilient in the face
of technological advancements and market disruptions.
Cybersecurity Can Be a Businesses Enabler
Cybersecurity controls and protective mechanisms can protect an
organization's assets - its data, people, technology equipment, etc. By
actively protecting assets and preventing data breaches, an organization can
avoid potential negative business impact, financial or otherwise. And
because the organization does not have to worry about that potential damage,
it can operate in a safe and focused fashion. ... Suffering a negative
security event indicates some gap or deficiency in an organization's
security posture. All organizations have security gaps, but some never
report a negative security event - probably because they have invested more
resources in differentiating themselves from their competitors. Implementing
strong protective measures shows customers that an organization takes
security seriously, which makes it a more appealing business partner. ...
Customers and partners are becoming more aware of cyber risks, and they
prioritize cybersecurity when they consider engaging in business. By
implementing effective cybersecurity measures, a company can improve the
confidence that potential customers and partners have in it. Over time, this
will lead to increased loyalty and trust.
What is transformational leadership? A model for motivating innovation
The most important thing you can do as a transformational leader is to lead
by example. Employees will look to you as a role model for behavior in all
areas of the workplace. If you lead with authenticity, employees will pick
up on that behavior and feel inspired to maintain that high standard for
performance. It’s not about manipulating employees into working hard, it’s
about leading by example and positively influencing others through a
commitment to trust, transparency, and respect. ... To help create change,
it’s important to challenge long-standing beliefs in the company and push
the status quo by encouraging innovation, creativity, critical thinking, and
problem-solving. Transformative leaders should help employees feel
comfortable exploring new ideas and opportunities that can inject innovation
into the organization. ... As a transformational leader, you will need to
encourage your team to feel attached and committed to the vision of the
organization. You want to ensure employees feel as committed to these goals
as you do as a leader by giving employees a strong sense purpose, rather
than attempting to motivate them through fear.
How Post-Quantum Cryptography Can Ensure Resilience
Quantum computing represents a major threat to data security, as it can make
attacks against cryptography much more efficient. There are two ways bad
actors could use this technology. One is the “Store now, decrypt later”
method, in which cybercriminals steal sensitive data and wait until quantum
computers have the ability to break its encryption. This is particularly
important for you to know if your organization retains data with a long
confidentiality span. The other method is to break the data’s digital
signatures. A bad actor could “compute” credentials based on publicly
available information, then impersonate someone with the authority to sign
documents or approve requests. As with the above message, criminals can do
this retroactively if older signatures are not updated. Today’s encryption
methods cannot stand against the capabilities of tomorrow’s quantum
computers. When large-scale quantum computers are built, they will have the
computing ability to decrypt many of the current public key cryptography
systems.
Quote for the day:
"The only limit to our realization
of tomorrow will be our doubts of today." --
Frank D Roosevelt
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