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Why IT leaders are putting more business spin on security spend

CIO

Wright says he’s seen some companies spend potentially business threatening amounts up to $20 million after a ransomware attack, so preventing such losses, he says, represents very real value. Applying caution with benchmarks Several CISOs were skeptical about using benchmarks to compare their security spend with others.

Security 697
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Product-based IT fuels Lufthansa’s digital CX transformation

CIO

By April 2020, with travel bans proliferating, the airline suffered losses of €1 million per hour. Like many airlines, Lufthansa Group had its business upended by the COVID-19 pandemic. It looks completely different compared to what you had to do in the past. Safe services is a huge focus topic.”

Airline 902
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

This choice was bolstered by third-party benchmark reports, which highlighted significant advantages such as approximately 35% lower total cost of ownership (TCO) compared to traditional solutions.

Banking 747
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Gaining an AI advantage: Not all AIs are created equal

CIO

In addition, granular data loss prevention policies enable the safe and secure use of Generative AI apps while preventing sensitive IP data from leaking out. Overall, Generative AI has enabled us to achieve the following game-changing milestones to help protect enterprises: 90% reduction in attack surface for crown-jewel applications.

Advantage 661
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Enterprise Storage Trends That CIOs Need to Grasp for the Remainder of 2022

CIO

Out of the respondents from companies with at least $10 billion in revenue, 85% say they experienced fraud losses in the last year, driven by cyber breaches. . We need to adjust this prediction because a new benchmark for latency was set in April 2022: sub-35 microsecond latency.

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Big Brands Suffering Substantial Losses & Ignoring Social Insight

Netbasequid

Track what consumers are saying, have that consumer sentiment analysis in your back pocket to benchmark against as you go, and you’ll be the equivalent of an early toilet paper shopper in March of last year (taking steps ahead of everyone else instead of playing catch up and paying hoarders per roll).

Loss 98
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What is enterprise architecture? A framework for transformation

CIO

Providing a benchmarking framework to compare results against other organizations or standards. Enterprise architecture in the agile era: Loss policing, more coaching. Making it easier to evaluate existing architecture against long-term goals. Establishing processes to evaluate and procure technology. Top enterprise architecture tools.