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Hackers prime target Health Care sector
Cyber security threats are more frequent, sophisticated and costly. The Cost of a Breach is increasing day by day. By 2025 it is to cost $10.5 trillion – 15% growth year over year. Attackers haven’t wasted any time capitalizing on the rapid move to hybrid work. Every day, cybercriminals and nation-states alike have improved their targeting, speed and accuracy as the world adapted to working outside the office.
Hackers are very persistent and resourceful. They are constantly learning and evolving their techniques. This makes them a formidable adversary, even for countries with advanced cybersecurity capabilities like Israel. Israel has proved to be one of the leading countries in the robustness of its cyber security systems and its commitment towards Cyber Iron Dome. Nobody can deny their commitment to this cause and today nearly one-fifth of investment in Cyber Security finds its way into Israel.
Today's Headline in NewsHours
0:00 Intro
2:45 RBI may launch Digital Currency pilot in call money market by October
3:18 Income tax department seeks information from start-ups on creditworthiness of investors
3:55 #Meta creating a new AI model to compete with OpenAI
4:25 BSNL and MTNL merger in talks again
5:00 NCLAT dismisses insolvency plea against Wipro
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Hackers prime target Health Care sectorBy VARINDIA| 5 views
OTT services may soon get regulated by TRAI
India is currently the world’s second-largest telecommunications market. As on March 31, 2023, there were 1.172 billion telephone subscribers in the country.
Over-the-top (OTT) communication services including Whatsapp, Signal, Zoom, Google Meet and Telegram could be "over regulated" with the threat of encryption being compromised, said technology policy experts after the Telecom Regulatory Authority of India proposed to regulate such services in its consultation paper released recently.
Today's Headline in NewsHours
0:00 Intro
3:57 EU approves Broadcom's acquisition of VMware for $61 billion
4:36 #Wipro and Netskope collaborates to enhance managed cloud security
5:15 #RibbonCommunications hires Joni Roberts as its Chief Marketing Officer
5:55 #Disney seeking strategic options for its India operations
6:27 #Airtel boosts its ownership to 45.6% in SD-WAN startup Lavelle
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OTT services may soon get regulated by TRAIBy VARINDIA| 23 views
New Policy on On-line gaming to witness degrowth
#Onlinegaming is now seen as a mainstream source of entertainment for people across the globe. The Indian gaming market is expected to grow from $2.8 billion in 2022 to $5 billion in 2025, growing at a CAGR of 28-30%. India’s online gaming industry is growing at $3 billion with more than 400 million users, at present.
While the online gaming startup industry (not gambling or betting) was already paying 18% GST on the platform fee/commission, the GST Council has unfortunately chosen to apply 28% GST on the total amount. This can cause irreversible damage to the industry, loss of revenue to the exchequer, loss of employment for lakhs of skilled engineers in this sector. This decision will have a chilling effect on the $2.5 billion of FDI already invested and jeopardise potentially any further FDI in the sector.
Today's Headline in NewsHours
0:00 Intro
2:53 28% GST levied on online gaming sparks outrage in the industry
3:20 #TataGroup close to signing an agreement to acquire Apple Inc. supplier’s factory
3:50 #Microsoft's $69-billion Activision deal gets US court approval
4:23 #Wipro to invest $1 bn in AI over next three years
4:55 #Intel exits PC business as it stops investment of its NUC unit
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New Policy on On-line gaming to witness degrowthBy VARINDIA| 24 views
Tech revolution leads to job change
We can’t deny the fact that, every tech revolution leads to #jobchange. This is because #technologychanges the way we work and the skills that are needed to do our jobs. Unlike, the Industrial Revolution led to the rise of new jobs in manufacturing and transportation, while the Information Revolution led to the rise of new #jobsinIT and software development.
The Fourth Industrial Revolution, which is underway, is expected to lead to even more job changes. This is because the Fourth Industrial Revolution is characterized by the rise of new technologies such as artificial intelligence, robotics, and big data. These technologies are already having a major impact on the workforce, and they are expected to have an even greater impact in the years to come.
Today's Headline in NewsHours
0:00 Intro
2:38 Cabinet approves ₹89,047 crore revival package for state-run BSNL
3:10 #HCLTech launches advanced testing facility for 5G infrastructure in Chennai
3:42 #Meta Verified service in India to cost ₹699 for Facebook and Instagram users
4:10 #Instagram may introduce own AI chatbot in near future
4:40 Wipro along with Cisco brings Managed Private 5G-as-a-Service Solution
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#varindia #technews #newshour #news #techrevolution #JobChange #TechnologyChanges#digitaltransformation #Innovation #ModernWorkforce #futureofwork #FutureReady #CareerGrowth #TechnologyTrends #IndustryDisruption #Automation #SkillsUpgrade #Adaptability #DigitalSkills #TechIndustryBy VARINDIA| 22 views
Unleashing the Power of MusicLM: Revolutionizing the Musical Landscape
#MusicLM, an AI model that can generate high-fidelity music from text. MusicLM creates music at a constant 24 kHz throughout a number of minutes by modelling the conditional music generating process as a hierarchical sequence-to-sequence modelling problem. ChatGPT is just the beginning. MusicLM can also be used to generate music in a variety of styles, from classical to pop.
#ChatGPT is not just a product or a service, it is the beginning of a new life with Large Multi-Modal Language Models. They have come to complement and supplement the smart professionals / regular users as nothing even imagined. *OpenAI with ChatGPT took the lead,* but Google being the market leaders cannot afford to be left behind.
Today's Headline in NewsHours
0:00 Intro
3:05 #Infosys unveils its AI-first offering Topaz
3:45 CERT-In identifies multiple vulnerabilities in Chrome, Microsoft Edge
4:22 #Google’s new generative AI tool to help sellers customize their product images
4:52 #Microsoft defeats gamers’ bid to block Activision deal in US court
5:25 Wipro and Google Cloud partner to advance enterprise adoption of Generative AI
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#varindia #newshour #MusicLM #ArtificialIntelligenceinMusic #MusicRevolution #MusicTechnology #MusicalInnovation #AIinMusic #DigitalMusic #MusicCreation #MusicIndustry #MusicProduction #MusicGeneration #MusicAI #MusicComposer #MusicCollaboration #MusicDiscovery #MusicTrends #MusicStreaming #MusicExperience #MusicCreativity #MusicInfluence #MusicBy VARINDIA| 28 views
“WORK” can be demystified...
The pandemic may have made some tech companies surprisingly rich, but the environment in which they're trying to make money now is simply ... harder. It's clear that there are headwinds for the industry after a period of unsustainable growth coming out of the pandemic, iOS privacy changes, growing competition and macro headwinds.
As a result, the top four firms - #TataConsultancyServices, Infosys, HCL Tech & Wipro- added only 28,836 employees in the second quarter ending September, a massive 45 percent drop from the 52,842 added in the previous quarter.
These are not encouraging news for the $227 billion-strong Indian IT industry. But it is on an expected line. When the world is fighting during high inflations and Russia-Ukraine induced economic uncertainty, IT spending is likely to come down in the near future.
The Big Tech companies represented by FAANGM (Facebook, Apple, #Amazon, Netflix, Google and Microsoft) have crashed in 2022, passing through unprecedented times, with the value of this group falling 36% to date which is about double the rate of the rest of the US stock market (S&P500).
These unprecedented times impact the Tech companies Globally. General thesis is cloud adoption slowing, data center has become cost center, disruption from outside Silicon Valley, and secular growth days are over.
Tech companies that enjoyed strong growth in the early days of the pandemic are feeling the effects of a new reality of high inflation, rising interest rates, currency headwinds, and other issues on their income statements. The slowdown in personal computer sales and digital advertising seen earlier this year appears to be spreading to areas such as cloud computing that were thought to be resistant to economic weakness.
The overall macroeconomic climate has necessitated that the global tech giants take a more cautious, measured, and strategic approach with their investments going into 2023.
<By VARINDIA| 19 views
Indian Edtechs feeling the heat wave
The edtech companies are the worst-hit among all startups as funding dries up because of the recession, among other reasons, forcing them to lay off employees.
According to a survey, Indian startups have already laid off nearly 10,000 employees this year—about one-third of those are from the EdTech industry. In many cases, these are teachers and educators that have been working from home during the pandemic, when the prospects of startups were booming.
This sudden increase in competition led to a number of other changes in the digital market. Owing to the increased number of advertisements for similar products, the cost per conversion escalated multiple times.
This drastically increased the cost of investment in the Edtech business as the margin between investment and profit shrank to become thinner. This led to incurring losses in most of these companies.
Indian EdTech startups were able to raise $4.7 billion in 2021, up from $2.2 billion in 2020, making EdTech the third-most funded start-up category, after e-commerce at $10.7 billion and FinTech at $8 billion. Edtech companies broke all records in terms of fundraising in 2020 and 2021.
Right from pre-product to late-stage, startups across stages managed to mop up back-to-back rounds without any hassle. Byju’s, Unacademy, Vedantu, upGrad, Eruditus, Classplus, BrightChamps, Cuemath, LEAP, and Teachmint emerged at the top of the list of startups raising money during 2020 and 2021.
Consumers have reported that certain edtech platforms are indulging in predatory marketing practices and unethical conduct, which include auto-debiting course fees from parents despite parents stating their wish to discontinue the course. This led to the government issuing a warning against such practices of some edtech platforms while mulling a common policy to regulate the industry last year.
When considering edtech as a complement to traditional schooling, instead of a directBy VARINDIA| 20 views
Offline smartphones sales reached 2019 levels in 2022
The offline channel growth of smartphones reached 2019 sales levels in 2021. In 2022, it is projected to grow by 25-30% over 2021 by value in offline channels; thus, the year ahead looks optimistic complemented by festive season sales. All of this is possible due to, we Indians, coming to Normalcy 38% faster than the rest of the world Say experts.
The contribution of the +20K price band category has evolved from approximately 17% in 2017 to 40% in H1’22 in the offline market. This signifies that there is a 2.5X jump in the contribution of +20K handsets from 2017.
The 20k+ price segment shows growth across all tier cities- with Tier 4 cities witnessing maximum growth in the price segment in H12022 vis-à-vis H12019 at a staggering 240% growth followed by Tier 3 cities with 186% growth, Tier 2 at 162% growth, and 86% growth in Tier 1 cities. Tiers 5 and above cities witnessed over 120% growth. The contribution in the same time period was led by Tier 1 cities at 59%.
The GfK’s Consumer Life Study 2022 surveyed amongst the Indian urban consumers, especially the younger demographic, it was observed that 64% like to be seen with the latest tech products. While 46% of them used an electronic payment service like UPI, Paytm, or GPay.
Post-pandemic, the element of convenience is a big factor that influences purchase decisions - 62% of Indian consumers want tech which knows them and can make recommendations, thereby making their day-to-day life easier. These trends cumulatively can offer to be a tailwind opportunity for smartphone retailers in the Indian market.
The ASP of smartphones has increased up to 34% in 2021 vs 2017 while it increased 65% in 2022 Q2 vs 2017 Q1. This positive uptick is an opportunity for both manufacturers and retailers to garner profit in the coming quarters.
Today's Headline in NewsHours
0:00 Intro
2:50 #PayU terminates BillDesk’s $4.7 Billion acquisition deal
3:22 #Lenovo introducBy VARINDIA| 9 views
From Cell Phones to Siri – Can Be Traced Back to ISI
Establishing the internet’s inner workings with Request for Comments; creating the “phonebook” of the internet with the Domain Naming System; building out the system of “dots” to divide the internet into .com, .edu, .org, and more; developing the rules of the road with internet protocols – are just some of the dizzying array of internet developments made at ISI that are still used today.
Like Laptops - A portable computing device that connects to a network. The terminal developed at ISI was so innovative and handy, that it was used by the director of the Defense Advanced Research Projects Agency– the agency shepherding the burgeoning ARPAnet (forerunner of the internet).
In Smartphones - Tom Ellis, one of the founders of ISI, led a team in the development of the first packet radio terminal which would, in fact, be a precursor of the smartphone.
In Zoom, Skype, Webcasts and More - A notable participant was Robert “Bob” Parker who, soon after this ground breaking teleconference, came to ISI where he spent over 25 years. This technology, VoIP (Voice over Internet Protocol), is fundamental to webcasts, conference calls, Skype, Zoom and more.
In Online Videos - Packet video was first transmitted by a satellite on ISI’s roof in Marina del Rey, California. ISI researcher Stephen Casner went on to standardize the protocols for carrying audio and video on the internet – protocols that are still used today to provide us with online videos of, among other things, cats playing the piano.
In Alexa, Siri, Chatbots and More - In order to ask Alexa for the daily weather forecast, Alexa must be able to understand your words – this is natural language processing in action. A huge step in NLP research was taken in 1988, when ISI artificial intelligence researcher William Mann invented Rhetorical Structure Theory, the theory that explains what makes written texts coherent. His work became the basis for a large body of NLP research, which evBy VARINDIA| 25 views
Recession Vs attrition
Many feel that the high number of attritions was partly due to the seasonality impact when junior employees opt for higher studies as well as supply-side constraints. Yet, there are global companies with an attrition of less than 4% for many years.
A report says, Attrition levels which are at an all-time high have unnerved domestic IT services companies as they struggle to retain talent. The attrition rate at Infosys has grown 12% to 27.7% in Q4 of FY22 from a year earlier while at TCS, the attrition rate rose 10% to 17.4% during the same period. In other words, nearly 80,000 employees quit Infosys between January and March this year whereas around 1 lakh resigned from TCS, during the same quarter.
Indian IT companies have spent up to 62% of their revenues towards salaries and wages of their employees, with the total salary bill for FY22 coming in at ₹3 lakh crore. All the three giants, TCS, Infosys and Wipro reported a sequential decline in profits, blaming wage hikes and increased travel costs, among other things.
The management added that attrition will see some moderation only in the second half of this financial year. Probably, that is the immediate short-term view on attrition but from a medium-to-long term, it is expected that both the supply side as well as the demand side is easing up. This is in terms of talent coming from outside of the immediate industry system and that should play into moderation.
There is a growing concern among the Indian IT companies on how to bring attrition rates back under control, but it is critical for them to improve this especially at a time when recessionary concerns have started having an impact on their top as well as bottom lines. Experts say the salary hikes for job switches to normalise as companies see slowdown in attrition.
The fact is the global slowdown is forcing companies to balance hiring against rising expenses. Companies are now focusing on controlling high wage billsBy VARINDIA| 14 views
Indian IT Companies contribution
A recent study by Nasscom shows that the Indian IT companies made a massive contribution to the US economy last year through employment, investment, strategic partnerships, and business deals.
The Indian IT companies, alongside its customers, have generated $396 billion in US sales, supporting a total of 1.6 million jobs and contributing over $198 billion to the US economy. It also spent about $1.1 billion to grow STEM learning in the US and developed partnerships with nearly 180 institutions in the US.
Nearly 40-78% of the revenues of Indian IT companies come from the US. Of which, TCS, Infosys, Wipro, HCL Technologies and Tech Mahindra have more than 50% exposure. Indian IT accounts for about 55% of the global IT services industry market share.
A report released by HDFC Securities in June 2022 reveals that India-headquartered IT services firms like TCS, Tech Mahindra and HCL have doubled their revenue market share from 13.9% in 2011 to 28% in 2021. Interestingly, market share of firms with foreign headquarters like Accenture, Capgemini and Cognizant have dropped from 86% to 72% in the same time.
In 2022, the Indian IT industry crossed the $200 billion mark in revenues to touch $227 billion, an impressive record according to Nasscom. Indian companies also invested $1.1. billion while partnering with more than 180 colleges and universities building a more robust pipeline for STEM courses.
The report states that the demand for STEM jobs in the US is expected to grow 1.5 times faster as compared to non-STEM occupations over the next decade. More than 70% of this demand would be supported by the IT
As the US recession gains momentum, analysts from Goldman Sachs predict that IT spending would be negatively impacted in the US as well as Europe. This is consequently expected to also impact IT companies.
While the Indian IT sector on a whole is putting up a more optimistic front and allaying fears based on highBy VARINDIA| 17 views
India's software industry to touch $30 bn revenue by 2025: Nasscom
India's software products sales are likely to hit $30 billion mark by 2025, as domestic companies expand their footprints globally and many new players are getting into the products space, as per the report from Nasscom and UnearthInsight. Software products could include customer relation management (CRM), enterprise resource planning tools or human capital management, etc. Furthermore, licensed software products created by domestic companies such as Ramco Systems and Infosys for payroll management and core banking fall under this definition. The report says, the software products market is estimated to clock $13.3 billion in annual revenue for the FY22 ended March 31, after logging a CAGR of over 10 per cent in the previous three financial years. India is the leading sourcing destination across the world, accounting for approximately 55% market share of the US$ 200-250 billion global services sourcing business in 2019-20.
The IT industry accounted for 8% of India’s GDP in 2020. Indian IT's core competencies and strengths have attracted significant investment from major countries. The computer software and hardware sector in India attracted cumulative foreign direct investment (FDI) inflows worth US$ 74.12 billion between April 2000 and June 2021. The sector ranked 2nd in FDI inflows as per the data released by Department for Promotion of Industry and Internal Trade (DPIIT). Japanese investments in the Indian IT sector grew 4X between 2016 and 2020. Investments stood at US$ 9.2 billion in the review period. Leading Indian IT firms like Infosys, Wipro, TCS and Tech Mahindra are diversifying their offerings and showcasing leading ideas in blockchain and artificial intelligence to clients using innovation hubs and research and development centres to create differentiated offerings. According to STPI (Software Technology Park of India), software exports by the IT companies connected to it stood at Rs. 1.20 lakh crore (US$ 16.29 billion) in the firstBy VARINDIA| 19 views
2022 to witness newer trends in the data center operations
Today, data centers experience dramatically varying demands for computing power. The answer to that challenge is ultra-scalable technology that allows them to scale up or down depending on the amount of processing power required. With Dubbed hyper-scale data centers, these facilities offer outstanding capabilities to handle seasonal computing demands. Organizations started adopting the work-from-home culture putting more pressure on the already stressed data center market. With this the demand for the Edge data centers or edge interconnection will be more prevalent as edge locations are experiencing high consumption and creation of data at an increasing rate leading to decentralized computing. As 5G is coming into the picture, enterprises can leverage their IT environments that are close to the 5G access points. 5G will become wireless and it will be a major part of business’ infrastructural development. 5G will provide wider coverage, greater reliability, higher bandwidth, and improved security as an access network. This will open up new opportunities and possibilities for robotics, drones, autonomous vehicles, telemedicine, and tactile internet, among others. Traditional DC installation necessitates several expenditures ranging from networking to server gear. These components need to be replaced or updated with time as with technological advancements old components become obsolete.
Today's Headline in NewsHours
0:00 Intro
3:18 #LokSabhapassesBill to link #voterID, #Aadhaarcards
3:58 #RocketCompanies to acquire #Truebill for $1.275 billion
4:34 #WorldEconomicForum drops Davos Summit due to #Omicron
5:08 #Wipro to acquire Edgile for $230 million
5:39 #Vedanta becomes India’s Only Nickel and Cobalt Producer by acquiring #Nicomet
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https://www.linkedin.com/compaBy VARINDIA| 23 views
Gartner's top strategic predictions for 2022 and beyond
#Jio #Gartner #Dunzo
Gartner’s top predictions explore three aspects of the lessons that business and IT leaders have learned during ongoing disruption and uncertainty – the push toward human centricity, the race to resilience and the ability to reach beyond expectations. The lesson of the pandemic has been to expect the unexpected and be prepared to move in multiple strategic directions at once. “Leaders that embrace options for workers, enhanced enterprise efficiency and accelerated transformation plans have greater resilience in dealing with change. Resilience, opportunity and risk have always been components of good business strategy, but today these issues hold new meaning. This year’s predictions embody how resilience must be built in more non-traditional ways, from talent to business modularity, while opportunity and risk must be viewed with a greater sense of urgency than ever before.”
By 2024, 40% of consumers will trick behavior tracking metrics to intentionally devalue the personal data collected about them, making it difficult to monetize and by 2024, 30% of corporate teams will be without a boss due to the self-directed and hybrid nature of work. By 2025, synthetic data will reduce personal customer data collection, avoiding 70% of privacy violation sanctions. By 2024, a cyberattack will so damage critical infrastructure that a member of the G20 will reciprocate with a declared physical attack. By 2024, 80% of CIOs surveyed will list modular business redesign, through composability, as the top 5 reasons for accelerated business performance. By 2025, 75% of companies will “break up” with poor-fit customers as the cost of retaining them eclipses good-fit customer acquisition costs. Through 2026, a 30% increase in developer talent across Africa will help transform it into a world-leading startup ecosystem, rivaling Asia in venture fund growth. By 2026, non-fungible token (NFT) gamification will propel an enterprise into the top 10 highesBy VARINDIA| 16 views
Edge computing is making inroads into organizations’ IT infrastructure
#RBI #VMware #Mutualfunds
Data center is critical to an organization’s performance and success, this decision needs to be taken with due diligence. Cloud computing has played an integral role in building modern network architecture. With the advancement of emerging technologies such as the Internet of Things (IoT), the amount of data collected at the source is growing exponentially. This has significantly raised the demand for computation of this data at the edge. It is an absolute fact that, Edge Data Centers are bringing significant benefits by reducing latency. With these innovations, there is a parallel evolution in the data center environment. From on-premise data center to cloud to the new entrant edge; data centers are growing more sophisticated with each passing day to keep up with the dynamic business world.
The four types of data centres we see are On-premise Data Centers, Colocation Data Centers, Hyperscale Data Centers and Edge Data Centers. On-premise data centers reduce latency as they are stored within the company location, thereby ensuring higher level of data security. However, they are not cost-efficient solutions as they involve higher cost for maintenance, security, and regular repairs. Whereas, Colocation Data Centers bring cost-effective methods of housing data centers as the companies need not worry about its maintenance, security, and repair. However, Hyperscale data centers are large and can house thousands or millions of data center servers. These data centers are meant to be scaled, which can be done by increasing the power of the system or adding more data center racks and equipment. Companies with large amounts of data can benefit from the scalability of hyperscale data centers. As technology is getting advanced, many are preferring to go for Edge data centers which are smaller facilities located close to the edge of the end-user network.
Today's Headline in NewsHours
0:00 IntrBy VARINDIA| 36 views
Millions of employees are ready to switch their Jobs
#Jobs #Work10M #Malware
The attrition rate poses a challenge to the industry due to “exploding” demand for digital talent caused by a surge in digitisation in the wake of the pandemic. Recent news on India’s leading IT services company Infosys has the plans to meet its demand by expanding its hiring program of college graduates for FY22. The report states, 37,000 Infosys Employees Resigned in the last 12 months! 35,000 freshers will be hired by Infosys now. Voluntary attrition rate in the June quarter was 13.9%, a rise from the 10.9% observed in the March quarter. If we go by the figures, this means that over 37,000 employees have left Infosys in the last year. In response to increase in attrition rates, the firm has rolled out employee engagement initiatives such as career acceleration opportunities, compensation reviews, and learning & development interventions.
At the same time, Wipro also commented on the attrition rate in the industry, while attrition is a perennial concern, this time around the industry is witnessing “an unprecedented war for talent.” Talent retention is even more critical now since the cost to replace employees with certain competencies and experience between 5-10 years can go as high as 100%. Wipro has also announced its plans to hire 30,000 freshers in FY22. At the same time, TCS will recruit over 40,000 freshers directly from campuses. Its workforce comprises 5 lakh employees and had hired 40,000 freshers last year as well. The country’s largest IT service provider reported an attrition rate of 8.6% in Q1 of FY2022. The Microsoft 2021 Work Trend Index showed 41% of the global workforce are considering resigning this year - a near doubling of job-switching intent on the two years before the pandemic. Now it’s seen that companies are willing to pay a bit more.
Today's Headline in NewsHours
0:00 Intro
2:21 #Work10M aims to generate 10 million jobs by 2030
2:57 Nearly 13 Million #MalBy VARINDIA| 17 views
Digital Economy of India to touch $800 billion by 2030
#DigitalEconomy #WhatsApp #SupremeCourt
Digital Economy to touch $800 billion
India’s consumer digital economy which was pegged at $85-90 billion in CY 20, is expected to become a $800 billion market by 2030. The digital economy includes 60% of travel, 40% of non-grocery retail, 30% of education, 25% of food and beverages services and 6% of Pharma/Grocery going through digital channels by CY30, as per the data of RedSeer. With this growth we could forecast the next wave of entrepreneurs will create innovations which will make the Indian model successful globally. During these difficult times, most of the enterprises faced the challenge that their current levels of cybersecurity are not enough to protect their endpoints and servers.
The year 2020 has started with COVID-19 and a pell-mell shift to remote work, and finished with the gut-punch of a major breach that put hundreds of organizations into frantic access-and-remediate mode. The consequences of the pandemic’s rapid shift to work-from-home — and the exponential adoption to cloud technology that it helped drive — include lesser visibility into the security ecosystem, lesser control of access points, and a larger, more varied attack surface for adversaries to target. Over the course of the pandemic, there has been an escalating number of cyberattacks designed to exploit vulnerable remote workers and people who are desperate for information about the virus and vaccine. About 52% of Indian organizations fell victim to a successful cybersecurity attack in the last 12 months. Of these successful breaches, 71% of organizations admitted it was a serious or very serious attack, and 65 per cent said it took longer than a week to remediate.
Today's Headline in NewsHours
0:00 Intro
2:05 #WhatsApp #messages have no evidential value says, #SupremeCourt
2:55 We want to be the best partner for our partners, says #SatyaNadella at #Inspire2021
3:49By VARINDIA| 16 views
Cyber spying in Edtech sector raises eyebrows
#Cyberspying #edtechsector #dataprotection
Edtech influencing cyber spying
Data protection is highly necessary since we have seen many instances of common data breaches like hacking of account details like email, name, password and other personal details of the users. “Stolen passwords are one of the simplest and most common causes of data breaches. Technical vulnerability is another way that crooks can exploit in countless ways. Edtech companies are running after the Educational Institutions to introduce their courses in the country and are going to disrupt the present strong education system with the digital education taking the advantage of pandemic. Secondly, EDTECH companies have tied- up with the schools and have taken most of the students' databases including their parents and approaching them separately with their marketing offers. The present Lockdown brings opportunity for the Edtech sector to target the schools and colleges through their offering by tying up with various digital platforms.
As A Result, Schools and universities become soft targets for cybercriminals everywhere. Generally, educational institutes do not spend a lot of money or effort on the cybersecurity of their digital databases and networks. As a result, even a semi-accomplished hacker can remotely access a school or college’s surveillance systems to spy on the students, professors, or staff members. Educational institutes stand to lose a lot if their confidential data is leaked or their students’ private details stolen. There are a few measures that educational institutes can implement to protect their stakeholders from data breaches and remote privacy invasion. Cybersecurity is a necessity in all sectors today. If users wish to improve the cyber-protection levels of their institute or local universities, they can install the next-generation firewalls and IAM systems. Finally, with technology evolving so quickly, businesses need to bBy VARINDIA| 10 views
No-code: big benefits with limited capabilities
#digitalplatforms #appsheet
Almost every company is now digital in some way, with companies heavily relying on digital platforms and resources to communicate with their employees and customers. But most businesses weren’t born digital - including the traditional industries who often struggle to bridge the gap between business & IT teams. A no-code platform such as AppSheet can help many organizations easily build and maintain apps to develop, communicate, & save money. No-code software solves the problem of a creator needing to be, or afford, a programmer to produce a technical product. No-code frameworks are software design systems that allow even non-technical people to execute software without composing a line of code. These tools usually have a user-friendly interface and drag-and-drop capabilities, allowing you to envision the implementation process and describe the overall business logic with ease.
It is the framework of a programming platform that uses a visual development interface to enable non-technical users to build applications by dragging and dropping software components to create a full app. Users don’t need any previous coding experience to build applications using no-code. Low-code and no-code frameworks do this by generating ready-to-use code blocks—a series of codes for a given function—that can be dragged and dropped into place to run under pre-set limits. Reduce the cost of development by up to 80%: It’s no surprise that conventional and DevOps approaches for developing custom software are expensive. Up the stack, you’ll need to recruit precious technical skills.
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Wipro ups IT services revenue guidance to 8-10 per cent in June 2021 quarterBy The Economic Times| 16373 views
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Wipro Ltd today reported a near 1 per cent quarter-on-quarter fall in its consolidated net profit to Rs 2,974.3 crore for the quarter ended March, which was higher than analysts’ estimate of Rs 2,831.2 crore. The company reported a near 4 per cent quarter-on-quarter growth in consolidated revenues to Rs 16,245.4 crore for the quarter, which was also higher than analysts’ estimate of Rs 15,956.4 crore.
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