What Is Paravirtualization?
BizTech Magazine
by Phil Goldstein
2d ago
Organizations of all sizes have been trying to decide on the right approach to virtualization. However, as containerization of software has become more popular, paravirtualization has emerged as an alternative to full virtualization.  Containers encapsulate “an application as a single executable package of software that bundles application code together with all of the related configuration files, libraries and dependencies required for it to run,” according to IBM. One of the benefits of paravirtualization is that it allows organizations to use containers and only consume the computing ..read more
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Why It May Be a Mistake to Stretch Out IT Modernization Lifecycles
BizTech Magazine
by Matt McLaughlin
2d ago
Economic challenges in recent years have led many companies to stretch out their IT refresh cycles. Where many businesses previously would replace aging infrastructure every three to five years, some are now trying to extend those periods to save money. However, IT experts note that putting off modernization also comes with costs. By holding on to aging IT infrastructure, organizations may limit their ability to move forward and take advantage of modern technologies that could provide new capabilities while enhancing productivity and efficiency in current processes. “Hardware — especially in ..read more
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HPC Processing Boosts AI Innovations Across Industries
BizTech Magazine
by J.P. Pressley
1w ago
High-performance computing has become a must-have for artificial intelligence-driven initiatives, and Intel is leading the charge. With the semiconductor industry underpinning advancements in the digital age, Intel CEO Pat Gelsinger predicts one-third of semiconductors will influence AI innovations — which is why the company says its “moonshot goal is to have 50 percent of the world’s semiconductor manufacturing in the U.S. and the E.U. by 2030.” Here are several reasons why HPC processing technology is driving AI innovation in business operations across the retail, finance and automotive ..read more
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A Short Guide to Financial Compliance
BizTech Magazine
by J.P. Pressley
1w ago
Financial services firms have more regulations and compliance concerns to navigate than companies in any other industry. This is because any financial action carries inherent risk, and investors need protection against mismanagement, fraud and cyberattacks. The Securities and Exchange Commission regulates the markets to ensure overall stability, but banks also need to comply with a host of overlapping laws and regulations, such as the Sarbanes-Oxley Act (SOX), Gramm-Leach-Bliley Act (GLBA) and the Payment Card Industry Data Security Standard (PCI DSS). If banks are doing business in the state ..read more
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SOC 1 vs. SOC 2 Reports: What Is the Difference?
BizTech Magazine
by Phil Goldstein
2w ago
For businesses, there has long been a cost associated with regulatory compliance, but compliance can also give organizations opportunities to develop trust with customers.  A 2023 study from Drata, a security and compliance automation platform that continuously monitors security controls, found that 87 percent of respondents faced “consequences as a result of not having continuous compliance, including slowed sales cycles, security breaches, business interruption, loss of a business relationship, a damaged reputation, or fines.” Further, 68 percent of respondents reported that compliance ..read more
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Why Cyber Resilience Is Crucial for Business Continuity
BizTech Magazine
by J.P. Pressley
2w ago
“Cyberthreats today are more complex — and damaging — than ever,” writes Gary McIntyre, managing director of cyber defense at CDW. That’s why establishing a cyber resilience strategy in advance of attacks can lessen the impact of any breach. The more prepared an organization is “during and after an incident,” McIntyre explains, the more likely that it can avoid downtime that threatens the bottom line. Understanding the connection between cyber resilience and business continuity helps IT leaders enact smarter security plans. Not convinced? Here are three ways cyber resilience supports business ..read more
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4 Ways E&U Companies Can Defend Their Critical Infrastructure
BizTech Magazine
by Joe Kuehne
2w ago
In recent years, there have been several highly publicized attacks on energy companies and other utilities. Attacks on these entities are particularly alarming in light of their designation by the federal government as critical infrastructure, as they “are considered so vital to the United States that their incapacitation or destruction would have a debilitating effect on security, national economic security, national public health or safety, or any combination thereof,” according to the Cybersecurity and Infrastructure Security Agency (CISA). According to a March press release from the ..read more
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What Should Small Businesses Know About Microsoft’s Copilot Pro?
BizTech Magazine
by George Murdock
2w ago
There are moments when businesses must decide whether a new tech offering represents the future or is just a passing fad. If they choose correctly, they can give themselves a competitive advantage. If not, their rivals may gain the upper hand. The introduction of the cloud was one such moment. The dawning of the generative artificial intelligence era is another. To their credit, the business leaders I speak to recognize that generative AI is no passing trend. On the contrary, they’re trying to figure out how to securely leverage it to benefit their own organizations. But that’s not easy ..read more
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IoT Devices Help Utilities Reach Their Sustainability Goals
BizTech Magazine
by J.P. Pressley
3w ago
Energy and utilities companies are going all in on environmental, social and governance goals as they work to reduce their environmental footprint and prioritize sustainability. In fact, 91 percent of utilities say they have increased their ESG-related spending over the past three years, with more than half doing so by at least 25 percent, according to a PwC report. “This level of commitment is expected to continue ramping up through 2024,” PwC predicts. The takeaway? Greenwashing is no longer acceptable. So, with all this new investment, IT leaders must allocate resources toward energy ..read more
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What Is Privileged Access Management in Financial Services?
BizTech Magazine
by Brian T. Horowitz
3w ago
Privileged access management is an essential tool for controlling network access to valuable resources, particularly in the financial services industry. “Financial services is obviously a pretty juicy target for hackers because of not only the monetary assets themselves but also the amount of sensitive user information and data,” says Geoff Cairns, principal analyst at Forrester. The use of stolen credentials is among the dominant causes of system intrusions, according to Verizon’s 2024 Data Breach Investigations Report. The report finds that 22 percent of data breaches in the finance and ..read more
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