Business Technology Roundtable

Is your leadership team ready to move beyond the consideration phase and harness the transformative power of Generative AI (GenAI), or are you trapped in analysis paralysis? Deloitte's latest quarterly report on "The State of Generative AI in the Enterprise" provides a comprehensive look at how organizations are navigating the GenAI adoption call to action.  The Q3 2024 survey of 2,770 leaders across 14 countries offers valuable insights into the current state of GenAI implementation, challenges, and future outlook. It's insightful reading. Building on Initial GenAI Success Organizations are seeing early value from their strategic GenAI initiatives, with 67 percent increasing investments due to strong business outcome results. While improved efficiency, productivity, and cost reduction remain top priorities (cited by 42 percent as the most important benefit), a majority (58 percent) report diverse benefits such as increased innovation, improved products, and enhanced...

Reports of network attacks and stolen data are commonplace. Consumers routinely undergo the stress of fraudulent charges or compromised credit cards. Computer hacker terms like "botnet" are becoming a part of our everyday vocabulary. As a result, enterprise security and risk professionals find themselves on a never-ending quest to maintain the integrity of their communication networks, according to the latest study by Forrester Research. Fortunately, managed service providers offer solutions to help relieve the burden. In its latest initiative to help businesses protect their vital assets from cyber threats and other online attacks, Verizon Business is now offering its next-generation managed security services (MSS) platform, complete with new options. This enhanced platform is designed to safeguard corporate networks by proactively identifying vulnerabilities and prioritizing threats across the extended enterprise -- resulting in better visibility, enhanced security and re...

Online competition and access to price information has been squeezing already thin retailer profit margins for some time now. Combined with the added pressures of the economic crisis, many retailers are being pushed to the edge. Sadly, familiar names, such as Circuit City, have already been pushed over the edge. To survive this crisis forward-looking retailers need to focus on: Efficiency -- making every part of the business as lean and efficient as possible, especially in the supply chain. Cost Removal -- driving out costs everywhere, especially in labor, their second biggest cost after the goods that they sell. Customer Experience -- seeking ways to differentiate an increasingly homogeneous shopping experience. Salvation in Managed Services Retailers have traditionally been very closed to the idea of managed services provided by third parties. Razor thin margins have made them very risk adverse. There is a general skepticism of service providers, large IT firms, and their unde...

My conversation with Jonathan Nguyen-Duy, Director of Product Management for Verizon, ended up being very thought-provoking. We were supposed to talk about a new security offering, a backbone-based solution aimed at stopping Internet-based attacks even before they hit a company's network. (I'd spoken previously to Nguyen-Duy about Verizon's risk-correlation service .) Nguyen-Duy is a fount of knowledge about the changing landscape of international cybercriminals. Verizon is expanding its denial-of-service (DOS) detection and mitigation capabilities into eight network management centers serving 24 countries with new levels of scalability -- in part because of an increase in international cybercrime, according to Nguyen-Duy. "Our customers are telling us that the frequency and complexity of DOS attacks has grown. We're now seeing cyberattacks based on social and political activism. We're also seeing less sophisticated hackers getting access to attack methodologie...

A new report from Forrester Research on the state of IT security at small to midsize businesses (SMB) in North America and Europe predicts ongoing growth in the managed security space. In a result similar to that of enterprise respondents, SMB executives reported that the two top drivers for using managed security services is the demand for a specialized skill set that security requires (cited by 31% of the respondents) and the need to reduce costs (cited by 24%). Other reasons cited for adopting managed security services include: The need to reduce complexity (19%) The need for 24/7 security coverage (19%) The rest of the IT environment is outsourced (5%) Managed Services Tops for Filtering and Monitoring The report also revealed that the top two services SMBs ask from their managed security provider are e-mail or Web content filtering (36%) and network firewall monitoring (33%). Forrester believes that the biggest uptick in the next year, however, will come from increased use of vu...

In the online network connected business environment, security is more critical -- and also more complex. Today, network security requires constant monitoring and management. All businesses now experience vulnerability on an infrastructure that often extends to many locations. Managed service providers can create a comprehensive security offering that enables you to maintain the level of protection and control you require. They can manage some or all of your network security functions -- giving you access to their dedicated manpower, 24-hour safeguarding, as well as routine maintenance and management of disaster recovery. Finding the right security solution for your organization begins with establishing your priorities and becoming informed about alternatives. The following describes typical managed security service offerings, and how you can apply them. Managed Firewall Firewalls protect internal and external networks by restricting the types of network protocols and traffic allowed ...

Because of the expanding growth and complexity of communication networking, and the risks presented by a new breed of skillful hackers, serious security threats are an unfortunate certainty within the highly interconnected office environment of today. These threats are very real and the results are costly to those businesses that have been affected. Apparently, the victims aren't entirely at random, which is often assumed to be the case. According to the 2007 CSI Computer Crime and Security Survey , almost one-fifth (18 percent) of those respondents who suffered one or more kinds of security incident further said they had suffered a "targeted attack" -- defined as a malware attack aimed exclusively at their organization or at organizations within a small subset of the general population. Beyond the Virus Threat Moreover, financial fraud overtook virus attacks as the source of the greatest financial losses. Virus losses, which had been the leading cause of loss for seven s...