Denial still takes its toll in IT security

Thales has just published the latest edition of its yearly Data Threat Report, elaborated with IDC, which is full of interesting data when it comes to data security. With the ongoing Digital Transformation, companies become increasingly conscious that they are dependent on the operation of their digital systems thus on the security of their data. According to the report, half of all data is now stored in cloud environments, and 48% of that data is sensitive. The increasing complexity of data environment is driven by a proliferation of multiple clouds and more open systems. Interestingly while almost half (49%) of all respondents have experienced a data breach at some point, they are still no

MWC cancellation: the end of medieval fairs?

The ongoing coronavirus (or Covid-19) epidemic crisis has huge consequences. First of all, we express all our sympathy to all victims and their families, wish a fast recovery to all those affected by the disease, and commend the health and service professionals working to contain the outbreak. The coronavirus affects the economy as it is at the same time jeopardizing the supply chain of many products and, as it brings a part of China to standstill, significantly reducing demand. We all already know that the Mobile World Congress (MWC), a 100,000 visitors event taking place each year in Barcelona, has been canceled for 2020 in spite of the 9,411 km distance between Wuhan and Barcelona. The or

Privacy, security, cost, speed and resilience

“Making forecasts is a difficult task, especially concerning the future,” used to say Pierre Dac, a French humorist from the past century. Every year, Deloitte comes up with its TMT (Technology, Media & Telecommunications) predictions, presented by Duncan Stewart, at the beginning of the year. The presentation generally starts with a look in the rear view mirror to demonstrate past previsions came up true. This year, Duncan Stewart chose to focus on Private 5G networks and Edge AI, considering they have a lot in common. Private 5G networks can be seen as local area networks that use 5G technology to build and create a network. They allow large corporations and other organizations to own thei

Instant Payments may not always be visible, but they are changing the way we pay

In our time when digital goods and services are delivered instantly, everything is online, and can be done in a snap, how can we accept to have our bank transfers processed in 24 hours, or even sometimes up to 72 hours? This is the reason why the industry is adding “instant payment” as a new option in the already rich set of payment options. Instant payment is characterized by a transfer of money from an account to another one within seconds, 24/7 availability, immediate availability of funds in the recipient’s account and unrepudiable transactions. Typically, instant payments can be accessible from any digital tool: mobile app, tablet, web, kiosk, etc. They can be used for peer-to-peer tran

Worldline acquires Ingenico to form a new payment leader

Ingenico, the historical leader of POS terminals is in the process of being acquired by Worldline, with the goal of creating a European champion of payments. According to the Worldline statement, they ambition to create “the European World-Class leader in digital payments” and the “fourth player in payment services worldwide,” after #1: First Data and Fiserv together, #2: FIS and WorldPay combined and #3: TSYS and Global payments. Companies say they are creating the #1 merchant acquirer in continental Europe, the #1 European payment processor, serving over 1 million merchants with an installed base of 25 million POS terminals. The companies have announced that Worldline would launch a tender

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