As Mike Riegel pointed out in his recent blog, ‘Financial services is the prime example of an IT-intensive industry.’ Financial institutions rely on consistent technology and innovation to compete and to ensure compliance with regulatory requirements. Customers put a lot of trust in their financial services provider to secure their data and privacy.
On the other hand, cyber criminals put financial institutions in their sights in efforts that, when successful, can damage customer trust and an institution’s reputation. Financial institutions around the world are targets for malware, phishing, ransomware, and ATM skimming. The most serious losses come from targeted attacks. According to the Cisco 2015 Annual Security Report, malware is becoming increasingly sophisticated and cyber criminals are launching attacks through a variety of attack vectors, including tools that users trust or view as benign. Furthermore, targeted attacks are on the rise and the cyber criminals are unrelenting in the execution their mission.
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Tags: #SecurityEverywhere, Bill Fearnley Jr, Chris Christiansen, Christian Christiansen, Cisco, ciscochat, cybersecurity, digital, digital bank, Financial Services, IDC, security
Retail’s Big Show offers ideas and insights into the ever-changing industry of retail. This year’s NRF 2016 drew a large and influential group of the most innovative retail leaders. Throughout the show, these leaders held extensive one-on-one conversations and hosted general sessions by some of the industry’s starring professionals.
If you missed the show (or if you want to discuss it with your peers), please invite your accounts to join us at #CiscoChat on Twitter next Tuesday, February 2, at 10:00 am PST/1:00 pm EST to talk about the changes trends emerging out of NRF and during the next year.
Together, we’ll provide highlights and consider questions such as:
- What were the latest and most influential gadgets you saw at NRF16?
- Where should retailers focus in this fast-changing economy?
- How can retailers better compete with e-commerce retailers?
- What are the most important upcoming trends, and where should you put your money in 2016?
- And many more
I’m especially happy to be joined in this live discussion by Janet Schijns, Vice President at Cisco partner Verizon Enterprise Solutions (@channelsmart). Janet brings a unique perspective to digitization and innovation in retail. Whether you want to join in the chat or just listen to the discussion, it promises to be a lively and informative hour.
To participate in the Chat:
- Make sure you’re logged onto your Twitter account.
- Search for #CiscoChat, and click on the Live tab.
- The @CiscoRetail handle is the moderator and will welcome guests and post questions.
- Please submit your answers in the following format: ex. A1: Write Answer. #CiscoChat
Follow @CiscoRetail and me @techguyshaun – you don’t want to miss this. Be sure to bring your questions!
Tags: Cisco, ciscochat, e-commerce, economy, Janet Schijns, NRF16, retail, Shaun Kirby, technology, trends, Verizon
Manufacturers are challenged with how to start digitizing their factories. Many have told me it is not inertia or budget holding them back, but being overwhelmed or unsure of where to start. Yet the value that awaits them is great – connected factories can boost profits by up to 19 percent (according to our latest Manufacturing Thought Leadership Study).
To help manufacturers navigate the complexity, I hosted a #CiscoChat with Brandon Lackey, Manufacturing Vertical Business Development Manager at Cisco, and Lorenzo Veronesi, Analyst at IDC. We discussed the benefits of a connected factory, the roadblocks manufacturers face, and how to take the first step. Many industry thought leaders and luminaries joined us and it made for an animated discussion.
If you missed the chat, the full recap is here, and I will share with you a few of the highlights:
We kicked off the chat by asking: How are manufacturers making factories more connected and intelligent?
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Tags: Business Trends, ciscochat, connected factory, Digital Manufacturing, Factory, Internet of Everything, IoE, IoT, Manufacturing, Social Chat, social media
A new year- and time for new initiatives and a chance to fast start your competitiveness as a manufacturer. According to our recent Manufacturing Thought Leadership Study, digital manufacturers who have connected their factories and production facilities are driving up to 19% more profits (over 10 years) than their ‘unconnected’ counterparts.
What are some of the issues holding manufacturers back from undertaking networking and automation, wireless or security initiatives in their factories? Many have told me it is not inertia or budget, but sometimes being overwhelmed and unsure of where to start. In today’s typical factory , there are so many “things” to connect (including machines, robots, sensors and more) as well as processes to allow manufacturers to reap benefits and address challenges that more traditional models and operating practices were not able to do. The challenge is identifying and prioritizing what area to tackle first.
We all know that major gains in overall equipment effectiveness (OEE), reduced downtime, and manufacturing flexibility can be achieved with a factory that is digitized and connected. By providing visibility to machines and processes, Read More »
Tags: @CiscoEnterprise, Accelerator bundles, Business Trends, ciscochat, connected factory, Industrial Internet of Things, Internet of Everything, internet of things, IoE, Manufacturing, Social Chat, social media
The tech-fest that is the annual International Consumer Electronics Show (CES) is just under a month away, and we’re celebrating it with a live Tweet-chat from Las Vegas, to dig into the intersections between devices, and the cloud.
The numbers alone make it a big topic: An astonishing 80% of the world’s Internet traffic will be video by 2019, according to our latest Visual Networking Index, and the average household will have nearly five (4.3, technically) Internet Protocol/IP connections. (Bet you a dollar your house already has more than 4.3…)
That’s why the interplay between devices and cloud is Read More »
Tags: CES, ciscochat, cloud, Tweet Chat, video, virtualization