Technology is a disruptive force – enabling new business models, opening new sources of revenue and shaping entire industry landscapes.It is not surprising that discussions about digital transformation have dominated conversations amongst the C-suite, in the boardrooms, and even governments.
However, one of the biggest challenges in digital transformation is ensuring security, privacy, and compliance. The recent high-profile breaches have made it very clear that organizations face the risk of significant financial loss, damage to customer satisfaction and market reputation. Given this, a critical priority for IT leaders and business decision makers is to secure corporate data and manage risk while taking advantage of the opportunities presented by today’s mobile-first, cloud-first world.
A Frost & Sullivan study commissioned by Microsoft revealed that the potential economic loss across Asia Pacific due to cybersecurity breaches can hit a staggering US$1.745 trillion — more than 7% of the region’s total GDP of US$24.33 trillion.
Pirated software. Okay, it's not the real thing, but it is cheap. And, that's tempting, right?
Well, listen to Biplab Sikdar of the National University of Singapore (NUS). He has three words of expert advice: "Don't do it!" People, he explains, may think they are getting a bargain when in fact they are buying trouble, and possibly big trouble.