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Retailers can tap into generative AI to enhance support for customers and employees

IBM Big Data Hub

As the retail industry witnesses a shift towards a more digital, on-demand consumer base, AI is becoming the secret weapon for retailers to better understand and cater to this evolving consumer behavior. Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations.

Retail 95
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Retail has a multi-cloud problem…with sensitive data

Thales Cloud Protection & Licensing

Digital transformation (DX) is fundamentally impacting all aspects of the economy across every industry, and nowhere is this truer than in retail. Analysis of this year’s results showed that the percentage of retailers increasing IT security spending declined. Top analyst recommendations from the report.

Retail 54
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New Agent Raccoon malware targets the Middle East, Africa and the US

Security Affairs

The malware was used in attacks against multiple industries, including education, real estate, retail, non-profit organizations, telecom companies, and governments. The analysis of the C2 infrastructure revealed that it dates back to 2020. The authors of the malware made small modifications to the source code to evade detection.

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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

If the FCA’s analysis finds Big Tech data is valuable in financial services, it will look to incentivise more data sharing between Big Tech and financial firms through its Open Banking and broader Open Finance work. The FCA also sets out its next steps. Four ‘next steps’ are set out in FS24/1 to address the key issues identified by the FCA.

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Croatia government agencies targeted with news SilentTrinity malware

Security Affairs

Croatia government agencies have been targeted by unknown hackers with a new piece of malware tracked as SilentTrinity. A mysterious group of hackers carried out a series of cyber attacks against Croatian government agencies, infecting employees with a new piece of malware tracked as SilentTrinity. ” reads one of the alerts.

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Digital Transformation Examples: Three Industries Dominating Digital Transformation

erwin

The following three examples highlight the extent to which digital transformation is reshaping the nature of business and government and how we – as a society – interact with the world. Digital Transformation in Retail. The inherently competitive nature of retail has made the sector a leader in adopting data-driven strategy.

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The benefits of a flexible operating model in data governance

Collibra

Data governance is the essential foundation for organizations looking to create business value from data. It creates the structure that enables collaboration on and analysis of trusted data. Setting up effective data governance, however, can be quite challenging. What is an operating model in data governance?