Top 5 stories of the week: Deloitte’s cybersecurity predictions, the true cost of a breach, AI’s new diet

Top 5 stories of the week: Deloitte’s cybersecurity predictions, the true cost of a breach, AI’s new diet

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A new report launched this week from Perception Point and Osterman Research discovered that corporations pay a median of $1,197 per worker every year to handle cybersecurity incidents — which might add up shortly the bigger a company is. Against that backdrop, looking forward to 2023, Deloitte predicts a rise in cybersecurity readiness for each staff and board members. It additionally predicts that securing rising applied sciences, elevated visibility of related units, and data-focused safety practices will likely be priorities for groups in 2023 — nevertheless, Deloitte leaders additionally famous that the expertise scarcity is prone to persist, as are points with safety provide chains.

Mulesoft, a firm owned by Salesforce, additionally made predictions this week about what lies forward for the enterprise in 2023. It famous that just about three years after the pandemic, corporations are nonetheless transferring ahead with a deal with accelerated digital transformation that’s giving solution to issues like automation, composable agility, low-code and no-code instruments, information automation and layered cyber defenses to continue to grow.

Tech giants comparable to Google, IBM, Microsoft and Intel additionally made headlines this week for the progress they’re making in quantum computing. The corporations are pushing forward and creating cloud providers and different instruments to check the use of quantum algorithms. Sandeep Pattathil, senior analyst at IT consulting agency Everest Group, instructed VentureBeat that a main problem nonetheless forward will likely be quantum computing’s algorithmic advances — not pace.

Related to development challenges, consultants say that since about 90% of AI and machine studying deployments do not get off the floor, the {industry} that feeds it AI wants to alter. Real-world information might be cumbersome and costly to accumulate, label, and replicate—and consuming a regular diet of artificial information can complement that. Kevin McNamara, CEO and founder of artificial information platform supplier Parallel Domain, instructed VentureBeat that with out artificial information, AI may get caught in a “Stone Age” of kinds.



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Here are extra of our high 5 tech stories of the week:

  1. Deloitte reveals 10 strategic cybersecurity predictions for 2023
    Over the previous few months, organizations together with Uber, Cisco, Twilio and Rockstar Games have all fallen sufferer to information breaches as a outcome of cyber assaults. Recently, some of Deloitte’s main analysts spoke with VentureBeat to share their high strategic cybersecurity predictions for 2023.

    The analysts revealed a sequence of predictions, together with the significance that cybersecurity and future readiness and organizational resilience will play in serving to enterprises higher management their publicity to risk actors in the future.

  1. Why AI wants a regular diet of artificial information
    Artificial intelligence (AI) could also be consuming the world as we all know it, however consultants say AI itself can be hungry — and wishes to alter its diet. One firm says artificial information is the reply.

    “Data is food for AI, but AI today is malnourished and malnourished,” mentioned Kevin McNamara, CEO and founder of artificial information platform supplier Parallel Domain, which simply raised $30 million in a Series B spherical led by March Capital. “That’s why things grow slowly. But if we can feed that AI better, models will grow faster and in a healthier way. Synthetic data is like fodder for training AI.”

  1. Quantum Advances: How IBM, Microsoft, Google, and Intel Compare
    Established enterprise leaders such as IBM, Microsoft and Google continue to make progress in quantum computing. As a result, quantum computers become larger and achieve advantages over traditional technology in limited circumstances.

    These providers also develop cloud services that enable enterprises to test the waters of quantum algorithms using development tools and simulators that run on classical hardware.

  1. Top 7 Digital Transformation Trends to Drive Efficient Growth in 2023
    A few years ago, the pandemic caused an urgent acceleration in digital transformation initiatives. This has driven companies (of all sizes) to invest in advanced technologies to survive in the new normal.

    As this trend continues, Salesforce-owned Mulesoft has identified seven digital transformation aspects that will be key to overcoming industry pressures and driving efficient and sustainable growth in 2023.

  1. Cybersecurity incidents cost organizations $1,197 per employee, per year
    According to a new report released by threat prevention provider Perception Point and Osterman Research, organizations pay $1,197 per employee annually to address cyber incidents across email services, cloud collaboration applications or services, and web browsers.

    This means that the average company with 500 employees spends $600,000 annually to address cybersecurity incidents, not including additional costs such as business losses, compliance penalties, or mitigation costs.

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