Information Technology Blog

We live in a digital first world and most things - from banking through retailing, from our healthcare systems through to business processes - are technology dependent. Such connectivity is a potential, but it also positions the potential to be a source of risk. That's where cybersecurity comes in. Cybersecurity is the process of securing networks, data, devices, and systems to prevent them from being accessed by unauthorized persons or attacked by them . With the emergence of cloud computing, remote working , and digital collaboration, cybersecurity has emerged as a top priority. Hackers are cleverer, threats are more complex, and both large and small enterprises ( or even smaller) are vulnerable. Cybersecurity is a new hot knowledge field , which should be understood at the individual and organizational levels.   Why is Cyber Security Important - From a business perspective? Cybersecurity is a field of study that is applied to avoid the theft, misappropriation, or...

Artificial intelligence (AI) is reshaping the way companies conduct business in the fast-paced digital age, yet it poses emerging and sophisticated risks. Organizations face an increasing number of challenges related to AI implementation, including data breaches, algorithmic bias, and regulatory compliance issues. This is where the AI risk management comes into play. Through early recognition, evaluation, and control of those threats that are AI-related, organizations will remain ahead of the damage, safeguard their image, and develop trust among the customers and other interested parties. This article will explore how AI risk management can not only protect companies' businesses but also transform risks into new avenues of innovation and growth.   What Is AI in Risk Management? In general conceptualisation , the AI in risk management is the use of an Artificial Intelligence that includes machine learning, predictive analytics, and automation in identifying, evaluating, monito...