Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

It is no secret that the financial industry is a serious target for cyber criminals, driving the need for more stringent regulations to help protect these institutions and their employee and customer data. Recent research undertaken by Security Scorecard indicates that in 2023, 78% of European financial institutions experienced a data breach involving a third party. Also, 84% of financial organisations have been affected by a breach involving a fourth party.

As we enter a new era of cybersecurity threats, which has prompted the evolution of new vulnerabilities, organisations are challenged on how to best respond to these evolving attacks. The threat landscape is more complex than ever causing organisations to grapple with new tactics to safeguard their critical data.

The rate of adoption for cloud computing has grown steadily across many industries, driven by the need for flexibility, innovation and cost efficiency. One of the key verticals that has fully embraced cloud technology is the financial services sector. Cloud is particularly suited to this industry as it allows for more efficient storage, faster processing of large amounts of data, and consolidation of records which gives firms the ability to accurately analyse data.

It doesn’t matter if you’re running a boutique hotel or a high-traffic resort, the hottest new restaurant in town, or a local staple. If you work in hospitality, there’s simply no room for downtime. These days, slow or unstable connectivity can derail everything from online reservations and digital menus to loyalty apps and staff coordination. Network downtime, no longer a minor inconvenience, can disrupt service, delay revenue, and damage trust.

The famous Hall of Fame and Olympic basketball coach John Wooden once said, “Winning takes talent, to repeat takes character.” With that in mind, we are thrilled that 11:11 Systems is part of those in the “repeat” category. We have just been awarded the Zerto Global Partner of the Year for 2024, the fifth prestigious recognition from Zerto, a Hewlett Packard Enterprise Company.

The dictionary (at least the online version) defines the word trend as a general direction in which something is developing or changing. It also does have a secondary definition relating to fashion, but unless we want to cover off on some questionable choices I made when younger, we can skip that one. When does something move beyond being a trend, and create a lasting shift in behavior–or for the purposes of our discussion, technology?

When I was a young boy besides wanting to be a pro football player and an astronaut, I also wanted to be a firefighter. There was something about trucks, sirens, and danger that made firefighters heroes.