Stringent compliance rules and potential security breaches might make cloud seem too risky for financial services. Don't overlook the benefits cloud providers can offer your firm.
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A Fujitsu research report has highlighted that while Australian industries are using IT to achieve improved emissions management, they've stalled in the last two years and have therefore missed out on financial benefits.
Its kiteworks file-sharing platform extends existing content management systems to smartphones and tablets, while addressing compliance concerns.
Mega IT outsourcing deals spanning multiple years are no longer a fad due to business concerns over vendor lockin and lack of transparency, but multi-sourcing models are also challenging to manage and require additional resources that companies may not have.
Increased regulation and the emergence of specialised risk managers are among factors driving the governance, risk and compliance market, company says.
Companies should remember to align potential benefits with business objectives, and be prepared to ask vendors critical questions about the architecture and management of the service being considered.
The 2014 Verizon PCI Compliance Report shows that businesses are starting to realise the benefits of complying with the Payment Card Industry Security standards.
A New York-based money management firm and its president got into some hot water with the SEC this week after allegedly making false claims on Twitter.
America's largest bank will spend US$4 billion and hire 5,000 employees to resolve compliance and risk issues, following several probes by U.S. regulators.
The communications solutions giant saw benefits from the streamlining of operations and cost management, and a one-off boost from the sale of an asset.
Specialized GPS devices coupled with cloud-hosted analytics from Fleetmatics help United Worldwide take the guesswork out of gas consumption and driver locations.
Smart Service Queensland has been recording credit card numbers and storing them unencrypted, in violation of the minimum security standards set out by the payment card industry.
CIOs, other IT leaders, and management are beginning to wake up to the potential of machine-to-machine communications to deliver real business benefits.
Financial penalties are not yet an effective solution for companies in the region, due to the nascent regulatory compliance landscape, instead other forms of regulation should be considered.
BYOD is here to stay, as mobile devices have become both more productive and more personal. The key to making BYOD work is to build the program to serve both sides of the employees' needs without compromise.
All-in-one IT environments offer benefits in terms of simplified management, but companies must map their own requirements and decide whether this model makes more sense than best-of-breed systems.
Canonical has enhanced the systems management tool for Ubuntu desktop, servers and cloud instances. Landscape is available as part of Ubuntu Advantage subscription and has been updated with roles-based access control, better compliance reporting, a robust API, bare metal provisioning and enhanced integration with Ubuntu 12.04, the company said.
The Fair Work Ombudsman has launched a prosecution against the director of Compliance & Competency Management for underpaying IT staff and violating several workplace laws.
Current approach stems mostly from fear of cyberattacks and compliance purposes, and should move toward being more proactive to address evolving IT landscape.
Country's plans to tighten regulation over preinstalled apps for smartphones will force local mobile industry to mature and become more transparent, which benefits consumers, market watchers say.
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