By

webeditorhere
05
Sep

The Rise of Deepfakes: A Growing Concern for Society and Financial Entities

September 5, 2024
What is Deepfake? Deepfakes are an advanced type of synthetic media created using artificial intelligence (AI) to produce highly realistic videos, images, or audio recordings that replicate a person’s appearance and voice. By utilizing deep learning and neural networks, creators can alter existing media or produce entirely new content, making it seem as if individuals...
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22
Aug

A Step-by-Step Guide to Digital Transformation

August 22, 2024
Digital transformation is a powerful way to unlock efficiency, insight, and growth for your business. However, it’s important to recognize that this is a significant change that should be approached thoughtfully and incrementally. Each step in this transformation journey—starting with document management, moving through Enterprise Resource Planning (ERP) integration, and culminating in AI-driven analytics—not only...
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01
Aug

European Artificial Intelligence Act Enters into Force

August 1, 2024
August 1st marks a significant milestone with the implementation of the European Artificial Intelligence Act (AI Act), the world’s first comprehensive regulation on artificial intelligence (AI). This landmark legislation ensures that AI developed and used in the European Union (EU) is trustworthy, safeguarding fundamental rights. The AI Act aims to establish a unified internal market...
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22
Jul

SOC Reports: Building Trust and Ensuring Security

July 22, 2024
Ensuring the security and reliability of service organizations is critical. SOC (System and Organization Controls) reports are essential tools that help organizations show their commitment to data management and protection. Understanding SOC 1, 2, and 3 reports is crucial for businesses aiming for compliance, transparency, and trust. This article offers a comprehensive overview of each...
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05
Jul

Quantum Computing: Revolutionizing the Future with Unmatched Power

July 5, 2024
Quantum computing is quickly becoming one of the most groundbreaking technologies of the 21st century. Unlike traditional computers that use bits for data, quantum computers use qubits. This key difference enables quantum computers to perform some calculations much faster than traditional ones. What is Quantum Computing? Quantum computing relies on principles from quantum mechanics, a...
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21
Jun

The closing of iFX Cyprus EXPO 2024

June 21, 2024
We were delighted to meet all attendees who visited our booth at the iFX EXPO Cyprus 2023, and we extend our gratitude to each participant, exhibitor, and organizer who contributed to making this event one of the largest B2B expos globally. The IFXEXPO convened industry experts from across five continents, fostering discussions on development, collaboration,...
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24
May

Insights from the “Technology in Action” Event

May 24, 2024
On May 22, 2024, our team had the privilege of attending the “Technology in Action” (TIA) event, held at the Kousioumi Estate. This conference, organized by the iMinder Academy with scientific support from iMinder consultants, brought together industry leaders and professionals to explore the pivotal role of technology across various business functions. The Growing Role...
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16
May

Green Agenda: Sustainability Through Technological Innovation

May 16, 2024
The connection between technology and environmental sustainability is now more important than ever. As companies worldwide realize the pressing need to tackle climate change and lessen their environmental impact, incorporating eco-friendly practices into their operations is a major focus. This article examines the key parts of a Green Technology Agenda, explaining how businesses can use...
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30
Apr

Fear begets Inferno

April 30, 2024
Emerging technologies can sometimes spark fears about job security among employees. However, a closer examination reveals that these technologies are not job killers but rather catalysts for transformation and opportunity. Here’s why employees need not fear job loss in the face of emerging technologies: Augmentation, Not Replacement: Emerging technologies are crafted to enhance human abilities,...
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25
Apr

Circular C639: Voluntary Dry Run Exercise to prepare industry for the next stage of Digital Operational Resilience Act (DORA) implementation

April 25, 2024
The Cyprus Securities and Exchange Commission (the ‘CySEC’) on April 24th, 2024 issued Circular C639, regarding the Voluntary Dry Run Exercise to prepare industry for the next stage of Digital Operational Resilience Act (DORA) implementation (the ‘Circular’). Through this Circular, CySEC wishes to notify Regulated Entities* about the upcoming voluntary exercise initiated by the European...
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