By

webeditorhere
In the rapidly evolving world of retail, businesses are perpetually searching for inventive approaches to stay at the forefront and address the shifting preferences of their customers. One notable technological advancement gaining significant traction in the retail industry is predictive artificial intelligence (AI). But the question arises: does predictive AI truly enhance the shopping experience,...
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The European Union (EU) is on the edge of a significant regulatory transformation with proposed rules outlined by the European Council, marking a crucial moment in the governance of artificial intelligence (AI). These regulations are set to reshape the landscape of AI usage and oversight, significantly impacting businesses involved in AI operations across various industries....
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As we step into the spring season, the world around us continues to evolve at a rapid pace, driven by technological advancements and digital innovations. In this dynamic landscape, businesses face the challenge of staying ahead of the curve to remain competitive and secure in an increasingly digitalized environment. At Konkrit Solutions, we recognize the...
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In today’s dynamic business landscape, data stands as the cornerstone of success, providing valuable insights that drive strategic decision-making. However, in the vast ocean of information, navigating the complexities of data management can be challenging for organizations. This is where the concept of data governance emerges as a guiding light, offering a structured approach to...
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The Cyprus Securities and Exchange Commission (the “CySEC”) on the 5th of February 2024 issues Circular C619 on ESMA Guidelines on transfer of data between Trade Repositories under EMIR and SFTR (ESMA 74-362-2351) (the “Circular”). Further to the issuance of the Circular, CySEC wishes to remind the Regulated Entities* that the European Securities and Markets...
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In an era where digital security is non-negotiable, ISO 27001 stands as an assurance for organizations striving to protect their information assets. This article explores the intricacies of ISO 27001, shedding light on its significance and how it can fortify your organization’s defense against evolving cyber threats. ISO 27001 is not merely a certification; it’s...
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The Cyprus Securities and Exchange Commission (CySEC) issues Circular C616 as a reminder to Regulated Entities about the recent publication of the European Securities and Markets Authority (ESMA) Guidelines for reporting under the European Market Infrastructure Regulation (EMIR). These comprehensive guidelines, officially released on October 23, 2023, and translated into all EU official languages, aim...
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The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the first set of final draft technical standards under the DORA aimed at enhancing the digital operational resilience of the EU financial sector by strengthening financial entities’ Information and Communication Technology (ICT) and third-party risk management and incident reporting frameworks. The joint final...
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In an era dominated by technology, safeguarding sensitive information is vital for organizations. Information Security Risk Assessment (ISRA) emerges as a crucial process in identifying, evaluating, and mitigating potential risks that could compromise the integrity, confidentiality, and availability of valuable data. This article will explore the intricacies of ISRA, its significance, and how organizations can...
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Konkrit Solutions specializes in helping companies in various sectors with their digital transformation projects. In our experience, we’ve noticed that many departments within these companies resist making changes. Sometimes, employees in businesses that have been around for a while don’t like things to be different. However, for a business to succeed, it needs to keep...
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