By

webeditorhere
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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19
Apr

Circular C633: Notification of errors and omissions to CySEC in accordance with Article 9 of Regulation (EU) 2022/1860 laying down implementing technical standards for the application of Regulation (EU) No 648/2012

April 19, 2024
The Cyprus Securities and Exchange Commission (the “CySEC”) on the 16th of April 2024 issues Circular C633 on the Notification of errors and omissions to the Cyprus Securities and Exchange Commission in accordance with Article 9 of Regulation (EU) 2022/1860 laying down implementing technical standards for the application of Regulation (EU) No 648/2012 (‘Regulation 2022/1860’)...
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10
Apr

AI: Echoes of the Early Days of Cloud Computing

April 10, 2024
As artificial intelligence (AI) leads us into innovation and possibility, it’s impossible to ignore the striking similarities between its evolution and the early days of cloud computing. Just as clouds once rolled in with skepticism but ultimately transformed the digital landscape, AI is now set to release its transformative power. In this article, we’ll be...
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29
Mar

World Cybersecurity Summit 2024: Exploring Innovations in Cybersecurity

March 29, 2024
We recently had the privilege of attending the prestigious BOUSSIAS World Cybersecurity Summit 2024, held in Nicosia, Cyprus, on March 28th. This one-day conference brought together some of the world’s most prominent cyber leaders and top technology companies to address the critical challenges facing the cybersecurity landscape in an AI-driven world. Themed “REDEFINING CYBERSECURITY IN...
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21
Mar

Predictive AI in Retail: Blessing or Curse for Customers?

March 21, 2024
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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21
Mar

Konkrit Solutions: Your Guide Through the New EU AI Regulations

March 21, 2024
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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04
Mar

Continuous Professional Development: The Vital Role of Education in the Digital Era

March 4, 2024
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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19
Feb

Unlocking Business Potential: The Power of Data Governance

February 19, 2024
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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06
Feb

Circular C619: ESMA Guidelines on transfer of data between Trade Repositories under EMIR and SFTR (ESMA 74-362-2351)

February 6, 2024
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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