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With cyberattacks becoming increasingly common and complex, the need for a Security Operations Center (SOC) has never been more critical. Organizations are dedicating resources to SOCs to defend their data, systems, and intellectual assets. This article examines the role, organization, and operations of a SOC, as well as the challenges and rewards associated with building...
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As financial institutions encounter growing demands to meet regulatory requirements and safeguard sensitive information, the importance of the Chief Information Security Officer (CISO) has become crucial. With the introduction of new regulations like the Digital Operational Resilience Act (DORA), financial entities must be well-prepared to handle Information and Communication Technology (ICT) risks and address cybersecurity...
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Penetration testing, commonly known as pen testing, is a vital cybersecurity practice where ethical hackers mimic cyberattacks on systems, networks, or applications to discover and exploit potential weaknesses. A key issue that pen testing can reveal is the existence of backdoors—unauthorized access points that allow attackers to bypass standard security protocols. However, backdoors are just...
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As the Digital Operational Resilience Act (DORA) comes into force on January 17, 2025, organizations in the financial services industry must take swift action to ensure compliance. This regulation goes beyond ticking boxes; it establishes a vital framework designed to enhance the digital resilience of companies and protect their key assets, including but not limited...
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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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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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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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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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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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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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