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Shifts in CTO Responsibilities Over Time The ChiefTechnologyOfficer (CTO) role has evolved dramatically over the past few decades, driven by rapid technological advancements and shifting business landscapes.
Last summer, a faulty CrowdStrike software update took down millions of computers, caused billions in damages, and underscored that companies are still not able to manage third-party risks, or respond quickly and efficiently to disruptions. It was an interesting case study of global cyber impact, says Charles Clancy, CTO at Mitre.
Traditionally, cybersecurity has always focused on what can be hacked and not so much on who might be most at risk. Sunday Security , which is launching today and announcing a $4 million seed funding round, is trying to switch this up by offering cyber-risk protection for senior executives and other key personnel.
As they embark on their AI journey, many people have discovered their data is garbage, says Eric Helmer, chieftechnologyofficer for software support company Rimini Street. One of the foundational principles is cybersecurity, which is the primary concern for CIOs, according to Hardy.
In an era where technology reshapes entire industries, I’ve had the privilege of leading Mastercard on an extraordinary journey. Today, we’re a $450 billion company with more than 35,000 employees globally. Companies and teams need to continue testing and learning. But it wasn’t the tech that made Mastercard what it is today.
By Leonard Kleinman, Field ChiefTechnologyOfficer (CTO) ) Cortex for Palo Alto Networks JAPAC Many things challenge how we practice cybersecurity these days. Let’s look at some of these cybersecurity challenges and how automation can level the playing field.
Become reinvention-ready CIOs must invest in becoming reinvention-ready, allowing their enterprise to adopt and adapt to rapid technological and market changes, says Andy Tay, global lead of Accenture Cloud First. Reinvention-ready companies are positioned to succeed in the long term, Tay observes.
Enterprise infrastructures have expanded far beyond the traditional ones focused on company-owned and -operated data centers. This increased complexity means more companies will be relying on IT consultants to help navigate the changes and develop short-term and long-term strategies.
Alan Radford is regional CTO of One Identity and has a passion for helping organizations solve unique challenges in the identity and access management space. But many don’t know how common the technology is and may not realize that they are interacting with it regularly. Alan Radford. Contributor. Understanding RPA’s digital identity.
Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. Both types of gen AI have their benefits, says Ken Ringdahl, the companysCTO.
CTO and founder of Reposify , Yaron Tal is a tech entrepreneur and cybersecurity expert with nearly two decades of experience developing cybersecurity software solutions. A deep dive into these deficiencies points to clear solutions all industries – cybersecurity or otherwise – can embrace to protect themselves.
Job titles like data engineer, machine learning engineer, and AI product manager have supplanted traditional software developers near the top of the heap as companies rush to adopt AI and cybersecurity professionals remain in high demand. Many companies are still hiring developers, but not at the same rate as five years ago.
With this information, IT can craft an IT strategy that gives the company an edge over its competitors. Understanding the company’s competitive position allows IT leaders to mindfully act to implement technology for competitive advantage. the world’s leading tech media, data, and marketing services company.
As far as many C-suite business and IT executives are concerned, their company data is in great shape, capable of fueling data-driven decision-making and delivering AI-powered solutions. When the board asks the C-level about this technology, naturally people feel obliged to come up with something, he says.
Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companysCTO. But not every company can say the same. How do you build privacy, safety, security, and interoperability into the AI world? Weve been innovating with AI, ML, and LLMs for years, he says.
Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 PitchBook data shows a decline in cybersecurity valuations at the seed and Series A stages in particular.
Such a cryptographically relevant quantum computer (CRQC) could deliver a devastating impact to global cybersecurity protocols. To prepare for this worst-case scenario, Mastercard launched its Quantum Security and Communications project, which earned the company a 2023 US CIO 100 Award for IT innovation and leadership.
” The company claims that it cut costs in travel, vendor spend, marketing spend and investments in new bets, but that it ultimately had to reduce headcount. The well-funded company is dealing with more than the macroeconomic conditions that have caused thousands of tech companies to lay off employees.
The survey points to a fundamental misunderstanding among many business leaders regarding the data work needed to deploy most AI tools, says John Armstrong, CTO of Worldly, a supply chain sustainability data insights platform. Theres a perspective that well just throw a bunch of data at the AI, and itll solve all of our problems, he says.
But as a result, anybody could then expose a lot of company data inadvertently. In one case, this oversight led to a fragmented IT landscape and security vulnerabilities.” The CIO is really worried about cybersecurity and the risk of data exfiltration,” says Fernandes. You can’t ignore what’s going on in the world,” he says.
A lack of AI expertise is a problem, however, when other company leaders often turn to CIOs and other IT leaders as the “go-to people” for solving AI problems, says Pavlo Tkhir, CTO at Euristiq, a digital transformation company. “A The technology is too novel and evolving,” he says. “As
Given this diversity, it's important to be selective in the development services company with whom you choose to partner. In the 25 years that TechEmpower has been in business, we’ve seen thousands of companies come and go. In fact, you might have to secure them from diverse people/firms. Make certain you explore these projects.
Risk management is getting more board and executive attention, and even fairly modern risk frameworks are proving inadequate, adds Ralph Loura, former CIO and SVP at Lumentum, Hewlett-Packard, and The Clorox Company, among others. Part of this involves having a robust data security strategy and remediation protocols when an incident occurs.
What is a CTO? The chieftechnologyofficer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.
In our inaugural episode, Michael “Siko” Sikorski, CTO and VP of Engineering and Threat Intelligence at Unit 42 answers that question and speaks to the profound influence of artificial intelligence in an interview with David Moulton, Director of thought leadership for Unit 42. Threat Vector is your compass in the world of cybersecurity.
Gem Security , a New York- and Tel Aviv-based startup that is building a cloud threat detection, investigation and response (TDIR) platform, is coming out of stealth today and announced an $11 million seed funding round led by Team8. The company was co-founded by CEO Arie Zilberstein, CTO Ron Konigsberg and VP of Product Ofir Brukner.
Seemplicity is a portmanteau of “see” and “simplicity”, and that is effectively what it is doing: helping DevOps and SecOps teams see a more complete picture of the state of an organization’s security, by simplifying how to view it. S Capital led its seed round.
Neither Shih nor the company has made an official announcement, but a source familiar with the matter confirmed to CIO that Adam Evans, previously senior vice president of product for Salesforce AI Platform, has moved up to the newly created role of executive vice president and general manager of Salesforce AI.
SAP CTO Juergen Mueller will step down from SAP’s executive board at the end of September. “I I want to address an incident at a past company event where my behavior was inappropriate. I take full responsibility and believe stepping down is best for the company. It’s not the first reshuffling of SAP’s executive board this year.
Organizations have shifted to remote desktop work environments at an increasing speed since then – simultaneously expanding their attack surface and exposing themselves to greater cybersecurity threats. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5
Security was another constant challenge. In response, traders formed alliances, hired guards and even developed new paths to bypass high-risk areas just as modern enterprises must invest in cybersecurity strategies, encryption and redundancy to protect their valuable data from breaches and cyberattacks.
Samsung Securities and AFW Partners led the round. Santa Clara, California-based Tenstorrent was founded in 2016 and the company has since raised more than $1 billion, per Crunchbase. The company is just the latest startup at the intersection of chips and AI to raise big from investors this year.
Some companies are already on the bandwagon. The future is now Even with some issues to work out, and some resistance from developers to AI coding assistants, AI-native coding is the future, says Drew Dennison, CTO of code security startup Semgrep. Gen AI tools are advancing quickly, he says.
Oligo Security , a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open-source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding.
Regardless of the driver of transformation, your companys culture, leadership, and operating practices must continuously improve to meet the demands of a globally competitive, faster-paced, and technology-enabled world with increasing security and other operational risks.
Protecting these ever-increasing volumes of data is a high priority, and while there are many different types of cybersecurity threats to enterprise data, ransomware dominates the field. Claus Torp Jensen , formerly CTO and Head of Architecture at CVS Health and Aetna, agreed that ransomware is a top concern. “At
The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. Formulate a plan to bring those workstreams up to speed.
Spera , a Palo Alto-based security startup that provides businesses with the tools to proactively protect themselves from identity-driven threats, today said it has raised a $10 million seed funding round led by YL Ventures, with participation from a number of prominent angel investors and serial entrepreneurs.
Jim Chilton is an award-winning CIO who serves as the chieftechnologyofficer of Cengage Group, an innovative disruptor in the edtech space. As a business and technology executive, Chilton leverages his unique experiences to drive innovation and optimize technology throughout the company.
So Greenwald, Shoshan and Sarid, the former CTO of MuleSoft, founded Otterize , which aims to allow developers to securely connect different software services to each other and infrastructure by automatically configuring existing security controls. Otterize today raised $11.5 Time will tell. ” Otterize raises $11.5M
A shift to small wins The cost issue, combined with huge pressure from CEOs and boards to deploy and create value from AI, puts CIOs and other IT leaders in a difficult position, says Kevin Miller, CTO of industrial AI company IFS. The problem, however, is as much a scale problem as it is a cost problem, Perlov says.
Talk may be cheap, but when it comes to IT security, strategic conversations with colleagues, business partners, and other relevant parties can be priceless. Such discussions ensure the integration of cybersecurity initiatives and resource requirements in the enterprise’s business goals and objectives,” he adds.
Userpilot , a product-led growth platform for SaaS companies, has raised $4.6 million it secured in a pre-seed round last year. Userpilot helps companies “achieve higher user activation, engagement, and retention rates” by enabling them to personalize in-app onboarding experiences for users. The startup’s new funding follows $1.2
Skepticism from IT practitioners is natural, given they will have to work out how to deploy and maintain AI agents, says Tim Armandpour, CTO at PagerDuty. IT practitioners are cautious due to concerns around accuracy, transparency, security, and integration complexities, says Chahar, echoing Mikhailovs critiques.
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