Entries by maigensawyer

ANALYSIS Offsetting Asymmetry With Automation

Why Automation?
One strategy that organizations can use to help offset some of the inherent asymmetry in keeping technology secured is to make extensive use of automation to support security practices.
Why automation?
That means if you’ve automated a task, you don’t need boots on the ground for the work to get done — you can redeploy that staff to some other task.
Sometimes organizations need to make cuts.
So, compared to manual controls, an automated control potentially is more resilient when voluntary attrition or staff turnover occurs, and better insulated against budget reductions.
Specifically, it involves understanding, in order of increasing complexity: what specific controls you have in place; what they do; how they’re operated; the costs involved in using them; and what you’re missing, based on your overall risk profile.
However, only the most mature are likely to have assessed their risk profile, and the threat landscape that helps comprise it, in a useful, ongoing and systematic way.
They might inform their analysis based on staffing considerations (who’s hardest to replace), skills those staff members have (what they can otherwise do if an automation investment is made) and so on.
At the end of the day, though, the question isn’t necessarily whether you automate control X or control Y.

Grab nabs Paytm engineering head to be new payments CTO

His arrival is the latest in a string of hires and acquisitions that the company has made as it moves beyond ride-hailing to build its credentials as a payments platform.
Agrawal was previously a senior vice president at Indian digital payments firm Paytm, where he led a team of 200 engineers.
He will be based in Bangalore, where Grab has a research and development facility.
Grab group CTO Theo Vassilakis highlighted Agrawal’s tech leadership at Paytm at a time when India has been attempting to reduce its reliance on cash.
“We believe Southeast Asia has the same potential for epayments in the next 12 months.” Grab has been investing heavily in the development of its mobile wallet of late, as it seeks to diversify beyond its core ride-hailing business.
Over the past year it has introduced GrabPay Credits – an in-app currency that users can top-up with to pay for rides, or transfer to each other – and GrabRewards, a loyalty scheme which recently paired up with Singapore Airlines’ frequent flyer program.
More recently, Grab has rolled out QR code mobile payments in shops, restaurants, and hawker centers in Singapore, representing its first major play outside of a transportation context.
The company said it wants to extend GrabPay for merchants to other Southeast Asian markets next year.
Vassilakis was appointed group CTO last month after serving as development manager for Microsoft’s Azure cloud service in Seattle.
Prior to the arrival of Vassilakis, the group CTO post had apparently been vacant since the departure of Facebook alumnus Wei Zhu in 2015.

Consolidated-Tomoka Land Co. (CTO) Given a $80.00 Price Target at B. Riley

The brokerage currently has a buy rating on the financial services provider’s stock.
Several other equities analysts also recently commented on the company.
Finally, FBR & Co restated a buy rating on shares of Consolidated-Tomoka Land in a research report on Thursday, October 19th.
Consolidated-Tomoka Land has a one year low of $49.73 and a one year high of $61.70.
Consolidated-Tomoka Land (NYSEAMERICAN:CTO) last released its earnings results on Wednesday, October 18th.
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th.
Investors of record on Friday, November 10th will be given a $0.05 dividend.
The ex-dividend date of this dividend is Thursday, November 9th.
In related news, CFO Mark E. Patten sold 2,640 shares of the business’s stock in a transaction dated Wednesday, August 30th.
The stock was sold at an average price of $54.88, for a total value of $144,883.20.

Patients Commonly Get High Radiation Doses During CTO PCI

ANAHEIM, CA—Even in the hands of experienced operators, PCI of a chronic total occlusion (CTO) often results in patients receiving high doses of radiation, a registry study shows.
Across multiple centers, 23% of patients who underwent CTO PCI received a high dose (greater than 5 Gy), Judit Karacsonyi, MD (VA North Texas Healthcare System and UT Southwestern Medical Center, Dallas), reported recently at the American Heart Association 2017 Scientific Sessions here.
“If we find patients who have these, we can predict that the patient is going to receive a higher dose so we can pay even more attention to radiation protection,” Karacsonyi told TCTMD.
Concerns about radiation exposure should not discourage operators from performing CTO PCI when there is a clinical need for the procedure, Karacsonyi added.
Substantial Variation Across Centers To get of a sense of patient radiation exposure during CTO PCI in contemporary practice, the investigators turned to the multicenter PROGRESS-CTO registry.
The current analysis included data on 1,517 patients (mean age 64.7 years; 86% men) treated at 12 US centers between 2012 and 2017.
The mean was 2.95 Gy, although Karacsonyi said she was surprised to see substantial variation across centers.
Technical and procedural success rates were best in those with low radiation exposure.
In terms of complications, the rate of perforation was lowest among patients who had low radiation exposure (3.21%), increasing to 6.44% and 6.27% in the intermediate and high exposure groups, respectively.
Karacsonyi J.

ANALYST CORNER Which Is Best for You: iPhone 8, iPhone X or Galaxy S8?

I’ve lately been asked which of three new flagship phones is better: Apple’s iPhone 8, its iPhone X, or Samsung’s new Galaxy S8, which runs Google Android?
Smartphones have gone through some remarkable changes over the years.
As for the Home button, though, Apple has been messing with it for the last year or two — the iPhone 7 and 8 have different Home buttons.
Many users prefer the feel of the old time, real button.
iPhone, Android User Loyalty If you prefer one smartphone over the other, chances are you will stick with the brand.
As a wireless analyst, I regularly get all sorts of smartphones to evaluate and compare.
I would love a phone with the flexibility of Android and the security of the iPhone, but you can’t get both.
Size is one thing that has changed a lot over the years.
The original iPhone and Android models were smaller, but much easier to handle and operate with one hand.
That makes it easier to watch video, but today’s phones are heavier and larger, so they stick out of your shirt pocket and are impossible to use with just one hand.

Kevin Lupowitz joins trueEX as CTO

Source: trueEX trueEX, the fastest-growing interest-rate swap execution platform, has hired Kevin Lupowitz as Chief Technology Officer.
Lupowitz has held pioneering roles at several successful electronic trading firms and joins trueEX at a time of rapid platform growth, with notional trading activity up by 542% year-to-date versus 2016.
With its share of the dealer-to-client swaps market now over 30%, up from 9% in 2016, trueEX is looking to expand its execution services from interest rate swaps to encompass the broader Rates market.
Lupowitz will oversee this initiative to ensure the platform continues to lead the industry in terms of technical specifications, functionality and performance.
Lupowitz was a founding employee and Chief Information Officer at Liquidnet, the global institutional trading network, where he helped the company scale over more than a decade to encompass more than 40 global markets.
As CIO at trading platform FXAll, he was responsible for the technology transition and integration with Thomson Reuters.
Most recently, he was CIO of biometric secured ID provider CLEAR (by Alclear, LLC) where he led the core technology transformation to its Identity-as-a-Service platform.
“Kevin’s hire signals our intent to accelerate the transformation of the broader Rates markets for the good of both dealers and institutional clients,” said Sunil Hirani, CEO and founder of trueEX.
“With his experience at other successful industry innovators, I’m confident that Kevin will play a key role in this, supporting and building on our unprecedented 2017 growth.” “Joining trueEX is an exciting growth opportunity to work with a pioneering, rapidly growing and independent provider of trading technology,” said Lupowitz, who brings a proven pedigree of running secure, high-availability, regulated trading platforms, as well as security and identity management platforms.
“With its expanding dealer and client footprint, trueEX has the potential to transform the efficiency and structure of the global interest rates markets.”

E-Commerce Provides Fertile Ground for B2B Growth

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Eighty-nine percent of the 400-plus B2B decision makers CloudCraze surveyed in the United States and Europe expected digital commerce would help their businesses grow.
Other findings: Forty-eight percent already offered their full line of products online; Eighty-eight percent expected to sell products primarily online in the next five years; Fifty-six percent believed the greatest value of digital commerce was customer retention; and Fifty-four percent said the major value of digital commerce was customer acquisition.
Among the notable changes: Forty-two percent of respondents said the sales professional’s role had morphed into the role of strategic trusted adviser; Thirty-nine percent said sales teams had shifted their offers to marketing or other departments; and Thirteen percent said sales teams had refocused on high-volume customers. “As more and more B2B buyers look online for product information, comparisons and other information, and [use] tools for intelligent buying.
like AI-driven configurators and the like, the role of the transactional sales person — just an order taker — is shrinking,” Nucleus Research’s Wettemann told the E-Commerce Times.
Service With a Smile The roles of service teams also have been shifting: Forty-two percent of respondents said the service team had become more involved in commerce experiences; Twenty-two percent said the service team was spending less time servicing high-volume customers; and Twelve percent said the service team could better service customers through enhanced customer care. “Far more interactions happen between customer service and customers than between sales and customers,” Wettemann noted.
Richard Adhikari has been an ECT News Network reporter since 2008.

Virtues of Island Living Promoted by CTO at Canada Event

TORONTO, Canada– The Caribbean Tourism Organization (CTO) has declared 2018 the Year of Wellness and Rejuvenation in the Caribbean, stressing the physical and mental virtues of island living.
With wellness and rejuvenation being important aspects of the Caribbean tourism product offering, the CTO is encouraging member countries and private sector partners to plan and organize events and activities around the theme that will appeal to consumers, travel agents and tour operators.
“For those who focus on renewing body and spirit, the options are virtually endless; from beachfront workouts and yoga retreats, to wellness resorts and spa treatments, the notion of being rejuvenated in the Caribbean is one more reason to let us pamper you in 2018,” the secretary general said.
“The region’s diverse tropical landscape with mountain ranges, valleys and volcanoes, provide excellent opportunities for a variety of ages and physical abilities.
Individual trekking, group hiking, health walks, fun-runs, marathons and a range of water-based health-related activities are held throughout the year in our CTO member-countries.” The global wellness sector is a $3.72 trillion industry, according to the Global Wellness Institute, a Miami, Florida-based non-profit-making organization that provides global research and insight into the wellness industry.
The 2018 Caribbean Year of Wellness and Rejuvenation will be promoted through social media and traditional media channels and will create opportunities for travellers and holiday planners to share their experiences and ideas of how to welcome visitors to the region for wellness and rejuvenation.
Through the campaign, CTO, its member countries and private sector partners will highlight the Caribbean as the leading choice for wellness and rejuvenation.
At the briefing, Riley also announced that the Canadian market was a strong performer during the first half of 2017, with arrivals up by 6.4 percent over the corresponding period last year, and is expected to continue to register growth this year despite the hurricanes which impacted about 25 per cent of CTO member countries.
“The Conference Board of Canada is predicting that decent capacity and relative value will support growth and expects a transfer of demand from affected destinations to unaffected countries, with the overall impact likely to be minimal,” he said.
In addition, the Conference Board of Canada predicts that Caribbean air lift from Canada will be stable, with capacity up by double digits to about a dozen Caribbean countries through to July, while several others showed strong growth of between five per cent and 10 percent.

Vodafone CTO: 5G Is Overhyped & It’s Mainly About Cost

Speaking at a mobile broadband conference hosted by Chinese equipment giant Huawei Technologies Co. Ltd. in London, Johan Wibergh warned the industry against initially “overhyping” 5G and said it would benefit operators in the first two years of rollout mainly by helping them to slash operating expenditure when providing mobile broadband services. “The increased efficiency that you get from massive MIMO and radio that can handle up to 100 megahertz means 5G is about ten times more cost efficient than 4G,” he told conference attendees during a morning keynote session. “We should be talking more about this because at first it will be about mobile broadband, and cost is a challenge with growing data volumes.”
But some investors and analysts remain skeptical that it will lead to an increase in service revenues for the operators introducing the standard. “If spectrum costs are high there won’t be cost benefits with 5G.” “If we don’t talk about when things will happen, you will get a message the audience won’t understand.
If you talk about cost efficiencies and the things you can do in the first two years, you will get a more realistic scenario.” “We have refarmed quite a lot of spectrum already,” he said.
The UK-based operator has already made some investments in pre-5G mobile technology in Spain, where it installed ten massive MIMO basestations in central Madrid during a recent event.
(See Vodafone Ups Guidance on European Growth.)

IT ‘will be gone by 2030’, says CA CTO Otto Berkes

The business technology landscape is changing so fast that IT will have been completely eradicated in less than 15 years, CA’s chief technology officer has claimed.
Speaking at CA World 2017, CTO Otto Berkes told attendees that the accelerating pace of change within the tech sector is fundamentally changing the nature of how businesses consume technology and tools.
Increasing end-user engagement and the democratisation of access to tools has flipped the process of IT decision-making from a prescriptive, management-led approach to a ‘bottoms-up’ model driven by workers themselves.
Berkes also pointed out that businesses need to be willing to take chances on offering new products and services, saying that today’s fast-moving markets necessitate a certain level of risk-taking. “The new world won’t wait for a complete set of requirements to start a long waterfall execution process.
Today, you need to start with what you believe about the future, and then iterate with your customers to continuously shape and re-shape what you deliver.”
However, he also warned that businesses should try and avoid getting too far ahead of themselves.
While he advised attendees to build products to meet future demand, that demand can’t be too far in the future. “This is where a lot of companies get into trouble,” Berkes said. “They either take a leap of faith and tackle something that nobody even needs yet, or they build something for today that becomes almost immediately obsolete, or is simply an attempt to catch up to the competition.”