Courage

Hello, our dear subscriber! We hope you have a week that feeds your dreams and surprises you along the way. What is waiting for you in a couple of seconds:

?? Cyber Security: Beyond the Buzzwords – Unraveling the Costs and Consequences

?? Software Development Evolution: 2023’s Better and Worse Tech Frontier

?? UK Cloud Computing Dominance Under Scrutiny: Amazon and Microsoft Face Competition Probe

?? Cracking the Code: The Persistent Challenge of Passwords in Cybersecurity

?? This country runs on 98 percent renewable energy

?? 99% Invisible

This issue's highlight is "Courage"! True courage in business lies not in the absence of fear, but in the decision to act despite it. It's the ability to make bold decisions, to stand up for what is right, and to lead with integrity and conviction.

The issue’s inspiration comes from Aristotle:

"You will never do anything in this world without courage. It is the greatest quality of the mind next to honor."?

What does CSI Technologies have in store for you this week?

Cyber Security: Beyond the Buzzwords – Unraveling the Costs and Consequences

In today’s digital ecosystem, the rise of?cyber security?failures has become a major worry for enterprises all over the world. These occurrences, in which an organization’s security procedures fail to protect it from?cyber attacks, can devastate both its finances and its reputation.

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Remind you of our latest blog post & discussion

Software Development Evolution: 2023’s Better and Worse Tech Frontier

In the world of technology, which is always changing, it’s important to know what’s new. As we move into 2023, the world of?software development and?DevOps?is alive and changing, with a number of key trends that are changing how we think about, build, and use software.

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Industry News

UK Cloud Computing Dominance Under Scrutiny: Amazon and Microsoft Face Competition Probe

Ofcom, the UK's media watchdog, has announced a competition probe into the cloud computing market due to concerns about its dominance by Amazon and Microsoft. These two giants make up 70-80% of the sector in the UK, while Google, the closest competitor, holds only 5-10%.

Ofcom's worries stem from the lack of competition, making it difficult for businesses to switch providers. The regulator has referred the sector to the UK's Competition and Markets Authority (CMA) for investigation. Amazon and Microsoft have expressed their willingness to cooperate with the CMA, although Amazon has contested Ofcom's concerns, claiming they are based on a "fundamental misconception" of the sector. The CMA's investigation is expected to conclude by April 2025, and it has the power to enforce changes in business practices or block purchases if necessary. The watchdog is particularly concerned about obstacles to switching providers, including fees charged for moving data to rivals, which could be limiting competition in the cloud computing market.

Source: BBC

Cracking the Code: The Persistent Challenge of Passwords in Cybersecurity

Despite being used for decades, passwords remain untrustworthy and are the primary target for cyberattacks. Businesses rely heavily on passwords and struggle with the challenge of managing numerous credentials tied to various applications.?Cybersecurity experts recognize the weaknesses but are limited in their options. Password managers and multi-factor authentication (MFA) provide some security but also present risks when compromised. The prevalence of phishing attacks and stolen credentials exacerbates the problem, leading to data breaches and other cybercrimes. While efforts to move towards a passwordless future are underway, challenges like system compatibility and widespread adoption hinder progress. Overall, the text highlights the urgent need for improved identity and access management practices in cybersecurity.

Source: ConstructionDive

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?????? Fifteen years ago, Uruguay heavily relied on fossil fuels for energy, leading to a crisis. Today, the country generates 98% of its electricity from renewables and exports surplus energy. Former energy secretary Ramón Méndez Galain explains their swift transition and offers insights for other nations to follow suit.

??????? Design permeates every aspect of our existence, especially in the unnoticed places. 99% Invisible is a weekly podcast delving into the intricacies and influence of design and architecture, created by acclaimed producer Roman Mars.?

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